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Monolithic Power Systems Inc

Company price
1195.0 USD 63.57 ( 5.62%)
Last update at 2026-11-06T21:01:00Z
VOLUME
1198616
Market Cap
36970.28M
P/E
90.10

Momentum Score

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Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications. It offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in computers and notebooks, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors, value-added resellers, directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers. It serves China, Taiwan, South Korea, Europe, Japan, Southeast Asia, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.

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Day Price Range
1153.34
Low
1217.24
High
52 Week Price Range
390.75
Low
776.69
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Monolithic Power Systems is a fabless semiconductor designer of high-efficiency power management integrated circuits serving data center, communications, industrial, automotive and consumer markets. Long-term growth could be driven by rising power-density and efficiency demands from AI/data centers, automotive electrification and 5G, and the company appears positioned in a high-margin niche with a diversified product portfolio.
Material risks include semiconductor cyclicality, competition from larger analog and power-solution vendors, reliance on third-party foundries and supply-chain constraints, and geopolitical or customer-concentration exposures.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1131.43
Dividend Yield
0.66%
Revenue TTM
1827.89M
Revenue Per Share
38.11
Gross Profit TTM
1048.55M
Debt / Equity
0.00
ROE
21.09%
Net Debt
-553.18M
ROCE
23.86%
Diluted EPS TTM
8.43

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 524.94M 272.22M 169.34M 113.12M 118.48M
Net income 437.67M 242.02M 164.38M 108.84M 105.27M
Selling general administrative 273.60M 226.19M 161.67M 133.54M 113.80M
Gross profit 1048.55M 685.46M 465.95M 346.32M 322.67M
Reconciled depreciation 37.11M 28.70M 19.19M 14.87M 12.31M
Ebit 526.78M 262.42M 158.88M 102.56M 105.02M
Ebitda 542.79M 274.87M 174.49M 107.49M 117.33M
Depreciation and amortization 16.00M 12.45M 15.61M 4.93M 12.31M
Non operating income net other -1.85M 9.80M 10.46M 10.56M 4.99M
Operating income 526.78M 262.42M 158.88M 102.56M 113.49M
Other operating expenses 1259.36M 939.16M 677.77M 522.89M 466.97M
Interest expense 14.37M 26.05M 14.04M 20.50M 0.00M
Tax provision 87.27M 30.20M 4.97M 4.28M 13.21M
Interest income 14.37M 11.64M 9.33M 7.30M 6.32M
Net interest income 14.37M 11.64M 9.33M 7.30M 6.32M
Extraordinary items - - - -2.00M -1.30M
Non recurring 8.00M 6.22M - - -
Income tax expense 87.27M 30.20M 4.97M 4.28M 13.21M
Total revenue 1794.15M 1207.80M 844.45M 627.92M 582.38M
Total operating expenses 513.77M 416.82M 299.27M 241.30M 207.26M
Cost of revenue 745.60M 522.34M 378.50M 281.60M 259.71M
Total other income expense net -1.85M 9.80M 10.46M 10.56M 3.07M
Net income from continuing ops 437.67M 242.02M 164.38M 108.84M 105.27M
Net income applicable to common shares 437.67M 242.02M 164.38M 108.84M 105.27M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2443.21M 2058.89M 1585.83M 1208.49M 956.38M
Other current assets 44.12M 42.74M 35.54M 22.98M 19.61M
Total liab 393.27M 390.28M 341.84M 241.90M 182.88M
Total stockholder equity 2049.94M 1668.60M 1243.98M 966.59M 773.49M
Other current liab 104.01M 201.94M 139.62M 100.16M 66.29M
Common stock 1129.94M 975.28M 803.23M 657.70M 549.52M
Capital stock 1129.94M 975.28M 803.23M 657.70M 549.52M
Retained earnings 947.06M 716.40M 424.88M 298.75M 229.45M
Other liab - 125.22M 114.90M 94.94M 83.56M
Good will 6.57M 6.57M 6.57M 6.57M 6.57M
Other assets 0.00M 273.14M 91.44M 101.37M 60.28M
Cash 561.05M 288.61M 189.26M 334.94M 172.96M
Total current liabilities 235.03M 263.40M 226.94M 146.97M 98.22M
Current deferred revenue 65.76M - 4.30M 7.24M 3.41M
Net debt -553.18M -288.61M -189.26M -331.85M -170.60M
Short term debt 2.30M - - 1.41M 1.25M
Short long term debt total 7.87M - - 3.10M 2.36M
Other stockholder equity -0.00M -23.08M 15.88M 10.14M -0.48M
Property plant equipment - 357.16M 362.96M 281.53M 228.31M
Total current assets 1819.50M 1410.62M 1124.85M 842.00M 655.21M
Long term investments - - - 6.26M 3.14M
Net tangible assets - 1662.03M 1243.98M 966.59M 766.92M
Short term investments 580.63M 449.27M 535.82M 260.17M 282.44M
Net receivables 250.00M 182.71M 104.81M 66.84M 52.70M
Inventory 383.70M 447.29M 259.42M 157.06M 127.50M
Accounts payable 62.96M 61.46M 83.03M 38.17M 27.27M
Accumulated other comprehensive income -27.06M -23.08M 15.88M 10.14M -5.48M
Common stock total equity - 975.28M 803.23M 657.70M 549.52M
Retained earnings total equity - 716.40M 424.88M 298.75M 229.45M
Non currrent assets other 202.22M 249.29M 69.52M 53.58M 45.95M
Non current assets total 623.71M 648.27M 460.97M 366.49M 301.17M
Capital lease obligations 5.57M - - 3.10M 2.36M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -262.87M 62.83M -281.13M 19.13M -76.51M
Change to liabilities - 56.30M 83.97M 49.63M 16.64M
Total cashflows from investing activities - -12.51M -378.89M -39.18M -167.11M
Total cash from financing activities -183.72M -128.78M -90.21M -71.56M -48.05M
Change to operating activities - -126.30M 23.96M 35.47M 4.74M
Net income 427.37M 437.67M 242.02M 164.38M 108.84M
Change in cash 272.44M 99.34M -145.68M 162.00M 0.26M
Begin period cash flow 288.61M 189.39M 335.07M 173.08M 172.82M
End period cash flow 561.05M 288.73M 189.39M 335.07M 173.08M
Total cash from operating activities 638.21M 246.67M 320.01M 267.80M 216.30M
Depreciation 40.17M 37.11M 28.70M 19.19M 14.87M
Other cashflows from investing activities - -16.49M -3.31M -2.67M 5.21M
Dividends paid 185.84M 137.97M 109.36M 88.79M 67.29M
Change to inventory 63.58M -188.07M -102.32M -29.50M 8.87M
Change to account receivables 2.88M -77.90M -37.98M -14.12M 2.51M
Sale purchase of stock -3.74M 5.88M 4.67M 3.82M 3.28M
Other cashflows from financing activities 5.86M -2.06M 19.16M 17.23M 19.24M
Change to netincome - 147.87M 120.82M 82.85M 77.86M
Capital expenditures 57.58M 58.84M 95.24M 55.64M 96.79M
Change receivables - -77.90M -37.98M -14.12M 2.51M
Cash flows other operating - -170.68M -19.87M -7.59M -14.01M
Cash and cash equivalents changes - 105.38M -149.08M 157.07M 0.26M
Change in working capital 30.32M -386.96M -71.64M 3.00M 17.81M
Stock based compensation 149.71M 160.99M 123.48M 85.55M 78.70M
Other non cash items -15.23M 11.07M 0.22M -2.69M -3.34M
Free cash flow 580.63M 187.83M 224.77M 212.16M 119.52M

