Price to FCFE (P/FCFE)
Paying user area
Try for free
Monolithic Power Systems Inc. pages available for free this week:
- Statement of Comprehensive Income
- Balance Sheet: Assets
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Profitability Ratios
- Capital Asset Pricing Model (CAPM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Debt to Equity since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Sales (P/S) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Monolithic Power Systems Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Free Cash Flow to Equity (FCFE)
Monolithic Power Systems Inc., FCFE calculation
US$ in thousands
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).
The analysis of the data on cash flows over the five-year period reveals several notable trends and patterns in the financial performance regarding liquidity and cash management.
- Net Cash Provided by Operating Activities
- This metric shows a strong upward trend overall, increasing from $267,803 thousand in 2020 to $788,410 thousand in 2024. After an initial increase from 2020 to 2021, there was a decline in 2022, dropping to $246,674 thousand. However, the subsequent years saw a significant recovery and growth, with 2023 exhibiting a substantial jump to $638,213 thousand and a further increase in 2024. This pattern suggests the company faced some operational challenges or fluctuations in 2022 but managed to enhance its operational cash generation capacity markedly thereafter.
- Free Cash Flow to Equity (FCFE)
- The free cash flow available to equity holders follows a similar trend to operating cash flow but at a lower absolute value, reflecting the impact of capital expenditures or financing activities. It started at $212,193 thousand in 2020, increased moderately in 2021, then decreased in 2022 to $187,831 thousand, mirroring the downturn observed in operating cash flow. In 2023 and 2024, the FCFE saw a dramatic rise to $580,635 thousand and $642,292 thousand respectively, indicating an improvement in cash available for distribution to shareholders after reinvestment needs were met. The alignment of the FCFE trend with operating cash flow underlines consistent cash generation and capital investment practices becoming more efficient over time.
Overall, the data suggest increasing operational efficiency and cash generation capacity after a setback in 2022. The strong rebound in both net operating cash flow and free cash flow to equity in the last two years signals positive cash management and potentially stronger returns to investors.
Price to FCFE Ratio, Current
Monolithic Power Systems Inc., current P/FCFE calculation, comparison to benchmarks
| No. shares of common stock outstanding | |
| Selected Financial Data (US$) | |
| Free cash flow to equity (FCFE) (in thousands) | |
| FCFE per share | |
| Current share price (P) | |
| Valuation Ratio | |
| P/FCFE | |
| Benchmarks | |
| P/FCFE, Competitors1 | |
| Advanced Micro Devices Inc. | |
| Analog Devices Inc. | |
| Applied Materials Inc. | |
| Broadcom Inc. | |
| Intel Corp. | |
| KLA Corp. | |
| Lam Research Corp. | |
| Micron Technology Inc. | |
| NVIDIA Corp. | |
| Qualcomm Inc. | |
| Texas Instruments Inc. | |
| P/FCFE, Sector | |
| Semiconductors & Semiconductor Equipment | |
| P/FCFE, Industry | |
| Information Technology | |
Based on: 10-K (reporting date: 2024-12-31).
1 Click competitor name to see calculations.
If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.
Price to FCFE Ratio, Historical
Monolithic Power Systems Inc., historical P/FCFE calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | ||||||
| Selected Financial Data (US$) | ||||||
| Free cash flow to equity (FCFE) (in thousands)2 | ||||||
| FCFE per share3 | ||||||
| Share price1, 4 | ||||||
| Valuation Ratio | ||||||
| P/FCFE5 | ||||||
| Benchmarks | ||||||
| P/FCFE, Competitors6 | ||||||
| Advanced Micro Devices Inc. | ||||||
| Analog Devices Inc. | ||||||
| Applied Materials Inc. | ||||||
| Broadcom Inc. | ||||||
| Intel Corp. | ||||||
| KLA Corp. | ||||||
| Lam Research Corp. | ||||||
| Micron Technology Inc. | ||||||
| NVIDIA Corp. | ||||||
| Qualcomm Inc. | ||||||
| Texas Instruments Inc. | ||||||
| P/FCFE, Sector | ||||||
| Semiconductors & Semiconductor Equipment | ||||||
| P/FCFE, Industry | ||||||
| Information Technology | ||||||
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 Data adjusted for splits and stock dividends.
3 2024 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= ÷ =
4 Closing price as at the filing date of Monolithic Power Systems Inc. Annual Report.
5 2024 Calculation
P/FCFE = Share price ÷ FCFE per share
= ÷ =
6 Click competitor name to see calculations.
The analysis of the provided financial data reveals distinct trends in share price, free cash flow to equity (FCFE) per share, and the price to FCFE ratio over the five-year period from 2020 to 2024.
- Share Price
- The share price demonstrated an overall upward trajectory from 389.05 US$ at the end of 2020 to a peak of 720.04 US$ at the end of 2023. However, in 2024, the share price declined to 578.92 US$, representing a significant decrease from the previous year's high but still above the 2020 through 2022 levels.
- FCFE per Share
- FCFE per share exhibited moderate fluctuations initially, with values ranging from 4.65 US$ in 2020 to 3.97 US$ in 2022, indicating some variability in cash flows returned to shareholders. From 2022 onwards, a notable increase occurred, reaching 11.93 US$ in 2023 and further rising to 13.42 US$ in 2024. This suggests improved cash generation and possibly enhanced operational efficiency or profitability in the latter years.
- P/FCFE Ratio
- The price to FCFE ratio increased from 83.64 in 2020 to a peak of 121.66 in 2022, indicating that the share price was rising faster relative to FCFE per share, or that investors valued the company at a higher multiple during that period. Subsequently, the ratio decreased markedly to 60.34 in 2023 and further to 43.14 in 2024. This decline reflects either a correction in market valuation or the effect of the accelerated FCFE growth outpacing the share price increase, resulting in a more attractive valuation relative to free cash flows.
In summary, the data suggests that while the share price experienced significant growth with some volatility, the company's free cash flow generation improved substantially in the later years. The declining price to FCFE ratio in 2023 and 2024 implies an enhanced alignment between market valuation and underlying cash flow performance, possibly indicating increased investor confidence in the sustainability of cash flows or a more conservative valuation approach following the previous peak multiples.