Monolithic Power Systems, Inc. (MPWR) Report Analysis
Corporate Events
Monolithic Power Systems, Inc.(NasdaqGS:MPWR) dropped from Russell 2500 Index
2022-06-24 00:00:00
Monolithic Power Systems, Inc.(NasdaqGS:MPWR) dropped from Russell 2500 Index
Monolithic Power Systems, Inc.(NasdaqGS:MPWR) dropped from Russell 2500 Growth Index
2022-06-24 00:00:00
Monolithic Power Systems, Inc.(NasdaqGS:MPWR) dropped from Russell 2500 Growth Index
Monolithic Power Systems Announces Second Quarter Dividend, to Paid on July 15, 2022
2022-06-16 20:01:00
Monolithic Power Systems, Inc. announced its second quarter dividend of $0.75 per common share to all stockholders of record as of the close of business on June 30, 2022. The dividend will be paid on July 15, 2022.
Monolithic Power Systems, Inc., $ 0.75, Cash Dividend, Jun-29-2022
2022-06-16 00:00:00
Monolithic Power Systems, Inc., $ 0.75, Cash Dividend, Jun-29-2022
Monolithic Power Systems, Inc., Xilinx, Inc. - Special Call
2022-06-07 00:00:00
Cost-Optimized FPGAs and Adaptive SoCs for Low Power Designs
Monolithic Power Systems, Inc. Launches MPSafe Portfolio of Safety-Oriented Automotive-Qualified Products
2022-05-25 13:00:00
Monolithic Power Systems, Inc. (MPS) announced the launch of its automotive MPSafe™ portfolio of safety-oriented automotive-qualified products developed in accordance with the ISO26262 Functional Safety Product Development Process. The ISO26262 international standard has become a core requirement to address the risks of failure in electrical and electronic systems as the automotive industry pursues increasingly autonomous, connected, and electrified cars. The MPSafe™ product development process ensures that applicable automotive products are able to help customers meet various Automotive Safety Integrity Level, or ASIL, requirements. The ISO26262 standard identifies four ASIL ratings, ranging from A to D. ASIL A represents the lowest degree of automotive hazard (ex. for brake lights), while ASIL D represents the highest degree of automotive hazard (ex. for autonomous drive compute). As electronic systems in vehicles become more sophisticated and critically or solely relied on to provide oversight and control, it is necessary that they are developed with the highest degree of rigor. MPS’s new line of MPSafe™ automotive-grade products has been developed using a process that follows the guidelines stipulated by the ISO26262 standard and is suitable for up to ASIL D. Thanks in part to close collaboration with many of the leading luminaries in the automotive industry, MPS will offer a comprehensive suite of MPSafe™ products offering incredible power, sophisticated oversight, and precision system control. Examples of solutions now sampling include the MPQ79500FS MPSafe™ 6-Channel Voltage Monitor, MPQ79700FS MPSafe™ 12-Channel System Sequencer, and MPQ70240FS MPSafe™ Multi-Channel Camera PMIC. MPSafe™ products are engineered with a system-oriented approach to consider not only how a device itself may handle various safety cases, but how the system can be better engineered to achieve its safety goals. The result for customers: better safety coverage, more thorough documentation, pre-approved third-party safety analysis, and a cost- and schedule-optimized solution.
Monolithic Power Systems, Inc., Annual General Meeting, Jun 16, 2022
2022-05-02 20:06:00
Monolithic Power Systems, Inc., Annual General Meeting, Jun 16, 2022, at 10:00 Pacific Daylight. Agenda: To elect three Class III directors to serve for three-year terms until annual meeting of stockholders in 2025, or until their respective successors are duly elected and qualified. The nominees for election to the Board of Directors are Michael Hsing, Herbert Chang and Carintia Martinez; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2022; to hold an advisory vote to approve the compensation of named executive officers; and to transact such other business as may properly come before the meeting or any adjournment thereof.
