Q vs. UMC: Qnity Electronics vs. United Microelectronics Stock Comparison

November 11, 2026

How do Qnity Electronics (Q) 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

Qnity Electronics (Q) and United Microelectronics (UMC) both belong to the Semiconductors & Semiconductor Equipment industry, though Q is classified under Semiconductor Materials & Equipment while UMC falls under Semiconductors.

United Microelectronics (UMC) carries decades of public-market history since September 19, 2000, while Qnity Electronics (Q) listed on October 27, 2025 — long-window comparisons have far more historical data on the UMC side.

Qnity Electronics (Q) 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.

Company profile comparison for Qnity Electronics (Q) and United Microelectronics (UMC)
Profile Item	Q	UMC
Name	Qnity Electronics 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	Semiconductor Materials & Equipment	Semiconductors
Market Capitalization	24.46 billion USD	34.73 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 27, 2025	September 19, 2000
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

UMC

GSPC

Qnity Electronics (Q) vs. United Microelectronics (UMC), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Qnity Electronics (Q) and United Microelectronics (UMC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Qnity Electronics (Q) and United Microelectronics (UMC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Qnity Electronics (Q) and United Microelectronics (UMC)
Metric	Q	UMC
Total Return (1Y)	35.04%	102.63%
Total Return (3Y, Annualized)	--	31.57%
Total Return (5Y, Annualized)	--	11.51%

Risk Profile

Drawdown History

UMC

GSPC

Qnity Electronics (Q) vs. United Microelectronics (UMC), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Qnity Electronics (Q) and United Microelectronics (UMC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Qnity Electronics (Q) and United Microelectronics (UMC)
Metric	Q	UMC
Volatility (1Y, Annualized)	55.87%	67.94%
Beta (5Y)	1.49	1.77
Max Drawdown (5Y)	-38.03%	-54.30%
Avg. Volume (3M)	1.73M	11.82M

Risk-Adjusted Performance

Risk-Return Positioning

Q and UMC are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Qnity Electronics (Q) and United Microelectronics (UMC)
Metric	Q	UMC
Sharpe Ratio (1Y)	0.55	1.45
Sortino Ratio (1Y)	0.80	2.35

Profitability

ROE (TTM)

Both Qnity Electronics (Q) at 6.98% and United Microelectronics (UMC) at 20.37% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Q

Semiconductors & Semiconductor Equipment industry group

6.98%

Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q: 6.98%
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%

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

United Microelectronics (UMC) at 31.95% retains a top-quartile share of revenue as profit, ahead of Qnity Electronics (Q) at 10.16%, which keeps about the industry-typical share.

Q

Semiconductors & Semiconductor Equipment industry group

10.16%

Max: 63.80%
Q3: 28.36%
Median: 11.44%
Q: 10.16%
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%

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both Qnity Electronics (Q) at 25.00% and United Microelectronics (UMC) at 25.09% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

Q

Semiconductors & Semiconductor Equipment industry group

25.00%

Max: 58.66%
Q3: 30.23%
Q: 25.00%
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%

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Qnity Electronics (Q) and United Microelectronics (UMC)
Metric	Q	UMC
ROE (TTM)	6.98%	20.37%
ROA (TTM)	5.78%	5.79%
Net Margin (TTM)	10.16%	31.95%
Operating Margin (TTM)	25.00%	25.09%
Gross Margin (TTM)	46.92%	31.72%

Growth

Revenue Growth

Both Qnity Electronics (Q) at 9.67% 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.

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Qnity Electronics (Q) at -0.27% and United Microelectronics (UMC) at -12.57% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Qnity Electronics (Q) and United Microelectronics (UMC)
Metric	Q	UMC
Revenue Growth (YoY)	9.67%	2.26%
Revenue Growth (3Y CAGR)	-0.01%	-5.19%
EPS Growth (YoY)	-0.27%	-12.57%
EPS Growth (3Y CAGR)	--	-21.92%

Financial Strength

Current Ratio (MRQ)

United Microelectronics (UMC) at 3.27 keeps current ratio within its industry’s typical mid-range, while Qnity Electronics (Q) at 2.09 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for Q.

Q

Semiconductors & Semiconductor Equipment industry group

2.09

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
Q: 2.09
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

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Qnity Electronics (Q) at 0.57 and United Microelectronics (UMC) at 0.17 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Q

Semiconductors & Semiconductor Equipment industry group

0.57

Max: 1.46
Q3: 0.65
Q: 0.57
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

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Qnity Electronics (Q) and United Microelectronics (UMC)
Metric	Q	UMC
Current Ratio (MRQ)	2.09	3.27
Debt / Equity (MRQ)	0.57	0.17
Net Debt / EBITDA	2.07	-0.60

Dividends

Dividend Yield (TTM)

Qnity Electronics (Q) at 0.27% pays an industry-typical yield; United Microelectronics (UMC) at 19.43% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

Q

Semiconductors & Semiconductor Equipment industry group

0.27%

Max: 1.37%
Q3: 0.65%
Q: 0.27%
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%

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Qnity Electronics (Q) at 11.28% pays out a band-typical share of earnings, while United Microelectronics (UMC) at 37.46% distributes more than its industry norm — less retained, thinner cover.

Q

Semiconductors & Semiconductor Equipment industry group

11.28%

Max: 49.64%
Q3: 21.71%
Q: 11.28%
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%

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Qnity Electronics (Q) and United Microelectronics (UMC)
Metric	Q	UMC
Dividend Yield (TTM)	0.27%	19.43%
Dividend Payout Ratio (TTM)	11.28%	37.46%

Valuation

P/E Ratio (TTM)

United Microelectronics (UMC) at 13.07 sits in the cheaper P/E ratio quartile, while Qnity Electronics (Q) at 43.98 is closer to its industry’s usual earnings multiple — a discount for UMC, though growth and earnings durability still matter.

Q

Semiconductors & Semiconductor Equipment industry group

43.98

Max: 110.34
Q3: 66.81
Q: 43.98
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

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

United Microelectronics (UMC) at 0.13 sits in the cheaper P/S ratio quartile while Qnity Electronics (Q) at 4.46 prices around its industry’s middle — UMC costs less per dollar of sales, though read it alongside growth and margins.

Q

Semiconductors & Semiconductor Equipment industry group

4.46

Max: 21.42
Q3: 12.27
Median: 5.76
Q: 4.46
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

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Qnity Electronics (Q) at 3.22 and United Microelectronics (UMC) at 2.39 are valued close to their industries’ norm against book — neither stands out from peers.

Q

Semiconductors & Semiconductor Equipment industry group

3.22

Max: 14.06
Q3: 7.44
Median: 4.29
Q: 3.22
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

Qnity Electronics (Q) vs. United Microelectronics (UMC): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Qnity Electronics (Q) and United Microelectronics (UMC)
Metric	Q	UMC
P/E Ratio (TTM)	43.98	13.07
P/S Ratio (TTM)	4.46	0.13
P/B Ratio (MRQ)	3.22	2.39
Free Cash Flow Yield (TTM)	2.85%	129.43%