United Microelectronics Stock Return On Equity
| UMC Stock | USD 7.70 0.10 1.32% |
United Microelectronics fundamentals help investors to digest information that contributes to United Microelectronics' financial success or failures. It also enables traders to predict the movement of United Stock. The fundamental analysis module provides a way to measure United Microelectronics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to United Microelectronics stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.17 | 0.18 |
United | Return On Equity |
United Microelectronics Company Return On Equity Analysis
United Microelectronics' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current United Microelectronics Return On Equity | 0.18 |
Most of United Microelectronics' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, United Microelectronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
United Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for United Microelectronics is extremely important. It helps to project a fair market value of United Stock properly, considering its historical fundamentals such as Return On Equity. Since United Microelectronics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of United Microelectronics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of United Microelectronics' interrelated accounts and indicators.
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United Return On Equity Historical Pattern
Today, most investors in United Microelectronics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various United Microelectronics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of United Microelectronics return on equity as a starting point in their analysis.
United Microelectronics Return On Equity |
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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United Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, United Microelectronics has a Return On Equity of 0.1768. This is 101.47% lower than that of the Semiconductors & Semiconductor Equipment sector and 90.07% lower than that of the Information Technology industry. The return on equity for all United States stocks is 157.03% lower than that of the firm.
United Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses United Microelectronics' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of United Microelectronics could also be used in its relative valuation, which is a method of valuing United Microelectronics by comparing valuation metrics of similar companies.United Microelectronics is currently under evaluation in return on equity category among related companies.
United Microelectronics Current Valuation Drivers
We derive many important indicators used in calculating different scores of United Microelectronics from analyzing United Microelectronics' financial statements. These drivers represent accounts that assess United Microelectronics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of United Microelectronics' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 944.7B | 2.9T | 4.0T | 2.5T | 3.2T | 3.4T | |
| Enterprise Value | 915.1B | 2.8T | 3.9T | 2.3T | 3.2T | 3.3T |
United Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.066 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 30.85 B | ||||
| Shares Outstanding | 2.51 B | ||||
| Shares Owned By Institutions | 5.37 % | ||||
| Number Of Shares Shorted | 62.19 M | ||||
| Price To Earning | 13.43 X | ||||
| Price To Book | 1.79 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 222.53 B | ||||
| Gross Profit | 125.76 B | ||||
| EBITDA | 94.17 B | ||||
| Net Income | 60.99 B | ||||
| Cash And Equivalents | 131.39 B | ||||
| Cash Per Share | 76.31 X | ||||
| Total Debt | 80.17 B | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 2.02 X | ||||
| Book Value Per Share | 28.67 X | ||||
| Cash Flow From Operations | 86 B | ||||
| Short Ratio | 7.90 X | ||||
| Earnings Per Share | 0.74 X | ||||
| Price To Earnings To Growth | 1.20 X | ||||
| Target Price | 7.67 | ||||
| Number Of Employees | 20 K | ||||
| Beta | 1.18 | ||||
| Market Capitalization | 19.04 B | ||||
| Total Asset | 559.19 B | ||||
| Retained Earnings | 187.25 B | ||||
| Working Capital | 143.81 B | ||||
| Current Asset | 94.82 B | ||||
| Current Liabilities | 49.49 B | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 3.85 % | ||||
| Net Asset | 559.19 B | ||||
| Last Dividend Paid | 3.0 |
About United Microelectronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze United Microelectronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Microelectronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Microelectronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether United Microelectronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Microelectronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Microelectronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Microelectronics Stock:Check out United Microelectronics Piotroski F Score and United Microelectronics Altman Z Score analysis. For information on how to trade United Stock refer to our How to Trade United Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for United Stock analysis
When running United Microelectronics' price analysis, check to measure United Microelectronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Microelectronics is operating at the current time. Most of United Microelectronics' value examination focuses on studying past and present price action to predict the probability of United Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Microelectronics' price. Additionally, you may evaluate how the addition of United Microelectronics to your portfolios can decrease your overall portfolio volatility.
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Is United Microelectronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Microelectronics. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Microelectronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 3 | Earnings Share 0.74 | Revenue Per Share 89.94 | Quarterly Revenue Growth (0.19) |
The market value of United Microelectronics is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.