Monolithic Power Systems, Inc. - Shareholder/Analyst Call
2022-05-02 20:06:00
Annual Meeting of Stockholders
Monolithic Power Systems, Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2022
2022-05-02 20:02:00
Monolithic Power Systems, Inc. provided earnings guidance for the second quarter ending June 30, 2022. The company expects revenue in the range of $420.0 million to $440.0 million.
Monolithic Power Systems, Inc. Approves Amended and Restated Bylaws
2022-04-28 10:26:00
On April 26, 2022, the Board of Directors of Monolithic Power Systems, Inc. approved the Amended and Restated Bylaws (the Amended Bylaws"), which became effective immediately. The Amended Bylaws, among otherthings: i) Add proxy access provisions that permit a stockholder, or a group of up to 20 stockholders, owning 3% or more of the Company's outstanding common stock continuously for at least three years to nominate one director and include such nomination in the Company's proxy materials, provided that the stockholder(s) and the nominee satisfy the requirements specified in the Amended Bylaws; (ii) Update the indemnification provisions for relevant changes in line with current market practices; (iii) Incorporate additional disclosure requirements with respect to any director-nominee and the nominating stockholder in contested elections; (iv) Adopt other changes to conform with updates to the Delaware General Corporation Law; and (v) Eliminate certain provisions that are no longer applicable to the Company.
Monolithic Power Systems, Inc., Q1 2022 Earnings Call, May 02, 2022
2022-04-14 20:01:00
Monolithic Power Systems, Inc., Q1 2022 Earnings Call, May 02, 2022
Monolithic Power Systems, Inc. to Report Q1, 2022 Results on May 02, 2022
2022-04-14 20:01:00
Monolithic Power Systems, Inc. announced that they will report Q1, 2022 results After-Market on May 02, 2022
Monolithic Power Systems, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2022
2022-02-10 21:01:00
Monolithic Power Systems, Inc. provided earnings guidance for the first quarter ending March 31, 2022. For the quarter, the company expected revenue in the range of $354.0 million to $366.0 million.
Monolithic Power Systems, Inc. Approves First Quarter Quarterly Cash Dividend, Payable on April 15, 2022
2022-02-10 21:01:00
Monolithic Power Systems, Inc. Board of Directors has approved an increase in the quarterly cash dividend from $0.60 per share to $0.75 per share. The first quarter dividend of $0.75 per share will be paid on April 15, 2022 to all stockholders of record as of the close of business on March 31, 2022.
Monolithic Power Systems, Inc., $ 0.75, Cash Dividend, Mar-30-2022
2022-02-10 00:00:00
Monolithic Power Systems, Inc., $ 0.75, Cash Dividend, Mar-30-2022
Monolithic Power Systems, Inc., Q4 2021 Earnings Call, Feb 10, 2022
2022-01-18 14:04:00
Monolithic Power Systems, Inc., Q4 2021 Earnings Call, Feb 10, 2022
Monolithic Power Systems, Inc. to Report Q4, 2021 Results on Feb 10, 2022
2022-01-18 14:04:00
Monolithic Power Systems, Inc. announced that they will report Q4, 2021 results After-Market on Feb 10, 2022
Monolithic Power Systems, Inc. Announces Fourth Quarter Dividend, Payable on January 14, 2022
2021-12-15 21:01:00
Monolithic Power Systems, Inc. announced its fourth quarter dividend of $0.60 per common share to all stockholders of record as of the close of businesson December 31, 2021. The dividend will be paid on January 14, 2022.
Monolithic Power Systems, Inc., $ 0.60, Cash Dividend, Dec-30-2021
2021-12-15 00:00:00
Monolithic Power Systems, Inc., $ 0.60, Cash Dividend, Dec-30-2021
Monolithic Power Systems, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2021
2021-10-28 20:06:00
Monolithic Power Systems, Inc. provided earnings guidance for the fourth quarter ending December 31, 2021. For the quarter, revenue is expected to be in the range of $314.0 million to $326.0 million. Interest income to be in the range of $1.0 million to $1.4 million.
