(UMC) United Microelectronics - Ratings and Ratios
Integrated Circuits, Semiconductor Wafers, Design Services
UMC EPS (Earnings per Share)
UMC Revenue
Description: UMC United Microelectronics
United Microelectronics Corporation is a leading semiconductor wafer foundry with a global presence, serving various markets including mobile and wireless communications, IoT, wearables, computing, data processing, and automotive. The companys diversified service offerings extend beyond manufacturing to include backend and design support, venture capital, marketing support, and research and development services.
From a strategic perspective, UMCs position in the semiconductor industry is significant, given the growing demand for specialized chips in emerging technologies such as AI, 5G, and autonomous vehicles. Key performance indicators (KPIs) to watch include revenue growth, gross margin expansion, and capacity utilization rates. UMCs ability to maintain a competitive edge in terms of technology node advancements and manufacturing efficiency will be crucial. Additionally, the companys diversification into services such as design support and R&D can provide a stable source of revenue and enhance customer stickiness.
UMCs financial health is reflected in its market capitalization of approximately $19.7 billion, with a price-to-earnings ratio of 12.23 and a forward P/E of 13.70, indicating moderate valuation. The return on equity (RoE) of 11.93% suggests a decent return for shareholders. To further evaluate UMCs investment potential, its essential to analyze its revenue breakdown by application, geographic revenue distribution, and the companys capital expenditure plans to gauge future growth prospects.
From a competitive standpoint, UMC operates in a highly competitive landscape dominated by giants like TSMC and Samsung. Its ability to carve out a niche, particularly in specialized or less advanced nodes, will be critical. Monitoring UMCs customer base diversification, partnerships, and investments in R&D will provide insights into its competitive positioning and future growth trajectory.
UMC Stock Overview
| Market Cap in USD | 16,725m |
| Sub-Industry | Semiconductors |
| IPO / Inception | 2000-09-19 |
UMC Stock Ratings
| Growth Rating | 21.2% |
| Fundamental | 55.2% |
| Dividend Rating | 74.2% |
| Return 12m vs S&P 500 | -31.0% |
| Analyst Rating | 3.0 of 5 |
UMC Dividends
| Dividend Yield 12m | 7.22% |
| Yield on Cost 5y | 18.16% |
| Annual Growth 5y | 27.76% |
| Payout Consistency | 72.6% |
| Payout Ratio | 96.8% |
UMC Growth Ratios
| Growth Correlation 3m | -74.1% |
| Growth Correlation 12m | 2.1% |
| Growth Correlation 5y | 7.8% |
| CAGR 5y | 19.91% |
| CAGR/Max DD 5y | 0.37 |
| Sharpe Ratio 12m | -1.26 |
| Alpha | -31.84 |
| Beta | 0.698 |
| Volatility | 28.86% |
| Current Volume | 6930.1k |
| Average Volume 20d | 6930.1k |
| Stop Loss | 6.3 (-4.3%) |
| Signal | -1.64 |
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (39.65b TTM) > 0 and > 6% of Revenue (6% = 14.25b TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA 5.70pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 35.70% (prev 36.48%; Δ -0.78pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.18 (>3.0%) and CFO 96.25b > Net Income 39.65b (YES >=105%, WARN >=100%) |
| Net Debt (-58.23b) to EBITDA (77.52b) ratio: -0.75 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.77 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (2.52b) change vs 12m ago 0.39% (target <= -2.0% for YES) |
| Gross Margin 29.94% (prev 32.50%; Δ -2.57pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 41.84% (prev 38.07%; Δ 3.77pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 22.64 (EBITDA TTM 77.52b / Interest Expense TTM 1.67b) >= 6 (WARN >= 3) |
Altman Z'' 4.35
| (A) 0.15 = (Total Current Assets 195.17b - Total Current Liabilities 110.39b) / Total Assets 548.14b |
| (B) 0.38 = Retained Earnings (Balance) 207.73b / Total Assets 548.14b |
| (C) 0.07 = EBIT TTM 37.85b / Avg Total Assets 567.55b |
| (D) 1.57 = Book Value of Equity 331.75b / Total Liabilities 211.10b |
| Total Rating: 4.35 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 55.18
| 1. Piotroski 6.50pt = 1.50 |
| 2. FCF Yield 6.85% = 3.42 |
| 3. FCF Margin 14.20% = 3.55 |
| 4. Debt/Equity 0.14 = 2.49 |
| 5. Debt/Ebitda 0.63 = 2.20 |
| 6. ROIC - WACC -0.55% = -0.69 |
| 7. RoE 10.76% = 0.90 |
| 8. Rev. Trend -39.98% = -2.00 |
| 9. Rev. CAGR -8.67% = -1.44 |
| 10. EPS Trend -89.83% = -2.25 |
| 11. EPS CAGR -33.38% = -2.50 |
What is the price of UMC shares?
