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 67,848 - -
Change - -27% 82.07% -4.5% 50.44% 56.26% - -
Enterprise Value (EV) 1 22,739 16,384 29,783 28,000 42,164 65,742 64,488 62,804
Change - -27.95% 81.78% -5.99% 50.59% 55.92% -1.91% -2.61%
P/E 97.7x 39.1x 72x 16.2x 71.1x 61.3x 45.8x 38.1x
PBR 18.3x 9.98x 14.8x 9x 11.9x 15.4x 12.3x 9.95x
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 16.4x 12.8x 10.7x
EV / Revenue 18.8x 9.13x 16.4x 12.7x 15.1x 15.9x 12.2x 9.89x
EV / EBITDA 54.2x 22.8x 43.7x 35x 40.7x 40.4x 31.7x 25.3x
EV / EBIT 58.1x 24.1x 46.5x 36.6x 42.9x 42.2x 32x 26.8x
EV / FCF 101x 87.2x 51.3x 43.6x 63.3x 61.1x 41.5x 31x
FCF Yield 0.99% 1.15% 1.95% 2.29% 1.58% 1.64% 2.41% 3.23%
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% 0.56% 0.62% 0.64%
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 1,380.62 1,380.62 1,380.62
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.($)
22.87x11.23x15.22x1.1% 2,014B
5.21x3.36x4.07x0.2% 988B
5.23x2.7x3.26x1.39% 190B
126.44x38.91x116.66x0.21% 105B
46.81x5.05x18.24x0.66% 89.21B
23.07x6.85x15.11x2.29% 63.52B
7.35x4.01x4.94x3.48% 54.13B
46.15x3.15x13.76x0.67% 47.57B
Average 35.39x 9.41x 23.91x 1.25% 443.92B
Weighted average by Cap. 20.76x 8.95x 14.38x 0.88%

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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