Monolithic Power Systems, Inc., Q3 2021 Earnings Call, Oct 28, 2021
2021-10-15 20:18:00
Monolithic Power Systems, Inc., Q3 2021 Earnings Call, Oct 28, 2021
Monolithic Power Systems, Inc. to Report Q3, 2021 Results on Oct 28, 2021
2021-10-15 20:18:00
Monolithic Power Systems, Inc. announced that they will report Q3, 2021 results After-Market on Oct 28, 2021
Monolithic Power Systems, Inc. Declares Third Quarter Dividend, Payable on October 15, 2021
2021-09-15 20:01:00
Monolithic Power Systems, Inc. announced its third quarter dividend of $0.60 per common share to all stockholders of record as of the close of business on September 30, 2021. The dividend will be paid on October 15, 2021.
Monolithic Power Systems, Inc., $ 0.60, Cash Dividend, Sep-29-2021
2021-09-15 00:00:00
Monolithic Power Systems, Inc., $ 0.60, Cash Dividend, Sep-29-2021
Monolithic Power Systems, Inc. Provides Revenue Guidance for the Third Quarter of 2021
2021-07-27 21:00:00
Monolithic Power Systems, Inc. provided revenue guidance for the third quarter of 2021. The company is forecasting third quarter revenue in the range of $309 million to $321 million.
Monolithic Power Systems, Inc. to Report Q2, 2021 Results on Jul 27, 2021
2021-07-14 20:42:00
Monolithic Power Systems, Inc. announced that they will report Q2, 2021 results After-Market on Jul 27, 2021
Monolithic Power Systems, Inc., Q2 2021 Earnings Call, Jul 27, 2021
2021-07-14 20:42:00
Monolithic Power Systems, Inc., Q2 2021 Earnings Call, Jul 27, 2021
Fundamental Summary
According to their recent financial report, which was published on 2022-05-10, Monolithic Power Systems had several impressive financial metrics that should make them more attractive than their peers going forward. Their income and value factors performance indicate that company management is focused on the right targets and executing well. We expect that this positive performance will continue in the coming months, and anticipate that Monolithic Power Systems will maintain good momentum even in a challenging environment. Therefore, they earned a total score of 83 out of 100 and a BUY recommendation.
Monolithic Power Systems reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 377.71 million compared to USD 254.46 million a year ago. Net income was USD 79.57 million compared to USD 45.41 million a year ago. Basic earnings per share from continuing operations was USD 1.71 compared to USD 1 a year ago. Diluted earnings per share from continuing operations was USD 1.65 compared to USD 0.95 a year ago.
Business Description
Monolithic Power Systems engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers and notebooks, monitors, infotainment applications, and medical equipment. It also offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors and value-added resellers, as well as directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers in China, Taiwan, Europe, South Korea, Southeast Asia, Japan, the United States, and internationally. Monolithic Power Systems was incorporated in 1997 and is headquartered in Kirkland, Washington.
Sector Overview
Monolithic Power Systems is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Monolithic Power Systems's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | 23.5 | 7.4% | 83 | |
| Net Cashflow | 42.2 | 129.0% | 84 | |
| Capital Expenditure | -102.3 | -8.4% | 59 | |
| Asset Turnover | 0.9 | 1.9% | 74 | |
| Free Cashflow | 5.4 | 9.4% | 78 |
* All values are TTM
The below chart reflects Monolithic Power Systems's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Monolithic Power Systems's peer average final assessment score stands on 70.0, Monolithic Power Systems's score is 83.
- MPWR
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Monolithic Power Systems's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Monolithic Power Systems's stock appears overbought. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 37.
