Reviewing indie Semiconductor (INDI) and Its Peers

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

Analyst Recommendations

This is a summary of current recommendations for indie Semiconductor and its competitors, as reported 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	3496	12343	25761	995	2.57

indie Semiconductor currently has a consensus price target of $3.94, indicating a potential upside of 118.02%. As a group, “Semiconductors & Semiconductor Equipment” companies have a potential upside of 55.00%. Given indie Semiconductor’s higher possible upside, research analysts clearly believe indie Semiconductor is more favorable than its competitors.

Volatility & Risk

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

Insider & Institutional Ownership

67.7% of indie Semiconductor shares are held by institutional investors. Comparatively, 54.6% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by institutional investors. 2.6% of indie Semiconductor shares are held by insiders. Comparatively, 11.9% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares indie Semiconductor and its competitors’ 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	-1,278.97%	-126.38%	-4.00%

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
indie Semiconductor	$231.15 million	-$143.07 million	-2.47
indie Semiconductor Competitors	$1,259.14 billion	$2.48 billion	9.00

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

Summary

indie Semiconductor competitors 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.