FN vs. MPWR

Last updated Apr 1, 2026

Compare and contrast key facts about Fabrinet (FN) and Monolithic Power Systems, Inc. (MPWR).

Performance

FN vs. MPWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fabrinet (FN) and Monolithic Power Systems, Inc. (MPWR). The values are adjusted to include any dividend payments, if applicable.

FN vs. MPWR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FN Fabrinet	14.55%	107.06%	15.53%	48.44%	8.23%	52.69%	19.66%	26.37%	78.78%	-28.78%
MPWR Monolithic Power Systems, Inc.	20.87%	54.45%	-5.55%	79.78%	-27.78%	35.49%	107.49%	54.80%	4.49%	38.23%

Fundamentals

Market Cap FN : $18.87B MPWR : $53.76B
EPS FN : $10.36 MPWR : $12.72
PE Ratio FN : 50.35 MPWR : 85.93
PEG Ratio FN : 2.16 MPWR : 1.08
PS Ratio FN : 4.84 MPWR : 18.97
PB Ratio FN : 8.64 MPWR : 14.45
Total Revenue (TTM) FN : $3.89B MPWR : $2.79B
Gross Profit (TTM) FN : $467.60M MPWR : $1.54B
EBITDA (TTM) FN : $458.04M MPWR : $777.30M

Returns By Period

In the year-to-date period, FN achieves a 14.55% return, which is significantly lower than MPWR's 20.87% return. Over the past 10 years, FN has underperformed MPWR with an annualized return of 32.12%, while MPWR has yielded a comparatively higher 33.84% annualized return.

FN

• 1D: 6.03%
• 1M: -4.42%
• YTD: 14.55%
• 6M: 43.03%
• 1Y: 164.05%
• 3Y*: 63.76%
• 5Y*: 41.68%
• 10Y*: 32.12%

MPWR

• 1D: 9.30%
• 1M: -4.13%
• YTD: 20.87%
• 6M: 19.20%
• 1Y: 89.95%
• 3Y*: 30.74%
• 5Y*: 25.27%
• 10Y*: 33.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FN vs. MPWR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FN

FN Risk / Return Rank: 93
FN Sharpe Ratio Rank: 95
FN Sortino Ratio Rank: 89
FN Omega Ratio Rank: 89
FN Calmar Ratio Rank: 98
FN Martin Ratio Rank: 97

MPWR

MPWR Risk / Return Rank: 87
MPWR Sharpe Ratio Rank: 87
MPWR Sortino Ratio Rank: 84
MPWR Omega Ratio Rank: 84
MPWR Calmar Ratio Rank: 91
MPWR Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FN vs. MPWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fabrinet (FN) and Monolithic Power Systems, Inc. (MPWR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FN	MPWR	Difference
Sharpe ratio Return per unit of total volatility	2.53	1.61	+0.92
Sortino ratio Return per unit of downside risk	2.67	2.28	+0.39
Omega ratio Gain probability vs. loss probability	1.37	1.31	+0.06
Calmar ratio Return relative to maximum drawdown	8.07	3.95	+4.13
Martin ratio Return relative to average drawdown	20.16	10.08	+10.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FN vs. MPWR - Sharpe Ratio Comparison

The current FN Sharpe Ratio is 2.53, which is higher than the MPWR Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of FN and MPWR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FN	MPWR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	1.61	+0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.48	+0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.73	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.54	+0.03

Correlation

The correlation between FN and MPWR is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FN vs. MPWR - Dividend Comparison

FN has not paid dividends to shareholders, while MPWR's dividend yield for the trailing twelve months is around 0.61%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FN Fabrinet	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MPWR Monolithic Power Systems, Inc.	0.61%	0.69%	0.85%	0.63%	0.85%	0.49%	0.55%	0.90%	1.03%	0.71%	0.98%	1.26%

Drawdowns

FN vs. MPWR - Drawdown Comparison

The maximum FN drawdown since its inception was -70.46%, roughly equal to the maximum MPWR drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for FN and MPWR.

Drawdown Indicators

	FN	MPWR	Difference
Max Drawdown Largest peak-to-trough decline	-70.46%	-72.27%	+1.81%
Max Drawdown (1Y) Largest decline over 1 year	-20.55%	-22.93%	+2.38%
Max Drawdown (5Y) Largest decline over 5 years	-38.70%	-51.65%	+12.95%
Max Drawdown (10Y) Largest decline over 10 years	-51.11%	-51.65%	+0.54%
Current Drawdown Current decline from peak	-15.34%	-11.07%	-4.27%
Average Drawdown Average peak-to-trough decline	-22.78%	-17.84%	-4.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.23%	8.98%	-0.75%

Volatility

FN vs. MPWR - Volatility Comparison

Fabrinet (FN) has a higher volatility of 28.70% compared to Monolithic Power Systems, Inc. (MPWR) at 16.61%. This indicates that FN's price experiences larger fluctuations and is considered to be riskier than MPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FN	MPWR	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.70%	16.61%	+12.09%
Volatility (6M) Calculated over the trailing 6-month period	50.83%	34.32%	+16.51%
Volatility (1Y) Calculated over the trailing 1-year period	65.21%	56.06%	+9.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.79%	52.63%	-0.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.40%	46.56%	+0.84%

Financials

FN vs. MPWR - Profitability Comparison

The chart below illustrates the profitability comparison between Fabrinet and Monolithic Power Systems, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Fabrinet reported a gross profit of 137.68M and revenue of 1.13B. Therefore, the gross margin over that period was 12.2%.

MPWR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Monolithic Power Systems, Inc. reported a gross profit of 414.27M and revenue of 751.16M. Therefore, the gross margin over that period was 55.2%.

FN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Fabrinet reported an operating income of 114.40M and revenue of 1.13B, resulting in an operating margin of 10.1%.

MPWR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Monolithic Power Systems, Inc. reported an operating income of 199.94M and revenue of 751.16M, resulting in an operating margin of 26.6%.

FN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Fabrinet reported a net income of 112.63M and revenue of 1.13B, resulting in a net margin of 9.9%.

MPWR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Monolithic Power Systems, Inc. reported a net income of 170.14M and revenue of 751.16M, resulting in a net margin of 22.7%.