CORNING INC (GLW.DE) Stock Fundamental Analysis

FRA:GLW • US2193501051

110.4 EUR
-0.78 (-0.7%)
Last: Feb 13, 2026, 07:00 PM
Fundamental Rating

5

GLW gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 53 industry peers in the Electronic Equipment, Instruments & Components industry. GLW scores excellent on profitability, but there are some minor concerns on its financial health. GLW is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • GLW had positive earnings in the past year.
  • In the past year GLW had a positive cash flow from operations.
  • GLW had positive earnings in each of the past 5 years.
  • In the past 5 years GLW always reported a positive cash flow from operatings.
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

  • The Return On Assets of GLW (5.15%) is better than 75.47% of its industry peers.
  • GLW has a better Return On Equity (13.52%) than 79.25% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 7.09%, GLW is in the better half of the industry, outperforming 71.70% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for GLW is below the industry average of 7.61%.
  • 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's Profit Margin of 10.21% is amongst the best of the industry. GLW outperforms 90.57% 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 86.79% of its industry peers.
  • In the last couple of years the Operating Margin of GLW has grown nicely.
  • With a Gross Margin value of 35.97%, GLW perfoms like the industry average, outperforming 41.51% of the companies in the same industry.
  • GLW's Gross Margin has improved in the last couple of years.
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. Health

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.
  • The number of shares outstanding for GLW has been reduced compared to 1 year ago.
  • GLW has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for GLW is higher compared to a year ago.
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 4.94 indicates that GLW is not in any danger for bankruptcy at the moment.
  • GLW has a Altman-Z score of 4.94. This is amongst the best in the industry. GLW outperforms 83.02% 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 of 5.97. This is comparable to the rest of the industry: GLW outperforms 56.60% of its industry peers.
  • A Debt/Equity ratio of 0.65 indicates that 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 67.92% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Altman-Z 4.94
ROIC/WACC0.76
WACC9.28%
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

  • 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.
  • GLW has a Current ratio of 1.59. This is comparable to the rest of the industry: GLW outperforms 50.94% of its industry peers.
  • 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 56.60% of the companies in the same 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. Growth

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

  • 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 11.79% yearly.
EPS Next Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y22.85%
Revenue Next Year13.3%
Revenue Next 2Y12.4%
Revenue Next 3Y11.79%
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.
  • 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. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 51.83, the valuation of GLW can be described as expensive.
  • GLW's Price/Earnings ratio is in line with the industry average.
  • GLW is valuated expensively when we compare the Price/Earnings ratio to 26.68, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 42.28 indicates a quite expensive valuation of GLW.
  • Based on the Price/Forward Earnings ratio, GLW is valued a bit more expensive than the industry average as 69.81% of the companies are valued more cheaply.
  • The average S&P500 Price/Forward Earnings ratio is at 28.06. GLW is valued rather expensively when compared to this.
Industry RankSector Rank
PE 51.83
Fwd PE 42.28
GLW.DE Price Earnings VS Forward Price EarningsGLW.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, GLW is valued a bit more expensive than 67.92% of the companies in the same industry.
  • 69.81% of the companies in the same industry are cheaper than GLW, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 74.89
EV/EBITDA 31.09
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.
  • The excellent profitability rating of GLW may justify a higher PE ratio.
  • GLW's earnings are expected to grow with 21.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.31
PEG (5Y)4.13
EPS Next 2Y22.37%
EPS Next 3Y21.09%

3

5. Dividend

5.1 Amount

  • GLW has a yearly dividend return of 0.85%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.50, GLW has a dividend in line with its industry peers.
  • With a Dividend Yield of 0.85, GLW pays less dividend than the S&P500 average, which is at 1.84.
Industry RankSector Rank
Dividend Yield 0.85%

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
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

  • 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 2Y22.37%
EPS Next 3Y21.09%
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

CORNING INC

FRA:GLW (2/13/2026, 7:00:00 PM)

110.4

-0.78 (-0.7%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-03
Earnings (Next)04-27
Inst Owners75.9%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap89.20B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts81
Price Target96.38 (-12.7%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.85%
Yearly Dividend1.04
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)15.56%
PT rev (3m)33.81%
EPS NQ rev (1m)3.18%
EPS NQ rev (3m)3.65%
EPS NY rev (1m)0.14%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)0.37%
Revenue NQ rev (3m)0.59%
Revenue NY rev (1m)1.25%
Revenue NY rev (3m)1.75%
Valuation
Industry RankSector Rank
PE 51.83
Fwd PE 42.28
P/S 6.77
P/FCF 74.89
P/OCF 39.26
P/B 8.96
P/tB 12.22
EV/EBITDA 31.09
EPS(TTM)2.13
EY1.93%
EPS(NY)2.61
Fwd EY2.37%
FCF(TTM)1.47
FCFY1.34%
OCF(TTM)2.81
OCFY2.55%
SpS16.31
BVpS12.32
TBVpS9.04
PEG (NY)2.31
PEG (5Y)4.13
Graham Number24.3
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 250
Cash Conversion 74.32%
Profit Quality 88.53%
Current Ratio 1.59
Quick Ratio 1.04
Altman-Z 4.94
F-Score8
WACC9.28%
ROIC/WACC0.76
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 Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y22.85%
Revenue 1Y (TTM)19.14%
Revenue growth 3Y3.27%
Revenue growth 5Y6.7%
Sales Q2Q%13.89%
Revenue Next Year13.3%
Revenue Next 2Y12.4%
Revenue Next 3Y11.79%
Revenue Next 5YN/A
EBIT growth 1Y100.79%
EBIT growth 3Y16.59%
EBIT growth 5Y34.96%
EBIT Next Year66.83%
EBIT Next 3Y33.94%
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 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 1 / 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 7 / 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 22.43% 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%.