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 64,430 - -
Change - -27% 82.07% -4.5% 50.44% 48.39% - -
Enterprise Value (EV) 1 22,739 16,384 29,783 28,000 42,164 62,325 61,071 59,387
Change - -27.95% 81.78% -5.99% 50.59% 47.81% -2.01% -2.76%
P/E 97.7x 39.1x 72x 16.2x 71.1x 58.1x 43.9x 36.8x
PBR 18.3x 9.98x 14.8x 9x 11.9x 14.7x 11.7x 9.45x
PEG - 0.5x -22.47x 0x -1.1x 0.8x 1.4x 1.9x
Capitalization / Revenue 18.8x 9.25x 16.6x 13.1x 15.6x 15.6x 12.2x 10.2x
EV / Revenue 18.8x 9.13x 16.4x 12.7x 15.1x 15.1x 11.6x 9.36x
EV / EBITDA 54.2x 22.8x 43.7x 35x 40.7x 38.1x 30.3x 24.2x
EV / EBIT 58.1x 24.1x 46.5x 36.6x 42.9x 40x 30.3x 25.7x
EV / FCF 101x 87.2x 51.3x 43.6x 63.3x 57.9x 39.3x 29.3x
FCF Yield 0.99% 1.15% 1.95% 2.29% 1.58% 1.73% 2.55% 3.41%
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% 0.59% 0.65% 0.67%
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 4,123 5,282 6,345
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 1,557 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 1,311.08 1,311.08 1,311.08
Nbr of stocks (in thousands) 46,093 46,942 47,912 48,780 47,907 49,143 - -
Announcement Date 2/10/22 2/8/23 2/7/24 2/6/25 2/5/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.2x12.36x18.26x0.36% 5,078B
22.49x11.03x14.95x1.12% 1,965B
39.49x16.19x23.82x0.74% 1,692B
12.93x7.84x9.48x0.06% 1,060B
4.83x3.01x3.62x0.22% 887B
83.94x15.2x57.16x-.--% 785B
-38.25x7.72x21.47x-.--% 464B
199.77x43.59x88.88x-.--% 268B
30.78x11.18x20.7x2.19% 239B
Average 42.02x 14.24x 28.70x 0.52% 1,382B
Weighted average by Cap. 28.20x 12.28x 20.84x 0.49%

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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