HIMX Chart
About

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.

Fundamentals
Scroll to Statements
Sector Technology Industry Semiconductors Market Cap 1.35B
Enterprise Value 3.01B Income 43.94M Sales 832.17M
Book/sh 5.12 Cash/sh 0.82 Dividend Yield 4.81%
Payout 146.83% Employees 2200 IPO —
P/E 30.80 Forward P/E 17.11 PEG —
P/S 1.62 P/B 1.50 P/C —
EV/EBITDA 45.09 EV/Sales 3.61 Quick Ratio 0.61
Current Ratio 1.58 Debt/Eq 66.16 LT Debt/Eq —
EPS (ttm) 0.25 EPS next Y 0.45 EPS Growth -74.40%
Revenue Growth -14.40% Earnings 2026-05-07 ROA 1.64%
ROE 5.04% ROIC — Gross Margin 30.57%
Oper. Margin 3.36% Profit Margin 5.28% Shs Outstand 174.30M
Shs Float 247.50M Short Float 2.76% Short Ratio 3.76
Short Interest — 52W High 10.77 52W Low 5.66
Beta 1.87 Avg Volume 1.05M Volume 1.25M
Target Price $8.54 Recom Buy Prev Close $7.61
Price $7.70 Change 1.18%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$8.54
Mean price target
2. Current target
$7.70
Latest analyst target
3. DCF / Fair value
$2.53
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.70
Low
$7.00
High
$10.00
Mean
$8.54

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-12-13 main Baird Outperform → Outperform $15
2023-08-11 up Credit Suisse Neutral → Outperform $8
2022-07-14 down Credit Suisse Outperform → Neutral $7
2022-05-16 main Credit Suisse — → Outperform $14
2022-04-07 down Nomura Instinet Buy → Neutral $11
2021-09-17 down Vertical Research Hold → Sell $8
2020-01-31 up Lake Street Hold → Buy $5
2020-01-06 up Credit Suisse Underperform → Neutral $3
2019-07-12 down Roth Capital Buy → Neutral $4
2018-11-20 down Roth Capital Buy → Neutral $4
2018-11-09 down Credit Suisse Outperform → Neutral —
2018-10-01 up Roth Capital Neutral → Buy —
2018-08-16 down Macquarie Outperform → Neutral $6
2018-03-15 down Roth Capital Buy → Neutral —
2017-11-27 down Morgan Stanley Overweight → Equal-Weight —
2017-11-10 main Baird — → Outperform $11
2017-10-11 down Mizuho Buy → Neutral —
2017-09-28 up Lake Street Hold → Buy —
2017-08-04 up Baird Neutral → Outperform —
2017-07-14 down Oppenheimer Perform → Underperform —
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems963.50K221.75K1.01M164.84K
TaxRateForCalcs0.250.250.150.20
NormalizedEBITDA99.85M69.91M293.94M566.20M
TotalUnusualItems3.85M887.00K6.75M812.00K
TotalUnusualItemsExcludingGoodwill3.85M887.00K6.75M812.00K
NetIncomeFromContinuingOperationNetMinorityInterest79.75M50.62M236.98M436.90M
ReconciledDepreciation22.35M20.32M21.34M21.34M
ReconciledCostOfRevenue630.60M681.93M714.23M798.52M
EBITDA103.70M70.80M300.69M567.01M
EBIT81.35M50.47M279.35M545.67M
NetInterestIncome5.89M2.67M2.03M-198.00K
InterestExpense4.01M6.08M2.78M1.07M
InterestIncome9.91M8.75M4.81M876.00K
NormalizedIncome76.86M49.95M231.24M436.25M
NetIncomeFromContinuingAndDiscontinuedOperation79.75M50.62M236.98M436.90M
TotalExpenses838.58M902.22M943.75M1.00B
TotalOperatingIncomeAsReported68.22M43.21M257.59M545.02M
DilutedAverageShares175.01M174.78M174.82M174.87M
BasicAverageShares174.80M174.50M174.72M174.61M
DilutedEPS0.460.291.362.50
BasicEPS0.460.291.362.50
DilutedNIAvailtoComStockholders79.75M50.62M236.98M436.90M
NetIncomeCommonStockholders79.75M50.62M236.98M436.90M
NetIncome79.75M50.62M236.98M436.90M
MinorityInterests-15.00K1.20M1.51M2.96M
NetIncomeIncludingNoncontrollingInterests79.77M49.42M235.47M433.94M
NetIncomeContinuousOperations79.77M49.42M235.47M433.94M
TaxProvision-2.44M-5.03M41.10M110.66M
PretaxIncome77.33M44.39M276.56M544.59M
OtherIncomeExpense3.22M-1.49M16.95M-231.00K
OtherNonOperatingIncomeExpenses198.00K-1.77M10.94M349.00K
EarningsFromEquityInterest-831.00K-598.00K-743.00K-1.39M
GainOnSaleOfSecurity3.85M887.00K6.75M812.00K
NetNonOperatingInterestIncomeExpense5.89M2.67M2.03M-198.00K
InterestExpenseNonOperating4.01M6.08M2.78M1.07M
InterestIncomeNonOperating9.91M8.75M4.81M876.00K
OperatingIncome68.22M43.21M257.59M545.02M
OperatingExpense207.98M220.28M229.52M203.56M
ProvisionForDoubtfulAccounts0.000.00-190.00K
ResearchAndDevelopment160.33M171.39M175.56M151.39M
SellingGeneralAndAdministration47.65M48.89M53.96M52.36M
SellingAndMarketingExpense23.53M23.86M25.46M23.08M
GeneralAndAdministrativeExpense24.12M25.04M28.50M29.28M
OtherGandA24.12M25.04M28.50M29.28M
GrossProfit276.20M263.50M487.11M748.58M
CostOfRevenue630.60M681.93M714.23M798.52M
TotalRevenue906.80M945.43M1.20B1.55B
OperatingRevenue906.80M945.43M1.20B1.55B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber7.25M7.25M7.87M8.10M
OrdinarySharesNumber349.80M349.45M348.83M348.60M
ShareIssued357.05M356.70M356.70M356.70M
NetDebt320.05M301.75M194.22M
TotalDebt541.91M498.14M420.02M208.50M
TangibleBookValue861.29M827.81M863.34M834.97M
InvestedCapital1.43B1.35B1.31B1.07B
WorkingCapital461.41M491.78M642.81M591.62M
NetTangibleAssets861.29M827.81M863.34M834.97M
CapitalLeaseObligations3.71M4.64M4.22M4.60M
CommonStockEquity890.06M856.77M892.57M869.72M
TotalCapitalization918.56M891.27M933.07M916.22M
TotalEquityGrossMinorityInterest896.33M863.70M893.82M871.98M
MinorityInterest6.27M6.93M1.25M2.26M
StockholdersEquity890.06M856.77M892.57M869.72M
GainsLossesNotAffectingRetainedEarnings8.62M-180.00K-218.00K-666.00K
OtherEquityAdjustments8.62M-180.00K-218.00K-666.00K
TreasuryStock5.55M5.16M5.59M5.76M
RetainedEarnings664.60M640.45M679.12M660.30M
AdditionalPaidInCapital115.38M114.65M112.25M108.84M
CapitalStock107.01M107.01M107.01M107.01M
CommonStock107.01M107.01M107.01M107.01M
TotalLiabilitiesNetMinorityInterest743.19M779.70M807.94M731.21M
TotalNonCurrentLiabilitiesNetMinorityInterest36.56M70.90M113.94M129.99M
OtherNonCurrentLiabilities7.50M35.88M72.75M72.30M
NonCurrentDeferredLiabilities564.00K520.00K691.00K11.19M
NonCurrentDeferredRevenue0.0010.22M
NonCurrentDeferredTaxesLiabilities564.00K520.00K691.00K965.00K
LongTermDebtAndCapitalLeaseObligation28.50M34.50M40.50M46.50M
LongTermDebt28.50M34.50M40.50M46.50M
CurrentLiabilities706.63M708.80M694.00M601.23M
OtherCurrentLiabilities34.27M14.25M
CurrentDeferredLiabilities18.00M25.13M49.17M37.66M
CurrentDeferredRevenue10.62M17.75M49.17M37.66M
CurrentDebtAndCapitalLeaseObligation513.41M463.64M379.52M162.00M
