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.
infoUnited Microelectronics is a large cap stock with a total market cap of 17.15B.
infoThey trade on the NYSE and had their IPO 22 years and 11 months ago.
infoUnited Microelectronics currently employs 20000 people.
infoAs of Wednesday, Aug 23 2023, United Microelectronics’s share price is $6.86.
News Relating to United Microelectronics
InvestorPlace
7 Cheap Tech Stocks That Smart Investors Will Snap Up Now
Wednesday Aug 02 2023 at 08:09
The growth portion of the market is on fire right now. From mega-cap tech stocks on down through more speculative names in fields such as AI, electric vehicles, and space technologies, investors are taking shots at potential big winners.
InvestorPlace
3 Tech Stocks You Better Be Buying on Each and Every Dip
Wednesday Jul 26 2023 at 23:46
Tech giants such as Apple (NASDAQ: AAPL ), Microsoft (NASDAQ: MSFT ), and Alphabet (NASDAQ: GOOGL ) command significant influence in the market, driving fierce competition and sparking relentless innovation. However, their dominance presents challenges for emerging companies striving to differentiate themselves.
InvestorPlace
7 Bargain Stocks to Snatch Up Before They Bounce Back in the Second Half
Tuesday Jul 25 2023 at 17:02
Although the Covid-19 pandemic naturally sparked concerns about social unrest and economic instability, the equities market overall has been incredibly resilient, thus seemingly negating the concept of bargain stocks to buy. If you wanted to get your discount, you had to sign up during the spring doldrums of 2020.
MarketBeat
3 Large Semiconductor Makers Offering Dividends & Price Growth
Friday Jul 07 2023 at 08:26
Investors seeking dividends may overlook semiconductors, but some companies from the industry, including Broadcom Inc. NASDAQ: AVGO, NXP Semiconductors N.V. NASDAQ: NXPI and United Microelectronics Corp. NYSE: UMC are showing strong price growth and also pay dividends.
Seeking Alpha
United Microelectronics: Solid Upside Despite Sales Slide (Intrinsic Valuation)
Friday Jul 07 2023 at 05:30
In this article, I aim to conduct an intrinsic valuation on UMC’s stock to see if the recent dip in sales has affected its long-term upside. UMC’s profit is expected to face temporary pressure during the current semiconductor downcycle, with recovery anticipated from 2024. UMC is shifting its strategy towards increasing sales to the automotive market, driven by electrification, autonomous driving, and improved connectivity.
Seeking Alpha
V&M Breakouts: Top Long-Term Growth And Dividend Stocks For May 2023
Monday May 01 2023 at 16:51
The May 2022 total return portfolio for 1-year is up +17.09%, and the May 2021 2-year portfolio is up 21.33%, not adjusted for greater than 2%+ dividends. The first May 2020 portfolio had +66.98% 2-year returns.
Zacks Investment Research
UMC or AMD: Which Is the Better Value Stock Right Now?
Friday Apr 28 2023 at 12:56
Investors interested in Electronics – Semiconductors stocks are likely familiar with United Microelectronics Corporation (UMC) and Advanced Micro Devices (AMD). But which of these two stocks offers value investors a better bang for their buck right now?
Seeking Alpha
United Microelectronics Corp (UMC) Q1 2023 Earnings Call Transcript
Wednesday Apr 26 2023 at 09:17
United Microelectronics Corp (UMC) Q1 2023 Earnings Call Transcript.
Reuters
Taiwan chipmaker UMC says some happy to use China capacity others shun
Wednesday Apr 26 2023 at 07:12
A shift away from made-in-China chips amid Sino-U.S. tensions has opened up capacity that some customers are happy to use, Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday.
Seeking Alpha
United Microelectronics Corporation: A Solid Long-Term Choice
Friday Apr 21 2023 at 18:49
United Microelectronics Corporation: A Solid Long-Term Choice.
Zacks Investment Research
What’s in Store for United Microelectronics (UMC) Q1 Earnings?
Friday Apr 21 2023 at 14:26
United Microelectronics (UMC) first-quarter results are likely to reflect benefits from an expanded 22/28 nanometer portfolio.
Zacks Investment Research
UMC vs. AMD: Which Stock Is the Better Value Option?
Thursday Mar 30 2023 at 12:56
UMC vs. AMD: Which Stock Is the Better Value Option?
