CORNING INC (GLW.DE) Fundamental Analysis & Valuation
FRA:GLW • US2193501051
Current stock price
150.84 EUR
+3.9 (+2.65%)
Last:
This GLW.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. GLW.DE Profitability Analysis
1.1 Basic Checks
- In the past year GLW was profitable.
- GLW had a positive operating cash flow in the past year.
- GLW had positive earnings in each of the past 5 years.
- GLW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 5.15%, GLW belongs to the top of the industry, outperforming 82.98% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 13.52%, GLW belongs to the top of the industry, outperforming 85.11% of the companies in the same industry.
- GLW has a Return On Invested Capital of 7.09%. This is in the better half of the industry: GLW outperforms 72.34% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for GLW is below the industry average of 7.73%.
- The 3 year average ROIC (4.64%) for GLW is below the current ROIC(7.09%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.15% | ||
| ROE | 13.52% | ||
| ROIC | 7.09% |
ROA(3y)3.01%
ROA(5y)3.41%
ROE(3y)7.76%
ROE(5y)8.6%
ROIC(3y)4.64%
ROIC(5y)5.03%
1.3 Margins
- GLW's Profit Margin of 10.21% is amongst the best of the industry. GLW outperforms 93.62% of its industry peers.
- GLW's Profit Margin has improved in the last couple of years.
- The Operating Margin of GLW (14.58%) is better than 93.62% of its industry peers.
- GLW's Operating Margin has improved in the last couple of years.
- GLW's Gross Margin of 35.97% is in line compared to the rest of the industry. GLW outperforms 42.55% of its industry peers.
- In the last couple of years the Gross Margin of GLW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.58% | ||
| PM (TTM) | 10.21% | ||
| GM | 35.97% |
OM growth 3Y12.89%
OM growth 5Y26.49%
PM growth 3Y3.26%
PM growth 5Y22.76%
GM growth 3Y4.24%
GM growth 5Y2.86%
2. GLW.DE Health Analysis
2.1 Basic Checks
- GLW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- GLW has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for GLW has been increased compared to 5 years ago.
- The debt/assets ratio for GLW is higher compared to a year ago.
2.2 Solvency
- GLW has an Altman-Z score of 6.37. This indicates that GLW is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of GLW (6.37) is better than 82.98% of its industry peers.
- GLW has a debt to FCF ratio of 5.97. This is a neutral value as GLW would need 5.97 years to pay back of all of its debts.
- GLW has a Debt to FCF ratio (5.97) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.65 indicates that GLW is somewhat dependend on debt financing.
- GLW has a Debt to Equity ratio of 0.65. This is in the lower half of the industry: GLW underperforms 78.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 6.37 |
ROIC/WACC0.72
WACC9.89%
2.3 Liquidity
- A Current Ratio of 1.59 indicates that GLW should not have too much problems paying its short term obligations.
- GLW's Current ratio of 1.59 is in line compared to the rest of the industry. GLW outperforms 46.81% of its industry peers.
- A Quick Ratio of 1.04 indicates that GLW should not have too much problems paying its short term obligations.
- GLW has a Quick ratio (1.04) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.04 |
3. GLW.DE Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 29.08% over the past year.
- GLW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.56% yearly.
- The Revenue has grown by 19.14% in the past year. This is quite good.
- The Revenue has been growing slightly by 6.70% on average over the past years.
EPS 1Y (TTM)29.08%
EPS 3Y6.58%
EPS 5Y12.56%
EPS Q2Q%26.32%
Revenue 1Y (TTM)19.14%
Revenue growth 3Y3.27%
Revenue growth 5Y6.7%
Sales Q2Q%13.89%
3.2 Future
- Based on estimates for the next years, GLW will show a very strong growth in Earnings Per Share. The EPS will grow by 22.85% on average per year.
- GLW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.60% yearly.
EPS Next Y24.13%
EPS Next 2Y24.45%
EPS Next 3Y23.09%
EPS Next 5Y22.85%
Revenue Next Year14.27%
Revenue Next 2Y13.53%
Revenue Next 3Y12.6%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. GLW.DE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 69.83 indicates a quite expensive valuation of GLW.
- GLW's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of GLW to the average of the S&P500 Index (27.42), we can say GLW is valued expensively.
- Based on the Price/Forward Earnings ratio of 56.25, the valuation of GLW can be described as expensive.
- Based on the Price/Forward Earnings ratio, GLW is valued a bit more expensive than 61.70% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of GLW to the average of the S&P500 Index (22.29), we can say GLW is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.83 | ||
| Fwd PE | 56.25 |
4.2 Price Multiples
- GLW's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GLW is more expensive than 61.70% of the companies in the same industry.
- GLW's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. GLW is more expensive than 74.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 107.4 | ||
| EV/EBITDA | 43.76 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- GLW has an outstanding profitability rating, which may justify a higher PE ratio.
- GLW's earnings are expected to grow with 23.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.89
PEG (5Y)5.56
EPS Next 2Y24.45%
EPS Next 3Y23.09%
5. GLW.DE Dividend Analysis
5.1 Amount
- GLW has a yearly dividend return of 0.66%, which is pretty low.
- GLW's Dividend Yield is comparable with the industry average which is at 1.61.
- Compared to an average S&P500 Dividend Yield of 1.81, GLW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.66% |
5.2 History
- The dividend of GLW has a limited annual growth rate of 3.64%.
Dividend Growth(5Y)3.64%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
- GLW pays out 62.59% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of GLW is growing, but earnings are growing more, so the dividend growth is sustainable.
