United Microelectronics (TPE:2303) FCF Margin %: 14.37% (As of Mar. 2026) — 27% Below Median


TPE:2303 United Microelectronics Corp TPE:2303
73 GF Score
Price NT$164.00
GF Value NT$50.78
Valuation Significantly Overvalued
! 9 Warning Signs
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What is United Microelectronics FCF Margin %?

United Microelectronics TPE:2303 -8.12% 73 FCF Margin % is 14.37% as of Mar. 2026, which is 27% below its 10-year median of 19.57. GuruFocus rates TPE:2303 with a GF Score™ of 73/100 and a GF Value™ of NT$50.78 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,024 Semiconductors companies, United Microelectronics ranks better than 88.57% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. United Microelectronics's Free Cash Flow for the three months ended in Mar. 2026 was NT$8,774 Mil. United Microelectronics's Revenue for the three months ended in Mar. 2026 was NT$61,038 Mil. Therefore, United Microelectronics's FCF Margin % for the quarter that ended in Mar. 2026 was 14.37%.

As of today, United Microelectronics's current FCF Yield % is 2.36%.

The historical rank and industry rank for United Microelectronics's FCF Margin % or its related term are showing as below:

TPE:2303' s FCF Margin % Range Over the Past 10 Years
Min: -31.56   Med: 19.57   Max: 24.25
Current: 20.17


During the past 13 years, the highest FCF Margin % of United Microelectronics was 24.25%. The lowest was -31.56%. And the median was 19.57%.

TPE:2303's FCF Margin % is ranked better than
88.57% of 1024 companies
in the Semiconductors industry
Industry Median: -0.8 vs TPE:2303: 20.17


United Microelectronics FCF Margin % Related Terms


United Microelectronics FCF Margin % Historical Data

* Premium members only.

The historical data trend for United Microelectronics's FCF Margin % 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.

United Microelectronics FCF Margin % Chart

United Microelectronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.96 22.60 -3.60 1.09 20.68

United Microelectronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial 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 16.15 22.99 14.83 28.33 14.37

TPE:2303 vs NVDA, AVGO, MU: FCF Margin % Comparison

For the Semiconductors subindustry, United Microelectronics's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, United Microelectronics's FCF Margin % distribution charts can be found below:

* The bar in red indicates where United Microelectronics's FCF Margin % falls into.


TPE:2303
73GF Score
United Microelectronics Corp TPE:2303
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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United Microelectronics FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

United Microelectronics's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=49130.54/237553.199
=20.68 %

United Microelectronics's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=8773.914/61037.902
=14.37 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 14.37% mean?
United Microelectronics (TPE:2303) has a FCF Margin % of 14.37% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on United Microelectronics and its competitors. This is 27% below median its historical median of 19.57. According to the industry distribution chart, United Microelectronics ranks #117 out of 1024 companies in the Semiconductors industry, placing it in the top 11.4%.
Is United Microelectronics' FCF Margin % too high?
United Microelectronics' current FCF Margin % of 14.37% is 27% below median its 10-year median of 19.57. Based on the distribution chart, United Microelectronics ranks #117 out of 1024 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, United Microelectronics has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Microelectronics' FCF Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, United Microelectronics ranks #117 out of 1024 companies for FCF Margin %. This places United Microelectronics in the top 11% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Semiconductors company?
A good FCF Margin % depends on the Semiconductors industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on United Microelectronics and its competitors. United Microelectronics's current FCF Margin % is 14.37%, which is 27% below median its own 10-year median of 19.57. 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 (TPE:2303) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$50.78, compared to a current price of NT$164.00 — trading 223% above its estimated fair value. The current FCF Margin % is 14.37%, which is 27% below median its 10-year median of 19.57. United Microelectronics' overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For United Microelectronics (TPE:2303), the current FCF Margin % is 14.37% as of Mar. 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 (TPE:2303) Overvalued in 2026?

Based on GuruFocus' analysis, United Microelectronics stock appears to be overvalued. The current stock price of NT$164.00 is trading 223% above its estimated GF Value™ of NT$50.78. GuruFocus considers United Microelectronics to be Significantly Overvalued.

Key valuation signals for TPE:2303:

  • FCF Margin %: 14.37% (27% below median its 10-year median of 19.57)
  • GF Value™: NT$50.78 vs. price of NT$164.00 (223% above fair value)
  • GF Score™: 73/100 with 9 warning signs

No single metric tells the full story. See the TPE:2303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Microelectronics Business Description

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 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.
73GF Score

Get the complete analysis for TPE:2303

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$164.00
Price
NT$50.78
GF Value