TPE/2303 (TPE/2303)

Taiwan Stock Exchange: TPE/2303 · TWD

NT$128

+5.50 (+4.5%)· Recorded snapshot

Market cap	1.6T
Revenue (ttm)	265.8B
Net income (ttm)	84.9B
EPS (ttm)	NT$6.73
Shares out	12.6B
P/E (trailing)	19.0x
P/E (forward)	19.2x
Dividend	NT$2.60 (2.03%)
Volume	88,988,574
Beta	1.71

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 265.8B
Net income (ttm): 84.9B
EPS (ttm): NT$6.73
P/E (trailing): 19.0x
P/E (forward): 19.2x
Market cap: 1.6T

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E19.2

P25 n/aP50 n/aP75 n/a

Trailing P/E19

P25 n/aP50 n/aP75 n/a

ROE20.4

P25 n/aP50 n/aP75 n/a

ROIC13.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.8%

Nasdaq Composite-1.0%

Dow Jones Industrial Average+1.9%

Russell 2000+0.3%

All TPE/2303 indicators

Market & fundamental data

Available fields

268

Groups with data

Currency

TWD

Showing 268 of 268 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	TWD
Country	Taiwan
Country code	TW
Earnings date	2026-10-28
Employees	19,577
Employees change	-352
Employees growth	-1.77%
Enterprise value	TWD 1.5T
Exchange	Taiwan Stock Exchange
Financial currency	TWD
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1980
Industry	Semiconductors
Is primary listing	Yes
ISIN number	TW0002303005
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Last stock split date	2008-08-08
Last stock split type	Forward
Market cap	TWD 1.6T
Next earnings date	2026-10-28
Price	TWD 128.00
Price currency	TWD
Sector	Technology
SIC code	3674
Stock price date	2026-10-28
Symbol	tpe/2303
Website	https://www.umc.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	18.88x
Average P/E ratio (10Y)	16.51x
Average P/E ratio (3Y)	14.8x
Average P/E ratio (5Y)	12.29x
Earnings yield	5.26%
EV/Earnings	18.11x
EV/EBIT	17.88x
EV/EBITDA	10.33x
EV/FCF	21.58x
EV/Sales	5.79x
FCF / EV yield	4.63%
FCF yield	4.43%
Forward P/E	19.17x
Graham number	75.67845
Graham upside	-40.88%
Industry forward P/E	16.71x
Industry P/E	25.97x
Lynch fair value	TWD 72.17
Lynch upside	-43.62%
P/(FCF - SBC) ratio	22.78x
P/(OCF - SBC) ratio	13.63x
P/B ratio	3.42x
P/E ratio	19.02x
P/FCF ratio	22.59x
P/OCF ratio	13.56x
P/S ratio	6.06x
PEG ratio	0.87x
Price / tangible book value	3.45x
Price/EBITDA ratio	13.52x
Sector forward P/E	17.41x
Sector P/E	27.13x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	21.44%
EBITDA margin	44.8%
Effective tax rate	12.87%
FCF margin	26.81%
Gross margin	31.71%
Operating margin	21.44%
Pretax margin	36.58%
Profit margin	31.95%
Profit per employee	TWD 4.2M
Profitable quarters	30
Profitable years	17
Revenue per employee	TWD 13.3M
ROA	5.79%
ROA (5Y)	7.64%
ROCE	9.45%
ROE	20.37%
ROE (5Y)	18.54%
ROIC	13.09%
ROIC (5Y)	22.84%
SBC / revenue	0.22%
Tax / revenue	4.71%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	111.5%
EPS growth (Q)	10.08%
EPS growth (QoQ)	-61.13%
EPS growth 10Y	25.9%
EPS growth 3Y	6.63%
EPS growth 5Y	10.33%
EPS growth quarters	4
EPS growth years	0
FCF growth	46.5%
FCF growth (Q)	93.07%
FCF growth (QoQ)	-24.6%
FCF growth 5Y	15.59%
Gross profit growth	23.45%
Gross profit growth (Q)	43.02%
Gross profit growth 3Y	-1.81%
Gross profit growth 5Y	7.11%
Net income growth	111.47%
Net income growth (Q)	9.69%
Net income growth (QoQ)	-61.11%
Net income growth 3Y	7.09%
Net income growth 5Y	10.72%
Net income growth quarters	4
Net income growth years	0
OCF growth	18.89%
OCF growth (Q)	43.36%
OCF growth (QoQ)	-10.93%
OCF growth 10Y	9.86%
OCF growth 3Y	5.62%
OCF growth 5Y	8.32%
Operating income growth	30.53%
Operating income growth (Q)	68.65%
Operating income growth 3Y	-6.1%
Operating income growth 5Y	7.57%
Revenue growth	12.57%
Revenue growth (Q)	25.56%
Revenue growth (QoQ)	8.01%
Revenue growth 10Y	6.37%
Revenue growth 3Y	4.13%
Revenue growth 5Y	5.94%
Revenue growth quarters	3
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	TWD -47.4B
Depreciation and amortization	TWD 62.1B
EBIT	TWD 57B
EBITDA	TWD 119.1B
EPS	TWD 6.73
FCF per share	TWD 5.67
Financing cash flow	TWD -40.4B
Free cash flow	TWD 71.3B
Free cash flow minus SBC	TWD 70.7B
Gross profit	TWD 84.3B
Income taxes	TWD 12.5B
Investing cash flow	TWD -44.8B
Net borrowing	TWD -4B
Net cash flow	TWD 38.4B
Net income	TWD 84.9B
Operating cash flow minus SBC	TWD 118.1B
Operating income	TWD 57B
Revenue	TWD 265.8B
Stock-based compensation	TWD 580.4M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	TWD 37.82
Debt / EBITDA	0.66
Debt / equity	0.17
Debt / FCF	1.12
Interest coverage	39.08
Long-term assets	TWD 436.9B
Long-term liabilities	TWD 131.9B
Net cash (debt)	TWD 71.9B
Net cash / market cap	4.47%
Net cash growth	147.69%
Net debt / EBITDA	-0.6
Net debt / equity	-0.15
Net debt / FCF	-1.01
Piotroski F-Score	7
Property, plant and equipment	TWD 260.8B
Shareholders' equity	TWD 470.9B
Tangible book value	TWD 466.2B
Tangible book value per share	TWD 37.45
Total assets	TWD 675.8B
Total cash	TWD 151.6B
Total debt	TWD 79.6B
Total liabilities	TWD 204.9B
WACC	13.07%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.43
Current assets	TWD 238.9B
Current liabilities	TWD 73B
Current ratio	3.27
Inventory turnover	4.94
Net working capital	TWD 27B
Quick ratio	2.69
Working capital	TWD 165.9B
Working capital turnover	1.92

