Indie Semiconductor Stock Today

INDI Stock  USD 3.84  0.12  3.03%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 58

 
High
 
Low
Above Average
Indie Semiconductor is trading at 3.84 as of the 4th of October 2024. This is a 3.03 percent decrease since the beginning of the trading day. The stock's open price was 3.96. Indie Semiconductor has over 58 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for indie Semiconductor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of October 2023 and ending today, the 4th of October 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
10th of June 2021
Category
Technology
Classification
Information Technology
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, connected car, user experience, and electrification applications. The company was incorporated in 2007 and is headquartered in Aliso Viejo, California. The company has 179.37 M outstanding shares of which 28.85 M shares are currently shorted by private and institutional investors with about 8.9 trading days to cover. More on indie Semiconductor

Moving together with Indie Stock

  0.92DIOD Diodes IncorporatedPairCorr
  0.81MU Micron TechnologyPairCorr

Moving against Indie Stock

  0.34PI Impinj IncPairCorr

Indie Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO CoFounderDonald McClymont
Thematic IdeaHedge Favorites (View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, Hedge Favorites, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductor Equipment & Materials, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.360.2712
Significantly Up
Slightly volatile
Gross Profit Margin0.310.4013
Significantly Down
Slightly volatile
Total Current Liabilities70.6 M138.9 M
Way Down
Slightly volatile
Non Current Liabilities Total134.9 M206.9 M
Way Down
Slightly volatile
Total Assets501 M822.8 M
Way Down
Slightly volatile
Total Current Assets176.2 M271.8 M
Way Down
Slightly volatile
Debt Levels
Indie Semiconductor can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Indie Semiconductor's financial leverage. It provides some insight into what part of Indie Semiconductor's total assets is financed by creditors.
Liquidity
indie Semiconductor currently holds 174.34 M in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. indie Semiconductor has a current ratio of 3.87, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Indie Semiconductor's use of debt, we should always consider it together with its cash and equity.

Total Cashflows From Investing Activities

(15.38 Million)
indie Semiconductor (INDI) is traded on NASDAQ Exchange in USA. It is located in 32 Journey, Aliso Viejo, CA, United States, 92656 and employs 900 people. Indie Semiconductor is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 710.31 M. indie Semiconductor conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 179.37 M outstanding shares of which 28.85 M shares are currently shorted by private and institutional investors with about 8.9 trading days to cover. indie Semiconductor currently holds about 163.75 M in cash with (104.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.37.
Check Indie Semiconductor Probability Of Bankruptcy
Ownership Allocation
indie Semiconductor has a total of 179.37 Million outstanding shares. The majority of indie Semiconductor outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Indie Semiconductor to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in indie Semiconductor. Please pay attention to any change in the institutional holdings of indie Semiconductor as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Indie Ownership Details

Indie Stock Institutional Holders

InstituionRecorded OnShares
Emerald Advisers, Llc2024-06-30
2.5 M
Ameriprise Financial Inc2024-06-30
2.5 M
Morgan Stanley - Brokerage Accounts2024-06-30
2.2 M
Goldman Sachs Group Inc2024-06-30
2.1 M
Portolan Capital Management, Llc2024-06-30
M
Emerald Mutual Fund Advisers Trust2024-06-30
M
Light Street Capital Management Llc2024-06-30
1.8 M
Fred Alger Management, Llc2024-06-30
1.7 M
Clearbridge Advisors, Llc2024-06-30
1.4 M
Granahan Investment Management Inc..2024-06-30
18.4 M
Primecap Management Company2024-06-30
15.8 M
View Indie Semiconductor Diagnostics

Indie Semiconductor Historical Income Statement

As of now, Indie Semiconductor's Total Revenue is increasing as compared to previous years. The Indie Semiconductor's current Gross Profit is estimated to increase to about 94 M, while EBIT is forecasted to increase to (125 M). View More Fundamentals

Indie Stock Against Markets

Indie Semiconductor Corporate Management

Lionel FederspielExecutive EngineeringProfile
Vincent WangExecutive MarketingProfile
Audrey WongChief SecretaryProfile
Steven MachugaChief OfficerProfile

Additional Information and Resources on Investing in Indie Stock

When determining whether indie Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Indie Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Indie Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Indie Semiconductor Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in indie Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Indie Semiconductor. If investors know Indie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Indie Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.48)
Revenue Per Share
1.466
Quarterly Revenue Growth
0.005
Return On Assets
(0.11)
Return On Equity
(0.20)
The market value of indie Semiconductor is measured differently than its book value, which is the value of Indie that is recorded on the company's balance sheet. Investors also form their own opinion of Indie Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Indie Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Indie Semiconductor's market value can be influenced by many factors that don't directly affect Indie Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Indie Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indie Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indie Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.