United Microelectronics EBITDA vs. Return On Asset

UMC Stock  USD 6.85  0.08  1.18%   
Based on United Microelectronics' profitability indicators, United Microelectronics' profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess United Microelectronics' ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
94.2 B
Current Value
59.1 B
Quarterly Volatility
35.4 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, United Microelectronics' Days Sales Outstanding is projected to slightly decrease based on the last few years of reporting. The current year's EV To Sales is expected to grow to 2.77, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.03. At present, United Microelectronics' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 67.2 B, whereas Total Other Income Expense Net is forecasted to decline to about 4 B.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.180.3359
Way Down
Slightly volatile
Net Profit Margin0.140.2682
Way Down
Pretty Stable
Operating Profit Margin0.270.2601
Sufficiently Up
Slightly volatile
Pretax Profit Margin0.150.2876
Way Down
Slightly volatile
Return On Assets0.110.1067
Fairly Up
Slightly volatile
Return On Equity0.170.1662
Fairly Up
Slightly volatile
For United Microelectronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of United Microelectronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well United Microelectronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between United Microelectronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of United Microelectronics over time as well as its relative position and ranking within its peers.
  
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Is Semiconductors & Semiconductor Equipment space 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
(0.09)
Dividend Share
3
Earnings Share
0.63
Revenue Per Share
93.08
Quarterly Revenue Growth
0.06
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.

United Microelectronics Return On Asset vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining United Microelectronics's current stock value. Our valuation model uses many indicators to compare United Microelectronics value to that of its competitors to determine the firm's financial worth.
United Microelectronics is rated second in ebitda category among its peers. It is rated second in return on asset category among its peers . The ratio of EBITDA to Return On Asset for United Microelectronics is about  1,626,354,127,807 . At present, United Microelectronics' EBITDA is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the United Microelectronics' earnings, one of the primary drivers of an investment's value.

United Return On Asset vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

United Microelectronics

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
94.17 B
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

United Microelectronics

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0579
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

United Return On Asset Comparison

United Microelectronics is currently under evaluation in return on asset category among its peers.

United Microelectronics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in United Microelectronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, United Microelectronics will eventually generate negative long term returns. The profitability progress is the general direction of United Microelectronics' change in net profit over the period of time. It can combine multiple indicators of United Microelectronics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income3.6 B6.8 B
Operating Income57.9 B60.8 B
Income Before Tax64 B67.2 B
Total Other Income Expense Net6.1 BB
Net Income59.7 B62.7 B
Income Tax Expense8.3 B8.7 B
Net Income Applicable To Common Shares100.3 B105.3 B
Net Income From Continuing Ops69.6 B73.1 B
Interest Income4.6 B4.2 B
Net Interest IncomeB3.1 B
Change To Netincome16.9 B17.8 B
Net Income Per Share 4.82  5.07 
Income Quality 1.41  1.34 
Net Income Per E B T 0.93  0.90 

United Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on United Microelectronics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of United Microelectronics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the United Microelectronics' important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in United Microelectronics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your United Microelectronics position

In addition to having United Microelectronics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Financials
Financials Theme
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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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:
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To fully project United Microelectronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of United Microelectronics at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include United Microelectronics' income statement, its balance sheet, and the statement of cash flows.
Potential United Microelectronics investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although United Microelectronics investors may work on each financial statement separately, they are all related. The changes in United Microelectronics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on United Microelectronics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.