United Microelectronics Corporation (ADR)

Factors to consider:

• Company pays dividends (annually): last record date 2024-07-02, amount 0.46$ (Y5.97%)
• Price in estimated range
• Earnings for 3 months up through Q1 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [5.01$, 8.92$]
• 2025-12-31 to 2026-12-31 estimated range: [5.66$, 9.80$]

Financial Metrics affecting the UMC estimates:

• Positive: 0.04 < Non-GAAP EPS, $ of 0.58
• Positive: Operating cash flow per share per price, % of 17.16 > 12.73
• Negative: Industry inventory ratio change (median), % of 0.94 > 0.31
• Positive: Operating profit margin, % of 22.22 > 18.46
• Negative: Industry operating cash flow per share per price (median), % of 2.65 <= 2.82
• Negative: Industry operating profit margin (median), % of 1.26 <= 5.40
• Positive: Return on assets ratio (scaled to [-100,100]) of 7.63 > 6.86
• Positive: -3.20 < Investing cash flow per share, $ of -1.04
• Positive: Inventory ratio change, % of 0.62 <= 1.05
• Positive: 0 < Industry earnings per price (median), % of 2.12