HIMAX TECHNOLOGIES INC-ADR (HIMX) Fundamental Analysis & Valuation
NASDAQ:HIMX • US43289P1066
7.4 USD
-0.28 (-3.65%)
At close: Mar 6, 2026
7.4 USD
0 (0%)
After Hours: 3/6/2026, 8:24:10 PM
This HIMX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
HIMX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 115 industry peers in the Semiconductors & Semiconductor Equipment industry. There are concerns on the financial health of HIMX while its profitability can be described as average. HIMX is valued quite cheap, but it does not seem to be growing.
1. HIMX Profitability Analysis
1.1 Basic Checks
- HIMX had positive earnings in the past year.
- HIMX had a positive operating cash flow in the past year.
- HIMX had positive earnings in each of the past 5 years.
- Each year in the past 5 years HIMX had a positive operating cash flow.
1.2 Ratios
- HIMX has a Return On Assets of 3.69%. This is in the better half of the industry: HIMX outperforms 60.87% of its industry peers.
- Looking at the Return On Equity, with a value of 7.15%, HIMX is in the better half of the industry, outperforming 62.61% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 3.20%, HIMX is in line with its industry, outperforming 57.39% of the companies in the same industry.
- HIMX had an Average Return On Invested Capital over the past 3 years of 7.00%. This is below the industry average of 10.50%.
| Industry Rank | Sector 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%
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's Operating Margin of 6.96% is in line compared to the rest of the industry. HIMX outperforms 59.13% of its industry peers.
- HIMX's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 30.58%, HIMX is doing worse than 68.70% of the companies in the same industry.
- HIMX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. HIMX Health Analysis
2.1 Basic Checks
- HIMX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- HIMX has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for HIMX has been increased compared to 5 years ago.
- Compared to 1 year ago, HIMX has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.47 indicates that HIMX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- HIMX has a Altman-Z score of 2.47. This is in the lower half of the industry: HIMX underperforms 62.61% of its industry peers.
- 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.
- With a Debt to FCF ratio value of 4.32, HIMX perfoms like the industry average, outperforming 57.39% of the companies in the same industry.
- A Debt/Equity ratio of 0.68 indicates that HIMX is somewhat dependend on debt financing.
- HIMX's Debt to Equity ratio of 0.68 is on the low side compared to the rest of the industry. HIMX is outperformed by 75.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 4.32 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.33
WACC9.73%
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's Current ratio of 1.60 is on the low side compared to the rest of the industry. HIMX is outperformed by 82.61% of its industry peers.
- HIMX has a Quick Ratio of 1.42. This is a normal value and indicates that HIMX is financially healthy and should not expect problems in meeting its short term obligations.
- HIMX's Quick ratio of 1.42 is on the low side compared to the rest of the industry. HIMX is outperformed by 74.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.6 | ||
| Quick Ratio | 1.42 |
3. HIMX Growth Analysis
3.1 Past
- HIMX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.84%.
- The Earnings Per Share has been decreasing by -3.63% on average over the past years.
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
- Based on estimates for the next years, HIMX will show a very strong growth in Earnings Per Share. The EPS will grow by 53.52% on average per year.
- Based on estimates for the next years, HIMX will show a small growth in Revenue. The Revenue will grow by 7.74% on average per year.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. HIMX Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 29.60, the valuation of HIMX can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of HIMX indicates a rather cheap valuation: HIMX is cheaper than 81.74% of the companies listed in the same industry.
- HIMX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.29.
- Based on the Price/Forward Earnings ratio of 15.27, the valuation of HIMX can be described as correct.
- Based on the Price/Forward Earnings ratio, HIMX is valued cheaper than 90.43% of the companies in the same industry.
- HIMX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.6 | ||
| Fwd PE | 15.27 |
4.2 Price Multiples
- 87.83% of the companies in the same industry are more expensive than HIMX, based on the Enterprise Value to EBITDA ratio.
- 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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.33 | ||
| EV/EBITDA | 13.24 |
4.3 Compensation for Growth
- HIMX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- HIMX's earnings are expected to grow with 53.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y53.52%
EPS Next 3YN/A
5. HIMX Dividend Analysis
5.1 Amount
- HIMX has a Yearly Dividend Yield of 4.69%, which is a nice return.
- Compared to an average industry Dividend Yield of 0.49, 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 Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
5.2 History
- HIMX has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of HIMX decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
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 Fundamentals: All Metrics, Ratios and Statistics
7.4
-0.28 (-3.65%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-12 2026-02-12/bmo
Earnings (Next)05-06 2026-05-06
Inst Owners20.37%
Inst Owner Change5.78%
Ins Owners31.03%
Ins Owner ChangeN/A
Market Cap1.29B
Revenue(TTM)N/A
Net Income(TTM)62.60M
Analysts81.82
Price Target9.33 (26.08%)
Short Float %5.5%
Short Ratio3.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.6 | ||
| Fwd PE | 15.27 | ||
| P/S | 1.49 | ||
| P/FCF | 9.33 | ||
| P/OCF | 8.18 | ||
| P/B | 1.48 | ||
| P/tB | 1.53 | ||
| EV/EBITDA | 13.24 |
EPS(TTM)0.25
EY3.38%
EPS(NY)0.48
Fwd EY6.55%
FCF(TTM)0.79
FCFY10.72%
OCF(TTM)0.9
OCFY12.22%
SpS4.95
BVpS5.01
TBVpS4.84
PEG (NY)0.32
PEG (5Y)N/A
Graham Number5.31
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 2.47 |
F-Score6
WACC9.73%
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%.