Stock Analysis on Net

Monolithic Power Systems Inc. (NASDAQ:MPWR)

This company has been moved to the archive! The financial data has not been updated since May 5, 2023.

Market Value Added (MVA)

Microsoft Excel

MVA

Monolithic Power Systems Inc., MVA calculation

US$ in thousands

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Fair value of debt
Operating lease liability 3,797 5,807 3,099 2,357 2,877
Market value of common equity 22,851,153 21,461,113 17,748,850 7,075,661 5,844,301
Less: Debt investments 450,977 538,218 263,030 285,575 207,818
Market (fair) value of MPS 22,403,973 20,928,702 17,488,919 6,792,443 5,639,360
Less: Invested capital2 1,231,421 683,433 635,280 460,591 428,429
MVA 21,172,552 20,245,269 16,853,639 6,331,852 5,210,931

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

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 2020 to 2021 and from 2021 to 2022.

MVA Spread Ratio

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

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Market value added (MVA)1 21,172,552 20,245,269 16,853,639 6,331,852 5,210,931
Invested capital2 1,231,421 683,433 635,280 460,591 428,429
Performance Ratio
MVA spread ratio3 1,719.36% 2,962.29% 2,652.95% 1,374.72% 1,216.29%
Benchmarks
MVA Spread Ratio, Competitors4
Advanced Micro Devices Inc. 119.87% 2,219.60% 2,281.37% 1,656.68%
Analog Devices Inc. 103.56% 117.94% 210.89% 164.19% 113.22%
Applied Materials Inc. 515.59% 815.05% 555.54% 482.20% 251.42%
Broadcom Inc. 327.91% 373.50% 237.77% 168.52% 161.96%
First Solar Inc. 235.63% 37.44% 62.42% 0.68%
Intel Corp. 56.17% 138.47% 204.49% 286.44%
KLA Corp. 664.92% 735.85% 430.36% 274.54%
Lam Research Corp. 404.85% 617.13% 423.68% 264.92%
Micron Technology Inc. 17.24% 80.72% 54.74% 45.95%
NVIDIA Corp. 3,533.65% 2,455.53% 1,247.78% 1,774.44%
Qualcomm Inc. 372.61% 739.14% 815.45% 438.33%
Texas Instruments Inc. 853.39% 887.48% 1,141.98% 946.70%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 MVA. See details »

2 Invested capital. See details »

3 2022 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 21,172,552 ÷ 1,231,421 = 1,719.36%

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 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

MVA Margin

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

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Market value added (MVA)1 21,172,552 20,245,269 16,853,639 6,331,852 5,210,931
Revenue 1,794,148 1,207,798 844,452 627,921 582,382
Performance Ratio
MVA margin2 1,180.09% 1,676.21% 1,995.81% 1,008.38% 894.76%
Benchmarks
MVA Margin, Competitors3
Advanced Micro Devices Inc. 297.25% 836.71% 1,019.76% 838.80%
Analog Devices Inc. 388.08% 757.72% 685.43% 502.84% 340.05%
Applied Materials Inc. 297.74% 520.10% 422.74% 334.35% 148.45%
Broadcom Inc. 613.41% 879.64% 656.13% 447.69% 346.62%
First Solar Inc. 337.43% 71.34% 125.10% 1.01%
Intel Corp. 78.99% 155.07% 215.26% 320.84%
KLA Corp. 562.17% 725.25% 482.13% 383.29%
Lam Research Corp. 298.83% 497.72% 492.95% 285.07%
Micron Technology Inc. 29.56% 135.02% 108.00% 76.12%
NVIDIA Corp. 2,368.66% 1,919.74% 1,616.28% 724.42%
Qualcomm Inc. 248.18% 445.16% 615.38% 387.14%
Texas Instruments Inc. 748.35% 793.86% 1,023.69% 793.53%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 MVA. See details »

2 2022 Calculation
MVA margin = 100 × MVA ÷ Revenue
= 100 × 21,172,552 ÷ 1,794,148 = 1,180.09%

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 deteriorated from 2020 to 2021 and from 2021 to 2022.