Universal Display Corporation (OLED) Valuation — DCF, Graham & Comparables

Universal Display Corporation (OLED) — Price $83.92 (closing price, October 30, 2026) — Technology — Hardware, Equipment & Parts — NASDAQ

Latest reported results:

Valuation dashboard for Universal Display Corporation (OLED) with P/E 17.02, P/B 2.31, EV/EBITDA 11.8 and dividend yield 2.32%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

Universal Display Corporation is dedicated to the investigation, advancement, and market deployment of organic light-emitting diode (OLED) innovations and their constituent materials, primarily for use in display and solid-state illumination applications.

What would it be worth at its usual multiples?

Versus its usual multiples: cheap · Current P/E 17.0× · Multiples range: $155.29 · $204.35.

At the decade median (41.5×) $204 (+144 %); at its sector median (31.5×) $155 (+85 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Universal Display Corporation reported revenue of $650.6M in the most recent fiscal year, growing at a 5-year CAGR of 8.7%. Net income reached $242.1M, with a 12.7% 5-year CAGR.

Trailing-twelve-month margins: gross margin 74.9%, operating margin 34.6%, net margin 36.7%.

At $83.92 (closing price, October 30, 2026), OLED trades at a P/E of 17.02 and an ROE of 13.54%. Market capitalisation stands at $3.8B.

Balance sheet quality for OLED: debt-to-equity ratio of 0.00, current ratio of 7.56 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio17.02
Price / Book2.31
EV / EBITDA11.8
Dividend Yield2.32%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
OLEDUniversal Display Corporation$3.8B17.022.3113.5%
LPLLG Display Co., Ltd.$2.6B0.60-8.8%
MAW.LMaruwa Co., Ltd.JPY 712.5B30.643.8013.0%
APHAmphenol Corporation$195.6B34.4011.4339.6%
0HFB.LAmphenol Corporation$190.6B35.2811.7637.2%
0R2X.LCorning Inc$111.8B55.978.4715.9%
GLWCorning Inc$106.2B49.727.7817.3%
HHPD.LHon Hai Precision Industry Co., Ltd.$103.3B16.111.8012.4%

Price

Price$83.92 (closing price, October 30, 2026)
Market Cap$3.8B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity13.54%
Return on Invested Capital10.10%
Return on Assets12.28%
Gross Margin74.94%
Operating Margin34.62%
Net Margin36.74%

Related companies: LPL · MAW.L · APH · 0HFB.L · 0R2X.L · GLW · HHPD.L · 0Z4I.L

Explore sector: Technology · Hardware, Equipment & Parts

More sections of OLED: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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