indie Semiconductor (NASDAQ:INDI) and Coda Octopus Group (NASDAQ:CODA) Financial Survey

Coda Octopus Group (NASDAQ:CODA) and indie Semiconductor (NASDAQ:INDI) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, dividends, risk, earnings, analyst recommendations, valuation and institutional ownership.

Analyst Recommendations

This is a breakdown of recent recommendations for Coda Octopus Group and indie Semiconductor, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Coda Octopus Group	0	1	2	0	2.67
indie Semiconductor	1	2	2	0	2.20

Coda Octopus Group currently has a consensus price target of $14.00, suggesting a potential upside of 48.94%. indie Semiconductor has a consensus price target of $6.19, suggesting a potential upside of 73.32%. Given indie Semiconductor’s higher possible upside, analysts clearly believe indie Semiconductor is more favorable than Coda Octopus Group.

Valuation and Earnings

This table compares Coda Octopus Group and indie Semiconductor”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Coda Octopus Group	$26.56 million	3.99	$4.13 million	$0.43	21.86
indie Semiconductor	$218.77 million	3.70	-$143.07 million	($0.76)	-4.70

Coda Octopus Group has higher earnings, but lower revenue than indie Semiconductor. indie Semiconductor is trading at a lower price-to-earnings ratio than Coda Octopus Group, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

20.1% of Coda Octopus Group shares are owned by institutional investors. Comparatively, 67.7% of indie Semiconductor shares are owned by institutional investors. 21.8% of Coda Octopus Group shares are owned by company insiders. Comparatively, 2.6% of indie Semiconductor shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Coda Octopus Group and indie Semiconductor’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Coda Octopus Group	17.66%	8.33%	7.61%
indie Semiconductor	-69.76%	-29.85%	-13.40%

Volatility and Risk

Coda Octopus Group has a beta of 0.57, indicating that its share price is 43% less volatile than the S&P 500. Comparatively, indie Semiconductor has a beta of 2.73, indicating that its share price is 173% more volatile than the S&P 500.

Summary

Coda Octopus Group beats indie Semiconductor on 9 of the 13 factors compared between the two stocks.

About Coda Octopus Group

Coda Octopus Group, Inc., together with its subsidiaries, develops, sells, and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company operates through two segments, Marine Engineering Business and Marine Technology Business. The company's solutions include geophysical systems; GNSS-aided navigation systems (attitude and positioning systems); real time volumetric imaging sonar products; and diver augmented vision display systems. It also offers GeoSurvey, a software and hardware package for acquisition and processing of sidescan sonar and sub-bottom profiler data in oil and gas companies; DA4G, a geophysical hardware; and Survey Engine, a software product that provides post-processing solutions for sidescan sonar and sub-bottom profiler data. In addition, the company offers 3D/4D/5D/6D imaging sonar technology under the Echoscope and Echoscope PIPE name; diving technology under the CodaOctopus DAVD; and operates as a sub-contractor for defense contractors, as well as supplies sub-assemblies for broader mission critical defense systems. It markets and sells its technology solutions for the subsea and underwater markets. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.

About indie Semiconductor

indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicle, in-cabin, connected car, and electrification applications in the United States, South America, rest of North America, Greater China, South Korea, rest of the Asia Pacific, and Europe. It offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. In addition, it designs and manufactures photonic components on various technology platforms, including fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and low-noise and high-speed electronics. The company was founded in 2007 and is headquartered in Aliso Viejo, California.