CBRS vs. UMC: Cerebras Systems vs. United Microelectronics Stock Comparison

Company Profile

Cerebras Systems (CBRS) 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) has been public since September 19, 2000, giving it decades of market history across multiple cycles, while Cerebras Systems (CBRS) listed only on May 14, 2026 and lacks comparable through-cycle data.

Cerebras Systems (CBRS) 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

Both CBRS and UMC need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: United Microelectronics (UMC) earns 20.37% on shareholders’ equity, ranked against its industry; Cerebras Systems (CBRS) has no ROE this period.

Cerebras Systems (CBRS) reports a negative net margin of -75.27%, usually indicating a net loss over the period. Meanwhile United Microelectronics (UMC) reports 31.95%, ranking against industry peers normally.

Cerebras Systems (CBRS) reports a negative operating margin of -264.97%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile United Microelectronics (UMC) reports 25.09%, ranking against industry peers normally.

Profitability Metrics

Growth

Cerebras Systems (CBRS) at 75.71% 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; Cerebras Systems (CBRS) 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 Cerebras Systems (CBRS) at 5.83 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Both Cerebras Systems (CBRS) at 0.16 and United Microelectronics (UMC) at 0.17 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Financial Strength Metrics

Dividends

Cerebras Systems (CBRS) 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.

Cerebras Systems (CBRS) 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

An earnings multiple is available for just one side: United Microelectronics (UMC) trades at 13.07 times trailing earnings, ranked against its peers, while Cerebras Systems (CBRS) has no P/E ratio this period.

United Microelectronics (UMC) at 0.13 sits in the cheaper P/S ratio quartile while Cerebras Systems (CBRS) at 31.30 prices above its industry range — a wide gap in sales valuation between them.

Cerebras Systems (CBRS) at 2.23 sits in the lower P/B ratio quartile against book while United Microelectronics (UMC) at 2.39 is valued near its industry’s middle — CBRS is cheaper on assets, though weigh it against ROE and asset quality.

Valuation Metrics