SNPS vs UMC vs DLB Stock Comparison

Synopsys, United Microelectronics and Dolby Laboratories Prices as of Oct 26, 2026 Peers: Industry group
SNPS Synopsys Inc
$454.33 +6.7% 1M -2.1% 1Y
Market cap
$90.88B
P/E
69.8x
Revenue (TTM)
$8.88B
Div. yield
–
Semiconductor EDA Software Technology
1 win
UMC United Microelectronics Corp
$19.18 -21.1% 1M +154.4% 1Y
Market cap
$47.64B
P/E
18.1x
Revenue (TTM)
$13.76B
Div. yield
–
Semiconductor Manufacturing Technology
8 wins
DLB Dolby Laboratories, Inc.
$63.13 +7.7% 1M -6.3% 1Y
Market cap
$5.91B
P/E
26.1x
Revenue (TTM)
$1.35B
Div. yield
0.02%
Semiconductor EDA Software Technology
2 wins

Head to Head

11 decided of 12

United Microelectronics leads on 8 of the 12 questions below (United Microelectronics 8, Dolby Laboratories 2, Synopsys 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSNPSUMCDLBLeader
Larger companyMarket capitalisation $90.88B $47.64B $5.91B SNPS
Cheaper on earningsLower P/E, profitable companies only 69.8x 18.1x 26.1x UMC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 31.2x 17.4x 14.1x DLB
Faster revenue growthRevenue growth, trailing twelve months +38.0% +85.6% +0.6% UMC
More profitableNet margin, trailing twelve months 14.7% 19.1% 16.7% UMC
Better return on capitalReturn on invested capital 1.8% 10.6% — UMC
Less leveragedLower net debt / EBITDA 2.8x -0.9x — UMC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months -2.1% +154.4% -6.3% UMC
Better 5-year returnAnnualised price return, 5 years +7.3%/yr +12.1%/yr -6.4%/yr UMC
Less volatileAnnualised volatility, 1 year 44.6% 64.5% 30.3% DLB
Higher overall scoreMean of the five percentile scores vs peers 41/100 72/100 66/100 UMC

Percentile Scorecard

SNPSUMCDLB

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

AxisSNPSUMCDLB
Valuation 45 #53 of 95 82 #18 of 95 86 #14 of 95
Growth 50 #47 of 93 58 #40 of 93 27 #68 of 93
Profitability 48 #48 of 91 72 #26 of 91 71 #27 of 91
Financial Health 20 #81 of 101 56 #45 of 101 62 #39 of 101
Shareholder Returns – 91 #8 of 75 84 #13 of 75
Overall 41 72 66
  • SNPS ranked among 104 companies in Semiconductors
  • UMC ranked among 104 companies in Semiconductors
  • DLB ranked among 104 companies in Semiconductors

Price Performance

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

Returns

PeriodSNPSUMCDLBSPY
1 month +6.7%-21.1%+7.7% -0.8%
3 months +16.8%+0.5%+23.1% +3.5%
6 months -8.9%+64.1%-0.8% +7.0%
Year to date -3.3%+144.0%-1.7% +12.2%
1 year -2.1%+154.4%-6.3% +13.0%
3 years -0.6%+171.3%-19.7% +86.3%
3 years, per year -0.2%+39.5%-7.1% +23.1%
5 years +42.4%+76.6%-28.0% +68.6%
5 years, per year +7.3%+12.1%-6.4% +11.0%
10 years +675.8%+948.1%+26.6% +258.0%
10 years, per year +22.7%+26.5%+2.4% +13.6%

Risk

MeasureSNPSUMCDLBSPY
Volatility, 1Y 44.6%64.5%30.3% 12.7%
Downside volatility, 1Y 42.7%56.8%31.6% 12.7%
Beta vs S&P 500, 1Y 1.671.790.54 1.00
Return / volatility, 1Y -0.052.39-0.21 1.02
Max drawdown, 5Y -42.3%-57.3%-49.6% -25.4%
From 52-week high -15.0%-31.5%-8.6% -1.8%
52-week high $534.56$28.01$69.09 $779.14
52-week low $372.33$7.02$48.50 $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.

