HIMX
Himax Technologies, Inc.

Himax Technologies, Inc.HIMX

Technology · Semiconductors
14.71USD
+0.68%
Sep 23, 2026
HIMX overview ready
Fabless supplier of automotive display driver ICs and integrated touch controllers
Himax is a fabless component supplier of automotive display driver ICs, timing controllers, integrated touch-and-display drivers, local-dimming controllers and related display-interface products.
Narrative not measured
Vehicle Digitalization and Smart CockpitsAutomotive Display and Interface Semiconductor ContentComponent supplier
Advancing price action
Longer-term context reads mature trend, with a near-term setup of daily advance.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Fundamentals under pressure
Free cash flow yield is weak.
Primary risk
Cyclical demand in consumer electronics.
Market Sep 22Price action Sep 22Research Aug 8

Conviction Level

NarrativeHeat—ThemeHeat6.1PriceAction8.9Valuation2.7CompanyPosition7.3
Price
Loading price history…

Price Action

Advancing price action
Longer-term context reads mature trend, with a near-term setup of daily advance.
EntryReset + recovery

The stock remains extended from its long-term weekly base, but the recent reset toward the daily SMA100 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$2.4B
Avg Volume (60D)
1.2M
60 sessions
Revenue Growth YoY
-7.6%
Trailing twelve months
Gross Margin
+31.1%
Operating Margin
+5.0%
Trailing twelve months
Free Cash Flow Yield
-3.5%
Distance from 200DMA
+22.6%
Next Earnings
2026-11-05
P/E
70.1x
EV / EBITDA
34.7x
EV / Sales
2.6x
Market metrics as of Sep 22, 2026

Fundamentals & Valuation

One of the two valuation perspectives says expensive; peers is the dissenting view.
Himax Technologies, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces. It trades at 34.7x EBITDA and 2.6x revenue, which require sustained delivery to be justified.

What changed

  • Price structure improved
    HIMX: behavior moved from damaged structure to early trend, and weekly structure moved from downtrend to uptrend.
    2026-09-13
  • MU, a AI Semiconductors and Advanced Packaging peer of HIMX, had a material event
    Dated 2026-09-11.
    2026-09-11
  • Price structure deteriorated
    HIMX: behavior moved from constructive pullback to damaged structure, and weekly structure moved from uptrend to downtrend.
    2026-09-06
  • Price structure improved
    HIMX: behavior moved from damaged structure to constructive pullback, and weekly structure moved from downtrend to uptrend.
    2026-08-31

Company Research

Thesis
Himax is a fabless component supplier of automotive display driver ICs, timing controllers, integrated touch-and-display drivers, local-dimming controllers and related display-interface products.
Opportunity
Moderate opportunity
Rising semiconductor content per vehicle from larger, multiple, higher-resolution and touch-enabled cockpit displays, including clusters, center-information displays, passenger displays and head-up-display-related interfaces.
Key risk
Cyclical demand in consumer electronics.

Narrative & Theme

Vehicle Digitalization and Smart Cockpits
Part of Automotive Display and Interface Semiconductor Content, with moderate fit.
Himax has a real and relatively direct exposure to the expansion of digital automotive cockpits: its automotive display portfolio addresses the electronics content required as vehicles add larger and more complex LCD/OLED displays, touch interfaces and local-dimming capability.
Narrative HeatCooling4.0 / 10
This reading is no longer current (last measured 2026-09-04). It is kept until the next scheduled measurement replaces it.
Theme HeatNeutral6.1 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Semiconductors
What they do

Himax Technologies is a fabless semiconductor company that designs and sells display imaging processing integrated circuits and related products globally, operating primarily through its Driver IC and Non-Driver Products segments.

How it earns

The company generates revenue primarily through transactional sales of semiconductor products to device manufacturers.

Products & services
Display driver integrated circuits (ICs)
Timing controllers
Automotive IC solutions
Customers & end markets
Consumer electronics manufacturers (TVs, monitors, laptops, mobile devices)
Automotive industry
Industrial display manufacturers
Market position

Niche player specializing in display driver ICs within the semiconductor industry.

Demand drivers
Medium cyclicality

Semiconductor demand is influenced by consumer electronics cycles and automotive industry trends.