Himax Technologies Stock Price and Value Analysis

Should you buy Himax Technologies stock? (NasdaqGS:HIMX). Let's see how it does in our automated value investing analysis system.

HIMX Free Cash Flow Trend

Free Cash Flow trendline for HIMX
Free Cash Flow trendline for Himax Technologies

Based on historical returns, we believe that Himax Technologies can grow its free cash at a rate of about 1%. That's positive!

AdvantagesDisadvantagesNeutral
None.
  • This company has wild ups and downs.
  • This company is making money at a modest rate.
  • This company is less known than others.
  • This stock looks overpriced.
  • This company pays no dividend.

Inside the HIMX Numbers

HIMX Price
(Himax Technologies stock price per share)
$11.43
[?] HIMX Fair Price
(based on intrinsic value)
$3.53
[?] HIMX Safety Price (based on a variable margin of safety) $2.12
[?] PE Ratio versus Sector 757% higher than other Technology stocks
[?] PE Ratio versus Industry 0% lower than other Semiconductors stocks
[?] Cash Yield 1.36%
[?] Free Cash Flow Jitter 79%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 2,368,888 shares shorted. With 123,622,861 shares available for purchase and an average trading volume over the past 10 trading days of 3,157,928, it would take at least 0.75 days for all of the short holders to cover their shorts.

Is Himax Technologies Stock on Sale?

We believe that Himax Technologies may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Himax Technologies looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy HIMX Stock?

Does Himax Technologies have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.