MultipleSNPSUMCDLB
P/E now vs peer median 66.8xmedian 42.1x 17.8xmedian 42.1x 26.3xmedian 42.1x
P/S now vs peer median 9.8xmedian 7.1x 3.5xmedian 7.1x 4.4xmedian 7.1x
EV/EBITDA now vs peer median 40.5xmedian 27.5x 12.8xmedian 27.5x 15.9xmedian 27.5x
P/FCF now vs peer median 31.3xmedian 37.2x 24.4xmedian 37.2x 15.2xmedian 37.2x
P/B now vs peer median 2.8xmedian 4.2x 3.5xmedian 4.2x 2.3xmedian 4.2x
PEG now vs peer median 141.13median 2.23 26.03median 2.23 12.63median 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 monthsSNPSUMCDLB
Revenue $8.88B $13.76B $1.35B
Gross profit $6.53B $2.47B $1.19B
Operating income $847.20M $1.60B $239.10M
Net income $1.30B $2.62B $228.00M
Free cash flow – $1.98B $392.67M
R&D $2.81B $609.13M $265.94M
EPS (diluted) $6.77 $1.07 $2.39
Cash & equivalents $3.61B $3.91B $669.39M
Total debt $10.04B $4.90B –
Shares (diluted) 192.32M 2.47B 94.52M
Enterprise value $87.28B $32.89B $3.30B

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
MetricSNPSUMCDLB
P/E 66.8x 17.8x 26.3x
P/FCF 31.3x 24.4x 15.2x
P/Operating cash flow – 13.7x 13.6x
P/S 9.8x 3.5x 4.4x
P/B 2.8x 3.5x 2.3x
P/Tangible book 4.4x 3.5x 2.7x
EV/EBITDA 40.5x 12.8x 15.9x
EV/EBIT 110.3x 28.3x 22.1x
EV/Revenue 10.5x 3.3x 3.9x
EV/FCF – 22.8x 13.4x
EV/Operating cash flow – 12.8x 12.1x
PEG (3Y EPS CAGR) 141.13 26.03 12.63

Growth

14 metrics
MetricSNPSUMCDLB
Revenue growth (1Y) 38.0% 85.6% 0.6%
Revenue CAGR (3Y) 22.8% 18.5% 1.7%
Gross profit growth (1Y) 28.2% 11.3% -0.5%
Gross profit CAGR (3Y) 18.9% -10.1% 1.5%
Operating income growth (1Y) -23.3% 9.6% -15.1%
Operating income CAGR (3Y) -7.0% -16.5% -1.0%
Net income growth (1Y) -34.9% 104.8% -14.2%
Net income CAGR (3Y) 8.0% -0.2% 1.3%
EPS growth (1Y) -45.2% 116.8% -12.3%
EPS CAGR (3Y) 0.5% 0.7% 2.1%
Operating cash flow growth (1Y) – 17.5% -6.0%
Operating cash flow CAGR (3Y) – -3.7% 9.5%
Free cash flow growth (1Y) – 447.4% -10.4%
Free cash flow CAGR (3Y) – -7.5% 9.3%

Profitability

14 metrics
MetricSNPSUMCDLB
Gross margin 73.5% 18.0% 87.6%
EBITDA margin 26.0% 25.6% 24.5%
Operating margin 9.5% 11.6% 17.7%
Pretax margin 16.5% 30.3% 20.4%
Net margin 14.7% 19.1% 16.7%
FCF margin – 14.4% 29.0%
Operating cash flow margin – 25.6% 32.3%
Return on equity 4.2% 19.7% 8.7%
Return on assets 2.7% 13.2% 7.1%
Return on invested capital 1.8% 10.6% –
Return on capital employed 2.0% 9.7% 8.6%
Asset turnover 0.2x 0.7x 0.4x
Cash conversion (OCF / net income) – 1.3x 1.9x
Stock comp / revenue – 0.1% 9.6%

