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Technology - Semiconductors - NYSE - TW
$ 6.13
-1.61 %
$ 15.4 B
Market Cap
10.95
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one UMC stock under the worst case scenario is HIDDEN Compared to the current market price of 6.13 USD, United Microelectronics Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one UMC stock under the base case scenario is HIDDEN Compared to the current market price of 6.13 USD, United Microelectronics Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one UMC stock under the best case scenario is HIDDEN Compared to the current market price of 6.13 USD, United Microelectronics Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart UMC

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$8.5$8.5$8.0$8.0$7.5$7.5$7.0$7.0$6.5$6.5$6.0$6.0$5.5$5.515 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
232 B REVENUE
4.39%
51.6 B OPERATING INCOME
-10.84%
47.2 B NET INCOME
-22.59%
93.9 B OPERATING CASH FLOW
9.15%
-85.9 B INVESTING CASH FLOW
12.11%
-39.2 B FINANCING CASH FLOW
-34.77%
60.4 B REVENUE
-0.16%
12 B OPERATING INCOME
-15.20%
8.5 B NET INCOME
-48.71%
33 B OPERATING CASH FLOW
90.10%
-17 B INVESTING CASH FLOW
29.09%
-14.3 B FINANCING CASH FLOW
-12.20%
Balance Sheet United Microelectronics Corporation
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Current Assets 190 B
Cash & Short-Term Investments 115 B
Receivables 34 B
Other Current Assets 40.5 B
Non-Current Assets 381 B
Long-Term Investments 72.5 B
PP&E 287 B
Other Non-Current Assets 20.9 B
20.21 %5.96 %7.10 %12.71 %50.35 %3.67 %Total Assets$570.2b
Current Liabilities 75.3 B
Accounts Payable 7.63 B
Short-Term Debt 20.1 B
Other Current Liabilities 47.5 B
Non-Current Liabilities 117 B
Long-Term Debt 61.3 B
Other Non-Current Liabilities 55.4 B
3.98 %10.49 %24.73 %31.93 %28.87 %Total Liabilities$192.0b
EFFICIENCY
Earnings Waterfall United Microelectronics Corporation
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Revenue 232 B
Cost Of Revenue 157 B
Gross Profit 75.7 B
Operating Expenses 24 B
Operating Income 51.6 B
Other Expenses 4.4 B
Net Income 47.2 B
250b250b200b200b150b150b100b100b50b50b00232b(157b)76b(24b)52b(4b)47bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
34.94% GROSS MARGIN
34.94%
26.01% OPERATING MARGIN
26.01%
26.82% NET MARGIN
26.82%
16.62% ROE
16.62%
10.92% ROA
10.92%
10.36% ROIC
10.36%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis United Microelectronics Corporation
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80b80b60b60b40b40b20b20b00(20b)(20b)(40b)(40b)(60b)(60b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 47.2 B
Depreciation & Amortization 48.2 B
Capital Expenditures -88.5 B
Stock-Based Compensation 809 M
Change in Working Capital -2.34 B
Others 478 M
Free Cash Flow 5.33 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets United Microelectronics Corporation
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Wall Street analysts predict an average 1-year price target for UMC of $7.4 , with forecasts ranging from a low of $7.4 to a high of $7.4 .
UMC Lowest Price Target Wall Street Target
7.4 USD 20.72%
UMC Average Price Target Wall Street Target
7.4 USD 20.72%
UMC Highest Price Target Wall Street Target
7.4 USD 20.72%
Price
Max Price Target
Min Price Target
Average Price Target
9999888877776666May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5.62% DIVIDEND YIELD
0.464 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.700000.700000.600000.600000.500000.500000.400000.400000.300000.300000.200000.200000.100000.100000.000000.000000.5170.585990.0890.610.0880.670.0830.080.1180.120.0940.090.136150.140.2850.290.46350.460.000.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
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5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership United Microelectronics Corporation
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Sold
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6-9 MONTHS
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9-12 MONTHS
7. News
United Microelectronics (UMC) Surges 9.2%: Is This an Indication of Further Gains? United Microelectronics (UMC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term. zacks.com - 2 weeks ago
United Microelectronics shares pop more than 10% on report of potential GlobalFoundries deal U.S. shares of Taiwan-based United Microelectronics popped more than 10% on news that it is looking to potentially merge with GlobalFoundries. Nikkei reported the news, citing sources familiar with the deal. cnbc.com - 2 weeks ago
GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, Nikkei reports Taiwan's major chipmaker United Microelectronics and U.S.-based GlobalFoundries are exploring the possibility of a merger, the Nikkei reported on Monday, citing an assessment plan seen by the newspaper. reuters.com - 2 weeks ago
United Microelectronics: Geopolitical Risks Now Outweigh Rewards Geopolitical risks have increased significantly, especially with the U.S. becoming a less reliable ally under President Donald Trump's increasingly isolationist policies. UMC's exposure to AI demand remains, but the market's enthusiasm has cooled, reducing potential upside catalysts. Despite strong fundamentals like a solid dividend yield and a low price to tangible book value ratio, the stock's price support has weakened since the American election in November. seekingalpha.com - 1 month ago
