Himax Technologies Stock Analysis, Valuation (NASDAQ:HIMX)

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$7.94 $0.29 (3.52%) HIMX stock closing price Feb 16, 2018 (Closing)
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Himax Technologies
Updated on : Feb 16, 2018
previous close
HIMX 7.9 (0%)
NASDAQ 7239.5 (0%)
Closing Price On: Feb 16, 2018
stock rating
RATING: ★★★★★★★★★★ (0/5)
Industry :
Electronics-Semiconductors
Sector :
Computer and Technology
5 Quarter Revenue
Revenue Growth
2017-Q3
$million
%
YOY GROWTH
Compared to the industry
Long Term Growth
5 Year CAGR:
-0.2%
Operating Profit
Operating Margin:
1.5%
Sector Average:
5.3%
5 Quarter Net Profit
Net Margins
2017-Q3
%
LTM Margin
Compared to the industry
Debt/Equity Ratio
Debt:
138M
Debt/Equity Ratio:
 0.32
Compared to the industry
Cash Flow
Operating cash flow:
$22.3M
Net Income:
$3.7M
Dividend Yield
HIMX dividend yield:
2.9%
PROS      CONS
PS Valuation
Long Term Growth
High Debt Burden
PE Valuation
Rating: ★★★★★★★★★★ (0/5)
Relative Valuation
HIMX PS :
1.9
Industry PS :
2.8
Sector:   Computer and Technology.   *PE adjusted for one time items.
Other Metrics
Return on Invested Capital:
2.3%
Return on Equity:
2%
Free Cash Flow Margin:
5.2%
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Himax Technologies Stock Analysis

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View the Himax Technologies stock analysis video on Amigobulls. Our analyst opinion covering the buy and sell arguments for HIMX stock is shown in the video.

Note: Amigobulls stock rating is our opinion based on the historical performance of the company's fundamentals. It is not indicative of the future performance of the stock.

Himax Technologies, Inc. (ADR) Stock Rating 2.8/5

Amigobulls HIMX stock analysis relies on business fundamentals such as Himax Technologies revenue growth, profits and return on equity measures from the latest quarter 2017 Q3 earnings. We also use relative valuation metrics like PE ratio and price to sales ratio for Himax Technologies valuation analysis. Our Himax Technologies stock rating is based on company's fundamentals like balance sheet risk and cash flow position.

Should you buy HIMX stock?

Should you sell HIMX stock?

  • Himax Technologies sales shrank by -11% year-over-year in 2017 Q4.
  • The company saw an average annual sales decline of -1.5% in sales over the last 5 years.
  • With a debt/equity ratio of  0.32, Himax Technologies is highly leveraged in comparison to Computer and Technology peers.
  • The company has an operating cash flow which is 0.4 times the net income. This is not a healthy sign.
  • HIMX stock is trading at a PE ratio of 46.7, which is worse than the industry average multiple of 26.9.
  • The company has negative Free Cash Flows (FCF), with a negative FCF margin of -4%.

Comments on this video and Himax Technologies stock

Investors can use Amigobulls Himax Technologies stock analysis as a tool to arrive at accurate conclusions regarding financial health of the company and its valuation. Fundamental analysis of a company is the most often used approach to find the intrinsic value of a stock.

Himax Technologies revenue growth and profit or net income are the main underlying forces which could detremine the direction of the share price. Along with fundamentals, investors can utilize technical analysis to get a better idea about the price trend of Himax Technologies stock.