Financial Comparison: indie Semiconductor (NASDAQ:INDI) and Ceva (NASDAQ:CEVA)

indie Semiconductor (NASDAQ:INDIGet Free Report) and Ceva (NASDAQ:CEVAGet Free Report) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, risk, institutional ownership, profitability, earnings, dividends and valuation.

Volatility & Risk

indie Semiconductor has a beta of 2.74, suggesting that its share price is 174% more volatile than the S&P 500. Comparatively, Ceva has a beta of 1.94, suggesting that its share price is 94% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent recommendations for indie Semiconductor and Ceva, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
indie Semiconductor 1 1 2 0 2.25
Ceva 1 1 8 0 2.70

indie Semiconductor presently has a consensus target price of $6.92, suggesting a potential upside of 38.61%. Ceva has a consensus target price of $39.44, suggesting a potential downside of 1.34%. Given indie Semiconductor’s higher probable upside, equities research analysts plainly believe indie Semiconductor is more favorable than Ceva.

Institutional and Insider Ownership

67.7% of indie Semiconductor shares are owned by institutional investors. Comparatively, 85.4% of Ceva shares are owned by institutional investors. 2.6% of indie Semiconductor shares are owned by insiders. Comparatively, 2.4% of Ceva shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares indie Semiconductor and Ceva”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
indie Semiconductor $217.39 million 5.21 -$143.07 million ($0.76) -6.57
Ceva $109.60 million 10.16 -$10.64 million ($0.45) -88.84

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

Profitability

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

Net Margins Return on Equity Return on Assets
indie Semiconductor -69.76% -29.85% -13.40%
Ceva -10.47% -3.42% -2.98%

Summary

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

About indie Semiconductor

(Get Free Report)

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 Ceva

(Get Free Report)

CEVA, Inc. provides silicon and software IP solutions to semiconductor and original equipment manufacturer (OEM) companies worldwide. Its 5G mobile and infrastructure products include Ceva-XC vector digital signal processors (DSPs) for 5G handsets, 5G RAN, and general-purpose baseband processing; PentaG-RAN, an open ran platform for base station and radio; and PentaG2 – 5G NR modem platform for UE, as well as for non-handset 5G vertical markets, such as fixed wireless access, industry 4.0, robotics, and AR/VR devices. The company’s wireless IoT products comprise RivieraWaves’ Bluetooth 5dual mode and low energy platforms, RivieraWaves’ Wi-Fi platforms, ultra-wide band platforms, and Cellular IoT and RedCap platforms, as well as sense and inference processors and platforms consist of NeuPro-M neural processing unit (NPU) family; SensPro2 sensor hub AI platforms addressing imaging, vision, powertrain, and applications, including DSP processors, AI accelerators, and a software portfolio; and Ceva-BX1 and Ceva-BX2 audio AI DSPs. Its sensing and audio software comprise RealSpace spatial audio software package; WhisPro speech recognition; ClearVox, a voice front-end software package for voice-enabled devices; and CDNN, a neural network graph compiler that enables AI developers to automatically compile, optimize, and run pre-trained networks onto embedded devices. The company’s application software IP are licensed primarily to OEMs who embed it in their system on chip designs. It delivers AI DSPs and NPUs in the form of a hardware description language definition; and offers development platforms, software development kits, and software debug tools, which facilitate system design, debug, and software development. The company licenses its technology through a direct sales force. CEVA, Inc. was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. The company was incorporated in 1999 and is headquartered in Rockville, Maryland.

Receive News & Ratings for indie Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for indie Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.