5D MA
406.7
50D MA
422.58
200D MA
462.18
MACD
-7.1
RSI
91.72
STOCH
14.14
Balance Sheet Analysis
Cash & Equivalents and Liabilities stood out as the most significant drivers of Monolithic Power Systems's balance sheet strength. Monolithic Power Systems's management was effective in improving its cash and cash equivalents metrics, which now sit at 260.6. This represents 37.7% change from the last reporting period. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. The company's cash and cash equivalents movement, therefore, received a grade of 92. Also, Monolithic Power Systems is doing a good job of keeping its liabilities under control and growing intelligently. At filing, their liabilities were 387.9, representing 13.5% change from the previous period. This performance is all interesting relative to their peers and suggests that their stock price has room to grow to reflect a higher intrinsic value. These results statistically lead to positive movement in stock prices, so we rated its liabilities movement component 85. That said, one metric, Assets, stood out as strongly negative. Monolithic Power Systems assets metrics were reported as 1714.0, representing a 8.1% change from the last filing. Monolithic Power Systems's unremarkable asset growth results, specifically compared to their industry peers' performance, should present negative pressure on Monolithic Power Systems's stock price. Its asset component, therefore, received a grade of 64. Therefore, it received a score of 84.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 1,714.0 | 8.1% | 64 |
| Liabilities | 387.9 | 13.5% | 85 |
| Price to Book | 14.0 | -23.6% | 80 |
| Cash & Equivalents | 260.6 | 37.7% | 92 |
| Equity | 1,326.1 | 6.6% | 76 |
The below chart describes Monolithic Power Systems's performance as reflected on its balance sheet with respect to its peers. While Monolithic Power Systems received a balance sheet score of 84, the average of its peers stands on 72.0.
- MPWR
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 78 | 70 | 65 | 97 | 54 | 71 | 0 | 1 |
| Intel Corporation | 154.5B | 65 | 69 | 76 | 90 | 81 | 77 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 57 | 71 | 96 | 80 | 80 | 82 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 63 | 69 | 87 | 46 | 84 | 76 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 61 | 78 | 96 | 80 | 88 | 4 | 1 |
| Broadcom Inc. | 102.5B | 67 | 79 | 58 | 56 | 55 | 62 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 71 | 72 | 63 | 41 | 55 | 60 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 62 | 80 | 66 | 66 | 66 | 69 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 73 | 69 | 85 | 76 | 74 | 81 | 8 | 1 |
| Lam Research Corporation | 60.8B | 72 | 77 | 58 | 51 | 45 | 60 | 9 | 1 |
| KLA Corporation | 49.3B | 75 | 62 | 73 | 53 | 66 | 66 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 71 | 68 | 56 | 62 | 76 | 64 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 71 | 84 | 50 | 46 | 51 | 60 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 65 | 84 | 76 | 72 | 66 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 81 | 65 | 74 | 82 | 74 | 78 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 74 | 68 | 77 | 89 | 82 | 81 | 15 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 77 | 63 | 46 | 52 | 62 | 16 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 77 | 62 | 78 | 96 | 85 | 81 | 17 | 1 |
| Teradyne, Inc. | 15.3B | 49 | 81 | 62 | 45 | 47 | 52 | 18 | 1 |
| Entegris, Inc. | 14.1B | 62 | 70 | 75 | 55 | 78 | 70 | 19 | 1 |
| Qorvo, Inc. | 10.2B | 64 | 83 | 64 | 67 | 55 | 67 | 20 | 1 |
| First Solar, Inc. | 7.2B | 76 | 70 | 50 | 58 | 58 | 59 | 21 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 53 | 79 | 78 | 60 | 64 | 68 | 22 | 1 |
| MKS Instruments, Inc. | 5.8B | 60 | 73 | 73 | 76 | 72 | 70 | 23 | 1 |
| Silicon Laboratories Inc. | 5.3B | 89 | 81 | 59 | 45 | 48 | 72 | 24 | 1 |
| Universal Display Corporation | 5.2B | 57 | 76 | 83 | 85 | 69 | 75 | 25 | 1 |
| CMC Materials, Inc. | 5.1B | 65 | 78 | 73 | 87 | 82 | 81 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 58 | 65 | 27 | 1 |
| Synaptics Incorporated | 4.9B | 71 | 71 | 79 | 92 | 76 | 81 | 28 | 1 |
| Power Integrations, Inc. | 4.4B | 56 | 82 | 58 | 79 | 53 | 61 | 29 | 1 |
| Amkor Technology, Inc. | 4.2B | 70 | 68 | 75 | 74 | 77 | 75 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 73 | 86 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 69 | 74 | 81 | 76 | 74 | 32 | 1 |
| Semtech Corporation | 3.5B | 58 | 79 | 68 | 67 | 64 | 67 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 65 | 75 | 74 | 38 | 74 | 70 | 34 | 1 |
| FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 84 | 35 | 1 |
| Diodes Incorporated | 3.0B | 47 | 78 | 71 | 51 | 71 | 62 | 36 | 1 |
