- I couldn't find any comparative analysis of Himax with its Taiwanese peers, so I decided to make my own one.
- There's nothing special about Himax in absolute terms of the financial ratios. But their dynamics in FY2020 showed that the stock has tripled for a reason.
- Based on the price history analysis of the analyzed companies, I believe the results of the successful FY2020 are still not reflected in Himax's stock price.
- On the other hand, compared to some related indices, the stock looks hugely overheated. From my point of view, this represents the biggest risk to my thesis.
- Anyway, I'd like to recommend buying the stock at its current levels.
For further details see:
Himax Technologies Is A Mispriced Opportunity