HIMAX TECHNOLOGIES INC-ADR (HIMX) Fundamental Analysis & Valuation

NASDAQ:HIMX • US43289P1066

7.65 USD
+0.34 (+4.65%)
At close: Mar 4, 2026
7.68 USD
+0.03 (+0.39%)
Pre-Market: 3/5/2026, 6:30:37 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This HIMX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Taking everything into account, HIMX scores 4 out of 10 in our fundamental rating. HIMX was compared to 115 industry peers in the Semiconductors & Semiconductor Equipment industry. While HIMX is still in line with the averages on profitability rating, there are concerns on its financial health. HIMX is cheap, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. HIMX Profitability Analysis

1.1 Basic Checks

  • In the past year HIMX was profitable.
  • HIMX had a positive operating cash flow in the past year.
  • Of the past 5 years HIMX 4 years were profitable.
  • Of the past 5 years HIMX 4 years had a positive operating cash flow.
HIMX Yearly Net Income VS EBIT VS OCF VS FCFHIMX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M 500M

1.2 Ratios

  • With a decent Return On Assets value of 3.69%, HIMX is doing good in the industry, outperforming 60.87% of the companies in the same industry.
  • HIMX has a Return On Equity of 7.15%. This is in the better half of the industry: HIMX outperforms 62.61% of its industry peers.
  • HIMX's Return On Invested Capital of 3.20% is in line compared to the rest of the industry. HIMX outperforms 57.39% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for HIMX is below the industry average of 10.50%.
Industry RankSector Rank
ROA 3.69%
ROE 7.15%
ROIC 3.2%
ROA(3y)7.29%
ROA(5y)10.86%
ROE(3y)13.81%
ROE(5y)20.29%
ROIC(3y)7%
ROIC(5y)13.05%
HIMX Yearly ROA, ROE, ROICHIMX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

1.3 Margins

  • The Profit Margin of HIMX (7.23%) is better than 60.87% of its industry peers.
  • In the last couple of years the Profit Margin of HIMX has declined.
  • HIMX has a Operating Margin of 6.96%. This is comparable to the rest of the industry: HIMX outperforms 59.13% of its industry peers.
  • In the last couple of years the Operating Margin of HIMX has declined.
  • HIMX has a Gross Margin of 30.58%. This is in the lower half of the industry: HIMX underperforms 68.70% of its industry peers.
  • In the last couple of years the Gross Margin of HIMX has grown nicely.
Industry RankSector Rank
OM 6.96%
PM (TTM) 7.23%
GM 30.58%
OM growth 3Y-40.23%
OM growth 5YN/A
PM growth 3Y-32.22%
PM growth 5YN/A
GM growth 3Y-14.3%
GM growth 5Y8.21%
HIMX Yearly Profit, Operating, Gross MarginsHIMX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. HIMX Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HIMX is destroying value.
  • There is no outstanding debt for HIMX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
HIMX Yearly Shares OutstandingHIMX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
HIMX Yearly Total Debt VS Total AssetsHIMX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • An Altman-Z score of 2.46 indicates that HIMX is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.46, HIMX is doing worse than 62.61% of the companies in the same industry.
  • HIMX has a debt to FCF ratio of 4.32. This is a neutral value as HIMX would need 4.32 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.32, HIMX is in line with its industry, outperforming 57.39% of the companies in the same industry.
  • HIMX has a Debt/Equity ratio of 0.68. This is a neutral value indicating HIMX is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.68, HIMX is doing worse than 75.65% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 4.32
Altman-Z 2.46
ROIC/WACC0.33
WACC9.71%
HIMX Yearly LT Debt VS Equity VS FCFHIMX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

  • HIMX has a Current Ratio of 1.60. This is a normal value and indicates that HIMX is financially healthy and should not expect problems in meeting its short term obligations.
  • HIMX has a worse Current ratio (1.60) than 82.61% of its industry peers.
  • A Quick Ratio of 1.42 indicates that HIMX should not have too much problems paying its short term obligations.
  • HIMX has a Quick ratio of 1.42. This is in the lower half of the industry: HIMX underperforms 75.65% of its industry peers.
Industry RankSector Rank
Current Ratio 1.6
Quick Ratio 1.42
HIMX Yearly Current Assets VS Current LiabilitesHIMX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. HIMX Growth Analysis

