UNIVERSAL DISPLAY CORP (OLED) Stock Fundamental Analysis
NASDAQ:OLED • US91347P1057
106.06 USD
-0.38 (-0.36%)
At close: Feb 25, 2026
106.06 USD
0 (0%)
After Hours: 2/25/2026, 8:00:02 PM
Overall OLED gets a fundamental rating of 8 out of 10. We evaluated OLED against 114 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making OLED a very profitable company, without any liquidiy or solvency issues. OLED is not valued too expensively and it also shows a decent growth rate. These ratings could make OLED a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
- In the past year OLED was profitable.
- OLED had a positive operating cash flow in the past year.
- In the past 5 years OLED has always been profitable.
- Each year in the past 5 years OLED had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 12.32%, OLED belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 13.74%, OLED is in the better half of the industry, outperforming 78.07% of the companies in the same industry.
- OLED's Return On Invested Capital of 10.97% is amongst the best of the industry. OLED outperforms 84.21% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for OLED is in line with the industry average of 10.62%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.32% | ||
| ROE | 13.74% | ||
| ROIC | 10.97% |
ROA(3y)12.17%
ROA(5y)12.52%
ROE(3y)13.8%
ROE(5y)14.88%
ROIC(3y)11.3%
ROIC(5y)12.82%
1.3 Margins
- OLED has a better Profit Margin (37.18%) than 96.49% of its industry peers.
- OLED's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 38.21%, OLED belongs to the top of the industry, outperforming 95.61% of the companies in the same industry.
- OLED's Operating Margin has been stable in the last couple of years.
- OLED's Gross Margin of 76.23% is amongst the best of the industry. OLED outperforms 95.61% of its industry peers.
- In the last couple of years the Gross Margin of OLED has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.21% | ||
| PM (TTM) | 37.18% | ||
| GM | 76.23% |
OM growth 3Y-4.1%
OM growth 5Y0.8%
PM growth 3Y3.17%
PM growth 5Y3.79%
GM growth 3Y-1.23%
GM growth 5Y-0.32%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OLED is creating some value.
- Compared to 1 year ago, OLED has less shares outstanding
- OLED has less 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
- An Altman-Z score of 17.10 indicates that OLED is not in any danger for bankruptcy at the moment.
- OLED has a better Altman-Z score (17.10) than 85.09% of its industry peers.
- There is no outstanding debt for OLED. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 17.1 |
ROIC/WACC1.02
WACC10.71%
2.3 Liquidity
- A Current Ratio of 10.06 indicates that OLED has no problem at all paying its short term obligations.
- The Current ratio of OLED (10.06) is better than 92.98% of its industry peers.
- A Quick Ratio of 7.83 indicates that OLED has no problem at all paying its short term obligations.
- Looking at the Quick ratio, with a value of 7.83, OLED belongs to the top of the industry, outperforming 90.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.06 | ||
| Quick Ratio | 7.83 |
3. Growth
3.1 Past
- OLED shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.03%, which is quite good.
- Measured over the past years, OLED shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.61% on average per year.
- The Revenue for OLED has decreased by -19.97% in the past year. This is quite bad
- The Revenue has been growing by 8.69% on average over the past years. This is quite good.
EPS 1Y (TTM)9.03%
EPS 3Y4.84%
EPS 5Y12.61%
EPS Q2Q%44.79%
Revenue 1Y (TTM)-19.97%
Revenue growth 3Y1.81%
Revenue growth 5Y8.69%
Sales Q2Q%6.55%
3.2 Future
- OLED is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.55% yearly.
- OLED is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.69% yearly.
EPS Next Y9.54%
EPS Next 2Y13.87%
EPS Next 3Y29.12%
EPS Next 5Y19.55%
Revenue Next Year9.79%
Revenue Next 2Y11.85%
Revenue Next 3Y25.71%
Revenue Next 5Y17.69%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 20.92 indicates a rather expensive valuation of OLED.
- Based on the Price/Earnings ratio, OLED is valued cheaper than 88.60% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.05, OLED is valued a bit cheaper.
- The Price/Forward Earnings ratio is 19.10, which indicates a rather expensive current valuation of OLED.
- OLED's Price/Forward Earnings ratio is rather cheap when compared to the industry. OLED is cheaper than 85.96% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.03, OLED is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.92 | ||
| Fwd PE | 19.1 |
4.2 Price Multiples
- 87.72% of the companies in the same industry are more expensive than OLED, based on the Enterprise Value to EBITDA ratio.
- 83.33% 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 | 34.93 | ||
| EV/EBITDA | 13.53 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OLED does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of OLED may justify a higher PE ratio.
- A more expensive valuation may be justified as OLED's earnings are expected to grow with 29.12% in the coming years.
PEG (NY)2.19
PEG (5Y)1.66
EPS Next 2Y13.87%
EPS Next 3Y29.12%
5. Dividend
5.1 Amount
- OLED has a Yearly Dividend Yield of 1.88%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.50, OLED pays a better dividend. On top of this OLED pays more dividend than 91.23% of the companies listed in the same industry.
- OLED's Dividend Yield is comparable with the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
5.2 History
- On average, the dividend of OLED grows each year by 24.77%, which is quite nice.
- OLED has paid a dividend for at least 10 years, which is a reliable track record.
- OLED has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)24.77%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
- OLED pays out 35.36% of its income as dividend. This is a sustainable payout ratio.