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.05%
Dividend growth	-8.49%
Dividend growth (10Y)	16.53%
Dividend growth (3Y)	-10.19%
Dividend growth (5Y)	10.27%
Dividend growth years	0
Dividend payment date	2026-07-30
Dividend payment years	17
Dividend payout frequency	Annual
Dividend per share	TWD 2.60
Dividend yield	2.03%
Ex-dividend date	2026-07-08
FCF payout ratio	52.72%
Last dividend	TWD 2.61
Payout ratio	38.5%
Shareholder yield	1.99%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	1,013.04%
10Y return CAGR	33.31%
10Y total return	1,671.27%
150-day SMA	TWD 120.65
15Y price change	869.7%
15Y return CAGR	21.52%
15Y total return	1,760.87%
1D price change	4.49%
1M price change	-16.88%
1M total return	-16.88%
1Y price change	180.7%
1Y return CAGR	185.71%
1Y total return	185.51%
20-day SMA	TWD 141.95
200-day SMA	TWD 105.59
20Y price change	410.98%
20Y return CAGR	14.21%
20Y total return	1,325.7%
3M price change	1.59%
3M total return	1.59%
3Y price change	174.68%
3Y return CAGR	46.42%
3Y total return	213.97%
50-day SMA	TWD 136.87
50-day SMA vs 200-day SMA	50over200
52-week high	TWD 185.50
52-week high date	2026-06-25
52-week low	TWD 43.80
52-week low date	2025-11-18
5Y price change	106.79%
5Y return CAGR	21.97%
5Y total return	169.91%
6M price change	76.07%
6M total return	79.08%
All-time high	TWD 185.50
All-time high date	2026-06-24
All-time low	TWD 2.21
All-time low date	1992-07-23
Average true range (ATR)	TWD 6.22
Average volume	135.9M
Beta (1Y)	1.37
Beta (2Y)	0.96
Beta (5Y)	1.71
Change from 52-week high	-31%
Change from 52-week low	192.24%
Change from all-time high	-31%
Change from all-time low	5,684%
Change from open	0.79%
Day's gap	3.67%
Dollar volume	TWD 11.4B
High price	TWD 128.50
Low price	TWD 124.50
Monthly RSI	62.27
Open price	TWD 127.00
Position in 52-week range	87.5%
Previous close	TWD 122.50
Price vs 150-day SMA	6.09%
Price vs 20-day SMA	-9.83%
Price vs 200-day SMA	21.23%
Price vs 50-day SMA	-6.48%
Relative volume	0.67
RSI	38.67
Sharpe ratio	1.89
Sharpe ratio (3Y)	1
Sharpe ratio (5Y)	0.65
Sortino ratio	3.17
Sortino ratio (3Y)	1.73
Sortino ratio (5Y)	1.16
Volume	89M
Weekly RSI	53.85
YTD price change	159.9%
YTD total return	164.35%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	10.8B
Shares change (QoQ)	0.03%
Shares change (YoY)	0.05%
Shares held by insiders	1.39%
Shares held by institutions	50.46%
Shares outstanding	12.6B

