As of 2025-05-10, the Intrinsic Value of United Microelectronics Corp (2303.TW) is 66.74 TWD. This 2303.TW valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 45.55 TWD, the upside of United Microelectronics Corp is 46.50%.
The range of the Intrinsic Value is 50.67 - 102.70 TWD
Based on its market price of 45.55 TWD and our intrinsic valuation, United Microelectronics Corp (2303.TW) is undervalued by 46.50%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 50.67 - 102.70 | 66.74 | 46.5% |
| DCF (Growth 10y) | 56.11 - 107.45 | 72.13 | 58.3% |
| DCF (EBITDA 5y) | 61.41 - 100.79 | 74.60 | 63.8% |
| DCF (EBITDA 10y) | 66.94 - 110.48 | 81.81 | 79.6% |
| Fair Value | 88.65 - 88.65 | 88.65 | 94.62% |
| P/E | 46.88 - 55.78 | 50.96 | 11.9% |
| EV/EBITDA | 44.30 - 76.79 | 53.05 | 16.5% |
| EPV | 32.78 - 43.80 | 38.29 | -15.9% |
| DDM - Stable | 29.32 - 82.19 | 55.76 | 22.4% |
| DDM - Multi | 42.12 - 93.60 | 58.30 | 28.0% |
| Market Cap (mil) | 572,035.10 |
| Beta | 0.33 |
| Outstanding shares (mil) | 12,558.40 |
| Enterprise Value (mil) | 548,497.44 |
| Market risk premium | 5.98% |
| Cost of Equity | 8.17% |
| Cost of Debt | 4.25% |
| WACC | 7.62% |