Fundamentals UMC (NYSE) - United Microelectronics
VR Fundamental Rating 7.90
| VR Piotroski Score | 8.00 |
| Altman-Z Score | 1.92 |
| Tobins Q Ratio | 0.02 |
| Tax Rate | 14.34% |
| Free-Cash-Flow Yield | 197.23% |
| Free-Cash-Flow Margin | 15.13% |
| Net Margin | 37.69% |
| Gross Margin | 43.59% |
| Current Ratio | 2.29 |
| Debt / Equity | 0.11 |
| Debt / EBITDA | 0.26 |
| Debt / Free-Cash Flow | 0.93 |
| Interest Expense / Debt | 4.26% |
| RoE Return on Equity | 28.60% |
| RoCE Return on Cap. Employed | 21.73% |
| RoA Return on Assets | 18.48% |
| RoIC Return on Inv. Cap. | 31.35% |
| Analysts Rating | 3.40 |
| Analysts Target Price (is below last close by |
7.62 USD -8.4%) |
VR Piotroski 8.00
1 - Yes: Net Income TTM (101577.8m) > 10m and > 3% of Revenue TTM (3% = 8084.8m)
2 - No: FCF TTM (40762.4m) > 1m and > FCF prev (98%) (47998.0m)
3 - Yes: RoA TTM 18.48% (Net Income TTM 101577.8m / Total Assets 549631.1m) >3% and > RoA prev (98%) 12.54% (61803.4m / 482908.5m)
4 - Yes: Total Cash from Operating Activities TTM 142706.9m > 1m and > Net Income TTM 101577.8m
5 - Yes: Net Debt (Debt 37945.0m - CCE 131390.3m) to EBITDA TTM (144777.3m) ratio: -0.65 < 3.5
6 - Yes: Current Ratio 2.29 (Total Current Assets 241967.2m / Total Current Liabilities 0.1m) >= 1 and > Current Ratio prev (98%) 2.21 (233273.4m / 105453.7m)
7 - No: Shares Outstanding last quarter 2519.4m < quarter 12m ago 2506.9m
8 - Yes: Gross Margin 43.59% (Total Revenue 269491.9m - Cost Of Revenue 152007.4m / Total Revenue) > 20% and > Gross Margin prev (98%) 37.2%
9 - Yes: Asset Turnover 0.49 (Total Revenue 269491.9m / Total Assets 549631.1m) > Asset Turnover prev (98%) 0.47 (229336.8m / 482908.5m)
10 - Yes: Interest Coverage Ratio 89.64 (EBITDA 144777.3m / Interest Expense 1615.1m) > 5
2 - No: FCF TTM (40762.4m) > 1m and > FCF prev (98%) (47998.0m)
3 - Yes: RoA TTM 18.48% (Net Income TTM 101577.8m / Total Assets 549631.1m) >3% and > RoA prev (98%) 12.54% (61803.4m / 482908.5m)
4 - Yes: Total Cash from Operating Activities TTM 142706.9m > 1m and > Net Income TTM 101577.8m
5 - Yes: Net Debt (Debt 37945.0m - CCE 131390.3m) to EBITDA TTM (144777.3m) ratio: -0.65 < 3.5
6 - Yes: Current Ratio 2.29 (Total Current Assets 241967.2m / Total Current Liabilities 0.1m) >= 1 and > Current Ratio prev (98%) 2.21 (233273.4m / 105453.7m)
7 - No: Shares Outstanding last quarter 2519.4m < quarter 12m ago 2506.9m
8 - Yes: Gross Margin 43.59% (Total Revenue 269491.9m - Cost Of Revenue 152007.4m / Total Revenue) > 20% and > Gross Margin prev (98%) 37.2%
9 - Yes: Asset Turnover 0.49 (Total Revenue 269491.9m / Total Assets 549631.1m) > Asset Turnover prev (98%) 0.47 (229336.8m / 482908.5m)
10 - Yes: Interest Coverage Ratio 89.64 (EBITDA 144777.3m / Interest Expense 1615.1m) > 5
Altman-Z 1.92
A = 0.248 = (Total Current Assets 241967.2m - Total Current Liabilities 105886.0m) / Total Assets 549631.1m
B = 0.349 = Retained Earnings 191669.7m / Total Assets 549631.1m
C = 0.175 = EBIT TTM 96438.7m / Total Assets 549631.1m
D = 0.106 = Market Cap 20667.7m / Total Liabilities 194081.1m
E = 0.49 = Revenue TTM 269491.9m / Total Assets 549631.1m
1.919 = (1.2 * A) + (1.4 * B) + (3.3 * C) + (0.6 * D) + (1.0 * E)
B = 0.349 = Retained Earnings 191669.7m / Total Assets 549631.1m
C = 0.175 = EBIT TTM 96438.7m / Total Assets 549631.1m
D = 0.106 = Market Cap 20667.7m / Total Liabilities 194081.1m
E = 0.49 = Revenue TTM 269491.9m / Total Assets 549631.1m
1.919 = (1.2 * A) + (1.4 * B) + (3.3 * C) + (0.6 * D) + (1.0 * E)
Current Fundamental Values
Market Cap = 20667.7m TWD
Market Cap in USD = 673.6m (20667.7m TWD * 0.0326 TWDUSD)
