OLED Relative Valuation
OLED's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, OLED is overvalued; if below, it's undervalued.
Historical Valuation
Universal Display Corp (OLED) is now in the Undervalued zone, suggesting that its current forward PE ratio of 22.89 is considered Undervalued compared with the five-year average of 35.13. The fair price of Universal Display Corp (OLED) is between 142.32 to 217.32 according to relative valuation methord. Compared to the current price of 123.66 USD , Universal Display Corp is Undervalued By 13.11%.
Relative Value
Fair Zone
142.32-217.32
Current Price：123.66
13.11%
Undervalued
22.89
PE
1Y
3Y
5Y
17.32
EV/EBITDA
Universal Display Corp. (OLED) has a current EV/EBITDA of 17.32. The 5-year average EV/EBITDA is 24.80. The thresholds are as follows: Strongly Undervalued below 12.29, Undervalued between 12.29 and 18.55, Fairly Valued between 31.06 and 18.55, Overvalued between 31.06 and 37.31, and Strongly Overvalued above 37.31. The current Forward EV/EBITDA of 17.32 falls within the Undervalued range.
19.43
EV/EBIT
Universal Display Corp. (OLED) has a current EV/EBIT of 19.43. The 5-year average EV/EBIT is 28.21. The thresholds are as follows: Strongly Undervalued below 14.86, Undervalued between 14.86 and 21.53, Fairly Valued between 34.88 and 21.53, Overvalued between 34.88 and 41.55, and Strongly Overvalued above 41.55. The current Forward EV/EBIT of 19.43 falls within the Undervalued range.
8.31
PS
Universal Display Corp. (OLED) has a current PS of 8.31. The 5-year average PS is 12.06. The thresholds are as follows: Strongly Undervalued below 5.95, Undervalued between 5.95 and 9.00, Fairly Valued between 15.11 and 9.00, Overvalued between 15.11 and 18.16, and Strongly Overvalued above 18.16. The current Forward PS of 8.31 falls within the Undervalued range.
16.68
P/OCF
Universal Display Corp. (OLED) has a current P/OCF of 16.68. The 5-year average P/OCF is 31.83. The thresholds are as follows: Strongly Undervalued below 12.10, Undervalued between 12.10 and 21.97, Fairly Valued between 41.69 and 21.97, Overvalued between 41.69 and 51.56, and Strongly Overvalued above 51.56. The current Forward P/OCF of 16.68 falls within the Undervalued range.
19.81
P/FCF
Universal Display Corp. (OLED) has a current P/FCF of 19.81. The 5-year average P/FCF is 40.56. The thresholds are as follows: Strongly Undervalued below 13.23, Undervalued between 13.23 and 26.90, Fairly Valued between 54.23 and 26.90, Overvalued between 54.23 and 67.89, and Strongly Overvalued above 67.89. The current Forward P/FCF of 19.81 falls within the Undervalued range.
Universal Display Corp (OLED) has a current Price-to-Book (P/B) ratio of 3.32. Compared to its 3-year average P/B ratio of 5.03 , the current P/B ratio is approximately -33.98% higher. Relative to its 5-year average P/B ratio of 6.06, the current P/B ratio is about -45.25% higher. Universal Display Corp (OLED) has a Forward Free Cash Flow (FCF) yield of approximately 2.78%. Compared to its 3-year average FCF yield of 1.80%, the current FCF yield is approximately 55.13% lower. Relative to its 5-year average FCF yield of 1.93% , the current FCF yield is about 44.01% lower.
3.32
P/B
Median3y
5.03
Median5y
6.06
2.78
FCF Yield
Median3y
1.80
Median5y
1.93
Competitors Valuation Multiple
The average P/S ratio for OLED's competitors is 3.42, providing a benchmark for relative valuation. Universal Display Corp Corp (OLED) exhibits a P/S ratio of 8.31, which is 142.83% above the industry average. Given its robust revenue growth of -13.62%, this premium appears unsustainable.
Performance Decomposition
1Y
3Y
5Y
Market capitalization of OLED decreased by 17.52% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 21.90 to 26.26.
The secondary factor is the Revenue Growth, contributed -13.62%to the performance.
Overall, the performance of OLED in the past 1 year is driven by P/E Change. Which is more unsustainable.
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Frequently Asked Questions
Is Universal Display Corp (OLED) currently overvalued or undervalued?
Universal Display Corp (OLED) is now in the Undervalued zone, suggesting that its current forward PE ratio of 22.89 is considered Undervalued compared with the five-year average of 35.13. The fair price of Universal Display Corp (OLED) is between 142.32 to 217.32 according to relative valuation methord. Compared to the current price of 123.66 USD , Universal Display Corp is Undervalued By 13.11% .
What is Universal Display Corp (OLED) fair value?
OLED's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Universal Display Corp (OLED) is between 142.32 to 217.32 according to relative valuation methord.
How does OLED's valuation metrics compare to the industry average?
The average P/S ratio for OLED's competitors is 3.42, providing a benchmark for relative valuation. Universal Display Corp Corp (OLED) exhibits a P/S ratio of 8.31, which is 142.83% above the industry average. Given its robust revenue growth of -13.62%, this premium appears unsustainable.
What is the current P/B ratio for Universal Display Corp (OLED) as of Jan 09 2026?
As of Jan 09 2026, Universal Display Corp (OLED) has a P/B ratio of 3.32. This indicates that the market values OLED at 3.32 times its book value.
What is the current FCF Yield for Universal Display Corp (OLED) as of Jan 09 2026?
As of Jan 09 2026, Universal Display Corp (OLED) has a FCF Yield of 2.78%. This means that for every dollar of Universal Display Corp’s market capitalization, the company generates 2.78 cents in free cash flow.
What is the current Forward P/E ratio for Universal Display Corp (OLED) as of Jan 09 2026?
As of Jan 09 2026, Universal Display Corp (OLED) has a Forward P/E ratio of 22.89. This means the market is willing to pay $22.89 for every dollar of Universal Display Corp’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Universal Display Corp (OLED) as of Jan 09 2026?
As of Jan 09 2026, Universal Display Corp (OLED) has a Forward P/S ratio of 8.31. This means the market is valuing OLED at $8.31 for every dollar of expected revenue over the next 12 months.