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United MicroelectronicsUMC +3.78%83 EV-to-OCF is 13.35 as of Aug. 30, 2026, which is 195% above its 10-year median of 4.53. GuruFocus rates UMC with a GF Score™ of 83/100 and a GF Value™ of $9.02 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,033 Semiconductors companies, United Microelectronics ranks worse than 50.73% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, United Microelectronics's Enterprise Value is $46,689 Mil.
United Microelectronics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $3,498 Mil. Therefore, United Microelectronics's EV-to-OCF for today is 13.35.
The historical rank and industry rank for United Microelectronics's EV-to-OCF or its related term are showing as below:
UMC'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.4 Med: 4.53 Max: 20.26
Current: 14.02
During the past 13 years, the highest EV-to-OCF of United Microelectronics was 20.26. The lowest was 2.40. And the median was 4.53.
UMC's EV-to-OCF is ranked worse than 50.73% of 1033
companies
in the Semiconductors industry
Industry Median: 13.6
vs UMC: 14.02
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
United Microelectronics (NYSE:UMC) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
United Microelectronics's PE Ratio (TTM) for today is calculated as:
United Microelectronics's share price for today is $19.79.
United Microelectronics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.051.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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 EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, United Microelectronics's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where United Microelectronics's EV-to-OCF falls into.
United Microelectronics's current Enterprise Value is $46,689 Mil.
United Microelectronics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,498 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 (UMC) has a EV-to-OCF of 13.35 as of Aug. 30, 2026. This is 195% above median its historical median of 4.53. Over the past decade, United Microelectronics' EV-to-OCF has ranged from 2.40 to 20.26. According to the industry distribution chart, United Microelectronics ranks #524 out of 1033 companies in the Semiconductors industry, placing it in the top 50.7%.
Is United Microelectronics' EV-to-OCF too high?
United Microelectronics' current EV-to-OCF of 13.35 is 195% above median its 10-year median of 4.53. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 20.26. The Semiconductors industry median EV-to-OCF is 13.60. United Microelectronics' value of 13.35 is 1.8% below this industry median. Based on the distribution chart, United Microelectronics ranks #524 out of 1033 companies in the Semiconductors industry, which is below the industry midpoint. Overall, United Microelectronics has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Microelectronics' EV-to-OCF compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, United Microelectronics ranks #524 out of 1033 companies for EV-to-OCF. This places United Microelectronics in the lower half of its industry. The industry median EV-to-OCF is 13.60. United Microelectronics' value of 13.35 is 1.8% below this benchmark. Historically, United Microelectronics' own EV-to-OCF has ranged from 2.40 to 20.26 over the past decade. While the company's 10-year median is 4.53 vs. the industry median of 13.60, 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 EV-to-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 13.60, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Microelectronics's current EV-to-OCF of 13.35 is 1.8% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 13.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Microelectronics's current EV-to-OCF is 13.35, which is 195% above median its own 10-year median of 4.53. 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 $9.02, compared to a current price of $19.79 — trading 119.4% above its estimated fair value. The current EV-to-OCF is 13.35, which is 195% above median its 10-year median of 4.53 and 1.8% below the Semiconductors industry median of 13.60. United Microelectronics' overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For United Microelectronics (UMC), the current EV-to-OCF is 13.35 as of Aug. 30, 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 $19.79 is trading 119.4% above its estimated GF Value™ of $9.02.
GuruFocus considers United Microelectronics to be Significantly Overvalued.
Key valuation signals for UMC:
EV-to-OCF: 13.35 (195% above median its 10-year median of 4.53)
GF Value™: $9.02 vs. price of $19.79 (119.4% above fair value)
Industry Position: 1.8% below the Semiconductors median (#524 of 1033)
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.
83GF Score
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