| SunPower Corporation | 3.0B | 72 | 81 | 42 | 83 | 54 | 61 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 40 | 85 | 60 | 40 | 48 | 54 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 74 | 76 | 39 | 1 |
| Nova Ltd. | 2.7B | 86 | 45 | 75 | 48 | 82 | 61 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 46 | 75 | 74 | 86 | 65 | 64 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 46 | 83 | 60 | 76 | 56 | 58 | 42 | 1 |
| Rambus Inc. | 2.4B | 43 | 83 | 41 | 95 | 54 | 48 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 91 | 54 | 59 | 62 | 62 | 59 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 84 | 71 | 73 | 81 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 78 | 79 | 86 | 88 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 78 | 55 | 91 | 85 | 95 | 77 | 47 | 1 |
| Impinj, Inc. | 1.4B | 63 | 68 | 79 | 39 | 92 | 72 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 56 | 78 | 69 | 48 | 67 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 53 | 82 | 57 | 59 | 58 | 58 | 50 | 1 |
| Photronics, Inc. | 1.2B | 53 | 85 | 66 | 76 | 66 | 69 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 89 | 63 | 75 | 95 | 82 | 86 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 84 | 71 | 41 | 78 | 47 | 58 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 89 | 63 | 68 | 87 | 67 | 77 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 54 | 81 | 63 | 90 | 51 | 63 | 55 | 1 |
| CEVA, Inc. | 778.5M | 81 | 74 | 60 | 87 | 60 | 73 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 59 | 76 | 66 | 38 | 63 | 60 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 68 | 40 | 78 | 38 | 53 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 60 | 39 | 97 | 56 | 58 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 96 | 63 | 59 | 97 | 55 | 74 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 91 | 62 | 81 | 95 | 93 | 93 | 61 | 1 |
| SiTime Corporation | 3.6B | 57 | 67 | 66 | 73 | 64 | 59 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 83 | 70 | 67 | 72 | 73 | 78 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 86 | 62 | 77 | 94 | 94 | 89 | 64 | 1 |
| Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 87 | 57 | 51 | 43 | 50 | 52 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 48 | 54 | 72 | 56 | 55 | 44 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 56 | 78 | 79 | 72 | 72 | 74 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 37 | 80 | 80 | 62 | 79 | 67 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 93 | 62 | 85 | 99 | 98 | 98 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 51 | 78 | 42 | 41 | 51 | 42 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 65 | 78 | 79 | 85 | 52 | 65 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 92 | 70 | 66 | 45 | 72 | 75 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 49 | 82 | 40 | 37 | 52 | 42 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 71 | 66 | 72 | 64 | 86 | 75 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 41 | 86 | 39 | 47 | 54 | 45 | 80 | 1 |
Income Statement Analysis
Overall, Monolithic Power Systems's critical income statement metrics appear to strongly support positive growth going forward. Monolithic Power Systems's management did a remarkable job this period managing its EBITDA. In terms of the raw numbers, EBITDA was reported as 354.5, which represents a 18.0% change from the last period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. The company's EBITDA movement, therefore, received a grade of 90. Also, Return factors metrics and ratios were exceptional in this report. Monolithic Power Systems reported a return on equity (ROE) ratio of 23.5, representing a change of 7.4% from the last report. Its return factor metrics are even more remarkable when compared to their peers. Consequently, their return factors received a grade of 83. That said, one metric, Revenue Efficiency, stood out as particularly concerning. Monolithic Power Systems reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 1331.1 and represented 10.2% change from the previous period. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency does not make a compelling case for upward pressure on the company's stock price. As a result, their revenue efficiency earned a score of 45. Therefore, their income statement earned a grade of 66.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 354.5 | 18.0% | 90 |
| Total Revenues | 1,331.1 | 10.2% | 45 |
| Return on Equity | 23.5 | 7.4% | 83 |
The below chart describes Monolithic Power Systems's performance as reflected on its income statement with respect to its peers. While Monolithic Power Systems received a income statement score of 66 , the average of its peers stands on 66.0.
