Company Valuation: United Microelectronics Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 810,366 508,943 659,069 540,739 618,347 1,448,306 - -
Change - -37.2% 29.5% -17.95% 14.35% 134.22% - -
Enterprise Value (EV) 1 756,830 387,788 606,167 516,566 586,032 1,359,914 1,340,400 1,316,200
Change - -48.76% 56.31% -14.78% 13.45% 132.05% -1.43% -1.81%
P/E 14.2x 5.74x 10.7x 11.3x 14.7x 15.7x 16.3x 13.5x
PBR 2.83x 1.49x 1.81x 1.42x 1.62x 3.29x 2.96x 2.65x
PEG - 0.1x -0.4x -0.5x -1.2x 0x -4.07x 0.6x
Capitalization / Revenue 3.8x 1.83x 2.96x 2.33x 2.6x 5.15x 4.18x 3.6x
EV / Revenue 3.55x 1.39x 2.72x 2.22x 2.47x 4.84x 3.87x 3.27x
EV / EBITDA 7.66x 2.61x 6.16x 5.18x 5.68x 10.6x 7.93x 6.49x
EV / EBIT 14.6x 3.72x 10.5x 10x 13.3x 21.2x 13.9x 10.9x
EV / FCF 17.9x 5.9x -111x 97x 11.2x 26.1x 19.4x 13.3x
FCF Yield 5.59% 17% -0.9% 1.03% 8.89% 3.82% 5.17% 7.5%
Dividend per Share 2 3 3.6 3 2.85 2.6 3.682 4.939 5.637
Rate of return 4.62% 8.85% 5.7% 6.62% 5.28% 3.19% 4.28% 4.88%
EPS 2 4.57 7.09 4.93 3.8 3.34 7.371 7.076 8.584
Distribution rate 65.6% 50.8% 60.9% 75% 77.8% 50% 69.8% 65.7%
Net sales 1 213,011 278,705 222,533 232,303 237,553 281,228 346,617 402,635
EBITDA 1 98,761 148,462 98,375 99,781 103,208 128,669 169,027 202,674
EBIT 1 51,686 104,292 57,891 51,613 43,949 64,047 96,203 121,092
Net income 1 55,780 87,198 60,990 47,211 41,716 91,932 87,227 107,591
Net Debt 1 -53,536 -121,155 -52,902 -24,173 -32,315 -88,392 -107,906 -132,106
Reference price 2 65.00 40.70 52.60 43.05 49.25 115.50 115.50 115.50
Nbr of stocks (in thousands) 12,467,169 12,504,749 12,529,822 12,560,716 12,555,278 12,539,449 - -
Announcement Date 25/1/22 16/1/23 31/1/24 21/1/25 28/1/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.67x4.84x10.57x3.19% 44.44B
21.37x12.19x18.38x0.35% 5,159B
21.88x10.72x14.49x1.12% 1,922B
37.24x15.77x23.16x0.75% 1,647B
5.4x3.33x3.71x0.07% 1,057B
98.54x17.9x67.9x-.--% 925B
4.16x2.66x3.21x1.86% 829B
-40.14x7.98x22.29x-.--% 484B
34.54x12.96x23.61x1.84% 286B
Average 22.07x 9.82x 20.81x 1.02% 1,373B
Weighted average by Cap. 24.69x 11.30x 20.09x 0.61%

Y-o-Y evolution of P/E

Valuation ratios - P/E - United Microelectronics Corporation

Historical PBR trend

Valuation ratios - PBR - United Microelectronics Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - United Microelectronics Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - United Microelectronics Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - United Microelectronics Corporation
  1. Stock Market
  2. Stocks
  3. 2303 Stock
  4. Valuation United Microelectronics Corporation