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Universal DisplayBSP:O2LE34 57 Capex-to-Operating-Income is 0.09 as of Jun. 2026, which is 55% below its 10-year median of 0.20. GuruFocus rates BSP:O2LE34 with a GF Score™ of 57/100 and a GF Value™ of R$41.93 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,434 Hardware companies, Universal Display ranks better than 51.46% on this metric.
Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
Universal Display Capex-to-Operating-Income Related Terms
Universal Display Capex-to-Operating-Income Historical Data
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The historical data trend for Universal Display's Capex-to-Operating-Income 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.
BSP:O2LE34 vs BELFB, OSIS, KN: Capex-to-Operating-Income Comparison
For the Electronic Components subindustry, Universal Display's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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-Income vs Hardware Industry
For the Hardware industry and Technology sector, Universal Display's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Universal Display's Capex-to-Operating-Income falls into.
* 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-Income of 0.09 mean?
Universal Display (BSP:O2LE34) has a Capex-to-Operating-Income of 0.09 as of Jun. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Universal Display and its competitors. This is 55% below median its historical median of 0.20. Over the past decade, Universal Display's Capex-to-Operating-Income has ranged from 0.18 to 1.51. According to the industry distribution chart, Universal Display ranks #696 out of 1434 companies in the Hardware industry, placing it in the top 48.5%.
Is Universal Display's Capex-to-Operating-Income too high?
Universal Display's current Capex-to-Operating-Income of 0.09 is 55% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.51. The Hardware industry median Capex-to-Operating-Income is 0.47. Universal Display's value of 0.09 is 80.9% below this industry median. Based on the distribution chart, Universal Display ranks #696 out of 1434 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-Income compare to BELFB and OSIS?
According to the Hardware industry distribution chart, Universal Display ranks #696 out of 1434 companies for Capex-to-Operating-Income. This puts Universal Display in the upper half of its industry. The industry median Capex-to-Operating-Income is 0.47. Universal Display's value of 0.09 is 80.9% below this benchmark. Historically, Universal Display's own Capex-to-Operating-Income has ranged from 0.18 to 1.51 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.47, Universal Display has consistently been below 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-Income for a Hardware company?
The median Capex-to-Operating-Income among Hardware companies is 0.47, based on 1,434 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Universal Display's current Capex-to-Operating-Income of 0.09 is 80.9% below 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-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Universal Display and its competitors. For the Hardware industry, the median Capex-to-Operating-Income is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Display's current Capex-to-Operating-Income is 0.09, which is 55% below median its own 10-year median of 0.20. 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$41.93, compared to a current price of R$24.52 — trading 41.5% below its estimated fair value. The current Capex-to-Operating-Income is 0.09, which is 55% below median its 10-year median of 0.20 and 80.9% below the Hardware industry median of 0.47. 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-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Universal Display (BSP:O2LE34), the current Capex-to-Operating-Income is 0.09 as of Jun. 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$24.52 is trading 41.5% below its estimated GF Value™ of R$41.93.
GuruFocus considers Universal Display to be Significantly Undervalued.
Key valuation signals for BSP:O2LE34:
Capex-to-Operating-Income: 0.09 (55% below median its 10-year median of 0.20)
GF Value™: R$41.93 vs. price of R$24.52 (41.5% below fair value)
Industry Position: 80.9% below the Hardware median (#696 of 1434)
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 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
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Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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