HIMX is a fabless semiconductor company that is massively undervalued. They primarily make their profit off of display driver and touch and display integration ICs. Traditionally their profits had been extremely cyclical as their revenue was dominated by cyclical industries like TVs, PCs and laptops, and smartphones. Currently that is changing drastically for himx as they have entered and dominated (40+% market share) the fast growing and high profit margin automotive sector. It is now their highest revenue product sector. Of course some of the cyclical nature to their profits will remain since those previous verticals are still revenue drivers but at a p/e of 3.45 and a p/s of 0.99 it’s a screaming bargain even when that cyclical nature hits. More importantly if you buy in the short term you can still make their 1.25/share special dividend that is paid at once per year which is a yield of over 13% at its current price. Yes the dividend will affect the value short term but with how undervalued this play is it should recover in short order.
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