Deeper analysis on TPE/2303

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this TPE/2303 report

Is a complete TPE/2303 research report available?

No complete published report is available for tpe/2303 (TPE/2303) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

1.6T

Revenue (ttm)

265.8B

Net income (ttm)

84.9B

EPS (ttm)

NT$6.73

Shares out

12.6B

P/E (trailing)

19.0x

P/E (forward)

19.2x

Dividend

NT$2.60 (2.03%)

Volume

88,988,574

Beta

1.71

Metric

Value

Amount currency

TWD

Country

Taiwan

Country code

Earnings date

2026-10-28

Employees

19,577

Employees change

-352

Employees growth

-1.77%

Enterprise value

TWD 1.5T

Exchange

Taiwan Stock Exchange

Financial currency

TWD

Financial report date

2026-09-30

First seen

2026-05-10

Fiscal year end

December

Founded

1980

Industry

Semiconductors

Is primary listing

Yes

ISIN number

TW0002303005

Last earnings date

2026-10-28

Last refreshed

2026-10-28

Last stock split date

2008-08-08

Last stock split type

Forward

Market cap

TWD 1.6T

Next earnings date

2026-10-28

Price

TWD 128.00

Price currency

TWD

Sector

Technology

SIC code

3674

Stock price date

2026-10-28

Symbol

tpe/2303

Website

https://www.umc.com

Metric

Value

Adjusted P/E ratio

18.88x

Average P/E ratio (10Y)

16.51x

Average P/E ratio (3Y)

14.8x

Average P/E ratio (5Y)