- The dividend of OLED is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP35.36%
EPS Next 2Y13.87%
EPS Next 3Y29.12%
106.06
-0.38 (-0.36%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-19 2026-02-19/amc
Earnings (Next)04-29 2026-04-29
Inst Owners84.9%
Inst Owner Change1.14%
Ins Owners6.94%
Ins Owner Change0.81%
Market Cap5.04B
Revenue(TTM)650.61M
Net Income(TTM)241.92M
Analysts81.18
Price Target159.37 (50.26%)
Short Float %5.19%
Short Ratio3.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
Yearly Dividend1.81
Dividend Growth(5Y)24.77%
DP35.36%
Div Incr Years7
Div Non Decr Years7
Ex-Date03-17 2026-03-17 (0.5)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.41%
Min EPS beat(2)-25.53%
Max EPS beat(2)6.71%
EPS beat(4)3
Avg EPS beat(4)5.39%
Min EPS beat(4)-25.53%
Max EPS beat(4)21.2%
EPS beat(8)5
Avg EPS beat(8)3.49%
EPS beat(12)8
Avg EPS beat(12)6.55%
EPS beat(16)11
Avg EPS beat(16)7.48%
Revenue beat(2)0
Avg Revenue beat(2)-9.28%
Min Revenue beat(2)-16.62%
Max Revenue beat(2)-1.94%
Revenue beat(4)2
Avg Revenue beat(4)-2.34%
Min Revenue beat(4)-16.62%
Max Revenue beat(4)4.74%
Revenue beat(8)4
Avg Revenue beat(8)-0.3%
Revenue beat(12)5
Avg Revenue beat(12)-0.61%
Revenue beat(16)8
Avg Revenue beat(16)0.06%
PT rev (1m)-1.2%
PT rev (3m)-2.59%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)-0.61%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.8%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-3.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.92 | ||
| Fwd PE | 19.1 | ||
| P/S | 7.75 | ||
| P/FCF | 34.93 | ||
| P/OCF | 23.92 | ||
| P/B | 2.86 | ||
| P/tB | 2.99 | ||
| EV/EBITDA | 13.53 |
EPS(TTM)5.07
EY4.78%
EPS(NY)5.55
Fwd EY5.24%
FCF(TTM)3.04
FCFY2.86%
OCF(TTM)4.43
OCFY4.18%
SpS13.69
BVpS37.04
TBVpS35.44
PEG (NY)2.19
PEG (5Y)1.66
Graham Number65.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.32% | ||
| ROE | 13.74% | ||
| ROCE | 13.4% | ||
| ROIC | 10.97% | ||
| ROICexc | 16.24% | ||
| ROICexgc | 17.29% | ||
| OM | 38.21% | ||
| PM (TTM) | 37.18% | ||
| GM | 76.23% | ||
| FCFM | 22.19% |
ROA(3y)12.17%
ROA(5y)12.52%
ROE(3y)13.8%
ROE(5y)14.88%
ROIC(3y)11.3%
ROIC(5y)12.82%
ROICexc(3y)16.5%
ROICexc(5y)21.29%
ROICexgc(3y)18%
ROICexgc(5y)23.46%
ROCE(3y)13.8%
ROCE(5y)15.66%
ROICexgc growth 3Y-15.71%
ROICexgc growth 5Y-17.92%
ROICexc growth 3Y-15.26%
ROICexc growth 5Y-13.97%
OM growth 3Y-4.1%
OM growth 5Y0.8%
PM growth 3Y3.17%
PM growth 5Y3.79%
GM growth 3Y-1.23%
GM growth 5Y-0.32%
F-Score5
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 142.68% | ||
| Cap/Sales | 10.22% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.43% | ||
| Profit Quality | 59.67% | ||
| Current Ratio | 10.06 | ||
| Quick Ratio | 7.83 | ||
| Altman-Z | 17.1 |
F-Score5
WACC10.71%
ROIC/WACC1.02
Cap/Depr(3y)176.8%
Cap/Depr(5y)149.16%
Cap/Sales(3y)12.91%
Cap/Sales(5y)10.85%
Profit Quality(3y)56.34%
Profit Quality(5y)57.54%
High Growth Momentum
Growth
EPS 1Y (TTM)9.03%
EPS 3Y4.84%
EPS 5Y12.61%
EPS Q2Q%44.79%
EPS Next Y9.54%
EPS Next 2Y13.87%
EPS Next 3Y29.12%
EPS Next 5Y19.55%
Revenue 1Y (TTM)-19.97%
Revenue growth 3Y1.81%
Revenue growth 5Y8.69%
Sales Q2Q%6.55%
Revenue Next Year9.79%
Revenue Next 2Y11.85%
Revenue Next 3Y25.71%
Revenue Next 5Y17.69%
EBIT growth 1Y-17.6%
EBIT growth 3Y-2.37%
EBIT growth 5Y9.56%
EBIT Next Year22.65%
EBIT Next 3Y18%
EBIT Next 5Y19.1%
FCF growth 1Y-31.62%
FCF growth 3Y21.95%
FCF growth 5Y3.64%
OCF growth 1Y-16.91%
OCF growth 3Y18.47%
OCF growth 5Y7.22%
UNIVERSAL DISPLAY CORP / OLED FAQ
What is the fundamental rating for OLED stock?
ChartMill assigns a fundamental rating of 8 / 10 to OLED.
What is the valuation status for OLED stock?
ChartMill assigns a valuation rating of 6 / 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.
How financially healthy is UNIVERSAL DISPLAY CORP?
The financial health rating of UNIVERSAL DISPLAY CORP (OLED) is 10 / 10.
Can you provide the expected EPS growth for OLED stock?
The Earnings per Share (EPS) of UNIVERSAL DISPLAY CORP (OLED) is expected to grow by 9.54% in the next year.