Himax Technologies, Inc. Logo

Himax Technologies, Inc.

HIMX

(2.0)
Stock Price

5,48 USD

4.36% ROA

5.94% ROE

7.7x PER

Market Cap.

1.065.684.968,00 USD

59.15% DER

7.86% Yield

5.37% NPM

Himax Technologies, Inc. Stock Analysis

Himax Technologies, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Himax Technologies, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (50%), which means it has a small amount of debt compared to the ownership it holds

2 ROE

The stock's ROE falls within an average range (7.63%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (4.12%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.3x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

6 Dividend

The company's history of regular dividend distributions in the last three years showcases its ability to generate reliable income for shareholders.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (144), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

10 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Himax Technologies, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Himax Technologies, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Himax Technologies, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Himax Technologies, Inc. Revenue
Year Revenue Growth
2002 56.478.000
2003 0 0%
2004 300.273.000 100%
2005 540.204.000 44.41%
2006 744.518.000 27.44%
2007 918.211.000 18.92%
2008 832.799.000 -10.26%
2009 692.381.000 -20.28%
2010 642.692.000 -7.73%
2011 633.021.000 -1.53%
2012 737.255.000 14.14%
2013 770.739.000 4.34%
2014 840.542.000 8.3%
2015 691.789.000 -21.5%
2016 802.917.000 13.84%
2017 685.167.000 -17.19%
2018 723.605.000 5.31%
2019 671.835.000 -7.71%
2020 887.282.000 24.28%
2021 1.547.097.000 42.65%
2022 1.201.339.000 -28.78%
2023 954.060.000 -25.92%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Himax Technologies, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2002 7.800.000
2003 21.077.000 62.99%
2004 24.021.000 12.26%
2005 41.278.000 41.81%
2006 60.655.000 31.95%
2007 73.906.000 17.93%
2008 87.574.000 15.61%
2009 71.364.000 -22.71%
2010 76.426.000 6.62%
2011 79.042.000 3.31%
2012 70.913.000 -11.46%
2013 80.368.000 11.76%
2014 91.839.000 12.49%
2015 94.422.000 2.74%
2016 95.820.000 1.46%
2017 117.757.000 18.63%
2018 123.037.000 4.29%
2019 114.859.000 -7.12%
2020 122.265.000 6.06%
2021 151.386.000 19.24%
2022 175.557.000 13.77%
2023 197.776.000 11.23%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Himax Technologies, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 4.614.000 100%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 19.353.000 100%
2009 16.346.000 -18.4%
2010 18.770.000 12.91%
2011 17.095.000 -9.8%
2012 17.139.000 0.26%
2013 18.147.000 5.55%
2014 20.192.000 10.13%
2015 18.470.000 -9.32%
2016 20.119.000 8.2%
2017 20.614.000 2.4%
2018 21.823.000 5.54%
2019 23.672.000 7.81%
2020 23.915.000 1.02%
2021 29.281.000 18.33%
2022 28.503.000 -2.73%
2023 28.200.000 -1.07%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Himax Technologies, Inc. EBITDA
Year EBITDA Growth
2002 992.000
2003 -128.462.000 100.77%
2004 35.639.000 460.45%
2005 69.810.000 48.95%
2006 72.395.000 3.57%
2007 113.908.000 36.44%
2008 75.815.000 -50.24%
2009 57.910.000 -30.92%
2010 49.181.000 -17.75%
2011 29.610.000 -66.1%
2012 81.050.000 63.47%
2013 89.467.000 9.41%
2014 89.056.000 -0.46%
2015 45.595.000 -95.32%
2016 72.930.000 37.48%
2017 25.874.000 -181.87%
2018 26.912.000 3.86%
2019 7.756.000 -246.98%
2020 82.028.000 90.54%
2021 566.196.000 85.51%
2022 293.938.000 -92.62%
2023 72.840.000 -303.54%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Himax Technologies, Inc. Gross Profit
Year Gross Profit Growth
2002 11.165.000
2003 -100.102.000 111.15%
2004 64.300.000 255.68%
2005 120.824.000 46.78%
2006 142.953.000 15.48%
2007 202.048.000 29.25%
2008 204.106.000 1.01%
2009 141.825.000 -43.91%
2010 135.045.000 -5.02%
2011 125.572.000 -7.54%
2012 170.555.000 26.37%
2013 191.853.000 11.1%
2014 205.882.000 6.81%
2015 163.138.000 -26.2%
2016 194.312.000 16.04%
2017 167.025.000 -16.34%
2018 168.915.000 1.12%
2019 137.919.000 -22.47%
2020 220.781.000 37.53%
2021 748.578.000 70.51%
2022 487.106.000 -53.68%
2023 299.292.000 -62.75%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Himax Technologies, Inc. Net Profit
Year Net Profit Growth
2002 513.000
2003 -581.000 188.3%
2004 36.000.000 101.61%
