TXN’s 13% Decline in a Day Brings Valuations Into Focus – Is OLED a Better Deal?
OLED offers superior revenue growth across key periods, better profitability, and relatively lower valuation..
- OLED’s Last 12 Months revenue growth was 6.1%, vs. TXN’s -4.5%.
- In addition, its Last 3-Year Average growth came in at 4.4%, ahead of TXN’s -5.2%.
- OLED’s LTM margin is higher: 37.9% vs. TXN’s 34.3%.
That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure
Valuation & Performance Overview
| TXN | OLED | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 30.8 | 29.4 | OLED |
| Revenue Growth | |||
| Last Quarter | 11.1% | 0.6% | TXN |
| Last 12 Months | -4.5% | 6.1% | OLED |
| Last 3 Year Average | -5.2% | 4.4% | OLED |
| Operating Margins | |||
| Last 12 Months | 34.3% | 37.9% | OLED |
| Last 3 Year Average | 41.0% | 39.4% | TXN |
| Momentum | |||
| Last 3 Year Return | 24.3% | 37.4% | OLED |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: TXN Revenue Comparison | OLED Revenue Comparison
See more margin details: TXN Operating Income Comparison | OLED Operating Income Comparison
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| TXN Return | 32% | 18% | -10% | 6% | 13% | 16% | 100% | <=== | |
| OLED Return | 12% | -28% | -34% | 79% | -23% | 4% | -23% | ||
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 8% | 94% | ||
| Monthly Win Rates [3] | |||||||||
| TXN Win Rate | 75% | 67% | 42% | 58% | 50% | 50% | 57% | ||
| OLED Win Rate | 67% | 50% | 42% | 67% | 42% | 67% | 56% | ||
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 50% | 61% | <=== | |
| Max Drawdowns [4] | |||||||||
| TXN Max Drawdown | -27% | -1% | -20% | -12% | -7% | -22% | -15% | ||
| OLED Max Drawdown | -48% | -38% | -45% | -1% | -23% | -27% | -30% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <=== | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year till date (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year