MPWR vs. SKHY: Monolithic Power Systems vs. SK hynix Stock Comparison
How do Monolithic Power Systems (MPWR) and SK hynix (SKHY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Monolithic Power Systems (MPWR) and SK hynix (SKHY) 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) has been public since November 19, 2004, giving it decades of market history across multiple cycles, while SK hynix (SKHY) listed only on July 10, 2026 and lacks comparable through-cycle data.
Monolithic Power Systems (MPWR) trades as ordinary local shares, while SK hynix (SKHY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | MPWR | SKHY |
|---|---|---|
| Name | Monolithic Power Systems Inc. | SK hynix Inc. |
| Country/Region | United States | South Korea |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 58.06 billion USD | 897.97 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | November 19, 2004 | July 10, 2026 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MPWR | SKHY |
|---|---|---|
| Total Return (1Y) | 42.29% | -- |
| Total Return (3Y, Annualized) | 42.13% | -- |
| Total Return (5Y, Annualized) | 20.48% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
SK hynix (SKHY) is heavily traded at around 20.78M shares per day, whereas Monolithic Power Systems (MPWR) sees a more moderate 776.23K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | MPWR | SKHY |
|---|---|---|
| Volatility (1Y, Annualized) | 57.22% | 101.44% |
| Beta (5Y) | 1.67 | 5.36 |
| Max Drawdown (5Y) | -51.65% | -37.62% |
| Avg. Volume (3M) | 776.23K | 20.78M |
Risk-Adjusted Performance
Risk-Return Positioning
Both MPWR and SKHY need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | MPWR | SKHY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.66 | -- |
| Sortino Ratio (1Y) | 0.98 | -- |
Profitability
ROE (TTM)
Both companies show strong equity returns, but SK hynix (SKHY) at 92.54% is the standout with ROE above its industry range; Monolithic Power Systems (MPWR) at 24.47% also sits in the top quartile.
MPWR
Semiconductors & Semiconductor Equipment industry group
24.47%
- Max
- 52.82%
- MPWR
- 24.47%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
SKHY
Semiconductors & Semiconductor Equipment industry group
92.54%
- SKHY
- 92.54%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
SK hynix (SKHY) at 70.27% converts revenue to bottom-line profit above its industry’s benchmark range, while Monolithic Power Systems (MPWR) at 23.89% keeps roughly the typical share for its industry.
MPWR
Semiconductors & Semiconductor Equipment industry group
23.89%
- Max
- 63.80%
- Q3
- 28.36%
- MPWR
- 23.89%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
SKHY
Semiconductors & Semiconductor Equipment industry group
70.27%
- SKHY
- 70.27%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
SK hynix (SKHY) at 79.66% turns sales into operating profit above its industry’s benchmark range, while Monolithic Power Systems (MPWR) at 29.75% operates around its industry’s norm.
MPWR
Semiconductors & Semiconductor Equipment industry group
29.75%
- Max
- 58.66%
- Q3
- 30.23%
- MPWR
- 29.75%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
SKHY
Semiconductors & Semiconductor Equipment industry group
79.66%
- SKHY
- 79.66%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | MPWR | SKHY |
|---|---|---|
| ROE (TTM) | 24.47% | 92.54% |
| ROA (TTM) | 15.52% | 46.43% |
| Net Margin (TTM) | 23.89% | 70.27% |
| Operating Margin (TTM) | 29.75% | 79.66% |
| Gross Margin (TTM) | 55.26% | 77.38% |
Growth
Revenue Growth
Both Monolithic Power Systems (MPWR) at 26.43% and SK hynix (SKHY) at 46.76% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.
