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 62,789 - -
Change - -27% 82.07% -4.5% 50.44% 44.61% - -
Enterprise Value (EV) 1 22,739 16,384 29,783 28,000 42,164 60,683 59,429 57,746
Change - -27.95% 81.78% -5.99% 50.59% 43.92% -2.07% -2.83%
P/E 97.7x 39.1x 72x 16.2x 71.1x 56.7x 42.4x 35.3x
PBR 18.3x 9.98x 14.8x 9x 11.9x 14.3x 11.4x 9.21x
PEG - 0.5x -22.47x 0x -1.1x 0.7x 1.3x 1.7x
Capitalization / Revenue 18.8x 9.25x 16.6x 13.1x 15.6x 15.2x 11.9x 9.89x
EV / Revenue 18.8x 9.13x 16.4x 12.7x 15.1x 14.7x 11.2x 9.1x
EV / EBITDA 54.2x 22.8x 43.7x 35x 40.7x 37.3x 29.2x 23.3x
EV / EBIT 58.1x 24.1x 46.5x 36.6x 42.9x 39x 29.4x 24.6x
EV / FCF 101x 87.2x 51.3x 43.6x 63.3x 56.4x 38.2x 28.5x
FCF Yield 0.99% 1.15% 1.95% 2.29% 1.58% 1.77% 2.62% 3.51%
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% 0.61% 0.67% 0.69%
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 1,277.68 1,277.68 1,277.68
Nbr of stocks (in thousands) 46,093 46,942 47,912 48,780 47,907 49,143 - -
Announcement Date 10/2/22 8/2/23 7/2/24 6/2/25 5/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
54.07x14x35.47x0.64% 59.85B
22.3x12.66x19.18x0.34% 5,367B
22.87x11.23x15.22x1.1% 2,004B
38.79x16.35x24.01x0.73% 1,707B
13.94x8.5x10.26x0.05% 1,147B
5.28x3.4x4.11x0.2% 974B
97.93x17.72x67.33x-.--% 914B
-47.05x9.41x26.18x-.--% 571B
218.61x47.95x97.67x-.--% 294B
Average 47.42x 15.69x 33.27x 0.34% 1,449B
Weighted average by Cap. 29.38x 12.88x 22.82x 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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-40%: Exceptional extension
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