12.29x

Earnings yield

5.26%

EV/Earnings

18.11x

EV/EBIT

17.88x

EV/EBITDA

10.33x

EV/FCF

21.58x

EV/Sales

5.79x

FCF / EV yield

4.63%

FCF yield

4.43%

Forward P/E

19.17x

Graham number

75.67845

Graham upside

-40.88%

Industry forward P/E

16.71x

Industry P/E

25.97x

Lynch fair value

TWD 72.17

Lynch upside

-43.62%

P/(FCF - SBC) ratio

22.78x

P/(OCF - SBC) ratio

13.63x

P/B ratio

3.42x

P/E ratio

19.02x

P/FCF ratio

22.59x

P/OCF ratio

13.56x

P/S ratio

6.06x

PEG ratio

0.87x

Price / tangible book value

3.45x

Price/EBITDA ratio

13.52x

Sector forward P/E

17.41x

Sector P/E

27.13x

Metric

Value

EBIT margin

21.44%

EBITDA margin

44.8%

Effective tax rate

12.87%

FCF margin

26.81%

Gross margin

31.71%

Operating margin

21.44%

Pretax margin

36.58%

Profit margin

31.95%

Profit per employee

TWD 4.2M

Profitable quarters

Profitable years

Revenue per employee

TWD 13.3M

ROA

5.79%

ROA (5Y)

7.64%

ROCE

9.45%

ROE

20.37%

ROE (5Y)

18.54%

ROIC

13.09%

ROIC (5Y)

22.84%

SBC / revenue

0.22%

Tax / revenue

4.71%

Metric

Value

EPS growth

111.5%

EPS growth (Q)

10.08%

EPS growth (QoQ)

-61.13%

EPS growth 10Y

25.9%

EPS growth 3Y

6.63%

EPS growth 5Y

10.33%

EPS growth quarters

EPS growth years

FCF growth

46.5%

FCF growth (Q)

93.07%

FCF growth (QoQ)

-24.6%

FCF growth 5Y

15.59%

Gross profit growth

23.45%

Gross profit growth (Q)

43.02%

Gross profit growth 3Y

-1.81%

Gross profit growth 5Y

7.11%

Net income growth

111.47%

Net income growth (Q)

9.69%

Net income growth (QoQ)

-61.11%

Net income growth 3Y

7.09%

Net income growth 5Y

10.72%

Net income growth quarters

Net income growth years

OCF growth

18.89%

OCF growth (Q)

43.36%

OCF growth (QoQ)

-10.93%

OCF growth 10Y

9.86%

OCF growth 3Y

5.62%

OCF growth 5Y

8.32%

Operating income growth

30.53%

Operating income growth (Q)

68.65%

Operating income growth 3Y

-6.1%

Operating income growth 5Y

7.57%

Revenue growth

12.57%

Revenue growth (Q)

25.56%

Revenue growth (QoQ)

8.01%

Revenue growth 10Y

6.37%

Revenue growth 3Y

4.13%

Revenue growth 5Y

5.94%

Revenue growth quarters

Revenue growth years

Metric

Value

Capital expenditures

TWD -47.4B

Depreciation and amortization

TWD 62.1B

EBIT

TWD 57B

EBITDA

TWD 119.1B

EPS

TWD 6.73

FCF per share

TWD 5.67

Financing cash flow

TWD -40.4B

Free cash flow

TWD 71.3B

Free cash flow minus SBC

TWD 70.7B

Gross profit

TWD 84.3B

Income taxes

TWD 12.5B

Investing cash flow

TWD -44.8B

Net borrowing

TWD -4B

Net cash flow

TWD 38.4B

Net income

TWD 84.9B

Operating cash flow minus SBC

TWD 118.1B

Operating income

TWD 57B

Revenue

TWD 265.8B

Stock-based compensation

TWD 580.4M

Metric

Value

Book value per share

TWD 37.82

Debt / EBITDA

0.66

Debt / equity

0.17

Debt / FCF

1.12

Interest coverage

39.08

Long-term assets

TWD 436.9B

Long-term liabilities

TWD 131.9B

Net cash (debt)

