Universal Display Corporation (OLED)
適正価値ファンダメンタル
75
株価
$78.60
時価総額
$3.54B
パート1 · 企業の価値
概要
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 offers phosphorescent organic light-emitting diode (PHOLED) technologies and materials for displays and lighting products under the UniversalPHOLED brand. The company also offers FOLED that are flexible OLEDs for the fabrication of OLEDs on flexible substrates; and OVJP, an organic vapor jet printing technology. In addition, it provides technology development and support services, including third-party collaboration and support to third parties for the commercialization of their OLED products; and contract research services in the areas of chemical synthesis research, development, and commercialization for non-OLED applications, as well as engages in the intellectual property and technology licensing activities. The company has operations in South Korea, China, Japan, the United States, and internationally. Universal Display Corporation was incorporated in 1985 and is headquartered in Ewing, New Jersey.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on 2026年9月19日 with claude-haiku-4-5 — shared with all users
Universal Display names Idemitsu Kosan in its 10-K as a direct rival in OLED emitter and host materials, selling into the same display panel makers such as Samsung Display, LG Display and BOE.
Merck supplies OLED display materials to the same panel manufacturers and is listed among Universal Display's material-manufacturer competitors, though it is shifting from emissive materials toward transport and host layers.
Through its Cambridge Display Technology arm, Sumitomo Chemical develops polymer and solution-processable OLED emitting materials that compete for the same display-maker contracts.
The Korean specialist supplies blue fluorescent emitters to Samsung Display and other panel makers, the same emitter slot Universal Display is trying to win with its phosphorescent blue.
Duk San Neolux sells host, hole-transport and other OLED stack materials to the same Korean and Chinese panel makers, competing with Universal Display for content value inside each OLED layer.
The private Japanese developer markets TADF and hyperfluorescence emitters as an alternative to Universal Display's phosphorescent PHOLED technology for the same display customers.
貸借対照表と流動性
売上高
$607M
直近12か月（2026/6/30まで）
純利益
$196M
直近12か月（2026/6/30まで）
フリーキャッシュフロー
$154M
自己資本合計
$1.76B
負債合計
$203M
流動比率
8.50
利払い倍率
-
負債/EBITDA
0.08
一株当たり利益（EPS）
売上高と純利益
フリーキャッシュフロー
収益内訳
財務推移表
利益率の推移
負債の推移
負債の重さ
成長率グリッド
成長率 — 売上高
適正価値の推定
適正価値
$87.21
現在株価
$78.60
安全マージン
+9.9%
適正価値レンジ
$59.42 - $115.00
使用した評価手法間のばらつきであり、統計的に較正された信頼区間ではありません。
推定方法
バリュエーション指標
P/E レシオ
18.69
ROE
13.7%
P/B レシオ
2.11
P/FCF
16.17
粗利益率
75.3%
ROIC
9.2%
収益性レーダー
価値創造（経済的モート）
ROIC
9.2%
WACC
12.9%
ROIC − WACC
-3.7 pp
ROICが資本コストを下回っています。投資した1ドルごとに企業は価値を破壊しています。
ファンダメンタル分析基準
合格（20）
- EPS shows upward trend
- ROIC 9.2%
- Gross Margin 75.3%
- P/FCF 16.17
- P/B Ratio 2.11
- Debt/Equity ratio
- Operating Margin 34.1%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Debt/EBITDA
- Return on Tangible Assets
- Low reliance on intangibles
- ROE 11.3%
- Revenue Growth 5Y 8.7%
- Analyst Consensus 76% Buy
- PEG Ratio 1.44
- Earnings Quality (OCF/NI) 1.34
- Share Dilution -0.2%
- Piotroski F-Score 6/9
不合格（5）
- Price CAGR 3.14%
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Surprise avg -24.6%
- Net Margin Trend 32.2% vs 36.9%
データなし（2）
- Dividend Payout NaN%
- Interest Coverage
Piotroski F-スコア
まちまちのシグナル：一部の領域に注意が必要
利益の質
高品質：利益はキャッシュに裏付けられている
株式希薄化
株式を買い戻している。株主に友好的
機関投資家の保有
ガバナンス
経営陣
| 氏名 | 役職 | 年齢 |
|---|---|---|
| Mr. Steven V. Abramson | President, CEO & Director | 73 |
| Mr. Brian Millard CPA | VP, CFO & Treasurer | 42 |
| Dr. Julia J. Brown Ph.D. | Executive VP & Chief Technical Officer | 64 |
| Mr. Mauro Premutico J.D. | Senior VP of Planning, Chief Legal Officer & Secretary | 59 |
| Ms. Janice M. DuFour | Senior VP of Technology Commercialization & GM of Commercial Sales Business | 67 |
| Ms. Darice Liu | Senior Director of Investor Relations & Corporate Communications | - |
| Mr. Chandran Ramesh Nair | Chief Executive Officer of OVJP Operations | 56 |
監査リスク
5
取締役会リスク
4
報酬リスク
9
株主権利リスク
2
パート2 · 株価と買い時
この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容：テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。
業績推移
via SEC EDGAR
Latest News
Recent headlines for OLED, sourced from Markets Gazette.
- 3/11/2026NEUTRALOLED Stock Down 35% This Past Year, but One Fund Invested $9 Million More Anyway
Despite a 35% stock decline over the past year, a significant investment of $9 million was made into Universal Display Corporation by an unnamed fund. Universal Display Corporation is a key licensor of OLED technology and a supplier of essential materials to global display and lighting manufacturers. This substantial investment, made against a backdrop of recent stock underperformance, suggests strong conviction from the investor regarding the company's long-term prospects and its critical role in the expanding OLED market. Investors will monitor future performance for signs of a turnaround.
via Markets Gazette