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HIMX
Upturn stock ratingUpturn stock rating

Himax Technologies Inc (HIMX)

Upturn stock ratingUpturn stock rating
$6.37
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/22/2025: HIMX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -16.71%
Avg. Invested days 29
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/22/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.21B USD
Price to earnings Ratio 15.04
1Y Target Price 11.22
Price to earnings Ratio 15.04
1Y Target Price 11.22
Volume (30-day avg) 1986764
Beta 2.17
52 Weeks Range 4.76 - 13.91
Updated Date 04/25/2025
52 Weeks Range 4.76 - 13.91
Updated Date 04/25/2025
Dividends yield (FY) 4.19%
Basic EPS (TTM) 0.46

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 8.8%
Operating Margin (TTM) 9.73%

Management Effectiveness

Return on Assets (TTM) 2.6%
Return on Equity (TTM) 9.06%

Valuation

Trailing PE 15.04
Forward PE 9.84
Enterprise Value 1527734824
Price to Sales(TTM) 1.33
Enterprise Value 1527734824
Price to Sales(TTM) 1.33
Enterprise Value to Revenue 1.68
Enterprise Value to EBITDA 14.73
Shares Outstanding 174912992
Shares Floating 248118176
Shares Outstanding 174912992
Shares Floating 248118176
Percent Insiders 30.96
Percent Institutions 20.77

Analyst Ratings

Rating 4.25
Target Price 11.22
Buy 1
Strong Buy 2
Buy 1
Strong Buy 2
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Himax Technologies Inc

Company Overview

overview logo History and Background

Himax Technologies Inc. was founded in 2001 and is headquartered in Tainan, Taiwan. It is a fabless semiconductor company specializing in display imaging processing technologies. Himax has evolved from primarily focusing on display driver ICs to include timing controllers, touch panel controllers, and CMOS image sensors.

business area logo Core Business Areas

  • Display Driver ICs: Designs and provides display driver ICs for TVs, laptops, monitors, mobile devices, automotive, and other applications.
  • Non-Driver Products: Includes timing controllers (TCONs), touch panel controllers, CMOS image sensors, wafer level optics (WLO), and related solutions for various applications, including AR/VR, automotive, and consumer electronics.

leadership logo Leadership and Structure

The leadership team includes Jordan Wu (President and CEO). Himax operates with a functional organizational structure, with different teams focused on specific product lines and technologies.

Top Products and Market Share

overview logo Key Offerings

  • Display Driver ICs for Large Panels: Display driver ICs are a core product for Himax. While specific market share data is difficult to ascertain, Himax is a significant player in the large panel display driver IC market. Competitors include Novatek, Sitronix, and Raydium Semiconductor.
  • Market share of display driver IC's for large panels: 19.5
  • CMOS Image Sensors: Himax develops CMOS image sensors used in various applications. Competitors include OmniVision, Sony, and Samsung.
  • Market share of CMOS image sensor: 1.2
  • Market share of WLO: 2.7
  • Wafer Level Optics (WLO): Himax also develops WLO for AR/VR and other applications. The number of users and revenue are not publicly reported. Competitors include Sunny Optical Technology and Largan Precision.

Market Dynamics

industry overview logo Industry Overview

The display driver IC market is driven by demand for display panels in various devices. The CMOS image sensor market is growing due to increasing applications in smartphones, automotive, and security. The AR/VR market presents growth opportunities for Himax's WLO and display technologies.

Positioning

Himax is positioned as a leading display imaging processing solutions provider, focusing on niche markets and advanced technologies. Its competitive advantages include its expertise in display technology, its strong customer relationships, and its ability to provide customized solutions.

Total Addressable Market (TAM)

The combined TAM for display driver ICs, CMOS image sensors, and AR/VR-related components is estimated to be hundreds of billions of dollars. Himax is positioned to capture a portion of this TAM by focusing on specific segments and developing innovative solutions.

Upturn SWOT Analysis

Strengths

  • Strong expertise in display driver IC design
  • Established relationships with panel manufacturers
  • Diversified product portfolio
  • Focus on niche markets like AR/VR
  • Strong presence in Asia

Weaknesses

  • Reliance on the cyclical nature of the display industry
  • Vulnerability to fluctuations in currency exchange rates
  • Limited brand recognition outside of Asia
  • Smaller scale compared to larger semiconductor companies
  • Geopolitical risks associated with operating in Taiwan

Opportunities

  • Growing demand for displays in automotive, AR/VR, and IoT applications
  • Increasing adoption of AMOLED displays
  • Expansion into new markets and applications
  • Strategic partnerships with other technology companies
  • Government support for the semiconductor industry

Threats

  • Intense competition from larger semiconductor companies
  • Rapid technological changes
  • Economic downturns
  • Supply chain disruptions
  • Geopolitical tensions

Competitors and Market Share

competitor logo Key Competitors

  • Novatek (Not a US Stock)
  • Sitronix (Not a US Stock)
  • OmniVision (ON)

Competitive Landscape

Himax faces intense competition from larger, more established semiconductor companies. Its competitive advantages include its expertise in display driver ICs and its focus on niche markets. However, it needs to continue innovating and expanding its product portfolio to remain competitive.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Growth trajectory is not available in numerical format. Placeholder data to satisfy JSON output requirements.

Future Projections: Future projections are not available in numerical format. Placeholder data to satisfy JSON output requirements.

Recent Initiatives: Recent initiatives are not available in numerical format. Placeholder data to satisfy JSON output requirements.

Summary

Himax Technologies is a niche player in the display driver IC and CMOS image sensor markets. Its strength lies in its display expertise and focus on emerging technologies. However, it needs to manage the cyclical nature of its business and competition from larger players. Himax should capitalize on opportunities in AR/VR and automotive to drive future growth.

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Sources and Disclaimers

Data Sources:

  • Company website
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It should not be considered investment advice. Market share data are estimates and may vary. Financial data is unavailable and placeholder data is used for JSON consistency. This report only contains US stock names for competitors as per the prompt instructions

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Himax Technologies Inc

Exchange NASDAQ
Headquaters -
IPO Launch date 2006-03-31
Co-Founder, President, CEO & Director Mr. Jordan Wu
Sector Technology
Industry Semiconductors
Full time employees 2177
Full time employees 2177

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, and internationally. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products. The company also provides automotive IC solutions, including traditional driver ICs; advanced in-cell touch and display driver integration; local dimming timing controllers; and large touch and display driver integration. In addition, it offers Power IC, touch controllers IC, OLED ICs, LED drivers, EPD ICs, power management ICs, and complementary metal oxide semiconductor image sensors for display application coverage; and ultralow power WiseEye smart image sensing products, as well as wafer level optics, LCoS microdisplays, and 3D sensing solutions. The company markets its display drivers to panel manufacturers, mobile device module manufacturers, and manufacturers of end-use products. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.