4.1 USD
-0.19 (-4.43%)
At close: Jan 30, 2026
4.13 USD
+0.03 (+0.73%)
After Hours: 1/30/2026, 8:00:02 PM
INDI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of INDI have multiple concerns. While showing a medium growth rate, INDI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year INDI has reported negative net income.
- In the past year INDI has reported a negative cash flow from operations.
- In the past 5 years INDI always reported negative net income.
- INDI had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of INDI (-16.89%) is worse than 77.88% of its industry peers.
- INDI has a Return On Equity of -39.13%. This is amonst the worse of the industry: INDI underperforms 82.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -16.89% | ||
| ROE | -39.13% | ||
| ROIC | N/A |
ROA(3y)-11.88%
ROA(5y)-66.42%
ROE(3y)-23.99%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Gross Margin, with a value of 41.26%, INDI is in line with its industry, outperforming 45.13% of the companies in the same industry.
- INDI's Gross Margin has improved in the last couple of years.
- INDI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 41.26% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.79%
GM growth 5Y6.21%
2. Health
2.1 Basic Checks
- INDI does not have a ROIC to compare to the WACC, probably because it is not profitable.
- INDI has more shares outstanding than it did 1 year ago.
- INDI has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for INDI is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.12, we must say that INDI is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of INDI (0.12) is worse than 76.11% of its industry peers.
- A Debt/Equity ratio of 0.92 indicates that INDI is somewhat dependend on debt financing.
- The Debt to Equity ratio of INDI (0.92) is worse than 84.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.12 |
ROIC/WACCN/A
WACC10.14%
2.3 Liquidity
- A Current Ratio of 3.75 indicates that INDI has no problem at all paying its short term obligations.
- INDI has a Current ratio of 3.75. This is in the better half of the industry: INDI outperforms 61.95% of its industry peers.
- A Quick Ratio of 3.18 indicates that INDI has no problem at all paying its short term obligations.
- The Quick ratio of INDI (3.18) is better than 63.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.75 | ||
| Quick Ratio | 3.18 |
3. Growth
3.1 Past
- The earnings per share for INDI have decreased by 0.00% in the last year.
- The Revenue has decreased by -4.99% in the past year.
- The Revenue has been growing by 57.02% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)0%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%22.22%
Revenue 1Y (TTM)-4.99%
Revenue growth 3Y64.81%
Revenue growth 5Y57.02%
Sales Q2Q%-0.54%
3.2 Future
- The Earnings Per Share is expected to grow by 36.31% on average over the next years. This is a very strong growth
- Based on estimates for the next years, INDI will show a very strong growth in Revenue. The Revenue will grow by 20.61% on average per year.
EPS Next Y19.86%
EPS Next 2Y36.62%
EPS Next 3Y36.31%
EPS Next 5YN/A
Revenue Next Year-0.18%
Revenue Next 2Y13.98%
Revenue Next 3Y20.61%
Revenue Next 5YN/A
3.3 Evolution
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
- INDI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- Also next year INDI is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A more expensive valuation may be justified as INDI's earnings are expected to grow with 36.31% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.62%
EPS Next 3Y36.31%
5. Dividend
5.1 Amount
- INDI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
INDIE SEMICONDUCTOR INC-A / INDI FAQ
What is the ChartMill fundamental rating of INDIE SEMICONDUCTOR INC-A (INDI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to INDI.
What is the valuation status for INDI stock?
ChartMill assigns a valuation rating of 1 / 10 to INDIE SEMICONDUCTOR INC-A (INDI). This can be considered as Overvalued.
What is the profitability of INDI stock?
INDIE SEMICONDUCTOR INC-A (INDI) has a profitability rating of 1 / 10.
What is the earnings growth outlook for INDIE SEMICONDUCTOR INC-A?
The Earnings per Share (EPS) of INDIE SEMICONDUCTOR INC-A (INDI) is expected to grow by 19.86% in the next year.