AVGO vs. UMC: Broadcom vs. United Microelectronics Stock Comparison
How do Broadcom (AVGO) and United Microelectronics (UMC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Broadcom (AVGO) 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.
Broadcom (AVGO) 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.
| Profile Item | AVGO | UMC |
|---|---|---|
| Name | Broadcom Inc. | United Microelectronics Corp. ADR |
| Country/Region | United States | Taiwan |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 1,401.97 billion USD | 34.73 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | August 6, 2009 | September 19, 2000 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AVGO | UMC |
|---|---|---|
| Total Return (1Y) | -8.02% | 102.63% |
| Total Return (3Y, Annualized) | 53.49% | 31.57% |
| Total Return (5Y, Annualized) | 44.26% | 11.51% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AVGO | UMC |
|---|---|---|
| Volatility (1Y, Annualized) | 48.06% | 67.94% |
| Beta (5Y) | 1.50 | 1.77 |
| Max Drawdown (5Y) | -41.15% | -54.30% |
| Avg. Volume (3M) | 23.75M | 11.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AVGO | UMC |
|---|---|---|
| Sharpe Ratio (1Y) | -0.26 | 1.45 |
| Sortino Ratio (1Y) | -0.35 | 2.35 |
Profitability
ROE (TTM)
Broadcom (AVGO) at 44.25% sits in the top ROE quartile, while United Microelectronics (UMC) at 20.37% is closer to the peer norm — stronger capital efficiency for AVGO.
AVGO
Semiconductors & Semiconductor Equipment industry group
44.25%
- Max
- 52.82%
- AVGO
- 44.25%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
UMC
Semiconductors & Semiconductor Equipment industry group
20.37%
- Max
- 52.82%
- Q3
- 22.26%
- UMC
- 20.37%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
For every dollar of sales, both Broadcom (AVGO) at 42.94% 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.
AVGO
Semiconductors & Semiconductor Equipment industry group
42.94%
- Max
- 63.80%
- AVGO
- 42.94%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
UMC
Semiconductors & Semiconductor Equipment industry group
31.95%
- Max
- 63.80%
- UMC
- 31.95%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Broadcom (AVGO) at 54.31% operates in the top operating margin quartile, ahead of United Microelectronics (UMC) at 25.09%, which runs around its industry’s norm.
AVGO
Semiconductors & Semiconductor Equipment industry group
54.31%
- Max
- 58.66%
- AVGO
- 54.31%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
UMC
Semiconductors & Semiconductor Equipment industry group
25.09%
- Max
- 58.66%
- Q3
- 30.23%
- UMC
- 25.09%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | AVGO | UMC |
|---|---|---|
| ROE (TTM) | 44.25% | 20.37% |
| ROA (TTM) | 15.37% | 5.79% |
| Net Margin (TTM) | 42.94% | 31.95% |
| Operating Margin (TTM) | 54.31% | 25.09% |
| Gross Margin (TTM) | 75.52% | 31.72% |
Growth
Revenue Growth
Both Broadcom (AVGO) at 23.87% and United Microelectronics (UMC) at 2.26% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Broadcom (AVGO) at 287.80% clears its industry range for EPS growth, a much stronger earnings trajectory than United Microelectronics (UMC) at -12.57%, which is closer to a typical peer reading.
Growth Metrics
| Metric | AVGO | UMC |
|---|---|---|
| Revenue Growth (YoY) | 23.87% | 2.26% |
| Revenue Growth (3Y CAGR) | 24.38% | -5.19% |
| EPS Growth (YoY) | 287.80% | -12.57% |
| EPS Growth (3Y CAGR) | 21.60% | -21.92% |
Financial Strength
Current Ratio (MRQ)
Both Broadcom (AVGO) at 2.50 and United Microelectronics (UMC) at 3.27 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
AVGO
Semiconductors & Semiconductor Equipment industry group
2.50
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- AVGO
- 2.50
- Q1
- 2.35
- Min
- 1.03
UMC
Semiconductors & Semiconductor Equipment industry group
3.27
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- UMC
- 3.27
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both Broadcom (AVGO) at 0.60 and United Microelectronics (UMC) at 0.17 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
AVGO
Semiconductors & Semiconductor Equipment industry group
0.60
- Max
- 1.46
- Q3
- 0.65
- AVGO
- 0.60
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
UMC
Semiconductors & Semiconductor Equipment industry group
0.17
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- UMC
- 0.17
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | AVGO | UMC |
|---|---|---|
| Current Ratio (MRQ) | 2.50 | 3.27 |
| Debt / Equity (MRQ) | 0.60 | 0.17 |
| Net Debt / EBITDA | 0.68 | -0.60 |
Dividends
Dividend Yield (TTM)
Broadcom (AVGO) at 0.89% earns its spot in the top quartile of its industry’s yields; United Microelectronics (UMC) at 19.43% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
AVGO
Semiconductors & Semiconductor Equipment industry group
0.89%
- Max
- 1.37%
- AVGO
- 0.89%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
UMC
Semiconductors & Semiconductor Equipment industry group
19.43%
- UMC
- 19.43%
- Max
- 1.37%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Broadcom (AVGO) at 32.44% and United Microelectronics (UMC) at 37.46% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
AVGO
Semiconductors & Semiconductor Equipment industry group
32.44%
- Max
- 49.64%
- AVGO
- 32.44%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
UMC
Semiconductors & Semiconductor Equipment industry group
37.46%
- Max
- 49.64%
- UMC
- 37.46%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AVGO | UMC |
|---|---|---|
| Dividend Yield (TTM) | 0.89% | 19.43% |
| Dividend Payout Ratio (TTM) | 32.44% | 37.46% |
Valuation
P/E Ratio (TTM)
United Microelectronics (UMC) at 13.07 sits in the cheaper P/E ratio quartile, while Broadcom (AVGO) at 37.51 is closer to its industry’s usual earnings multiple — a discount for UMC, though growth and earnings durability still matter.
AVGO
Semiconductors & Semiconductor Equipment industry group
37.51
- Max
- 110.34
- Q3
- 66.81
- AVGO
- 37.51
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
UMC
Semiconductors & Semiconductor Equipment industry group
13.07
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- UMC
- 13.07
- Min
- 8.12
P/S Ratio (TTM)
United Microelectronics (UMC) at 0.13 looks cheap on sales in the lower P/S ratio quartile, while Broadcom (AVGO) at 15.73 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
AVGO
Semiconductors & Semiconductor Equipment industry group
15.73
- Max
- 21.42
- AVGO
- 15.73
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
UMC
Semiconductors & Semiconductor Equipment industry group
0.13
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- UMC
- 0.13
- Min
- 0.00
P/B Ratio (MRQ)
United Microelectronics (UMC) at 2.39 is valued about in line with its industry on P/B ratio, while Broadcom (AVGO) at 14.06 carries an above-peer premium to book — AVGO is pricier on assets.
AVGO
Semiconductors & Semiconductor Equipment industry group
14.06
- AVGO
- 14.06
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
UMC
Semiconductors & Semiconductor Equipment industry group
2.39
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- UMC
- 2.39
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | AVGO | UMC |
|---|---|---|
| P/E Ratio (TTM) | 37.51 | 13.07 |
| P/S Ratio (TTM) | 15.73 | 0.13 |
| P/B Ratio (MRQ) | 14.06 | 2.39 |
| Free Cash Flow Yield (TTM) | 2.18% | 129.43% |