ADI vs MCHP vs UMC Stock Comparison

Analog Devices, Microchip Technology and United Microelectronics Prices as of Oct 26, 2026 Peers: Industry group
ADI Analog Devices Inc
$407.93 +3.6% 1M +71.4% 1Y
Market cap
$204.61B
P/E
49.5x
Revenue (TTM)
$13.88B
Div. yield
0.01%
Semiconductor Manufacturing Technology
4 wins
MCHP Microchip Technology Inc
$75.90 -3.5% 1M +20.2% 1Y
Market cap
$43.35B
P/E
118.1x
Revenue (TTM)
$5.12B
Div. yield
0.02%
Semiconductor Manufacturing Technology
1 win
UMC United Microelectronics Corp
$19.18 -21.1% 1M +154.4% 1Y
Market cap
$47.49B
P/E
18.1x
Revenue (TTM)
$13.76B
Div. yield
–
Semiconductor Manufacturing Technology
7 wins

Head to Head

12 decided of 12

United Microelectronics leads on 7 of the 12 questions below (United Microelectronics 7, Analog Devices 4, Microchip Technology 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionADIMCHPUMCLeader
Larger companyMarket capitalisation $204.61B $43.35B $47.49B ADI
Cheaper on earningsLower P/E, profitable companies only 49.5x 118.1x 18.1x UMC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 33.1x 20.0x 17.4x UMC
Faster revenue growthRevenue growth, trailing twelve months +33.6% +20.9% +85.6% UMC
More profitableNet margin, trailing twelve months 29.8% 7.2% 19.1% ADI
Better return on capitalReturn on invested capital 10.2% 5.5% 10.6% UMC
Less leveragedLower net debt / EBITDA 1.0x 3.4x -0.9x UMC
Higher dividend yieldTrailing dividend yield 0.01% 0.02% 0.00% MCHP
Better 1-year returnPrice return, last 12 months +71.4% +20.2% +154.4% UMC
Better 5-year returnAnnualised price return, 5 years +19.1%/yr +1.0%/yr +12.1%/yr ADI
Less volatileAnnualised volatility, 1 year 36.5% 49.2% 64.5% ADI
Higher overall scoreMean of the five percentile scores vs peers 62/100 43/100 72/100 UMC

Percentile Scorecard

ADIMCHPUMC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisADIMCHPUMC
Valuation 49 #49 of 95 54 #44 of 95 82 #18 of 95
Growth 78 #21 of 93 41 #55 of 93 58 #40 of 93
Profitability 83 #16 of 91 59 #38 of 91 72 #26 of 91
Financial Health 31 #70 of 101 7 #94 of 101 56 #45 of 101
Shareholder Returns 68 #25 of 75 53 #36 of 75 91 #8 of 75
Overall 62 43 72
  • ADI ranked among 104 companies in Semiconductors
  • MCHP ranked among 104 companies in Semiconductors
  • UMC ranked among 104 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodADIMCHPUMCSPY
1 month +3.6%-3.5%-21.1% -0.8%
3 months +9.7%-2.6%+0.5% +3.5%
6 months +3.9%-12.6%+64.1% +7.0%
Year to date +50.4%+19.1%+144.0% +12.2%
1 year +71.4%+20.2%+154.4% +13.0%
3 years +154.1%+5.0%+171.3% +86.3%
3 years, per year +36.5%+1.7%+39.5% +23.1%
5 years +139.3%+4.9%+76.6% +68.6%
5 years, per year +19.1%+1.0%+12.1% +11.0%
10 years +543.0%+150.7%+948.1% +258.0%
10 years, per year +20.5%+9.6%+26.5% +13.6%

