Is MOBX better than HIMX?
7/31/2024 11:50am
**Mobix Labs (MOBX) appears to be outperforming Himax Technologies (HIMX) based on the latest financial metrics and growth rates.** Here's the analysis to support this conclusion:
1. **Revenue and Net Income Growth**:
- Mobix Labs has experienced a staggering year-on-year revenue growth of 3478.13%, compared to Himax Technologies' revenue decline of -21.30%.
- Mobix Labs also has a significantly higher net income growth rate of 86.66% compared to Himax's -78.64%.
|Ticker|Name|Net Income year-on-year growth rate|Total Revenue year-on-year growth rate|Diluted EPS QoQ growth rate|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|MOBX.O|Mobix Labs|86.66108659260387|3478.125|-625|20240630|MOBX|185|
|HIMX.O|Himax Technologies||||20240630|HIMX|185|
2. **Earnings Per Share (EPS)**:
- Mobix Labs reported an EPS of $0.04, which is a positive indicator of profitability, whereas Himax Technologies showed a negative EPS of -$0.66.
- The EPS growth rate for Mobix Labs was -625%, indicating a significant decline, while Himax's EPS was not provided.
|Ticker|Name|Total Revenue|Net Income|Diluted EPS|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|MOBX.O|Mobix Labs||935000|0.04|2024 Q1|MOBX|185|
|HIMX.O|Himax Technologies||1.2277E7||2024 Q1|HIMX|185|
|MOBX.O|Mobix Labs|1145000|||2024 Q2|MOBX|185|
|HIMX.O|Himax Technologies||||2024 Q2|HIMX|185|
3. **Valuation Metrics**:
- Mobix Labs has a higher price-to-book ratio of 10.02 compared to Himax's 1.36, suggesting that Mobix Labs may be perceived as a more valuable investment.
- Mobix Labs also has a higher price-to-sales ratio of 14.55 compared to Himax's 1.43, which may indicate a stronger market presence and potential for revenue generation.
- Himax has a higher price-to-earnings ratio of 24.58 compared to Mobix's 0, which could mean that Himax is more expensive relative to its earnings.
|Ticker|Name|Price to Book Ratio|P/S|P/E(TTM)|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|MOBX.O|Mobix Labs|10.0167|14.545218531468532|0.0000|20240730|MOBX|185|
|HIMX.O|Himax Technologies|1.3620|1.426920098506384|24.5840|20240730|HIMX|185|
4. **Market Performance and Recent Developments**:
- Mobix Labs has shown a strong sequential revenue growth of over 70%, while Himax has not provided this information.
- Mobix Labs has entered into strategic partnerships and has orders for connectors into 2026 for Gulfstream jets, indicating a positive outlook.
- Himax has made strategic investments and integrated technologies, but these do not appear to be as impactful as Mobix's developments.
In conclusion, based on the provided financial metrics and growth rates, as well as recent company developments, Mobix Labs appears to be outperforming Himax Technologies. However, it's important to note that valuation metrics can be influenced by market sentiment and should be considered alongside other factors.