Is Himax Technologies Stock a Good Investment?
Himax Technologies Investment Advice | HIMX |
- Examine Himax Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Himax Technologies' leadership team and their track record. Good management can help Himax Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Himax Technologies' business and its evolving consumer preferences.
- Compare Himax Technologies' performance and market position to its competitors. Analyze how Himax Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Himax Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Himax Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Himax Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Himax Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Himax Technologies Stock
Researching Himax Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.09. 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.
To determine if Himax Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Himax Technologies' research are outlined below:
| Himax Technologies generated a negative expected return over the last 90 days | |
| About 31.0% of the company shares are held by company insiders |
Himax Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Himax Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Himax Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Himax Technologies' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 945 M.Himax Technologies' profitablity analysis
The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.Determining Himax Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Himax Technologies is a good buy. For example, gross profit margin measures Himax Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Himax Technologies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Himax Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Himax Technologies. Check Himax Technologies' Beneish M Score to see the likelihood of Himax Technologies' management manipulating its earnings.
Basic technical analysis of Himax Stock
As of the 1st of December, Himax Technologies retains the insignificant Risk Adjusted Performance, market risk adjusted performance of 0.0784, and Standard Deviation of 2.12. Himax Technologies technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Himax Technologies' Outstanding Corporate Bonds
Himax Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Himax Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Himax bonds can be classified according to their maturity, which is the date when Himax Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US432833AL52 Corp BondUS432833AL52 | View | |
| US432833AN19 Corp BondUS432833AN19 | View | |
| Hilton Domestic Operating Corp BondUS432833AG67 | View | |
| Hilton Domestic Operating Corp BondUS432833AH41 | View | |
| US432833AJ07 Corp BondUS432833AJ07 | View | |
| Hilton Worldwide Finance Corp BondUS432833AF84 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Hilton Worldwide Finance Corp BondUS432891AK52 | View |
Understand Himax Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Himax Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | 0.0784 | |||
| Mean Deviation | 1.69 | |||
| Coefficient Of Variation | (8,975) | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.49 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | 0.029 | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.0684 | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 3.89 | |||
| Skewness | 0.2338 | |||
| Kurtosis | (0.42) |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | 0.0784 | |||
| Mean Deviation | 1.69 | |||
| Coefficient Of Variation | (8,975) | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.49 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | 0.029 | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.0684 | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 3.89 | |||
| Skewness | 0.2338 | |||
| Kurtosis | (0.42) |
Consider Himax Technologies' intraday indicators
Himax Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Himax Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Himax Technologies time-series forecasting models is one of many Himax Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Himax Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Himax Stock media impact
Far too much social signal, news, headlines, and media speculation about Himax Technologies that are available to investors today. That information is available publicly through Himax media outlets and privately through word of mouth or via Himax internal channels. However, regardless of the origin, that massive amount of Himax data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Himax Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Himax Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Himax Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Himax Technologies alpha.
Himax Technologies Corporate Management
| MingFeng Pan | Chief Officer | Profile | |
| Greg Falesnik | Managing Representative | Profile | |
| TzungI Li | Chief Spokesperson | Profile | |
| Chang Hsien | Vice Operations | Profile |
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.