CORNING INC (GLW.DE) Fundamental Analysis & Valuation

FRA:GLW • US2193501051

Current stock price

110.62 EUR
-4.28 (-3.72%)
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

  • GLW had positive earnings in the past year.
  • GLW had a positive operating cash flow in the past year.
  • 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

  • With an excellent Return On Assets value of 5.15%, GLW belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
  • With an excellent Return On Equity value of 13.52%, GLW belongs to the best of the industry, outperforming 82.69% 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 73.08% 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 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

  • With an excellent Profit Margin value of 10.21%, GLW belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
  • GLW's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 14.58%, GLW belongs to the top of the industry, outperforming 90.38% of the companies in the same industry.
  • In the last couple of years the Operating Margin of GLW has grown nicely.
  • GLW has a Gross Margin (35.97%) which is in line with 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

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5

2. GLW.DE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GLW 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.
  • Compared to 1 year ago, GLW has a worse debt to assets ratio.
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 5.06 indicates that GLW is not in any danger for bankruptcy at the moment.
  • GLW has a Altman-Z score of 5.06. This is amongst the best in the industry. GLW outperforms 84.62% 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 57.69% 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 67.31% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Altman-Z 5.06
ROIC/WACC0.78
WACC9.07%
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 of 1.59. This is comparable to the rest of the industry: GLW outperforms 51.92% of its industry peers.
  • 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.
  • Looking at the Quick ratio, with a value of 1.04, GLW is in the better half of the industry, outperforming 61.54% 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

  • 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.
  • 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.
  • GLW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.61% yearly.
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.
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 50.51, the valuation of GLW can be described as expensive.
  • GLW's Price/Earnings ratio is in line with the industry average.
  • GLW's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.23.
  • With a Price/Forward Earnings ratio of 40.95, GLW can be considered very expensive at the moment.
  • GLW's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. GLW is more expensive than 61.54% of the companies in the same industry.
  • GLW is valuated expensively when we compare the Price/Forward Earnings ratio to 22.42, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 50.51
Fwd PE 40.95
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

  • Based on the Enterprise Value to EBITDA ratio, GLW is valued a bit more expensive than 69.23% of the companies in the same industry.
  • 69.23% of the companies in the same industry are cheaper than GLW, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 77.61
EV/EBITDA 32.15
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)2.16
PEG (5Y)4.02
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 0.84%, which is pretty low.
  • Compared to an average industry Dividend Yield of 1.70, GLW has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.89, GLW's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.84%

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

  • 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 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 (3/20/2026, 7:00:00 PM)

110.62

-4.28 (-3.72%)

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 Cap94.91B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts82
Price Target106.77 (-3.48%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.84%
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 RankSector Rank
PE 50.51
Fwd PE 40.95
P/S 7.02
P/FCF 77.61
P/OCF 40.69
P/B 9.29
P/tB 12.66
EV/EBITDA 32.15
EPS(TTM)2.19
EY1.98%
EPS(NY)2.7
Fwd EY2.44%
FCF(TTM)1.43
FCFY1.29%
OCF(TTM)2.72
OCFY2.46%
SpS15.77
BVpS11.91
TBVpS8.74
PEG (NY)2.16
PEG (5Y)4.02
Graham Number24.23
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 5.06
F-Score8
WACC9.07%
ROIC/WACC0.78
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 6 / 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%.