Universal Display (BSP:O2LE34) Capex-to-Operating-Cash-Flow: 0.45 (As of Mar. 2026) — 96% Above Median


BSP:O2LE34 Universal Display Corp BSP:O2LE34
57 GF Score
Price R$25.07
GF Value R$44.96
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Universal Display Capex-to-Operating-Cash-Flow?

Universal Display BSP:O2LE34 57 Capex-to-Operating-Cash-Flow is 0.45 as of Mar. 2026, which is 96% above its 10-year median of 0.23. GuruFocus rates BSP:O2LE34 with a GF Score™ of 57/100 and a GF Value™ of R$44.96 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,541 Hardware companies, Universal Display ranks better than 56.59% on this metric.

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Universal Display's Capital Expenditure for the three months ended in Mar. 2026 was R$-254.19 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2026 was R$569.38 Mil.

Hence, Universal Display's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2026 was 0.45.


Universal Display  (BSP:O2LE34) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Universal Display Capex-to-Operating-Cash-Flow Related Terms


Universal Display Capex-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for Universal Display's Capex-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Universal Display Capex-to-Operating-Cash-Flow Chart

Universal Display Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.37 0.82 0.17 0.32

Universal Display Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.28 0.13 0.84 0.45

BSP:O2LE34 vs BELFB, OSIS, KN: Capex-to-Operating-Cash-Flow Comparison

For the Electronic Components subindustry, Universal Display's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Universal Display Capex-to-Operating-Cash-Flow vs Hardware Industry

For the Hardware industry and Technology sector, Universal Display's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Universal Display's Capex-to-Operating-Cash-Flow falls into.


BSP:O2LE34
57GF Score
Universal Display Corp BSP:O2LE34
Capex-to-Operating-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal Display Capex-to-Operating-Cash-Flow Calculation

Universal Display's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-362.64) / 1150.225
=0.32

Universal Display's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2026 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-254.185) / 569.378
=0.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Capex-to-Operating-Cash-Flow of 0.45 mean?
Universal Display (BSP:O2LE34) has a Capex-to-Operating-Cash-Flow of 0.45 as of Mar. 2026. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Universal Display and its competitors. This is 96% above median its historical median of 0.23. Over the past decade, Universal Display's Capex-to-Operating-Cash-Flow has ranged from 0.16 to 1.29. According to the industry distribution chart, Universal Display ranks #669 out of 1541 companies in the Hardware industry, placing it in the top 43.4%.
Is Universal Display's Capex-to-Operating-Cash-Flow too high?
Universal Display's current Capex-to-Operating-Cash-Flow of 0.45 is 96% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.29. The Hardware industry median Capex-to-Operating-Cash-Flow is 0.44. Universal Display's value of 0.45 is 2.3% above this industry median. Based on the distribution chart, Universal Display ranks #669 out of 1541 companies in the Hardware industry, which is above the industry midpoint. Overall, Universal Display has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Display's Capex-to-Operating-Cash-Flow compare to BELFB and OSIS?
According to the Hardware industry distribution chart, Universal Display ranks #669 out of 1541 companies for Capex-to-Operating-Cash-Flow. This puts Universal Display in the upper half of its industry. The industry median Capex-to-Operating-Cash-Flow is 0.44. Universal Display's value of 0.45 is 2.3% above this benchmark. Historically, Universal Display's own Capex-to-Operating-Cash-Flow has ranged from 0.16 to 1.29 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.44, Universal Display has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Cash-Flow for a Hardware company?
The median Capex-to-Operating-Cash-Flow among Hardware companies is 0.44, based on 1,541 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Universal Display's current Capex-to-Operating-Cash-Flow of 0.45 is 2.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Universal Display and its competitors. For the Hardware industry, the median Capex-to-Operating-Cash-Flow is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Display's current Capex-to-Operating-Cash-Flow is 0.45, which is 96% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Display stock overvalued right now?
Based on GuruFocus' analysis, Universal Display (BSP:O2LE34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$44.96, compared to a current price of R$25.07 — trading 44.2% below its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.45, which is 96% above median its 10-year median of 0.23 and 2.3% above the Hardware industry median of 0.44. Universal Display's overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For Universal Display (BSP:O2LE34), the current Capex-to-Operating-Cash-Flow is 0.45 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Universal Display (BSP:O2LE34) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Display stock appears to be undervalued. The current stock price of R$25.07 is trading 44.2% below its estimated GF Value™ of R$44.96. GuruFocus considers Universal Display to be Significantly Undervalued.

Key valuation signals for BSP:O2LE34:

  • Capex-to-Operating-Cash-Flow: 0.45 (96% above median its 10-year median of 0.23)
  • GF Value™: R$44.96 vs. price of R$25.07 (44.2% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 2.3% above the Hardware median (#669 of 1541)

No single metric tells the full story. See the BSP:O2LE34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Universal Display Business Description

Other Exchanges OLED:USA0LJE:UKUVD:Germany
Address 250 Phillips Boulevard, Ewing, NJ, USA, 08618
Universal Display Corp researches, develops, and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. The Company has one reportable business segment being OLED technologies and materials. The large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.
57GF Score

Get the complete analysis for BSP:O2LE34

Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$25.07
Price
R$44.96
GF Value