Indie Semiconductor Cash Per Share vs. Return On Asset
| INDI Stock | USD 5.60 0.13 2.38% |
Cash Per Share | First Reported 2010-12-31 | Previous Quarter 1.04469443 | Current Value 1.2 | Quarterly Volatility 1.03056445 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.32 | 0.4013 |
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For Indie Semiconductor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Indie Semiconductor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well indie Semiconductor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Indie Semiconductor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of indie Semiconductor over time as well as its relative position and ranking within its peers.
Indie |
Is Indie Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Indie Semiconductor. If investors know Indie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Indie Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.81) | Revenue Per Share 1.537 | Quarterly Revenue Growth 1.124 | Return On Assets (0.11) | Return On Equity (0.33) |
The market value of indie Semiconductor is measured differently than its book value, which is the value of Indie that is recorded on the company's balance sheet. Investors also form their own opinion of Indie Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Indie Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Indie Semiconductor's market value can be influenced by many factors that don't directly affect Indie Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Indie Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indie Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indie Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
indie Semiconductor Return On Asset vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Indie Semiconductor's current stock value. Our valuation model uses many indicators to compare Indie Semiconductor value to that of its competitors to determine the firm's financial worth. indie Semiconductor is rated below average in cash per share category among related companies. It is rated below average in return on asset category among related companies . As of now, Indie Semiconductor's Cash Per Share is increasing as compared to previous years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Indie Semiconductor by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Indie Semiconductor's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Indie Semiconductor's earnings, one of the primary drivers of an investment's value.Indie Return On Asset vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Indie Semiconductor |
| = | 1.37 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Indie Semiconductor |
| = | -0.11 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Indie Return On Asset Comparison
Indie Semiconductor is currently under evaluation in return on asset category among related companies.
Indie Semiconductor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Indie Semiconductor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Indie Semiconductor will eventually generate negative long term returns. The profitability progress is the general direction of Indie Semiconductor's change in net profit over the period of time. It can combine multiple indicators of Indie Semiconductor, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -6.2 M | -6.5 M | |
| Net Loss | -39.1 M | -41 M | |
| Income Tax Expense | -4.5 M | -4.3 M | |
| Interest Income | 7.9 M | 8.3 M | |
| Operating Income | -131.6 M | -125 M | |
| Income Before Tax | -133.4 M | -126.7 M | |
| Total Other Income Expense Net | -1.8 M | -1.8 M | |
| Net Loss | -117.6 M | -111.7 M | |
| Net Interest Income | 159 K | 166.9 K | |
| Net Loss | -130 M | -136.5 M | |
| Non Operating Income Net Other | 77 M | 80.9 M | |
| Change To Netincome | -15.6 M | -14.8 M | |
| Net Loss | (0.81) | (0.85) | |
| Income Quality | 0.89 | 0.45 | |
| Net Income Per E B T | 0.88 | 1.07 |
Indie Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Indie Semiconductor. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Indie Semiconductor position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Indie Semiconductor's important profitability drivers and their relationship over time.
Use Indie Semiconductor in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Indie Semiconductor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Indie Semiconductor will appreciate offsetting losses from the drop in the long position's value.Indie Semiconductor Pair Trading
indie Semiconductor Pair Trading Analysis
The ability to find closely correlated positions to Indie Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Indie Semiconductor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Indie Semiconductor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling indie Semiconductor to buy it.
The correlation of Indie Semiconductor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Indie Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if indie Semiconductor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Indie Semiconductor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Indie Semiconductor position
In addition to having Indie Semiconductor in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Trading Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.Note that the indie Semiconductor information on this page should be used as a complementary analysis to other Indie Semiconductor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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When running Indie Semiconductor's price analysis, check to measure Indie Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Indie Semiconductor is operating at the current time. Most of Indie Semiconductor's value examination focuses on studying past and present price action to predict the probability of Indie Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indie Semiconductor's price. Additionally, you may evaluate how the addition of Indie Semiconductor to your portfolios can decrease your overall portfolio volatility.
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To fully project Indie Semiconductor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of indie Semiconductor at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Indie Semiconductor's income statement, its balance sheet, and the statement of cash flows.