UMC vs ADI vs TXN Stock Comparison

United Microelectronics, Analog Devices and Texas Instruments Prices as of Oct 27, 2026 Peers: Industry group
UMC United Microelectronics Corp
$19.47 -19.9% 1M +157.2% 1Y
Market cap
$49.02B
P/E
18.1x
Revenue (TTM)
$13.76B
Div. yield
2.05%
Semiconductor Manufacturing Technology
7 wins
ADI Analog Devices Inc
$425.35 +8.1% 1M +75.0% 1Y
Market cap
$206.11B
P/E
50.0x
Revenue (TTM)
$13.88B
Div. yield
1.01%
Semiconductor Manufacturing Technology
2 wins
TXN Texas Instruments Inc
$308.91 +11.1% 1M +82.3% 1Y
Market cap
$282.27B
P/E
39.9x
Revenue (TTM)
$20.77B
Div. yield
1.84%
Semiconductor Manufacturing Technology
3 wins

Head to Head

12 decided of 12

United Microelectronics leads on 7 of the 12 questions below (United Microelectronics 7, Texas Instruments 3, Analog Devices 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionUMCADITXNLeader
Larger companyMarket capitalisation $49.02B $206.11B $282.27B TXN
Cheaper on earningsLower P/E, profitable companies only 18.1x 50.0x 39.9x UMC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.7x 34.5x 36.0x UMC
Faster revenue growthRevenue growth, trailing twelve months +85.6% +33.6% +20.3% UMC
More profitableNet margin, trailing twelve months 19.1% 29.8% 34.1% TXN
Better return on capitalReturn on invested capital 10.6% 10.2% 22.9% TXN
Less leveragedLower net debt / EBITDA -0.9x 1.0x 0.5x UMC
Higher dividend yieldTrailing dividend yield 2.05% 1.01% 1.84% UMC
Better 1-year returnPrice return, last 12 months +157.2% +75.0% +82.3% UMC
Better 5-year returnAnnualised price return, 5 years +13.0%/yr +19.8%/yr +10.5%/yr ADI
Less volatileAnnualised volatility, 1 year 64.4% 36.6% 41.9% ADI
Higher overall scoreMean of the five percentile scores vs peers 72/100 62/100 69/100 UMC

Percentile Scorecard

UMCADITXN

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

AxisUMCADITXN
Valuation 83 #17 of 94 50 #48 of 94 56 #42 of 94
Growth 56 #41 of 92 80 #19 of 92 71 #27 of 92
Profitability 73 #25 of 90 82 #17 of 90 98 #3 of 90
Financial Health 55 #45 of 99 31 #69 of 99 42 #58 of 99
Shareholder Returns 93 #6 of 73 69 #23 of 73 76 #18 of 73
Overall 72 62 69
  • UMC ranked among 103 companies in Semiconductors
  • ADI ranked among 103 companies in Semiconductors
  • TXN ranked among 103 companies in Semiconductors

Price Performance

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

Returns

PeriodUMCADITXNSPY
1 month -19.9%+8.1%+11.1% -0.2%
3 months +12.1%+16.3%+11.5% +3.9%
6 months +67.0%+11.0%+16.6% +8.2%
Year to date +147.7%+56.8%+78.1% +12.9%
1 year +157.2%+75.0%+82.3% +12.3%
3 years +175.4%+164.9%+115.8% +87.4%
3 years, per year +40.2%+38.4%+29.3% +23.3%
5 years +83.9%+146.6%+64.4% +67.9%
5 years, per year +13.0%+19.8%+10.5% +10.9%
10 years +958.2%+572.3%+336.7% +261.1%
10 years, per year +26.6%+21.0%+15.9% +13.7%

Risk

MeasureUMCADITXNSPY
Volatility, 1Y 64.4%36.6%41.9% 12.7%
Downside volatility, 1Y 56.8%36.5%35.4% 12.7%
Beta vs S&P 500, 1Y 1.791.731.49 1.00
Return / volatility, 1Y 2.442.051.96 0.97
Max drawdown, 5Y -57.3%-32.5%-33.9% -25.4%
From 52-week high -30.5%-4.5%-7.0% -1.2%
52-week high $28.01$445.48$332.28 $779.14
52-week low $7.02$225.20$153.33 $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.

