DLB vs AMD vs UMC Stock Comparison

Dolby Laboratories, Advanced Micro Devices and United Microelectronics Prices as of Oct 26, 2026 Peers: Industry group
DLB Dolby Laboratories, Inc.
$63.13 +7.7% 1M -6.3% 1Y
Market cap
$5.94B
P/E
26.3x
Revenue (TTM)
$1.35B
Div. yield
0.02%
Semiconductor EDA Software Technology
2 wins
AMD Advanced Micro Devices Inc
$531.28 -15.8% 1M +110.1% 1Y
Market cap
$912.58B
P/E
141.8x
Revenue (TTM)
$41.31B
Div. yield
–
Semiconductor Design Technology
3 wins
UMC United Microelectronics Corp
$19.18 -21.1% 1M +154.4% 1Y
Market cap
$47.44B
P/E
18.0x
Revenue (TTM)
$13.76B
Div. yield
–
Semiconductor Manufacturing Technology
6 wins

Head to Head

11 decided of 12

United Microelectronics leads on 6 of the 12 questions below (United Microelectronics 6, Advanced Micro Devices 3, Dolby Laboratories 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDLBAMDUMCLeader
Larger companyMarket capitalisation $5.94B $912.58B $47.44B AMD
Cheaper on earningsLower P/E, profitable companies only 26.3x 141.8x 18.0x UMC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.1x 72.0x 17.4x DLB
Faster revenue growthRevenue growth, trailing twelve months +0.6% +39.5% +85.6% UMC
More profitableNet margin, trailing twelve months 16.7% 15.6% 19.1% UMC
Better return on capitalReturn on invested capital — 8.0% 10.6% UMC
Less leveragedLower net debt / EBITDA — -1.0x -0.9x AMD
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -6.3% +110.1% +154.4% UMC
Better 5-year returnAnnualised price return, 5 years -6.4%/yr +34.2%/yr +12.1%/yr AMD
Less volatileAnnualised volatility, 1 year 30.3% 68.4% 64.5% DLB
Higher overall scoreMean of the five percentile scores vs peers 66/100 60/100 72/100 UMC

Percentile Scorecard

DLBAMDUMC

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

AxisDLBAMDUMC
Valuation 86 #14 of 95 28 #69 of 95 82 #18 of 95
Growth 27 #68 of 93 96 #5 of 93 58 #40 of 93
Profitability 71 #27 of 91 67 #31 of 91 72 #26 of 91
Financial Health 62 #39 of 101 68 #33 of 101 56 #45 of 101
Shareholder Returns 84 #13 of 75 41 #45 of 75 91 #8 of 75
Overall 66 60 72
  • DLB ranked among 104 companies in Semiconductors
  • AMD 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

PeriodDLBAMDUMCSPY
1 month +7.7%-15.8%-21.1% -0.8%
3 months +23.1%+7.3%+0.5% +3.5%
6 months -0.8%+58.8%+64.1% +7.0%
Year to date -1.7%+148.1%+144.0% +12.2%
1 year -6.3%+110.1%+154.4% +13.0%
3 years -19.7%+450.9%+171.3% +86.3%
3 years, per year -7.1%+76.7%+39.5% +23.1%
5 years -28.0%+334.5%+76.6% +68.6%
5 years, per year -6.4%+34.2%+12.1% +11.0%
10 years +26.6%+7,187.8%+948.1% +258.0%
10 years, per year +2.4%+53.6%+26.5% +13.6%

Risk

MeasureDLBAMDUMCSPY
Volatility, 1Y 30.3%68.4%64.5% 12.7%
Downside volatility, 1Y 31.6%65.6%56.8% 12.7%
Beta vs S&P 500, 1Y 0.543.211.79 1.00
Return / volatility, 1Y -0.211.612.39 1.02
Max drawdown, 5Y -49.6%-65.4%-57.3% -25.4%
From 52-week high -8.6%-18.2%-31.5% -1.8%
52-week high $69.09$649.42$28.01 $779.14
52-week low $48.50$190.95$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.

