(HIMX) Himax Technologies - Overview

Sector: Technology | Industry: Semiconductors | Exchange: NASDAQ (USA) | Market Cap: 1.461m USD | Total Return: 5.9% in 12m

Stock Display Drivers, Image Sensors, Microdisplays, Sensing
Total Rating 33
Risk 80
Buy Signal -1.80
Semiconductors -12.8
Semiconductors -9.7
Market Cap: 1,461m
Avg Trading Vol: 21.6M USD
ATR: 8.03%
Peers RS (IBD): 24.1
Risk 5d forecast
Volatility63.0%
Rel. Tail Risk-12.4%
Reward TTM
Sharpe Ratio0.26
Alpha-20.59
Character TTM
Beta1.951
Beta Downside2.307
Drawdowns 3y
Max DD54.16%
CAGR/Max DD0.04
EPS (Earnings per Share) EPS (Earnings per Share) of HIMX over the last years for every Quarter: "2021-03": 0.38, "2021-06": 0.62, "2021-09": 0.8, "2021-12": 0.85, "2022-03": 0.7, "2022-06": 0.44, "2022-09": 0.17, "2022-12": 0.24, "2023-03": 0.09, "2023-06": 0.01, "2023-09": 0.06, "2023-12": 0.14, "2024-03": 0.07, "2024-06": 0.17, "2024-09": 0.07, "2024-12": 0.14, "2025-03": 0.11, "2025-06": 0.1, "2025-09": 0.006, "2025-12": 0.04, "2026-03": 0,
EPS CAGR: -64.25%
EPS Trend: -63.0%
Last SUE: -3.57
Qual. Beats: 0
Revenue Revenue of HIMX over the last years for every Quarter: 2021-03: 309.003, 2021-06: 365.261, 2021-09: 420.938, 2021-12: 451.895, 2022-03: 412.812, 2022-06: 312.606, 2022-09: 213.631, 2022-12: 262.29, 2023-03: 244.204, 2023-06: 235.031, 2023-09: 238.515, 2023-12: 230.721868, 2024-03: 207.55, 2024-06: 239.622, 2024-09: 222.407, 2024-12: 237.223, 2025-03: 215.133, 2025-06: 214.798, 2025-09: 196.712368, 2025-12: 203.081, 2026-03: null,
Rev. CAGR: -17.24%
Rev. Trend: -72.8%
Last SUE: 0.41
Qual. Beats: 0
Risks
Technicals: choppy
Description: HIMX Himax Technologies March 05, 2026

Himax Technologies, Inc. (HIMX) is a fabless semiconductor company providing display imaging processing technologies globally. The company operates in two segments: Driver IC and Non-Driver Products.

HIMX offers display driver integrated circuits (ICs) and timing controllers for various applications, including televisions, mobile phones, and automotive displays. Display drivers are essential components in virtually all modern electronic displays. They also provide automotive IC solutions, such as in-cell touch and display driver integration.

The companys product portfolio extends to Power ICs, touch controllers, OLED ICs, and CMOS image sensors. HIMX also develops WiseEye smart image sensing products and 3D sensing solutions. The fabless business model allows companies to focus on design and research while outsourcing manufacturing.

Himax markets its display drivers to panel manufacturers and mobile device module manufacturers. Further research on platforms like ValueRay can provide deeper insights into their financial performance and market position.

