Himax Stock Financials

HIMX
 Stock
  

USD 6.96  0.14  1.97%   

You can harness Himax Technologies fundamental data analysis to find out if markets are presently mispricing the company. We have collected data for fourty available reported financial drivers for Himax Technologies, which can be compared to its competitors. To ensure the equity is not overpriced, please check out all Himax Technologies financials, including its price to sales, short ratio, z score, as well as the relationship between the cash per share and market capitalization . Given that Himax Technologies has a price to earning of 26.23 X, we strongly advise you to confirm Himax Technologies regular market performance to make sure the company can sustain itself down the road. Use Himax Technologies to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Himax Technologies to be traded at $6.75 in 90 days.
  
With this module, you can analyze Himax financials for your investing period. You should be able to track the changes in Himax Technologies individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Himax Most Recent Estimates

Quarterly Earnings Growth YOY
(0.93) 
EPS Estimate Next Quarter
0.12
Diluted Eps
1.93
EPS Estimate Current Year
1.31
EPS Estimate Next Year
0.54
EPS Estimate Current Quarter
0.14
Understanding current and past Himax Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Himax Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Himax Technologies' assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 11
Himax Technologies has less than 11 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Himax Technologies stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Himax Technologies' official financial statements usually reflect Himax Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Himax Technologies. For example, before you start analyzing numbers published by Himax accountants, it's critical to develop an understanding of what Himax Technologies' liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of Himax Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Himax Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Himax Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Himax Technologies. Please utilize our Beneish M Score to check the likelihood of Himax Technologies' management to manipulate its earnings.

Himax Technologies Company Summary

Himax Technologies competes with Dupont De, Fidelity MSCI, Bondbloxx ETF, Merck, and VANGUARD SMALL-CAP. Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan. Himax Technologies operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 2100 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS43289P1066
Business AddressNo26, Zih Lian
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.himax.com.tw
Phone886 6 505 0880
CurrencyUSD - US Dollar
You should never invest in Himax Technologies without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Himax Stock, because this is throwing your money away. Analyzing the key information contained in Himax Technologies' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Himax Technologies Key Financial Ratios

Generally speaking, Himax Technologies' financial ratios allow both analysts and investors to convert raw data from Himax Technologies' financial statements into concise, actionable information that can be used to evaluate the performance of Himax Technologies over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Himax Technologies reports annually and quarterly.

Himax Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Himax Technologies's current stock value. Our valuation model uses many indicators to compare Himax Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Himax Technologies competition to find correlations between indicators driving Himax Technologies's intrinsic value. More Info.
Himax Technologies is one of the top stocks in price to earnings to growth category among related companies. It is one of the top stocks in current ratio category among related companies fabricating about  0.63  of Current Ratio per Price to Earnings To Growth. The ratio of Price to Earnings To Growth to Current Ratio for Himax Technologies is roughly  1.59 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Himax Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Himax Technologies' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Himax Technologies' earnings, one of the primary drivers of an investment's value.

Himax Technologies Systematic Risk

Himax Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Himax Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Himax Technologies correlated with the market. If Beta is less than 0 Himax Technologies generally moves in the opposite direction as compared to the market. If Himax Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Himax Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Himax Technologies is generally in the same direction as the market. If Beta > 1 Himax Technologies moves generally in the same direction as, but more than the movement of the benchmark.
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About Himax Technologies Financials

What exactly are Himax Technologies Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Himax Technologies' income statement, its balance sheet, and the statement of cash flows. Potential Himax Technologies investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Himax Technologies investors may use each financial statement separately, they are all related. The changes in Himax Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Himax Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Himax Technologies is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Himax has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Himax Technologies December 7, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Himax Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Himax Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Himax Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Himax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Himax Technologies's daily price indicators and compare them against related drivers.
Downside Deviation2.89
Information Ratio0.068
Maximum Drawdown18.26
Value At Risk(4.95)
Potential Upside6.04
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Is Himax Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Himax Technologies. If investors know Himax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Himax Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.93) 
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
(0.49) 
Return On Assets
0.1667
Return On Equity
0.424
The market value of Himax Technologies is measured differently than its book value, which is the value of Himax that is recorded on the company's balance sheet. Investors also form their own opinion of Himax Technologies' value that differs from its market value or its book value, called intrinsic value, which is Himax Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Himax Technologies' market value can be influenced by many factors that don't directly affect Himax Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Himax Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Himax Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Himax Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.