Himax Technologies Valuation
| HIMX Stock | USD 5.46 0.06 1.11% |
At this time, the firm appears to be undervalued. Himax Technologies retains a regular Real Value of $6.75 per share. The prevalent price of the firm is $5.46. Our model calculates the value of Himax Technologies from evaluating the firm fundamentals such as Return On Equity of 0.0913, current valuation of 1.29 B, and Return On Asset of 0.0238 as well as inspecting its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Himax Technologies' valuation include:
Price Book 1.1038 | Enterprise Value 1.3 B | Enterprise Value Ebitda 13.8588 | Price Sales 1.0649 | Forward PE 9.8425 |
Undervalued
Today
Please note that Himax Technologies' price fluctuation is somewhat reliable at this time. Calculation of the real value of Himax Technologies is based on 3 months time horizon. Increasing Himax Technologies' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Himax Technologies is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Himax Stock. However, Himax Technologies' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 5.46 | Real 6.75 | Target 7.9 | Hype 5.46 | Naive 5.75 |
The intrinsic value of Himax Technologies' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Himax Technologies' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Himax Technologies helps investors to forecast how Himax stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Himax Technologies more accurately as focusing exclusively on Himax Technologies' fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Himax Technologies' intrinsic value based on its ongoing forecasts of Himax Technologies' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Himax Technologies' closest peers.
Himax Technologies Cash |
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Himax Valuation Trend
Analysing the historical paterns of Himax Technologies' enterprise value and its market capitalization is a good way to estimate and gauge the value of Himax Technologies over time and is usually enough for investors to make rational market timing decisions.
Himax Technologies Total Value Analysis
Himax Technologies is currently expected to have valuation of 1.29 B with market capitalization of 955.5 M, debt of 498.14 M, and cash on hands of 461.63 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Himax Technologies fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.29 B | 955.5 M | 498.14 M | 461.63 M |
Himax Technologies Investor Information
About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.1. 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 28th of June 2024. Based on the key indicators related to Himax Technologies' liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, Himax Technologies may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter.Himax Technologies Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Himax Technologies has an asset utilization ratio of 57.53 percent. This suggests that the Company is making $0.58 for each dollar of assets. An increasing asset utilization means that Himax Technologies is more efficient with each dollar of assets it utilizes for everyday operations.Himax Technologies Ownership Allocation
Himax Technologies has a total of 175 Million outstanding shares. Himax Technologies secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.Himax Technologies Profitability Analysis
The company reported the previous year's revenue of 945.43 M. Net Income was 49.42 M with profit before overhead, payroll, taxes, and interest of 487.11 M.Himax Technologies Past Distributions to stockholders
About Himax Technologies Valuation
Our relative valuation model uses a comparative analysis of Himax Technologies. We calculate exposure to Himax Technologies's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Himax Technologies's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 263.5 M | 208.4 M | |
| Pretax Profit Margin | 0.05 | 0.07 | |
| Operating Profit Margin | 0.05 | 0.07 | |
| Net Profit Margin | 0.05 | 0.06 | |
| Gross Profit Margin | 0.28 | 0.20 |
Himax Technologies Quarterly Retained Earnings |
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A single share of Himax Technologies represents a small ownership stake in the entity. As a stockholder of Himax, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Himax Technologies Dividends Analysis For Valuation
Please note that Himax Technologies has scaled down on payment of dividends at this time. At this time, Himax Technologies' Retained Earnings are fairly stable compared to the past year. Earnings Yield is likely to rise to 0.05 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.25).
There are various types of dividends Himax Technologies can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Himax shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Himax Technologies directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Himax pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Himax Technologies by the value of the dividends paid out.
Himax Technologies Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 174.8 M | |
| Quarterly Earnings Growth Y O Y | 1.313 | |
| Forward Price Earnings | 9.8425 |
Himax Technologies Current Valuation Indicators
Valuation refers to the process of determining the present value of Himax Technologies and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Himax we look at many different elements of the entity such as Himax's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Himax Technologies, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Himax Technologies' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Himax Technologies' worth.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.