CORNING INC (GLW.DE) Fundamental Analysis & Valuation
FRA:GLW • US2193501051
Current stock price
137.48 EUR
+11.86 (+9.44%)
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
- In the past year GLW was profitable.
- In the past year GLW had a positive cash flow from operations.
- GLW had positive earnings in each of the past 5 years.
- GLW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 5.15%, GLW is in the better half of the industry, outperforming 79.59% 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 85.71% 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 73.47% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for GLW is below the industry average of 7.37%.
- 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
- GLW has a better Profit Margin (10.21%) than 89.80% of its industry peers.
- In the last couple of years the Profit Margin of GLW has grown nicely.
- The Operating Margin of GLW (14.58%) is better than 87.76% of its industry peers.
- GLW's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 35.97%, GLW is in line with its industry, outperforming 40.82% of the companies in the same industry.
- 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. 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.
- The number of shares outstanding for GLW has been reduced compared to 1 year ago.
- Compared to 5 years ago, GLW has more shares outstanding
- The debt/assets ratio for GLW is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 5.52 indicates that GLW is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 5.52, GLW belongs to the top of the industry, outperforming 83.67% of the companies in the same industry.
- 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 53.06% 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.
- 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 69.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 5.52 |
ROIC/WACC0.75
WACC9.44%
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.
- The Quick ratio of GLW (1.04) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.04 |
3. GLW.DE Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 29.08% over the past year.
- The Earnings Per Share has been growing by 12.56% on average over the past years. This is quite good.
- 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.
- The Revenue is expected to grow by 12.49% 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 Year14.32%
Revenue Next 2Y13.53%
Revenue Next 3Y12.49%
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
- With a Price/Earnings ratio of 62.78, GLW can be considered very expensive at the moment.
- GLW's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.91, GLW is valued quite expensively.
- Based on the Price/Forward Earnings ratio of 50.90, the valuation of GLW can be described as expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of GLW indicates a slightly more expensive valuation: GLW is more expensive than 65.31% of the companies listed in the same industry.
- GLW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.78 | ||
| Fwd PE | 50.9 |
4.2 Price Multiples
- GLW's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GLW is more expensive than 67.35% of the companies in the same industry.
- 69.39% 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 | 96.47 | ||
| EV/EBITDA | 36.26 |
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.
- A more expensive valuation may be justified as GLW's earnings are expected to grow with 22.90% in the coming years.
PEG (NY)2.69
PEG (5Y)5
EPS Next 2Y23.56%
EPS Next 3Y22.9%
5. GLW.DE Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.82%, GLW is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 1.74, GLW has a dividend in line with its industry peers.
- With a Dividend Yield of 0.82, GLW pays less dividend than the S&P500 average, which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.82% |
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 Years5
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 2Y23.56%
EPS Next 3Y22.9%
GLW.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:GLW (4/8/2026, 3:35:39 PM)
137.48
+11.86 (+9.44%)
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 Cap117.95B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts80.95
Price Target106.77 (-22.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.82% |
Yearly Dividend1.07
Dividend Growth(5Y)3.64%
DP62.59%
Div Incr Years0
Div Non Decr Years5
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)0%
PT rev (3m)28.02%
EPS NQ rev (1m)0.04%
EPS NQ rev (3m)3.97%
EPS NY rev (1m)0%
EPS NY rev (3m)0.92%
Revenue NQ rev (1m)0.16%
Revenue NQ rev (3m)1.03%
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)2.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.78 | ||
| Fwd PE | 50.9 | ||
| P/S | 8.72 | ||
| P/FCF | 96.47 | ||
| P/OCF | 50.58 | ||
| P/B | 11.55 | ||
| P/tB | 15.74 | ||
| EV/EBITDA | 36.26 |
EPS(TTM)2.19
EY1.59%
EPS(NY)2.7
Fwd EY1.96%
FCF(TTM)1.43
FCFY1.04%
OCF(TTM)2.72
OCFY1.98%
SpS15.76
BVpS11.91
TBVpS8.73
PEG (NY)2.69
PEG (5Y)5
Graham Number24.22
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 | 5.52 |
F-Score8
WACC9.44%
ROIC/WACC0.75
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 Year14.32%
Revenue Next 2Y13.53%
Revenue Next 3Y12.49%
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.
Can you provide the profitability details for CORNING INC?
CORNING INC (GLW.DE) has a profitability rating of 8 / 10.
What are the PE and PB ratios of CORNING INC (GLW.DE) stock?
The Price/Earnings (PE) ratio for CORNING INC (GLW.DE) is 62.78 and the Price/Book (PB) ratio is 11.55.
What is the financial health of CORNING INC (GLW.DE) stock?
The financial health rating of CORNING INC (GLW.DE) is 4 / 10.