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Himax Technologies

Nasdaq:HIMX
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HIMX
Nasdaq
$616M
Market Cap
  1. Home
  2. US
  3. Semiconductors
Company description

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies worldwide. The last earnings update was 76 days ago. More info.


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  • Himax Technologies has significant price volatility in the past 3 months.
HIMX Share Price and Events
7 Day Returns
-4.2%
NasdaqGS:HIMX
-0.1%
US Semiconductor
0.7%
US Market
1 Year Returns
-55.2%
NasdaqGS:HIMX
-16.1%
US Semiconductor
-8.1%
US Market
HIMX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Himax Technologies (HIMX) -4.2% 13.1% -36.5% -55.2% -50.3% -73.6%
US Semiconductor -0.1% 10.1% 3.8% -16.1% 88.2% 119.8%
US Market 0.7% 10.2% -1% -8.1% 38.8% 38.9%
1 Year Return vs Industry and Market
  • HIMX underperformed the Semiconductor industry which returned -16.1% over the past year.
  • HIMX underperformed the Market in United States of America which returned -8.1% over the past year.
Price Volatility
HIMX
Industry
5yr Volatility vs Market
Related Companies

HIMX Value

 Is Himax Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Himax Technologies. This is due to cash flow or dividend data being unavailable. The share price is $3.62.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Himax Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Himax Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:HIMX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $0.14
NasdaqGS:HIMX Share Price ** NasdaqGS (2019-01-23) in USD $3.62
United States of America Semiconductor Industry PE Ratio Median Figure of 65 Publicly-Listed Semiconductor Companies 17.86x
United States of America Market PE Ratio Median Figure of 3,026 Publicly-Listed Companies 16.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Himax Technologies.

NasdaqGS:HIMX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:HIMX Share Price ÷ EPS (both in USD)

= 3.62 ÷ 0.14

26.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Himax Technologies is overvalued based on earnings compared to the US Semiconductor industry average.
  • Himax Technologies is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Himax Technologies's expected growth come at a high price?
Raw Data
NasdaqGS:HIMX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
78.5%per year
United States of America Semiconductor Industry PEG Ratio Median Figure of 61 Publicly-Listed Semiconductor Companies 1.06x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

NasdaqGS:HIMX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 26.09x ÷ 78.5%

0.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Himax Technologies is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Himax Technologies's assets?
Raw Data
NasdaqGS:HIMX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $2.55
NasdaqGS:HIMX Share Price * NasdaqGS (2019-01-23) in USD $3.62
United States of America Semiconductor Industry PB Ratio Median Figure of 105 Publicly-Listed Semiconductor Companies 2.33x
United States of America Market PB Ratio Median Figure of 5,102 Publicly-Listed Companies 1.75x
NasdaqGS:HIMX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:HIMX Share Price ÷ Book Value per Share (both in USD)

= 3.62 ÷ 2.55

1.42x

* Primary Listing of Himax Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Himax Technologies is good value based on assets compared to the US Semiconductor industry average.
X
Value checks
We assess Himax Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Semiconductor industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Semiconductor industry average (and greater than 0)? (1 check)
  5. Himax Technologies has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HIMX Future Performance

 How is Himax Technologies expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
78.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Himax Technologies expected to grow at an attractive rate?
  • Himax Technologies's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Himax Technologies's earnings growth is expected to exceed the United States of America market average.
  • Himax Technologies's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:HIMX Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:HIMX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 78.5%
NasdaqGS:HIMX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 15.8%
United States of America Semiconductor Industry Earnings Growth Rate Market Cap Weighted Average 5.2%
United States of America Semiconductor Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.6%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:HIMX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:HIMX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,001 69 2
2019-12-31 844 30 7
2018-12-31 725 -20 5 6
NasdaqGS:HIMX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 714 10 24
2018-06-30 722 25 27
2018-03-31 693 26 24
2017-12-31 685 29 28
2017-09-30 708 68 9
2017-06-30 728 54 19
2017-03-31 778 69 39
2016-12-31 803 85 51
2016-09-30 777 63 53
2016-06-30 725 75 37
2016-03-31 693 48 26
2015-12-31 692 23 25

