Stock Analysis on Net

Monolithic Power Systems Inc. (NASDAQ:MPWR)

Market Value Added (MVA)

Microsoft Excel

MVA

Monolithic Power Systems Inc., MVA calculation

US$ in thousands

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Fair value of debt
Operating lease liability 15,793 7,868 3,797 5,807 3,099
Market value of common equity 27,710,585 35,037,866 22,851,153 21,461,113 17,748,850
Less: Debt investments 171,278 581,200 450,977 538,218 263,030
Market (fair) value of MPS 27,555,100 34,464,534 22,403,973 20,928,702 17,488,919
Less: Invested capital2 1,689,877 1,475,541 1,231,421 683,433 635,280
MVA 25,865,223 32,988,993 21,172,552 20,245,269 16,853,639

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

2 Invested capital. See details »

Item Description The company
MVA Monolithic Power Systems Inc. market (fair) value less invested capital. Monolithic Power Systems Inc. MVA increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.

MVA Spread Ratio

Monolithic Power Systems Inc., MVA spread ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in thousands)
Market value added (MVA)1 25,865,223 32,988,993 21,172,552 20,245,269 16,853,639
Invested capital2 1,689,877 1,475,541 1,231,421 683,433 635,280
Performance Ratio
MVA spread ratio3 1,530.60% 2,235.72% 1,719.36% 2,962.29% 2,652.95%
Benchmarks
MVA Spread Ratio, Competitors4
Advanced Micro Devices Inc. 213.10% 370.13% 119.87% 2,219.60% 2,281.37%
Analog Devices Inc. 165.45% 117.77% 103.56% 117.94% 210.89%
Applied Materials Inc. 547.48% 671.06% 515.59% 815.05% 555.54%
Broadcom Inc. 681.11% 780.16% 327.91% 373.50% 237.77%
Intel Corp. 29.14% 136.50% 56.17% 138.47% 204.49%
KLA Corp. 1,008.90% 749.44% 664.92% 735.85% 430.36%
Lam Research Corp. 628.85% 511.21% 404.85% 617.13% 423.68%
Micron Technology Inc. 134.98% 65.44% 17.24% 80.72% 54.74%
NVIDIA Corp. 5,287.84% 2,593.21% 3,533.65% 2,455.53% 1,247.78%
Qualcomm Inc. 553.50% 331.81% 372.61% 739.14% 815.45%
Texas Instruments Inc. 570.65% 565.70% 853.39% 887.48% 1,141.98%

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 MVA. See details »

2 Invested capital. See details »

3 2024 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 25,865,223 ÷ 1,689,877 = 1,530.60%

4 Click competitor name to see calculations.

Performance ratio Description The company
MVA spread ratio The ratio of MVA to invested capital. It measures the efficiency with which investors’ capital investment has translated into a franchise value and into an aggregate net present value premium. Monolithic Power Systems Inc. MVA spread ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.

MVA Margin

Monolithic Power Systems Inc., MVA margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in thousands)
Market value added (MVA)1 25,865,223 32,988,993 21,172,552 20,245,269 16,853,639
Revenue 2,207,100 1,821,072 1,794,148 1,207,798 844,452
Performance Ratio
MVA margin2 1,171.91% 1,811.52% 1,180.09% 1,676.21% 1,995.81%
Benchmarks
MVA Margin, Competitors3
Advanced Micro Devices Inc. 481.21% 944.62% 297.25% 836.71% 1,019.76%
Analog Devices Inc. 763.82% 422.86% 388.08% 757.72% 685.43%
Applied Materials Inc. 445.92% 449.88% 297.74% 520.10% 422.74%
Broadcom Inc. 1,861.99% 1,364.99% 613.41% 879.64% 656.13%
Intel Corp. 50.65% 231.83% 78.99% 155.07% 215.26%
KLA Corp. 865.81% 595.30% 562.17% 725.25% 482.13%
Lam Research Corp. 638.38% 448.84% 298.83% 497.72% 492.95%
Micron Technology Inc. 286.66% 225.16% 29.56% 135.02% 108.00%
NVIDIA Corp. 2,669.68% 2,051.63% 2,368.66% 1,919.74% 1,616.28%
Qualcomm Inc. 438.87% 291.70% 248.18% 445.16% 615.38%
Texas Instruments Inc. 954.68% 729.45% 748.35% 793.86% 1,023.69%

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 MVA. See details »

2 2024 Calculation
MVA margin = 100 × MVA ÷ Revenue
= 100 × 25,865,223 ÷ 2,207,100 = 1,171.91%

3 Click competitor name to see calculations.

Performance ratio Description The company
MVA margin The ratio of MVA to sales. It measures how efficiently and prodigiously sales translate into franchise value. Monolithic Power Systems Inc. MVA margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024.