The Motley Fool
These 3 Dividend Payers Are Outpacing the S&P 500
Friday Mar 24 2023 at 09:30
Consumers are spending record-breaking amounts at U.S. restaurants — and that’s great for Darden. It’s not the best-known name among semiconductor stocks, but United Microelectronics looks solid.
MarketBeat
Price Growth & Yield: For That Magical Combo, Leave the U.S.
Tuesday Mar 21 2023 at 12:01
It’s not often you find one stock with sustained price growth and solid dividend yield, but three foreign stocks, Takeda Pharmaceutical Co., Ltd. (NYSE: TAK), United Microelectronics Corp. (NYSE: UMC) and Coca-Cola FEMSA SAB de CV (NYSE: KOF) are showing that magical combination.
InvestorPlace
7 Long-Term Stocks That Will Reward Patient Investors
Wednesday Mar 15 2023 at 11:55
While it’s difficult to consider bidding up enterprises in the equities sector during this troubled period, long-term stocks to buy may eventually yield significant rewards for patient investors. True, the banking sector implosions don’t do much for confidence.
Zacks Investment Research
UMC or GFS: Which Is the Better Value Stock Right Now?
Tuesday Mar 14 2023 at 12:58
UMC vs. GFS: Which Stock Is the Better Value Option?
Zacks Investment Research
Should Value Investors Buy United Microelectronics (UMC) Stock?
Tuesday Mar 07 2023 at 11:17
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.
InvestorPlace
7 Blue-Chip Stocks to Buy for Quality-Focused Investors
Monday Mar 06 2023 at 16:17
When the game’s on the line, sometimes you need to call up your most experienced players, which segues into this discussion of blue-chip stocks to buy. Any sports fan realizes that age comes for every athlete, including the great Tom Brady.
MarketBeat
3 High-Yield Dividend Stocks That Are Probably Not On Your Radar
Thursday Mar 02 2023 at 06:00
A high dividend yield can be an attractive feature, as it’s a way of gauging a stock’s dividend payout relative to its price. Some of the highest yields can be found in oil-and-gas master limited partnerships and tanker companies, but you can also get high yields from many other sectors and industries.
GuruFocus
United Microelectronics: Value, Growth and Dividends Galore
Wednesday Feb 15 2023 at 13:06
United Microelectronics Corp. ( UMC , Financial)( TPE:2303 , Financial) is the third largest chip foundry in the world behind Taiwan Semiconductor ( TPE:2330 , Financial) and Samsung ( XKRX:005930 , Financial). However, while Taiwan Semiconductor has a market capitalization north of $500 billion and Samsung is valued close to $350 billion (when translated to U.S. dollars), United Microelectronics is priced at just $21 billion.
InvestorPlace
The 3 Most Undervalued Growth Stocks for Your February Buy List
Monday Feb 06 2023 at 06:15
Undervalued growth stocks are often overlooked by investors, they can offer significant potential for capital appreciation. One way to identify undervalued growth stocks is to look for companies with high revenue and earnings growth, but low price-to-earnings (P/E) ratios.
MarketBeat
Low-Priced Stocks Still Paying Dividends
Wednesday Jan 25 2023 at 07:01
The quarterly dividend is a surefire way to get quick returns on your stock portfolio, but they are not always easy to find. Escalating interest rates coupled with seemingly unfettered inflation can certainly complicate things.
Seeking Alpha
United Microelectronics Corporation (UMC) Q4 2022 Earnings Call Transcript
Monday Jan 16 2023 at 13:31
United Microelectronics Corporation (NYSE:UMC ) Q4 2022 Results Conference Call January 16, 2023 4:00 AM ET Company Participants Michael Lin – Head, IR Jason Wang – President Chi-Tung Liu – CFO Conference Call Participants Randy Abrams – Credit Suisse Gokul Hariharan – JP Morgan Charlie Chan – Morgan Stanley Szeho Ng – China Renaissance Sunny Lin – UBS Laura Chen – Citigroup Bruce Lu – Goldman Sachs Operator Welcome everyone to UMC’s 2022 Fourth Quarter Earnings Conference Call. All lines have been placed on mute to prevent background noise.
Reuters
Taiwan chipmaker UMC imposes strict cost controls over weak demand
Monday Jan 16 2023 at 05:04
Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of soft demand and a weak outlook, in a further sign of pain facing the tech industry.