Over the past week, the price has changed by -2.81%, over one month by -7.58%, over three months by -9.22% and over the past year by -19.29%.
Is United Microelectronics a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of UMC is around 6.66 USD . This means that UMC is currently overvalued and has a potential downside of 1.22%.
Is UMC a buy, sell or hold?
- Strong Buy: 1
- Buy: 0
- Hold: 3
- Sell: 2
- Strong Sell: 0
What are the forecasts/targets for the UMC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 7.1 | 7.1% |
| Analysts Target Price | 7.1 | 7.1% |
| ValueRay Target Price | 7.4 | 12.3% |
Last update: 2025-08-27 04:50
UMC Fundamental Data Overview
CCE Cash And Equivalents = 66.77b TWD (last quarter)
P/E Trailing = 12.3333
P/E Forward = 11.7925
P/S = 0.0704
P/B = 1.5166
P/EG = 1.34
Beta = 1.027
Revenue TTM = 237.49b TWD
EBIT TTM = 37.85b TWD
EBITDA TTM = 77.52b TWD
Long Term Debt = 41.60b TWD (from longTermDebt, last quarter)
Short Term Debt = 7.13b TWD (from shortTermDebt, last quarter)
Debt = 48.73b TWD (Calculated: Short Term 7.13b + Long Term 41.60b)
Net Debt = -58.23b TWD (from netDebt column, last quarter)
Enterprise Value = 492.32b TWD (510.35b + Debt 48.73b - CCE 66.77b)
Interest Coverage Ratio = 22.64 (Ebit TTM 37.85b / Interest Expense TTM 1.67b)
FCF Yield = 6.85% (FCF TTM 33.72b / Enterprise Value 492.32b)
FCF Margin = 14.20% (FCF TTM 33.72b / Revenue TTM 237.49b)
Net Margin = 16.69% (Net Income TTM 39.65b / Revenue TTM 237.49b)
Gross Margin = 29.94% ((Revenue TTM 237.49b - Cost of Revenue TTM 166.39b) / Revenue TTM)
Tobins Q-Ratio = 1.48 (Enterprise Value 492.32b / Book Value Of Equity 331.75b)
Interest Expense / Debt = 0.74% (Interest Expense 360.4m / Debt 48.73b)
Taxrate = 16.21% (from yearly Income Tax Expense: 9.11b / 56.22b)
NOPAT = 31.71b (EBIT 37.85b * (1 - 16.21%))
Current Ratio = 1.77 (Total Current Assets 195.17b / Total Current Liabilities 110.39b)
Debt / Equity = 0.14 (Debt 48.73b / last Quarter total Stockholder Equity 336.87b)
Debt / EBITDA = 0.63 (Net Debt -58.23b / EBITDA 77.52b)
Debt / FCF = 1.45 (Debt 48.73b / FCF TTM 33.72b)
Total Stockholder Equity = 368.40b (last 4 quarters mean)
RoA = 7.23% (Net Income 39.65b, Total Assets 548.14b )
RoE = 10.76% (Net Income TTM 39.65b / Total Stockholder Equity 368.40b)
RoCE = 9.23% (Ebit 37.85b / (Equity 368.40b + L.T.Debt 41.60b))
RoIC = 7.34% (NOPAT 31.71b / Invested Capital 432.05b)
WACC = 7.90% (E(510.35b)/V(559.08b) * Re(8.59%)) + (D(48.73b)/V(559.08b) * Rd(0.74%) * (1-Tc(0.16)))
Shares Correlation 5-Years: 70.0 | Cagr: 0.76%
Discount Rate = 8.59% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 68.02% ; FCFE base≈21.30b ; Y1≈13.98b ; Y5≈6.39b
Fair Price DCF = 45.68 (DCF Value 114.70b / Shares Outstanding 2.51b; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: -39.98 | Revenue CAGR: -8.67%
Rev Growth-of-Growth: 18.18
EPS Correlation: -89.83 | EPS CAGR: -33.38%
EPS Growth-of-Growth: 10.98
Additional Sources for UMC Stock
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