Universal DisplayOLED +2.34%84 ROE % is 8.29% as of Mar. 2026, which is 45% below its 10-year median of 15.19. GuruFocus rates OLED with a GF Score™ of 84/100 and a GF Value™ of $153.50 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,423 Hardware companies, Universal Display ranks better than 77.42% on this metric.
The historical rank and industry rank for Universal Display's ROE % or its related term are showing as below:
OLED'
s ROE % Range Over the Past 10 Years
Min: 8.72 Med: 15.19 Max: 18.42
Current: 12.44
During the past 13 years, Universal Display's highest ROE % was 18.42%. The lowest was 8.72%. And the median was 15.19%.
OLED's ROE % is ranked better than 77.42% of 2423
companies
in the Hardware industry
Industry Median: 4.61
vs OLED: 12.44
Universal Display (NAS:OLED) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Universal Display ROE % Related Terms
Universal Display ROE % Historical Data
* Premium members only.
The historical data trend for Universal Display's ROE % 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.
For the Electronic Components subindustry, Universal Display's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Universal Display's ROE % distribution charts can be found below:
* The bar in red indicates where Universal Display's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Universal Display (OLED) has a ROE % of 8.29% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Universal Display and its competitors. This is 45% below median its historical median of 15.19. Over the past decade, Universal Display's ROE % has ranged from 8.72 to 18.42. According to the industry distribution chart, Universal Display ranks #547 out of 2423 companies in the Hardware industry, placing it in the top 22.6%.
Is Universal Display's ROE % too high?
Universal Display's current ROE % of 8.29% is 45% below median its 10-year median of 15.19. Over the past 10 years, this metric has ranged from a low of 8.72 to a high of 18.42. The Hardware industry median ROE % is 4.61. Universal Display's value of 8.29% is 79.8% above this industry median. Based on the distribution chart, Universal Display ranks #547 out of 2423 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Universal Display has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Display's ROE % compare to BELFB and OSIS?
According to the Hardware industry distribution chart, Universal Display ranks #547 out of 2423 companies for ROE %. This places Universal Display in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 4.61. Universal Display's value of 8.29% is 79.8% above this benchmark. Historically, Universal Display's own ROE % has ranged from 8.72 to 18.42 over the past decade. While the company's 10-year median is 15.19 vs. the industry median of 4.61, 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 ROE % for a Hardware company?
The median ROE % among Hardware companies is 4.61, based on 2,423 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Universal Display's current ROE % of 8.29% is 79.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Universal Display and its competitors. For the Hardware industry, the median ROE % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Display's current ROE % is 8.29%, which is 45% below median its own 10-year median of 15.19. 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 (OLED) is currently considered Significantly Undervalued. The stock's GF Value™ is $153.50, compared to a current price of $87.60 — trading 42.9% below its estimated fair value. The current ROE % is 8.29%, which is 45% below median its 10-year median of 15.19 and 79.8% above the Hardware industry median of 4.61. Universal Display's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Universal Display (OLED), the current ROE % is 8.29% 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 (OLED) Overvalued in 2026?
Based on GuruFocus' analysis, Universal Display stock appears to be undervalued.
The current stock price of $87.60 is trading 42.9% below its estimated GF Value™ of $153.50.
GuruFocus considers Universal Display to be Significantly Undervalued.
Key valuation signals for OLED:
ROE %: 8.29% (45% below median its 10-year median of 15.19)
GF Value™: $153.50 vs. price of $87.60 (42.9% below fair value)
Industry Position: 79.8% above the Hardware median (#547 of 2423)
No single metric tells the full story. See the OLED 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.
84GF Score
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