CORNING INC (GLW.DE) Fundamental Analysis & Valuation
FRA:GLW • US2193501051
Current stock price
117.62 EUR
-1.38 (-1.16%)
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.
- In the past year GLW had a positive cash flow from operations.
- Each year in the past 5 years GLW has been profitable.
- In the past 5 years GLW always reported a positive cash flow from operatings.
1.2 Ratios
- GLW has a Return On Assets of 5.15%. This is in the better half of the industry: GLW outperforms 78.00% of its industry peers.
- GLW has a Return On Equity of 13.52%. This is in the better half of the industry: GLW outperforms 78.00% of its industry peers.
- GLW has a better Return On Invested Capital (7.09%) than 70.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for GLW is below the industry average of 7.76%.
- 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 has a Profit Margin of 10.21%. This is amongst the best in the industry. GLW outperforms 90.00% of its industry peers.
- In the last couple of years the Profit Margin of GLW has grown nicely.
- GLW's Operating Margin of 14.58% is amongst the best of the industry. GLW outperforms 88.00% of its industry peers.
- GLW's Operating Margin has improved in the last couple of years.
- The Gross Margin of GLW (35.97%) is comparable to the rest of the industry.
- 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.
- Compared to 1 year ago, GLW has less shares outstanding
- The number of shares outstanding for GLW has been increased compared to 5 years ago.
- GLW has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 5.31 indicates that GLW is not in any danger for bankruptcy at the moment.
- The Altman-Z score of GLW (5.31) is better than 86.00% of its industry peers.
- The Debt to FCF ratio of GLW is 5.97, which is a neutral value as it means it would take GLW, 5.97 years of fcf income to pay off all of its debts.
- GLW has a Debt to FCF ratio (5.97) which is comparable to the rest of the industry.
- GLW has a Debt/Equity ratio of 0.65. This is a neutral value indicating GLW is somewhat dependend on debt financing.
- GLW's Debt to Equity ratio of 0.65 is on the low side compared to the rest of the industry. GLW is outperformed by 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 5.31 |
ROIC/WACC0.75
WACC9.4%
2.3 Liquidity
- GLW has a Current Ratio of 1.59. This is a normal value and indicates that GLW is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of GLW (1.59) is comparable to the rest of the industry.
- A Quick Ratio of 1.04 indicates that GLW should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.04, GLW is in line with its industry, outperforming 60.00% of the companies in the same 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.
- Measured over the past years, GLW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.56% on average per year.
- Looking at the last year, GLW shows a quite strong growth in Revenue. The Revenue has grown by 19.14% in the last year.
- GLW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.70% yearly.
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.
- Based on estimates for the next years, GLW will show a quite strong growth in Revenue. The Revenue will grow by 12.61% on average per year.
EPS Next Y23.38%
EPS Next 2Y23.56%
EPS Next 3Y22.9%
EPS Next 5Y22.85%
Revenue Next Year14.27%
Revenue Next 2Y13.6%
Revenue Next 3Y12.61%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. GLW.DE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 53.71 indicates a quite expensive valuation of GLW.
- Compared to the rest of the industry, the Price/Earnings ratio of GLW is on the same level as its industry peers.
- GLW is valuated expensively when we compare the Price/Earnings ratio to 24.88, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 43.48 indicates a quite expensive valuation of GLW.
- 64.00% of the companies in the same industry are cheaper than GLW, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 22.19. GLW is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.71 | ||
| Fwd PE | 43.48 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, GLW is valued a bit more expensive than 70.00% of the companies in the same industry.
- 70.00% of the companies in the same industry are cheaper than GLW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 82.41 | ||
| EV/EBITDA | 34.4 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GLW does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of GLW may justify a higher PE ratio.
- A more expensive valuation may be justified as GLW's earnings are expected to grow with 22.90% in the coming years.
PEG (NY)2.3
PEG (5Y)4.27
EPS Next 2Y23.56%
EPS Next 3Y22.9%
5. GLW.DE Dividend Analysis
5.1 Amount
- GLW has a yearly dividend return of 0.83%, which is pretty low.
- GLW's Dividend Yield is comparable with the industry average which is at 1.72.
- Compared to an average S&P500 Dividend Yield of 1.89, GLW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.83% |
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 Years4
5.3 Sustainability
- 62.59% of the earnings are spent on dividend by GLW. 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 2Y23.56%
EPS Next 3Y22.9%
GLW.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:GLW (3/27/2026, 7:00:00 PM)
117.62
-1.38 (-1.16%)
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)04-27 2026-04-27/bmo
Inst Owners74.83%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap100.91B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts82
Price Target106.77 (-9.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.83% |
Yearly Dividend1.07
Dividend Growth(5Y)3.64%
DP62.59%
Div Incr Years0
Div Non Decr Years4
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)10.78%
PT rev (3m)32.97%
EPS NQ rev (1m)0.88%
EPS NQ rev (3m)4.08%
EPS NY rev (1m)0.78%
EPS NY rev (3m)0.92%
Revenue NQ rev (1m)0.56%
Revenue NQ rev (3m)0.94%
Revenue NY rev (1m)0.85%
Revenue NY rev (3m)2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.71 | ||
| Fwd PE | 43.48 | ||
| P/S | 7.45 | ||
| P/FCF | 82.41 | ||
| P/OCF | 43.21 | ||
| P/B | 9.86 | ||
| P/tB | 13.44 | ||
| EV/EBITDA | 34.4 |
EPS(TTM)2.19
EY1.86%
EPS(NY)2.71
Fwd EY2.3%
FCF(TTM)1.43
FCFY1.21%
OCF(TTM)2.72
OCFY2.31%
SpS15.79
BVpS11.93
TBVpS8.75
PEG (NY)2.3
PEG (5Y)4.27
Graham Number24.24
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 | 5.31 |
F-Score8
WACC9.4%
ROIC/WACC0.75
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 Y23.38%
EPS Next 2Y23.56%
EPS Next 3Y22.9%
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 2Y13.6%
Revenue Next 3Y12.61%
Revenue Next 5YN/A
EBIT growth 1Y100.79%
EBIT growth 3Y16.59%
EBIT growth 5Y34.96%
EBIT Next Year70.05%
EBIT Next 3Y30.18%
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.
How profitable is CORNING INC (GLW.DE) stock?
CORNING INC (GLW.DE) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for GLW stock?
The Earnings per Share (EPS) of CORNING INC (GLW.DE) is expected to grow by 23.38% in the next year.
Can you provide the dividend sustainability for GLW stock?
The dividend rating of CORNING INC (GLW.DE) is 3 / 10 and the dividend payout ratio is 62.59%.