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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Indie Semiconductor's Debt-to-EBITDA or its related term are showing as below:
INDI'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.14 Med: -2.93 Max: -0.07
Current: -4.18
During the past 6 years, the highest Debt-to-EBITDA Ratio of Indie Semiconductor was -0.07. The lowest was -5.14. And the median was -2.93.
INDI's Debt-to-EBITDA is ranked worse than 100% of 722
companies
in the Semiconductors industry
Industry Median: 1.415
vs INDI: -4.18
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Indie Semiconductor Debt-to-EBITDA Related Terms
Indie Semiconductor Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Indie Semiconductor's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
INDI vs LAES, MRAM, NVEC: Debt-to-EBITDA Comparison
For the Semiconductors subindustry, Indie Semiconductor's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Indie Semiconductor Debt-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Indie Semiconductor's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Indie Semiconductor's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Indie Semiconductor (INDI) has a Debt-to-EBITDA of -3.47 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Indie Semiconductor. According to the industry distribution chart, Indie Semiconductor ranks #999999 out of 722 companies in the Semiconductors industry.
Is Indie Semiconductor's Debt-to-EBITDA too high?
Indie Semiconductor's current Debt-to-EBITDA is -3.47. Based on the distribution chart, Indie Semiconductor ranks #999999 out of 722 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Indie Semiconductor has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indie Semiconductor's Debt-to-EBITDA compare to LAES and MRAM?
According to the Semiconductors industry distribution chart, Indie Semiconductor ranks #999999 out of 722 companies for Debt-to-EBITDA. This places Indie Semiconductor in the lower half of its industry. The industry median Debt-to-EBITDA is 1.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.42, based on 722 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Indie Semiconductor. For the Semiconductors industry, the median Debt-to-EBITDA is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indie Semiconductor's current Debt-to-EBITDA is -3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indie Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Indie Semiconductor (INDI) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.34, compared to a current price of $3.79 — trading 12.7% below its estimated fair value. The current Debt-to-EBITDA is -3.47. Indie Semiconductor's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Indie Semiconductor (INDI), the current Debt-to-EBITDA is -3.47 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Indie Semiconductor (INDI) Overvalued in 2026?
Based on GuruFocus' analysis, Indie Semiconductor stock appears to be undervalued.
The current stock price of $3.79 is trading 12.7% below its estimated GF Value™ of $4.34.
GuruFocus considers Indie Semiconductor to be Modestly Undervalued.
Key valuation signals for INDI:
Debt-to-EBITDA: -3.47
GF Value™: $4.34 vs. price of $3.79 (12.7% below fair value)
No single metric tells the full story. See the INDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indie Semiconductor Inc caters to the autotech industry with semiconductors, photonics, and software platforms. The company's products include devices for a multitude of automotive applications spanning vision and radar processors, in-cabin wireless charging and USB power delivery, device interfacing through Apple CarPlay and Android Auto, and high-speed video and data connectivity. New products under evaluation or development include LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors. Its Photonics division mainly offers low-noise lasers, standard, and custom light sources. Geographically, the company generates the majority of its revenue from Greater China and the rest from the United States, Europe, South Korea, and other regions.
79GF Score
Get the complete analysis for INDI
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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