HIMX

HIMX — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($7.31)
DCF$0.68-90.7%
Graham Number$5.37-26.6%
Reverse DCFimplied g: 27.9%
DDM$7.62+4.3%
EV/EBITDA$14.68+100.9%

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $24.46M
Rev: -14.4% / EPS: -74.4%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$0.68
Current Price$7.31
Upside / Downside-90.7%
Net Debt (used)$310.62M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$0.70$1.20$1.79$2.47$3.24
8.0%$0.26$0.66$1.13$1.68$2.30
9.0%$-0.05$0.29$0.68$1.13$1.65
10.0%$-0.27$0.02$0.35$0.73$1.17
11.0%$-0.44$-0.19$0.10$0.43$0.81

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.25
Yahoo: $5.12

Results

Graham Number$5.37
Current Price$7.31
Margin of Safety-26.6%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$7.31
Implied Near-term FCF Growth27.9%
Historical Revenue Growth-14.4%
Historical Earnings Growth-74.4%
Base FCF (TTM)$24.46M
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: $0.37

Results

DDM Intrinsic Value / share$7.62
Current Price$7.31
Upside / Downside+4.3%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $66.67M
Current: 43.0×
Default: $310.62M

Results

Implied Equity Value / share$14.68
Current Price$7.31
Upside / Downside+100.9%
Implied EV$2.87B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.69B-$689.38M$310.62M$1.31B$2.31B
39.0x$24.63$18.89$13.15$7.42$1.68
41.0x$25.39$19.66$13.92$8.18$2.45
43.0x$26.16$20.42$14.68$8.95$3.21
45.0x$26.92$21.19$15.45$9.71$3.98
47.0x$27.69$21.95$16.21$10.48$4.74