indie Semiconductor, Inc. (INDI) intrinsic value & 10-year financials
indie Semiconductor, Inc. (INDI) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 7 fiscal years revenue grew 57.2% a year to $217.4M, with an average return on invested capital of 127.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $1.82
- Market cap
- $359.0M
- Revenue (FY2025)
- $217.4M
- Revenue growth (7-yr CAGR)
- 57.2%
- ROIC (10-yr avg)
- 127.5%
- Free cash flow (FY2025)
- -$71.4M
INDI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $217.4M | -$143.1M | -$0.73 | -$71.4M | -70.9% | -27.7% |
| FY2024 | $216.7M | -$132.6M | -$0.76 | -$72.9M | -78.5% | -33.9% |
| FY2023 | $223.2M | -$117.6M | -$0.81 | -$117.1M | -60.7% | -42.1% |
| FY2022 | $110.8M | -$43.4M | -$0.37 | -$84.3M | -107.5% | -90.4% |
| FY2021 | $48.4M | -$88.0M | -$1.26 | -$58.5M | -154.5% | 942.5% |
| FY2020 | $22.6M | -$97.5M | -$3.12 | -$21.9M | -85.1% | 16.6% |
| FY2019 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
indie Semiconductor, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
indie Semiconductor, Inc. has historically struggled to out-earn its cost of capital, averaging just -28.0% ROIC.
indie Semiconductor, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, indie Semiconductor, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-24.25 per share.