🎉 M&A multiples are live!
Check it out!

Indie Semiconductor Valuation Multiples

Discover revenue and EBITDA valuation multiples for Indie Semiconductor and similar public comparables like ASM International, ASML, and 4DS Memory.

Indie Semiconductor Overview

About Indie Semiconductor

Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms. Geographically, the company generates majority of its revenue from Greater China and rest from United States, Europe, South Korea and other regions.


Founded

2020

HQ

United States of America
Employees

920

Website

indiesemi.com

Financials

LTM Revenue $230M

LTM EBITDA -$55.4M

EV

$489M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Indie Semiconductor Financials

Indie Semiconductor has a last 12-month revenue of $230M and a last 12-month EBITDA of -$55.4M.

In the most recent fiscal year, Indie Semiconductor achieved revenue of $217M and an EBITDA of -$93.9M.

Indie Semiconductor expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Indie Semiconductor valuation multiples based on analyst estimates

Indie Semiconductor P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $223M $217M XXX XXX XXX
Gross Profit $50.3M $89.6M XXX XXX XXX
Gross Margin 23% 41% XXX XXX XXX
EBITDA -$90.2M -$93.9M XXX XXX XXX
EBITDA Margin -40% -43% XXX XXX XXX
Net Profit -$43.4M -$118M XXX XXX XXX
Net Margin -19% -54% XXX XXX XXX
Net Debt n/a $9.2M XXX XXX XXX

Financial data powered by Morningstar, Inc.

Indie Semiconductor Stock Performance

As of April 18, 2025, Indie Semiconductor's stock price is $2.

Indie Semiconductor has current market cap of $364M, and EV of $489M.

See Indie Semiconductor trading valuation data

Indie Semiconductor Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$489M $364M XXX XXX XXX XXX $-0.30

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

Indie Semiconductor Valuation Multiples

As of April 18, 2025, Indie Semiconductor has market cap of $364M and EV of $489M.

Indie Semiconductor's trades at 2.1x LTM EV/Revenue multiple, and -8.8x LTM EBITDA.

Analysts estimate Indie Semiconductor's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for Indie Semiconductor and 10K+ public comps

Indie Semiconductor Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $489M XXX XXX XXX
EV/Revenue 2.3x XXX XXX XXX
EV/EBITDA -5.2x XXX XXX XXX
P/E -2.7x XXX XXX XXX
P/E/Growth n/a XXX XXX XXX
EV/FCF -6.5x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Indie Semiconductor Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

Indie Semiconductor Valuation Multiples

Indie Semiconductor's NTM/LTM revenue growth is 31%

Indie Semiconductor's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $0.3M for the same period.

Over next 12 months, Indie Semiconductor's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate Indie Semiconductor's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for Indie Semiconductor and other 10K+ public comps

Indie Semiconductor Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth -3% XXX XXX XXX XXX
EBITDA Margin -43% XXX XXX XXX XXX
EBITDA Growth 4% XXX XXX XXX XXX
Rule of 40 (SaaS-only) -12% XXX XXX XXX XXX
Revenue per Employee $0.2M XXX XXX XXX XXX
Opex per Employee $0.3M XXX XXX XXX XXX
S&M Expenses to Revenue n/a XXX XXX XXX XXX
G&A Expenses to Revenue n/a XXX XXX XXX XXX
R&D Expenses to Revenue 81% XXX XXX XXX XXX
Opex to Revenue 118% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Streaming Platforms
Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS

Indie Semiconductor Public Comps

See public comps and valuation multiples for Semiconductors and Automotive Parts comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
XXX XXX XXX XXX XXX XXX
ASM International XXX XXX XXX XXX XXX XXX
ASML XXX XXX XXX XXX XXX XXX
Besi XXX XXX XXX XXX XXX XXX
4DS Memory XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Indie Semiconductor M&A and Investment Activity

Indie Semiconductor acquired  XXX companies to date.

Last acquisition by Indie Semiconductor was  XXXXXXXX, XXXXX XXXXX XXXXXX . Indie Semiconductor acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Indie Semiconductor

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About Indie Semiconductor

When was Indie Semiconductor founded? Indie Semiconductor was founded in 2020.
Where is Indie Semiconductor headquartered? Indie Semiconductor is headquartered in United States of America.
How many employees does Indie Semiconductor have? As of today, Indie Semiconductor has 920 employees.
Who is the CEO of Indie Semiconductor? Indie Semiconductor's CEO is Mr. Donald McClymont.
Is Indie Semiconductor publicy listed? Yes, Indie Semiconductor is a public company listed on NAS.
What is the stock symbol of Indie Semiconductor? Indie Semiconductor trades under INDI ticker.
When did Indie Semiconductor go public? Indie Semiconductor went public in 2021.
Who are competitors of Indie Semiconductor? Similar companies to Indie Semiconductor include e.g. , ASM International, ASML, Besi.
What is the current market cap of Indie Semiconductor? Indie Semiconductor's current market cap is $364M
What is the current revenue of Indie Semiconductor? Indie Semiconductor's last 12-month revenue is $230M.
What is the current EBITDA of Indie Semiconductor? Indie Semiconductor's last 12-month EBITDA is -$55.4M.
What is the current EV/Revenue multiple of Indie Semiconductor? Current revenue multiple of Indie Semiconductor is 2.1x.
What is the current EV/EBITDA multiple of Indie Semiconductor? Current EBITDA multiple of Indie Semiconductor is -8.8x.
What is the current revenue growth of Indie Semiconductor? Indie Semiconductor revenue growth between 2023 and 2024 was -3%.
Is Indie Semiconductor profitable? Yes, Indie Semiconductor is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.