Astera Labs, Inc. (ALAB) vs United Microelectronics Corporation (UMC)

Astera Labs, Inc. and United Microelectronics Corporation are both Semiconductors companies. Astera Labs, Inc. and United Microelectronics Corporation are of similar size ($63.7B and $61.4B). United Microelectronics Corporation trades at the lower P/E: 22.7× against 168×. Astera Labs, Inc. grew revenue faster over the last twelve months: 98.5% against 10.3%. United Microelectronics Corporation has the higher net margin (32.6% vs 30.7%) and the lower return on invested capital (9.04% vs 36.2%). Across the 20 metrics below, Astera Labs, Inc. leads on 10 and United Microelectronics Corporation on 10.

Valuation

Metric ALAB UMC Semiconductors median
P/E 168.03 22.71 49.41
P/S 52.29 7.57 8.58
P/B 36.42 4.31 5.49
Price to free cash flow 227.17 32.35 47.02
EV/EBITDA 220.18 16.40 30.78
EV/Sales 51.25 7.18 8.79
Earnings yield 0.60% 4.40% 0.62%
Free cash flow yield 0.44% 3.09% 0.59%

Profitability

Metric ALAB UMC Semiconductors median
Gross margin 75.13% 30.57% 52.25%
Operating margin 22.75% 19.75% 4.85%
Net margin 30.74% 32.60% 4.77%
Free cash flow margin 23.02% 23.39% 8.65%
Return on equity 25.83% 20.87% 3.11%
Return on assets 23.07% 13.42% 1.91%
Return on invested capital 36.15% 9.04% 2.46%

Growth

Metric ALAB UMC Semiconductors median
Revenue growth (TTM) 98.48% 10.34% 16.66%
EPS growth (last fiscal year) 290.62% (8.62%) —
Revenue growth, 5-year CAGR — 3.76% 5.60%
Net income growth, 5-year CAGR — 9.58% 0.00%

Health

Metric ALAB UMC Semiconductors median
Debt to equity 0.00 0.11 0.05
Current ratio 10.05 2.17 3.35
Net debt to EBITDA (6.90) (0.73) 0.58

Dividend

Metric ALAB UMC Semiconductors median
Dividend yield — 5.63% 1.93%
Payout ratio — 0.57 0.00

Size

Metric ALAB UMC Semiconductors median
Market cap 63.70b 61.42b 5.67b

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