Himax Stock Analysis

HIMX
 Stock
  

USD 7.00  0.04  0.57%   

Himax Technologies price slide over the last few months may raise some interest from investors. The stock closed today at a share price of 7.00 on 1,244,200 in trading volume. The company directors and management were not very successful in positioning the firm resources to exploit market volatility in July. However, diversifying your holdings with Himax Technologies or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.29. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Himax Technologies partners.
Please check Risk vs Return Analysis.
  
The Himax Technologies stock analysis report makes it easy to digest most publicly released information about Himax Technologies and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Himax Stock analysis module also helps to analyze the Himax Technologies price relationship with some important fundamental indicators such as market cap and management efficiency.

Himax Stock Analysis Notes

About 30.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.81. Some equities with similar Price to Book (P/B) outperform the market in the long run. Himax Technologies has Price/Earnings To Growth (PEG) ratio of 0.07. The entity last dividend was issued on the 29th of June 2022. 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. To learn more about Himax Technologies call Jordan Wu at 886 6 505 0880 or check out https://www.himax.com.tw.

Himax Technologies Quarterly Cost of Revenue

176.25 Million

Himax Technologies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Himax Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Himax Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Himax Technologies generated a negative expected return over the last 90 days
Himax Technologies has high historical volatility and very poor performance
About 30.0% of the company shares are held by company insiders
On 12th of July 2022 Himax Technologies paid $ 1.25 per share dividend to its current shareholders
Latest headline from www.investopedia.com: 5 Largest Companies in Taiwan - Investopedia

Himax Technologies Upcoming and Recent Events

Earnings reports are used by Himax Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Himax Technologies previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report3rd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Himax Largest EPS Surprises

Earnings surprises can significantly impact Himax Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2017-08-03
2017-06-30-0.0025-0.0020.000520 
2010-11-08
2010-09-300.010.0025-0.007575 
2019-05-14
2019-03-31-0.02-0.010.0150 
View All Earnings Estimates

Himax Technologies SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Himax Technologies prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Himax Technologies investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Himax Technologies specific information freely available to individual and institutional investors to make a timely investment decision.
11th of August 2022
Other Events
View
21st of June 2022
Other Events
View
15th of June 2022
Other Events
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12th of May 2022
Other Events
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1st of March 2022
Unclassified Corporate Event
View
17th of February 2022
Other Events
View
14th of February 2022
Unclassified Corporate Event
View
11th of February 2022
Unclassified Corporate Event
View

Himax Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Himax Technologies's market, we take the total number of its shares issued and multiply it by Himax Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Himax Profitablity

Himax Technologies' profitability indicators refer to fundamental financial ratios that showcase Himax Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Himax Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Himax Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Himax Technologies' profitability requires more research than a typical breakdown of Himax Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 29.43 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 36.5 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.37.
Last ReportedProjected for 2022
Return on Average Assets 0.34  0.37 
Return on Average Equity 0.63  0.69 
Return on Invested Capital 0.81  0.88 
Return on Sales 0.35  0.38 

Management Efficiency

The entity has return on total asset (ROA) of 26.99 % which means that it generated profit of $26.99 on every $100 spent on asset. This is very large. Similarly, it shows return on stockholders equity (ROE) of 62.68 %, meaning that it created $62.68 on every $100 dollars invested by stockholders. Himax Technologies management efficiency ratios could be used to measure how well himax technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return on Average Assets is likely to rise to 0.37 in 2022. Return on Average Equity is likely to rise to 0.69 in 2022. Himax Technologies Assets Non Current are fairly stable at the moment as compared to the past year. Himax Technologies reported Assets Non Current of 410.35 Million in 2021. Goodwill and Intangible Assets is likely to rise to about 38 M in 2022, whereas Total Assets are likely to drop slightly above 1.3 B in 2022.
Last ReportedProjected for 2022
Book Value per Share 5.00  4.26 
Enterprise Value over EBIT 5.00  5.13 
Enterprise Value over EBITDA 4.83  4.96 
Price to Book Value 3.19  3.13 
Tangible Assets Book Value per Share 9.03  7.53 
Enterprise Value2.8 BB
Tangible Asset Value1.6 B1.3 B

Technical Drivers

As of the 18th of August 2022, Himax Technologies retains the market risk adjusted performance of (0.14), and Risk Adjusted Performance of (0.06). Himax Technologies technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for Himax Technologies, which can be compared to its competitors. Please check out Himax Technologies coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Himax Technologies is priced fairly, providing market reflects its last-minute price of 7.0 per share. Given that Himax Technologies has jensen alpha of (0.27), we strongly advise you to confirm Himax Technologies's regular market performance to make sure the company can sustain itself at a future point.

Himax Technologies Price Movement Analysis

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Triangular Moving Average shows Himax Technologies double smoothed mean price over a specified number of previous prices (i.e., averaged twice).
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Himax Technologies Predictive Daily Indicators

Himax Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Himax Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Himax Technologies Forecast Models

Himax Technologies time-series forecasting models is one of many Himax Technologies' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Himax Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Himax Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Himax Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Himax shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Himax Technologies. By using and applying Himax Stock analysis, traders can create a robust methodology for identifying Himax entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.37  0.40 
Gross Margin 0.48  0.41 
Profit Margin 0.28  0.31 
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.

Current Himax Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Himax analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Himax analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
11.75Hold2Odds
Himax Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Himax analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Himax stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Himax Technologies, talking to its executives and customers, or listening to Himax conference calls.
Himax Analyst Advice Details

Himax Stock Analysis Indicators

Himax Technologies stock analysis indicators help investors evaluate how Himax Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Himax Technologies shares will generate the highest return on investment. By understating and applying Himax Technologies stock analysis, traders can identify Himax Technologies position entry and exit signals to maximize returns.
Quick Ratio1.38
Fifty Two Week Low6.18
Revenue Growth33.60%
Payout Ratio9.79%
Shares Short Prior Month21.41M
Average Daily Volume Last 10 Day2.06M
Average Daily Volume In Three Month2.61M
Earnings Growth72.90%
Shares Percent Shares Out10.99%
Earnings Quarterly Growth73.20%
Gross Margins49.56%
Forward Price Earnings2.60
Float Shares125.34M
Fifty Two Week High16.50
Enterprise Value To Ebitda1.63
Fifty Day Average7.80
Two Hundred Day Average10.01
Enterprise Value To Revenue0.61
Please check Risk vs Return Analysis. Note that the Himax Technologies information on this page should be used as a complementary analysis to other Himax Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Himax Stock analysis

When running Himax Technologies price analysis, check to measure Himax Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Himax Technologies is operating at the current time. Most of Himax Technologies' value examination focuses on studying past and present price action to predict the probability of Himax Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Himax Technologies' price. Additionally, you may evaluate how the addition of Himax Technologies to your portfolios can decrease your overall portfolio volatility.
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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
-0.35
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
-0.14
Return On Assets
0.23
Return On Equity
0.61
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.