Risk

MeasureADIMCHPUMCSPY
Volatility, 1Y 36.5%49.2%64.5% 12.7%
Downside volatility, 1Y 36.5%44.0%56.8% 12.7%
Beta vs S&P 500, 1Y 1.722.151.79 1.00
Return / volatility, 1Y 1.960.412.39 1.02
Max drawdown, 5Y -32.5%-64.5%-57.3% -25.4%
From 52-week high -8.4%-26.3%-31.5% -1.8%
52-week high $445.48$102.92$28.01 $779.14
52-week low $225.20$49.02$7.02 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleADIMCHPUMC
P/E now vs peer median 47.9xmedian 42.1x 112.1xmedian 42.1x 17.8xmedian 42.1x
P/S now vs peer median 14.2xmedian 7.1x 8.0xmedian 7.1x 3.5xmedian 7.1x
EV/EBITDA now vs peer median 29.6xmedian 27.5x 30.9xmedian 27.5x 12.8xmedian 27.5x
P/FCF now vs peer median 40.0xmedian 37.2x 41.8xmedian 37.2x 24.4xmedian 37.2x
P/B now vs peer median 5.9xmedian 4.2x 6.4xmedian 4.2x 3.5xmedian 4.2x
PEG now vs peer median 11.12median 2.23 -2.41median 2.23 26.03median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsADIMCHPUMC
Revenue $13.88B $5.12B $13.76B
Gross profit $9.13B $3.08B $2.47B
Operating income $4.93B $794.80M $1.60B
Net income $4.14B $478.40M $2.62B
Free cash flow $4.94B $985.70M $1.98B
R&D $1.98B $1.14B $609.13M
EPS (diluted) $8.46 $0.67 $1.07
Cash & equivalents $2.17B $272.30M $3.91B
Total debt $9.12B $5.36B $4.90B
Shares (diluted) 488.84M 550.50M 2.47B
Enterprise value $191.14B $42.35B $32.75B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricADIMCHPUMC
P/E 47.9x 112.1x 17.8x
P/FCF 40.0x 41.8x 24.4x
P/Operating cash flow 35.6x 34.4x 13.7x
P/S 14.2x 8.0x 3.5x
P/B 5.9x 6.4x 3.5x
P/Tangible book 7.6x 9.3x 3.5x
EV/EBITDA 29.6x 30.9x 12.8x
EV/EBIT 41.4x 58.3x 28.3x
EV/Revenue 14.7x 9.0x 3.3x
EV/FCF 41.4x 47.0x 22.8x
EV/Operating cash flow 36.9x 38.7x 12.8x
PEG (3Y EPS CAGR) 11.12 -2.41 26.03

Growth

14 metrics
MetricADIMCHPUMC
Revenue growth (1Y) 33.6% 20.9% 85.6%
Revenue CAGR (3Y) 2.6% -16.4% 18.5%
Gross profit growth (1Y) 46.2% 33.6% 11.3%
Gross profit CAGR (3Y) 2.9% -19.7% -10.1%
Operating income growth (1Y) 93.0% 627.2% 9.6%
Operating income CAGR (3Y) 4.8% -37.9% -16.5%
Net income growth (1Y) 111.2% 422.4% 104.8%
Net income CAGR (3Y) 3.3% -41.6% -0.2%
EPS growth (1Y) 114.6% 301.6% 116.8%
EPS CAGR (3Y) 4.3% -46.5% 0.7%
Operating cash flow growth (1Y) 33.2% 50.4% 17.5%
Operating cash flow CAGR (3Y) 5.1% -31.8% -3.7%
Free cash flow growth (1Y) 34.2% 67.1% 447.4%
Free cash flow CAGR (3Y) 10.2% -32.4% -7.5%

Profitability

14 metrics
MetricADIMCHPUMC
Gross margin 65.8% 60.2% 18.0%
EBITDA margin 49.8% 29.3% 25.6%
Operating margin 35.5% 15.5% 11.6%
Pretax margin 33.9% 11.3% 30.3%
Net margin 29.8% 7.2% 19.1%
FCF margin 35.6% 19.2% 14.4%
Operating cash flow margin 39.9% 23.4% 25.6%
Return on equity 12.3% 7.4% 19.7%
Return on assets 8.6% 3.3% 13.2%
Return on invested capital 10.2% 5.5% 10.6%
Return on capital employed 11.6% 6.1% 9.7%
Asset turnover 0.3x 0.4x 0.7x
Cash conversion (OCF / net income) 1.3x 2.5x 1.3x
Stock comp / revenue 2.5% 5.4% 0.1%

