Himax Technologies (HIMX) vs IPG Photonics (IPGP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Himax Technologies (HIMX) has outperformed IPG Photonics (IPGP) over the past year, gaining 56.7% versus a loss of 5.0%. Over five years, HIMX leads with a +43.9% price change compared with -51.0% for IPGP. IPG Photonics is the larger company by market cap ($3.44 billion vs $2.46 billion), about 1.4 times the size.
On valuation, Himax Technologies trades at a lower forward P/E (10.8x vs 35.1x for IPG Photonics).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HIMX | IPGP |
|---|---|---|
| Share price | $14.09 | $80.89 |
| Market cap | $2.46B | $3.44B |
| 1-day change | -5.12% | -3.35% |
| YTD return | +72.04% | +12.97% |
| 1-year return | +56.73% | -4.97% |
| 5-year return | +43.92% | -51.00% |
| P/E ratio (TTM) | 70.45 | 128.40 |
| Forward P/E | 10.84 | 35.06 |
| EPS (TTM) | $0.20 | $0.63 |
| Dividend yield | 1.79% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $25.09 | $155.82 |
| 52-week low | $6.85 | $69.41 |
| Distance from 52-week high | -43.84% | -48.09% |
| Analyst consensus | none | buy |
| Avg. price target upside | +114.34% | +53.47% |
| Average volume | 1.22M | 471.39K |
| Shares outstanding | 174.43M | 42.53M |
| Employees | 2,200 | 4,840 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- HIMX has outperformed IPGP by 61.7 percentage points over the past year.
- IPG Photonics trades at a higher earnings multiple (128.4x vs 70.5x trailing P/E).
- Himax Technologies offers a meaningfully higher dividend yield (1.79% vs 0.00%).
About Himax Technologies
HIMX stock →Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, Mexico, and internationally. It operates in two segments, Driver IC and Non-Driver Products.
Technology · Semiconductors · 2,200 employees
About IPG Photonics
IPGP stock →IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; and high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers, as well as other versions.
Technology · Semiconductors · 4,840 employees
HIMX vs IPGP FAQ
Which is bigger, Himax Technologies or IPG Photonics?
IPG Photonics (IPGP) is larger, with a market capitalization of $3.44B compared with $2.46B for Himax Technologies (HIMX).
Which stock has performed better over the past year, HIMX or IPGP?
HIMX returned +56.73% over the past 12 months, compared with -4.97% for IPGP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HIMX or IPGP?
HIMX has the lower trailing P/E at 70.5, versus 128.4 for IPGP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Himax Technologies or IPG Photonics?
Himax Technologies pays a dividend yielding 1.79%, while IPG Photonics does not currently pay a regular dividend.
Are Himax Technologies and IPG Photonics in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.