Monolithic Power SystemsBSP:M2PR34 -5.58%69 Net Current Asset Value is R$166.02 as of Mar. 2026, which is 100% below its 10-year median of 19.37. GuruFocus rates BSP:M2PR34 with a GF Score™ of 69/100 and a GF Value™ of R$92.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 721 Semiconductors companies, Monolithic Power Systems ranks worse than 87.52% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Monolithic Power Systems's net current asset value per share for the quarter that ended in Mar. 2026 was R$166.02.
The historical rank and industry rank for Monolithic Power Systems's Net Current Asset Value or its related term are showing as below:
BSP:M2PR34'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.03 Med: 19.37 Max: 44.85
Current: 44.77
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Monolithic Power Systems was 44.85. The lowest was 10.03. And the median was 19.37.
BSP:M2PR34's Price-to-Net-Current-Asset-Value is ranked worse than 87.52% of 721
companies
in the Semiconductors industry
Industry Median: 9.6
vs BSP:M2PR34: 44.77
Monolithic Power Systems (BSP:M2PR34) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Monolithic Power Systems Net Current Asset Value Related Terms
Monolithic Power Systems Net Current Asset Value Historical Data
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The historical data trend for Monolithic Power Systems's Net Current Asset Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Monolithic Power Systems Net Current Asset Value Chart
BSP:M2PR34 vs NXPI, ALAB, CBRS: Net Current Asset Value Comparison
For the Semiconductors subindustry, Monolithic Power Systems's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Monolithic Power Systems Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Monolithic Power Systems's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Monolithic Power Systems's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of R$166.02 mean?
Monolithic Power Systems (BSP:M2PR34) has a Net Current Asset Value of R$166.02 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Monolithic Power Systems and its competitors. This is 757% above median its historical median of 19.37. Over the past decade, Monolithic Power Systems' Net Current Asset Value has ranged from 10.03 to 44.85. According to the industry distribution chart, Monolithic Power Systems ranks #631 out of 721 companies in the Semiconductors industry, placing it in the top 87.5%.
Is Monolithic Power Systems' Net Current Asset Value too high?
Monolithic Power Systems' current Net Current Asset Value of R$166.02 is 757% above median its 10-year median of 19.37. Over the past 10 years, this metric has ranged from a low of 10.03 to a high of 44.85. Based on the distribution chart, Monolithic Power Systems ranks #631 out of 721 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Monolithic Power Systems has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Monolithic Power Systems' Net Current Asset Value compare to NXPI and ALAB?
According to the Semiconductors industry distribution chart, Monolithic Power Systems ranks #631 out of 721 companies for Net Current Asset Value. This places Monolithic Power Systems in the lower half of its industry. The industry median Net Current Asset Value is 9.60. Historically, Monolithic Power Systems' own Net Current Asset Value has ranged from 10.03 to 44.85 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 9.60, based on 721 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Monolithic Power Systems and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monolithic Power Systems's current Net Current Asset Value is R$166.02, which is 757% above median its own 10-year median of 19.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monolithic Power Systems stock overvalued right now?
Based on GuruFocus' analysis, Monolithic Power Systems (BSP:M2PR34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$92.53, compared to a current price of R$123.11 — trading 33% above its estimated fair value. The current Net Current Asset Value is R$166.02, which is 757% above median its 10-year median of 19.37. Monolithic Power Systems' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Monolithic Power Systems (BSP:M2PR34), the current Net Current Asset Value is R$166.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Monolithic Power Systems (BSP:M2PR34) Overvalued in 2026?
Based on GuruFocus' analysis, Monolithic Power Systems stock appears to be overvalued.
The current stock price of R$123.11 is trading 33% above its estimated GF Value™ of R$92.53.
GuruFocus considers Monolithic Power Systems to be Significantly Overvalued.
Key valuation signals for BSP:M2PR34:
Net Current Asset Value: R$166.02 (757% above median its 10-year median of 19.37)
GF Value™: R$92.53 vs. price of R$123.11 (33% above fair value)
No single metric tells the full story. See the BSP:M2PR34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Monolithic Power Systems is an analog and mixed-signal chipmaker specializing in power management solutions. Its mission is to reduce total energy consumption in end systems. It serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.
69GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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