Ceva, Inc. (CEVA) vs indie Semiconductor, Inc. (INDI)

Ceva, Inc. and indie Semiconductor, Inc. are both Semiconductors companies. Ceva, Inc. is the larger, with a market value of $985.4M against $718.6M — 1.4× the size. Ceva, Inc. grew revenue faster over the last twelve months: 8.82% against 6.19%. Ceva, Inc. has the higher net margin (−9.48% vs −64.8%) and the higher return on invested capital (−5.04% vs −15.5%). Across the 18 metrics below, Ceva, Inc. leads on 12 and indie Semiconductor, Inc. on 6.

Valuation

Metric CEVA INDI Semiconductors median
P/E n/m n/m 49.41
P/S 8.76 2.77 8.58
P/B 2.98 1.99 5.49
Price to free cash flow n/m n/m 47.02
EV/EBITDA n/m n/m 30.78
EV/Sales 6.85 3.93 8.79
Earnings yield (1.10%) (24.17%) 0.62%
Free cash flow yield (0.86%) (13.35%) 0.59%

Profitability

Metric CEVA INDI Semiconductors median
Gross margin 87.47% 37.77% 52.25%
Operating margin (8.33%) (63.27%) 4.85%
Net margin (9.48%) (64.78%) 4.77%
Free cash flow margin (0.92%) (36.23%) 8.65%
Return on equity (3.62%) (40.62%) 3.11%
Return on assets (3.16%) (17.52%) 1.91%
Return on invested capital (5.04%) (15.51%) 2.46%

Growth

Metric CEVA INDI Semiconductors median
Revenue growth (TTM) 8.82% 6.19% 16.66%
EPS growth (last fiscal year) (18.92%) 3.95% —
Revenue growth, 5-year CAGR 1.78% 57.25% 5.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CEVA INDI Semiconductors median
Debt to equity 0.00 1.29 0.05
Current ratio 10.12 3.65 3.35
Net debt to EBITDA 28.34 (1.83) 0.58

Dividend

Metric CEVA INDI Semiconductors median
Dividend yield — — 1.93%
Payout ratio 0.00 0.00 0.00

Size

Metric CEVA INDI Semiconductors median
Market cap 985.39m 718.61m 5.67b

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