Peer Comparison*

Sector: Technology Industry: Semiconductors

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MPWR
Monolithic Power Systems Inc
63.57
5.62%
1195.00 90.10 52.36 17.59 15.62 16.98 59.26
NVDA
NVIDIA Corporation
5.40
2.97%
187.00 26.82 23.26 16.91 22.25 16.73 21.68
AVGO
Broadcom Inc
2.16
0.74%
293.69 78.55 35.84 27.93 23.69 28.47 52.08
SKHY
SK Hynix Inc. American Depositary Shares
3.45
2.78%
127.35 10.38 4.93 0.01 6.38 6.01 5.12
TSM
Taiwan Semiconductor Manufacturing
22.34
6.33%
375.44 19.45 15.92 0.24 4.85 0.22 0.30

Profile*

Monolithic Power Systems Inc

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications. It offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in computers and notebooks, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors, value-added resellers, directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers. It serves China, Taiwan, South Korea, Europe, Japan, Southeast Asia, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.

5808 Lake Washington Boulevard NE, Kirkland, WA, United States, 98033

425 296 9956

3564

Name Title Year Born
Mr. Michael R. Hsing Founder, Chairman, Pres & CEO 1960
Mr. T. Bernie Blegen VP & CFO 1958
Ms. Saria Tseng VP of Strategic Corp. Devel., Gen. Counsel & Corp. Sec. 1971
Mr. Maurice Sciammas Sr. VP of Worldwide Sales & Marketing 1960
Mr. Deming Xiao Pres of Asia Operations 1963
Ms. Meera P. Rao Advisor 1961
Ms. Genevieve Cunningham Supervisor of Marketing Communications NA
Mr. Michael R. Hsing Founder, Chairman, President & CEO 1960
Mr. Theodore Bernie Blegen Executive VP & CFO 1958
Ms. Saria Tseng EVP of Strategic Corporate Development, General Counsel & Corporate Secretary 1971

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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