Himax Technologies (NASDAQ: HIMX) is one of 104 public companies in the “Semiconductors” industry, but how does it compare to its peers? We will compare Himax Technologies to related businesses based on the strength of its profitability, valuation, risk, institutional ownership, earnings, analyst recommendations and dividends.

Volatility & Risk

Himax Technologies has a beta of 0.69, suggesting that its stock price is 31% less volatile than the S&P 500. Comparatively, Himax Technologies’ peers have a beta of 1.05, suggesting that their average stock price is 5% more volatile than the S&P 500.

Insider and Institutional Ownership

21.6% of Himax Technologies shares are owned by institutional investors. Comparatively, 65.2% of shares of all “Semiconductors” companies are owned by institutional investors. 31.5% of Himax Technologies shares are owned by company insiders. Comparatively, 6.7% of shares of all “Semiconductors” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Himax Technologies and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Himax Technologies 2.58% 4.24% 2.52%
Himax Technologies Competitors -46.43% 1.05% 0.79%

Dividends

Himax Technologies pays an annual dividend of $0.23 per share and has a dividend yield of 2.1%. 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 56.1% of their earnings in the form of a dividend.

Earnings & Valuation

This table compares Himax Technologies and its peers revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Himax Technologies $802.92 $50.91 91.26
Himax Technologies Competitors $4,268.18 $517.81 20.78

Himax Technologies’ peers have higher revenue and earnings than Himax Technologies. Himax Technologies is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a breakdown of recent recommendations for Himax Technologies and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Himax Technologies 3 2 10 0 2.47
Himax Technologies Competitors 920 4781 8686 363 2.58

Himax Technologies currently has a consensus target price of $9.60, suggesting a potential downside of 12.33%. As a group, “Semiconductors” companies have a potential upside of 0.46%. Given Himax Technologies’ peers stronger consensus rating and higher possible upside, analysts clearly believe Himax Technologies has less favorable growth aspects than its peers.

Summary

Himax Technologies peers beat Himax Technologies on 8 of the 15 factors compared.

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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