HIMX

Technology

Himax Technologies, Inc. · Semiconductors · $4B

UQS Score — Balanced Preset
36.2
Below Average

Himax Technologies, Inc. scores 36.2/100 using the Balanced preset.

UQS vs Technology Sector
HIMX
36.2
Sector avg
38.0
Quality
Weak
Moat
Weak
Growth
Neutral
Risk
Good
Valuation
Neutral

What is Himax Technologies, Inc.?

Himax Technologies is a fabless semiconductor company headquartered in Tainan City, Taiwan, specializing in display imaging processing technologies. Its products reach customers across Asia, Europe, and North America, serving a broad range of consumer and industrial electronics markets.

Himax operates through two segments: Driver IC and Non-Driver Products. The Driver IC segment supplies display driver integrated circuits and timing controllers used in televisions, laptops, monitors, smartphones, tablets, and automotive displays. The Non-Driver segment covers touch controllers, LED driver ICs, liquid crystal on silicon microdisplays for augmented reality, image sensors, and wafer-level optics. Customers include panel manufacturers, module makers, camera module producers, and optical engine manufacturers worldwide.

Himax was founded in 2006 and is headquartered in Tainan City, Taiwan.

  • Display driver ICs for TVs, monitors, and mobile devices
  • Timing controllers for consumer and automotive displays
  • Liquid crystal on silicon microdisplays for AR and automotive head-up displays
  • CMOS image sensors and wafer-level optics for 3D sensing and AI imaging
  • Touch and display driver integration single-chip solutions

Is HIMX a Good Stock to Buy?

UQS Score rates HIMX as Below Average overall.

Among the five pillars, Risk and Valuation stand out as relative strengths. The company's risk profile is rated Good, suggesting a manageable balance sheet and limited near-term financial distress signals. Valuation is also rated Good, meaning the stock does not appear richly priced relative to its fundamentals — a consideration for investors weighing entry points in the small-cap semiconductor space.

Quality, Moat, and Growth are all rated Weak, reflecting limited competitive differentiation, constrained earnings quality, and a challenging growth trajectory in a competitive display semiconductor market.

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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does HIMX pay dividends?

Yes — Himax Technologies, Inc. pays a dividend.

Himax pays a regular dividend, which is relatively uncommon among small-cap semiconductor companies. This reflects a capital return posture that may appeal to income-oriented investors. Because the company operates in a cyclical, capital-light fabless model, dividend sustainability depends on earnings consistency — something investors should weigh alongside the Weak Quality and Growth pillar ratings.

When does HIMX report earnings?

Himax Technologies reports earnings on a quarterly cadence, typical for US-listed equities.

The company's results have reflected the broader cyclicality of the display semiconductor industry, with demand fluctuations tied to consumer electronics and automotive end markets. Revenue trends and margin dynamics have been uneven, consistent with the Weak Quality and Growth pillar ratings assigned by UQS Score.

For the most recent quarter's results and guidance, visit Himax Technologies' investor relations page directly.

HIMX Price History

+21.4% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Himax Technologies, Inc.?

$
Today it would be worth
$13,227
That's a +32.3% total return, or +5.8% annualized.

Based on Himax Technologies, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

HIMX Long-term Outlook

The fundamental outlook for HIMX is cautious. With Growth and Quality both rated Weak, near-term revenue expansion and earnings improvement face meaningful headwinds. The Good Risk rating provides some stability, suggesting the company is not in acute financial distress, but the absence of a strong moat limits pricing power. The Good Valuation rating indicates the stock may already reflect much of the downside, leaving the risk-reward profile dependent on a cyclical recovery in display and AR-related demand.

Growth drivers

  • Expanding adoption of AR devices and automotive head-up displays using LCOS microdisplays
  • Growing demand for AI-enabled ultra-low power image sensing across IoT and automotive applications
  • Recovery in consumer electronics demand benefiting display driver IC volumes

Key risks

  • Intense competition in the display driver IC market from larger, better-capitalized peers
  • Cyclical demand swings in consumer electronics and panel manufacturing
  • Weak moat limits ability to defend margins during industry downturns

HIMX vs Peers

Himax competes in the broader semiconductor and display technology space alongside several other small-cap players.

COHUHIMX scores higher
Cohu, Inc.

Cohu focuses on semiconductor test and inspection equipment rather than display ICs, serving a different part of the chip supply chain.

MXLHIMX scores higher
MaxLinear, Inc.

MaxLinear targets broadband and connectivity semiconductors, competing for design wins in infrastructure and access markets rather than display imaging.

ICHRHIMX scores higher
Ichor Holdings, Ltd.

Ichor specializes in gas and chemical delivery systems for semiconductor equipment manufacturers, operating upstream from chip design companies like Himax.

Frequently Asked Questions

What does Himax Technologies do?

Himax is a fabless semiconductor company that designs display driver integrated circuits, timing controllers, touch solutions, and non-driver products including image sensors and liquid crystal on silicon microdisplays. Its chips are used in televisions, smartphones, laptops, automotive displays, and augmented reality devices across global markets.