MultipleUMCADITXN
P/E now vs peer median 18.1xmedian 45.6x 50.0xmedian 45.6x 39.9xmedian 45.6x
P/S now vs peer median 3.6xmedian 7.7x 14.8xmedian 7.7x 13.6xmedian 7.7x
EV/EBITDA now vs peer median 13.0xmedian 29.0x 30.8xmedian 29.0x 26.8xmedian 29.0x
P/FCF now vs peer median 24.8xmedian 40.6x 41.7xmedian 40.6x 38.6xmedian 40.6x
P/B now vs peer median 3.5xmedian 4.6x 6.1xmedian 4.6x 14.7xmedian 4.6x
PEG now vs peer median 26.42median 2.28 11.59median 2.28 -269.15median 2.28

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 monthsUMCADITXN
Revenue $13.76B $13.88B $20.77B
Gross profit $2.47B $9.13B $12.51B
Operating income $1.60B $4.93B $8.47B
Net income $2.62B $4.14B $7.11B
Free cash flow $1.98B $4.94B $7.32B
R&D $609.13M $1.98B $2.10B
EPS (diluted) $1.07 $8.46 $7.68
Cash & equivalents $3.91B $2.17B $4.21B
Total debt $4.90B $9.12B $13.56B
Shares (diluted) 2.47B 488.84M 921.00M
Enterprise value $34.27B $192.64B $257.15B

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
MetricUMCADITXN
P/E 18.1x 50.0x 39.9x
P/FCF 24.8x 41.7x 38.6x
P/Operating cash flow 13.9x 37.2x 28.5x
P/S 3.6x 14.8x 13.6x
P/B 3.5x 6.1x 14.7x
P/Tangible book 3.5x 7.9x 14.9x
EV/EBITDA 13.0x 30.8x 26.8x
EV/EBIT 28.7x 43.1x 34.0x
EV/Revenue 3.3x 15.3x 13.9x
EV/FCF 23.2x 43.1x 39.3x
EV/Operating cash flow 13.0x 38.4x 29.1x
PEG (3Y EPS CAGR) 26.42 11.59 -269.15

Growth

14 metrics
MetricUMCADITXN
Revenue growth (1Y) 85.6% 33.6% 20.3%
Revenue CAGR (3Y) 18.5% 2.6% 4.7%
Gross profit growth (1Y) 11.3% 46.2% 26.0%
Gross profit CAGR (3Y) -10.1% 2.9% 2.3%
Operating income growth (1Y) 9.6% 93.0% 42.8%
Operating income CAGR (3Y) -16.5% 4.8% 2.0%
Net income growth (1Y) 104.8% 111.2% 41.0%
Net income CAGR (3Y) -0.2% 3.3% 0.1%
EPS growth (1Y) 116.8% 114.6% 39.9%
EPS CAGR (3Y) 0.7% 4.3% -0.1%
Operating cash flow growth (1Y) 17.5% 33.2% 43.5%
Operating cash flow CAGR (3Y) -3.7% 5.1% 14.8%
Free cash flow growth (1Y) 447.4% 34.2% 251.8%
Free cash flow CAGR (3Y) -7.5% 10.2% 64.4%

Profitability

14 metrics
MetricUMCADITXN
Gross margin 18.0% 65.8% 60.2%
EBITDA margin 25.6% 49.8% 51.7%
Operating margin 11.6% 35.5% 40.8%
Pretax margin 30.3% 33.9% 39.1%
Net margin 19.1% 29.8% 34.1%
FCF margin 14.4% 35.6% 35.2%
Operating cash flow margin 25.6% 39.9% 47.7%
Return on equity 19.7% 12.3% 38.3%
Return on assets 13.2% 8.6% 19.6%
Return on invested capital 10.6% 10.2% 22.9%
Return on capital employed 9.7% 11.6% 25.4%
Asset turnover 0.7x 0.3x 0.6x
Cash conversion (OCF / net income) 1.3x 1.3x 1.4x
Stock comp / revenue 0.1% 2.5% 2.0%

