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 56,182 - -
Change - -27% 82.07% -4.5% 50.44% 29.39% - -
Enterprise Value (EV) 1 22,739 16,384 29,783 28,000 42,164 54,076 52,823 51,139
Change - -27.95% 81.78% -5.99% 50.59% 28.25% -2.32% -3.19%
P/E 97.7x 39.1x 72x 16.2x 71.1x 50.8x 38x 31.6x
PBR 18.3x 9.98x 14.8x 9x 11.9x 12.8x 10.2x 8.24x
PEG - 0.5x -22.47x 0x -1.1x 0.7x 1.1x 1.6x
Capitalization / Revenue 18.8x 9.25x 16.6x 13.1x 15.6x 13.6x 10.6x 8.85x
EV / Revenue 18.8x 9.13x 16.4x 12.7x 15.1x 13.1x 9.99x 8.06x
EV / EBITDA 54.2x 22.8x 43.7x 35x 40.7x 33.2x 26x 20.6x
EV / EBIT 58.1x 24.1x 46.5x 36.6x 42.9x 34.7x 26.2x 21.8x
EV / FCF 101x 87.2x 51.3x 43.6x 63.3x 50.3x 34x 25.2x
FCF Yield 0.99% 1.15% 1.95% 2.29% 1.58% 1.99% 2.94% 3.96%
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% 0.68% 0.75% 0.77%
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 1,143.24 1,143.24 1,143.24
Nbr of stocks (in thousands) 46,093 46,942 47,912 48,780 47,907 49,143 - -
Announcement Date 10/02/22 08/02/23 07/02/24 06/02/25 05/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
50.76x13.11x33.22x0.68% 56.18B
21.22x12x18.18x0.36% 5,094B
22.16x10.87x14.73x1.14% 1,941B
37.39x15.77x23.16x0.75% 1,646B
12.7x7.71x9.32x0.06% 1,044B
4.86x3.07x3.71x0.21% 918B
86.32x15.59x59.24x-.--% 805B
-42.11x8.46x23.56x-.--% 511B
190.26x41.47x84.45x-.--% 255B
Average 42.62x 14.23x 29.95x 0.36% 1,363B
Weighted average by Cap. 26.88x 12.00x 20.83x 0.45%

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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