116.95 USD
+1.74 (+1.51%)
116.95 USD
0 (0%)
OLED gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. OLED gets an excellent profitability rating and is at the same time showing great financial health properties. OLED is not valued too expensively and it also shows a decent growth rate. With these ratings, OLED could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
OLED had positive earnings in the past year.
OLED had a positive operating cash flow in the past year.
Each year in the past 5 years OLED has been profitable.
OLED had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OLED has a better Return On Assets (11.38%) than 83.93% of its industry peers.
With a decent Return On Equity value of 12.70%, OLED is doing good in the industry, outperforming 76.79% of the companies in the same industry.
OLED has a Return On Invested Capital of 10.45%. This is amongst the best in the industry. OLED outperforms 80.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OLED is above the industry average of 10.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.38% | ||
| ROE | 12.7% | ||
| ROIC | 10.45% |
ROA(3y)12.61%
ROA(5y)12.15%
ROE(3y)14.68%
ROE(5y)15.04%
ROIC(3y)12.91%
ROIC(5y)13.02%
1.3 Margins
Looking at the Profit Margin, with a value of 34.62%, OLED belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
In the last couple of years the Profit Margin of OLED has remained more or less at the same level.
The Operating Margin of OLED (36.54%) is better than 93.75% of its industry peers.
OLED's Operating Margin has been stable in the last couple of years.
OLED has a better Gross Margin (76.45%) than 95.54% of its industry peers.
OLED's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.54% | ||
| PM (TTM) | 34.62% | ||
| GM | 76.45% |
OM growth 3Y-3.57%
OM growth 5Y-1.15%
PM growth 3Y1.12%
PM growth 5Y0.2%
GM growth 3Y-0.99%
GM growth 5Y-0.44%
2. Health
2.1 Basic Checks
OLED has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, OLED has more shares outstanding
OLED has about the same amout of shares outstanding than it did 5 years ago.
OLED has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
OLED has an Altman-Z score of 18.27. This indicates that OLED is financially healthy and has little risk of bankruptcy at the moment.
OLED has a Altman-Z score of 18.27. This is amongst the best in the industry. OLED outperforms 90.18% of its industry peers.
OLED has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 18.27 |
ROIC/WACC1
WACC10.45%
2.3 Liquidity
A Current Ratio of 9.55 indicates that OLED has no problem at all paying its short term obligations.
With an excellent Current ratio value of 9.55, OLED belongs to the best of the industry, outperforming 94.64% of the companies in the same industry.
OLED has a Quick Ratio of 7.59. This indicates that OLED is financially healthy and has no problem in meeting its short term obligations.
OLED's Quick ratio of 7.59 is amongst the best of the industry. OLED outperforms 90.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.55 | ||
| Quick Ratio | 7.59 |
3. Growth
3.1 Past
The earnings per share for OLED have decreased by -6.83% in the last year.
Measured over the past years, OLED shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.75% on average per year.
Looking at the last year, OLED shows a very negative growth in Revenue. The Revenue has decreased by -20.89% in the last year.
Measured over the past years, OLED shows a quite strong growth in Revenue. The Revenue has been growing by 9.83% on average per year.
EPS 1Y (TTM)-6.83%
EPS 3Y6.4%
EPS 5Y9.75%
EPS Q2Q%-34.29%
Revenue 1Y (TTM)-20.89%
Revenue growth 3Y5.38%
Revenue growth 5Y9.83%
Sales Q2Q%-13.62%
3.2 Future
OLED is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.56% yearly.
OLED is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.10% yearly.
EPS Next Y8.77%
EPS Next 2Y9.71%
EPS Next 3Y12.42%
EPS Next 5Y20.56%
Revenue Next Year2.37%
Revenue Next 2Y6.55%
Revenue Next 3Y9.42%
Revenue Next 5Y17.1%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
OLED is valuated quite expensively with a Price/Earnings ratio of 25.20.
82.14% of the companies in the same industry are more expensive than OLED, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.38, OLED is valued at the same level.
The Price/Forward Earnings ratio is 20.90, which indicates a rather expensive current valuation of OLED.
Based on the Price/Forward Earnings ratio, OLED is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
OLED is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.2 | ||
| Fwd PE | 20.9 |
4.2 Price Multiples
78.57% of the companies in the same industry are more expensive than OLED, based on the Enterprise Value to EBITDA ratio.
77.68% of the companies in the same industry are more expensive than OLED, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.46 | ||
| EV/EBITDA | 15.72 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of OLED may justify a higher PE ratio.
OLED's earnings are expected to grow with 12.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.87
PEG (5Y)2.58
EPS Next 2Y9.71%
EPS Next 3Y12.42%
5. Dividend
5.1 Amount
OLED has a Yearly Dividend Yield of 1.56%.
Compared to an average industry Dividend Yield of 0.59, OLED pays a better dividend. On top of this OLED pays more dividend than 85.71% of the companies listed in the same industry.
OLED's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
5.2 History
The dividend of OLED is nicely growing with an annual growth rate of 32.14%!
OLED has been paying a dividend for over 5 years, so it has already some track record.
OLED has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)32.14%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
OLED pays out 37.26% of its income as dividend. This is a sustainable payout ratio.
