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Stock Comparison

INDI vs DIOD

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
INDI
indie Semiconductor, Inc.

Semiconductors

TechnologyNASDAQ • US
Market Cap$967M
5Y Perf.-53.5%
DIOD
Diodes Incorporated

Semiconductors

TechnologyNASDAQ • US
Market Cap$5.34B
5Y Perf.+138.6%

INDI vs DIOD — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
INDI logoINDI
DIOD logoDIOD
IndustrySemiconductorsSemiconductors
Market Cap$967M$5.34B
Revenue (TTM)$217M$1.48B
Net Income (TTM)$-144M$66M
Gross Margin22.6%31.2%
Operating Margin-70.3%2.4%
Forward P/E50.0x
Total Debt$379M$96M
Cash & Equiv.$156M$367M

INDI vs DIODLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

INDI
DIOD
StockMay 20May 26Return
indie Semiconductor… (INDI)10046.5-53.5%
Diodes Incorporated (DIOD)100238.6+138.6%

Price return only. Dividends and distributions are not included.

Quick Verdict: INDI vs DIOD

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: DIOD leads in 5 of 6 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. As sector peers, any of these can serve as alternatives in the same allocation.
INDI
indie Semiconductor, Inc.
The Specific-Use Pick

In this particular matchup, INDI is outpaced on most metrics by others in the set.

Best for: technology exposure
DIOD
Diodes Incorporated
The Income Pick

DIOD carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • Dividend streak 1 yrs, beta 2.11
  • Rev growth 13.0%, EPS growth 50.5%, 3Y rev CAGR -9.5%
  • 5.1% 10Y total return vs INDI's -53.2%
Best for: income & stability and growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthDIOD logoDIOD13.0% revenue growth vs INDI's 0.3%
Quality / MarginsDIOD logoDIOD4.5% margin vs INDI's -66.2%
Stability / SafetyDIOD logoDIODBeta 2.11 vs INDI's 2.71, lower leverage
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)DIOD logoDIOD+199.8% vs INDI's +121.7%
Efficiency (ROA)DIOD logoDIOD2.7% ROA vs INDI's -16.6%, ROIC 1.6% vs -18.4%

INDI vs DIOD — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

INDIindie Semiconductor, Inc.
FY 2025
Product
95.2%$207M
Service
4.8%$10M
DIODDiodes Incorporated
FY 2025
Customer One
100.0%$182M

INDI vs DIOD — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLDIODLAGGINGINDI

Income & Cash Flow (Last 12 Months)

DIOD leads this category, winning 6 of 6 comparable metrics.

DIOD is the larger business by revenue, generating $1.5B annually — 6.8x INDI's $217M. DIOD is the more profitable business, keeping 4.5% of every revenue dollar as net income compared to INDI's -66.2%. On growth, DIOD holds the edge at +15.4% YoY revenue growth, suggesting stronger near-term business momentum.

MetricINDI logoINDIindie Semiconduct…DIOD logoDIODDiodes Incorporat…
RevenueTrailing 12 months$217M$1.5B
EBITDAEarnings before interest/tax-$111M$179M
Net IncomeAfter-tax profit-$144M$66M
Free Cash FlowCash after capex-$73M$137M
Gross MarginGross profit ÷ Revenue+22.6%+31.2%
Operating MarginEBIT ÷ Revenue-70.3%+2.4%
Net MarginNet income ÷ Revenue-66.2%+4.5%
FCF MarginFCF ÷ Revenue-33.6%+9.3%
Rev. Growth (YoY)Latest quarter vs prior year-0.0%+15.4%
EPS Growth (YoY)Latest quarter vs prior year+11.1%+22.2%
DIOD leads this category, winning 6 of 6 comparable metrics.

Valuation Metrics

INDI leads this category, winning 2 of 3 comparable metrics.
MetricINDI logoINDIindie Semiconduct…DIOD logoDIODDiodes Incorporat…
Market CapShares × price$967M$5.3B
Enterprise ValueMkt cap + debt − cash$1.2B$5.1B
Trailing P/EPrice ÷ TTM EPS-6.38x81.15x
Forward P/EPrice ÷ next-FY EPS est.49.97x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple28.28x
Price / SalesMarket cap ÷ Revenue4.45x3.60x
Price / BookPrice ÷ Book value/share2.39x2.78x
Price / FCFMarket cap ÷ FCF38.93x
INDI leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

DIOD leads this category, winning 9 of 9 comparable metrics.

DIOD delivers a 3.4% return on equity — every $100 of shareholder capital generates $3 in annual profit, vs $-35 for INDI. DIOD carries lower financial leverage with a 0.05x debt-to-equity ratio, signaling a more conservative balance sheet compared to INDI's 0.99x. On the Piotroski fundamental quality scale (0–9), DIOD scores 6/9 vs INDI's 2/9, reflecting solid financial health.

