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United MicroelectronicsUMC +2.56%78 Debt-to-Equity is 0.12 as of Jun. 2026, which is 50% below its 10-year median of 0.24. GuruFocus rates UMC with a GF Score™ of 78/100 and a GF Value™ of $8.37 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 910 Semiconductors companies, United Microelectronics ranks better than 66.59% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for United Microelectronics's Debt-to-Equity or its related term are showing as below:
UMC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.24 Max: 0.42
Current: 0.12
During the past 13 years, the highest Debt-to-Equity Ratio of United Microelectronics was 0.42. The lowest was 0.12. And the median was 0.24.
UMC's Debt-to-Equity is ranked better than 66.59% of 910
companies
in the Semiconductors industry
Industry Median: 0.255
vs UMC: 0.12
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
United Microelectronics Debt-to-Equity Related Terms
United Microelectronics Debt-to-Equity Historical Data
* 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.
For the Semiconductors subindustry, United Microelectronics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, United Microelectronics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where United Microelectronics's Debt-to-Equity falls into.
* 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 (UMC) has a Debt-to-Equity of 0.12 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on United Microelectronics and its competitors. This is 50% below median its historical median of 0.24. Over the past decade, United Microelectronics' Debt-to-Equity has ranged from 0.12 to 0.42. According to the industry distribution chart, United Microelectronics ranks #304 out of 910 companies in the Semiconductors industry, placing it in the top 33.4%.
Is United Microelectronics' Debt-to-Equity too high?
United Microelectronics' current Debt-to-Equity of 0.12 is 50% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.42. The Semiconductors industry median Debt-to-Equity is 0.26. United Microelectronics' value of 0.12 is 52.9% below this industry median. Based on the distribution chart, United Microelectronics ranks #304 out of 910 companies in the Semiconductors industry, which is above the industry midpoint. Overall, United Microelectronics has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Microelectronics' Debt-to-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, United Microelectronics ranks #304 out of 910 companies for Debt-to-Equity. This puts United Microelectronics in the upper half of its industry. The industry median Debt-to-Equity is 0.26. United Microelectronics' value of 0.12 is 52.9% below this benchmark. Historically, United Microelectronics' own Debt-to-Equity has ranged from 0.12 to 0.42 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.26, United Microelectronics has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 910 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Microelectronics's current Debt-to-Equity of 0.12 is 52.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on United Microelectronics and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Microelectronics's current Debt-to-Equity is 0.12, which is 50% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, United Microelectronics (UMC) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.37, compared to a current price of $19.43 — trading 132.1% above its estimated fair value. The current Debt-to-Equity is 0.12, which is 50% below median its 10-year median of 0.24 and 52.9% below the Semiconductors industry median of 0.26. United Microelectronics' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For United Microelectronics (UMC), the current Debt-to-Equity is 0.12 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is United Microelectronics (UMC) Overvalued in 2026?
Based on GuruFocus' analysis, United Microelectronics stock appears to be overvalued.
The current stock price of $19.43 is trading 132.1% above its estimated GF Value™ of $8.37.
GuruFocus considers United Microelectronics to be Significantly Overvalued.
Key valuation signals for UMC:
Debt-to-Equity: 0.12 (50% below median its 10-year median of 0.24)
GF Value™: $8.37 vs. price of $19.43 (132.1% above fair value)
Industry Position: 52.9% below the Semiconductors median (#304 of 910)
No single metric tells the full story. See the UMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with close to 5% market share in 2025 after TSMC and SMIC. 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 US, and South Korea. UMC features a diverse customer base that includes Texas Instruments, MediaTek, Intel, Broadcom, Novatek, and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 19,000 people as of February 2025.
78GF Score
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