Ciena Corporation (CIEN) vs United Microelectronics Corporation (UMC)

UMC leads on 9 of 14 compared metrics.

A side-by-side comparison of Ciena Corporation and United Microelectronics Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — CIEN vs UMC

growth of $100 · last 26y
CIEN -33.1%UMC +139.0%UMC compounded faster
050100150200250Start $10020052010201520202025$67$239
CIEN UMC

CIEN vs UMC: by the numbers

  • UMC is the larger company ($69.31B vs $68.61B market cap).
  • UMC trades at the lower earnings multiple (51.96 vs 161.56 P/E).
  • UMC converts more revenue to profit (20.72% vs 7.87% net margin).
  • UMC pays a dividend (1.73% yield) while CIEN does not currently pay one.

Which is better, CIEN or UMC?

Metric tally: CIEN 5 · UMC 9

It depends on what you're optimizing for:

ValueUMC(lower P/E)
QualityUMC(higher ROIC)

Metrics side by side

Valuation

MetricCIENUMC
P/E ratio161.5651.96
Forward P/E74.19
P/S ratio12.739.13
P/B ratio24.525.78
PEG ratio4.379.91
EV / EBITDA97.7819.18
FCF yield1.17%2.30%

Profitability

MetricCIENUMC
Gross margin43.05%29.60%
Operating margin11.18%18.85%
Net margin7.87%20.72%
ROE15.15%12.74%
ROIC5.35%7.35%

Dividends

MetricCIENUMC
Dividend yield1.73%
Payout ratio90.81%

Growth (annualized)

MetricCIENUMC
Revenue CAGR (5Y)10.39%10.42%
EPS CAGR (5Y)-17.95%4.35%
FCF CAGR (5Y)11.11%4.51%
Total return CAGR (5Y)52.84%31.34%

Frequently asked

Which is better, CIEN or UMC?
It depends on your goal. value: UMC (lower P/E); quality: UMC (higher ROIC). Across all compared metrics, UMC leads 9 to 5.
Is CIEN or UMC cheaper?
On trailing earnings, UMC is cheaper: CIEN trades at a 161.56 P/E and UMC at 51.96.
Which has grown faster, CIEN or UMC?
Over the past five years, UMC grew revenue faster — CIEN at a 10.39% CAGR versus UMC at 10.42%.
Does CIEN or UMC pay a bigger dividend?
UMC pays a dividend (1.73% yield) while CIEN does not currently pay one.
Is CIEN or UMC more profitable?
UMC runs the higher net margin — CIEN at 7.87% versus UMC at 20.72%.
Which has been the better investment, CIEN or UMC?
Over the past 10-year, CIEN delivered the higher annualized total return — CIEN at 38.17% versus UMC at 37.21%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 25, 2026.