EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

LG Display (034220) fair value: what the stock is really worth

As of Sep 23, 2026: fair value of LG Display KRW 6,869, price KRW 8,490, upside -19.1%, quality 42 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Technology · KR · ISIN KR7034220004

LD Thin data Sep 24, 2026

LG Display

034220 · KO

Weak valuationQuality is weak on top of the rich price.

!Fair value 6,869 KRW · Overvalued (−19%)
!Quality 42/100
!Weak Growth (revenue 5y +1.3 %/yr)
!Loss over the last twelve months · -0.3% net margin (TTM) · fiscal year 2025 0.9%
✓Moderate debt · generates free cash flow
!Mixed vs. peers (4/10)
!Narrow moat 22/100
!Evidence only low, so the estimate is less certain
!Weak on valuation: 8 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

23,280 KRW 7,620 KRW Fair Value 6,869 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range 7,620 KRW – 23,280 KRW · fair‑value band 6,869 KRW – 9,618 KRW · the 8,490 KRW price screens above the 6,869 KRW fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.

Follow LG Display in your weekly email

Every Wednesday you see whether LG Display is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

LG Display Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of organic light-emitting diode (OLED) and thin-film transistor liquid crystal display (TFT-LCD) panels in South Korea, China, the rest of Asia, North America, and Europe.

Show more

LG Display Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of organic light-emitting diode (OLED) and thin-film transistor liquid crystal display (TFT-LCD) panels in South Korea, China, the rest of Asia, North America, and Europe. The company offers display panels for televisions; monitors; IT products comprising notebook computers, desktop monitors, and tablet computers; laptops; smartphones and smartwatches; mobile phones and watches; automobiles; and other products with display devices. It also engages in the operation and management of welfare facilities; management of intellectual properties; production and sale of LCD modules and monitor sets; and investment in venture businesses and technologies. The company exports its products. The company was formerly known as LG.Philips LCD CO., Ltd. and changed its name to LG Display Co., Ltd. in March 2008. LG Display Co., Ltd. was incorporated in 1985 and is headquartered in Seoul, South Korea.

Stock analysis

LG Display (034220) currently trades at 8,490 KRW, while our model-based Fair Value estimate is 6,869 KRW, implying the stock looks roughly 23.6% overvalued today.

Show more

Valuation

Bull case: the Multiples group reads highest at a median of 10,147 KRW per share, and 9 of the 18 models we run sit above the 8,490 KRW price.

Bear case: the DCF Models group reads lowest at 2,213 KRW, and 9 of the 18 models stay below the price. Evidence for this calculation is low.

Scenario range: 6,869 KRW (bear) to 9,618 KRW (bull), the price of 8,490 KRW sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 42/100 (below-average quality), in the Technology sector.

Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.

LG Display reported revenue of 25.8T KRW in FY2025 versus 29.9T KRW in FY2021, a compound −3.6%/yr. Reported net income was 226B KRW in FY2025, compounding −33.9%/yr from FY2021.

Key figures

Market cap 5.5T KRW (≈ $3.9B) · P/S ratio 0.22 · Net margin 0.9% · Return on equity −0.5% · Return on assets (EBIT) −1.4% · Operating margin 2.7% · Revenue (TTM) 25.3T KRW · Revenue growth (YoY) −8.8%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).

What moves the price

The share trades about 49% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at −37% fair-value upside, at −19%, 034220 screens cheaper than that median.

