Understanding indie Semiconductor’s Financial Perf…
From Financial Modeling Prep: 2025-05-30 11:00:00
indie Semiconductor, Inc. (NASDAQ:INDI) specializes in semiconductors for the automotive industry, focusing on ADAS, user experience, and electrification. The company faces competition from Quantum-Si, Aeva Technologies, Microvast Holdings, Ouster, and Navitas Semiconductor.
indie’s Return on Invested Capital (ROIC) is -18.68%, lower than its Weighted Average Cost of Capital (WACC) of 9.09%. This results in a negative ROIC to WACC ratio of -2.05, indicating indie is not generating returns above its cost of capital.
Comparatively, Quantum-Si has a ROIC of -42.36% and a WACC of 16.33%, leading to a ROIC to WACC ratio of -2.59. Aeva Technologies shows a challenging scenario with a ROIC of -169.59% against a WACC of 9.06%, resulting in a ROIC to WACC ratio of -18.72.
Microvast Holdings has the highest ROIC to WACC ratio among peers at -0.67, with a ROIC of -9.49% and a WACC of 14.13%. Ouster and Navitas Semiconductor also face challenges with negative ROIC to WACC ratios of -3.73 and -2.32, respectively.
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