Himax Technologies Stock Price To Earning

HIMX Stock

USD 5.40 0.26 5.06%

Himax Technologies fundamentals help investors to digest information that contributes to Himax Technologies' financial success or failures. It also enables traders to predict the movement of Himax Stock. The fundamental analysis module provides a way to measure Himax Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Himax Technologies stock.

Other Current Liab Total Assets

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Himax Technologies Company Price To Earning Analysis

Himax Technologies' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

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Current Himax Technologies Price To Earning

26.23 X

Most of Himax Technologies' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Himax Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Himax Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Himax Technologies is extremely important. It helps to project a fair market value of Himax Stock properly, considering its historical fundamentals such as Price To Earning. Since Himax Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Himax Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Himax Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Retained Earnings	Long Term Debt	Short Term Investments	Short Term Debt	Intangible Assets	Property Plant Equipment	Good Will	Treasury Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Deferred Long Term Liab	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.88	0.57	0.45	0.75	1.0	0.86	0.5	0.46	0.99	0.15	0.45	0.86	-0.2	0.7	0.55	-0.18	0.81	0.19	0.79	-0.65	-0.58	0.87	0.8	-0.58
Total Stockholder Equity	0.88		0.29	0.56	0.85	0.86	0.99	0.67	0.62	0.86	0.3	0.44	0.63	-0.05	0.77	0.42	-0.28	0.85	0.18	0.53	-0.55	-0.18	0.82	0.78	-0.17
Net Debt	0.57	0.29		-0.37	-0.08	0.62	0.3	0.06	-0.14	0.55	-0.25	0.06	0.9	-0.42	0.36	0.58	0.16	0.45	0.4	0.94	-0.48	-0.78	0.62	0.3	-0.77
Accounts Payable	0.45	0.56	-0.37		0.89	0.4	0.55	0.69	0.41	0.39	0.72	0.36	0.02	0.47	0.4	0.02	-0.48	0.17	-0.4	-0.14	-0.26	0.1	0.09	0.26	0.11
Net Receivables	0.75	0.85	-0.08	0.89		0.71	0.82	0.68	0.59	0.73	0.5	0.5	0.34	0.24	0.65	0.26	-0.4	0.58	-0.08	0.21	-0.45	-0.09	0.52	0.63	-0.08
Total Liab	1.0	0.86	0.62	0.4	0.71		0.85	0.45	0.44	0.98	0.1	0.48	0.88	-0.21	0.72	0.54	-0.14	0.81	0.19	0.82	-0.69	-0.6	0.88	0.79	-0.59
Total Current Assets	0.86	0.99	0.3	0.55	0.82	0.85		0.67	0.63	0.84	0.3	0.44	0.63	-0.07	0.74	0.38	-0.29	0.83	0.12	0.53	-0.55	-0.14	0.8	0.77	-0.13
Common Stock	0.5	0.67	0.06	0.69	0.68	0.45	0.67		0.17	0.38	0.87	0.1	0.32	0.38	0.53	0.33	-0.55	0.23	-0.15	0.16	-0.33	0.02	0.2	0.12	0.03
Current Deferred Revenue	0.46	0.62	-0.14	0.41	0.59	0.44	0.63	0.17		0.5	0.05	0.15	0.11	0.01	0.38	-0.18	-0.23	0.52	0.06	0.08	-0.09	0.27	0.49	0.71	0.27
Retained Earnings	0.99	0.86	0.55	0.39	0.73	0.98	0.84	0.38	0.5		0.02	0.45	0.83	-0.29	0.65	0.55	-0.13	0.86	0.26	0.79	-0.6	-0.59	0.91	0.87	-0.58
Long Term Debt	0.15	0.3	-0.25	0.72	0.5	0.1	0.3	0.87	0.05	0.02		-0.04	-0.04	0.59	0.22	0.0	-0.59	-0.23	-0.44	-0.22	-0.12	0.23	-0.25	-0.22	0.24
Short Term Investments	0.45	0.44	0.06	0.36	0.5	0.48	0.44	0.1	0.15	0.45	-0.04		0.26	0.06	0.52	0.07	0.08	0.44	-0.18	0.22	-0.65	-0.12	0.39	0.4	-0.11
Short Term Debt	0.86	0.63	0.9	0.02	0.34	0.88	0.63	0.32	0.11	0.83	-0.04	0.26		-0.37	0.55	0.66	-0.03	0.67	0.28	0.98	-0.63	-0.78	0.8	0.56	-0.77
Intangible Assets	-0.2	-0.05	-0.42	0.47	0.24	-0.21	-0.07	0.38	0.01	-0.29	0.59	0.06	-0.37		0.22	-0.15	-0.4	-0.38	-0.29	-0.46	-0.04	0.42	-0.41	-0.44	0.44
Property Plant Equipment	0.7	0.77	0.36	0.4	0.65	0.72	0.74	0.53	0.38	0.65	0.22	0.52	0.55	0.22		0.33	-0.12	0.66	0.26	0.47	-0.69	-0.16	0.66	0.49	-0.15
Good Will	0.55	0.42	0.58	0.02	0.26	0.54	0.38	0.33	-0.18	0.55	0.0	0.07	0.66	-0.15	0.33		-0.38	0.49	0.41	0.66	-0.28	-0.68	0.53	0.28	-0.68
Treasury Stock	-0.18	-0.28	0.16	-0.48	-0.4	-0.14	-0.29	-0.55	-0.23	-0.13	-0.59	0.08	-0.03	-0.4	-0.12	-0.38		0.06	0.24	0.07	0.01	-0.09	0.07	0.04	-0.09
Net Tangible Assets	0.81	0.85	0.45	0.17	0.58	0.81	0.83	0.23	0.52	0.86	-0.23	0.44	0.67	-0.38	0.66	0.49	0.06		0.48	0.67	-0.47	-0.35	0.97	0.89	-0.34
Long Term Investments	0.19	0.18	0.4	-0.4	-0.08	0.19	0.12	-0.15	0.06	0.26	-0.44	-0.18	0.28	-0.29	0.26	0.41	0.24	0.48		0.37	0.09	-0.29	0.5	0.36	-0.29
Short Long Term Debt	0.79	0.53	0.94	-0.14	0.21	0.82	0.53	0.16	0.08	0.79	-0.22	0.22	0.98	-0.46	0.47	0.66	0.07	0.67	0.37		-0.56	-0.81	0.81	0.56	-0.81
Deferred Long Term Liab	-0.65	-0.55	-0.48	-0.26	-0.45	-0.69	-0.55	-0.33	-0.09	-0.6	-0.12	-0.65	-0.63	-0.04	-0.69	-0.28	0.01	-0.47	0.09	-0.56		0.36	-0.53	-0.37	0.33
Capital Surpluse	-0.58	-0.18	-0.78	0.1	-0.09	-0.6	-0.14	0.02	0.27	-0.59	0.23	-0.12	-0.78	0.42	-0.16	-0.68	-0.09	-0.35	-0.29	-0.81	0.36		-0.49	-0.3	1.0
Net Invested Capital	0.87	0.82	0.62	0.09	0.52	0.88	0.8	0.2	0.49	0.91	-0.25	0.39	0.8	-0.41	0.66	0.53	0.07	0.97	0.5	0.81	-0.53	-0.49		0.89	-0.48
Net Working Capital	0.8	0.78	0.3	0.26	0.63	0.79	0.77	0.12	0.71	0.87	-0.22	0.4	0.56	-0.44	0.49	0.28	0.04	0.89	0.36	0.56	-0.37	-0.3	0.89		-0.3
Capital Stock	-0.58	-0.17	-0.77	0.11	-0.08	-0.59	-0.13	0.03	0.27	-0.58	0.24	-0.11	-0.77	0.44	-0.15	-0.68	-0.09	-0.34	-0.29	-0.81	0.33	1.0	-0.48	-0.3

