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United MicroelectronicsUMC +4.58%83 Equity-to-Asset is 0.67 as of Jun. 2026, which is 14% above its 10-year median of 0.59. GuruFocus rates UMC with a GF Score™ of 83/100 and a GF Value™ of $9.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,038 Semiconductors companies, United Microelectronics ranks better than 56.26% on this metric.
United Microelectronics (NYSE:UMC) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
United Microelectronics Equity-to-Asset Related Terms
United Microelectronics Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, United Microelectronics's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where United Microelectronics's Equity-to-Asset falls into.
United Microelectronics Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
United Microelectronics's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.67 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on United Microelectronics and its competitors. This is 14% above median its historical median of 0.59. Over the past decade, United Microelectronics' Equity-to-Asset has ranged from 0.53 to 0.68. According to the industry distribution chart, United Microelectronics ranks #454 out of 1038 companies in the Semiconductors industry, placing it in the top 43.7%.
Is United Microelectronics' Equity-to-Asset too high?
United Microelectronics' current Equity-to-Asset of 0.67 is 14% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.68. The Semiconductors industry median Equity-to-Asset is 0.62. United Microelectronics' value of 0.67 is 8.1% above this industry median. Based on the distribution chart, United Microelectronics ranks #454 out of 1038 companies in the Semiconductors industry, which is above 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' Equity-to-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, United Microelectronics ranks #454 out of 1038 companies for Equity-to-Asset. This puts United Microelectronics in the upper half of its industry. The industry median Equity-to-Asset is 0.62. United Microelectronics' value of 0.67 is 8.1% above this benchmark. Historically, United Microelectronics' own Equity-to-Asset has ranged from 0.53 to 0.68 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.62, United Microelectronics has consistently been above 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 Equity-to-Asset for a Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.62, based on 1,038 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Microelectronics's current Equity-to-Asset of 0.67 is 8.1% above 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on United Microelectronics and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Microelectronics's current Equity-to-Asset is 0.67, which is 14% above median its own 10-year median of 0.59. 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 $9.06, compared to a current price of $20.77 — trading 129.2% above its estimated fair value. The current Equity-to-Asset is 0.67, which is 14% above median its 10-year median of 0.59 and 8.1% above the Semiconductors industry median of 0.62. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For United Microelectronics (UMC), the current Equity-to-Asset is 0.67 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 $20.77 is trading 129.2% above its estimated GF Value™ of $9.06.
GuruFocus considers United Microelectronics to be Significantly Overvalued.
Key valuation signals for UMC:
Equity-to-Asset: 0.67 (14% above median its 10-year median of 0.59)
GF Value™: $9.06 vs. price of $20.77 (129.2% above fair value)
Industry Position: 8.1% above the Semiconductors median (#454 of 1038)
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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