indie Semiconductor (NASDAQ:INDI) vs. EMCORE (NASDAQ:EMKR) Head-To-Head Survey

indie Semiconductor (NASDAQ:INDI) and EMCORE (NASDAQ:EMKR) are both small-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, risk, institutional ownership, profitability and analyst recommendations.

Insider and Institutional Ownership

67.7% of indie Semiconductor shares are held by institutional investors. Comparatively, 65.7% of EMCORE shares are held by institutional investors. 8.2% of indie Semiconductor shares are held by insiders. Comparatively, 0.9% of EMCORE shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares indie Semiconductor and EMCORE”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
indie Semiconductor	$216.68 million	1.78	-$117.62 million	($0.76)	-2.51
EMCORE	$81.08 million	0.35	-$31.24 million	($2.92)	-1.06

EMCORE has lower revenue, but higher earnings than indie Semiconductor. indie Semiconductor is trading at a lower price-to-earnings ratio than EMCORE, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

indie Semiconductor has a beta of 1.84, indicating that its share price is 84% more volatile than the S&P 500. Comparatively, EMCORE has a beta of 1.7, indicating that its share price is 70% more volatile than the S&P 500.

Profitability

This table compares indie Semiconductor and EMCORE’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
indie Semiconductor	-61.59%	-28.08%	-17.01%
EMCORE	-42.00%	-24.27%	-12.59%

Analyst Ratings

This is a summary of recent ratings and target prices for indie Semiconductor and EMCORE, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
indie Semiconductor	0	1	5	0	2.83
EMCORE	0	3	0	0	2.00

indie Semiconductor presently has a consensus price target of $7.50, indicating a potential upside of 292.67%. EMCORE has a consensus price target of $3.00, indicating a potential downside of 3.23%. Given indie Semiconductor’s stronger consensus rating and higher possible upside, research analysts clearly believe indie Semiconductor is more favorable than EMCORE.

Summary

indie Semiconductor beats EMCORE on 9 of the 14 factors compared between the two stocks.

About indie Semiconductor

indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicle, in-cabin, connected car, and electrification applications in the United States, South America, rest of North America, Greater China, South Korea, rest of the Asia Pacific, and Europe. It offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. In addition, it designs and manufactures photonic components on various technology platforms, including fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and low-noise and high-speed electronics. The company was founded in 2007 and is headquartered in Aliso Viejo, California.

About EMCORE

EMCORE Corporation, together with its subsidiaries, designs and manufactures fiber optic gyro, ring laser gyro, and micro electromechanical system-based inertial sensors and systems in the United States and internationally. It offers navigation system and inertial sensing products, such as gyroscopes and multi-axis sensors, inertial measurement units, fiber optic gyroscopes, quartz micro electromechanical systems, inertial navigation systems, tactical navigation, and naval and amphibious navigation, as well as radar positioning and pointing systems, and battlefield/artillery survey systems. The company sells its products through direct sales force, application engineers, third-party sales representatives, and distributors. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California.