UMC Electronics Co., Ltd. provides electronic manufacturing services in Japan.
+ 3 more risks
Unattractive dividend payer with imperfect balance sheet.
Share Price & News
How has UMC Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UM3's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: UM3 underperformed the German Electronic industry which returned 8.5% over the past year.
Return vs Market: UM3 underperformed the German Market which returned 12.8% over the past year.
Price Volatility Vs. Market
How volatile is UMC Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is UMC Electronics undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: UM3 (€3.06) is trading above our estimate of fair value (€0.98)
Significantly Below Fair Value: UM3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UM3 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: UM3 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UM3's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UM3 is good value based on its PB Ratio (0.7x) compared to the DE Electronic industry average (1.9x).
How is UMC Electronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as UMC Electronics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of UM3’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- UMC Electronics competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has UMC Electronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UM3 is currently unprofitable.
Growing Profit Margin: UM3 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: UM3 is unprofitable, and losses have increased over the past 5 years at a rate of -76.5% per year.
Accelerating Growth: Unable to compare UM3's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: UM3 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-3.9%).
Return on Equity
High ROE: UM3 has a negative Return on Equity (-51.83%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is UMC Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: UM3's short term assets (¥54.6B) do not cover its short term liabilities (¥58.9B).
Long Term Liabilities: UM3's short term assets (¥54.6B) exceed its long term liabilities (¥9.4B).
Debt to Equity History and Analysis
Debt Level: UM3's debt to equity ratio (233.6%) is considered high.
Reducing Debt: UM3's debt to equity ratio has increased from 206% to 233.6% over the past 5 years.
Inventory Level: UM3 has a high level of physical assets or inventory.
Debt Coverage by Assets: UM3's debt is covered by short term assets (assets are 2.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: UM3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: UM3 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -46.9% each year
What is UMC Electronics's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase UMC Electronics before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: UM3's dividend (7.92%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: UM3's dividend (7.92%) is in the top 25% of dividend payers in the German market (3.63%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, UM3 has been paying a dividend for less than 10 years.
Growing Dividend: UM3's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: UM3 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Shigeki Uchiyama 0
Mr. Shigeki Uchiyama serves as the Chief Executive Officer, President and Director at UMC Electronics Co., Ltd.
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 been diluted in the past year, with total shares outstanding growing by 8.2%.
UMC Electronics Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: UMC Electronics Co., Ltd.
- Ticker: UM3
- Exchange: DB
- Founded: 1968
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: JP¥7.313b
- Listing Market Cap: JP¥60.273m
- Shares outstanding: 19.30m
- Website: https://www.umc.co.jp
Number of Employees
- UMC Electronics Co., Ltd.
- 721 Kawarabuki
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|6615||TSE (The Tokyo Stock Exchange)||Yes||Common Shares||JP||JPY||Mar 2016|
|UM3||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 2016|
UMC Electronics Co., Ltd. provides electronic manufacturing services in Japan. The company develops antennas, active tags and readers, devices for fingerprint authentication systems, IC card reader/writer-related devices contact and non-contact type, monitoring alarm for vehicle abnormalities, PHS terminals, pachinko amusement/pinball, game pachinko/pinball game control units, devices related to credit/debit cards, handy terminals, and original reader/writer core units. UMC Electronics Co., Ltd. was founded in 1968 and is headquartered in Ageo, Japan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 23:10|
|End of Day Share Price||2020/02/21 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.