DP62.59%
EPS Next 2Y24.45%
EPS Next 3Y23.09%
GLW.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:GLW (4/24/2026, 7:00:00 PM)
150.84
+3.9 (+2.65%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-03 2026-02-03/amc
Earnings (Next)04-28 2026-04-28/bmo
Inst Owners74.67%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap129.57B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts80.95
Price Target118.33 (-21.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.66% |
Yearly Dividend1.05
Dividend Growth(5Y)3.64%
DP62.59%
Div Incr Years0
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.51%
Min EPS beat(2)-0.04%
Max EPS beat(2)1.06%
EPS beat(4)3
Avg EPS beat(4)2.75%
Min EPS beat(4)-0.04%
Max EPS beat(4)5.64%
EPS beat(8)7
Avg EPS beat(8)2.65%
EPS beat(12)8
Avg EPS beat(12)1.37%
EPS beat(16)10
Avg EPS beat(16)1.76%
Revenue beat(2)2
Avg Revenue beat(2)0.22%
Min Revenue beat(2)0.07%
Max Revenue beat(2)0.36%
Revenue beat(4)3
Avg Revenue beat(4)1.07%
Min Revenue beat(4)-0.03%
Max Revenue beat(4)3.88%
Revenue beat(8)6
Avg Revenue beat(8)1.24%
Revenue beat(12)6
Avg Revenue beat(12)0.03%
Revenue beat(16)7
Avg Revenue beat(16)-0.82%
PT rev (1m)10.83%
PT rev (3m)44.11%
EPS NQ rev (1m)0.23%
EPS NQ rev (3m)4.14%
EPS NY rev (1m)0.61%
EPS NY rev (3m)1.04%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)0.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.83 | ||
| Fwd PE | 56.25 | ||
| P/S | 9.71 | ||
| P/FCF | 107.4 | ||
| P/OCF | 56.31 | ||
| P/B | 12.85 | ||
| P/tB | 17.52 | ||
| EV/EBITDA | 43.76 |
EPS(TTM)2.16
EY1.43%
EPS(NY)2.68
Fwd EY1.78%
FCF(TTM)1.4
FCFY0.93%
OCF(TTM)2.68
OCFY1.78%
SpS15.53
BVpS11.74
TBVpS8.61
PEG (NY)2.89
PEG (5Y)5.56
Graham Number23.8821 (-84.17%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.15% | ||
| ROE | 13.52% | ||
| ROCE | 8.99% | ||
| ROIC | 7.09% | ||
| ROICexc | 7.54% | ||
| ROICexgc | 8.69% | ||
| OM | 14.58% | ||
| PM (TTM) | 10.21% | ||
| GM | 35.97% | ||
| FCFM | 9.04% |
ROA(3y)3.01%
ROA(5y)3.41%
ROE(3y)7.76%
ROE(5y)8.6%
ROIC(3y)4.64%
ROIC(5y)5.03%
ROICexc(3y)4.98%
ROICexc(5y)5.42%
ROICexgc(3y)5.78%
ROICexgc(5y)6.35%
ROCE(3y)5.88%
ROCE(5y)6.38%
ROICexgc growth 3Y13.81%
ROICexgc growth 5Y34.82%
ROICexc growth 3Y14.65%
ROICexc growth 5Y35.54%
OM growth 3Y12.89%
OM growth 5Y26.49%
PM growth 3Y3.26%
PM growth 5Y22.76%
GM growth 3Y4.24%
GM growth 5Y2.86%
F-Score8
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.97 | ||
| Debt/EBITDA | 2.1 | ||
| Cap/Depr | 95.17% | ||
| Cap/Sales | 8.2% | ||
| Interest Coverage | 7.33 | ||
| Cash Conversion | 74.32% | ||
| Profit Quality | 88.53% | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 6.37 |
F-Score8
WACC9.89%
ROIC/WACC0.72
Cap/Depr(3y)89.4%
Cap/Depr(5y)97.84%
Cap/Sales(3y)8.87%
Cap/Sales(5y)9.91%
Profit Quality(3y)128.96%
Profit Quality(5y)125.64%
High Growth Momentum
Growth
EPS 1Y (TTM)29.08%
EPS 3Y6.58%
EPS 5Y12.56%
EPS Q2Q%26.32%
EPS Next Y24.13%
EPS Next 2Y24.45%
EPS Next 3Y23.09%
EPS Next 5Y22.85%
Revenue 1Y (TTM)19.14%
Revenue growth 3Y3.27%
Revenue growth 5Y6.7%
Sales Q2Q%13.89%
Revenue Next Year14.27%
Revenue Next 2Y13.53%
Revenue Next 3Y12.6%
Revenue Next 5YN/A
EBIT growth 1Y100.79%
EBIT growth 3Y16.59%
EBIT growth 5Y34.96%
EBIT Next Year70.46%
EBIT Next 3Y30.09%
EBIT Next 5Y29.33%
FCF growth 1Y45.07%
FCF growth 3Y11.81%
FCF growth 5Y11.97%
OCF growth 1Y38.99%
OCF growth 3Y1.01%
OCF growth 5Y4.33%
CORNING INC / GLW.DE Fundamental Analysis FAQ
What is the ChartMill fundamental rating of CORNING INC (GLW.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to GLW.DE.
What is the valuation status of CORNING INC (GLW.DE) stock?
ChartMill assigns a valuation rating of 2 / 10 to CORNING INC (GLW.DE). This can be considered as Overvalued.
Can you provide the profitability details for CORNING INC?
CORNING INC (GLW.DE) has a profitability rating of 8 / 10.
What are the PE and PB ratios of CORNING INC (GLW.DE) stock?
The Price/Earnings (PE) ratio for CORNING INC (GLW.DE) is 69.83 and the Price/Book (PB) ratio is 12.85.
What is the financial health of CORNING INC (GLW.DE) stock?
The financial health rating of CORNING INC (GLW.DE) is 4 / 10.