MCHP vs. UMC: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at MCHP and UMC, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
MCHP is a standard domestic listing, while UMC trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.
| Symbol | MCHP | UMC |
|---|---|---|
| Company Name | Microchip Technology Incorporated | United Microelectronics Corporation |
| Country | United States | Taiwan |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| Market Capitalization | 35.94 billion USD | 18.46 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | March 19, 1993 | September 19, 2000 |
| Security Type | Common Stock | ADR |
Historical Performance
This chart compares the performance of MCHP and UMC by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | MCHP | UMC |
|---|---|---|
| 5-Day Price Return | 3.69% | -2.23% |
| 13-Week Price Return | -6.84% | 0.23% |
| 26-Week Price Return | 37.30% | -1.79% |
| 52-Week Price Return | -13.89% | 8.46% |
| Month-to-Date Return | 3.69% | -3.73% |
| Year-to-Date Return | 16.11% | 1.86% |
| 10-Day Avg. Volume | 6.24M | 77.27M |
| 3-Month Avg. Volume | 8.49M | 45.90M |
| 3-Month Volatility | 34.18% | 20.67% |
| Beta | 1.47 | 0.24 |
Profitability
Return on Equity (TTM)
MCHP
-2.26%
Semiconductors & Semiconductor Equipment Industry
- Max
- 47.13%
- Q3
- 23.50%
- Median
- 9.94%
- Q1
- 0.86%
- Min
- -20.69%
MCHP has a negative Return on Equity of -2.26%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
UMC
10.76%
Semiconductors & Semiconductor Equipment Industry
- Max
- 47.13%
- Q3
- 23.50%
- Median
- 9.94%
- Q1
- 0.86%
- Min
- -20.69%
UMC’s Return on Equity of 10.76% is on par with the norm for the Semiconductors & Semiconductor Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
MCHP
-3.50%
Semiconductors & Semiconductor Equipment Industry
- Max
- 52.41%
- Q3
- 23.88%
- Median
- 10.17%
- Q1
- 1.21%
- Min
- -32.15%
MCHP has a negative Net Profit Margin of -3.50%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
UMC
16.69%
Semiconductors & Semiconductor Equipment Industry
- Max
- 52.41%
- Q3
- 23.88%
- Median
- 10.17%
- Q1
- 1.21%
- Min
- -32.15%
UMC’s Net Profit Margin of 16.69% is aligned with the median group of its peers in the Semiconductors & Semiconductor Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
MCHP
2.54%
Semiconductors & Semiconductor Equipment Industry
- Max
- 58.09%
- Q3
- 27.54%
- Median
- 11.18%
- Q1
- 3.31%
- Min
- -28.36%
MCHP’s Operating Profit Margin of 2.54% is in the lower quartile for the Semiconductors & Semiconductor Equipment industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
UMC
19.65%
Semiconductors & Semiconductor Equipment Industry
- Max
- 58.09%
- Q3
- 27.54%
- Median
- 11.18%
- Q1
- 3.31%
- Min
- -28.36%
UMC’s Operating Profit Margin of 19.65% is around the midpoint for the Semiconductors & Semiconductor Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | MCHP | UMC |
|---|---|---|
| Return on Equity (TTM) | -2.26% | 10.76% |
| Return on Assets (TTM) | -0.96% | 7.00% |
| Net Profit Margin (TTM) | -3.50% | 16.69% |
| Operating Profit Margin (TTM) | 2.54% | 19.65% |
| Gross Profit Margin (TTM) | 54.48% | 29.94% |
Financial Strength
Current Ratio (MRQ)
MCHP
2.31
Semiconductors & Semiconductor Equipment Industry
- Max
- 6.58
- Q3
- 4.24
- Median
- 2.73
- Q1
- 2.13
- Min
- 1.02
MCHP’s Current Ratio of 2.31 aligns with the median group of the Semiconductors & Semiconductor Equipment industry, indicating that its short-term liquidity is in line with its sector peers.
