Multiple‐output flyback converters are widely used in switching power supplies due to their low component count and cost‐effective structure. The main problem of this structure is how to balance output voltages in different load conditions. This paper proposes a new approach for single‐input multiple‐output flyback converters operating in DCM and CCM by a small‐signal averaged model. The averaged model is derived by presenting the piecewise‐linear waveform for the inductor currents inside the converter. In DCM, the magnetizing current and currents through the output windings reach zero when the switch is turned off. In CCM, the magnetizing current of the converter is continuous over a switching interval and this possibility exists that only some of the output diodes completely conduct when the switch is off. The proposed model of the converter can be used in a wide range of operations within identical and non‐identical loading conditions. Using a laboratory prototype, several case studies and input‐to‐output transfer functions are considered to verify the proposed model. The controller design is performed for the both CCM and DCM, and then dynamic characteristics of the overall system are evaluated.

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