Company Valuation: Monolithic Power Systems, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 22,739 16,599 30,222 28,863 43,421 66,206 - -
Change - -27% 82.07% -4.5% 50.44% 52.48% - -
Enterprise Value (EV) 1 22,739 16,384 29,783 28,000 42,164 64,101 62,847 61,163
Change - -27.95% 81.78% -5.99% 50.59% 52.03% -1.96% -2.68%
P/E 97.7x 39.1x 72x 16.2x 71.1x 59.8x 44.7x 37.2x
PBR 18.3x 9.98x 14.8x 9x 11.9x 15.1x 12x 9.71x
PEG - 0.5x -22.47x 0x -1.1x 0.8x 1.3x 1.8x
Capitalization / Revenue 18.8x 9.25x 16.6x 13.1x 15.6x 16.1x 12.5x 10.4x
EV / Revenue 18.8x 9.13x 16.4x 12.7x 15.1x 15.5x 11.9x 9.63x
EV / EBITDA 54.2x 22.8x 43.7x 35x 40.7x 39.4x 30.9x 24.7x
EV / EBIT 58.1x 24.1x 46.5x 36.6x 42.9x 41.2x 31.1x 26.1x
EV / FCF 101x 87.2x 51.3x 43.6x 63.3x 59.6x 40.4x 30.2x
FCF Yield 0.99% 1.15% 1.95% 2.29% 1.58% 1.68% 2.47% 3.31%
Dividend per Share 2 2.4 3 4 5 6.24 7.762 8.546 8.8
Rate of return 0.49% 0.85% 0.63% 0.85% 0.69% 0.58% 0.63% 0.65%
EPS 2 5.05 9.05 8.76 36.59 12.75 22.52 30.12 36.23
Distribution rate 47.5% 33.1% 45.7% 13.7% 48.9% 34.5% 28.4% 24.3%
Net sales 1 1,208 1,794 1,821 2,207 2,790 4,125 5,286 6,349
EBITDA 1 419.8 718 681.3 800.6 1,035 1,628 2,034 2,479
EBIT 1 391.1 680.9 641.1 764.1 982.4 1,557 2,018 2,343
Net income 1 242 437.7 427.4 1,787 615.9 1,112 1,498 1,809
Net Debt 1 - -215.2 -439.2 -862.9 -1,257 -2,106 -3,360 -5,043
Reference price 2 493.33 353.61 630.78 591.70 906.36 1,347.22 1,347.22 1,347.22
Nbr of stocks (in thousands) 46,093 46,942 47,912 48,780 47,907 49,143 - -
Announcement Date 10/2/22 8/2/23 7/2/24 6/2/25 5/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.79x12.95x19.62x0.33% 5,515B
23.01x11.3x15.32x1.09% 2,018B
38.52x16.23x23.84x0.73% 1,676B
14.5x8.9x10.7x0.05% 1,203B
106.29x19.25x73.16x-.--% 999B
5x3.22x3.89x0.2% 956B
-50.23x10.02x27.88x-.--% 632B
232.94x51.14x104.16x-.--% 309B
Average 49.10x 16.63x 34.82x 0.3% 1,663B
Weighted average by Cap. 30.46x 13.27x 23.94x 0.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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