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Himax Technologies's earnings are expected to grow significantly at over 20% yearly.
  • Himax Technologies's revenue is expected to grow by 15.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:HIMX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Himax Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HIMX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.40 0.40 0.40 1.00
2019-12-31 0.18 0.30 0.01 5.00
2018-12-31 0.03 0.03 0.02 5.00
NasdaqGS:HIMX Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 0.14
2018-06-30 0.15
2018-03-31 0.14
2017-12-31 0.16
2017-09-30 0.05
2017-06-30 0.11
2017-03-31 0.23
2016-12-31 0.30
2016-09-30 0.31
2016-06-30 0.21
2016-03-31 0.15
2015-12-31 0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Himax Technologies is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Himax Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Himax Technologies has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HIMX Past Performance

  How has Himax Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Himax Technologies's growth in the last year to its industry (Semiconductor).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Himax Technologies's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Himax Technologies's 1-year earnings growth exceeds its 5-year average (170.3% vs -23.2%)
  • Himax Technologies's earnings growth has exceeded the US Semiconductor industry average in the past year (170.3% vs 8.4%).
Earnings and Revenue History
Himax Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Himax Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HIMX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 713.68 23.94 42.90 122.10
2018-06-30 722.44 26.65 43.63 124.99
2018-03-31 692.81 23.92 41.95 122.46
2017-12-31 685.17 27.97 41.12 117.76
2017-09-30 707.53 8.86 40.41 110.07
2017-06-30 728.46 18.77 40.08 103.87
2017-03-31 777.81 39.19 39.66 97.75
2016-12-31 802.92 50.91 39.26 95.82
2016-09-30 777.45 52.60 38.57 96.57
2016-06-30 724.95 36.67 37.54 95.69
2016-03-31 693.06 25.72 37.55 96.52
2015-12-31 691.79 25.20 38.04 94.42
2015-09-30 740.99 34.69 39.11 94.64
2015-06-30 797.73 48.17 41.92 95.11
2015-03-31 824.95 63.45 41.94 92.69
2014-12-31 840.54 66.60 41.32 91.84
2014-09-30 808.60 66.80 41.25 88.13
2014-06-30 779.09 67.92 39.02 83.71
2014-03-31 789.65 63.16 38.07 81.93
2013-12-31 770.74 61.48 37.14 80.37
2013-09-30 766.15 60.42 34.44 77.77
2013-06-30 763.75 58.56 33.36 75.84
2013-03-31 746.30 54.32 32.82 73.11
2012-12-31 737.26 51.60 32.24 70.91
2012-09-30 715.84 40.55 31.93 72.58
2012-06-30 687.55 30.78 31.50 72.37
2012-03-31 658.62 19.30 31.19 76.21

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Himax Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Himax Technologies used its assets less efficiently than the US Semiconductor industry average last year based on Return on Assets.
  • Himax Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Himax Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Semiconductor industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Himax Technologies has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HIMX Health

 How is Himax Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Himax Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Himax Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Himax Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Himax Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Himax Technologies Company Filings, last reported 3 months ago.

NasdaqGS:HIMX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 435.80 164.00 102.95
2018-06-30 435.79 147.00 126.70
2018-03-31 450.69 147.00 151.92
2017-12-31 458.57 147.00 148.90
2017-09-30 435.15 147.00 151.61
2017-06-30 431.30 107.00 185.87
2017-03-31 473.16 107.00 199.46
2016-12-31 471.81 138.00 194.61
2016-09-30 468.71 138.00 153.36
2016-06-30 455.08 138.00 179.34
2016-03-31 458.23 180.00 167.96
2015-12-31 445.00 180.00 148.34
2015-09-30 439.87 180.00 126.01
2015-06-30 440.86 130.00 164.52
2015-03-31 484.06 130.00 178.77
2014-12-31 471.95 130.00 187.84
2014-09-30 456.15 137.50 147.67
2014-06-30 445.03 105.50 172.93
2014-03-31 467.95 105.50 139.67
2013-12-31 452.22 105.50 128.11
2013-09-30 435.39 115.00 133.88
2013-06-30 417.89 73.00 147.12
2013-03-31 441.65 73.00 158.88
2012-12-31 428.16 73.00 138.91
2012-09-30 414.25 73.00 88.99
2012-06-30 404.13 63.00 103.16
2012-03-31 400.49 84.20 102.08
  • Himax Technologies's level of debt (37.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (26.4% vs 37.6% today).
  • Debt is not well covered by operating cash flow (6.1%, less than 20% of total debt).
  • Himax Technologies earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Himax Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Himax Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HIMX Dividends

