OLED Stock Overview
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications.
No risks detected for OLED from our risk checks.
Universal Display Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$150.44|
|52 Week High||US$262.77|
|52 Week Low||US$139.83|
|1 Month Change||-13.71%|
|3 Month Change||-26.72%|
|1 Year Change||-36.68%|
|3 Year Change||57.84%|
|5 Year Change||158.49%|
|Change since IPO||2,835.42%|
Recent News & Updates
At US$144, Is Universal Display Corporation (NASDAQ:OLED) Worth Looking At Closely?
While Universal Display Corporation ( NASDAQ:OLED ) might not be the most widely known stock at the moment, it saw...
Should You Be Adding Universal Display (NASDAQ:OLED) To Your Watchlist Today?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Universal Display Corporation: Glowing Technology With Beaming Financials
With reduced energy usage and improved user health, OLED technology is set to overshadow legacy LED screens in the near future. Universal Display Corp’s wholly-owned subsidiary, OJVP Corp., is looking to utilize a solventless approach to advance the production of commercial displays. Universal Display Corporation reported rather impressive Q3 record figures, building upon the strong finances previously established. With no debt and significant cash holdings, the company can continue expansion while incurring minimal risk.
Calculating The Fair Value Of Universal Display Corporation (NASDAQ:OLED)
Today we will run through one way of estimating the intrinsic value of Universal Display Corporation ( NASDAQ:OLED ) by...
|OLED||US Semiconductor||US Market|
Return vs Industry: OLED underperformed the US Semiconductor industry which returned 45% over the past year.
Return vs Market: OLED underperformed the US Market which returned 16.5% over the past year.
|OLED Average Weekly Movement||4.5%|
|Semiconductor Industry Average Movement||6.5%|
|Market Average Movement||6.2%|
|10% most volatile stocks in US Market||14.8%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: OLED is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: OLED's weekly volatility (4%) has been stable over the past year.
About the Company
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. As of February 18, 2021, it owned, exclusively licenses, or had sole rights to sublicense approximately 5,000 issued and pending patents worldwide. The company licenses and supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others.
Universal Display Fundamentals Summary
|OLED fundamental statistics|
Is OLED overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OLED income statement (TTM)|
|Cost of Revenue||US$121.14m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.05|
|Net Profit Margin||34.80%|
How did OLED perform over the long term?See historical performance and comparison
0.5%Current Dividend Yield
Does OLED pay a reliable dividends?See OLED dividend history and benchmarks
|Universal Display dividend dates|
|Ex Dividend Date||Dec 15 2021|
|Dividend Pay Date||Dec 30 2021|
|Days until Ex dividend||8 days|
|Days until Dividend pay date||23 days|
Does OLED pay a reliable dividends?See OLED dividend history and benchmarks
Is Universal Display undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OLED ($150.44) is trading below our estimate of fair value ($197.57)
Significantly Below Fair Value: OLED is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OLED is poor value based on its PE Ratio (37.1x) compared to the US Semiconductor industry average (29.2x).
PE vs Market: OLED is poor value based on its PE Ratio (37.1x) compared to the US market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: OLED is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: OLED is overvalued based on its PB Ratio (6.8x) compared to the US Semiconductor industry average (4.5x).
How is Universal Display forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OLED's forecast earnings growth (24.5% per year) is above the savings rate (2%).
Earnings vs Market: OLED's earnings (24.5% per year) are forecast to grow faster than the US market (13.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: OLED's revenue (18.2% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: OLED's revenue (18.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OLED's Return on Equity is forecast to be high in 3 years time (21.5%)
How has Universal Display performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OLED has high quality earnings.
Growing Profit Margin: OLED's current net profit margins (34.8%) are higher than last year (27%).
Past Earnings Growth Analysis
Earnings Trend: OLED's earnings have grown significantly by 22.4% per year over the past 5 years.
Accelerating Growth: OLED's earnings growth over the past year (81.7%) exceeds its 5-year average (22.4% per year).
Earnings vs Industry: OLED earnings growth over the past year (81.7%) exceeded the Semiconductor industry 79.6%.
Return on Equity
High ROE: OLED's Return on Equity (18.6%) is considered low.
How is Universal Display's financial position?
Financial Position Analysis
Short Term Liabilities: OLED's short term assets ($1.1B) exceed its short term liabilities ($180.3M).
Long Term Liabilities: OLED's short term assets ($1.1B) exceed its long term liabilities ($212.0M).
Debt to Equity History and Analysis
Debt Level: OLED is debt free.
Reducing Debt: OLED has not had any debt for past 5 years.
Debt Coverage: OLED has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OLED has no debt, therefore coverage of interest payments is not a concern.
What is Universal Display current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: OLED's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: OLED's dividend (0.53%) is low compared to the top 25% of dividend payers in the US market (3.62%).
Stability and Growth of Payments
Stable Dividend: OLED is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: OLED is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: OLED is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OLED's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Abramson (69 yo)
Mr. Steven V. Abramson, also known as Steve, has been the Chief Executive Officer and President of Universal Display Corporation since December 2007 and May 1996 respectively. Mr. Abramson served as the Pr...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD18.25M) is above average for companies of similar size in the US market ($USD6.35M).
Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.
Experienced Management: OLED's management team is seasoned and experienced (19.5 years average tenure).
Experienced Board: OLED's board of directors are seasoned and experienced ( 22.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Universal Display Corporation's employee growth, exchange listings and data sources
- Name: Universal Display Corporation
- Ticker: OLED
- Exchange: NasdaqGS
- Founded: 1985
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$7.090b
- Shares outstanding: 47.13m
- Website: https://oled.com
Number of Employees
- Universal Display Corporation
- 375 Phillips Boulevard
- New Jersey
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/07 00:21|
|End of Day Share Price||2021/12/06 00:00|
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.