MetricINDI logoINDIindie Semiconduct…DIOD logoDIODDiodes Incorporat…
ROE (TTM)Return on equity-35.5%+3.4%
ROA (TTM)Return on assets-16.6%+2.7%
ROICReturn on invested capital-18.4%+1.6%
ROCEReturn on capital employed-17.8%+1.7%
Piotroski ScoreFundamental quality 0–926
Debt / EquityFinancial leverage0.99x0.05x
Net DebtTotal debt minus cash$224M-$272M
Cash & Equiv.Liquid assets$156M$367M
Total DebtShort + long-term debt$379M$96M
Interest CoverageEBIT ÷ Interest expense-7.77x31.24x
DIOD leads this category, winning 9 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

DIOD leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in DIOD five years ago would be worth $16,045 today (with dividends reinvested), compared to $4,567 for INDI. Over the past 12 months, DIOD leads with a +199.8% total return vs INDI's +121.7%. The 3-year compound annual growth rate (CAGR) favors DIOD at 11.2% vs INDI's -17.1% — a key indicator of consistent wealth creation.

MetricINDI logoINDIindie Semiconduct…DIOD logoDIODDiodes Incorporat…
YTD ReturnYear-to-date+24.1%+125.6%
1-Year ReturnPast 12 months+121.7%+199.8%
3-Year ReturnCumulative with dividends-43.1%+37.7%
5-Year ReturnCumulative with dividends-54.3%+60.4%
10-Year ReturnCumulative with dividends-53.2%+505.7%
CAGR (3Y)Annualised 3-year return-17.1%+11.2%
DIOD leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

DIOD leads this category, winning 2 of 2 comparable metrics.

DIOD is the less volatile stock with a 2.11 beta — it tends to amplify market swings less than INDI's 2.71 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. DIOD currently trades 99.6% from its 52-week high vs INDI's 75.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricINDI logoINDIindie Semiconduct…DIOD logoDIODDiodes Incorporat…
Beta (5Y)Sensitivity to S&P 5002.71x2.11x
52-Week HighHighest price in past year$6.05$116.49
52-Week LowLowest price in past year$1.96$37.97
% of 52W HighCurrent price vs 52-week peak+75.9%+99.6%
RSI (14)Momentum oscillator 0–10077.478.4
Avg Volume (50D)Average daily shares traded5.2M520K
DIOD leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates INDI as "Buy" and DIOD as "Buy". Consensus price targets imply -7.4% upside for INDI (target: $4) vs -36.2% for DIOD (target: $74).

MetricINDI logoINDIindie Semiconduct…DIOD logoDIODDiodes Incorporat…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$4.25$74.00
# AnalystsCovering analysts713
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises1
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%+0.6%
Insufficient data to determine a leader in this category.
Key Takeaway

DIOD leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). INDI leads in 1 (Valuation Metrics).

Best OverallDiodes Incorporated (DIOD)Leads 4 of 6 categories
Loading custom metrics...

INDI vs DIOD: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is INDI or DIOD a better buy right now?

For growth investors, Diodes Incorporated (DIOD) is the stronger pick with 13.

0% revenue growth year-over-year, versus 0. 3% for indie Semiconductor, Inc. (INDI). Diodes Incorporated (DIOD) offers the better valuation at 81. 2x trailing P/E (50. 0x forward), making it the more compelling value choice. Analysts rate indie Semiconductor, Inc. (INDI) a "Buy" — based on 7 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — INDI or DIOD?

Over the past 5 years, Diodes Incorporated (DIOD) delivered a total return of +60.

4%, compared to -54. 3% for indie Semiconductor, Inc. (INDI). Over 10 years, the gap is even starker: DIOD returned +505. 7% versus INDI's -53. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — INDI or DIOD?

By beta (market sensitivity over 5 years), Diodes Incorporated (DIOD) is the lower-risk stock at 2.

11β versus indie Semiconductor, Inc. 's 2. 71β — meaning INDI is approximately 28% more volatile than DIOD relative to the S&P 500. On balance sheet safety, Diodes Incorporated (DIOD) carries a lower debt/equity ratio of 5% versus 99% for indie Semiconductor, Inc. — giving it more financial flexibility in a downturn.

04

Which is growing faster — INDI or DIOD?

By revenue growth (latest reported year), Diodes Incorporated (DIOD) is pulling ahead at 13.

0% versus 0. 3% for indie Semiconductor, Inc. (INDI). On earnings-per-share growth, the picture is similar: Diodes Incorporated grew EPS 50. 5% year-over-year, compared to 5. 3% for indie Semiconductor, Inc.. Over a 3-year CAGR, INDI leads at 25. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — INDI or DIOD?

Diodes Incorporated (DIOD) is the more profitable company, earning 4.

5% net margin versus -66. 2% for indie Semiconductor, Inc. — meaning it keeps 4. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DIOD leads at 2. 4% versus -66. 3% for INDI. At the gross margin level — before operating expenses — INDI leads at 40. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is INDI or DIOD more undervalued right now?

Analyst consensus price targets imply the most upside for INDI: -7.

4% to $4. 25.

07

Which pays a better dividend — INDI or DIOD?

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

08

Is INDI or DIOD better for a retirement portfolio?

For long-horizon retirement investors, Diodes Incorporated (DIOD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+505.

7% 10Y return). indie Semiconductor, Inc. (INDI) carries a higher beta of 2. 71 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (DIOD: +505. 7%, INDI: -53. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between INDI and DIOD?

Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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Stocks Like

INDI

Quality Business

  • Sector: Technology
  • Market Cap > $100B
  • Gross Margin > 13%
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DIOD

High-Growth Disruptor

  • Sector: Technology
  • Market Cap > $100B
  • Revenue Growth > 7%
  • Gross Margin > 18%
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Beat Both

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Revenue Growth>
%
(INDI: -0.0% · DIOD: 15.4%)

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