UMC or GFS: Which Is the Better Value Stock Right Now?

Core Insights - United Microelectronics Corporation (UMC) currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while GlobalFoundries Inc. (GFS) has a Zacks Rank of 3 (Hold) [1] - UMC has a forward P/E ratio of 12.18, significantly lower than GFS's forward P/E of 28.63, suggesting UMC may be undervalued [2] - UMC's PEG ratio is 4.24 compared to GFS's 5.05, indicating UMC has a more favorable earnings growth outlook relative to its valuation [2] - UMC's P/B ratio stands at 1.82, while GFS's P/B ratio is 1.97, further supporting UMC's stronger valuation metrics [2] - UMC has received a Value grade of A, while GFS has a Value grade of C, highlighting UMC's superior valuation attractiveness [3] Valuation Metrics - UMC's forward P/E ratio is 12.18, while GFS's is 28.63 [2] - UMC's PEG ratio is 4.24, compared to GFS's 5.05 [2] - UMC's P/B ratio is 1.82, while GFS's is 1.97 [2] Investment Outlook - UMC has experienced stronger estimate revision activity and possesses more attractive valuation metrics than GFS, making it a more appealing option for value investors [3]