3.1 Past

  • The earnings per share for HIMX have decreased strongly by -44.84% in the last year.
  • Measured over the past years, HIMX shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.63% on average per year.
EPS 1Y (TTM)-44.84%
EPS 3Y-45.46%
EPS 5Y-3.63%
EPS Q2Q%-74.47%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-14.39%

3.2 Future

  • The Earnings Per Share is expected to grow by 53.52% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 7.74% on average over the next years.
EPS Next Y93.11%
EPS Next 2Y53.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.69%
Revenue Next 2Y7.74%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
HIMX Yearly Revenue VS EstimatesHIMX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
HIMX Yearly EPS VS EstimatesHIMX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1 1.5 2 2.5

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Find the best growth stocksShow best growing peers

7

4. HIMX Valuation Analysis

4.1 Price/Earnings Ratio

  • HIMX is valuated quite expensively with a Price/Earnings ratio of 30.60.
  • HIMX's Price/Earnings ratio is rather cheap when compared to the industry. HIMX is cheaper than 82.61% of the companies in the same industry.
  • HIMX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 15.78, the valuation of HIMX can be described as correct.
  • 91.30% of the companies in the same industry are more expensive than HIMX, based on the Price/Forward Earnings ratio.
  • HIMX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 30.6
Fwd PE 15.78
HIMX Price Earnings VS Forward Price EarningsHIMX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HIMX indicates a rather cheap valuation: HIMX is cheaper than 87.83% of the companies listed in the same industry.
  • HIMX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HIMX is cheaper than 97.39% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.65
EV/EBITDA 13.18
HIMX Per share dataHIMX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as HIMX's earnings are expected to grow with 53.52% in the coming years.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y53.52%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. HIMX Dividend Analysis

5.1 Amount

  • HIMX has a Yearly Dividend Yield of 4.79%, which is a nice return.
  • Compared to an average industry Dividend Yield of 0.47, HIMX pays a better dividend. On top of this HIMX pays more dividend than 98.26% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, HIMX pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.79%

5.2 History

  • HIMX has been paying a dividend for at least 10 years, so it has a reliable track record.
  • HIMX has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
HIMX Yearly Dividends per shareHIMX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 104.08% of the earnings are spent on dividend by HIMX. This is not a sustainable payout ratio.
DP104.08%
EPS Next 2Y53.52%
EPS Next 3YN/A
HIMX Yearly Income VS Free CF VS DividendHIMX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M
HIMX Dividend Payout.HIMX Dividend Payout, showing the Payout Ratio.HIMX Dividend Payout.PayoutRetained Earnings

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HIMX Fundamentals: All Metrics, Ratios and Statistics

HIMAX TECHNOLOGIES INC-ADR

NASDAQ:HIMX (3/4/2026, 8:00:01 PM)

Premarket: 7.68 +0.03 (+0.39%)

