Himax Technologies vs Photronics
Himax Technologies and Photronics are similar in size: $832m and $849m of revenue in their latest fiscal years. Photronics grew faster (-2.0% against -8.2%). Photronics kept more of each dollar of sales as profit: a net margin of 16.1% against 5.3%. Himax Technologies carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Himax TechnologiesHIMX, 2025 | PhotronicsPLAB, 2025 |
|---|---|---|
| Revenue | $832m | $849m |
| Revenue growth | -8.2% | -2.0% |
| Net income | $43.9m | $136m |
| Operating margin | 5.3% | 24.5% |
| Net margin | 5.3% | 16.1% |
| Return on equity | 4.9% | 11.9% |
| Free cash flow | $120m | $59.7m |
| Cash | $258m | $492m |
| Total debt | $0 | $24,000 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 3.6% | — |
| Share buybacks | $4.5m | $97.4m |
| Employees | — | 1,908 |
| Market value | $1.87bn | $1.64bn |
| Price vs our value range | Within our value range | — |
| Moat score | — | 60 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 50 sales |