Himax Technologies (HIMX) vs. Its Rivals Head-To-Head Review
Himax Technologies (NASDAQ: HIMX) is one of 104 public companies in the “Semiconductors” industry, but how does it compare to its rivals? We will compare Himax Technologies to similar companies based on the strength of its earnings, institutional ownership, risk, valuation, profitability, analyst recommendations and dividends.
Risk and Volatility
Himax Technologies has a beta of 0.69, meaning that its stock price is 31% less volatile than the S&P 500. Comparatively, Himax Technologies’ rivals have a beta of 1.05, meaning that their average stock price is 5% more volatile than the S&P 500.
This table compares Himax Technologies and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Himax Technologies Competitors||-46.54%||1.08%||0.76%|
Himax Technologies pays an annual dividend of $0.23 per share and has a dividend yield of 2.3%. Himax Technologies pays out 191.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Semiconductors” companies pay a dividend yield of 1.4% and pay out 58.0% of their earnings in the form of a dividend.
This is a breakdown of recent ratings for Himax Technologies and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Himax Technologies Competitors||920||4779||8680||363||2.58|
Himax Technologies presently has a consensus price target of $9.60, indicating a potential downside of 5.88%. As a group, “Semiconductors” companies have a potential upside of 7.77%. Given Himax Technologies’ rivals stronger consensus rating and higher probable upside, analysts plainly believe Himax Technologies has less favorable growth aspects than its rivals.
Earnings & Valuation
This table compares Himax Technologies and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Himax Technologies Competitors||$4.28 billion||$1.35 billion||24.00|
Himax Technologies’ rivals have higher revenue and earnings than Himax Technologies. Himax Technologies is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Institutional and Insider Ownership
21.6% of Himax Technologies shares are held by institutional investors. Comparatively, 65.2% of shares of all “Semiconductors” companies are held by institutional investors. 31.5% of Himax Technologies shares are held by company insiders. Comparatively, 6.7% of shares of all “Semiconductors” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
About Himax Technologies
Himax Technologies, Inc. is a fabless semiconductor solution provider. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. The Company operates through two segments: Driver IC and Non-driver products. In addition, the Company designs and provides controllers for touch sensor displays, liquid crystal on silicon micro-displays used in palm-size projectors and head-mounted displays, light-emitting diode driver ICs, power management ICs, scaler products for monitors and projectors, video processing IC solutions and silicon IPs. It also offers digital camera solutions, including complementary metal-oxide-semiconductor image sensors and wafer level optics, which are used in a range of applications, such as mobile phone, tablet, laptop, televisions, personal computer camera, automobile, security and medical devices.
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