UMC
1.77
Semiconductors & Semiconductor Equipment Industry
- Max
- 6.58
- Q3
- 4.24
- Median
- 2.73
- Q1
- 2.13
- Min
- 1.02
UMC’s Current Ratio of 1.77 falls into the lower quartile for the Semiconductors & Semiconductor Equipment industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio (MRQ)
MCHP
0.80
Semiconductors & Semiconductor Equipment Industry
- Max
- 1.09
- Q3
- 0.48
- Median
- 0.25
- Q1
- 0.01
- Min
- 0.00
MCHP’s leverage is in the upper quartile of the Semiconductors & Semiconductor Equipment industry, with a Debt-to-Equity Ratio of 0.80. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
UMC
0.20
Semiconductors & Semiconductor Equipment Industry
- Max
- 1.09
- Q3
- 0.48
- Median
- 0.25
- Q1
- 0.01
- Min
- 0.00
UMC’s Debt-to-Equity Ratio of 0.20 is typical for the Semiconductors & Semiconductor Equipment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
MCHP
1.16
Semiconductors & Semiconductor Equipment Industry
- Max
- 174.00
- Q3
- 74.71
- Median
- 26.06
- Q1
- 6.43
- Min
- -7.80
In the lower quartile for the Semiconductors & Semiconductor Equipment industry, MCHP’s Interest Coverage Ratio of 1.16 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
UMC
313.16
Semiconductors & Semiconductor Equipment Industry
- Max
- 174.00
- Q3
- 74.71
- Median
- 26.06
- Q1
- 6.43
- Min
- -7.80
With an Interest Coverage Ratio of 313.16, UMC demonstrates a superior capacity to service its debt, placing it well above the typical range for the Semiconductors & Semiconductor Equipment industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | MCHP | UMC |
|---|---|---|
| Current Ratio (MRQ) | 2.31 | 1.77 |
| Quick Ratio (MRQ) | 1.33 | 1.44 |
| Debt-to-Equity Ratio (MRQ) | 0.80 | 0.20 |
| Interest Coverage Ratio (TTM) | 1.16 | 313.16 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
MCHP
2.85%
Semiconductors & Semiconductor Equipment Industry
- Max
- 3.72%
- Q3
- 1.51%
- Median
- 0.69%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 2.85%, MCHP offers a more attractive income stream than most of its peers in the Semiconductors & Semiconductor Equipment industry, signaling a strong commitment to shareholder returns.
UMC
6.83%
Semiconductors & Semiconductor Equipment Industry
- Max
- 3.72%
- Q3
- 1.51%
- Median
- 0.69%
- Q1
- 0.00%
- Min
- 0.00%
UMC’s Dividend Yield of 6.83% is exceptionally high, placing it well above the typical range for the Semiconductors & Semiconductor Equipment industry. While this may seem attractive, an unusually high yield can sometimes be a warning sign, reflecting a falling stock price or market concerns about the dividend’s sustainability.
Dividend Payout Ratio (TTM)
MCHP
123.62%
Semiconductors & Semiconductor Equipment Industry
- Max
- 205.27%
- Q3
- 88.01%
- Median
- 27.13%
- Q1
- 0.00%
- Min
- 0.00%
MCHP’s Dividend Payout Ratio of 123.62% is in the upper quartile for the Semiconductors & Semiconductor Equipment industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
UMC
163.64%
Semiconductors & Semiconductor Equipment Industry
- Max
- 205.27%
- Q3
- 88.01%
- Median
- 27.13%
- Q1
- 0.00%
- Min
- 0.00%
UMC’s Dividend Payout Ratio of 163.64% is in the upper quartile for the Semiconductors & Semiconductor Equipment industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | MCHP | UMC |
|---|---|---|
| Dividend Yield (TTM) | 2.85% | 6.83% |
| Dividend Payout Ratio (TTM) | 123.62% | 163.64% |
Valuation
Price-to-Earnings Ratio (TTM)
MCHP
--
Semiconductors & Semiconductor Equipment Industry
- Max
- 106.30
- Q3
- 61.93
- Median
- 38.96
- Q1
- 23.71
- Min
- 13.06
P/E Ratio data for MCHP is currently unavailable.
UMC
13.89
Semiconductors & Semiconductor Equipment Industry
- Max
- 106.30
- Q3
- 61.93
- Median
- 38.96
- Q1
- 23.71
- Min
- 13.06
In the lower quartile for the Semiconductors & Semiconductor Equipment industry, UMC’s P/E Ratio of 13.89 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.
Price-to-Sales Ratio (TTM)
MCHP
8.31
Semiconductors & Semiconductor Equipment Industry
- Max
- 19.99
- Q3
- 10.21
- Median
- 5.23
- Q1
- 2.88
- Min
- 1.13
MCHP’s P/S Ratio of 8.31 aligns with the market consensus for the Semiconductors & Semiconductor Equipment industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
UMC
2.32
Semiconductors & Semiconductor Equipment Industry
- Max
- 19.99
- Q3
- 10.21
- Median
- 5.23
- Q1
- 2.88
- Min
- 1.13
In the lower quartile for the Semiconductors & Semiconductor Equipment industry, UMC’s P/S Ratio of 2.32 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
Price-to-Book Ratio (MRQ)
MCHP
5.54
Semiconductors & Semiconductor Equipment Industry
- Max
- 14.22
- Q3
- 6.94
- Median
- 4.29
- Q1
- 1.99
- Min
- 0.67
MCHP’s P/B Ratio of 5.54 is within the conventional range for the Semiconductors & Semiconductor Equipment industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
UMC
1.65
Semiconductors & Semiconductor Equipment Industry
- Max
- 14.22
- Q3
- 6.94
- Median
- 4.29
- Q1
- 1.99
- Min
- 0.67
UMC’s P/B Ratio of 1.65 is in the lower quartile for the Semiconductors & Semiconductor Equipment industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
Valuation at a Glance
| Symbol | MCHP | UMC |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | -- | 13.89 |
| Price-to-Sales Ratio (TTM) | 8.31 | 2.32 |
| Price-to-Book Ratio (MRQ) | 5.54 | 1.65 |
| Price-to-Free Cash Flow Ratio (TTM) | 48.49 | 15.01 |