2005 61.558.000 41.52%
2006 75.190.000 18.13%
2007 112.596.000 33.22%
2008 76.381.000 -47.41%
2009 39.650.000 -92.64%
2010 33.206.000 -19.41%
2011 10.706.000 -210.16%
2012 51.169.000 79.08%
2013 61.476.000 16.77%
2014 66.598.000 7.69%
2015 25.195.000 -164.33%
2016 50.912.000 50.51%
2017 27.967.000 -82.04%
2018 8.569.000 -226.37%
2019 -16.184.000 152.95%
2020 47.134.000 134.34%
2021 436.896.000 89.21%
2022 236.982.000 -84.36%
2023 44.944.000 -427.28%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Himax Technologies, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 1 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 3 100%
2022 1 -100%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Himax Technologies, Inc. Free Cashflow
Year Free Cashflow Growth
2002 -3.884.000
2003 -1.593.000 -143.82%
2004 -8.688.000 81.66%
2005 -2.269.000 -282.9%
2006 11.867.000 119.12%
2007 58.164.000 79.6%
2008 119.010.000 51.13%
2009 63.173.000 -88.39%
2010 50.459.000 -25.2%
2011 24.589.000 -105.21%
2012 45.607.000 46.09%
2013 33.982.000 -34.21%
2014 82.788.000 58.95%
2015 12.547.000 -559.82%
2016 76.770.000 83.66%
2017 -10.425.000 836.4%
2018 -46.588.000 77.62%
2019 -38.418.000 -21.27%
2020 96.737.000 139.71%
2021 380.246.000 74.56%
2022 70.780.000 -437.22%
2023 13.360.000 -429.79%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Himax Technologies, Inc. Operating Cashflow
Year Operating Cashflow Growth
2002 -3.884.000
2003 -1.593.000 -143.82%
2004 -8.688.000 81.66%
2005 12.464.000 169.7%
2006 29.696.000 58.03%
2007 77.162.000 61.51%
2008 136.500.000 43.47%
2009 73.630.000 -85.39%
2010 57.631.000 -27.76%
2011 43.448.000 -32.64%
2012 52.167.000 16.71%
2013 52.394.000 0.43%
2014 93.719.000 44.09%
2015 22.529.000 -315.99%
2016 84.672.000 73.39%
2017 29.393.000 -188.07%
2018 4.009.000 -633.18%
2019 7.656.000 47.64%
2020 102.610.000 92.54%
2021 388.276.000 73.57%
2022 82.908.000 -368.32%
2023 16.043.000 -416.79%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Himax Technologies, Inc. Capital Expenditure
Year Capital Expenditure Growth
2002 0
2003 0 0%
2004 0 0%
2005 14.733.000 100%
2006 17.829.000 17.36%
2007 18.998.000 6.15%
2008 17.490.000 -8.62%
2009 10.457.000 -67.26%
2010 7.172.000 -45.8%
2011 18.859.000 61.97%
2012 6.560.000 -187.48%
2013 18.412.000 64.37%
2014 10.931.000 -68.44%
2015 9.982.000 -9.51%
2016 7.902.000 -26.32%
2017 39.818.000 80.15%
2018 50.597.000 21.3%
2019 46.074.000 -9.82%
2020 5.873.000 -684.51%
2021 8.030.000 26.86%
2022 12.128.000 33.79%
2023 2.683.000 -352.03%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Himax Technologies, Inc. Equity
Year Equity Growth
2002 17.448.000
2003 52.289.000 66.63%
2004 104.860.000 50.13%
2005 165.831.000 36.77%
2006 363.927.000 54.43%
2007 451.309.000 19.36%
2008 463.171.000 2.56%
2009 419.453.000 -10.42%
2010 405.878.000 -3.34%
2011 393.437.000 -3.16%
2012 427.381.000 7.94%
2013 449.824.000 4.99%
2014 472.624.000 4.82%
2015 438.704.000 -7.73%
2016 467.733.000 6.21%
2017 456.648.000 -2.43%
2018 442.287.000 -3.25%
2019 431.244.000 -2.56%
2020 485.199.000 11.12%
2021 871.982.000 44.36%
2022 893.821.000 2.44%
2023 837.675.000 -6.7%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Himax Technologies, Inc. Assets
Year Assets Growth
2002 29.423.000
2003 96.159.000 69.4%
2004 157.770.000 39.05%
2005 327.239.000 51.79%
2006 518.794.000 36.92%
2007 652.762.000 20.52%
2008 565.548.000 -15.42%
2009 550.446.000 -2.74%
2010 617.490.000 10.86%
2011 644.978.000 4.26%
2012 677.047.000 4.74%
2013 759.327.000 10.84%
2014 832.994.000 8.84%
2015 802.337.000 -3.82%
2016 799.634.000 -0.34%
2017 802.055.000 0.3%
2018 836.678.000 4.14%
2019 818.481.000 -2.22%
2020 909.818.000 10.04%
2021 1.603.194.000 43.25%
2022 1.701.758.000 5.79%
2023 1.617.734.000 -5.19%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Himax Technologies, Inc. Liabilities
Year Liabilities Growth
2002 11.975.000
2003 43.870.000 72.7%
2004 52.246.000 16.03%
2005 160.784.000 67.51%
2006 153.471.000 -4.77%
2007 190.364.000 19.38%
2008 95.542.000 -99.25%
2009 126.374.000 24.4%
2010 210.514.000 39.97%
2011 249.920.000 15.77%
2012 248.782.000 -0.46%
2013 310.768.000 19.95%
2014 364.697.000 14.79%
2015 360.996.000 -1.03%
2016 331.483.000 -8.9%
2017 347.142.000 4.51%
2018 394.391.000 11.98%
2019 387.237.000 -1.85%
2020 424.619.000 8.8%
2021 731.212.000 41.93%
2022 807.937.000 9.5%
2023 780.059.000 -3.57%

