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INDI vs DIOD
Revenue, margins, valuation, and 5-year total return — side by side.
Semiconductors
INDI vs DIOD — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Semiconductors | Semiconductors |
| Market Cap | $967M | $5.34B |
| Revenue (TTM) | $217M | $1.48B |
| Net Income (TTM) | $-144M | $66M |
| Gross Margin | 22.6% | 31.2% |
| Operating Margin | -70.3% | 2.4% |
| Forward P/E | — | 50.0x |
| Total Debt | $379M | $96M |
| Cash & Equiv. | $156M | $367M |
INDI vs DIOD — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| indie Semiconductor… (INDI) | 100 | 46.5 | -53.5% |
| Diodes Incorporated (DIOD) | 100 | 238.6 | +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.
In this particular matchup, INDI is outpaced on most metrics by others in the set.
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%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 13.0% revenue growth vs INDI's 0.3% | |
| Quality / Margins | 4.5% margin vs INDI's -66.2% | |
| Stability / Safety | Beta 2.11 vs INDI's 2.71, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +199.8% vs INDI's +121.7% | |
| Efficiency (ROA) | 2.7% 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
INDI vs DIOD — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
DIOD leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
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.
| Metric | ||
|---|---|---|
| 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% |
Valuation Metrics
INDI leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $967M | $5.3B |
| Enterprise ValueMkt cap + debt − cash | $1.2B | $5.1B |
| Trailing P/EPrice ÷ TTM EPS | -6.38x | 81.15x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 49.97x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | 28.28x |
| Price / SalesMarket cap ÷ Revenue | 4.45x | 3.60x |
| Price / BookPrice ÷ Book value/share | 2.39x | 2.78x |
| Price / FCFMarket cap ÷ FCF | — | 38.93x |
Profitability & Efficiency
DIOD leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
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.
| Metric | ||
|---|---|---|
| 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 0–9 | 2 | 6 |
| Debt / EquityFinancial leverage | 0.99x | 0.05x |
| Net DebtTotal debt minus cash | $224M | -$272M |
| Cash & Equiv.Liquid assets | $156M | $367M |
| Total DebtShort + long-term debt | $379M | $96M |
| Interest CoverageEBIT ÷ Interest expense | -7.77x | 31.24x |
Total Returns (Dividends Reinvested)
DIOD leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
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.
| Metric | ||
|---|---|---|
| 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% |
Risk & Volatility
DIOD leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
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.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.71x | 2.11x |
| 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 0–100 | 77.4 | 78.4 |
| Avg Volume (50D)Average daily shares traded | 5.2M | 520K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
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).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $4.25 | $74.00 |
| # AnalystsCovering analysts | 7 | 13 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 1 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.6% |
DIOD leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). INDI leads in 1 (Valuation Metrics).
INDI vs DIOD: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is 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.
02Which 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.
03Which 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.
04Which 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.
05Which 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.
06Is INDI or DIOD more undervalued right now?
Analyst consensus price targets imply the most upside for INDI: -7.
4% to $4. 25.
07Which 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.
08Is 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.
09What 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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