Analyzing indie Semiconductor (INDI) and The Competition

indie Semiconductor (NASDAQ:INDI) is one of 221 publicly-traded companies in the “Semiconductors & Semiconductor Equipment” industry, but how does it compare to its rivals? We will compare indie Semiconductor to similar companies based on the strength of its earnings, institutional ownership, risk, dividends, profitability, analyst recommendations and valuation.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for indie Semiconductor and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
indie Semiconductor	1	2	1	0	2.00
indie Semiconductor Competitors	3488	12304	25696	991	2.57

indie Semiconductor currently has a consensus price target of $4.19, suggesting a potential upside of 179.17%. As a group, “Semiconductors & Semiconductor Equipment” companies have a potential upside of 39.63%. Given indie Semiconductor’s higher possible upside, equities analysts clearly believe indie Semiconductor is more favorable than its rivals.

Profitability

This table compares indie Semiconductor and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
indie Semiconductor	-65.18%	-32.02%	-13.61%
indie Semiconductor Competitors	-1,280.34%	-126.29%	-3.97%

Volatility and Risk

indie Semiconductor has a beta of 3.1, suggesting that its stock price is 210% more volatile than the S&P 500. Comparatively, indie Semiconductor’s rivals have a beta of 2.80, suggesting that their average stock price is 180% more volatile than the S&P 500.

Valuation & Earnings

This table compares indie Semiconductor and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
indie Semiconductor	$217.39 million	-$143.07 million	-2.05
indie Semiconductor Competitors	$7.33 billion	$2.49 billion	8.92

indie Semiconductor’s rivals have higher revenue and earnings than indie Semiconductor. indie Semiconductor is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

67.7% of indie Semiconductor shares are owned by institutional investors. Comparatively, 54.8% of shares of all “Semiconductors & Semiconductor Equipment” companies are owned by institutional investors. 2.6% of indie Semiconductor shares are owned by insiders. Comparatively, 11.5% of shares of all “Semiconductors & Semiconductor Equipment” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

indie Semiconductor rivals beat indie Semiconductor on 8 of the 13 factors compared.

indie Semiconductor Company Profile

indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicle, in-cabin, connected car, and electrification applications in the United States, South America, rest of North America, Greater China, South Korea, rest of the Asia Pacific, and Europe. It offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. In addition, it designs and manufactures photonic components on various technology platforms, including fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and low-noise and high-speed electronics. The company was founded in 2007 and is headquartered in Aliso Viejo, California.