NasdaqGS:OLED

Stock Analysis Report

Executive Summary

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in flat panel displays and solid-state lighting applications.

Snowflake

Fundamentals

Exceptional growth potential with flawless balance sheet.

Risks

  • Universal Display has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Universal Display's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

NasdaqGS:OLED

5.0%

US Semiconductor

2.9%

US Market


1 Year Return

74.0%

NasdaqGS:OLED

5.5%

US Semiconductor

0.2%

US Market

OLED outperformed the Semiconductor industry which returned 5.5% over the past year.

OLED outperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

OLEDIndustryMarket
7 Day2.3%5.0%2.9%
30 Day0.3%-2.7%-2.3%
90 Day40.8%13.9%3.1%
1 Year74.4%74.0%7.5%5.5%2.4%0.2%
3 Year257.1%255.6%76.3%66.0%41.7%32.4%
5 Year512.1%509.4%112.5%91.0%55.1%37.9%

Price Volatility Vs. Market

How volatile is Universal Display's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Universal Display undervalued based on future cash flows and its price relative to the stock market?

85.68x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Universal Display's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Universal Display's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Universal Display is overvalued based on earnings compared to the US Semiconductor industry average.

Universal Display is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Universal Display is poor value based on expected growth next year.


Price Based on Value of Assets

Universal Display is overvalued based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Universal Display expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

31.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Universal Display's revenue is expected to grow significantly at over 20% yearly.

Universal Display's earnings are expected to grow significantly at over 20% yearly.

Universal Display's revenue growth is expected to exceed the United States of America market average.

Universal Display's earnings growth is expected to exceed the United States of America market average.

Universal Display's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Universal Display is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Universal Display performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Universal Display's year on year earnings growth rate has been positive over the past 5 years.

Universal Display's 1-year earnings growth exceeds its 5-year average (86.2% vs 17.7%)

Universal Display's earnings growth has exceeded the US Semiconductor industry average in the past year (86.2% vs -4.3%).


Return on Equity

Universal Display has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Universal Display used its assets more efficiently than the US Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

Universal Display has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Universal Display's financial position?


Financial Position Analysis

Universal Display is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Universal Display's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Universal Display has no debt.

Universal Display has not taken on any debt in the past 5 years.

Universal Display has no debt, it does not need to be covered by operating cash flow.

Universal Display has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Universal Display has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Universal Display's current dividend yield, its reliability and sustainability?

0.22%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Universal Display before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Universal Display's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Universal Display's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Universal Display is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Universal Display is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Universal Display's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of Universal Display's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Universal Display's salary, the management and board of directors tenure and is there insider trading?

17.2yrs

Average management tenure


CEO

Steve Abramson (67yo)

11.6yrs

Tenure

US$6,879,849

Compensation

Mr. Steven V. Abramson, also known as Steve, has been the Chief Executive Officer and President of Universal Display Corporation since January 2008 and May 1996 respectively. Mr. Abramson served as the Chi ...


CEO Compensation Analysis

Steve's remuneration is lower than average for companies of similar size in United States of America.

Steve's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

17.2yrs

Average Tenure

64.5yo

Average Age

The average tenure for the Universal Display management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

19.8yrs

Average Tenure

70yo

Average Age

The average tenure for the Universal Display board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Universal Display individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$2,255,79512 Aug 19
C. Hartley
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,528
Max PriceUS$216.32
SellUS$6,175,05108 Aug 19
Lawrence Lacerte
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares30,000
Max PriceUS$208.98
SellUS$2,085,45110 May 19
Lawrence Lacerte
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares12,500
Max PriceUS$168.74
SellUS$757,25409 May 19
Rosemarie Greco
EntityIndividual
Shares4,425
Max PriceUS$171.13
SellUS$191,73007 Mar 19
Richard Elias
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,250
Max PriceUS$153.38
SellUS$909,49928 Feb 19
Lawrence Lacerte
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares6,250
Max PriceUS$145.52
SellUS$342,72103 Dec 18
Rosemarie Greco
EntityIndividual
Shares3,750
Max PriceUS$91.39
SellUS$970,23508 Nov 18
Lawrence Lacerte
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$97.02

Ownership Breakdown


Management Team

  • Sherwin Seligsohn (83yo)

    Founder & Chairman

    • Tenure: 24.2yrs
    • Compensation: US$1.32m
  • Steve Abramson (67yo)

    President

    • Tenure: 11.6yrs
    • Compensation: US$6.88m
  • Sidney Rosenblatt (71yo)

    Executive VP

    • Tenure: 23.3yrs
    • Compensation: US$6.20m
  • Julia Brown (58yo)

    Senior VP & CTO

    • Tenure: 17.2yrs
    • Compensation: US$3.45m
  • Mike Hack (62yo)

    Vice President of Business Development

    • Tenure: 19.8yrs
    • Compensation: US$1.07m
  • Mauro Premutico (53yo)

    VP of Legal and GM of Patents & Licensing

    • Tenure: 7.3yrs
    • Compensation: US$1.85m
  • Darice Liu

    Director of Investor Relations & Corporate Communications

    • Tenure: 0.0yrs

Board Members

  • Sherwin Seligsohn (83yo)

    Founder & Chairman

    • Tenure: 24.2yrs
    • Compensation: US$1.32m
  • Steve Abramson (67yo)

    President

    • Tenure: 11.6yrs
    • Compensation: US$6.88m
  • Sidney Rosenblatt (71yo)

    Executive VP

    • Tenure: 23.3yrs
    • Compensation: US$6.20m
  • Elizabeth Gemmill (73yo)

    Lead Independent Director

    • Tenure: 1.5yrs
    • Compensation: US$270.04k
  • C. Hartley (76yo)

    Independent Director

    • Tenure: 18.9yrs
    • Compensation: US$262.54k
  • Larry Lacerte (66yo)

    Independent Director

    • Tenure: 19.8yrs
    • Compensation: US$257.54k
  • Stephen Forrest (69yo)

    Member of the Scientific Advisory Board

    • Tenure: 0.0yrs
  • Rick Elias (65yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$252.54k
  • Mark Thompson

    Member of the Scientific Advisory Board

    • Tenure: 0.0yrs

Company Information

Universal Display Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Universal Display Corporation
  • Ticker: OLED
  • Exchange: NasdaqGS
  • Founded: 1985
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$9.969b
  • Shares outstanding: 47.11m
  • Website: https://oled.com

Number of Employees


Location

  • Universal Display Corporation
  • 375 Phillips Boulevard
  • Ewing
  • New Jersey
  • 8618
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OLEDNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 1996
UVDDB (Deutsche Boerse AG)YesCommon StockDEEURApr 1996
0LJELSE (London Stock Exchange)YesCommon StockGBUSDApr 1996

Biography

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in flat panel displays and solid-state li ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:45
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.