INDI (Indie Semiconductor) ROCE %: -22.18% (As of Mar. 2026)

What is Indie Semiconductor ROCE %?

Indie Semiconductor INDI -3.77% 79 ROCE % is -22.18% as of Mar. 2026. GuruFocus rates INDI with a GF Score™ of 79/100 and a GF Value™ of $4.26 (Modestly Undervalued). The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Indie Semiconductor's annualized ROCE % for the quarter that ended in Mar. 2026 was -22.18%.

Indie Semiconductor (NAS:INDI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Indie Semiconductor ROCE % Related Terms

Indie Semiconductor ROCE % Historical Data

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The historical data trend for Indie Semiconductor's ROCE % 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.

Indie Semiconductor ROCE % Chart

Indie Semiconductor Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-67.55

-10.76

-20.46

-17.83

-17.00

Indie Semiconductor Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															-15.40	-17.95	-18.74	-16.59	-22.18

79GF Score

Indie Semiconductor Inc INDI

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Indie Semiconductor ROCE % Calculation

Indie Semiconductor's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	-137.767	/	( ( (941.386 - 84.88)	+	(840.786 - 76.546) )	/ 2 )
	=	-137.767	/	( (856.506	+	764.24)	/ 2 )
	=	-137.767	/	810.373
	=	-17.00 %

Indie Semiconductor's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-172.392	/	( ( (840.786 - 76.546)	+	(869.563 - 79.641) )	/ 2 )
	=	-172.392	/	( ( 764.24	+	789.922 )	/ 2 )
	=	-172.392	/	777.081
	=	-22.18 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -22.18% mean?

Indie Semiconductor (INDI) has a ROCE % of -22.18% as of Mar. 2026.

Is Indie Semiconductor's ROCE % too high?

Indie Semiconductor's current ROCE % is -22.18%. 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 ROCE % compare to CEVA and LAES?

Indie Semiconductor's ROCE % of -22.18% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Semiconductors company?

The median ROCE % among Semiconductors companies is 4.72, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median ROCE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indie Semiconductor's current ROCE % is -22.18%. 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 $4.26, compared to a current price of $3.57 — trading 16.2% below its estimated fair value. The current ROCE % is -22.18%. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Indie Semiconductor (INDI), the current ROCE % is -22.18% 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 $3.57 is trading 16.2% below its estimated GF Value™ of $4.26. GuruFocus considers Indie Semiconductor to be Modestly Undervalued.

Key valuation signals for INDI:

ROCE %: -22.18%
GF Value™: $4.26 vs. price of $3.57 (16.2% below fair value)
GF Score™: 79/100 with 7 warning signs

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 Business Description

Industry Technology Semiconductors

Comparable Companies CEVA LAES AOSL MRAM NVEC AIP AMBQ ALMU VLN QUIK NVDA AVGO TPE:2330 XKRX:000660 MU AMD INTC TXN QCOM TSE:285A

Other Exchanges 48H:Germany I2ND34:Brazil

Address 32 Journey, Aliso Viejo, CA, USA, 92656

Website https://www.indie.inc

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

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$3.57

Price

$4.26

GF Value

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