The Motley Fool
Could United Microelectronics Become the Next TSMC?
Sunday Jan 15 2023 at 08:10
Investors shouldn’t ignore Taiwan’s second-largest contract chipmaker.
Seeking Alpha
Avoid TSMC In Favor Of United Microelectronics Due To The Elevated Threat Level
Thursday Jan 12 2023 at 11:28
This thesis assesses the risks to Taiwan’s two main chip contract manufacturers by focusing on the location and impacts on their fabs in case of military action. First, U.S. sanctions restricting chip exports to China not only reduce China’s ability to modernize its army but also reduce the competitiveness of its AI industry, which increases the probability of confrontation.
InvestorPlace
The 7 Best Bargain Stocks to Buy in January 2023
Wednesday Jan 11 2023 at 18:12
Following a rough outing in 2022, investors seeking to make up for lost time may want to consider the best bargain stocks to buy in Jan. To be sure, plenty of headwinds exist, including historically high inflation and concerns about monetary policy. That said, it’s doubtful that every single enterprise will fail.
GuruFocus
United Microelectronics Falls Despite Rising Earnings
Wednesday Jan 11 2023 at 11:20
The market moves in mysterious ways, and sometimes, it seems to go against all logic. Witness the case of United Microelectronics Corporation ( UMC , Financial), which has steadily grown its earnings per share without non-recurring items while the share price took a dive.
InvestorPlace
7 Short-Term Stocks to Make a Move on Now
Tuesday Dec 20 2022 at 15:39
While most investors should probably steer clear of day trading as the activity could lead to certain legal ramifications, some folks may need to seek short-term stocks for quick gains. In that case, market participants should focus on names that stand poised for big moves.
InvestorPlace
7 Millionaire-Maker Tech Stocks You Will Regret Not Buying This Year
Saturday Nov 19 2022 at 14:47
Although several methods exist to make you rich, few other segments offer ease of access and upside potential than millionaire-maker tech stocks. Tied to some of the most innovative firms in the business ecosystem, these securities might fly higher once broader conditions normalize.
United Microelectronics Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
United Microelectronics’s Altman Z-score is 2.69 which is in the gray zone. This indicates a level of ambiguity where further analyses are needed to evaluate the company’s financial stability accurately.
Derived from SEC.GOV filing dataopen_in_new
United Microelectronics Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, there has been no insider trading in United Microelectronics.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
United Microelectronics’s Income Quality of 1.71 is greater than its Industry Group of 0.78 (119.2% greater)
United Microelectronics’s Income Quality of 1.71 is greater than its Major Industry Group of 0.7 (144.3% greater)
United Microelectronics’s Income Quality of 1.71 is greater than its Sector of 0.75 (128.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
Learn more at Investopediaopen_in_new
United Microelectronics’s Current Ratio of 2.29 is lower than its Industry Group of 2.55 (-10.2% lower)
United Microelectronics’s Current Ratio of 2.29 is in line with its Major Industry Group of 2.37 (-3.4% lower)
United Microelectronics’s Current Ratio of 2.29 is lower than its Sector of 2.6 (-11.9% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
United Microelectronics’s PE Ratio of 6.53 is in line with its Industry Group of 7.02 (-7.0% lower)
Cannot compare a negative PE Ratio (6.53 & -0.02)
Cannot compare a negative PE Ratio (6.53 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
United Microelectronics’s PB Ratio of 1.54 is lower than its Industry Group of 2.45 (-37.1% lower)
United Microelectronics’s PB Ratio of 1.54 is lower than its Major Industry Group of 1.76 (-12.5% lower)
United Microelectronics’s PB Ratio of 1.54 is in line with its Sector of 1.62 (-4.9% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
United Microelectronics’s ROE of 0.24 is greater than its Industry Group of 0.04 (500.0% greater)
United Microelectronics’s ROE of 0.24 is greater than its Major Industry Group of -0.01 (2500.0% greater)
United Microelectronics’s ROE of 0.24 is greater than its Sector of -0.03 (900.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
United Microelectronics’s ROCE of 0.22 is greater than its Industry Group of 0.05 (340.0% greater)
Cannot compute a percentage difference when there are zeros in the calculation
United Microelectronics’s ROCE of 0.22 is greater than its Sector of -0.04 (650.0% greater)
Derived from SEC.GOV filing dataopen_in_new