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 68,899 - -
Change - -27% 82.07% -4.5% 50.44% 58.68% - -
Enterprise Value (EV) 1 22,739 16,384 29,783 28,000 42,164 66,793 65,539 63,856
Change - -27.95% 81.78% -5.99% 50.59% 58.41% -1.88% -2.57%
P/E 97.7x 39.1x 72x 16.2x 71.1x 62.1x 46.9x 39.3x
PBR 18.3x 9.98x 14.8x 9x 11.9x 15.7x 12.5x 10.1x
PEG - 0.5x -22.47x 0x -1.1x 0.8x 1.4x 2x
Capitalization / Revenue 18.8x 9.25x 16.6x 13.1x 15.6x 16.7x 13.3x 11.5x
EV / Revenue 18.8x 9.13x 16.4x 12.7x 15.1x 16.2x 12.7x 10.6x
EV / EBITDA 54.2x 22.8x 43.7x 35x 40.7x 40.8x 32.6x 26x
EV / EBIT 58.1x 24.1x 46.5x 36.6x 42.9x 43x 32.5x 27.6x
EV / FCF 101x 87.2x 51.3x 43.6x 63.3x 61.1x 43.1x 35.1x
FCF Yield 0.99% 1.15% 1.95% 2.29% 1.58% 1.64% 2.32% 2.85%
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% 0.55% 0.61% 0.63%
EPS 2 5.05 9.05 8.76 36.59 12.75 22.56 29.9 35.63
Distribution rate 47.5% 33.1% 45.7% 13.7% 48.9% 34.4% 28.6% 24.7%
Net sales 1 1,208 1,794 1,821 2,207 2,790 4,116 5,178 5,996
EBITDA 1 419.8 718 681.3 800.6 1,035 1,637 2,013 2,452
EBIT 1 391.1 680.9 641.1 764.1 982.4 1,554 2,014 2,310
Net income 1 242 437.7 427.4 1,787 615.9 1,114 1,488 1,773
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 1,402.01 1,402.01 1,402.01
Nbr of stocks (in thousands) 46,093 46,942 47,912 48,780 47,907 49,143 - -
Announcement Date 2/10/22 A 2/8/23 A 2/7/24 A 2/6/25 A 2/5/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.86x13.45x19.92x0.34% 5,457B
46.4x18.98x27.94x0.63% 1,988B
22.74x11.14x15.09x1.11% 1,966B
13.08x7.94x9.6x0.06% 1,073B
4.53x2.8x3.37x0.24% 819B
84.46x15.28x57.41x-.--% 789B
-45.32x9.08x25.26x-.--% 549B
220.82x48.5x98.82x-.--% 298B
32.17x11.67x21.64x2.1% 250B
Average 44.75x 15.43x 31.00x 0.5% 1,465B
Weighted average by Cap. 30.36x 13.51x 22.82x 0.46%

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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