Fair Value models

Bear 6,869 KRW Fair Value 6,869 KRW Bull 9,618 KRW
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income 9,531 KRW 9,266 KRW 7,880 KRW 76
Owner Earnings 43,965 KRW 63,894 KRW 101,655 KRW 75
5Y EBITDA Exit 60,353 KRW 109,337 KRW 175,374 KRW 73
All 19 models by family
DCF Models
FCF DCF 1,895 KRW 7,525 KRW 18,192 KRW 71
Owner Earnings 43,965 KRW 63,894 KRW 101,655 KRW 75
5Y Revenue Exit n/a 1,235 KRW 7,366 KRW 69
5Y EBITDA Exit 60,353 KRW 109,337 KRW 175,374 KRW 73
5Y P/E Exit n/a 722.70 KRW 5,560 KRW 68
10Y Revenue Exit n/a 2,213 KRW 6,019 KRW 64
10Y EBITDA Exit 36,672 KRW 70,030 KRW 107,937 KRW 67
10Y P/E Exit n/a 1,891 KRW 4,923 KRW 61
Earnings-Based
Graham-Dodd 3,078 KRW 4,496 KRW 5,306 KRW 67
Multiples
P/E Multiple 9,505 KRW 12,673 KRW 15,842 KRW 63
P/S Multiple 5,771 KRW 7,695 KRW 9,618 KRW 58
P/B Multiple 5,771 KRW 7,695 KRW 9,618 KRW 55
EV/EBIT 3,943 KRW 10,147 KRW 16,350 KRW 61
EV/EBITDA 116,852 KRW 160,692 KRW 204,532 KRW 67
EV/Revenue n/a n/a 2,805 KRW 50
Asset-Based
NCAV (Graham) 6,604 KRW 8,850 KRW 13,208 KRW 54
Growth DCF
Growth DCF 2,538 KRW 7,995 KRW 17,481 KRW 71
Economic Profit
Residual Income 9,531 KRW 9,266 KRW 7,880 KRW 76
Growth Earnings
Growth-Adj P/E 6,649 KRW 9,498 KRW 12,347 KRW 67

Open the full fair value analysis →

Notify me when 034220 reaches fair value

Put 034220 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 42/100

Of which business quality 40 · Market factors (momentum, volatility) 9

Profitability 31
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 11
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 20
Calm price path (market factor)
Momentum 6
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 40
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 40/100
Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Revenue growth 1 year
−3.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.3%
Start year 2020 (pandemic). Over 10 years: −0.9% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.5%
What shareholders gained per year (last 5 years), in KRW ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in KRW: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−32.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−32.8%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.0% → 2%
⚠ Revenue per share shrinking 4.0%/yr over ~6Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.

Growth Forecast

A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+34.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (South Korea: IMF forecast 2.1% a year to 2030, 2.1% from 2016 to 2025) that is about +32.1% a year for the price and +0.5% for the forecasts.
Forecast 2026 (sales)−3.5%
Forecast 2027 (sales)+4.6%
Projected 2028 (sales)+4.3%
Projected 2029 (sales)+3.9%
Projected 2030 (sales)+3.6%

034220 screens 24% overvalued. Compare with Samsung Electronics Co →

Compare LG Display with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Consumer Electronics · 127 stocks

Beats the industry median on 4/9 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 42 · Bottom 25%
Fair Value upside −19% · Below median
Profitability
Return on assets 1% · Above median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 3% · Above median
Growth and dividend
Revenue growth −9% · Below median
Balance sheet
Debt / equity 1.35× · Highest 25%

Valuation Multiplesvs Consumer Electronics median · lower = cheaper

P/FCF 0.0× · Cheapest 25%
EV/EBITDA 1.8× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)8 · sector 9
FUTURE (revenue growth)0 · sector 5
PAST (return on equity)0 · sector 18
HEALTH (low debt)33 · sector 97
DIVIDEND (yield)0 · sector 30

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Consumer Electronics stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Samsung Electronics Co 005930 285,500 KRW 163,849 KRW −43%
Sony Group SONY $23.42 $30.15 +29%
Xiaomi Corporation 1810 HK$26.18 HK$44.40 +70%
LG Electronics Inc 066570 209,000 KRW 97,565 KRW −53%
Huaqin Co 603296 ¥79.93 ¥39.69 −50%
Goertek Inc 002241 ¥24.64 ¥14.47 −41%
LG Corp 003550 111,900 KRW 87,717 KRW −22%
Shenzhen Transsion Holdings 688036 ¥55.65 ¥54.13 −3%
Anker Innovations Limited 300866 ¥123.90 ¥78.13 −37%
Dixon Technologies (India) Limited DIXON ₹13,200 ₹4,022 −70%

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "LG Display Fair Value". https://www.fairvalue-calculator.com/stock/034220