CurrentCapitalLeaseObligation3.71M4.64M4.22M4.60M
CurrentDebt509.70M459.00M375.30M157.40M
OtherCurrentBorrowings6.00M6.00M6.00M6.00M
LineOfCredit503.70M453.00M369.30M151.40M
CurrentProvisions345.00K1.15M7.97M1.57M
PayablesAndAccruedExpenses174.88M184.61M243.09M399.99M
CurrentAccruedExpenses49.00M58.75M46.42M49.89M
Payables125.88M125.86M196.66M350.10M
OtherPayable3.16M3.10M2.67M3.48M
DuetoRelatedPartiesCurrent0.00110.00K2.57M1.64M
TotalTaxPayable9.51M15.31M69.38M96.55M
IncomeTaxPayable9.51M15.31M69.38M96.55M
AccountsPayable113.20M107.34M122.04M248.43M
TotalAssets1.64B1.64B1.70B1.60B
TotalNonCurrentAssets471.48M442.82M364.95M410.35M
OtherNonCurrentAssets18.06M20.76M12.65M17.81M
NonCurrentPrepaidAssets221.82M222.03M162.97M199.98M
NonCurrentDeferredAssets21.19M14.20M11.80M7.19M
NonCurrentDeferredTaxesAssets21.19M14.20M11.80M7.19M
InvestmentsAndAdvances60.35M26.77M22.16M17.38M
InvestmentinFinancialAssets51.78M23.29M15.63M14.08M
AvailableForSaleSecurities28.23M1.64M279.00K410.00K
FinancialAssetsDesignatedasFairValueThroughProfitorLossTotal23.55M21.65M15.35M13.67M
LongTermEquityInvestment8.57M3.49M6.53M3.30M
GoodwillAndOtherIntangibleAssets28.77M28.95M29.23M34.76M
OtherIntangibleAssets636.00K816.00K1.09M6.62M
Goodwill28.14M28.14M28.14M28.14M
NetPPE121.28M130.11M126.14M133.24M
AccumulatedDepreciation-210.42M-200.48M-186.02M-170.66M
GrossPPE331.70M330.59M312.16M303.89M
ConstructionInProgress3.59M4.43M2.21M447.00K
OtherProperties98.38M101.00M97.14M95.67M
MachineryFurnitureEquipment112.05M109.72M94.51M90.57M
BuildingsAndImprovements80.03M77.78M76.47M75.38M
LandAndImprovements37.65M37.65M41.83M41.83M
Properties0.000.000.000.00
CurrentAssets1.17B1.20B1.34B1.19B
OtherCurrentAssets43.47M86.55M104.28M64.28M
RestrictedCash503.70M453.00M369.30M154.10M
Inventory158.75M217.31M370.93M198.60M
FinishedGoods40.45M47.47M63.42M53.88M
WorkInProcess77.24M96.95M169.17M107.36M
RawMaterials41.06M72.89M138.34M37.36M
Receivables237.55M237.35M262.40M411.48M
DuefromRelatedPartiesCurrent13.00K69.00K1.22M1.22M
TaxesReceivable726.00K1.45M31.00K54.00K
AccountsReceivable236.81M235.83M261.15M410.21M
AllowanceForDoubtfulAccountsReceivable0.000.000.000.00
GrossAccountsReceivable236.81M235.83M261.15M410.21M
CashCashEquivalentsAndShortTermInvestments224.57M206.38M229.90M364.38M
OtherShortTermInvestments6.43M14.63M8.31M28.36M
CashAndCashEquivalents218.15M191.75M221.58M336.02M
CashEquivalents4.10M9.70M4.40M2.50M
CashFinancial214.05M182.05M217.18M333.52M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow102.77M129.35M70.78M380.25M
RepurchaseOfCapitalStock-3.00M0.000.00
RepaymentOfDebt-1.74B-1.36B-1.05B-589.87M
IssuanceOfDebt1.78B1.43B1.25B626.60M
IssuanceOfCapitalStock71.00K916.00K487.00K0.00
CapitalExpenditure-13.21M-23.49M-12.13M-8.03M
EndCashPosition218.15M191.75M221.58M336.02M
BeginningCashPosition191.75M221.58M336.02M184.94M
EffectOfExchangeRateChanges-844.00K-200.00K-1.28M-23.00K
ChangesInCash27.24M-29.63M-113.16M151.11M
FinancingCashFlow-88.22M-93.59M-211.07M-4.49M