Revenue TTM = 269491.9m
Ebit TTM = 96438.7m
Debt = 37945.0m (short 641.733m + long 37303.266m) last quarter
CCE = 131390.3m last fiscal year
Enterprise Value = -72777.6m (Market Cap 20667.7m + Debt 37945.0m - CCE 131390.3m)
Net Debt = -93445.3 (37945.0m Debt - 131390.3m Cash and Cash Equilavents)
EBITDA = 144777.3m (TTM)
FCF Yield = 197.23% (FCF TTM 40762.4m / Market Cap 20667.7m)
FCF Margin = 15.13% (FCF TTM 40762.4m / Revenue TTM 269491.9m)
Net Margin = 37.69% (Net Income TTM 101577.8m / Revenue TTM 269491.9m)
Gross Margin = 43.59% ((Revenue TTM 269491.9m - Cost of Revenue TTM 152007.4m) / Revenue TTM 269491.9m)
Tobins Q-Ratio = 0.017 (Market Cap 20667.7m / Book Value Of Equity 1241583.7m)
Interest Expense / Debt = 4.26% (Interest Expense TTM 1615 m / Debt 37.94km)
Interest Coverage Ratio = 89.64 (EbitDA TTM 144.8km) / Interest Expense TTM 1615 m)
Taxrate = 14.34% last quarter (Income Tax Expense 2744 m / Income Before Tax 19.13km)
nopat = 82605.0m (Operating Income TTM 96.44km * (1 - Taxrate 0.14))
Current Ratio = 2.29 (Total Current Assets 242.0km / Total Current Liabilities 105.9km)
Debt / Equity = 0.11 (Debt 37944m / last Quarter total Stockholder Equity 355205m)
Debt / EBITDA = 0.26 (Debt 37944m / EBITDA 144777m)
Debt / FCF = 0.93 (Debt 37944m / FCF TTM 40762m)
RoA = 18.48%
RoE = 28.60% (Net Income TTM 101577m / Total Stockholder Equity 355205m)
RoCE = 21.73% (Ebit TTM 96.44km / x)
RoIC = 31.35% (Ebit TTM 96.44km / (Total Assets 549.6km - Total Current Assets 242.0km) )
WACC = -4.50% ((Market Cap / EV) * CAPM 0.09) + (Debt / EV) * Interest Expense on Debt * (1 - Taxrate)
Shares Correlation 10y: -24.44 - Cagr: -0.05% (-0.01)
EPS Kendall: 76.93 - EPS Cagr: 15.86% (12.20)
Rev Kendall: 80.95 - Rev Cagr: 1.77% (1.43)
Market Cap in USD = 673.6m (20667.7m TWD * 0.0326 TWDUSD)
Revenue TTM = 269491.9m
Ebit TTM = 96438.7m
Debt = 37945.0m (short 641.733m + long 37303.266m) last quarter
CCE = 131390.3m last fiscal year
Enterprise Value = -72777.6m (Market Cap 20667.7m + Debt 37945.0m - CCE 131390.3m)
Net Debt = -93445.3 (37945.0m Debt - 131390.3m Cash and Cash Equilavents)
EBITDA = 144777.3m (TTM)
FCF Yield = 197.23% (FCF TTM 40762.4m / Market Cap 20667.7m)
FCF Margin = 15.13% (FCF TTM 40762.4m / Revenue TTM 269491.9m)
Net Margin = 37.69% (Net Income TTM 101577.8m / Revenue TTM 269491.9m)
Gross Margin = 43.59% ((Revenue TTM 269491.9m - Cost of Revenue TTM 152007.4m) / Revenue TTM 269491.9m)
Tobins Q-Ratio = 0.017 (Market Cap 20667.7m / Book Value Of Equity 1241583.7m)
Interest Expense / Debt = 4.26% (Interest Expense TTM 1615 m / Debt 37.94km)
Interest Coverage Ratio = 89.64 (EbitDA TTM 144.8km) / Interest Expense TTM 1615 m)
Taxrate = 14.34% last quarter (Income Tax Expense 2744 m / Income Before Tax 19.13km)
nopat = 82605.0m (Operating Income TTM 96.44km * (1 - Taxrate 0.14))
Current Ratio = 2.29 (Total Current Assets 242.0km / Total Current Liabilities 105.9km)
Debt / Equity = 0.11 (Debt 37944m / last Quarter total Stockholder Equity 355205m)
Debt / EBITDA = 0.26 (Debt 37944m / EBITDA 144777m)
Debt / FCF = 0.93 (Debt 37944m / FCF TTM 40762m)
RoA = 18.48%
RoE = 28.60% (Net Income TTM 101577m / Total Stockholder Equity 355205m)
RoCE = 21.73% (Ebit TTM 96.44km / x)
RoIC = 31.35% (Ebit TTM 96.44km / (Total Assets 549.6km - Total Current Assets 242.0km) )
WACC = -4.50% ((Market Cap / EV) * CAPM 0.09) + (Debt / EV) * Interest Expense on Debt * (1 - Taxrate)
Shares Correlation 10y: -24.44 - Cagr: -0.05% (-0.01)
EPS Kendall: 76.93 - EPS Cagr: 15.86% (12.20)
Rev Kendall: 80.95 - Rev Cagr: 1.77% (1.43)