Qorvo (NASDAQ:QRVO – Get Free Report) and United Microelectronics (NYSE:UMC – Get Free Report) are both technology companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, dividends, valuation, risk, earnings and institutional ownership.
Valuation and Earnings
This table compares Qorvo and United Microelectronics”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Qorvo | $3.64 billion | 2.31 | $338.99 million | $4.31 | 22.17 |
| United Microelectronics | $7.57 billion | 6.10 | $1.29 billion | $1.07 | 17.13 |
Institutional & Insider Ownership
88.6% of Qorvo shares are held by institutional investors. Comparatively, 5.0% of United Microelectronics shares are held by institutional investors. 0.5% of Qorvo shares are held by insiders. Comparatively, 8.0% of United Microelectronics shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Analyst Recommendations
This is a summary of recent ratings and recommmendations for Qorvo and United Microelectronics, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Qorvo | 1 | 14 | 3 | 0 | 2.11 |
| United Microelectronics | 3 | 1 | 1 | 1 | 2.00 |
Qorvo currently has a consensus target price of $94.00, suggesting a potential downside of 1.63%. United Microelectronics has a consensus target price of $8.60, suggesting a potential downside of 53.08%. Given Qorvo’s stronger consensus rating and higher possible upside, analysts plainly believe Qorvo is more favorable than United Microelectronics.
Volatility & Risk
Qorvo has a beta of 1.44, meaning that its share price is 44% more volatile than the S&P 500. Comparatively, United Microelectronics has a beta of 1.6, meaning that its share price is 60% more volatile than the S&P 500.
Profitability
This table compares Qorvo and United Microelectronics’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Qorvo | 10.95% | 17.23% | 10.06% |
| United Microelectronics | 33.18% | 21.00% | 13.87% |
Summary
United Microelectronics beats Qorvo on 9 of the 15 factors compared between the two stocks.
About Qorvo
Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets. It operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies radio frequency and power management solutions for automotive, defense and aerospace, cellular infrastructure, broadband, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring various technologies, such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-/BAW-based sensors. It serves markets, such as smart home, industrial automation, automotive, smartphones, wearables, gaming, and industrial and enterprise access points. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company also offers foundry services for defense primes and other defense and aerospace customers. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. It operates in the United States, China, other Asian countries, Taiwan, and Europe. The company was founded in 1957 and is headquartered in Greensboro, North Carolina.
About United Microelectronics
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.
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