Universal Display Corporation

LSE:0LJE Stock Report

Market Cap: US$7.9b

Universal Display Valuation

Is 0LJE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0LJE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0LJE ($163.96) is trading above our estimate of fair value ($83.97)

Significantly Below Fair Value: 0LJE is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0LJE?

Key metric: As 0LJE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0LJE. This is calculated by dividing 0LJE's market cap by their current earnings.
What is 0LJE's PE Ratio?
PE Ratio32.8x
EarningsUS$237.30m
Market CapUS$7.90b

Price to Earnings Ratio vs Peers

How does 0LJE's PE Ratio compare to its peers?

The above table shows the PE ratio for 0LJE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47.9x
CML CML Microsystems
20xn/aUK£41.3m
2379 Realtek Semiconductor
17.8x15.0%NT$250.3b
MTSI MACOM Technology Solutions Holdings
115.9x35.4%US$9.2b
002049 Unigroup Guoxin Microelectronics
38x27.9%CN¥57.4b
0LJE Universal Display
32.8x13.7%US$7.9b

Price-To-Earnings vs Peers: 0LJE is good value based on its Price-To-Earnings Ratio (32.8x) compared to the peer average (47.9x).

Price to Earnings Ratio vs Industry

How does 0LJE's PE Ratio compare vs other companies in the European Semiconductor Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0LJE 32.8xIndustry Avg. 14.4xNo. of Companies7PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0LJE is expensive based on its Price-To-Earnings Ratio (32.8x) compared to the European Semiconductor industry average (14.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0LJE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0LJE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.8x
Fair PE Ratio24.6x

Price-To-Earnings vs Fair Ratio: 0LJE is expensive based on its Price-To-Earnings Ratio (32.8x) compared to the estimated Fair Price-To-Earnings Ratio (24.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0LJE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$163.96
US$219.60
+33.9%
11.1%US$260.00US$165.00n/a10
Nov ’25US$179.85
US$219.60
+22.1%
11.1%US$260.00US$165.00n/a10
Oct ’25US$204.65
US$229.00
+11.9%
10.5%US$260.00US$175.00n/a10
Sep ’25US$190.75
US$229.00
+20.1%
10.5%US$260.00US$175.00n/a10
Aug ’25US$212.47
US$220.36
+3.7%
14.5%US$260.00US$170.00n/a11
Jul ’25US$208.52
US$208.64
+0.06%
13.7%US$260.00US$170.00n/a11
Jun ’25US$171.91
US$200.09
+16.4%
12.7%US$260.00US$168.00n/a11
May ’25US$153.74
US$199.25
+29.6%
12.2%US$260.00US$168.00n/a12
Apr ’25US$169.86
US$202.09
+19.0%
11.6%US$260.00US$170.00n/a11
Mar ’25US$174.77
US$200.91
+15.0%
12.0%US$260.00US$170.00n/a11
Feb ’25US$169.52
US$194.09
+14.5%
12.7%US$250.00US$165.00n/a11
Jan ’25US$192.67
US$181.96
-5.6%
15.7%US$250.00US$148.50n/a12
Dec ’24US$175.09
US$167.32
-4.4%
6.8%US$185.00US$148.50n/a11
Nov ’24US$135.05
US$173.32
+28.3%
8.2%US$196.00US$148.50US$179.8511
Oct ’24US$152.53
US$174.55
+14.4%
8.0%US$196.00US$150.00US$204.6511
Sep ’24US$161.44
US$175.83
+8.9%
7.9%US$196.00US$150.00US$190.7512
Aug ’24US$144.22
US$161.17
+11.7%
11.0%US$190.00US$135.00US$212.4712
Jul ’24US$138.45
US$157.46
+13.7%
13.9%US$190.00US$113.50US$208.5212
Jun ’24US$147.94
US$157.46
+6.4%
13.9%US$190.00US$113.50US$171.9112
May ’24US$133.72
US$157.13
+17.5%
14.1%US$191.00US$113.50US$153.7412
Apr ’24US$152.81
US$155.46
+1.7%
13.6%US$191.00US$113.50US$169.8612
Mar ’24US$138.01
US$151.96
+10.1%
11.9%US$191.00US$113.50US$174.7712
Feb ’24US$133.09
US$142.38
+7.0%
15.4%US$191.00US$113.50US$169.5212
Jan ’24US$104.66
US$137.00
+30.9%
20.2%US$191.00US$82.00US$192.6711
Dec ’23US$111.24
US$137.91
+24.0%
20.0%US$191.00US$82.00US$175.0911
Nov ’23US$98.19
US$149.09
+51.8%
17.9%US$197.00US$95.00US$135.0511

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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