ALAB vs. MPWR: Astera Labs vs. Monolithic Power Systems Stock Comparison

Company Profile

Astera Labs (ALAB) and Monolithic Power Systems (MPWR) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Monolithic Power Systems (MPWR) carries decades of public-market history since November 19, 2004, while Astera Labs (ALAB) listed on March 20, 2024 — long-window comparisons have far more historical data on the MPWR side.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Astera Labs (ALAB) at 28.21% and Monolithic Power Systems (MPWR) at 24.47% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

Astera Labs (ALAB) at 29.64% retains a top-quartile share of revenue as profit, ahead of Monolithic Power Systems (MPWR) at 23.89%, which keeps about the industry-typical share.

Astera Labs (ALAB) at 30.61% operates in the top operating margin quartile, ahead of Monolithic Power Systems (MPWR) at 29.75%, which runs around its industry’s norm.

Profitability Metrics

Growth

Both companies are growing quickly, but Astera Labs (ALAB) at 115.13% is the standout with revenue growth above its industry range; Monolithic Power Systems (MPWR) at 26.43% also sits in the top quartile.

Only one side can be read here: Monolithic Power Systems (MPWR) reports EPS growth of -64.85%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Monolithic Power Systems (MPWR) at 3.70 keeps current ratio within its industry’s typical mid-range, while Astera Labs (ALAB) at 8.03 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Both Astera Labs (ALAB) at 0.02 and Monolithic Power Systems (MPWR) at 0.01 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

Financial Strength Metrics

Dividends

Astera Labs (ALAB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Monolithic Power Systems (MPWR) reports a yield of 0.67%, ranking against industry peers normally.

Astera Labs (ALAB) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Monolithic Power Systems (MPWR) reports a payout of 41.65%, ranking against industry peers normally.

Dividend Metrics

Valuation

Monolithic Power Systems (MPWR) at 65.27 is near its industry’s usual P/E ratio, while Astera Labs (ALAB) at 75.38 sits in the richer quartile — ALAB needs stronger growth or earnings quality to justify the premium.

Both Astera Labs (ALAB) at 21.42 and Monolithic Power Systems (MPWR) at 15.53 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

Measured against book value, both Astera Labs (ALAB) at 16.67 and Monolithic Power Systems (MPWR) at 15.56 look expensive — each P/B ratio sits above its industry’s benchmark range.

Valuation Metrics