United Microelectronics Corporation(UMC)Fundamental Analysis & FinancialsNYSE
Valuation, growth, margins and balance sheet
Valuation Snapshot
What the multiples imply about expectations
The market considers the company to be a mid-cap company with a significant market presence. At current multiples, it trades fairly valued—reflecting market expectations.
Valuation Metrics
Ratios and multiples
Financial Health
Liquidity and leverage
The company's financial health appears excellent. High ROE and strong ROA reflect highly efficient capital use. Debt is manageable within acceptable ranges.
Valuation Multiples
Current valuation metrics
Quarterly Earnings History
Recent quarterly financial performance and trends
| Quarter | Revenue | Net Income | Gross Profit | EPS (Basic) | EPS (Diluted) | Gross Margin | Net Margin |
|---|---|---|---|---|---|---|---|
| Q2 2026(Latest) | $68.73B | $42.26B | $22.32B | $16.95 | $16.85 | 32.5% | 61.5% |
| Q1 2026 | $61.04B | $16.17B | $17.82B | $6.45 | $6.45 | 29.2% | 26.5% |
| Q4 2025 | $61.81B | $8.70B | $18.96B | N/A | N/A | 30.7% | 14.1% |
| Q3 2025 | $59.13B | $14.98B | $17.62B | $6.00 | $5.95 | 29.8% | 25.3% |
| Q2 2025 | $58.76B | $8.90B | $16.88B | $3.55 | $3.55 | 28.7% | 15.2% |
Key Insights:
- Revenue increased by 12.6% from previous quarter
- Net margin of 61.5% indicates strong profitability
- EPS improved by 161.2% quarter-over-quarter
Financial Efficiency
Utilization and collections performance
Asset Turnover 0.44 indicates low efficiency. Receivables Turnover 8.15 and DSO 44.80 reflect good collections. Working Capital Turnover 2.18 is moderately efficient. ROIC 19.9% highlights moderate capital returns.
Efficiency Metrics
Profitability & Growth
Margins and earnings power
Efficiency Performance Matrix
4-quadrant analysis of operational efficiency vs profitability
Efficiency vs Profitability Quadrants
High Margin
Low Margin
High Margin
Low Margin
Efficiency Analysis
Asset Turnover
Receivables Turnover
Working Capital
Overall Efficiency Score
Profit-focused operations with efficiency opportunities
⚠️ Thresholds are benchmark-based heuristics derived from long-term industry averages, not strict valuation rules.
• Bubble size represents ROIC magnitude
• Green (Optimal): Excellent efficiency-profitability balance
• Blue (Efficiency-Driven): High turnover, room to improve margins
• Yellow (Margin-Driven): Strong margins, opportunity to improve efficiency
• Red (Weak Operations): Areas needing improvement on both dimensions
Market Data & Share Structure
Comprehensive valuation metrics and ownership breakdown
Market Data & Capitalization
Share Statistics & Ownership
Profitability Margin Pyramid
Hierarchical view of margin compression from revenue to net income
Margin Hierarchy by Profitability Level
Margin Analysis
Total Revenue
Gross Profit
EBITDA
Net Income
Margin Quality Assessment
Excellent margin structure with strong bottom-line profitability
• Larger circles represent higher dollar amounts
• Margin percentages show profitability at each level
• Blue: Revenue base
• Green: Gross profitability
• Yellow: Operating performance
• Red: Net profitability
Operating Cash & Liquidity
Core cash generation and short-term solvency
Cash Flow Analysis
Operating Cash Flow (TTM)
$109.62B
Cash from core operations
Free Cash Flow (TTM)
$59.27B
Available after capex
Financial Position & Liquidity
Current Ratio
2.17
Healthy
Quick Ratio
1.77
Strong
Net Cash
$83.94B
Net creditor
Total Cash
$147.39B
Balance sheet cash
Total Debt
$63.45B
Outstanding borrowings
Cash Conversion Cycle
Working capital efficiency measurement
Days Sales Outstanding
44.8
days to collect payment
Days Inventory Outstanding
80.6
days to turn inventory
Cash Conversion Cycle
105.5
net days of cycle
Extended cash conversion cycle may tie up working capital.
Ownership & Shareholder Sentiment
Insider, institutional, and short interest positions
Insider Ownership
0.00%
Minimal stake
Institutional Ownership
7.45%
Modest participation
Short % of Float
1.19%
Minimal short
Short Ratio (Days)
2.5d
days to cover
Ownership structure shows limited insider stake and mixed institutional participation.
Dividends & Shareholder Returns
Policy stance and implications
The company maintains a very sustainable dividend policy with a payout ratio of N/A (FCF coverage: 9.1x). Strong cash flow coverage supporting attractive shareholder yield with ample room for sustainability.
Explore More Analysis for UMC
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Insider Activity Tracker
Track buying/selling behavior of corporate insiders.
Earnings Calendar
Track upcoming and historical corporate earnings reports.
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