United Microelectronics (NYSE:UMC – Get Free Report) and Credo Technology Group (NASDAQ:CRDO – Get Free Report) are both computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, profitability, dividends, risk and earnings.
Volatility and Risk
United Microelectronics has a beta of 1.18, suggesting that its stock price is 18% more volatile than the S&P 500. Comparatively, Credo Technology Group has a beta of 2.24, suggesting that its stock price is 124% more volatile than the S&P 500.
Analyst Ratings
This is a breakdown of current ratings and target prices for United Microelectronics and Credo Technology Group, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| United Microelectronics | 0 | 2 | 1 | 0 | 2.33 |
| Credo Technology Group | 1 | 0 | 7 | 1 | 2.89 |
Earnings and Valuation
This table compares United Microelectronics and Credo Technology Group”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| United Microelectronics | $223.46 billion | 0.09 | $1.95 billion | $0.70 | 11.14 |
| Credo Technology Group | $217.59 million | 30.14 | -$28.37 million | ($0.18) | -220.56 |
United Microelectronics has higher revenue and earnings than Credo Technology Group. Credo Technology Group is trading at a lower price-to-earnings ratio than United Microelectronics, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
5.1% of United Microelectronics shares are held by institutional investors. Comparatively, 80.5% of Credo Technology Group shares are held by institutional investors. 8.0% of United Microelectronics shares are held by insiders. Comparatively, 23.9% of Credo Technology Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Profitability
This table compares United Microelectronics and Credo Technology Group’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| United Microelectronics | 23.90% | 14.80% | 9.41% |
| Credo Technology Group | -12.05% | -3.74% | -3.30% |
Summary
United Microelectronics beats Credo Technology Group on 8 of the 15 factors compared between the two stocks.
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.
About Credo Technology Group
Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is based in Grand Cayman, Cayman Islands.
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