CORNING INC (GLW.DE) Fundamental Analysis & Valuation
FRA:GLW • US2193501051
Current stock price
113.32 EUR
-0.44 (-0.39%)
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
- GLW had positive earnings in the past year.
- In the past year GLW had a positive cash flow from operations.
- Each year in the past 5 years GLW has been profitable.
- Each year in the past 5 years GLW had a positive operating cash flow.
1.2 Ratios
- GLW has a Return On Assets of 5.15%. This is in the better half of the industry: GLW outperforms 70.91% of its industry peers.
- GLW has a Return On Equity of 13.52%. This is in the better half of the industry: GLW outperforms 74.55% of its industry peers.
- The Return On Invested Capital of GLW (7.09%) is better than 65.45% of its industry peers.
- The Average Return On Invested Capital over the past 3 years 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
- Looking at the Profit Margin, with a value of 10.21%, GLW belongs to the top of the industry, outperforming 85.45% of the companies in the same industry.
- In the last couple of years the Profit Margin of GLW has grown nicely.
- With an excellent Operating Margin value of 14.58%, GLW belongs to the best of the industry, outperforming 83.64% of the companies in the same industry.
- GLW's Operating Margin has improved in the last couple of years.
- GLW has a worse Gross Margin (35.97%) than 60.00% of its industry peers.
- 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.
- 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.
2.2 Solvency
- GLW has an Altman-Z score of 5.15. This indicates that GLW is financially healthy and has little risk of bankruptcy at the moment.
- GLW's Altman-Z score of 5.15 is fine compared to the rest of the industry. GLW outperforms 80.00% 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 of 5.97. This is comparable to the rest of the industry: GLW outperforms 52.73% of its industry peers.
- GLW has a Debt/Equity ratio of 0.65. This is a neutral value indicating GLW is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.65, GLW is not doing good in the industry: 69.09% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 5.15 |
ROIC/WACC0.79
WACC8.97%
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 in line with its industry peers.
- 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.04 |
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.
- GLW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.56% yearly.
- GLW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.14%.
- 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.
- The Revenue is expected to grow by 12.61% on average over the next years. This is quite good.
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.
4. GLW.DE Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 51.74, the valuation of GLW can be described as expensive.
- 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 25.70, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 41.92, the valuation of GLW can be described as expensive.
- Based on the Price/Forward Earnings ratio, GLW is valued a bit more expensive than 70.91% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, GLW is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.74 | ||
| Fwd PE | 41.92 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, GLW is valued a bit more expensive than the industry average as 69.09% of the companies are valued more cheaply.
- 72.73% 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 | 79.45 | ||
| EV/EBITDA | 32.99 |
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 decent 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%
5. GLW.DE Dividend Analysis
5.1 Amount
- GLW has a yearly dividend return of 0.86%, which is pretty low.
- Compared to an average industry Dividend Yield of 1.51, GLW has a dividend in line with its industry peers.
- With a Dividend Yield of 0.86, GLW pays less dividend than the S&P500 average, which is at 1.89.
| Industry Rank | Sector 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
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 (3/13/2026, 7:00:00 PM)
113.32
-0.44 (-0.39%)
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 Cap97.22B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts82
Price Target106.77 (-5.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.74 | ||
| Fwd PE | 41.92 | ||
| P/S | 7.18 | ||
| P/FCF | 79.45 | ||
| P/OCF | 41.66 | ||
| P/B | 9.51 | ||
| P/tB | 12.96 | ||
| EV/EBITDA | 32.99 |
EPS(TTM)2.19
EY1.93%
EPS(NY)2.7
Fwd EY2.39%
FCF(TTM)1.43
FCFY1.26%
OCF(TTM)2.72
OCFY2.4%
SpS15.78
BVpS11.92
TBVpS8.74
PEG (NY)2.21
PEG (5Y)4.12
Graham Number24.23
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 | 5.15 |
F-Score8
WACC8.97%
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 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 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%.