TWD 71.9B

Net cash / market cap

4.47%

Net cash growth

147.69%

Net debt / EBITDA

-0.6

Net debt / equity

-0.15

Net debt / FCF

-1.01

Piotroski F-Score

Property, plant and equipment

TWD 260.8B

Shareholders' equity

TWD 470.9B

Tangible book value

TWD 466.2B

Tangible book value per share

TWD 37.45

Total assets

TWD 675.8B

Total cash

TWD 151.6B

Total debt

TWD 79.6B

Total liabilities

TWD 204.9B

WACC

13.07%

Metric

Value

Asset turnover

0.43

Current assets

TWD 238.9B

Current liabilities

TWD 73B

Current ratio

3.27

Inventory turnover

4.94

Net working capital

TWD 27B

Quick ratio

2.69

Working capital

TWD 165.9B

Working capital turnover

1.92

Metric

Value

Buyback yield / dilution

-0.05%

Dividend growth

-8.49%

Dividend growth (10Y)

16.53%

Dividend growth (3Y)

-10.19%

Dividend growth (5Y)

10.27%

Dividend growth years

Dividend payment date

2026-07-30

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

TWD 2.60

Dividend yield

2.03%

Ex-dividend date

2026-07-08

FCF payout ratio

52.72%

Last dividend

TWD 2.61

Payout ratio

38.5%

Shareholder yield

1.99%

Metric

Value

10Y price change

1,013.04%

10Y return CAGR

33.31%

10Y total return

1,671.27%

150-day SMA

TWD 120.65

15Y price change

869.7%

15Y return CAGR

21.52%

15Y total return

1,760.87%

1D price change

4.49%

1M price change

-16.88%

1M total return

-16.88%

1Y price change

180.7%

1Y return CAGR

185.71%

1Y total return

185.51%

20-day SMA

TWD 141.95

200-day SMA

TWD 105.59

20Y price change

410.98%

20Y return CAGR

14.21%

20Y total return

1,325.7%

3M price change

1.59%

3M total return

1.59%

3Y price change

174.68%

3Y return CAGR

46.42%

3Y total return

213.97%

50-day SMA

TWD 136.87

50-day SMA vs 200-day SMA

50over200

52-week high

TWD 185.50

52-week high date

2026-06-25

52-week low

TWD 43.80

52-week low date

2025-11-18

5Y price change

106.79%

5Y return CAGR

21.97%

5Y total return

169.91%

6M price change

76.07%

6M total return

79.08%

All-time high

TWD 185.50

All-time high date

2026-06-24

All-time low

TWD 2.21

All-time low date

1992-07-23

Average true range (ATR)

TWD 6.22

Average volume

135.9M

Beta (1Y)

1.37

Beta (2Y)

0.96

Beta (5Y)

1.71

Change from 52-week high

-31%

Change from 52-week low

192.24%

Change from all-time high

-31%

Change from all-time low

5,684%

Change from open

0.79%

Day's gap

3.67%

Dollar volume

TWD 11.4B

High price

TWD 128.50

Low price

TWD 124.50

Monthly RSI

62.27

Open price

TWD 127.00

Position in 52-week range

87.5%

Previous close

TWD 122.50

Price vs 150-day SMA

6.09%

Price vs 20-day SMA

-9.83%

Price vs 200-day SMA

21.23%

Price vs 50-day SMA

-6.48%

Relative volume

0.67

RSI

38.67

Sharpe ratio

1.89

Sharpe ratio (3Y)

Sharpe ratio (5Y)

0.65

Sortino ratio

3.17

Sortino ratio (3Y)

1.73

Sortino ratio (5Y)

1.16

Volume

89M

Weekly RSI

53.85

YTD price change

159.9%

YTD total return

164.35%

Metric

Value

Float

10.8B

Shares change (QoQ)

0.03%

Shares change (YoY)

0.05%

Shares held by insiders

1.39%

Shares held by institutions

50.46%

Shares outstanding

12.6B

TPE/2303 (TPE/2303)

Price

Financial snapshot

Fair-value bridge

Latest news · TPE/2303

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TPE/2303 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TPE/2303

Frequently asked questions

TPE/2303 (TPE/2303)

Price

Financial snapshot

Fair-value bridge

Latest news · TPE/2303

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TPE/2303 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TPE/2303

Frequently asked questions