CORNING INC (GLW.DE) Fundamental Analysis & Valuation

FRA:GLW • US2193501051

Current stock price

142.18 EUR
+0.96 (+0.68%)
Last:

This GLW.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

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.
  • In the past 5 years GLW has always been profitable.
  • Each year in the past 5 years GLW had a positive operating cash flow.
GLW.DE Yearly Net Income VS EBIT VS OCF VS FCFGLW.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

1.2 Ratios

  • GLW's Return On Assets of 5.15% is amongst the best of the industry. GLW outperforms 81.48% of its industry peers.
  • Looking at the Return On Equity, with a value of 13.52%, GLW belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
  • GLW's Return On Invested Capital of 7.09% is fine compared to the rest of the industry. GLW outperforms 70.37% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for GLW is below the industry average of 8.22%.
  • The 3 year average ROIC (4.64%) for GLW is below the current ROIC(7.09%), indicating increased profibility in the last year.
Industry RankSector 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%
GLW.DE Yearly ROA, ROE, ROICGLW.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20

1.3 Margins

  • GLW has a Profit Margin of 10.21%. This is amongst the best in the industry. GLW outperforms 88.89% 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 87.04% of its industry peers.
  • In the last couple of years the Operating Margin of GLW has grown nicely.
  • GLW has a Gross Margin of 35.97%. This is comparable to the rest of the industry: GLW outperforms 42.59% of its industry peers.
  • In the last couple of years the Gross Margin of GLW has grown nicely.
Industry RankSector 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%
GLW.DE Yearly Profit, Operating, Gross MarginsGLW.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

4

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
  • Compared to 5 years ago, GLW has more shares outstanding
  • GLW has a worse debt/assets ratio than last year.
GLW.DE Yearly Shares OutstandingGLW.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
GLW.DE Yearly Total Debt VS Total AssetsGLW.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 6.09 indicates that GLW is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 6.09, GLW belongs to the top of the industry, outperforming 81.48% of the companies in the same industry.
  • 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 of 5.97. This is comparable to the rest of the industry: GLW outperforms 50.00% of its industry peers.
  • A Debt/Equity ratio of 0.65 indicates that GLW is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.65, GLW is doing worse than 72.22% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Altman-Z 6.09
ROIC/WACC0.73
WACC9.74%
GLW.DE Yearly LT Debt VS Equity VS FCFGLW.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 1.59 indicates that GLW should not have too much problems paying its short term obligations.
  • GLW has a Current ratio (1.59) which 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.
  • GLW has a Quick ratio (1.04) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.59
Quick Ratio 1.04
GLW.DE Yearly Current Assets VS Current LiabilitesGLW.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

7

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.
  • Looking at the last year, GLW shows a quite strong growth in Revenue. The Revenue has grown by 19.14% in the last year.
  • Measured over the past years, GLW shows a small growth in Revenue. The Revenue has been growing by 6.70% on average per year.
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

  • The Earnings Per Share is expected to grow by 22.85% on average over the next years. This is a very strong growth
  • 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.
GLW.DE Yearly Revenue VS EstimatesGLW.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B 20B
GLW.DE Yearly EPS VS EstimatesGLW.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

2

4. GLW.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 66.13, GLW can be considered very expensive at the moment.
  • The rest of the industry has a similar Price/Earnings ratio as GLW.
  • The average S&P500 Price/Earnings ratio is at 27.79. GLW is valued rather expensively when compared to this.
  • Based on the Price/Forward Earnings ratio of 53.27, the valuation of GLW can be described as expensive.
  • Based on the Price/Forward Earnings ratio, GLW is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
  • When comparing the Price/Forward Earnings ratio of GLW to the average of the S&P500 Index (38.88), we can say GLW is valued slightly more expensively.
Industry RankSector Rank
PE 66.13
Fwd PE 53.27
GLW.DE Price Earnings VS Forward Price EarningsGLW.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLW indicates a slightly more expensive valuation: GLW is more expensive than 62.96% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, GLW is valued a bit more expensive than the industry average as 74.07% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 101.71
EV/EBITDA 41.27
GLW.DE Per share dataGLW.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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)2.74
PEG (5Y)5.26
EPS Next 2Y24.45%
EPS Next 3Y23.09%

3

5. GLW.DE Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.67%, GLW is not a good candidate for dividend investing.
  • GLW's Dividend Yield is comparable with the industry average which is at 1.49.
  • With a Dividend Yield of 0.67, GLW pays less dividend than the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 0.67%

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
GLW.DE Yearly Dividends per shareGLW.DE Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • GLW pays out 62.59% of its income as dividend. This is not a sustainable payout ratio.
  • GLW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.59%
EPS Next 2Y24.45%
EPS Next 3Y23.09%
GLW.DE Yearly Income VS Free CF VS DividendGLW.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B
GLW.DE Dividend Payout.GLW.DE Dividend Payout, showing the Payout Ratio.GLW.DE Dividend Payout.PayoutRetained Earnings

GLW.DE Fundamentals: All Metrics, Ratios and Statistics

CORNING INC

FRA:GLW (4/22/2026, 5:29:21 PM)

142.18

+0.96 (+0.68%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-03
Earnings (Next)05-05
Inst Owners74.67%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap122.13B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts80.95
Price Target118.33 (-16.77%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.67%
Yearly Dividend1.04
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)-0.03%
EPS NQ rev (3m)4.05%
EPS NY rev (1m)0.61%
EPS NY rev (3m)1.54%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.11%
Valuation
Industry RankSector Rank
PE 66.13
Fwd PE 53.27
P/S 9.2
P/FCF 101.71
P/OCF 53.33
P/B 12.17
P/tB 16.59
EV/EBITDA 41.27
EPS(TTM)2.15
EY1.51%
EPS(NY)2.67
Fwd EY1.88%
FCF(TTM)1.4
FCFY0.98%
OCF(TTM)2.67
OCFY1.88%
SpS15.46
BVpS11.68
TBVpS8.57
PEG (NY)2.74
PEG (5Y)5.26
Graham Number23.771 (-83.28%)
Profitability
Industry RankSector 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 RankSector 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 6.09
F-Score8
WACC9.74%
ROIC/WACC0.73
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 66.13 and the Price/Book (PB) ratio is 12.17.


What is the financial health of CORNING INC (GLW.DE) stock?

The financial health rating of CORNING INC (GLW.DE) is 4 / 10.