UMCB Stock Overview
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally.
United Microelectronics Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$7.66|
|52 Week High||NT$11.80|
|52 Week Low||NT$6.50|
|1 Month Change||2.41%|
|3 Month Change||-9.35%|
|1 Year Change||9.43%|
|3 Year Change||323.20%|
|5 Year Change||329.13%|
|Change since IPO||-33.68%|
Recent News & Updates
|UMCB||DE Semiconductor||DE Market|
Return vs Industry: UMCB exceeded the German Semiconductor industry which returned -11.1% over the past year.
Return vs Market: UMCB exceeded the German Market which returned -11.8% over the past year.
|UMCB Average Weekly Movement||6.5%|
|Semiconductor Industry Average Movement||7.2%|
|Market Average Movement||6.4%|
|10% most volatile stocks in DE Market||10.7%|
|10% least volatile stocks in DE Market||3.6%|
Stable Share Price: UMCB is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: UMCB's weekly volatility (6%) has been stable over the past year.
About the Company
|1980||n/a||Jason S. Wang||https://www.umc.com|
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, 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 Fundamentals Summary
|UMCB fundamental statistics|
Is UMCB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UMCB income statement (TTM)|
|Cost of Revenue||NT$142.28b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||5.22|
|Net Profit Margin||28.41%|
How did UMCB perform over the long term?See historical performance and comparison
Is United Microelectronics undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UMCB (€7.66) is trading below our estimate of fair value (€13.84)
Significantly Below Fair Value: UMCB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UMCB is good value based on its PE Ratio (9.2x) compared to the German Semiconductor industry average (17.8x).
PE vs Market: UMCB is good value based on its PE Ratio (9.2x) compared to the German market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: UMCB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: UMCB is good value based on its PB Ratio (2x) compared to the DE Semiconductor industry average (2.8x).
How is United Microelectronics forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UMCB's earnings are forecast to decline over the next 3 years (-14.3% per year).
Earnings vs Market: UMCB's earnings are forecast to decline over the next 3 years (-14.3% per year).
High Growth Earnings: UMCB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: UMCB's revenue (1.1% per year) is forecast to grow slower than the German market (5.3% per year).
High Growth Revenue: UMCB's revenue (1.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UMCB's Return on Equity is forecast to be high in 3 years time (20.3%)
How has United Microelectronics performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UMCB has high quality earnings.
Growing Profit Margin: UMCB's current net profit margins (28.4%) are higher than last year (20.6%).
Past Earnings Growth Analysis
Earnings Trend: UMCB's earnings have grown significantly by 45.4% per year over the past 5 years.
Accelerating Growth: UMCB's earnings growth over the past year (74.2%) exceeds its 5-year average (45.4% per year).
Earnings vs Industry: UMCB earnings growth over the past year (74.2%) underperformed the Semiconductor industry 79.5%.
Return on Equity
High ROE: UMCB's Return on Equity (21.6%) is considered high.
How is United Microelectronics's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: UMCB's short term assets (NT$249.7B) exceed its short term liabilities (NT$93.1B).
Long Term Liabilities: UMCB's short term assets (NT$249.7B) exceed its long term liabilities (NT$87.5B).
Debt to Equity History and Analysis
Debt Level: UMCB has more cash than its total debt.
Reducing Debt: UMCB's debt to equity ratio has reduced from 45.5% to 24% over the past 5 years.
Debt Coverage: UMCB's debt is well covered by operating cash flow (140.7%).
Interest Coverage: UMCB's interest payments on its debt are well covered by EBIT (49.3x coverage).
What is United Microelectronics's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UMCB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UMCB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if UMCB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UMCB's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: UMCB is not paying a notable dividend for the German market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as UMCB has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jason S. Wang (58 yo)
Mr. Jason S. Wang has been Co-President of United Microelectronics Corporation since June 14, 2017. Mr. Wang served as a Senior Vice President of United Microelectronics Corporation since November 2014 unt...
Experienced Management: UMCB's management team is seasoned and experienced (5.9 years average tenure).
Experienced Board: UMCB's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
United Microelectronics Corporation's employee growth, exchange listings and data sources
- Name: United Microelectronics Corporation
- Ticker: UMCB
- Exchange: DB
- Founded: 1980
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: NT$596.646b
- Listing Market Cap: NT$19.193b
- Shares outstanding: 12.48b
- Website: https://www.umc.com
Number of Employees
- United Microelectronics Corporation
- Hsinchu Science Park
- No. 3 Li-Hsin Road II
- Hsinchu City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/12 00:00|
|End of Day Share Price||2022/05/11 00:00|
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.