Paychex, Inc. (PAYX) vs United Microelectronics Corporation (UMC)
A side-by-side comparison of Paychex, Inc. and United Microelectronics Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
PAYX
Paychex, Inc.
$118.87TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
UMC
United Microelectronics Corporation
$17.36TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — PAYX vs UMC
growth of $100 · dividends reinvested · last 26yPAYX +487.6%UMC +345.2%PAYX compounded faster
PAYX UMC
PAYX vs UMC: by the numbers
- •UMC is the larger company ($43.30B vs $42.28B market cap).
- •PAYX trades at the lower trailing earnings multiple (23.66 vs 35.40 P/E), one valuation lens rather than an overall verdict.
- •PAYX converts more revenue to profit (27.03% vs 20.72% net margin).
- •UMC grew revenue faster over the past five years (10.42% vs 9.93% CAGR).
- •PAYX pays the higher dividend yield (3.84% vs 2.53%).
Metrics side by side
Valuation
| Metric | PAYX | UMC |
|---|---|---|
| P/E ratio | 23.66 | 35.40 |
| Forward P/E | 21.02 | N/A |
| P/S ratio | 6.35 | 6.22 |
| P/B ratio | 11.07 | 3.94 |
| PEG ratio | 3.21 | 6.75 |
| EV / EBITDA | 15.18 | 13.78 |
| FCF yield | 5.61% | 3.34% |
Profitability
| Metric | PAYX | UMC |
|---|---|---|
| Gross margin | 74.29% | 29.60% |
| Operating margin | 38.55% | 18.85% |
| Net margin | 27.03% | 20.72% |
| ROE | 47.12% | 12.74% |
| ROIC | 20.49% | 7.29% |
Dividends
| Metric | PAYX | UMC |
|---|---|---|
| Dividend yield | 3.84% | 2.53% |
| Payout ratio | 90.41% | 90.81% |
Growth (annualized)
| Metric | PAYX | UMC |
|---|---|---|
| Revenue CAGR (5Y) | 9.93% | 10.42% |
| EPS CAGR (5Y) | 9.95% | 4.35% |
| FCF CAGR (5Y) | 15.18% | 4.28% |
| Total return CAGR (5Y) | 3.46% | 18.35% |
Frequently asked
- Which has the lower trailing P/E, PAYX or UMC?
- PAYX has the lower trailing P/E: PAYX trades at 23.66 and UMC at 35.40. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PAYX or UMC?
- Over the past five years, UMC grew revenue faster — PAYX at a 9.93% CAGR versus UMC at 10.42%.
- Does PAYX or UMC pay a bigger dividend?
- PAYX yields 3.84% and UMC yields 2.53% based on trailing dividends and the latest price.
- Is PAYX or UMC more profitable?
- PAYX runs the higher net margin — PAYX at 27.03% versus UMC at 20.72%.
- How have PAYX and UMC total returns compared?
- Over the past 10 years, PAYX delivered 10.06% and UMC delivered 30.22% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Paychex P/E ratioUnited Microelectronics P/E ratioPaychex dividend yieldUnited Microelectronics dividend yieldPaychex ROEUnited Microelectronics ROEPaychex operating marginUnited Microelectronics operating marginPaychex revenue growthUnited Microelectronics revenue growthPaychex free cash flowUnited Microelectronics free cash flow
Paychex & United Microelectronics appear in these rankings
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 July 28, 2026.