Financial Health

11 metrics
MetricUMCADITXN
Debt / assets 3.5% 18.8% 36.8%
Debt / equity 0.1x 0.3x 0.7x
Net debt / EBITDA -0.9x 1.0x 0.5x
Debt / FCF 0.4x 1.8x 1.9x
Liabilities / assets 33.3% 30.7% 47.9%
Equity / assets 66.7% 69.3% 52.1%
Interest coverage 30.3x 14.1x 15.0x
Current ratio 2.2x 1.3x 5.6x
Quick ratio 1.6x 0.8x 3.6x
Cash ratio 1.2x 0.4x 2.7x
Altman Z-score – 9.33 13.43

Shareholder Returns

7 metrics
MetricUMCADITXN
Dividend yield 2.1% 1.0% 1.8%
Net buyback yield – 1.5% -0.1%
Shareholder yield 2.1% 2.5% 1.8%
Payout ratio (earnings) – 49.4% –
Payout ratio (FCF) – 41.4% –
Dividend growth (1Y) – 7.8% –
Dividend CAGR (3Y) – 7.6% –

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.

ConsensusUMCADITXN
Forward P/E 17.7xFY2026 34.5xFY2026 36.0xFY2026
EPS, next fiscal year $1.10FY2026 $12.33FY2026 $8.57FY2026
EPS growth, next FY +107.5%FY2026 +58.3%FY2026 +57.2%FY2026
EPS growth, the year after -2.7% +27.0% +28.2%
Revenue, next fiscal year $8.52BFY2026 $15.85BFY2026 $23.00BFY2026
Revenue growth, next FY +12.1%FY2026 +43.8%FY2026 +30.1%FY2026
Revenue growth, the year after +24.7% +19.8% +8.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersUMCADITXN
Held by institutions 7.1% 90.9% 89.1%
Institutions holding 362 2,288 2,865
Change in shares held, QoQ +3.2% +4.5% +3.6%
Institutions buying 220 1,182 1,586
Institutions selling 109 820 942
Buyers to sellers 2.02 1.44 1.68

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.

UMCADITXN
UMC 1.00 0.43 0.31
ADI 0.43 1.00 0.82
TXN 0.31 0.82 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, UMC, ADI and TXN?

Texas Instruments (TXN) is the largest by market capitalisation: United Microelectronics (UMC) $49.02B, Analog Devices (ADI) $206.11B, Texas Instruments (TXN) $282.27B.

Which stock is cheaper, UMC, ADI and TXN?

United Microelectronics (UMC) trades on the lowest price-to-earnings ratio (United Microelectronics (UMC) 18.1x, Analog Devices (ADI) 50.0x, Texas Instruments (TXN) 39.9x). On next year's consensus earnings, United Microelectronics (UMC) is cheapest (United Microelectronics (UMC) 17.7x, Analog Devices (ADI) 34.5x, Texas Instruments (TXN) 36.0x). 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: United Microelectronics (UMC) +85.6%, Analog Devices (ADI) +33.6%, Texas Instruments (TXN) +20.3%.

Which company is more profitable?

Texas Instruments (TXN) has the highest net margin (United Microelectronics (UMC) 19.1%, Analog Devices (ADI) 29.8%, Texas Instruments (TXN) 34.1%). On return on invested capital, Texas Instruments (TXN) leads (United Microelectronics (UMC) 10.6%, Analog Devices (ADI) 10.2%, Texas Instruments (TXN) 22.9%).

Which stock has performed better?

Over the past year United Microelectronics (UMC) returned the most: United Microelectronics (UMC) +157.2%, Analog Devices (ADI) +75.0%, Texas Instruments (TXN) +82.3%. Over five years, Analog Devices (ADI) compounded fastest (United Microelectronics (UMC) +13.0%/yr, Analog Devices (ADI) +19.8%/yr, Texas Instruments (TXN) +10.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

United Microelectronics (UMC) has the highest dividend yield: United Microelectronics (UMC) 2.05%, Analog Devices (ADI) 1.01%, Texas Instruments (TXN) 1.84%.

Which stock is riskier?

By one-year price volatility, Analog Devices (ADI) has been the steadiest (United Microelectronics (UMC) 64.4%, Analog Devices (ADI) 36.6%, Texas Instruments (TXN) 41.9%). Volatility measures how widely the price swings, not the risk of the business.

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

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.