Universal Display Valuation
Is OLED * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 OLED * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: OLED * (MX$3393.98) is trading above our estimate of fair value (MX$1532.38)
Significantly Below Fair Value: OLED * is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for OLED *?
Key metric: As OLED * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is OLED *'s PE Ratio? | |
|---|---|
| PE Ratio | 33.3x |
| Earnings | US$237.30m |
| Market Cap | US$7.90b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 11.5x |
| Enterprise Value/EBITDA | 24.9x |
| PEG Ratio | 2.4x |
Price to Earnings Ratio vs Peers
How does OLED *'s PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 69.6x | ||
MTSI MACOM Technology Solutions Holdings | 115.9x | 35.4% | US$9.2b |
002049 Unigroup Guoxin Microelectronics | 38x | 27.9% | CN¥57.4b |
2379 Realtek Semiconductor | 17.8x | 15.0% | NT$250.3b |
688249 Nexchip Semiconductor | 106.7x | 43.4% | CN¥48.9b |
OLED * Universal Display | 33.3x | 13.7% | Mex$7.9b |
Price-To-Earnings vs Peers: OLED * is good value based on its Price-To-Earnings Ratio (33.3x) compared to the peer average (70.5x).
Price to Earnings Ratio vs Industry
How does OLED *'s PE Ratio compare vs other companies in the Global Semiconductor Industry?
| 18 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 18 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: OLED * is expensive based on its Price-To-Earnings Ratio (33.3x) compared to the Global Semiconductor industry average (31.8x).
Price to Earnings Ratio vs Fair Ratio
What is OLED *'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 33.3x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate OLED *'s Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | Mex$3,393.98 | Mex$4,395.51 +29.5% | 11.1% | Mex$5,204.16 | Mex$3,302.64 | n/a | 10 |
| Nov ’25 | n/a | Mex$4,395.51 0% | 11.1% | Mex$5,204.16 | Mex$3,302.64 | n/a | 10 |
| Oct ’25 | n/a | Mex$4,578.28 0% | 10.5% | Mex$5,198.05 | Mex$3,498.69 | n/a | 10 |
| Sep ’25 | n/a | Mex$4,368.59 0% | 10.5% | Mex$4,959.97 | Mex$3,338.44 | n/a | 10 |
| Aug ’25 | n/a | Mex$3,904.91 0% | 14.5% | Mex$4,607.28 | Mex$3,012.45 | n/a | 11 |
| Jul ’25 | n/a | Mex$3,784.66 0% | 13.7% | Mex$4,716.40 | Mex$3,083.80 | n/a | 11 |
| Jun ’25 | Mex$2,979.29 | Mex$3,395.64 +14.0% | 12.7% | Mex$4,412.33 | Mex$2,851.04 | n/a | 11 |
| May ’25 | Mex$2,779.50 | Mex$3,402.01 +22.4% | 12.2% | Mex$4,439.27 | Mex$2,868.45 | n/a | 12 |
| Apr ’25 | n/a | Mex$3,439.30 0% | 11.6% | Mex$4,424.84 | Mex$2,893.16 | n/a | 11 |
| Mar ’25 | Mex$2,910.00 | Mex$3,434.36 +18.0% | 12.0% | Mex$4,444.47 | Mex$2,906.00 | n/a | 11 |
| Feb ’25 | n/a | Mex$3,333.84 0% | 12.7% | Mex$4,294.18 | Mex$2,834.16 | n/a | 11 |
| Jan ’25 | n/a | Mex$3,123.84 0% | 15.7% | Mex$4,291.98 | Mex$2,549.43 | n/a | 12 |
| Dec ’24 | n/a | Mex$2,922.04 0% | 6.8% | Mex$3,230.84 | Mex$2,593.40 | n/a | 11 |
| Nov ’24 | n/a | Mex$3,138.19 0% | 8.2% | Mex$3,548.87 | Mex$2,688.82 | n/a | 11 |
| Oct ’24 | n/a | Mex$3,020.39 0% | 8.0% | Mex$3,391.64 | Mex$2,595.65 | n/a | 11 |
| Sep ’24 | n/a | Mex$3,006.33 0% | 7.9% | Mex$3,351.13 | Mex$2,564.64 | n/a | 12 |
| Aug ’24 | n/a | Mex$2,724.02 0% | 11.0% | Mex$3,211.36 | Mex$2,281.76 | n/a | 12 |
| Jul ’24 | n/a | Mex$2,819.80 0% | 13.9% | Mex$3,402.56 | Mex$2,032.58 | n/a | 12 |
| Jun ’24 | n/a | Mex$2,819.80 0% | 13.9% | Mex$3,402.56 | Mex$2,032.58 | Mex$2,979.29 | 12 |
| May ’24 | n/a | Mex$2,835.71 0% | 14.1% | Mex$3,447.07 | Mex$2,048.39 | Mex$2,779.50 | 12 |
| Apr ’24 | n/a | Mex$2,801.73 0% | 13.6% | Mex$3,442.28 | Mex$2,045.54 | n/a | 12 |
| Mar ’24 | n/a | Mex$2,797.54 0% | 11.9% | Mex$3,516.29 | Mex$2,089.52 | Mex$2,910.00 | 12 |
| Feb ’24 | Mex$2,033.14 | Mex$2,703.06 +33.0% | 15.4% | Mex$3,626.23 | Mex$2,154.85 | n/a | 12 |
| Jan ’24 | Mex$2,033.14 | Mex$2,706.65 +33.1% | 20.2% | Mex$3,773.51 | Mex$1,620.04 | n/a | 11 |
| Dec ’23 | n/a | Mex$2,695.63 0% | 20.0% | Mex$3,733.36 | Mex$1,602.80 | n/a | 11 |
| Nov ’23 | n/a | Mex$2,951.46 0% | 17.9% | Mex$3,899.89 | Mex$1,880.66 | n/a | 11 |
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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