MultipleDLBAMDUMC
P/E now vs peer median 26.3xmedian 42.1x 134.8xmedian 42.1x 17.8xmedian 42.1x
P/S now vs peer median 4.4xmedian 7.1x 21.0xmedian 7.1x 3.5xmedian 7.1x
EV/EBITDA now vs peer median 15.9xmedian 27.5x 90.1xmedian 27.5x 12.8xmedian 27.5x
P/FCF now vs peer median 15.2xmedian 37.2x 103.7xmedian 37.2x 24.4xmedian 37.2x
P/B now vs peer median 2.3xmedian 4.2x 12.9xmedian 4.2x 3.5xmedian 4.2x
PEG now vs peer median 12.63median 2.23 0.25median 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 monthsDLBAMDUMC
Revenue $1.35B $41.31B $13.76B
Gross profit $1.19B $21.98B $2.47B
Operating income $239.10M $6.49B $1.60B
Net income $228.00M $6.43B $2.62B
Free cash flow $392.67M $8.37B $1.98B
R&D $265.94M $9.39B $609.13M
EPS (diluted) $2.39 $3.88 $1.07
Cash & equivalents $669.39M $5.09B $3.91B
Total debt – $12.89B $4.90B
Shares (diluted) 94.52M 1.66B 2.47B
Enterprise value $3.33B $869.33B $32.70B

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
MetricDLBAMDUMC
P/E 26.3x 134.8x 17.8x
P/FCF 15.2x 103.7x 24.4x
P/Operating cash flow 13.6x 86.0x 13.7x
P/S 4.4x 21.0x 3.5x
P/B 2.3x 12.9x 3.5x
P/Tangible book 2.7x 16.8x 3.5x
EV/EBITDA 15.9x 90.1x 12.8x
EV/EBIT 22.1x 132.1x 28.3x
EV/Revenue 3.9x 20.8x 3.3x
EV/FCF 13.4x 102.5x 22.8x
EV/Operating cash flow 12.1x 85.0x 12.8x
PEG (3Y EPS CAGR) 12.63 0.25 26.03

Growth

14 metrics
MetricDLBAMDUMC
Revenue growth (1Y) 0.6% 39.5% 85.6%
Revenue CAGR (3Y) 1.7% 23.6% 18.5%
Gross profit growth (1Y) -0.5% 55.9% 11.3%
Gross profit CAGR (3Y) 1.5% 32.0% -10.1%
Operating income growth (1Y) -15.1% 186.2% 9.6%
Operating income CAGR (3Y) -1.0% 167.6% -16.5%
Net income growth (1Y) -14.2% 127.0% 104.8%
Net income CAGR (3Y) 1.3% 537.7% -0.2%
EPS growth (1Y) -12.3% 123.1% 116.8%
EPS CAGR (3Y) 2.1% 533.6% 0.7%
Operating cash flow growth (1Y) -6.0% 106.7% 17.5%
Operating cash flow CAGR (3Y) 9.5% 61.4% -3.7%
Free cash flow growth (1Y) -10.4% 106.9% 447.4%
Free cash flow CAGR (3Y) 9.3% 64.9% -7.5%

Profitability

14 metrics
MetricDLBAMDUMC
Gross margin 87.6% 53.2% 18.0%
EBITDA margin 24.5% 23.0% 25.6%
Operating margin 17.7% 15.7% 11.6%
Pretax margin 20.4% 18.3% 30.3%
Net margin 16.7% 15.6% 19.1%
FCF margin 29.0% 20.3% 14.4%
Operating cash flow margin 32.3% 24.4% 25.6%
Return on equity 8.7% 9.8% 19.7%
Return on assets 7.1% 7.8% 13.2%
Return on invested capital – 8.0% 10.6%
Return on capital employed 8.6% 9.3% 9.7%
Asset turnover 0.4x 0.5x 0.7x
Cash conversion (OCF / net income) 1.9x 1.6x 1.3x
Stock comp / revenue 9.6% 4.6% 0.1%