CashFlowFromContinuingFinancingActivities-88.22M-93.59M-211.07M-4.49M
NetOtherFinancingCharges-74.05M-83.51M-201.29M5.02M
ProceedsFromStockOptionExercised0.000.001.18M
CashDividendsPaid-50.90M-83.87M-217.87M-47.42M
CommonStockDividendPaid-50.90M-83.87M-217.87M-47.42M
NetCommonStockIssuance-2.93M916.00K487.00K0.00
CommonStockPayments-3.00M0.000.00
CommonStockIssuance71.00K916.00K487.00K0.00
NetIssuancePaymentsOfDebt39.67M72.87M207.61M36.73M
NetShortTermDebtIssuance50.70M83.70M217.90M62.40M
ShortTermDebtPayments-1.73B-1.35B-994.80M-564.20M
ShortTermDebtIssuance1.78B1.43B1.21B626.60M
NetLongTermDebtIssuance-11.03M-10.83M-10.29M-25.67M
LongTermDebtPayments-11.03M-10.83M-50.29M-25.67M
LongTermDebtIssuance0.000.0040.00M0.00
InvestingCashFlow-516.00K-88.88M15.00M-232.68M
CashFlowFromContinuingInvestingActivities-516.00K-88.88M15.00M-232.68M
NetOtherInvestingChanges33.56M-56.93M-3.44M-215.65M
NetInvestmentPurchaseAndSale-14.22M-11.82M19.07M-11.48M
SaleOfInvestment90.18M79.10M136.20M37.30M
PurchaseOfInvestment-104.40M-90.92M-117.14M-48.78M
NetBusinessPurchaseAndSale-6.65M433.00K11.51M-598.00K
SaleOfBusiness0.00433.00K14.77M0.00
PurchaseOfBusiness-6.65M0.00-3.26M-598.00K
NetIntangiblesPurchaseAndSale-153.00K-115.00K-331.00K-468.00K
PurchaseOfIntangibles-153.00K-115.00K-331.00K-468.00K
NetPPEPurchaseAndSale-13.05M-20.45M-11.80M-4.49M
SaleOfPPE0.002.93M0.003.08M
PurchaseOfPPE-13.05M-23.38M-11.80M-7.56M
OperatingCashFlow115.98M152.84M82.91M388.28M
CashFlowFromContinuingOperatingActivities115.98M152.84M82.91M388.28M
TaxesRefundPaid-9.14M-53.07M-71.50M-19.65M
InterestReceivedCFO9.73M8.57M4.53M852.00K
InterestPaidCFO-4.01M-6.08M-2.78M-1.07M
ChangeInWorkingCapital11.50M116.04M-154.44M-168.52M
ChangeInOtherWorkingCapital45.00K-37.05M1.28M41.26M
ChangeInOtherCurrentLiabilities-11.27M-3.36M5.80M9.04M
ChangeInOtherCurrentAssets3.94M-3.86M10.10M-27.09M
ChangeInPayablesAndAccruedExpense14.46M7.41M-123.94M74.02M
ChangeInPayable14.46M7.41M-123.94M74.02M
ChangeInAccountPayable14.57M7.68M-124.87M74.95M
ChangeInInventory45.01M132.09M-194.54M-99.34M
ChangeInReceivables-40.68M20.81M146.86M-166.41M
ChangesInAccountReceivables-40.74M20.80M146.87M-166.40M
OtherNonCashItems-5.89M-734.00K-2.03M198.00K
StockBasedCompensation1.25M2.66M3.10M700.00K
UnrealizedGainLossOnInvestmentSecurities-1.36M-1.66M-1.25M284.00K
ProvisionandWriteOffofAssets0.000.00-190.00K
AssetImpairmentCharge13.55M21.54M22.21M9.45M
DeferredTax-2.44M-5.03M41.10M110.66M
DeferredIncomeTax-2.44M-5.03M41.10M110.66M
DepreciationAmortizationDepletion22.35M20.32M21.34M21.34M
DepreciationAndAmortization22.35M20.32M21.34M21.34M
OperatingGainsLosses664.00K854.00K-12.83M292.00K
EarningsLossesFromEquityInvestments831.00K598.00K743.00K1.39M
NetForeignCurrencyExchangeGainLoss-171.00K624.00K-2.88M-953.00K
GainLossOnSaleOfPPE4.00K-368.00K0.00-147.00K
GainLossOnSaleOfBusiness0.000.00-10.69M0.00
NetIncomeFromContinuingOperations79.77M49.42M235.47M433.94M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for HIMX
Date User Asset Broker Type Position Size Entry Price Patterns