Himax Technologies (NASDAQ: HIMX) is one of 100 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 dividends, analyst recommendations, risk, valuation, profitability, institutional ownership and earnings.

Analyst Recommendations

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 3 2 10 0 2.47
Himax Technologies Competitors 926 4756 8698 360 2.58

Himax Technologies presently has a consensus target price of $9.67, suggesting a potential downside of 11.19%. As a group, “Semiconductors” companies have a potential upside of 9.49%. 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 and Valuation

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

Gross Revenue NetIncome Price/Earnings Ratio
Himax Technologies $802.92 million $50.91 million 178.17
Himax Technologies Competitors $4.28 billion $522.04 million 46.98

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.

Dividends

Himax Technologies pays an annual dividend of $0.23 per share and has a dividend yield of 2.2%. Himax Technologies pays out 383.3% 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 55.2% of their earnings in the form of a dividend.

Insider & Institutional Ownership

22.3% of Himax Technologies shares are owned by institutional investors. Comparatively, 65.7% of shares of all “Semiconductors” companies are owned by institutional investors. 6.2% of shares of all “Semiconductors” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

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 1.25% 2.10% 1.24%
Himax Technologies Competitors -47.28% 0.93% 0.92%

Volatility and Risk

Himax Technologies has a beta of 0.69, meaning that its share price is 31% less volatile than the S&P 500. Comparatively, Himax Technologies’ rivals have a beta of 1.00, meaning that their average share price is 0% more volatile than the S&P 500.

Summary

Himax Technologies rivals beat Himax Technologies on 9 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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