(UMC) United Microelectronics - Ratings and Ratios

United Microelectronics Corporation (UMC) is a leading global semiconductor wafer foundry with operations spanning Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and other international markets. Established in 1980 and headquartered in Hsinchu City, Taiwan, UMC specializes in the manufacturing and sale of integrated circuits, providing advanced foundry services for a diverse range of applications. The company serves key markets including mobile and wireless communications, IoT and wearables, computing and data processing, and automotive systems. UMC also offers comprehensive backend and design support services to enhance customer product development. Beyond its core semiconductor business, the company provides venture capital and marketing support, consulting and advisory services, energy technical solutions, solar engineering integrated design, research and development services, and insurance services. UMCs extensive service portfolio underscores its commitment to driving innovation and supporting the growth of its global clientele.

Over the next three months, UMC is expected to maintain its operational momentum, supported by strong demand in the semiconductor sector. Technically, the stock is trading near its SMA20 (6.67) and SMA50 (6.58), with a last price of 6.72, indicating potential for short-term stability. The SMA200 (7.26) suggests the stock is trading below its long-term average, which may present a buying opportunity. With an ATR of 0.29, volatility is expected to remain moderate. Fundamentally, UMCs market cap of $17.255B reflects its established position in the industry. The P/E ratio of 12.05 and forward P/E of 9.86 indicate reasonable valuation, while the P/B ratio of 1.49 and P/S ratio of 0.07 highlight its attractive pricing relative to book value and sales. The return on equity (RoE) of 12.49% further demonstrates the companys profitability. These factors collectively point to a positive outlook for UMC in the near term.