CORNING INC (GLW.DE) Fundamental Analysis & Valuation

FRA:GLW • US2193501051

Current stock price

113.34 EUR
-2.02 (-1.75%)
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.
  • In the past year GLW had a positive cash flow from operations.
  • In the past 5 years GLW has always been profitable.
  • GLW had a positive operating cash flow in each of the past 5 years.
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 has a Return On Assets of 5.15%. This is in the better half of the industry: GLW outperforms 76.47% 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 80.39% 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 70.59% of its industry peers.
  • GLW had an Average Return On Invested Capital over the past 3 years of 4.64%. This is below the industry average of 7.41%.
  • The last Return On Invested Capital (7.09%) for GLW is above the 3 year average (4.64%), which is a sign of increasing profitability.
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

  • The Profit Margin of GLW (10.21%) is better than 90.20% of its industry peers.
  • GLW's Profit Margin has improved in the last couple of years.
  • GLW's Operating Margin of 14.58% is amongst the best of the industry. GLW outperforms 88.24% of its industry peers.
  • GLW's Operating Margin has improved in the last couple of years.
  • GLW has a Gross Margin (35.97%) which is comparable to the rest of the industry.
  • 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

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4

2. GLW.DE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GLW is destroying value.
  • Compared to 1 year ago, GLW has less shares outstanding
  • 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

  • GLW has an Altman-Z score of 5.13. This indicates that GLW is financially healthy and has little risk of bankruptcy at the moment.
  • GLW's Altman-Z score of 5.13 is amongst the best of the industry. GLW outperforms 86.27% 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.
  • The Debt to FCF ratio of GLW (5.97) 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.
  • The Debt to Equity ratio of GLW (0.65) is worse than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Altman-Z 5.13
ROIC/WACC0.79
WACC8.94%
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.
  • The Current ratio of GLW (1.59) is comparable to the rest of the industry.
  • GLW has a Quick Ratio of 1.04. This is a normal value and indicates that GLW is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Quick ratio value of 1.04, GLW perfoms like the industry average, outperforming 58.82% 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

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7

3. GLW.DE Growth Analysis

3.1 Past

  • GLW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.08%, which is quite impressive.
  • 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.
  • 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.
  • 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 Year13.84%
Revenue Next 2Y12.83%
Revenue Next 3Y12.61%
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

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2

4. GLW.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 51.75, the valuation of GLW can be described as expensive.
  • The rest of the industry has a similar Price/Earnings ratio as GLW.
  • GLW's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.11.
  • A Price/Forward Earnings ratio of 41.87 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 66.67% of the companies are valued more cheaply.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, GLW is valued quite expensively.
Industry RankSector Rank
PE 51.75
Fwd PE 41.87
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 the industry average as 70.59% of the companies are valued more cheaply.
  • Based on the Price/Free Cash Flow ratio, GLW is valued a bit more expensive than the industry average as 72.55% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 79.35
EV/EBITDA 32.83
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 GLW does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of GLW may justify a higher PE ratio.
  • GLW's earnings are expected to grow with 22.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.21
PEG (5Y)4.12
EPS Next 2Y23.56%
EPS Next 3Y22.9%

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3

5. GLW.DE Dividend Analysis

5.1 Amount

  • GLW has a yearly dividend return of 0.86%, which is pretty low.
  • GLW's Dividend Yield is comparable with the industry average which is at 1.65.
  • Compared to an average S&P500 Dividend Yield of 1.91, GLW's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.86%

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 2Y23.56%
EPS Next 3Y22.9%
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

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GLW.DE Fundamentals: All Metrics, Ratios and Statistics

CORNING INC

FRA:GLW (3/17/2026, 7:00:00 PM)

113.34

-2.02 (-1.75%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-03
Earnings (Next)04-27
Inst Owners74.83%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap97.24B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts82
Price Target106.77 (-5.8%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.86%
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)0.73%
EPS NQ rev (3m)3.93%
EPS NY rev (1m)0.78%
EPS NY rev (3m)0.92%
Revenue NQ rev (1m)0.49%
Revenue NQ rev (3m)0.87%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)1.73%
Valuation
Industry RankSector Rank
PE 51.75
Fwd PE 41.87
P/S 7.17
P/FCF 79.35
P/OCF 41.61
P/B 9.5
P/tB 12.95
EV/EBITDA 32.83
EPS(TTM)2.19
EY1.93%
EPS(NY)2.71
Fwd EY2.39%
FCF(TTM)1.43
FCFY1.26%
OCF(TTM)2.72
OCFY2.4%
SpS15.8
BVpS11.93
TBVpS8.75
PEG (NY)2.21
PEG (5Y)4.12
Graham Number24.25
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 5.13
F-Score8
WACC8.94%
ROIC/WACC0.79
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 Year13.84%
Revenue Next 2Y12.83%
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%.