HIMXHimax Technologies, Inc.
Is the price fair?
Growth expectations in line with delivery. That is the only one of 3 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Priced for ~7% a year FCF growth. Moderate growth expectations are priced in.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What HIMX's price assumes
Himax Technologies, Inc. trades at 102× earnings against 76.7× for the median Semiconductors name, more expensive than its own group.
Trailing P/E · Semiconductors median 76.7 · 1.33× the median: the market pays up for this one
- Free cash flow yield
- 4.6%
Free cash flow yield · Semiconductors median 1.8%
- Growth the price implies
- +6.9%
Growth the price implies · The price pays for +6.9% free cash flow growth a year for a decade; the business has delivered +19% a year over the last three.
Details›
- Technology median P/E459 names
- 37.7
- Semiconductors median P/E53 names
- 76.7
- Free cash flow, trailing twelve months
- $120M
- Market capitalisation
- $2.63B
- 3-year revenue growth
- −12%
- 3-year free cash flow growth
- +19%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.