Financial Health

11 metrics
MetricDLBAMDUMC
Debt / assets – 3.8% 3.5%
Debt / equity – 0.0x 0.1x
Net debt / EBITDA – -1.0x -0.9x
Debt / FCF – 0.4x 0.4x
Liabilities / assets 17.9% 20.4% 33.3%
Equity / assets 82.1% 79.6% 66.7%
Interest coverage – 44.1x 30.3x
Current ratio 3.2x 2.6x 2.2x
Quick ratio 3.1x 1.7x 1.6x
Cash ratio 1.6x 1.1x 1.2x
Altman Z-score 8.51 31.29 –

Shareholder Returns

7 metrics
MetricDLBAMDUMC
Dividend yield 2.3% – 2.1%
Net buyback yield 3.5% 0.0% –
Shareholder yield 5.7% 0.0% 2.1%
Payout ratio (earnings) 58.9% – –
Payout ratio (FCF) 34.2% – –
Dividend growth (1Y) 8.6% – –
Dividend CAGR (3Y) 9.6% – –

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.

ConsensusDLBAMDUMC
Forward P/E 14.1xFY2026 72.0xFY2026 17.4xFY2026
EPS, next fiscal year $4.49FY2026 $7.38FY2026 $1.10FY2026
EPS growth, next FY +5.9%FY2026 +77.0%FY2026 +107.5%FY2026
EPS growth, the year after +4.7% +112.7% -2.7%
Revenue, next fiscal year $1.50BFY2026 $53.09BFY2026 $8.52BFY2026
Revenue growth, next FY +11.1%FY2026 +53.3%FY2026 +12.1%FY2026
Revenue growth, the year after -7.7% +60.7% +24.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDLBAMDUMC
Held by institutions 65.4% 72.5% 7.1%
Institutions holding 389 3,991 362
Change in shares held, QoQ +5.8% +10.7% +3.2%
Institutions buying 195 2,270 220
Institutions selling 148 1,456 109
Buyers to sellers 1.32 1.56 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.

DLBAMDUMC
DLB 1.00 -0.04 0.02
AMD -0.04 1.00 0.48
UMC 0.02 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DLB, AMD and UMC?

Advanced Micro Devices (AMD) is the largest by market capitalisation: Dolby Laboratories (DLB) $5.94B, Advanced Micro Devices (AMD) $912.58B, United Microelectronics (UMC) $47.44B.

Which stock is cheaper, DLB, AMD and UMC?

United Microelectronics (UMC) trades on the lowest price-to-earnings ratio (Dolby Laboratories (DLB) 26.3x, Advanced Micro Devices (AMD) 141.8x, United Microelectronics (UMC) 18.0x). On next year's consensus earnings, Dolby Laboratories (DLB) is cheapest (Dolby Laboratories (DLB) 14.1x, Advanced Micro Devices (AMD) 72.0x, 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: Dolby Laboratories (DLB) +0.6%, Advanced Micro Devices (AMD) +39.5%, United Microelectronics (UMC) +85.6%.

Which company is more profitable?

United Microelectronics (UMC) has the highest net margin (Dolby Laboratories (DLB) 16.7%, Advanced Micro Devices (AMD) 15.6%, United Microelectronics (UMC) 19.1%). On return on invested capital, United Microelectronics (UMC) leads (Advanced Micro Devices (AMD) 8.0%, United Microelectronics (UMC) 10.6%).

Which stock has performed better?

Over the past year United Microelectronics (UMC) returned the most: Dolby Laboratories (DLB) -6.3%, Advanced Micro Devices (AMD) +110.1%, United Microelectronics (UMC) +154.4%. Over five years, Advanced Micro Devices (AMD) compounded fastest (Dolby Laboratories (DLB) -6.4%/yr, Advanced Micro Devices (AMD) +34.2%/yr, United Microelectronics (UMC) +12.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Dolby Laboratories (DLB) 0.02%, Advanced Micro Devices (AMD) 0.00%, United Microelectronics (UMC) 0.00%. Advanced Micro Devices (AMD) and United Microelectronics (UMC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dolby Laboratories (DLB) has been the steadiest (Dolby Laboratories (DLB) 30.3%, Advanced Micro Devices (AMD) 68.4%, United Microelectronics (UMC) 64.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DLB, AMD 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 6. 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.