Monolithic Power Systems, Inc. (MPWR) vs Marvell Technology, Inc. (MRVL)

Monolithic Power Systems, Inc. and Marvell Technology, Inc. are both Semiconductors companies. Marvell Technology, Inc. is the larger, with a market value of $232.1B against $66.6B — 3.5× the size. Monolithic Power Systems, Inc. trades at the lower P/E: 83.3× against 85.3×. Marvell Technology, Inc. grew revenue faster over the last twelve months: 30.6% against 28.7%. Marvell Technology, Inc. has the higher net margin (27.9% vs 24.5%) and the lower return on invested capital (4.99% vs 23.7%). Both pay a dividend; Monolithic Power Systems, Inc. yields more (0.68% vs 0.34%). Across the 23 metrics below, Monolithic Power Systems, Inc. leads on 16 and Marvell Technology, Inc. on 7.

Valuation

Metric MPWR MRVL Semiconductors median
P/E 83.33 85.32 49.41
P/S 20.53 24.87 8.58
P/B 17.25 12.68 5.49
Price to free cash flow 174.99 136.44 47.02
EV/EBITDA 65.87 83.82 30.78
EV/Sales 20.10 25.04 8.79
Earnings yield 1.20% 1.17% 0.62%
Free cash flow yield 0.57% 0.73% 0.59%

Profitability

Metric MPWR MRVL Semiconductors median
Gross margin 55.20% 52.21% 52.25%
Operating margin 28.72% 16.52% 4.85%
Net margin 24.50% 27.93% 4.77%
Free cash flow margin 11.88% 18.23% 8.65%
Return on equity 21.98% 16.52% 3.11%
Return on assets 18.52% 10.97% 1.91%
Return on invested capital 23.68% 4.99% 2.46%

Growth

Metric MPWR MRVL Semiconductors median
Revenue growth (TTM) 28.67% 30.62% 16.66%
EPS growth (last fiscal year) (65.15%) 400.98% —
Revenue growth, 5-year CAGR 27.00% 22.51% 5.60%
Net income growth, 5-year CAGR 30.47% 0.00% 0.00%

Health

Metric MPWR MRVL Semiconductors median
Debt to equity 0.00 0.27 0.05
Current ratio 4.98 3.17 3.35
Net debt to EBITDA (1.62) 0.70 0.58

Dividend

Metric MPWR MRVL Semiconductors median
Dividend yield 0.68% 0.34% 1.93%
Payout ratio 0.38 — 0.00

Size

Metric MPWR MRVL Semiconductors median
Market cap 66.58b 232.09b 5.67b

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