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 60,144 - -
Change - -27% 82.07% -4.5% 50.44% 38.51% - -
Enterprise Value (EV) 1 22,739 16,384 29,783 28,000 42,164 58,038 56,784 55,101
Change - -27.95% 81.78% -5.99% 50.59% 37.65% -2.16% -2.97%
P/E 97.7x 39.1x 72x 16.2x 71.1x 54.3x 40.6x 33.8x
PBR 18.3x 9.98x 14.8x 9x 11.9x 13.7x 10.9x 8.82x
PEG - 0.5x -22.47x 0x -1.1x 0.7x 1.2x 1.7x
Capitalization / Revenue 18.8x 9.25x 16.6x 13.1x 15.6x 14.6x 11.4x 9.47x
EV / Revenue 18.8x 9.13x 16.4x 12.7x 15.1x 14.1x 10.7x 8.68x
EV / EBITDA 54.2x 22.8x 43.7x 35x 40.7x 35.6x 27.9x 22.2x
EV / EBIT 58.1x 24.1x 46.5x 36.6x 42.9x 37.3x 28.1x 23.5x
EV / FCF 101x 87.2x 51.3x 43.6x 63.3x 53.9x 36.5x 27.2x
FCF Yield 0.99% 1.15% 1.95% 2.29% 1.58% 1.85% 2.74% 3.68%
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% 0.63% 0.7% 0.72%
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 1,223.86 1,223.86 1,223.86
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.02x13.15x19.9x0.33% 5,563B
22.45x11.01x14.92x1.12% 1,975B
38.82x16.3x23.86x0.73% 1,703B
13.19x8.01x9.67x0.06% 1,148B
4.72x2.94x3.55x0.23% 891B
83.35x15.1x56.75x-.--% 780B
-41.53x8.35x23.23x-.--% 503B
201.33x43.75x89.24x-.--% 269B
Average 43.17x 14.83x 30.14x 0.31% 1,604B
Weighted average by Cap. 27.75x 12.64x 21.43x 0.43%

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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