Financial Health

11 metrics
MetricSNPSUMCDLB
Debt / assets 21.0% 3.5% –
Debt / equity 0.3x 0.1x –
Net debt / EBITDA 2.8x -0.9x –
Debt / FCF – 0.4x –
Liabilities / assets 34.7% 33.3% 17.9%
Equity / assets 65.3% 66.7% 82.1%
Interest coverage 1.3x 30.3x –
Current ratio 1.3x 2.2x 3.2x
Quick ratio 1.0x 1.6x 3.1x
Cash ratio 0.7x 1.2x 1.6x
Altman Z-score 3.76 – 8.51

Shareholder Returns

7 metrics
MetricSNPSUMCDLB
Dividend yield – 2.1% 2.3%
Net buyback yield – – 3.5%
Shareholder yield – 2.1% 5.7%
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.

ConsensusSNPSUMCDLB
Forward P/E 31.2xFY2026 17.4xFY2026 14.1xFY2026
EPS, next fiscal year $14.56FY2026 $1.10FY2026 $4.49FY2026
EPS growth, next FY +12.8%FY2026 +107.5%FY2026 +5.9%FY2026
EPS growth, the year after +21.4% -2.7% +4.7%
Revenue, next fiscal year $10.20BFY2026 $8.52BFY2026 $1.50BFY2026
Revenue growth, next FY +44.6%FY2026 +12.1%FY2026 +11.1%FY2026
Revenue growth, the year after +12.8% +24.7% -7.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSNPSUMCDLB
Held by institutions 92.3% 7.1% 65.4%
Institutions holding 1,440 362 389
Change in shares held, QoQ +5.6% +3.2% +5.8%
Institutions buying 772 220 195
Institutions selling 493 109 148
Buyers to sellers 1.57 2.02 1.32

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.

SNPSUMCDLB
SNPS 1.00 0.25 0.20
UMC 0.25 1.00 0.02
DLB 0.20 0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SNPS, UMC and DLB?

Synopsys (SNPS) is the largest by market capitalisation: Synopsys (SNPS) $90.88B, United Microelectronics (UMC) $47.64B, Dolby Laboratories (DLB) $5.91B.

Which stock is cheaper, SNPS, UMC and DLB?

United Microelectronics (UMC) trades on the lowest price-to-earnings ratio (Synopsys (SNPS) 69.8x, United Microelectronics (UMC) 18.1x, Dolby Laboratories (DLB) 26.1x). On next year's consensus earnings, Dolby Laboratories (DLB) is cheapest (Synopsys (SNPS) 31.2x, United Microelectronics (UMC) 17.4x, Dolby Laboratories (DLB) 14.1x). 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: Synopsys (SNPS) +38.0%, United Microelectronics (UMC) +85.6%, Dolby Laboratories (DLB) +0.6%.

Which company is more profitable?

United Microelectronics (UMC) has the highest net margin (Synopsys (SNPS) 14.7%, United Microelectronics (UMC) 19.1%, Dolby Laboratories (DLB) 16.7%). On return on invested capital, United Microelectronics (UMC) leads (Synopsys (SNPS) 1.8%, United Microelectronics (UMC) 10.6%).

Which stock has performed better?

Over the past year United Microelectronics (UMC) returned the most: Synopsys (SNPS) -2.1%, United Microelectronics (UMC) +154.4%, Dolby Laboratories (DLB) -6.3%. Over five years, United Microelectronics (UMC) compounded fastest (Synopsys (SNPS) +7.3%/yr, United Microelectronics (UMC) +12.1%/yr, Dolby Laboratories (DLB) -6.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

By one-year price volatility, Dolby Laboratories (DLB) has been the steadiest (Synopsys (SNPS) 44.6%, United Microelectronics (UMC) 64.5%, Dolby Laboratories (DLB) 30.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SNPS, UMC and DLB?

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 8. 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.