 What is Himax Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.76%
Current annual income from Himax Technologies dividends. Estimated to be 6.54% next year.
If you bought $2,000 of Himax Technologies shares you are expected to receive $55 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Himax Technologies's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).
  • Himax Technologies's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:HIMX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
United States of America Semiconductor Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1986 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:HIMX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.30 1.00
2019-12-31 0.20 2.00
2018-12-31 0.02 2.00
NasdaqGS:HIMX Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-06-19 0.100 1.922
2017-06-23 0.240 2.766
2016-08-11 0.130 1.742
2016-06-20 0.130 1.490
2015-08-07 0.300 3.707
2015-05-14 0.300 4.023
2015-04-15 0.300 4.850
2014-08-07 0.270 3.489
2014-06-09 0.270 4.216
2013-08-15 0.250 2.523
2013-05-06 0.126 2.020
2012-08-08 0.126 4.945
2012-06-11 0.126 7.417
2011-11-09 0.120 8.137
2011-06-03 0.120 8.455
2011-05-20 0.250 11.689
2011-02-09 0.250 10.320
2010-11-08 0.250 10.895
2010-05-20 0.250 9.465
2010-02-08 0.300 9.935
2009-11-03 0.600 21.412
2009-05-18 0.300 9.039
2009-05-15 0.350 13.842
2009-02-18 0.350 15.619
2009-01-26 0.350 20.939

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Himax Technologies's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1x coverage).
X
Income/ dividend checks
We assess Himax Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Himax Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Himax Technologies has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HIMX Management

 What is the CEO of Himax Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jordan Wu
COMPENSATION $0
AGE 57
CEO Bio

Mr. Jordan Wu serves as the Chief Executive Officer and President at Himax Display, Inc. Mr. Wu founded to Himax Technologies, Inc. He has been the Chief Executive Officer and President at Himax Technologies, Inc. Prior to Himax Technologies, Inc. reorganization in October 2005. Mr. Wu served as the Chairman of Himax Taiwan, a position that he held since April 2003. Prior to joining Himax Taiwan, Mr. Wu served as the Chief Executive Officer of TV Plus Technologies, Inc. and Chief Financial Officer and Executive Director of DVN Holdings Ltd. in Hong Kong. Prior to that, he served as an Investment Banker at Merrill Lynch (Asia Pacific) Limited, Barclays de Zoete Wedd (Asia) Limited and Baring Securities, based in Hong Kong and Taipei. He serves as the Chairman of Himax Media Solutions, Inc. Mr. Wu also serves as a Director of Himax Display and Amazion. He has been a Director of Eastern Multimedia Co., Ltd. since January 2000 and Jemitek Electronics Corp. since June 2003. Mr. Wu serves as a Director at Himax Technologies, Inc. Mr. Wu holds a B.S. degree in Mechanical Engineering from National Taiwan University and an M.B.A. degree from the University of Rochester.

CEO Compensation
  • Insufficient data for Jordan to compare compensation growth.
  • Insufficient data for Jordan to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Biing-Seng Wu

TITLE
Founder & Chairman of the Board
AGE
60

Jordan Wu

TITLE
Founder
AGE
57

Norman Hung

TITLE
Executive Vice President of Sales & Marketing
AGE
60

Jackie Chang

TITLE
Chief Financial Officer
AGE
58
TENURE
7 yrs

David Lyou

TITLE
Executive Vice President of Design & Engineering Center / Business Center III

Greg Falesnik

TITLE
Managing Director of Investor Relations - US Representative
Board of Directors

Biing-Seng Wu

TITLE
Founder & Chairman of the Board
AGE
60

Jordan Wu

TITLE
Founder
AGE
57

Yuan-Chuan Horng

TITLE
Director
AGE
66

Yan-Kuin Su

TITLE
Independent Director
AGE
69

Hsiung-Ku Chen

TITLE
Director
AGE
66
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Himax Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Himax Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HIMX News

Simply Wall St News

A Closer Look At Himax Technologies, Inc.'s (NASDAQ:HIMX) Uninspiring ROE

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.049 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should You Buy Himax Technologies, Inc. (NASDAQ:HIMX) For Its 2.9% Dividend?