- MPWR
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 46 | 83 | 67 | 63 | 0 | 1 |
| Intel Corporation | 154.5B | 90 | 55 | 74 | 76 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 48 | 87 | 78 | 66 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 69 | 78 | 70 | 74 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 40 | 89 | 38 | 59 | 4 | 1 |
| Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 72 | 68 | 73 | 72 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 40 | 91 | 92 | 65 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 59 | 87 | 90 | 74 | 8 | 1 |
| Lam Research Corporation | 60.8B | 80 | 64 | 75 | 74 | 9 | 1 |
| KLA Corporation | 49.3B | 56 | 77 | 76 | 67 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 79 | 90 | 71 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 41 | 89 | 87 | 64 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 57 | 83 | 92 | 71 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 50 | 92 | 86 | 70 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 53 | 92 | 94 | 73 | 15 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 71 | 63 | 70 | 16 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 41 | 70 | 48 | 53 | 17 | 1 |
| Teradyne, Inc. | 15.3B | 88 | 57 | 62 | 75 | 18 | 1 |
| Entegris, Inc. | 14.1B | 56 | 80 | 80 | 69 | 19 | 1 |
| Qorvo, Inc. | 10.2B | 76 | 65 | 63 | 72 | 20 | 1 |
| First Solar, Inc. | 7.2B | 98 | 43 | 40 | 73 | 21 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 54 | 88 | 89 | 71 | 22 | 1 |
| MKS Instruments, Inc. | 5.8B | 78 | 67 | 65 | 74 | 23 | 1 |
| Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 24 | 1 |
| Universal Display Corporation | 5.2B | 71 | 64 | 61 | 68 | 25 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 75 | 93 | 76 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 27 | 1 |
| Synaptics Incorporated | 4.9B | 45 | 91 | 90 | 68 | 28 | 1 |
| Power Integrations, Inc. | 4.4B | 80 | 76 | 82 | 80 | 29 | 1 |
| Amkor Technology, Inc. | 4.2B | 63 | 76 | 77 | 70 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 48 | 69 | 61 | 32 | 1 |
| Semtech Corporation | 3.5B | 64 | 84 | 87 | 75 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 74 | 77 | 72 | 76 | 34 | 1 |
| FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 35 | 1 |
| Diodes Incorporated | 3.0B | 66 | 83 | 86 | 76 | 36 | 1 |
| SunPower Corporation | 3.0B | 49 | 43 | 74 | 49 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 54 | 83 | 78 | 72 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 39 | 1 |
| Nova Ltd. | 2.7B | 41 | 89 | 78 | 69 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 56 | 89 | 79 | 72 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 73 | 82 | 85 | 79 | 42 | 1 |
| Rambus Inc. | 2.4B | 48 | 86 | 60 | 64 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 73 | 76 | 53 | 72 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 61 | 60 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 53 | 84 | 66 | 70 | 47 | 1 |
| Impinj, Inc. | 1.4B | 64 | 53 | 51 | 59 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 53 | 49 | 75 | 50 | 1 |
| Photronics, Inc. | 1.2B | 55 | 86 | 92 | 71 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 87 | 66 | 65 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 66 | 84 | 91 | 76 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 62 | 75 | 76 | 69 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 49 | 95 | 88 | 71 | 55 | 1 |
