United Microelectronics Corp
TWSE:2303

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United Microelectronics Corp Logo
United Microelectronics Corp
TWSE:2303
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Price: 44.2 TWD 0.8% Market Closed
Market Cap: 555B TWD
Section:
 

Relative Value

The Relative Value of one United Microelectronics Corp stock under the Base Case scenario is 57.33 TWD. Compared to the current market price of 44.2 TWD, United Microelectronics Corp is Undervalued by 23%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
57.33 TWD
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.4
P/S
P/S
Price to Sales
2.4
vs History
68
vs Industry
49
Median 3Y
2.4
Median 5Y
2.5
Industry
3.3
Forward
2.3
More Details
13.8
P/E
P/E
Price to Earnings
13.8
vs History
26
vs Industry
49
Median 3Y
10.8
Median 5Y
11.7
Industry
29.9
Forward
13.8
More Details
5.6
P/OCF
P/OCF
Price to OCF
5.6
vs History
63
vs Industry
57
Median 3Y
5.8
Median 5Y
5.9
Industry
18.6
More Details
14.3
P/FCFE
P/FCFE
Price to FCFE
14.3
vs History
50
vs Industry
0
Median 3Y
14.4
Median 5Y
14.4
Industry
25.3
More Details
1.5
P/B
P/B
Price to Book Value
1.5
vs History
80
vs Industry
60
Median 3Y
1.7
Median 5Y
1.8
Industry
2.6
More Details
2.2
EV/S
EV/S
Enterprise Value to Sales
2.2
vs History
57
vs Industry
50
Median 3Y
2.2
Median 5Y
2.2
Industry
3.5
Forward
2.1
More Details
7.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
7.5
vs History
39
vs Industry
54
Median 3Y
6.7
Median 5Y
7
Industry
11.7
More Details
5.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
5.1
vs History
50
vs Industry
55
Median 3Y
5
Median 5Y
5.1
Industry
17.9
Forward
4.9
More Details
11.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
11.7
vs History
30
vs Industry
46
Median 3Y
9.6
Median 5Y
10.3
Industry
24.5
Forward
11.7
More Details
5.1
EV/OCF
EV/OCF
Enterprise Value to OCF
5.1
vs History
55
vs Industry
54
Median 3Y
5.2
Median 5Y
5.3
Industry
18.3
More Details
11.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
11.2
vs History
50
vs Industry
3
Median 3Y
7.7
Median 5Y
11.4
Industry
24.2
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
71
vs Industry
60
Median 3Y
1.3
Median 5Y
1.3
Industry
2.2
More Details

Multiples Across Competitors

Competitors Multiples
United Microelectronics Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
United Microelectronics Corp
TWSE:2303
555B TWD 2.4 13.8 5.1 11.7
US
NVIDIA Corp
NASDAQ:NVDA
4.4T USD 26.6 50.8 44.4 45.4
US
Broadcom Inc
NASDAQ:AVGO
1.6T USD 26.5 83.8 50.9 70.7
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
36.4T TWD 10 23 13.9 19.2
US
Advanced Micro Devices Inc
NASDAQ:AMD
376B USD 11.5 111 63.8 131.9
KR
SK Hynix Inc
KRX:000660
393.5T KRW 5.1 13.6 8.8 12.4
US
Micron Technology Inc
NASDAQ:MU
263.1B USD 6.9 30.3 14.6 27
US
Qualcomm Inc
NASDAQ:QCOM
175.4B USD 3.9 31.4 12.9 14.5
US
Intel Corp
NASDAQ:INTC
161.4B USD 3 814.8 15.5 -1 677.9
UK
Arm Holdings PLC
NASDAQ:ARM
144.5B USD 32.5 172.8 131.6 163.8
US
Texas Instruments Inc
NASDAQ:TXN
140.8B USD 8.1 28 18.9 24.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
United Microelectronics Corp
TWSE:2303
Average EV/EBIT: 52.2
11.7
2%
5.9
US
NVIDIA Corp
NASDAQ:NVDA
45.4
42%
1.1
US
Broadcom Inc
NASDAQ:AVGO
70.7
66%
1.1
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
19.2
22%
0.9
US
Advanced Micro Devices Inc
NASDAQ:AMD
131.9
91%
1.4
KR
SK Hynix Inc
KRX:000660
12.4
27%
0.5
US
Micron Technology Inc
NASDAQ:MU
27
39%
0.7
US
Qualcomm Inc
NASDAQ:QCOM
14.5
7%
2.1
US
Intel Corp
NASDAQ:INTC
Negative Multiple: -1 677.9 N/A N/A
UK
Arm Holdings PLC
NASDAQ:ARM
163.8
62%
2.6
US
Texas Instruments Inc
NASDAQ:TXN
24.8
17%
1.5

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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