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OLED vs. COHR
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

OLED vs. COHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Universal Display Corporation (OLED) and Coherent, Inc. (COHR). The values are adjusted to include any dividend payments, if applicable.

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OLED vs. COHR - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
OLED
Universal Display Corporation
-22.86%-19.07%-22.88%78.64%-33.87%-27.89%11.91%120.74%-45.69%206.97%
COHR
Coherent, Inc.
34.26%94.84%117.62%24.02%-48.63%-10.04%125.60%3.73%-30.86%58.35%

Fundamentals

Market Cap

OLED:

$4.27B

COHR:

$38.53B

EPS

OLED:

$5.08

COHR:

$1.89

PE Ratio

OLED:

17.65

COHR:

131.31

PEG Ratio

OLED:

2.42

COHR:

22.49

PS Ratio

OLED:

6.57

COHR:

6.12

PB Ratio

OLED:

2.43

COHR:

0.00

Total Revenue (TTM)

OLED:

$650.61M

COHR:

$6.29B

Gross Profit (TTM)

OLED:

$496.49M

COHR:

$2.29B

EBITDA (TTM)

OLED:

$294.12M

COHR:

$1.13B

Returns By Period

In the year-to-date period, OLED achieves a -22.86% return, which is significantly lower than COHR's 34.26% return. Over the past 10 years, OLED has underperformed COHR with an annualized return of 5.64%, while COHR has yielded a comparatively higher 27.75% annualized return.


OLED

1D
-2.24%
1M
-16.28%
YTD
-22.86%
6M
-37.32%
1Y
-34.48%
3Y*
-15.78%
5Y*
-16.94%
10Y*
5.64%

COHR

1D
4.03%
1M
-17.10%
YTD
34.26%
6M
116.14%
1Y
289.01%
3Y*
86.70%
5Y*
28.26%
10Y*
27.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

OLED vs. COHR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OLED
OLED Risk / Return Rank: 1010
Overall Rank
OLED Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
OLED Sortino Ratio Rank: 1212
Sortino Ratio Rank
OLED Omega Ratio Rank: 1212
Omega Ratio Rank
OLED Calmar Ratio Rank: 1212
Calmar Ratio Rank
OLED Martin Ratio Rank: 55
Martin Ratio Rank

COHR
COHR Risk / Return Rank: 9797
Overall Rank
COHR Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
COHR Sortino Ratio Rank: 9393
Sortino Ratio Rank
COHR Omega Ratio Rank: 9494
Omega Ratio Rank
COHR Calmar Ratio Rank: 9999
Calmar Ratio Rank
COHR Martin Ratio Rank: 9898
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OLED vs. COHR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Universal Display Corporation (OLED) and Coherent, Inc. (COHR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


OLEDCOHRDifference

Sharpe ratio

Return per unit of total volatility

-0.73

3.88

-4.61

Sortino ratio

Return per unit of downside risk

-0.91

3.32

-4.24

Omega ratio

Gain probability vs. loss probability

0.88

1.49

-0.61

Calmar ratio

Return relative to maximum drawdown

-0.79

10.62

-11.41

Martin ratio

Return relative to average drawdown

-1.70

28.01

-29.71

OLED vs. COHR - Sharpe Ratio Comparison

The current OLED Sharpe Ratio is -0.73, which is lower than the COHR Sharpe Ratio of 3.88. The chart below compares the historical Sharpe Ratios of OLED and COHR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


OLEDCOHRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.73

3.88

-4.61

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.39

0.47

-0.86

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.12

0.50

-0.38

Sharpe Ratio (All Time)

Calculated using the full available price history

0.14

0.30

-0.17

Correlation

The correlation between OLED and COHR is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

OLED vs. COHR - Dividend Comparison

OLED's dividend yield for the trailing twelve months is around 2.06%, while COHR has not paid dividends to shareholders.


TTM202520242023202220212020201920182017
OLED
Universal Display Corporation
2.06%1.54%1.09%0.73%1.11%0.48%0.26%0.19%0.26%0.07%
COHR
Coherent, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

OLED vs. COHR - Drawdown Comparison

The maximum OLED drawdown since its inception was -85.55%, which is greater than COHR's maximum drawdown of -80.89%. Use the drawdown chart below to compare losses from any high point for OLED and COHR.


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Drawdown Indicators


OLEDCOHRDifference

Max Drawdown

Largest peak-to-trough decline

-85.55%

-80.89%

-4.66%

Max Drawdown (1Y)

Largest decline over 1 year

-44.10%

-26.52%

-17.58%

Max Drawdown (5Y)

Largest decline over 5 years

-62.66%

-66.13%

+3.47%

Max Drawdown (10Y)

Largest decline over 10 years

-65.03%

-72.22%

+7.19%

Current Drawdown

Current decline from peak

-63.79%

-17.10%

-46.69%

Average Drawdown

Average peak-to-trough decline

-45.08%

-35.18%

-9.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.46%

10.05%

+10.41%

Volatility

OLED vs. COHR - Volatility Comparison

The current volatility for Universal Display Corporation (OLED) is 9.19%, while Coherent, Inc. (COHR) has a volatility of 27.09%. This indicates that OLED experiences smaller price fluctuations and is considered to be less risky than COHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


OLEDCOHRDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.19%

27.09%

-17.90%

Volatility (6M)

Calculated over the trailing 6-month period

29.60%

54.88%

-25.28%

Volatility (1Y)

Calculated over the trailing 1-year period

47.18%

75.09%

-27.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.58%

59.93%

-16.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.41%

55.47%

-8.06%

Financials

OLED vs. COHR - Financials Comparison

This section allows you to compare key financial metrics between Universal Display Corporation and Coherent, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
172.93M
1.69B
(OLED) Total Revenue
(COHR) Total Revenue
Values in USD except per share items

OLED vs. COHR - Profitability Comparison

The chart below illustrates the profitability comparison between Universal Display Corporation and Coherent, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%40.0%50.0%60.0%70.0%80.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
78.9%
37.0%
Portfolio components
OLED - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Universal Display Corporation reported a gross profit of 136.35M and revenue of 172.93M. Therefore, the gross margin over that period was 78.9%.

COHR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Coherent, Inc. reported a gross profit of 623.00M and revenue of 1.69B. Therefore, the gross margin over that period was 37.0%.

OLED - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Universal Display Corporation reported an operating income of 67.24M and revenue of 172.93M, resulting in an operating margin of 38.9%.

COHR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Coherent, Inc. reported an operating income of 199.00M and revenue of 1.69B, resulting in an operating margin of 11.8%.

OLED - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Universal Display Corporation reported a net income of 66.34M and revenue of 172.93M, resulting in a net margin of 38.4%.

COHR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Coherent, Inc. reported a net income of 147.00M and revenue of 1.69B, resulting in a net margin of 8.7%.