Himax Technologies Stock Analysis

Himax Stock Analysis Notes

About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.07. 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 2.81. The entity last dividend was issued on the 29th of June 2023. 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.

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Himax Stock Institutional Investors

Note, although Himax Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Himax Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 857.89 M. 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 those looking for more risk prefer small-cap and mid-cap equities.

Himax Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Management Efficiency

Himax Technologies has return on total asset (ROA) of 0.0162 % which means that it generated a profit of $0.0162 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0562 %, meaning that it created $0.0562 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 Tangible Assets is likely to drop to 0.03 in 2024. Return On Capital Employed is likely to drop to 0.04 in 2024. At this time, Himax Technologies' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 464.9 M in 2024, whereas Other Current Assets are likely to drop slightly above 83.6 M in 2024.

Technical Drivers

As of the 25th of April, Himax Technologies retains the Standard Deviation of 2.01, market risk adjusted performance of (0.21), and Risk Adjusted Performance of (0.08). 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 thirteen technical drivers for Himax Technologies, which can be compared to its competitors. Please check out Himax Technologies variance and skewness to decide if Himax Technologies is priced fairly, providing market reflects its last-minute price of 4.96 per share. Given that Himax Technologies has information ratio of (0.19), 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

Himax Technologies Predictive Daily Indicators

Himax Technologies Corporate Filings

Himax Technologies Forecast Models

Himax Technologies' time-series forecasting models are one of many Himax Technologies' stock analysis techniques aimed at predicting 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.

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.

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.

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.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Himax Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more information on how to buy Himax Stock please use our How to Invest in Himax Technologies guide.You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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 the 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.

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.

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 if Himax Technologies is a good investment 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.