Himax Technologies Inc
NASDAQ:HIMX

Watchlist Manager
Himax Technologies Inc Logo
Himax Technologies Inc
NASDAQ:HIMX
Watchlist
Price: 8.19 USD -1.09% Market Closed
Market Cap: 1.4B USD

Relative Value

The Relative Value of one HIMX stock under the Base Case scenario is 13.24 USD. Compared to the current market price of 8.19 USD, Himax Technologies Inc is Undervalued by 38%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HIMX Relative Value
Base Case
13.24 USD
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
15
vs Industry
62
Median 3Y
1.1
Median 5Y
1.1
Industry
3.4
Forward
1.6
vs History
9
vs Industry
39
Median 3Y
16.2
Median 5Y
14.2
Industry
30.3
Forward
25
vs History
47
vs Industry
42
Median 3Y
10.2
Median 5Y
8.7
Industry
19.2
vs History
31
vs Industry
38
Median 3Y
5.9
Median 5Y
5.2
Industry
25.6
vs History
34
vs Industry
57
Median 3Y
1.3
Median 5Y
1.4
Industry
2.6
vs History
12
vs Industry
54
Median 3Y
1.4
Median 5Y
1.4
Industry
3.7
Forward
2
vs History
12
vs Industry
56
Median 3Y
4.8
Median 5Y
4.7
Industry
12.2
vs History
15
vs Industry
29
Median 3Y
18.2
Median 5Y
15.2
Industry
18.8
Forward
17.9
vs History
20
vs Industry
28
Median 3Y
24.4
Median 5Y
20.2
Industry
25.4
Forward
26.3
vs History
42
vs Industry
34
Median 3Y
13
Median 5Y
9.4
Industry
19.4
vs History
41
vs Industry
28
Median 3Y
15
Median 5Y
10.9
Industry
24.8
vs History
28
vs Industry
54
Median 3Y
1
Median 5Y
1.1
Industry
2.1

Multiples Across Competitors

HIMX Competitors Multiples
Himax Technologies Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Himax Technologies Inc
NASDAQ:HIMX
1.4B USD 1.7 22.9 21.5 29
US
NVIDIA Corp
NASDAQ:NVDA
4.2T USD 22.4 42.2 36.5 37.4
US
Broadcom Inc
NASDAQ:AVGO
1.5T USD 24 66.2 44.9 59.8
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
37.1T TWD 10.2 23.4 14.1 19.6
US
Advanced Micro Devices Inc
NASDAQ:AMD
328.3B USD 10.2 99.3 55.6 115
KR
SK Hynix Inc
KRX:000660
380.4T KRW 4.5 10.7 7.5 10.3
US
Micron Technology Inc
NASDAQ:MU
256.3B USD 6.9 30 14.3 26.4
US
Qualcomm Inc
NASDAQ:QCOM
187.8B USD 4.2 33.9 13.8 15.5
US
Intel Corp
NASDAQ:INTC
174.4B USD 3.3 881 16.7 -1 803.4
US
Texas Instruments Inc
NASDAQ:TXN
160.6B USD 9.3 32 21.4 28.1
US
Analog Devices Inc
NASDAQ:ADI
134.8B USD 12.2 59.4 27.9 46.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
Himax Technologies Inc
NASDAQ:HIMX
Average EV/EBIT: 38.7
29
19%
1.5
US
NVIDIA Corp
NASDAQ:NVDA
37.4
51%
0.7
US
Broadcom Inc
NASDAQ:AVGO
59.8
50%
1.2
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
19.6
28%
0.7
US
Advanced Micro Devices Inc
NASDAQ:AMD
115
111%
1
KR
SK Hynix Inc
KRX:000660
10.3
50%
0.2
US
Micron Technology Inc
NASDAQ:MU
26.4
42%
0.6
US
Qualcomm Inc
NASDAQ:QCOM
15.5
8%
1.9
US
Intel Corp
NASDAQ:INTC
Negative Multiple: -1 803.4 N/A N/A
US
Texas Instruments Inc
NASDAQ:TXN
28.1
16%
1.8
US
Analog Devices Inc
NASDAQ:ADI
46.5
34%
1.4