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Monolithic Power SystemsMIL:1MPWR +4.78%30 Return-on-Tangible-Asset is 18.14% as of Mar. 2026, which is 15% above its 10-year median of 15.78. GuruFocus rates MIL:1MPWR with a GF Score™ of 30/100 and a GF Value™ of €944.59 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,028 Semiconductors companies, Monolithic Power Systems ranks better than 91.15% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Monolithic Power Systems's annualizedNet Income for the quarter that ended in Mar. 2026 was €669 Mil. Monolithic Power Systems's average total tangible assets for the quarter that ended in Mar. 2026 was €3,685 Mil. Therefore, Monolithic Power Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 18.14%.
The historical rank and industry rank for Monolithic Power Systems's Return-on-Tangible-Asset or its related term are showing as below:
MIL:1MPWR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.37 Med: 15.78 Max: 53.9
Current: 16.65
During the past 13 years, Monolithic Power Systems's highest Return-on-Tangible-Asset was 53.90%. The lowest was 11.37%. And the median was 15.78%.
MIL:1MPWR's Return-on-Tangible-Asset is ranked better than 91.15% of 1028
companies
in the Semiconductors industry
Industry Median: 2.615
vs MIL:1MPWR: 16.65
Monolithic Power Systems (MIL:1MPWR) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Monolithic Power Systems Return-on-Tangible-Asset Related Terms
Monolithic Power Systems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Monolithic Power Systems's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
MIL:1MPWR vs ALAB, NXPI, MCHP: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Monolithic Power Systems's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Monolithic Power Systems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Monolithic Power Systems's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 18.14% mean?
Monolithic Power Systems (MIL:1MPWR) has a Return-on-Tangible-Asset of 18.14% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Monolithic Power Systems and its competitors. This is 15% above median its historical median of 15.78. Over the past decade, Monolithic Power Systems' Return-on-Tangible-Asset has ranged from 11.37 to 53.90. According to the industry distribution chart, Monolithic Power Systems ranks #91 out of 1028 companies in the Semiconductors industry, placing it in the top 8.9%.
Is Monolithic Power Systems' Return-on-Tangible-Asset too high?
Monolithic Power Systems' current Return-on-Tangible-Asset of 18.14% is 15% above median its 10-year median of 15.78. Over the past 10 years, this metric has ranged from a low of 11.37 to a high of 53.90. The Semiconductors industry median Return-on-Tangible-Asset is 2.62. Monolithic Power Systems' value of 18.14% is 593.7% above this industry median. Based on the distribution chart, Monolithic Power Systems ranks #91 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Monolithic Power Systems has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Monolithic Power Systems' Return-on-Tangible-Asset compare to ALAB and NXPI?
According to the Semiconductors industry distribution chart, Monolithic Power Systems ranks #91 out of 1028 companies for Return-on-Tangible-Asset. This places Monolithic Power Systems in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.62. Monolithic Power Systems' value of 18.14% is 593.7% above this benchmark. Historically, Monolithic Power Systems' own Return-on-Tangible-Asset has ranged from 11.37 to 53.90 over the past decade. While the company's 10-year median is 15.78 vs. the industry median of 2.62, Monolithic Power Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.62, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Monolithic Power Systems's current Return-on-Tangible-Asset of 18.14% is 593.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Monolithic Power Systems and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monolithic Power Systems's current Return-on-Tangible-Asset is 18.14%, which is 15% above median its own 10-year median of 15.78. 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 (MIL:1MPWR) is currently considered Modestly Overvalued. The stock's GF Value™ is €944.59, compared to a current price of €1,172.00 — trading 24.1% above its estimated fair value. The current Return-on-Tangible-Asset is 18.14%, which is 15% above median its 10-year median of 15.78 and 593.7% above the Semiconductors industry median of 2.62. Monolithic Power Systems' overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Monolithic Power Systems (MIL:1MPWR), the current Return-on-Tangible-Asset is 18.14% 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 (MIL:1MPWR) Overvalued in 2026?
Based on GuruFocus' analysis, Monolithic Power Systems stock appears to be overvalued.
The current stock price of €1,172.00 is trading 24.1% above its estimated GF Value™ of €944.59.
GuruFocus considers Monolithic Power Systems to be Modestly Overvalued.
Key valuation signals for MIL:1MPWR:
Return-on-Tangible-Asset: 18.14% (15% above median its 10-year median of 15.78)
GF Value™: €944.59 vs. price of €1,172.00 (24.1% above fair value)
Industry Position: 593.7% above the Semiconductors median (#91 of 1028)
No single metric tells the full story. See the MIL:1MPWR 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.
30GF Score
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