Frequently asked questions

Is LG Display (034220) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 6,869 KRW versus a price of 8,490 KRW, about −19% upside (overvalued).
What is the fair value of 034220?
Our model-based fair value for LG Display is 6,869 KRW (as of Sep 24, 2026), built from audited fundamentals. The current price: 8,490 KRW.
What is the quality score of 034220?
LG Display has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for LG Display (034220)?
Our model-based price target is the fair value of 6,869 KRW (as of Sep 24, 2026) from 19 valuation models. Cautious scenario 6,869 KRW, optimistic scenario 9,618 KRW. It is a calculation from audited fundamentals, not an analyst target.
What is the LG Display stock forecast for 2026?
Our models put fair value at 6,869 KRW, about −19% upside versus a price of 8,490 KRW (overvalued). Cautious scenario 6,869 KRW, optimistic scenario 9,618 KRW. The calculation is refreshed regularly with new filings.
What is the revenue of LG Display (034220)?
LG Display reported trailing-twelve-month revenue of about 25.3T KRW (latest available figure, as of Sep 24, 2026).
What growth is priced into LG Display (034220)?
For today's price to be fair in a discounted-cash-flow model, LG Display would have to grow free cash flow by +34.8 % per year for five years (discount rate 10.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +1.3 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 034220 use?
Our models discount LG Display at 10.8 %: a base by market capitalisation (mid), damped by beta 1.27, country premium for South Korea. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For LG Display that is +34.8 % per year a year over ten years, using the same discount rate (10.8 %) and the same formula as our fair value.
How much growth has LG Display (034220) delivered so far?
Over the past 5 years revenue at LG Display grew +1.3 % a year. The price currently implies +34.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of LG Display (034220) growing?
The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into LG Display (+34.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of LG Display (034220)?
The free-cash-flow yield on the price is 5.77 %: that much free cash flow LG Display produces per unit of market value. When it exceeds the discount rate of our models (10.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of LG Display (034220)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For LG Display it is 6,869 KRW per share (as of Sep 24, 2026), against a price of 8,490 KRW. It is the blended result of 19 valuation models (cash flow, earnings, asset, dividend).
Is LG Display stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 034220 trades above its calculated fair value: price 8,490 KRW, fair value 6,869 KRW, a gap of about −19% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 034220?
No. The price is what the market pays today (8,490 KRW); the fair value is what the company's own numbers justify (6,869 KRW). For LG Display the two are 1,621 KRW per share apart. That gap is exactly why we show both numbers side by side.
How much is LG Display worth?
The market values LG Display at about 5.5T KRW (market capitalisation, as of Sep 24, 2026). Per share that is 8,490 KRW; our models calculate a fair value of 6,869 KRW per share.
What do the bullish and bearish scenarios say about 034220?
Our models span a range for LG Display: cautious scenario 6,869 KRW, base 6,869 KRW, optimistic 9,618 KRW per share (as of Sep 24, 2026, price 8,490 KRW). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of LG Display (034220)?
Balance-sheet figures for LG Display (as of Sep 24, 2026): return on equity −0.5%, debt of 1.35 per unit of equity. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is 034220 from its 52-week high?
LG Display trades at 8,490 KRW, about 49% below its 52-week high of 16,690 KRW and 1% above the low of 8,380 KRW (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 6,869 KRW is for.
Which stocks are comparable to LG Display?
From the same area (Technology) we also value Samsung Electronics Co, Sony Group, Xiaomi Corporation, LG Electronics Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is LG Display stock attractive at the current price?
The data as of Sep 24, 2026: price 8,490 KRW, calculated fair value 6,869 KRW (−19%), Quality Score 42/100, from 19 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 034220 calculated?
We run LG Display through 19 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 6,869 KRW, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. LG Display itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of LG Display (034220)?
The closing price on Sep 23, 2026 was 8,490 KRW. Our model-based fair value is 6,869 KRW, about −19% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with LG Display right now?
Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of LG Display

How large is the market capitalisation of LG Display (034220)?
The market capitalisation of LG Display is 5.5T KRW (≈ $3.9B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of LG Display (034220)?
The price-to-sales ratio of LG Display is 0.22 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of LG Display (034220)?
The net margin of LG Display is 0.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of LG Display (034220)?
The return on equity (ROE) of LG Display is −0.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of LG Display (034220)?
On an EBIT basis the return on assets of LG Display is −1.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of LG Display (034220)?
The operating margin of LG Display is 2.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at LG Display (034220)?
Revenue at LG Display is growing −8.8% versus a year earlier (3y avg −0.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at LG Display (034220)?
Earnings per share at LG Display are growing −76.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does LG Display (034220) carry?
The net debt of LG Display is 11.1T KRW (fiscal year 2025, ≈ 45.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch LG Display in the live analysis

One click puts LG Display on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.