Universal Display Corporation

Universal Display Corporation

OLEDยทNASDAQ

$90.84

-4.7%
TechnologyHardware, Equipment & Parts

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. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. The company supplies its proprietary UniversalPHOLED materials to display and lighting manufacturers, and others. It is also involved in the research, development, and commercialization of other OLED device and manufacturing technologies, including FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; OVJP, an organic vapor jet printing technology; thin-film encapsulation technology for the packaging of flexible OLEDs and other thin-film devices, as well as for use as a barrier film for plastic substrates; and UniversalP2OLED, which are printable phosphorescent OLEDs. In addition, the company provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products. Further, it provides contract research services in the areas of chemical materials synthesis research, development, and commercialization for non-OLED applications. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.

At a Glance

Live Snapshot
Market Cap$4.25B
EPS5.0900
P/E Ratio17.85
Earnings Date07/30/2026
Universal Display Corporation

Universal Display Corporation Fair Value Envelope

OLED ยท NASDAQ

Our analysis suggests that OLED has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $90.84, this represents a potential HIDDEN relative to our calculated worth for Universal Display Corporation.

Intrinsic Value
Current Price: $90.84

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$478.5M
+ Cash & Equivalents$138.4M
Firm Value$616.8M
- Debt$43.2M
Equity Value$573.7M
/ Shares Outstanding47,541,983B
DCF Value$12
OVERVALUED BY 87%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$154.2M
$112.7M
$82.4M
$60.3M
$44.1M
$32.2M
$23.6M
$17.2M
$12.6M
$9.2M
Maintenance CapEx
-$8.3M
-$6.0M
-$4.4M
-$3.2M
-$2.4M
-$1.7M
-$1.3M
-$922.9K
-$674.9K
-$493.5K
Owner Earnings
$145.9M
$106.7M
$78.0M
$57.0M
$41.7M
$30.5M
$22.3M
$16.3M
$11.9M
$8.7M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$135.1M
$91.5M
$61.9M
$41.9M
$28.4M
$19.2M
$13.0M
$8.8M
$6.0M
$4.0M
Terminal Value represents 14.3% of Enterprise Value