| CEVA, Inc. | 778.5M | 51 | 90 | 97 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 72 | 60 | 54 | 67 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 50 | 49 | 60 | 49 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 45 | 74 | 55 | 57 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 49 | 90 | 86 | 69 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 37 | 95 | 94 | 65 | 61 | 1 |
| SiTime Corporation | 3.6B | 40 | 93 | 78 | 64 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 47 | 87 | 89 | 67 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 38 | 89 | 82 | 62 | 64 | 1 |
| Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 88 | 43 | 42 | 67 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 45 | 95 | 90 | 69 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 37 | 46 | 71 | 43 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 94 | 80 | 88 | 90 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 56 | 44 | 74 | 53 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 92 | 43 | 69 | 72 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 37 | 45 | 72 | 43 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 89 | 47 | 50 | 74 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 41 | 86 | 65 | 65 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 97 | 50 | 85 | 79 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 54 | 86 | 87 | 71 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 37 | 81 | 97 | 68 | 80 | 1 |
Cash Flow Analysis
Net Cash Flow and Free Cash flow stand out as the most significant drivers of Monolithic Power Systems's cash flow's strength. Monolithic Power Systems's strong net cash flow numbers, which were 42.2 in this filing, showed a 129.0% change from the last period. The company is headed in the right direction regarding business priorities, exhibiting prudent net cash flow management and growth. The company's net cash flow, therefore, received a grade of 84. Also, Monolithic Power Systems did a great job related to free cash flow this period, which stood at 5.4, representing a 9.4% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 7.4%. These free cash flow numbers show that management has executed well while generating cash flow and encouraging growth. Consequently, their free cash flow movement received a grade of 78. At the same time, one critical cash flow metric, Capital Expenditure, was notably weak. Monolithic Power Systems's published capital expenditures (CapEx) numbers were discouraging and reflected management's unbalanced growth strategy. Monolithic Power Systems recorded CapEx of -102.3, which represents a -8.4% change from the previous report. This performance is all the more uninspiring relative to their peers and competitors. Its CapEx movement, therefore, received a grade of 59. Because the company's management is doing an excellent job managing these critical metrics, the cash flow was given a score of 77.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | 42.2 | 129.0% | 84 |
| Capital Expenditure | -102.3 | -8.4% | 59 |
| Asset Turnover | 0.9 | 1.9% | 74 |
| Free Cashflow | 5.4 | 9.4% | 78 |
The below chart describes Monolithic Power Systems's performance as reflected on its cash flow with respect to its peers. While Monolithic Power Systems received a cash flow score of 77, the average of its peers stands on 69.0.
