Monolithic Power Systems, Inc. MPWR
Semiconductors · IPO 2004 · data as of November 13, 2026
Monolithic Power Systems, Inc. (MPWR) is a technology company listed in the US with a market value of about $67.8B. In the twelve months to September 30, 2026 it had revenue of $3.7B and net income of $893M, a net margin of 23.9%.
Its overall Stock Analiz score is 3.4 out of 5 (good). The strongest part is track record (5/5); the weakest is value (0/5).
Key numbers: a P/E of 76.7, a price to free cash flow of 111.3, 5-year revenue growth of 27% a year, a 5-year average ROIC of 19%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 14% below the current price.
Score: 3.4 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Profit margin improving
- Share count down over 3 years (buybacks)
- Stock-based pay below 5% of revenue
Valuation
Growth and quality
Financials, last 9 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7B | $2.8B | $2.2B | $1.8B | $1.8B | $1.2B | $844M | $628M | $582M | $471M |
| Net income | $893M | $621M | $1.6B | $427M | $438M | $242M | $164M | $109M | $105M | $65M |
| Free cash flow | $609M | $666M | $642M | $581M | $188M | $226M | $212M | $120M | $119M | $68M |
| EPS (diluted) | $18.14 | $12.86 | $32.60 | $8.76 | $9.05 | $5.05 | $3.50 | $2.38 | $2.36 | $1.50 |
| Net margin | 23.9% | 22.3% | 72.1% | 23.5% | 24.4% | 20.0% | 19.5% | 17.3% | 18.1% | 13.9% |
| ROIC | — | 16.6% | 14.4% | 19.8% | 26.3% | 18.8% | 16.0% | 12.8% | 15.8% | 11.7% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 14 analysts is $1820.64, 31% above the current price; targets range from $1500.00 to $2100.00; the consensus rating is “Strong buy”; expected EPS is $29.24 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Monolithic Power Systems’s P/E ratio?
About 76.7, based on the last twelve months of diluted earnings per share (forward P/E about 32.7).
Is Monolithic Power Systems stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 14% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Monolithic Power Systems pay a dividend?
Yes. The dividend yield is about 0.54%, and it has paid dividends for 9 years in our data.
Is Monolithic Power Systems a good stock to buy?
We do not give buy or sell advice. Monolithic Power Systems scores 3.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.