Himax Technologies, Inc. (HIMX)

This met a high level screen to indicate a buy and strong outperform against its peers (other tickers in its industry). My 1st version of this spreadsheet devles deep into the company's balnace sheet and recent income statements, combined with other relevant price data for the company including insider/institutional holdings, short interest, debt levels, etc.
Testing capabilities of this 1st version of my automated, valuation spreadhseet matched with my personal criteria and see how it holds up.

could certainly go lower but I am banking on MF consensus ratings, dividend and strong position for the long haul.

Book pretty much is the same as market value right now. Below 25/50/200 mda. Time to buy now and hold

Adding a few random stocks from a screen:
P/FCF<10
Debt/Equity<0.1
PEG<1
P/S<1

Mmm...semiconductors...

div 10%. NO DEBT, makes parts for flat screens.

HIMX develops and distributes chips from its Taiwan base. It is stockholder friendly and is underpriced.

Good niche in semiconductor industry, well positioned as a vendor globally, financially sound, but undervalued. Once consumer confidence returns, I expect the sales will increase threefold.

Good niche business with little debt, and profitable.

PE of 7 . No debt. pays a 9% dividend . still profitable through the downturn, although profits down somewhat.

"flat panels" are not just for TV and computer screens but cell phones etc. a huge market!

headquartered in Taiwan, not mainland China. probably has better bookkeeping than on the mainland and still in a good position to benefit from the boom across the straight.

Pretty awesome company.

no debt, room for growth in growth sector

will boom with china. good balance sheet

Profitable growth company (LED screens?) priced below tangible book value, paying dividend, with a P/E of 12. What can I ask for more.

See http://www.stoxline.com/quote.php?symbol=HIMX

Signalling "Strong Buy" at today's price.

o 12 month target = $5.42.
o downside resistance = $2.91
o Pays 9.2% yield at $3.54.
o No debt.
o Doing IPO so it trades on Taiwan stock exchange.
o Lots of insider ownership and savvy management (many educated in U.S.).

As with all stocks shown on my Fool CAPS board, I own shares of HIMX. I would like to see cash flow get back to $100 million / quarter before buying more (indicator that business is doing better and dividend increase imminent).

Dave

recovery and china

Solid Financials, big sell off today post earnings. As demand recovers with the economy Himax are well positioned to take advantage. Expecting a good Q4 09, 2010 and beyond.

Himax has beautiful financials. Low trailing and forward PE, Price to Sales right at 1, no debt, and growth year over year has been huge (besides Q1 2009 but come on). Lovely dividend to boot. Just added to my real portfolio today at 3.75, wishing I'd found it 6 months ago.

I thought this was a great buy at a $1.50 and I still think it is a good buy at its current price of $3.80.