7.65

+0.34 (+4.65%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-12
Earnings (Next)05-06
Inst Owners19.61%
Inst Owner Change5.78%
Ins Owners31.03%
Ins Owner ChangeN/A
Market Cap1.34B
Revenue(TTM)N/A
Net Income(TTM)62.60M
Analysts83.64
Price Target9.33 (21.96%)
Short Float %5.5%
Short Ratio3.35
Dividend
Industry RankSector Rank
Dividend Yield 4.79%
Yearly Dividend0.19
Dividend Growth(5Y)N/A
DP104.08%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-46.08%
Min EPS beat(2)-85.29%
Max EPS beat(2)-6.86%
EPS beat(4)2
Avg EPS beat(4)-10.54%
Min EPS beat(4)-85.29%
Max EPS beat(4)38.24%
EPS beat(8)6
Avg EPS beat(8)19.99%
EPS beat(12)9
Avg EPS beat(12)18.53%
EPS beat(16)11
Avg EPS beat(16)14.05%
Revenue beat(2)1
Avg Revenue beat(2)2.26%
Min Revenue beat(2)-1.13%
Max Revenue beat(2)5.64%
Revenue beat(4)2
Avg Revenue beat(4)2.37%
Min Revenue beat(4)-1.13%
Max Revenue beat(4)5.64%
Revenue beat(8)6
Avg Revenue beat(8)2.36%
Revenue beat(12)9
Avg Revenue beat(12)2.63%
Revenue beat(16)10
Avg Revenue beat(16)1.59%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-10.07%
EPS NY rev (3m)-13.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.5%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 30.6
Fwd PE 15.78
P/S 1.54
P/FCF 9.65
P/OCF 8.46
P/B 1.53
P/tB 1.58
EV/EBITDA 13.18
EPS(TTM)0.25
EY3.27%
EPS(NY)0.48
Fwd EY6.34%
FCF(TTM)0.79
FCFY10.37%
OCF(TTM)0.9
OCFY11.82%
SpS4.95
BVpS5.01
TBVpS4.84
PEG (NY)0.33
PEG (5Y)N/A
Graham Number5.31
Profitability
Industry RankSector Rank
ROA 3.69%
ROE 7.15%
ROCE 6.56%
ROIC 3.2%
ROICexc 3.94%
ROICexgc 4.03%
OM 6.96%
PM (TTM) 7.23%
GM 30.58%
FCFM 16.01%
ROA(3y)7.29%
ROA(5y)10.86%
ROE(3y)13.81%
ROE(5y)20.29%
ROIC(3y)7%
ROIC(5y)13.05%
ROICexc(3y)8.36%
ROICexc(5y)17.92%
ROICexgc(3y)8.57%
ROICexgc(5y)18.72%
ROCE(3y)12.5%
ROCE(5y)20.45%
ROICexgc growth 3Y-56.95%
ROICexgc growth 5YN/A
ROICexc growth 3Y-56.65%
ROICexc growth 5YN/A
OM growth 3Y-40.23%
OM growth 5YN/A
PM growth 3Y-32.22%
PM growth 5YN/A
GM growth 3Y-14.3%
GM growth 5Y8.21%
F-Score6
Asset Turnover0.51
Health
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF 4.32
Debt/EBITDA 7.31
Cap/Depr 93.74%
Cap/Sales 2.25%
Interest Coverage 15.9
Cash Conversion 195.04%
Profit Quality 221.56%
Current Ratio 1.6
Quick Ratio 1.42
Altman-Z 2.46
F-Score6
WACC9.71%
ROIC/WACC0.33
Cap/Depr(3y)77.16%
Cap/Depr(5y)58.81%
Cap/Sales(3y)1.65%
Cap/Sales(5y)1.23%
Profit Quality(3y)138.09%
Profit Quality(5y)141.33%
High Growth Momentum
Growth
EPS 1Y (TTM)-44.84%
EPS 3Y-45.46%
EPS 5Y-3.63%
EPS Q2Q%-74.47%
EPS Next Y93.11%
EPS Next 2Y53.52%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-14.39%
Revenue Next Year7.69%
Revenue Next 2Y7.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-2.07%
EBIT growth 3Y-49.98%
EBIT growth 5YN/A
EBIT Next Year-42.54%
EBIT Next 3Y1.98%
EBIT Next 5YN/A
FCF growth 1Y76.02%
FCF growth 3Y-35.35%
FCF growth 5YN/A
OCF growth 1Y76.58%
OCF growth 3Y-33.16%
OCF growth 5Y72.02%

HIMAX TECHNOLOGIES INC-ADR / HIMX FAQ

What is the ChartMill fundamental rating of HIMAX TECHNOLOGIES INC-ADR (HIMX) stock?

ChartMill assigns a fundamental rating of 4 / 10 to HIMX.


What is the valuation status for HIMX stock?

ChartMill assigns a valuation rating of 7 / 10 to HIMAX TECHNOLOGIES INC-ADR (HIMX). This can be considered as Undervalued.


What is the profitability of HIMX stock?

HIMAX TECHNOLOGIES INC-ADR (HIMX) has a profitability rating of 4 / 10.


How financially healthy is HIMAX TECHNOLOGIES INC-ADR?

The financial health rating of HIMAX TECHNOLOGIES INC-ADR (HIMX) is 3 / 10.


Can you provide the dividend sustainability for HIMX stock?

The dividend rating of HIMAX TECHNOLOGIES INC-ADR (HIMX) is 5 / 10 and the dividend payout ratio is 104.08%.