OLED's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP37.26%
EPS Next 2Y9.71%
EPS Next 3Y12.42%
116.95
+1.74 (+1.51%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners84.68%
Inst Owner Change-4.1%
Ins Owners6.94%
Ins Owner Change-0.03%
Market Cap5.56B
Revenue(TTM)639.98M
Net Income(TTM)221.55M
Analysts81.18
Price Target172.53 (47.52%)
Short Float %3.64%
Short Ratio2.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
Yearly Dividend1.61
Dividend Growth(5Y)32.14%
DP37.26%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.18%
Min EPS beat(2)-25.53%
Max EPS beat(2)19.17%
EPS beat(4)2
Avg EPS beat(4)0.89%
Min EPS beat(4)-25.53%
Max EPS beat(4)21.2%
EPS beat(8)5
Avg EPS beat(8)3.84%
EPS beat(12)8
Avg EPS beat(12)9.45%
EPS beat(16)10
Avg EPS beat(16)6.65%
Revenue beat(2)1
Avg Revenue beat(2)-5.94%
Min Revenue beat(2)-16.62%
Max Revenue beat(2)4.74%
Revenue beat(4)3
Avg Revenue beat(4)-0.34%
Min Revenue beat(4)-16.62%
Max Revenue beat(4)6.06%
Revenue beat(8)4
Avg Revenue beat(8)-0.52%
Revenue beat(12)6
Avg Revenue beat(12)0.48%
Revenue beat(16)8
Avg Revenue beat(16)0.13%
PT rev (1m)-6.4%
PT rev (3m)-6.4%
EPS NQ rev (1m)1.05%
EPS NQ rev (3m)2.26%
EPS NY rev (1m)-4.82%
EPS NY rev (3m)-4.31%
Revenue NQ rev (1m)-0.38%
Revenue NQ rev (3m)0.09%
Revenue NY rev (1m)-4%
Revenue NY rev (3m)-3.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.2 | ||
| Fwd PE | 20.9 | ||
| P/S | 8.69 | ||
| P/FCF | 34.46 | ||
| P/OCF | 25.93 | ||
| P/B | 3.19 | ||
| P/tB | 3.34 | ||
| EV/EBITDA | 15.72 |
EPS(TTM)4.64
EY3.97%
EPS(NY)5.6
Fwd EY4.79%
FCF(TTM)3.39
FCFY2.9%
OCF(TTM)4.51
OCFY3.86%
SpS13.46
BVpS36.7
TBVpS35
PEG (NY)2.87
PEG (5Y)2.58
Graham Number61.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.38% | ||
| ROE | 12.7% | ||
| ROCE | 12.72% | ||
| ROIC | 10.45% | ||
| ROICexc | 15.55% | ||
| ROICexgc | 16.64% | ||
| OM | 36.54% | ||
| PM (TTM) | 34.62% | ||
| GM | 76.45% | ||
| FCFM | 25.21% |
ROA(3y)12.61%
ROA(5y)12.15%
ROE(3y)14.68%
ROE(5y)15.04%
ROIC(3y)12.91%
ROIC(5y)13.02%
ROICexc(3y)20.07%
ROICexc(5y)25.04%
ROICexgc(3y)21.95%
ROICexgc(5y)29.41%
ROCE(3y)15.71%
ROCE(5y)15.84%
ROICexgc growth 3Y-20.27%
ROICexgc growth 5Y-23.51%
ROICexc growth 3Y-18.97%
ROICexc growth 5Y-17.23%
OM growth 3Y-3.57%
OM growth 5Y-1.15%
PM growth 3Y1.12%
PM growth 5Y0.2%
GM growth 3Y-0.99%
GM growth 5Y-0.44%
F-Score4
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 116.41% | ||
| Cap/Sales | 8.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.73% | ||
| Profit Quality | 72.82% | ||
| Current Ratio | 9.55 | ||
| Quick Ratio | 7.59 | ||
| Altman-Z | 18.27 |
F-Score4
WACC10.45%
ROIC/WACC1
Cap/Depr(3y)166.44%
Cap/Depr(5y)135.73%
Cap/Sales(3y)12.05%
Cap/Sales(5y)10.12%
Profit Quality(3y)49.16%
Profit Quality(5y)63.84%
High Growth Momentum
Growth
EPS 1Y (TTM)-6.83%
EPS 3Y6.4%
EPS 5Y9.75%
EPS Q2Q%-34.29%
EPS Next Y8.77%
EPS Next 2Y9.71%
EPS Next 3Y12.42%
EPS Next 5Y20.56%
Revenue 1Y (TTM)-20.89%
Revenue growth 3Y5.38%
Revenue growth 5Y9.83%
Sales Q2Q%-13.62%
Revenue Next Year2.37%
Revenue Next 2Y6.55%
Revenue Next 3Y9.42%
Revenue Next 5Y17.1%
EBIT growth 1Y-25.52%
EBIT growth 3Y1.61%
EBIT growth 5Y8.57%
EBIT Next Year22.37%
EBIT Next 3Y17.14%
EBIT Next 5YN/A
FCF growth 1Y1746.27%
FCF growth 3Y12.69%
FCF growth 5Y5.26%
OCF growth 1Y78.22%
OCF growth 3Y9.91%
OCF growth 5Y5.53%
UNIVERSAL DISPLAY CORP / OLED FAQ
What is the fundamental rating for OLED stock?
ChartMill assigns a fundamental rating of 7 / 10 to OLED.
Can you provide the valuation status for UNIVERSAL DISPLAY CORP?
ChartMill assigns a valuation rating of 5 / 10 to UNIVERSAL DISPLAY CORP (OLED). This can be considered as Fairly Valued.
What is the profitability of OLED stock?
UNIVERSAL DISPLAY CORP (OLED) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for OLED stock?
The Price/Earnings (PE) ratio for UNIVERSAL DISPLAY CORP (OLED) is 25.2 and the Price/Book (PB) ratio is 3.19.
Is the dividend of UNIVERSAL DISPLAY CORP sustainable?
The dividend rating of UNIVERSAL DISPLAY CORP (OLED) is 5 / 10 and the dividend payout ratio is 37.26%.