UMC Reports Sales for February 2025 TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of February 2025. Revenues for February 2025 Period 2025 2024 Y/Y Change Y/Y (%) February 18,193,515 17,451,268 742,247 4.25% Jan.-Feb. 38,000,310 36,464,965 1,535,345 4.21% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages (**) All figures are consolidated Additional information about UMC is available on the web at. businesswire.com - 1 month ago
Medera's Novoheart Expands Human Cardiac Research with CTScreen™ Installation at University Medical Center, Utrecht Cutting-Edge Cardiac Research: Novoheart's CTScreen™ system has been installed at UMC Utrecht, equipping Regenerative Medicine Center with advanced high-throughput tools to accelerate human cardiac disease modeling and therapeutic screening, including both drug candidates and gene editing approaches Driving Innovation: This installation paves the way for future co-development projects with UMC Utrecht, advancing human-based research and cardiac regenerative technologies BOSTON and UTRECHT, Netherlands, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Medera Inc. (“Medera”), a clinical-stage biopharmaceutical company focused on targeting difficult-to-treat or currently incurable diseases with significant unmet needs, and Novoheart, its wholly owned pre-clinical subsidiary pioneering human-based cardiac tissue engineering for disease modelling and drug screening, are pleased to announce the installation of their state-of-the-art CTScreen™ platform at the University Medical Center Utrecht (UMC Utrecht). This milestone equips the Regenerative Medicine Center Utrecht with a leading-edge system to model human cardiac diseases, develop therapies, and transform preclinical cardiac research. globenewswire.com - 2 months ago
UMC Reports Sales for January 2025 TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of January 2025. Revenues for January 2025 Period 2025 2024 Y/Y Change Y/Y (%) January 19,806,795 19,013,697 793,098 4.17% Jan.-Jan. 19,806,795 19,013,697 793,098 4.17% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages (**) All figures are consolidated Additional information about UMC is available on the web at http. businesswire.com - 2 months ago
Investing In United Microelectronics' Wandering Finances United Microelectronics stock fell 5% after Citibank downgraded it from buy to sell, citing gross margin weakness and competitive pressures. The company reported lower-than-expected earnings for Q4, driven by lower gross margins and non-operating income expenses. Despite challenges, UMC maintains a strong cash position and plans to continue a strong dividend policy. seekingalpha.com - 2 months ago
United Microelectronics: Growth Opportunities On Volume Recovery, But Pricing Remains A Risk UMC's Q4'24 results were modestly disappointing, with a small operating miss driven by gross margin pressures, and 2025 guidance that was better than bears feared, but not thesis-changing. Demand should recover in 2025 as inventories have been run down across multiple markets (auto, consumer, industrial, wireless, et al), but pricing remains a risk. UMC's advanced packaging capabilities are a solid positive driver, as is the possibility of increased protectionism driving more volumes to their non-Chinese fabs. seekingalpha.com - 2 months ago
United Microelectronics Corporation (UMC) Q4 2024 Earnings Call Transcript United Microelectronics Corporation (NYSE:UMC ) Q4 2024 Earnings Conference Call January 21, 2025 4:00 AM ET Company Participants Michael Lin - Head of Investor Relations Jason Wang - President Chitung Liu - Chief Financial Officer Conference Call Participants Sunny Lin - UBS Gokul Hariharan - JPMorgan Brad Lin - Bank of America Merrill Lynch Charlie Chan - Morgan Stanley Bruce Lu - Goldman Sachs Jason Zhang - CLSA Operator Welcome everyone to UMC's 2024 Fourth Quarter Earnings Conference Call. All lines have been placed on mute to prevent background noise. seekingalpha.com - 2 months ago
UMC Reports Fourth Quarter 2024 Results TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC” or “The Company”), a leading global semiconductor foundry, today announced its consolidated operating results for the fourth quarter of 2024. Fourth quarter consolidated revenue was NT$60.39 billion, decreasing 0.2% from NT$60.49 billion in 3Q24. Compared to a year ago, 4Q24 revenue increased 9.9%. Consolidated gross margin for 4Q24 was 30.4%. Net income attributable to the shareholders of the pa. businesswire.com - 2 months ago
5 Stocks Under $10 With Ultra-High-Yield Dividends and Huge Upside Potential While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. 247wallst.com - 2 months ago
8. Profile Summary

United Microelectronics Corporation UMC

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COUNTRY TW
INDUSTRY Semiconductors
MARKET CAP $ 15.4 B
Dividend Yield 5.62%
Description 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 Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
Contact Hsinchu Science Park, Hsinchu City, 30078 https://www.umc.com
IPO Date Sept. 19, 2000
Employees 20000
Officers Mr. Oliver Chang Senior Vice President Mr. Ming Hsu Executive Vice President Dr. Lucas S. Chang Ph.D. Senior Vice President & General Counsel Mr. Jason S. Wang Co-President & Representative Director Mr. Chi-Tung Liu Chief Financial Officer, Senior Vice President, Head of Corporate Governance & Company Secretary TS Wu Vice President & Chief Information Security Officer Mr. Shan-Chieh Chien Co-President & Representative Director Mr. Eric Chen Vice President & Chief Human Resources Officer Mr. Jinhong Lin Head of Investor Relations Mr. Jia Cong Hung Chairman & Chief Strategy Officer