UMC

UMC — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($10.44)
DCF$584.79+5501.5%
Graham Number$3.42-67.2%
Reverse DCFimplied g: -20.0%
DDM$9.89-5.3%
EV/EBITDA$52.25+400.5%

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $37.75B
Rev: 2.4% / EPS: 18.2%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$584.79
Current Price$10.44
Upside / Downside+5501.5%
Net Debt (used)-$49.40B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term10.2%14.2%18.2%22.2%26.2%
7.0%$629.88$742.54$871.67$1019.05$1186.55
8.0%$509.96$599.33$701.69$818.43$951.01
9.0%$427.43$500.82$584.79$680.49$789.11
10.0%$367.30$429.07$499.69$580.10$671.32
11.0%$321.64$374.61$435.12$503.96$582.00

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.54
Yahoo: $0.96

Results

Graham Number$3.42
Current Price$10.44
Margin of Safety-67.2%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$10.44
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth2.4%
Historical Earnings Growth18.2%
Base FCF (TTM)$37.75B
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: $0.48

Results

DDM Intrinsic Value / share$9.89
Current Price$10.44
Upside / Downside-5.3%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $100.67B
Current: 0.8×
Default: -$49.40B

Results

Implied Equity Value / share$52.25
Current Price$10.44
Upside / Downside+400.5%
Implied EV$82.14B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$73.40B-$61.40B-$49.40B-$37.40B-$25.40B
-3.2x$-98.16$-102.92$-107.69$-112.46$-117.22
-1.2x$-18.19$-22.96$-27.72$-32.49$-37.25
0.8x$61.78$57.01$52.25$47.48$42.71
2.8x$141.75$136.98$132.22$127.45$122.68
4.8x$221.72$216.95$212.18$207.42$202.65