- MPWR
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 93 | 65 | 61 | 86 | 82 | 0 | 1 |
| Intel Corporation | 154.5B | 58 | 72 | 68 | 53 | 58 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 65 | 65 | 70 | 87 | 77 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 74 | 74 | 63 | 69 | 70 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 66 | 69 | 37 | 57 | 4 | 1 |
| Broadcom Inc. | 102.5B | 75 | 76 | 87 | 89 | 85 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 75 | 59 | 69 | 72 | 69 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 78 | 76 | 51 | 94 | 84 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 81 | 85 | 81 | 74 | 80 | 8 | 1 |
| Lam Research Corporation | 60.8B | 72 | 60 | 56 | 75 | 69 | 9 | 1 |
| KLA Corporation | 49.3B | 70 | 76 | 52 | 79 | 74 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 72 | 51 | 85 | 73 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 94 | 84 | 58 | 46 | 65 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 80 | 79 | 48 | 84 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 54 | 86 | 45 | 64 | 63 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 60 | 79 | 55 | 74 | 70 | 15 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 78 | 57 | 79 | 73 | 71 | 16 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 46 | 38 | 55 | 52 | 43 | 17 | 1 |
| Teradyne, Inc. | 15.3B | 75 | 65 | 66 | 68 | 68 | 18 | 1 |
| Entegris, Inc. | 14.1B | 61 | 57 | 50 | 76 | 65 | 19 | 1 |
| Qorvo, Inc. | 10.2B | 78 | 65 | 87 | 71 | 73 | 20 | 1 |
| First Solar, Inc. | 7.2B | 47 | 85 | 56 | 46 | 53 | 21 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 79 | 77 | 43 | 82 | 77 | 22 | 1 |
| MKS Instruments, Inc. | 5.8B | 58 | 58 | 92 | 56 | 59 | 23 | 1 |
| Silicon Laboratories Inc. | 5.3B | 71 | 89 | 81 | 87 | 86 | 24 | 1 |
| Universal Display Corporation | 5.2B | 75 | 81 | 68 | 65 | 71 | 25 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 66 | 68 | 80 | 74 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 59 | 68 | 27 | 1 |
| Synaptics Incorporated | 4.9B | 85 | 62 | 98 | 55 | 66 | 28 | 1 |
| Power Integrations, Inc. | 4.4B | 88 | 77 | 64 | 82 | 82 | 29 | 1 |
| Amkor Technology, Inc. | 4.2B | 46 | 57 | 62 | 71 | 60 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 90 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 56 | 56 | 77 | 56 | 56 | 32 | 1 |
| Semtech Corporation | 3.5B | 79 | 78 | 58 | 79 | 77 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 46 | 78 | 54 | 78 | 68 | 34 | 1 |
| FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 67 | 35 | 1 |
| Diodes Incorporated | 3.0B | 77 | 61 | 52 | 80 | 72 | 36 | 1 |
| SunPower Corporation | 3.0B | 84 | 41 | 39 | 93 | 74 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 63 | 53 | 46 | 85 | 61 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 39 | 1 |
| Nova Ltd. | 2.7B | 58 | 53 | 39 | 58 | 54 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 84 | 95 | 45 | 75 | 79 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 93 | 81 | 83 | 74 | 82 | 42 | 1 |
| Rambus Inc. | 2.4B | 96 | 73 | 89 | 88 | 89 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 69 | 70 | 74 | 66 | 71 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 84 | 82 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 66 | 77 | 48 | 77 | 66 | 47 | 1 |
| Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 61 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 62 | 71 | 44 | 59 | 50 | 1 |
| Photronics, Inc. | 1.2B | 65 | 92 | 96 | 79 | 82 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 85 | 95 | 53 | 62 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 74 | 82 | 48 | 69 | 71 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 49 | 64 | 45 | 60 | 54 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 81 | 98 | 45 | 92 | 89 | 55 | 1 |
| CEVA, Inc. | 778.5M | 57 | 54 | 84 | 83 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 51 | 37 | 87 | 70 | 58 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 90 | 59 | 88 | 84 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 77 | 64 | 41 | 60 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 57 | 74 | 76 | 46 | 55 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 78 | 86 | 63 | 96 | 89 | 61 | 1 |
| SiTime Corporation | 3.6B | 83 | 87 | 56 | 44 | 62 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 94 | 65 | 88 | 85 | 85 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 68 | 69 | 73 | 78 | 74 | 64 | 1 |
| Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 61 | 43 | 50 | 54 | 50 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 50 | 63 | 67 | 87 | 71 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 69 | 80 | 52 | 98 | 85 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 65 | 56 | 76 | 54 | 57 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 70 | 87 | 94 | 93 | 90 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 48 | 76 | 51 | 60 | 58 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 85 | 56 | 68 | 97 | 84 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 53 | 89 | 90 | 47 | 66 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 79 | 72 | 66 | 47 | 60 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 49 | 74 | 89 | 77 | 72 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 81 | 88 | 96 | 95 | 88 | 80 | 1 |
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