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United Microelectronics (United Microelectronics) EV-to-EBIT

: 7.05 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, United Microelectronics's Enterprise Value is $16,382 Mil. United Microelectronics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,324 Mil. Therefore, United Microelectronics's EV-to-EBIT for today is 7.05.

The historical rank and industry rank for United Microelectronics's EV-to-EBIT or its related term are showing as below:

UMC' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.25   Med: 16.03   Max: 91.86
Current: 7.03

During the past 13 years, the highest EV-to-EBIT of United Microelectronics was 91.86. The lowest was 3.25. And the median was 16.03.

UMC's EV-to-EBIT is ranked better than
85.86% of 665 companies
in the Semiconductors industry
Industry Median: 23.29 vs UMC: 7.03

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. United Microelectronics's Enterprise Value for the quarter that ended in Dec. 2023 was $18,629 Mil. United Microelectronics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,324 Mil. United Microelectronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.47%.


United Microelectronics EV-to-EBIT Historical Data

The historical data trend for United Microelectronics's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Microelectronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.99 20.89 11.39 3.38 7.99

United Microelectronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 4.95 4.83 5.88 7.99

Competitive Comparison

For the Semiconductors subindustry, United Microelectronics's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Microelectronics EV-to-EBIT Distribution

For the Semiconductors industry and Technology sector, United Microelectronics's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where United Microelectronics's EV-to-EBIT falls into.



United Microelectronics EV-to-EBIT Calculation

United Microelectronics's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16382.419/2323.771
=7.05

United Microelectronics's current Enterprise Value is $16,382 Mil.
United Microelectronics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,324 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Microelectronics  (NYSE:UMC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

United Microelectronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=2323.771/18628.668
=12.47 %

United Microelectronics's Enterprise Value for the quarter that ended in Dec. 2023 was $18,629 Mil.
United Microelectronics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,324 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Microelectronics EV-to-EBIT Related Terms

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United Microelectronics (United Microelectronics) Business Description

Traded in Other Exchanges
Address
No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN
Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2022 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.

United Microelectronics (United Microelectronics) Headlines

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