Does HIMX pay dividends?

Yes, Himax Technologies pays a regular dividend. This is notable for a small-cap semiconductor company. Investors should review the company's investor relations page for the current dividend rate and payment schedule, as payouts can vary with earnings cycles.

When does HIMX report earnings?

Himax reports earnings on a quarterly basis, consistent with standard practice for US-listed companies. For the exact date of the next earnings release, check Himax's investor relations page or a financial calendar service.

Is HIMX a good stock to buy?

UQS Score rates HIMX as Below Average overall. The Risk and Valuation pillars are rated Good, but Quality, Moat, and Growth are all rated Weak. This profile suggests limited near-term upside catalysts. Pro members can view the complete pillar breakdown to make a more informed assessment.

Is HIMX overvalued?

The UQS Valuation pillar for HIMX is rated Good, suggesting the stock is not considered expensive relative to its fundamentals at current levels. However, valuation alone does not determine investment merit — the Weak Quality and Growth ratings are important context for any valuation assessment.

How does HIMX compare to its competitors?

Himax occupies a niche in display imaging semiconductors, while peers like Cohu, MaxLinear, and Ichor operate in adjacent but distinct semiconductor segments. HIMX's focus on display drivers and AR microdisplays differentiates it, though its Weak Moat rating suggests limited competitive insulation within its own markets.

What is HIMX's market cap bracket?

Himax Technologies is classified as a small-cap stock. Small-cap companies can offer growth potential but typically carry higher volatility and liquidity risk compared to large- or mega-cap peers in the semiconductor sector.

Who founded Himax Technologies?

Himax Technologies was founded in 2006. For detailed founding history and leadership background, the company's official website and public filings provide comprehensive information.

Is HIMX a long-term quality investment?

As a long-term quality indicator, the UQS Score rates HIMX as Below Average, with Weak scores across Quality, Moat, and Growth pillars. While the Good Risk and Valuation ratings offer some comfort, sustained long-term outperformance typically requires stronger competitive advantages and earnings quality than HIMX currently demonstrates.

What is the main competitive advantage of Himax Technologies?

Himax's primary differentiation lies in its specialized expertise in display driver ICs and its expanding portfolio in AR microdisplays and AI image sensing. However, the UQS Moat pillar is rated Weak, indicating that these advantages have not yet translated into durable pricing power or market share protection against larger competitors.

What sector does HIMX belong to?

Himax Technologies belongs to the Technology sector, specifically within the fabless semiconductor industry. It focuses on display imaging processing, a subsegment that intersects consumer electronics, automotive technology, and emerging augmented reality applications.

Is HIMX a growth stock or value stock?

Based on UQS pillar labels, HIMX does not fit cleanly into either category. The Growth pillar is rated Weak, making it difficult to characterize as a growth stock. The Valuation pillar is rated Good, which carries a value-like quality — though this reflects modest expectations rather than a classic deep-value profile.

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HIMX — Score History

3035404550Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 19 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 16, 202636.714.320.042.576.154.7-2.4
May 3, 202639.123.320.033.578.665.10.0
Apr 26, 202639.123.320.033.578.665.5-0.5
Apr 25, 202639.623.320.033.578.668.9-0.1
Apr 23, 202639.723.320.033.578.669.0+0.1
Apr 19, 202639.623.320.033.578.668.9-0.7
Apr 18, 202640.323.320.033.578.673.5-1.9
Apr 16, 202642.224.220.033.578.684.20.0
Apr 15, 202642.224.420.033.578.684.2-0.2
Apr 14, 202642.425.320.033.578.684.2-0.1

HIMX — Pillar Breakdown

Quality

14.0/100 (25%)

Himax Technologies, Inc. currently shows below-average quality metrics, suggesting challenges with profitability.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Return on EquityWeak

Profitability relative to shareholders' equity.

Operating ProfitabilityWeak

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Gross Profit / AssetsWeak

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationWeak

Free cash flow relative to market value.

Growth

42.5/100 (20%)

Himax Technologies, Inc. shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookModerate

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

76.1/100 (15%)

Himax Technologies, Inc. carries minimal financial risk with conservative leverage and strong solvency.

Financial LeverageStrong

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioModerate

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageModerate

Earnings capacity relative to interest payments.

Valuation

52.0/100 (15%)

Himax Technologies, Inc. has a mixed valuation — some metrics suggest fair value while others appear stretched.

Earnings YieldModerate

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowModerate

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorWeak

Enterprise value multiple relative to sector median.

Moat

20/100 (25%)

Himax Technologies, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for HIMX.

Score Composition

Quality
14.0×25%3.5
Growth
42.5×20%8.5
Risk
76.1×15%11.4
Valuation
52.0×15%7.8
Moat
20.0×25%5.0
Total
36.2Below Average

Financial Data

More Stock Analysis

How is the HIMX UQS Score Calculated?

The UQS (Unified Quality Score) for Himax Technologies, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Himax Technologies, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Himax Technologies, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.