Historically, Himax Technologies, Inc. … Does Himax Technologies tick all the boxes of a great dividend stock? … Check out our latest analysis for Himax Technologies

Simply Wall St -

What Type Of Shareholder Owns Himax Technologies, Inc.'s (NASDAQ:HIMX)?

A look at the shareholders of Himax Technologies, Inc. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … View our latest analysis for Himax Technologies

Simply Wall St -

Himax Technologies Inc (NASDAQ:HIMX) Has Attractive Fundamentals

I've been keeping an eye on Himax Technologies Inc (NASDAQ:HIMX) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe HIMX has a lot to offer. … is a company with

Simply Wall St -

Is Himax Technologies Inc (NASDAQ:HIMX) A Financially Sound Company?

Himax Technologies Inc (NASDAQ:HIMX) is a small-cap stock with a market capitalization of US$769m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is

Simply Wall St -

What Does Himax Technologies Inc's (NASDAQ:HIMX) P/E Ratio Tell You?

We'll look at Himax Technologies Inc's (NASDAQ:HIMX) P/E ratio and reflect on what it tells us about the company's share price. … Himax Technologies has a price to earnings ratio of 35.02, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Why Himax Technologies Inc's (NASDAQ:HIMX) Ownership Structure Is Important

I am going to take a deep dive into Himax Technologies Inc’s (NASDAQ:HIMX) most recent ownership structure, not a frequent subject of discussion among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

Looking At Himax Technologies Inc (NASDAQ:HIMX) From All Angles

I've been keeping an eye on Himax Technologies Inc (NASDAQ:HIMX) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe HIMX has a lot to offer. … is a company with

Simply Wall St -

Is Himax Technologies Inc's (NASDAQ:HIMX) Balance Sheet A Threat To Its Future?

Himax Technologies Inc (NASDAQ:HIMX) is a small-cap stock with a market capitalization of US$1.31b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Is It Time To Sell Himax Technologies Inc (NASDAQ:HIMX) Based Off Its PE Ratio?

Yes, this excessive multiple can initially be deterring, but there are many company-specific elements which are not captured in such a static ratio – such as its growth outlook and debt obligations … To resolve this problem, I’ll identify some important factors to consider when judging the relative valuation of

Simply Wall St -

HIMX Company Info

Map
Description

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies worldwide. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers used in televisions (TVs), laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and other consumer electronics devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; LED driver and power management ICs; scaler products for monitors and projectors; tailor-made video processing IC solutions; silicon IPs; and liquid crystal on silicon micro-displays for augmented reality (AR) devices and head-up displays for automotive industry. In addition, it offers digital camera solutions, including complementary metal oxide semiconductor image sensors and wafer level optics for AR devices, 3D sensing, and machine vision, which are used in various applications, such as mobile phone, tablet, laptop, TV, PC camera, automobile, security, medical devices, and Internet on Things. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and non-driver products to camera module manufacturers, optical engine manufacturers, and television system manufacturers. Himax Technologies, Inc. has a collaboration with Kneron to develop and commercialize a 3D sensing and AI-enabled security and surveillance solution. The company was founded in 2001 and is headquartered in Tainan City, Taiwan.

Details
Name: Himax Technologies, Inc.
HIMX
Exchange: NasdaqGS
Founded: 2001
$616,131,410
172,103,746
Website: http://www.himax.com.tw
Address: Himax Technologies, Inc.
No.26, Zih Lian Road,
Sinshih District,
Tainan City,
74148,
Taiwan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS HIMX SPONS ADR EA REPR 2 ORD SHS NPV Nasdaq Global Select US USD 31. Mar 2006
DB H6Q SPONS ADR EA REPR 2 ORD SHS NPV Deutsche Boerse AG DE EUR 31. Mar 2006
Number of employees
Current staff
Staff numbers
2,200
Himax Technologies employees.
Industry
Semiconductors
Semiconductors
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/23 23:55
End of day share price update: 2019/01/23 00:00
Last estimates confirmation: 2018/11/30
Last earnings filing: 2018/11/08
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.