Garmin Ltd. (GRMN) vs United Microelectronics Corporation (UMC)

A side-by-side comparison of Garmin Ltd. and United Microelectronics Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 4, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnGRMN vs UMC

growth of $100 · dividends reinvested · last 10y
GRMN +632.1% (+22.0%/yr)UMC +1591.0% (+32.7%/yr)UMC compounded faster over this window
05001k2k2kStart $10020182020202220242026$732$1,691
GRMN UMC

GRMN vs UMC: by the numbers

  • GRMN is the larger company ($53.52B vs $51.51B market cap).
  • UMC trades at the lower trailing earnings multiple (18.81 vs 28.58 P/E), one valuation lens rather than an overall verdict.
  • UMC converts more revenue to profit (33.14% vs 24.47% net margin).
  • GRMN grew revenue faster over the past five years (9.56% vs 9.39% CAGR).
  • UMC pays the higher dividend yield (2.02% vs 1.35%).

Metrics side by side

Valuation

MetricGRMNUMC
P/E ratio28.5818.81
Forward P/E27.26N/A
P/S ratio6.996.25
P/B ratio5.943.58
EV / EBITDA22.4313.29
FCF yield2.86%3.77%

Profitability

MetricGRMNUMC
Gross margin60.08%30.60%
Operating margin27.61%19.71%
Net margin24.47%33.14%
ROE20.79%18.99%
ROIC18.76%8.07%

Dividends

MetricGRMNUMC
Dividend yield1.35%2.02%
Payout ratio43.35%75.33%

Growth (annualized)

MetricGRMNUMC
Revenue CAGR (5Y)9.56%9.39%
EPS CAGR (5Y)10.78%4.35%
FCF CAGR (5Y)7.42%6.34%
Total return CAGR (5Y)11.87%15.62%

Frequently asked

Which has the lower trailing P/E, GRMN or UMC?
UMC has the lower trailing P/E: GRMN trades at 28.58 and UMC at 18.81. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, GRMN or UMC?
Over the past five years, GRMN grew revenue faster — GRMN at a 9.56% CAGR versus UMC at 9.39%.
Does GRMN or UMC pay a bigger dividend?
GRMN yields 1.35% and UMC yields 2.02% based on trailing dividends and the latest price.
Is GRMN or UMC more profitable?
UMC runs the higher net margin — GRMN at 24.47% versus UMC at 33.14%.
How have GRMN and UMC total returns compared?
Over the past 10 years, GRMN delivered 22.11% and UMC delivered 32.61% annualized total return. 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 September 4, 2026.