Headlines to Watch Out For
  • Global display panel demand impacts driver IC sales
  • Automotive display IC adoption drives revenue growth
  • Competition in fabless semiconductor market pressures margins
  • Mobile and TV display market trends influence product demand
Piotroski VR‑10 (Strict, 0-10) 6.5
Net Income: 43.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA 0.61 > 1.0
NWC/Revenue: 56.14% < 20% (prev 50.88%; Δ 5.26% < -1%)
CFO/TA 0.08 > 3% & CFO 139.8m > Net Income 43.9m
Net Debt (-228.9m) to EBITDA (76.6m): -2.99 < 3
Current Ratio: 1.58 > 1.5 & < 3
Outstanding Shares: last quarter (174.5m) vs 12m ago -50.19% < -2%
Gross Margin: 30.57% > 18% (prev 0.30%; Δ 3.03k% > 0.5%)
Asset Turnover: 49.18% > 50% (prev 55.31%; Δ -6.13% > 0%)
Interest Coverage Ratio: 15.55 > 6 (EBITDA TTM 76.6m / Interest Expense TTM 3.48m)
Altman Z'' 4.18
A: 0.27 (Total Current Assets 1.27b - Total Current Liabilities 799.5m) / Total Assets 1.74b
B: 0.37 (Retained Earnings 643.6m / Total Assets 1.74b)
C: 0.03 (EBIT TTM 54.1m / Avg Total Assets 1.69b)
D: 0.95 (Book Value of Equity 787.3m / Total Liabilities 832.9m)
Altman-Z'' Score: 4.18 = AA
Beneish M -3.24
DSRI: 0.93 (Receivables 200.9m/236.8m, Revenue 829.7m/906.8m)
GMI: 1.00 (GM 30.57% / 30.46%)
AQI: 0.94 (AQ_t 0.20 / AQ_t-1 0.21)
SGI: 0.92 (Revenue 829.7m / 906.8m)
TATA: -0.06 (NI 43.9m - CFO 139.8m) / TA 1.74b)
Beneish M-Score: -3.24 (Cap -4..+1) = AA
What is the price of HIMX shares? As of March 31, 2026, the stock is trading at USD 7.48 with a total of 2,714,041 shares traded.
Over the past week, the price has changed by -13.82%, over one month by +2.75%, over three months by -9.11% and over the past year by +5.92%.
Is HIMX a buy, sell or hold? Himax Technologies has received a consensus analysts rating of 4.20. Therefore, it is recommended to buy HIMX.
  • StrongBuy: 2
  • Buy: 2
  • Hold: 1
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the HIMX price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 9.1 21%
Analysts Target Price 9.1 21%
HIMX Fundamental Data Overview March 28, 2026
P/E Trailing = 33.4
P/E Forward = 9.8425
P/S = 1.7551
P/B = 1.6759
P/EG = 1.4893
Revenue TTM = 829.7m USD
EBIT TTM = 54.1m USD
EBITDA TTM = 76.6m USD
Long Term Debt = 24.0m USD (from longTermDebt, two quarters ago)
Short Term Debt = 574.3m USD (from shortTermDebt, last quarter)
Debt = 596.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -228.9m USD (from netDebt column, last quarter)
Enterprise Value = 1.20b USD (1.46b + Debt 596.9m - CCE 854.5m)
Interest Coverage Ratio = 15.55 (Ebit TTM 54.1m / Interest Expense TTM 3.48m)
EV/FCF = 10.08x (Enterprise Value 1.20b / FCF TTM 119.4m)
FCF Yield = 9.92% (FCF TTM 119.4m / Enterprise Value 1.20b)
FCF Margin = 14.39% (FCF TTM 119.4m / Revenue TTM 829.7m)
Net Margin = 5.29% (Net Income TTM 43.9m / Revenue TTM 829.7m)
Gross Margin = 30.57% ((Revenue TTM 829.7m - Cost of Revenue TTM 576.1m) / Revenue TTM)
Gross Margin QoQ = 30.38% (prev 30.18%)
Tobins Q-Ratio = 0.69 (Enterprise Value 1.20b / Total Assets 1.74b)
Interest Expense / Debt = 0.14% (Interest Expense 835k / Debt 596.9m)
Taxrate = 20.14% (1.70m / 8.43m)
NOPAT = 43.2m (EBIT 54.1m * (1 - 20.14%))
Current Ratio = 1.58 (Total Current Assets 1.27b / Total Current Liabilities 799.5m)
Debt / Equity = 0.67 (Debt 596.9m / totalStockholderEquity, last quarter 893.4m)
Debt / EBITDA = -2.99 (Net Debt -228.9m / EBITDA 76.6m)
Debt / FCF = -1.92 (Net Debt -228.9m / FCF TTM 119.4m)
Total Stockholder Equity = 885.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.60% (Net Income 43.9m / Total Assets 1.74b)
RoE = 4.96% (Net Income TTM 43.9m / Total Stockholder Equity 885.8m)
RoCE = 5.94% (EBIT 54.1m / Capital Employed (Equity 885.8m + L.T.Debt 24.0m))
RoIC = 3.00% (NOPAT 43.2m / Invested Capital 1.44b)
WACC = 9.15% (E(1.46b)/V(2.06b) * Re(12.85%) + D(596.9m)/V(2.06b) * Rd(0.14%) * (1-Tc(0.20)))
Discount Rate = 12.85% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.14%
[DCF] Terminal Value 73.73% ; FCFF base≈112.7m ; Y1≈108.8m ; Y5≈107.5m
[DCF] Fair Price = 10.35 (EV 1.58b - Net Debt -228.9m = Equity 1.80b / Shares 174.3m; r=9.15% [WACC]; 5y FCF grow -4.73% → 3.0% )
EPS Correlation: -63.00 | EPS CAGR: -64.25% | SUE: -3.57 | # QB: 0
Revenue Correlation: -72.83 | Revenue CAGR: -17.24% | SUE: 0.41 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.06 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=1
EPS current Year (2026-12-31): EPS=0.50 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+98.4% | Growth Revenue=+6.6%
EPS next Year (2027-12-31): EPS=0.45 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=-10.0% | Growth Revenue=+14.0%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 9.9% (Discount Rate 12.8% - Earnings Yield 3.0%)
[Growth] Growth Spread = -12.4% (Analyst -2.5% - Implied 9.9%)
Additional Sources for HIMX Stock Fund Manager Positions: Dataroma · Stockcircle