$Universal Display (OLED.US)$In the analysis two years ago, ...

A US company listed in 1996, mainly engaged in the sales of OLED materials and licensing business, with the South Korean market as its main focus. The current price is 151.

In the past 5 years, revenue has grown in the first 4 years, but shrank by 6.5% in 2023, with an average growth rate of 18.4%. Operating profit has grown for 3 years, with an average growth rate of 31%, except for 2020 and 2023. However, the growth rate has declined significantly in recent years, with an average growth rate of 11% in the past 3 years. Net income has also shown a similar trend, with an average growth rate of 28% in the past 5 years, and an average growth rate of 15% in the past 3 years. In 2023, interest expenses accounted for 12.9% of operating profit, indicating a heavy interest burden. Gross margin has decreased from 81.4% to 76.5% over the past 5 years, and return on net assets has decreased from 18.3% to 14.8%.

Currently, the P/E ratio is 35.7, but considering the recent significant slowdown in growth, it is not very attractive.