EMCORE (NASDAQ:EMKR – Get Free Report) and indie Semiconductor (NASDAQ:INDI – Get Free Report) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, institutional ownership, analyst recommendations, dividends, valuation, earnings and profitability.
Analyst Ratings
This is a summary of recent ratings and recommmendations for EMCORE and indie Semiconductor, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
EMCORE | 0 | 3 | 0 | 0 | 2.00 |
indie Semiconductor | 0 | 1 | 5 | 0 | 2.83 |
EMCORE currently has a consensus price target of $3.00, indicating a potential downside of 3.23%. indie Semiconductor has a consensus price target of $7.50, indicating a potential upside of 292.67%. Given indie Semiconductor’s stronger consensus rating and higher probable upside, analysts clearly believe indie Semiconductor is more favorable than EMCORE.
Risk & Volatility
Earnings and Valuation
This table compares EMCORE and indie Semiconductor”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
EMCORE | $81.08 million | 0.35 | -$31.24 million | ($2.92) | -1.06 |
indie Semiconductor | $216.68 million | 1.78 | -$117.62 million | ($0.76) | -2.51 |
EMCORE has higher earnings, but lower revenue 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.
Profitability
This table compares EMCORE and indie Semiconductor’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
EMCORE | -42.00% | -24.27% | -12.59% |
indie Semiconductor | -61.59% | -28.08% | -17.01% |
Institutional & Insider Ownership
65.7% of EMCORE shares are held by institutional investors. Comparatively, 67.7% of indie Semiconductor shares are held by institutional investors. 0.9% of EMCORE shares are held by company insiders. Comparatively, 8.2% of indie Semiconductor shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Summary
indie Semiconductor beats EMCORE on 9 of the 14 factors compared between the two stocks.
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.
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.
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