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Taiwan-based fabless semiconductor firm Himax Technologies, Inc. makes display imaging processing technologies used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and many other consumer electronics devices. It has offices in Taiwan, China, Korea, Japan and the US. It has a $1-billion (U.S.) market cap.
Shares have fallen sharply in recent months after a couple analyst downgrades, but a number of guru strategies still like its fundamentals.
Himax has grown earnings per share at a 39-per-cent pace over long term (using an average of the 3, 4, and 5 yr EPS growth rates).
It trades for just 11.5 times trailing 12-month EPS. That and its growth rate make for a strong 0.3 PE-to-growth ratio, part of why the Peter Lynch-based model has strong interest
The company gets some interest from the Kenneth Fisher-based model, thanks to its 1.25 price/sales ratio, 27.5 per cent total debt/equity ratio, and 7.6 per cent three year average net profit margins.
Himax has $374-million in net current assets vs. zero long term debt, which the Benjamin Graham-based model likes. It has a 2.05 current ratio, which the Graham model also likes.
The company has a solid 14-per-cent return on equity and has a 4.4-per-cent dividend yield.
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