Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. More Details
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Himax Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HIMX has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HIMX exceeded the US Semiconductor industry which returned 36.5% over the past year.
Return vs Market: HIMX exceeded the US Market which returned 12.8% over the past year.
Price Volatility Vs. Market
How volatile is Himax Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDoes Himax Technologies (NASDAQ:HIMX) Have A Healthy Balance Sheet?
2 months ago | Simply Wall StHimax Technologies'(NASDAQ:HIMX) Share Price Is Down 53% Over The Past Five Years.
3 months ago | Simply Wall StDoes Market Volatility Impact Himax Technologies, Inc.'s (NASDAQ:HIMX) Share Price?
Is Himax Technologies undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: HIMX ($3.55) is trading above our estimate of fair value ($1.56)
Significantly Below Fair Value: HIMX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HIMX is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: HIMX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HIMX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HIMX is good value based on its PB Ratio (1.4x) compared to the US Semiconductor industry average (3.2x).
How is Himax Technologies forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HIMX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: HIMX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HIMX's is expected to become profitable in the next 3 years.
Revenue vs Market: HIMX's revenue (11.3% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: HIMX's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HIMX's Return on Equity is forecast to be low in 3 years time (8.5%).
How has Himax Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HIMX is currently unprofitable.
Growing Profit Margin: HIMX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HIMX is unprofitable, and losses have increased over the past 5 years at a rate of 44.9% per year.
Accelerating Growth: Unable to compare HIMX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HIMX is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (7.5%).
Return on Equity
High ROE: HIMX has a negative Return on Equity (-0.82%), as it is currently unprofitable.
How is Himax Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: HIMX's short term assets ($664.1M) exceed its short term liabilities ($425.4M).
Long Term Liabilities: HIMX's short term assets ($664.1M) exceed its long term liabilities ($11.3M).
Debt to Equity History and Analysis
Debt Level: HIMX's debt to equity ratio (51.1%) is considered high.
Reducing Debt: HIMX's debt to equity ratio has increased from 29.7% to 51.1% over the past 5 years.
Debt Coverage: HIMX's debt is well covered by operating cash flow (22%).
Interest Coverage: Insufficient data to determine if HIMX's interest payments on its debt are well covered by EBIT.
What is Himax Technologies's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HIMX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HIMX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HIMX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HIMX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HIMX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HIMX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Jordan Wu (59 yo)
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 Technologi ...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Himax Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Himax Technologies, Inc.
- Ticker: HIMX
- Exchange: NasdaqGS
- Founded: 2001
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$611.253m
- Shares outstanding: 172.18m
- Website: https://www.himax.com.tw
Number of Employees
- Himax Technologies, Inc.
- No.26, Zih Lian Road
- Sinshih District
- Tainan City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HIMX||NasdaqGS (Nasdaq Global Select)||Yes||SPONS ADR EA REPR 2 ORD SHS NPV||US||USD||Mar 2006|
|H6Q||DB (Deutsche Boerse AG)||Yes||SPONS ADR EA REPR 2 ORD SHS NPV||DE||EUR||Mar 2006|
|0J5H||LSE (London Stock Exchange)||Yes||SPONS ADR EA REPR 2 ORD SHS NPV||GB||USD||Mar 2006|
Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company opera ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 06:12|
|End of Day Share Price||2020/09/18 00:00|
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.