Monolithic Power Systems, Inc. (MPWR)
Information Technology · Semiconductors · US stock · S&P 500 component
$1,210.86
▼ -38.34 (3.07%)
Fair valueOvervalued
$443 −63.4% to fair value
$222fair band $310–$576$665
Day's range
$1,207.20 – $1,249.00
52-week range
$827.63 – $1,708.95
About Monolithic Power Systems, Inc.
Monolithic Power Systems designs semiconductors that manage and convert electrical power, and sells them to makers of computing, communications, automotive, industrial and consumer products. Its chips are used in data center servers, vehicles and other devices. The company designs the products and relies on outside foundries to make them, earning money from chip sales. Demand depends on end markets such as data centers and cars.
Over the latest twelve months the company reported revenue of $3.3 billion, and annual revenue rose by 15.9% on average across three years. Profitability at the operating level stands at 28.7%, and return on invested capital came to 31%. A dividend is paid, with a yield of 0.6%. It carries an X-Ray Score of 57 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $827.63 – $1,708.95Volume 834,200Daily, split-adjusted
Vitals
Market cap$59.6B
52-week range$827.63 – $1,708.95
Volume (last day)834,200
P/E (TTM)73.6
EBIT / EV yield1.6%
Free-cash-flow yield1.0%
Dividend yield0.6%
Revenue (TTM)$3.3B
Net income (TTM)$802M
Operating margin28.7%
Return on capital30.9%
Debt incl. leasesData missing
Cash & securities$1.4B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$443model spread $415 – $474
Overvalued
−63.4% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Multiples use through-the-cycle earnings (0.81x of the last twelve months)
Price $1,211
Undervalued < $310Fair $310 – $576Overvalued > $576
10-year DCF (market-scaled)
$480
Peer multiples
$452
Earnings power floor (not blended)
$139
Fundamentals-adjusted multiple
$398
Growth the price implies
46.7%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Valuation
Weak
17/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield1.6%
Free-cash-flow yield1.0%
Fair value vs price0.4×
Growth
Strong
77/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)15.9%
EPS growth (3y)12.4%
Growth consistency100%
Profitability
Fair
58/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital30.9%
Operating margin28.7%
Gross profitability38.6%
Financial health
Strong
80/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score7 / 9
Interest coverNo interest cost
Dividends
Fair
53/100
Dividend is typical for its sector.
See the numbers →
Dividend yield0.6%
Dividends vs free cash flow64%
Dividend growth27.3%
Quarterly results: last 6 quarters
+39.2%
Mar '25
+31.0%
Jun '25
+18.9%
Sep '25
+20.8%
Dec '25
+26.1%
Mar '26
+47.6%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $981M, diluted EPS $5.22.
Compare with peers
MU Micron Technology Inc77 FSLR First Solar, Inc.67 NVDA Nvidia Corp65 QCOM Qualcomm Inc57Other Semiconductors companies by X-Ray Score.
Fundamentals checklist
● 9 Good · ● 2 Average · ● 4 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Good
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioGood
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalGood
Operating marginAverage
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 56/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.8B | $1.8B | $2.2B | $2.8B |
| Operating income | $262M | $527M | $482M | $539M | $729M |
| Net income | $242M | $438M | $427M | $1.6B | $621M |
| Operating cash flow | $320M | $247M | $638M | $788M | $838M |
| Operating margin | 21.7% | 29.4% | 26.5% | 24.4% | 26.1% |
| Free cash flow | $226M | $188M | $581M | $642M | $666M |
| Diluted EPS | $5.05 | $9.05 | $8.76 | $32.60 | $12.86 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
3 bullish · 1 neutral · 12 bearish
Weekly
Bearish
4 bullish · 1 neutral · 7 bearish
Monthly
Bullish
5 bullish · 1 neutral · 2 bearish
Moving averages (daily)
| SMA 10 | 1,347.8 | Bearish |
| EMA 10 | 1,305.9 | Bearish |
| SMA 20 | 1,351.8 | Bearish |
| EMA 20 | 1,318.6 | Bearish |
| SMA 50 | 1,306.1 | Bearish |
| EMA 50 | 1,320.7 | Bearish |
| SMA 100 | 1,364.5 | Bearish |
| EMA 100 | 1,325.5 | Bearish |
| SMA 200 | 1,300.2 | Bearish |
| EMA 200 | 1,264.0 | Bearish |
Oscillators (daily)
| RSI (14) | 37.72 | Neutral |
| MACD (12, 26) | -5.40 | Bearish |
| Momentum (12) | -10.12 | Bearish |
| Stochastic %K (14) | 5.35 | Bullish |
| Williams %R (14) | -94.65 | Bullish |
| CCI (20) | -166.4 | Bullish |
Pivot points (classic, last session)
S3 1,153.9 | S2 1,180.6 | S1 1,195.7 | Pivot 1,222.4 | R1 1,237.5 | R2 1,264.2 | R3 1,279.3 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
7.56 USD
Yield on today's price
0.62%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 30 Sep 2026 | 2.0000 |
| 30 Jun 2026 | 2.0000 |
| 31 Mar 2026 | 2.0000 |
| 31 Dec 2025 | 1.5600 |
| 30 Sep 2025 | 1.5600 |
| 30 Jun 2025 | 1.5600 |
| 31 Mar 2025 | 1.5600 |
| 31 Dec 2024 | 1.2500 |
| 30 Sep 2024 | 1.2500 |
| 28 Jun 2024 | 1.2500 |
| 27 Mar 2024 | 1.2500 |
| 28 Dec 2023 | 1.0000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
MPWR SEC filings
10 Sep 2026
8-KSEC EDGAR
Other events
5 Aug 2026
10-QSEC EDGAR
Quarterly report
30 Jul 2026
8-KSEC EDGAR
Results of operations
12 Jun 2026
8-KSEC EDGAR
Shareholder vote results; Other events
4 May 2026
10-QSEC EDGAR
Quarterly report
30 Apr 2026
8-KSEC EDGAR
Results of operations
30 Apr 2026
DEF 14ASEC EDGAR
Proxy statement
27 Feb 2026
10-KSEC EDGAR
Annual report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.