Himax Technologies, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
11.24
Net Income per Share
0.79
Price to Earning Ratio
7.7x
Price To Sales Ratio
1.09x
POCF Ratio
5.95
PFCF Ratio
13.54
Price to Book Ratio
0.64
EV to Sales
1.44
EV Over EBITDA
15.08
EV to Operating CashFlow
15.78
EV to FreeCashFlow
17.97
Earnings Yield
0.13
FreeCashFlow Yield
0.07
Market Cap
1,07 Bil.
Enterprise Value
1,41 Bil.
Graham Number
13.09
Graham NetNet
-3.53

Income Statement Metrics

Net Income per Share
0.79
Income Quality
1.31
ROE
0.08
Return On Assets
0.03
Return On Capital Employed
0.05
Net Income per EBT
1.14
EBT Per Ebit
1.03
Ebit per Revenue
0.05
Effective Tax Rate
-0.12

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0.17
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.28
Operating Profit Margin
0.05
Pretax Profit Margin
0.05
Net Profit Margin
0.05

Dividends

Dividend Yield
0.08
Dividend Yield %
7.86
Payout Ratio
4.36
Dividend Per Share
0.48

Operating Metrics

Operating Cashflow per Share
1.03
Free CashFlow per Share
0.9
Capex to Operating CashFlow
-0.12
Capex to Revenue
-0.01
Capex to Depreciation
-0.53
Return on Invested Capital
0.05
Return on Tangible Assets
0.04
Days Sales Outstanding
93
Days Payables Outstanding
56.68
Days of Inventory on Hand
134.31
Receivables Turnover
3.92
Payables Turnover
6.44
Inventory Turnover
2.72
Capex per Share
-0.12

Balance Sheet

Cash per Share
1,78
Book Value per Share
9,60
Tangible Book Value per Share
9.27
Shareholders Equity per Share
9.6
Interest Debt per Share
5.75
Debt to Equity
0.59
Debt to Assets
0.31
Net Debt to EBITDA
3.71
Current Ratio
1.75
Tangible Asset Value
0,81 Bil.
Net Current Asset Value
0,44 Bil.
Invested Capital
0.59
Working Capital
0,52 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,24 Bil.
Average Payables
0,12 Bil.
Average Inventory
278439000
Debt to Market Cap
0.46

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Himax Technologies, Inc. Dividends
Year Dividends Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2021 0 0%
2022 1 100%
2023 0 0%

Himax Technologies, Inc. Profile

About Himax Technologies, Inc.

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 operates through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; light-emitting diode driver and power management ICs; and liquid crystal on silicon microdisplays for augmented reality (AR) devices and head-up displays for the automotive industry. In addition, it offers complementary metal-oxide-semiconductor image sensors and wafer-level optics for AR devices, 3D sensing, and ultra-low power AI image sensing, which are used in various applications, such as mobile phones, tablets, laptops, TV, PC camera, automobile, security, medical devices, home appliance, Internet of Things, etc. 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. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.

CEO
Mr. Jordan Wu
Employee
2.200
Address
No.26, Zih Lian Road
Tainan City, 74148

Himax Technologies, Inc. Executives & BODs

Himax Technologies, Inc. Executives & BODs
# Name Age
1 Mr. Jordan Wu
Co-Founder, President, Chief Executive Officer & Director
70
2 Mr. Greg Falesnik
Managing Director of Investor Relations - US Representative
70
3 Mr. Tzung-I Li
Chief of IR/PR Officer & Spokesperson
70
4 Mr. Chang Tsai Hsien
Vice President of Sales & Operations
70
5 Dr. Biing-Seng Wu
Founder & Chairman of the Board
70
6 Ms. Ming-Feng Pan
Chief Financial Officer
70

Himax Technologies, Inc. Competitors