EPS Growth
SK hynix (SKHY) at 112.46% sits in the top EPS growth quartile, while Monolithic Power Systems (MPWR) at -64.85% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | MPWR | SKHY |
|---|---|---|
| Revenue Growth (YoY) | 26.43% | 46.76% |
| Revenue Growth (3Y CAGR) | 15.86% | 29.61% |
| EPS Growth (YoY) | -64.85% | 112.46% |
| EPS Growth (3Y CAGR) | 12.43% | 165.07% |
Financial Strength
Current Ratio (MRQ)
Monolithic Power Systems (MPWR) at 3.70 keeps current ratio within its industry’s typical mid-range, while SK hynix (SKHY) at 26.88 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
MPWR
Semiconductors & Semiconductor Equipment industry group
3.70
- Max
- 10.33
- Q3
- 5.62
- MPWR
- 3.70
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
SKHY
Semiconductors & Semiconductor Equipment industry group
26.88
- SKHY
- 26.88
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Monolithic Power Systems (MPWR) at 0.01 keeps leverage in the lower industry quartile, while SK hynix (SKHY) at 0.05 runs a more typical debt-to-equity mix.
MPWR
Semiconductors & Semiconductor Equipment industry group
0.01
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- MPWR
- 0.01
- Min
- 0.00
SKHY
Semiconductors & Semiconductor Equipment industry group
0.05
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- SKHY
- 0.05
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | MPWR | SKHY |
|---|---|---|
| Current Ratio (MRQ) | 3.70 | 26.88 |
| Debt / Equity (MRQ) | 0.01 | 0.05 |
| Net Debt / EBITDA | -0.92 | -0.46 |
Dividends
Dividend Yield (TTM)
Monolithic Power Systems (MPWR) at 0.67% earns its spot in the top quartile of its industry’s yields; SK hynix (SKHY) at 2,118.64% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
MPWR
Semiconductors & Semiconductor Equipment industry group
0.67%
- Max
- 1.37%
- MPWR
- 0.67%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SKHY
Semiconductors & Semiconductor Equipment industry group
2,118.64%
- SKHY
- 2,118.64%
- Max
- 1.37%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
SK hynix (SKHY) 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.
MPWR
Semiconductors & Semiconductor Equipment industry group
41.65%
- Max
- 49.64%
- MPWR
- 41.65%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- SKHY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MPWR | SKHY |
|---|---|---|
| Dividend Yield (TTM) | 0.67% | 2,118.64% |
| Dividend Payout Ratio (TTM) | 41.65% | 0.00% |
Valuation
P/E Ratio (TTM)
SK hynix (SKHY) at 8.12 sits in the cheaper P/E ratio quartile, while Monolithic Power Systems (MPWR) at 65.27 is closer to its industry’s usual earnings multiple — a discount for SKHY, though growth and earnings durability still matter.
MPWR
Semiconductors & Semiconductor Equipment industry group
65.27
- Max
- 110.34
- Q3
- 66.81
- MPWR
- 65.27
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
SKHY
Semiconductors & Semiconductor Equipment industry group
8.12
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- SKHY
- 8.12
- Min
- 8.12
P/S Ratio (TTM)
SK hynix (SKHY) at 0.00 looks cheap on sales in the lower P/S ratio quartile, while Monolithic Power Systems (MPWR) at 15.53 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
MPWR
Semiconductors & Semiconductor Equipment industry group
15.53
- Max
- 21.42
- MPWR
- 15.53
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- SKHY
- 0.00
- Min
- 0.00
P/B Ratio (MRQ)
SK hynix (SKHY) at 3.95 sits near its industry’s typical P/B ratio, while Monolithic Power Systems (MPWR) at 15.56 prices above its benchmark range — MPWR looks rich relative to book.
MPWR
Semiconductors & Semiconductor Equipment industry group
15.56
- MPWR
- 15.56
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
SKHY
Semiconductors & Semiconductor Equipment industry group
3.95
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- SKHY
- 3.95
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | MPWR | SKHY |
|---|---|---|
| P/E Ratio (TTM) | 65.27 | 8.12 |
| P/S Ratio (TTM) | 15.53 | 0.00 |
| P/B Ratio (MRQ) | 15.56 | 3.95 |
| Free Cash Flow Yield (TTM) | 0.87% | -- |