Monolithic Power Systems, Inc. (MPWR)

NASDAQ: MPWR · IEX Real-Time Price · USD
673.14
+7.90 (1.19%)
At close: Mar 27, 2024, 4:00 PM
675.00
+1.86 (0.28%)
After-hours: Mar 27, 2024, 6:38 PM EDT

Total Valuation

MPWR has a market cap or net worth of $32.43 billion. The enterprise value is $31.32 billion.

Market Cap 32.43B
Enterprise Value 31.32B

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, after market close.

Earnings Date May 2, 2024
Ex-Dividend Date Mar 27, 2024

Share Statistics

MPWR has 48.66 million shares outstanding. The number of shares has increased by 0.85% in one year.

Shares Outstanding 48.66M
Shares Change (YoY) +0.85%
Shares Change (QoQ) +0.18%
Owned by Insiders (%) 2.55%
Owned by Institutions (%) 95.11%
Float 46.69M

Valuation Ratios

The trailing PE ratio is 76.84 and the forward PE ratio is 51.31. MPWR's PEG ratio is 2.66.

PE Ratio 76.84
Forward PE 51.31
PS Ratio 17.81
Forward PS 15.58
PB Ratio 15.82
P/FCF Ratio 55.86
PEG Ratio 2.66
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 57.37, with an EV/FCF ratio of 53.95.

EV / Earnings 73.29
EV / Sales 17.20
EV / EBITDA 57.37
EV / EBIT 61.92
EV / FCF 53.95

Financial Position

The company has a current ratio of 7.74, with zero debt.

Current Ratio 7.74
Quick Ratio 5.48
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 22.50% and return on invested capital (ROIC) is 19.85%.

Return on Equity (ROE) 22.50%
Return on Assets (ROA) 18.60%
Return on Capital (ROIC) 19.85%
Revenue Per Employee $510,963
Profits Per Employee $119,914
Employee Count 3,564
Asset Turnover 0.79
Inventory Turnover 1.93

Taxes

In the past 12 months, MPWR has paid $78.47 million in taxes.

Income Tax 78.47M
Effective Tax Rate 15.51%

Stock Price Statistics

The stock price has increased by +39.42% in the last 52 weeks. The beta is 1.25, so MPWR's price volatility has been higher than the market average.

Beta (1Y) 1.25
52-Week Price Change +39.42%
50-Day Moving Average 683.62
200-Day Moving Average 562.51
Relative Strength Index (RSI) 45.29
Average Volume (30 Days) 542,442

Short Selling Information

The latest short interest is 965,676, so 1.98% of the outstanding shares have been sold short.

Short Interest 965,676
Short Previous Month 941,563
Short % of Shares Out 1.98%
Short % of Float 2.07%
Short Ratio (days to cover) 1.63

Income Statement

In the last 12 months, MPWR had revenue of $1.82 billion and earned $427.37 million in profits. Earnings per share was $8.76.

Revenue 1.82B
Gross Profit 1.02B
Operating Income 481.74M
Pretax Income 505.84M
Net Income 427.37M
EBITDA 546.01M
EBIT 505.84M
Earnings Per Share (EPS) $8.76
Full Income Statement

Balance Sheet

The company has $1.11 billion in cash and no debt, giving a net cash position of $1.11 billion or $22.78 per share.

Cash & Cash Equivalents 1.11B
Total Debt n/a
Net Cash 1.11B
Net Cash Per Share $22.78
Equity / Book Value 2.05B
Book Value Per Share 42.13
Working Capital 1.58B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $638.21 million and capital expenditures -$57.58 million, giving a free cash flow of $580.64 million.

Operating Cash Flow 638.21M
Capital Expenditures -57.58M
Free Cash Flow 580.64M
FCF Per Share $12.20
Full Cash Flow Statement

Margins

Gross margin is 56.07%, with operating and profit margins of 26.45% and 23.47%.

Gross Margin 56.07%
Operating Margin 26.45%
Pretax Margin 27.78%
Profit Margin 23.47%
EBITDA Margin 29.98%
EBIT Margin 27.78%
FCF Margin 31.88%

Dividends & Yields

This stock pays an annual dividend of $5.00, which amounts to a dividend yield of 0.74%.

Dividend Per Share $5.00
Dividend Yield 0.74%
Dividend Growth (YoY) 30.77%
Years of Dividend Growth 6
Payout Ratio 57.08%
Buyback Yield -0.85%
Shareholder Yield -0.11%
Earnings Yield 1.32%
FCF Yield 1.79%
Dividend Details

Analyst Forecast

The average price target for MPWR is $670.33, which is -0.42% lower than the current price. The consensus rating is "Strong Buy".

Price Target $670.33
Price Target Difference -0.42%
Analyst Consensus Strong Buy
Analyst Count 10
Revenue Growth Forecast (5Y) 15.04%
EPS Growth Forecast (5Y) 22.60%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

MPWR has an Altman Z-Score of 53.38 and a Piotroski F-Score of 5.

Altman Z-Score 53.38
Piotroski F-Score 5