Financial Health

11 metrics
MetricADIMCHPUMC
Debt / assets 18.8% 37.2% 3.5%
Debt / equity 0.3x 0.8x 0.1x
Net debt / EBITDA 1.0x 3.4x -0.9x
Debt / FCF 1.8x 5.4x 0.4x
Liabilities / assets 30.7% 55.2% 33.3%
Equity / assets 69.3% 44.8% 66.7%
Interest coverage 14.1x 3.7x 30.3x
Current ratio 1.3x 1.9x 2.2x
Quick ratio 0.8x 1.0x 1.6x
Cash ratio 0.4x 0.2x 1.2x
Altman Z-score 8.99 4.22 –

Shareholder Returns

7 metrics
MetricADIMCHPUMC
Dividend yield 1.1% 2.4% 2.1%
Net buyback yield 1.5% -0.2% –
Shareholder yield 2.6% 2.3% 2.1%
Payout ratio (earnings) 49.4% 206.0% –
Payout ratio (FCF) 41.4% 100.0% –
Dividend growth (1Y) 7.8% 0.7% –
Dividend CAGR (3Y) 7.6% 9.5% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusADIMCHPUMC
Forward P/E 33.1xFY2026 20.0xFY2026 17.4xFY2026
EPS, next fiscal year $12.33FY2026 $3.80FY2026 $1.10FY2026
EPS growth, next FY +58.3%FY2026 +131.7%FY2026 +107.5%FY2026
EPS growth, the year after +27.0% +23.9% -2.7%
Revenue, next fiscal year $15.85BFY2026 $6.62BFY2026 $8.52BFY2026
Revenue growth, next FY +43.8%FY2026 +40.6%FY2026 +12.1%FY2026
Revenue growth, the year after +19.8% +20.4% +24.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersADIMCHPUMC
Held by institutions 90.9% 100.0% 7.1%
Institutions holding 2,287 1,284 362
Change in shares held, QoQ +4.5% +7.0% +3.2%
Institutions buying 1,182 681 220
Institutions selling 819 432 109
Buyers to sellers 1.44 1.58 2.02

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ADIMCHPUMC
ADI 1.00 0.80 0.43
MCHP 0.80 1.00 0.40
UMC 0.43 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ADI, MCHP and UMC?

Analog Devices (ADI) is the largest by market capitalisation: Analog Devices (ADI) $204.61B, Microchip Technology (MCHP) $43.35B, United Microelectronics (UMC) $47.49B.

Which stock is cheaper, ADI, MCHP and UMC?

United Microelectronics (UMC) trades on the lowest price-to-earnings ratio (Analog Devices (ADI) 49.5x, Microchip Technology (MCHP) 118.1x, United Microelectronics (UMC) 18.1x). On next year's consensus earnings, United Microelectronics (UMC) is cheapest (Analog Devices (ADI) 33.1x, Microchip Technology (MCHP) 20.0x, United Microelectronics (UMC) 17.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

United Microelectronics (UMC) grew revenue fastest over the trailing twelve months: Analog Devices (ADI) +33.6%, Microchip Technology (MCHP) +20.9%, United Microelectronics (UMC) +85.6%.

Which company is more profitable?

Analog Devices (ADI) has the highest net margin (Analog Devices (ADI) 29.8%, Microchip Technology (MCHP) 7.2%, United Microelectronics (UMC) 19.1%). On return on invested capital, United Microelectronics (UMC) leads (Analog Devices (ADI) 10.2%, Microchip Technology (MCHP) 5.5%, United Microelectronics (UMC) 10.6%).

Which stock has performed better?

Over the past year United Microelectronics (UMC) returned the most: Analog Devices (ADI) +71.4%, Microchip Technology (MCHP) +20.2%, United Microelectronics (UMC) +154.4%. Over five years, Analog Devices (ADI) compounded fastest (Analog Devices (ADI) +19.1%/yr, Microchip Technology (MCHP) +1.0%/yr, United Microelectronics (UMC) +12.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Microchip Technology (MCHP) has the highest dividend yield: Analog Devices (ADI) 0.01%, Microchip Technology (MCHP) 0.02%, United Microelectronics (UMC) 0.00%. United Microelectronics (UMC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Analog Devices (ADI) has been the steadiest (Analog Devices (ADI) 36.5%, Microchip Technology (MCHP) 49.2%, United Microelectronics (UMC) 64.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ADI, MCHP and UMC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, United Microelectronics (UMC) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.