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 61,736 - -
Change - -27% 82.07% -4.5% 50.44% 42.18% - -
Enterprise Value (EV) 1 22,739 16,384 29,783 28,000 42,164 59,631 58,377 56,693
Change - -27.95% 81.78% -5.99% 50.59% 41.42% -2.1% -2.88%
P/E 97.7x 39.1x 72x 16.2x 71.1x 55.7x 42x 35.3x
PBR 18.3x 9.98x 14.8x 9x 11.9x 14x 11.2x 9.05x
PEG - 0.5x -22.47x 0x -1.1x 0.7x 1.3x 1.8x
Capitalization / Revenue 18.8x 9.25x 16.6x 13.1x 15.6x 15x 11.7x 9.73x
EV / Revenue 18.8x 9.13x 16.4x 12.7x 15.1x 14.5x 11.1x 8.93x
EV / EBITDA 54.2x 22.8x 43.7x 35x 40.7x 36.4x 29x 23.1x
EV / EBIT 58.1x 24.1x 46.5x 36.6x 42.9x 38.3x 29x 24.5x
EV / FCF 101x 87.2x 51.3x 43.6x 63.3x 55.4x 37.5x 28x
FCF Yield 0.99% 1.15% 1.95% 2.29% 1.58% 1.8% 2.66% 3.57%
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% 0.62% 0.68% 0.7%
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 1,256.26 1,256.26 1,256.26
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.($)
22.82x13.05x19.65x0.33% 5,505B
22.45x11.01x14.92x1.12% 1,972B
41.24x16.9x24.87x0.7% 1,768B
12.88x7.81x9.44x0.06% 1,056B
4.95x3.09x3.72x0.21% 913B
83.2x15.07x56.64x-.--% 778B
-39.92x8.04x22.36x-.--% 484B
203.07x44.33x90.38x-.--% 273B
31.34x11.37x21.06x2.15% 243B
Average 42.45x 14.52x 29.23x 0.51% 1,444B
Weighted average by Cap. 28.43x 12.70x 21.52x 0.47%

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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