CORNING INC (GLW.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:GLW • US2193501051
99.93 EUR
+4.21 (+4.4%)
Last: Feb 6, 2026, 07:00 PM
Taking everything into account, GLW scores 5 out of 10 in our fundamental rating. GLW was compared to 57 industry peers in the Electronic Equipment, Instruments & Components industry. GLW has an excellent profitability rating, but there are some minor concerns on its financial health. GLW is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
- In the past year GLW was profitable.
- 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 73.68% of its industry peers.
- With a decent Return On Equity value of 13.52%, GLW is doing good in the industry, outperforming 77.19% of the companies in the same industry.
- GLW has a better Return On Invested Capital (7.09%) than 68.42% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for GLW is below the industry average of 7.90%.
- 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 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
- GLW has a Profit Margin of 10.21%. This is amongst the best in the industry. GLW outperforms 87.72% of its industry peers.
- In the last couple of years the Profit Margin of GLW has grown nicely.
- Looking at the Operating Margin, with a value of 14.58%, GLW belongs to the top of the industry, outperforming 85.96% of the companies in the same industry.
- GLW's Operating Margin has improved in the last couple of years.
- GLW's Gross Margin of 35.97% is in line compared to the rest of the industry. GLW outperforms 40.35% of its industry peers.
- GLW's Gross Margin has improved in the last couple of years.
| 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. 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.
- GLW has less shares outstanding than it did 1 year ago.
- GLW has more shares outstanding than it did 5 years ago.
- GLW has a worse debt/assets ratio than last year.
2.2 Solvency
- GLW has an Altman-Z score of 4.79. This indicates that GLW is financially healthy and has little risk of bankruptcy at the moment.
- GLW has a better Altman-Z score (4.79) than 84.21% 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.
- With a Debt to FCF ratio value of 5.97, GLW perfoms like the industry average, outperforming 54.39% of the companies in the same industry.
- 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 71.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 4.79 |
ROIC/WACC0.76
WACC9.31%
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.
- 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.
- 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. 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.
- 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
- The Earnings Per Share is expected to grow by 17.84% on average over the next years. This is quite good.
- Based on estimates for the next years, GLW will show a quite strong growth in Revenue. The Revenue will grow by 11.79% on average per year.
EPS Next Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y17.84%
Revenue Next Year13.3%
Revenue Next 2Y12.4%
Revenue Next 3Y11.79%
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 46.48, GLW can be considered very expensive at the moment.
- 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 27.93.
- The Price/Forward Earnings ratio is 38.05, which means the current valuation is very expensive for GLW.
- 70.18% of the companies in the same industry are cheaper than GLW, based on the Price/Forward Earnings ratio.
- GLW's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.48 | ||
| Fwd PE | 38.05 |
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 68.42% 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 71.93% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 71.51 | ||
| EV/EBITDA | 29.77 |
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.
- GLW has an outstanding profitability rating, which 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)2.07
PEG (5Y)3.7
EPS Next 2Y22.37%
EPS Next 3Y21.09%
5. Dividend
5.1 Amount
- GLW has a yearly dividend return of 0.99%, which is pretty low.
- GLW's Dividend Yield is comparable with the industry average which is at 1.43.
- With a Dividend Yield of 0.99, GLW pays less dividend than the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
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.
- GLW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.59%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
FRA:GLW (2/6/2026, 7:00:00 PM)
99.93
+4.21 (+4.4%)
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 Owners75.9%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap85.68B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts82
Price Target96.38 (-3.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
Yearly Dividend1.05
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)40.15%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.48 | ||
| Fwd PE | 38.05 | ||
| P/S | 6.47 | ||
| P/FCF | 71.51 | ||
| P/OCF | 37.49 | ||
| P/B | 8.56 | ||
| P/tB | 11.67 | ||
| EV/EBITDA | 29.77 |
EPS(TTM)2.15
EY2.15%
EPS(NY)2.63
Fwd EY2.63%
FCF(TTM)1.4
FCFY1.4%
OCF(TTM)2.67
OCFY2.67%
SpS15.46
BVpS11.68
TBVpS8.57
PEG (NY)2.07
PEG (5Y)3.7
Graham Number23.77
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 | 250 | ||
| Cash Conversion | 74.32% | ||
| Profit Quality | 88.53% | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 4.79 |
F-Score8
WACC9.31%
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 5Y17.84%
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 5Y26.35%
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%.