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Technology - Semiconductors - NYSE - TW
$ 6.78
-1.45 %
$ 17 B
Market Cap
10.43
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one UMC stock under the base case scenario is HIDDEN Compared to the current market price of 6.78 USD, United Microelectronics Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart UMC

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FINANCIALS
223 B REVENUE
-20.15%
57.9 B OPERATING INCOME
-44.49%
59.7 B NET INCOME
-43.74%
86 B OPERATING CASH FLOW
-41.04%
-97.8 B INVESTING CASH FLOW
-79.66%
-29.1 B FINANCING CASH FLOW
49.20%
56.8 B REVENUE
3.97%
13.9 B OPERATING INCOME
24.57%
13.8 B NET INCOME
31.85%
22.8 B OPERATING CASH FLOW
7.26%
-15.1 B INVESTING CASH FLOW
49.42%
-5.71 B FINANCING CASH FLOW
11.39%
Balance Sheet Decomposition United Microelectronics Corporation
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Current Assets 217 B
Cash & Short-Term Investments 145 B
Receivables 33.2 B
Other Current Assets 38.8 B
Non-Current Assets 343 B
Long-Term Investments 74.3 B
PP&E 246 B
Other Non-Current Assets 22.9 B
Current Liabilities 99 B
Accounts Payable 7.53 B
Short-Term Debt 14 B
Other Current Liabilities 77.4 B
Non-Current Liabilities 98.8 B
Long-Term Debt 50.1 B
Other Non-Current Liabilities 48.6 B
EFFICIENCY
Earnings Waterfall United Microelectronics Corporation
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Revenue 223 B
Cost Of Revenue 148 B
Gross Profit 74.8 B
Operating Expenses 19.9 B
Operating Income 57.9 B
Other Expenses -1.8 B
Net Income 59.7 B
RATIOS
33.59% GROSS MARGIN
33.59%
26.01% OPERATING MARGIN
26.01%
26.82% NET MARGIN
26.82%
16.62% ROE
16.62%
10.92% ROA
10.92%
12.05% ROIC
12.05%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis United Microelectronics Corporation
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Net Income 59.7 B
Depreciation & Amortization 40.5 B
Capital Expenditures -94 B
Stock-Based Compensation 1.03 B
Change in Working Capital -2.44 B
Others -15.2 B
Free Cash Flow -8.02 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 $8.66 , with forecasts ranging from a low of $7.4 to a high of $9.93 .
UMC Lowest Price Target Wall Street Target
7.4 USD 9.14%
UMC Average Price Target Wall Street Target
8.66 USD 27.80%
UMC Highest Price Target Wall Street Target
9.93 USD 46.46%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.464 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership United Microelectronics Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
UMC Reports Sales for October 2024 TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”) today reported unaudited net sales for the month of October 2024. Revenues for October 2024 Period 2024 2023 Y/Y Change Y/Y (%) October 21,371,110 19,191,382 2,179,728 11.36% Jan.-Oct. 193,287,584 186,766,104 6,521,480 3.49% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on the web. businesswire.com - 1 week ago
United Microelectronics Corporation (UMC) Q4 2024 Earnings Conference Call Transcript United Microelectronics Corporation (NYSE:UMC ) Q4 2024 Earnings Conference Call October 30, 2024 5:00 AM ET Company Participants Michael Lin - Head of IR Chi-Tung Liu - CFO Jason Wang - President Conference Call Participants Sunny Lin - UBS Gokul Hariharan - J.P. Morgan Laura Chen - Citi Charlie Chan - Morgan Stanley. seekingalpha.com - 2 weeks ago
UMC Reports Third 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 third quarter of 2024. Third quarter consolidated revenue was NT$60.49 billion, increasing 6.5% from NT$56.80 billion in 2Q24. Compared to a year ago, 3Q24 revenue increased 6.0%. Consolidated gross margin for 3Q24 was 33.8%. Net income attributable to the shareholders of the pare. businesswire.com - 2 weeks ago
Best Value Stocks to Buy for October 29th UMC, RUSHA and CURV made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 29, 2024. zacks.com - 2 weeks ago
Best Income Stocks to Buy for October 29th SWDBY, UMC and CMA made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 29, 2024. zacks.com - 2 weeks ago
United Microelectronics (UMC) Upgraded to Strong Buy: What Does It Mean for the Stock? United Microelectronics (UMC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). zacks.com - 3 weeks ago
Down -9.13% in 4 Weeks, Here's Why You Should You Buy the Dip in United Microelectronics (UMC) United Microelectronics (UMC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock. zacks.com - 3 weeks ago
Best Income Stocks to Buy for October 22nd BBVA, UMC and JXN made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 22, 2024. zacks.com - 3 weeks ago
UMC or GFS: Which Is the Better Value Stock Right Now? Investors interested in Electronics - Semiconductors stocks are likely familiar with United Microelectronics Corporation (UMC) and GlobalFoundries Inc. (GFS). But which of these two stocks offers value investors a better bang for their buck right now? zacks.com - 4 weeks ago
Best Income Stocks to Buy for October 9th CLPR, UMC and CRD.B made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 9, 2024. zacks.com - 1 month ago
UMC Reports Sales for September 2024 TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of September 2024. Revenues for September 2024 Period 2024 2023 Y/Y Change Y/Y (%) September 18,942,714 19,052,938 -110,224 -0.58% Jan.-Sep. 171,916,474 167,574,722 4,341,752 2.59% (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages. (**) All figures are consolidated Additional information about UMC is available on th. businesswire.com - 1 month ago
Should Value Investors Buy United Microelectronics (UMC) Stock? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 1 month ago
8. Profile Summary

United Microelectronics Corporation UMC

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COUNTRY TW
INDUSTRY Semiconductors
MARKET CAP $ 17 B
Dividend Yield 0.00%
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. Eric Chen Vice President & Chief Human Resources Officer Mr. Oliver Chang Senior Vice President TS Wu Vice President & Chief Information Security Officer Vic Yen Chief Internal Auditor & Division Director Mr. Jason S. Wang Co-President & Representative Director Mr. Shan-Chieh Chien Co-President & Representative Director Mr. Ming Hsu Executive Vice President Mr. Jia Cong Hung Chairman & Chief Strategy Officer Mr. Chi-Tung Liu Chief Financial Officer, Senior Vice President, Head of Corporate Governance & Company Secretary Dr. Lucas S. Chang Ph.D. Senior Vice President & General Counsel