United Microelectronics Future Growth
Future criteria checks 1/6
United Microelectronics is forecast to grow earnings and revenue by 8% and 9.4% per annum respectively. EPS is expected to grow by 7% per annum. Return on equity is forecast to be 15.3% in 3 years.
Key information
8.0%
Earnings growth rate
7.0%
EPS growth rate
| Semiconductor earnings growth | 20.8% |
| Revenue growth rate | 9.4% |
| Future return on equity | 15.3% |
| Analyst coverage | Good |
| Last updated | 05 Nov 2024 |
Recent future growth updates
United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Nov 01
United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 02United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 27Recent updates
Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?
Nov 18United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Nov 01Little Excitement Around United Microelectronics Corporation's (TWSE:2303) Earnings
Oct 22United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 80% Above Its Share Price
Aug 29Why United Microelectronics Corporation (TWSE:2303) Could Be Worth Watching
Aug 16United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 02These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well
Jul 25United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue
Jul 11United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3
Jun 14The Market Doesn't Like What It Sees From United Microelectronics Corporation's (TWSE:2303) Earnings Yet
May 23What Is United Microelectronics Corporation's (TWSE:2303) Share Price Doing?
May 10United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 27United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 19% Below Its Share Price
Apr 22We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt
Mar 22Should You Rely On United Microelectronics's (TPE:2303) Earnings Growth?
Dec 08
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 282,436 | 60,785 | 54,529 | 129,463 | 13 |
| 12/31/2025 | 252,013 | 51,917 | 26,880 | 106,921 | 22 |
| 12/31/2024 | 231,716 | 50,196 | 16,708 | 96,365 | 21 |
| 9/30/2024 | 226,875 | 50,608 | -6,187 | 87,112 | N/A |
| 6/30/2024 | 223,459 | 52,107 | -53 | 88,823 | N/A |
| 3/31/2024 | 222,956 | 55,263 | -13,224 | 79,855 | N/A |
| 12/31/2023 | 222,533 | 59,689 | -8,020 | 86,000 | N/A |
| 9/30/2023 | 235,410 | 69,143 | -8,565 | 100,739 | N/A |
| 6/30/2023 | 253,733 | 80,168 | 6,330 | 121,376 | N/A |
| 3/31/2023 | 269,492 | 83,574 | 40,762 | 142,707 | N/A |
| 12/31/2022 | 278,705 | 89,479 | 62,977 | 145,861 | N/A |
| 9/30/2022 | 269,969 | 79,546 | 70,428 | 131,727 | N/A |
| 6/30/2022 | 250,484 | 70,010 | 58,577 | 114,157 | N/A |
| 3/31/2022 | 229,337 | 65,160 | 48,978 | 102,189 | N/A |
| 12/31/2021 | 213,011 | 51,246 | 40,392 | 90,352 | N/A |
| 9/30/2021 | 199,208 | 51,027 | 32,418 | 79,602 | N/A |
| 6/30/2021 | 188,172 | 42,673 | 39,136 | 76,015 | N/A |
| 3/31/2021 | 181,650 | 37,410 | 37,053 | 69,294 | N/A |
| 12/31/2020 | 176,821 | 22,861 | 37,391 | 65,745 | N/A |
| 9/30/2020 | 173,374 | 20,278 | 66,446 | 87,205 | N/A |
| 6/30/2020 | 166,242 | 14,101 | 48,068 | 65,588 | N/A |
| 3/31/2020 | 157,887 | 10,713 | 44,500 | 61,453 | N/A |
| 12/31/2019 | 148,202 | 8,155 | 35,942 | 54,904 | N/A |
| 9/30/2019 | 141,870 | 4,164 | 10,316 | 29,494 | N/A |
| 6/30/2019 | 143,518 | 2,956 | 27,668 | 48,345 | N/A |
| 3/31/2019 | 146,338 | 4,874 | 29,784 | 50,342 | N/A |
| 12/31/2018 | 151,253 | 7,678 | 30,506 | 50,935 | N/A |
| 9/30/2018 | 152,366 | 10,599 | 24,614 | 51,711 | N/A |
| 6/30/2018 | 150,678 | 12,351 | N/A | 47,387 | N/A |
| 3/31/2018 | 149,364 | 10,791 | N/A | 47,940 | N/A |
| 12/31/2017 | 149,285 | 9,677 | N/A | 52,474 | N/A |
| 9/30/2017 | 150,960 | 10,711 | N/A | 55,122 | N/A |
| 6/30/2017 | 151,425 | 10,213 | N/A | 57,563 | N/A |
| 3/31/2017 | 150,884 | 10,698 | N/A | 48,363 | N/A |
| 12/31/2016 | 147,870 | 8,621 | N/A | 46,450 | N/A |
| 9/30/2016 | 143,414 | 8,733 | N/A | 46,332 | N/A |
| 6/30/2016 | 140,570 | 7,467 | N/A | 48,722 | N/A |
| 3/31/2016 | 141,585 | 9,484 | N/A | 54,317 | N/A |
| 12/31/2015 | 144,830 | 13,254 | N/A | 59,788 | N/A |
| 9/30/2015 | 148,216 | 14,852 | N/A | 63,197 | N/A |
| 6/30/2015 | 148,110 | 16,060 | N/A | 58,958 | N/A |
| 3/31/2015 | 145,968 | 14,942 | N/A | 55,426 | N/A |
| 12/31/2014 | 140,012 | 11,109 | N/A | 44,766 | N/A |
| 9/30/2014 | 133,496 | 8,327 | N/A | 39,389 | N/A |
| 6/30/2014 | 131,688 | 8,888 | N/A | 40,075 | N/A |
| 3/31/2014 | 127,724 | 7,217 | N/A | 42,586 | N/A |
| 12/31/2013 | 123,812 | 12,630 | N/A | 43,472 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2303's forecast earnings growth (8% per year) is above the savings rate (1.1%).
Earnings vs Market: 2303's earnings (8% per year) are forecast to grow slower than the TW market (19.4% per year).
High Growth Earnings: 2303's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2303's revenue (9.4% per year) is forecast to grow slower than the TW market (12.7% per year).
High Growth Revenue: 2303's revenue (9.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2303's Return on Equity is forecast to be low in 3 years time (15.3%).