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Himax Retained Earnings

Retained Earnings

672.47 Million

At this time, Himax Technologies' Retained Earnings are fairly stable compared to the past year.

Based on the latest financial disclosure, Himax Technologies has a Price To Earning of 26.23 times. This is 5.24% lower than that of the Semiconductors & Semiconductor Equipment sector and 15.2% higher than that of the Information Technology industry. The price to earning for all United States stocks is 8.67% higher than that of the company.

Himax Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Himax Technologies' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Himax Technologies could also be used in its relative valuation, which is a method of valuing Himax Technologies by comparing valuation metrics of similar companies.

Himax Technologies is currently under evaluation in price to earning category among its peers.

Himax Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Himax Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Himax Technologies' managers, analysts, and investors.

Environmental

Governance

Social

Himax Fundamentals

	Return On Equity	0.0913
	Return On Asset	0.0238
	Profit Margin	0.09 %
	Operating Margin	0.03 %
	Current Valuation	1.28 B
	Shares Outstanding	175 M
	Shares Owned By Insiders	30.92 %
	Shares Owned By Institutions	18.20 %
	Number Of Shares Shorted	6.42 M
	Price To Earning	26.23 X
	Price To Book	1.09 X
	Price To Sales	1.05 X
	Revenue	945.43 M
	Gross Profit	487.11 M
	EBITDA	58.65 M
	Net Income	49.42 M
	Cash And Equivalents	461.63 M
	Cash Per Share	2.64 X
	Total Debt	498.14 M
	Debt To Equity	0.24 %
	Current Ratio	1.77 X
	Book Value Per Share	9.91 X
	Cash Flow From Operations	153.17 M
	Short Ratio	8.23 X
	Earnings Per Share	0.44 X
	Price To Earnings To Growth	2.81 X
	Target Price	8.2
	Number Of Employees	2.2 K
	Beta	2.15
	Market Capitalization	945 M
	Total Asset	1.64 B
	Retained Earnings	640.45 M
	Working Capital	491.78 M
	Current Asset	697.84 M
	Current Liabilities	352.73 M
	Annual Yield	0.05 %
	Five Year Return	2.86 %
	Net Asset	1.64 B

About Himax Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Himax Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Himax Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Himax Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional 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 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.

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