United Microelectronics Return On Equity vs. Cash Per Share
| UMC Stock | USD 6.78 0.01 0.15% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.16615446 | Current Value 0.17 | Quarterly Volatility 0.07107626 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.18 | 0.3359 |
|
| |||||
| Net Profit Margin | 0.14 | 0.2682 |
|
| |||||
| Operating Profit Margin | 0.27 | 0.2601 |
|
| |||||
| Pretax Profit Margin | 0.15 | 0.2876 |
|
| |||||
| Return On Assets | 0.11 | 0.1067 |
|
| |||||
| Return On Equity | 0.17 | 0.1662 |
|
|
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.
United |
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 Cash Per Share vs. Return On Equity 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 return on equity category among its peers. It is rated second in cash per share category among its peers fabricating about 542.36 of Cash Per Share per Return On Equity. At present, United Microelectronics' Return On Equity is projected to increase slightly 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 Cash Per Share vs. Return On Equity
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.
United Microelectronics |
| = | 0.14 |
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
United Microelectronics |
| = | 76.31 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
United Cash Per Share Comparison
United Microelectronics is currently under evaluation in cash per share 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 3.6 B | 6.8 B | |
| Operating Income | 57.9 B | 60.8 B | |
| Income Before Tax | 64 B | 67.2 B | |
| Total Other Income Expense Net | 6.1 B | 4 B | |
| Net Income | 59.7 B | 62.7 B | |
| Income Tax Expense | 8.3 B | 8.7 B | |
| Net Income Applicable To Common Shares | 100.3 B | 105.3 B | |
| Net Income From Continuing Ops | 69.6 B | 73.1 B | |
| Interest Income | 4.6 B | 4.2 B | |
| Net Interest Income | 3 B | 3.1 B | |
| Change To Netincome | 16.9 B | 17.8 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.
Learn to be your own money manager
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.Did you try this?
Run Cryptocurrency Center Now
Cryptocurrency CenterBuild and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
| All Next | Launch Module |
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.Did You Try This Idea?
Run Cannabis Thematic Idea Now
Cannabis
Equities that are involved in production and delivery of legal cannabis. This theme is designed for investors that are willing to accept higher levels of market risk inherited by cannabis production and distribution globally. The Cannabis theme has 30 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 Cannabis Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map. For information on how to trade United Stock refer to our How to Trade United Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.