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United Microelectronics DB:UMCB Stock Report

Last Price

€6.25

Market Cap

€16.2b

7D

0.8%

1Y

-15.0%

Updated

02 Jan, 2025

Data

Company Financials +

United Microelectronics Corporation

DB:UMCB Stock Report

Market Cap: €16.2b

UMCB Stock Overview

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. More details

UMCB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 74.2% below our estimate of its fair value

Earnings are forecast to grow 8.02% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 6.87% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

United Microelectronics Corporation Competitors

Infineon Technologies

XTRA:IFX

€40.8b

Elmos Semiconductor

XTRA:ELG

€1.2b

Siltronic

XTRA:WAF

€1.4b

Will Semiconductor

SHSE:603501

CN¥117.9b

Price History & Performance

Summary of share price highs, lows and changes for United Microelectronics
Historical stock prices
Current Share PriceNT$6.25
52 Week HighNT$8.45
52 Week LowNT$5.95
Beta1.19
1 Month Change-2.34%
3 Month Change-15.54%
1 Year Change-14.97%
3 Year Change-34.90%
5 Year Change169.40%
Change since IPO-45.89%

Recent News & Updates

Recent updates

Shareholder Returns

UMCBDE SemiconductorDE Market
7D0.8%-0.3%0.7%
1Y-15.0%-16.5%8.4%

Return vs Industry: UMCB exceeded the German Semiconductor industry which returned -17.8% over the past year.

Return vs Market: UMCB underperformed the German Market which returned 8.4% over the past year.

Price Volatility

Is UMCB's price volatile compared to industry and market?
UMCB volatility
UMCB Average Weekly Movement4.3%
Semiconductor Industry Average Movement7.2%
Market Average Movement4.9%
10% most volatile stocks in DE Market12.0%
10% least volatile stocks in DE Market2.4%

Stable Share Price: UMCB has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: UMCB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980n/aJason S. Wangwww.umc.com

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers.

United Microelectronics Corporation Fundamentals Summary

How do United Microelectronics's earnings and revenue compare to its market cap?
UMCB fundamental statistics
Market cap€16.19b
Earnings (TTM)€1.50b
Revenue (TTM)€6.71b

10.8x

P/E Ratio

2.4x

P/S Ratio

Is UMCB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UMCB income statement (TTM)
RevenueNT$226.87b
Cost of RevenueNT$151.76b
Gross ProfitNT$75.12b
Other ExpensesNT$24.51b
EarningsNT$50.61b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 21, 2025

Earnings per share (EPS)4.04
Gross Margin33.11%
Net Profit Margin22.31%
Debt/Equity Ratio24.1%

How did UMCB perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

72%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 18:38
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

United Microelectronics Corporation is covered by 49 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tayla-Blair BothaArete Research Services LLP
Brett SimpsonArete Research Services LLP
Andrew LuBarclays