United Microelectronics stock
UMCNYSEUnited Microelectronics Corporation, TechnologyISIN US9108734057
72Score 72 out of 100, Strong
Price and trend
51 / 100
Price history
+118% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 8.7% below it.
Since October 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 34).
The price is 44% below its 52-week high. Largest decline in 20 years: 71% (January 2007 to October 2008).
Chart figures for advanced users
- SMA 50$20.88
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$17.26
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)34
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$7.02
- The lowest closing price of the last twelve months.
- Resistance$28.02
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- United Microelectronics Corporation belongs to the Semiconductors industry (Taiwan) and, with a market value of $39.66B, is number 33 of 185 companies in its industry on MEQIRI.
- American depositary receipt (ADR): 1 ADR = 5 shares.
- In fiscal 2025 it reported revenue of $7.23B (up 2.3% year on year) and earnings of $1.23B (down 14.5%).
Show more
- MEQIRI Score 72 out of 100 (Strong): rank 195 of 857 in Technology, median 61.
- The P/E is 15.4 (Semiconductors median 38.9, own median of recent years 15.3).
- Our model puts fair value at $26.69, with the price 40% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High marginNet margin 31.9% over the last 12 months, Semiconductors median 6.6%.Profitability 79
- Below fair valuePrice 40% below the fair value of $26.69.Valuation 77
- More cash than debtCash $4.61B, financial debt $2.14B.Stability 79
Weaknesses
- Volatile share priceVolatility 68% a year over the last 12 months.
Its standout strengths are fundamentals and profitability.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 71 to 72.
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- high price swings
- price up very strongly over the past year
- price far below its 52-week high
What lowers it
- solid fundamentals
Valuation
Valuation signal
Significantly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $17.79 and expensive above $53.38 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $13.50 (cash-flow model) and $39.87 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 13%. At 14% the fair value would be $25.98, at 12% it would be $27.57.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (38.9).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 12.6% on the twelve months before. Revenue has grown solidly since 2006, at about 4% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 29%, operating 18%, net 17%. Last 12 months: net 32%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 27 Jan 2027in 76 days
- Last reported
- 28 Oct 2026below expectations
Analyst estimates
- Earnings per share
- 36.19−3.0%
- Revenue
- $8.37B−2.0%
- Earnings per share
- 35.66−2.4%
- Revenue
- $10.47B−2.2%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −7.2%UMC expects a turning point in 2027: instead of falling prices, UMC projects about a 10% year-over-year increase in blended average selling prices, plus utilization staying above 90% and continued growth.
“Looking ahead to 2027, we expect the further growth, although with utilization already above 90% and several technologies operating at or near full capacity, our shipment growth will increasingly be constrained by available manufacturing capacity.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 28 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 3 insiders sold, $16.45M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
Shares and prices per ordinary share as filed with the SEC, not per depositary receipt (1 ADR = 5 shares).
Prices filed in NT$ converted to dollars at the exchange rate of the trade date.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at United Microelectronics
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 72
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Semiconductors
The next larger and next smaller companies by market value
- Hua Hong Semiconductor688347.SS $44.03B33
- STMicroelectronicsSTM $41.95B47
- TeradyneTER $41.49B71
- Nanya Technology2408.TW $41.38B73
- Astera LabsALAB $40.36B64
- ASM InternationalASM.AS $39.51B80
- Advanced Micro-Fabrication Equipment Inc. China688012.SS $35.9B65
- Microchip TechnologyMCHP $33.81B52
ETFs that hold United Microelectronics
Held by 60 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR (C)AMEI | 4.10% | 0.25% | €2.52B |
| iShares MSCI EM SRI UCITS ETF36B5 | 3.00% | 0.25% | €486.14M |
| Amundi MSCI Emerging Markets ESG Selection UCITS ETF DR (C)SADM | 2.53% | 0.18% | €1.02B |
Show 5 more
| iShares MSCI Taiwan UCITS ETFIQQT | 1.75% | 0.74% | €1.31B |
| UBS MSCI EM Socially Responsible UCITS ETF USD accUETE | 1.39% | 0.24% | €2.81B |
| iShares Edge MSCI EM Value Factor UCITS ETF5MVL | 1.29% | 0.40% | €1.48B |
| iShares Edge MSCI EM Minimum Volatility UCITS ETFEUNZ | 1.20% | 0.40% | €428.84M |
| WisdomTree Emerging Markets Equity Income UCITS ETFWTEI | 1.06% | 0.46% | €256.08M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = NT$32.8500)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.