ALAB vs. UMC: Astera Labs vs. United Microelectronics Stock Comparison

Company Profile

Astera Labs (ALAB) and United Microelectronics (UMC) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

United Microelectronics (UMC) carries decades of public-market history since September 19, 2000, while Astera Labs (ALAB) listed on March 20, 2024 — long-window comparisons have far more historical data on the UMC side.

Astera Labs (ALAB) trades as ordinary local shares, while United Microelectronics (UMC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Astera Labs (ALAB) at 28.21% sits in the top ROE quartile, while United Microelectronics (UMC) at 20.37% is closer to the peer norm — stronger capital efficiency for ALAB.

For every dollar of sales, both Astera Labs (ALAB) at 29.64% and United Microelectronics (UMC) at 31.95% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

Astera Labs (ALAB) at 30.61% operates in the top operating margin quartile, ahead of United Microelectronics (UMC) at 25.09%, which runs around its industry’s norm.

Profitability Metrics

Growth

Astera Labs (ALAB) at 115.13% clears its industry range for revenue growth, far stronger top-line momentum than United Microelectronics (UMC) at 2.26%, which is closer to a typical peer reading.

Only one side can be read here: United Microelectronics (UMC) reports EPS growth of -12.57%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.

Growth Metrics

Financial Strength

United Microelectronics (UMC) at 3.27 keeps current ratio within its industry’s typical mid-range, while Astera Labs (ALAB) at 8.03 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Astera Labs (ALAB) at 0.02 keeps leverage in the lower industry quartile, while United Microelectronics (UMC) at 0.17 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Astera Labs (ALAB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile United Microelectronics (UMC) reports a yield of 19.43%, ranking against industry peers normally.

Astera Labs (ALAB) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile United Microelectronics (UMC) reports a payout of 37.46%, ranking against industry peers normally.

Dividend Metrics

Valuation

United Microelectronics (UMC) at 13.07 sits in the cheaper P/E ratio quartile, while Astera Labs (ALAB) at 75.38 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

United Microelectronics (UMC) at 0.13 looks cheap on sales in the lower P/S ratio quartile, while Astera Labs (ALAB) at 21.42 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

United Microelectronics (UMC) at 2.39 sits near its industry’s typical P/B ratio, while Astera Labs (ALAB) at 16.67 prices above its benchmark range — ALAB looks rich relative to book.

Valuation Metrics