Himax Technologies, Inc. (HIMX) vs Navitas Semiconductor Corporation (NVTS)

Himax Technologies, Inc. and Navitas Semiconductor Corporation are both Semiconductors companies. Navitas Semiconductor Corporation is the larger, with a market value of $3.2B against $2.4B — 1.3× the size. Navitas Semiconductor Corporation has negative trailing earnings, so its P/E is not meaningful; Himax Technologies, Inc. trades at 70.4×. Himax Technologies, Inc. grew revenue faster over the last twelve months: −6.85% against −46.4%. Himax Technologies, Inc. has the higher net margin (4.26% vs −856.9%) and the higher return on invested capital (4.02% vs −29.6%). Across the 19 metrics below, Himax Technologies, Inc. leads on 13 and Navitas Semiconductor Corporation on 6.

Valuation

Metric HIMX NVTS Semiconductors median
P/E 70.39 n/m 49.41
P/S 3.05 80.36 8.58
P/B 2.78 3.66 5.49
Price to free cash flow 93.92 n/m 47.02
EV/EBITDA 34.76 n/m 30.78
EV/Sales 2.72 65.15 8.79
Earnings yield 1.42% (10.90%) 0.62%
Free cash flow yield 1.06% (2.31%) 0.59%

Profitability

Metric HIMX NVTS Semiconductors median
Gross margin 31.07% 38.12% 52.25%
Operating margin 4.94% (316.86%) 4.85%
Net margin 4.26% (856.86%) 4.77%
Free cash flow margin 3.25% (185.58%) 8.65%
Return on equity 3.96% (52.60%) 3.11%
Return on assets 2.03% (48.84%) 1.91%
Return on invested capital 4.02% (29.62%) 2.46%

Growth

Metric HIMX NVTS Semiconductors median
Revenue growth (TTM) (6.85%) (46.40%) 16.66%
EPS growth (last fiscal year) (45.22%) (23.91%) —
Revenue growth, 5-year CAGR (1.27%) 31.12% 5.60%
Net income growth, 5-year CAGR (1.39%) 0.00% 0.00%

Health

Metric HIMX NVTS Semiconductors median
Debt to equity 0.65 0.00 0.05
Current ratio 1.55 21.79 3.35
Net debt to EBITDA (12.39) 2.79 0.58

Dividend

Metric HIMX NVTS Semiconductors median
Dividend yield 20.47% — 1.93%
Payout ratio 1.25 0.00 0.00

Size

Metric HIMX NVTS Semiconductors median
Market cap 2.44b 3.15b 5.67b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack