CORNING INC (GLW.DE) Fundamental Analysis & Valuation

FRA:GLW • US2193501051

Current stock price

135.12 EUR
+6.56 (+5.1%)
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.
  • Each year in the past 5 years GLW has 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 better Return On Assets (5.15%) than 82.98% of its industry peers.
  • With an excellent Return On Equity value of 13.52%, GLW belongs to the best of the industry, outperforming 85.11% of the companies in the same industry.
  • GLW's Return On Invested Capital of 7.09% is fine compared to the rest of the industry. GLW outperforms 72.34% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for GLW is below the industry average of 7.73%.
  • 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 93.62% of its industry peers.
  • GLW's Profit Margin has improved in the last couple of years.
  • With an excellent Operating Margin value of 14.58%, GLW belongs to the best of the industry, outperforming 93.62% of the companies in the same industry.
  • 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

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.
  • GLW has less shares outstanding than it did 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.
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 5.87 indicates that GLW is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 5.87, GLW belongs to the top of the industry, outperforming 80.85% 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 55.32% 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 has a worse Debt to Equity ratio (0.65) than 78.72% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF 5.97
Altman-Z 5.87
ROIC/WACC0.72
WACC9.91%
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

  • 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.
  • With a Current ratio value of 1.59, GLW perfoms like the industry average, outperforming 46.81% of the companies in the same industry.
  • A Quick Ratio of 1.04 indicates that GLW should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.04, GLW perfoms like the industry average, outperforming 53.19% 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

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.
  • GLW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.56% yearly.
  • The Revenue has grown by 19.14% in the past year. This is quite good.
  • 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

  • GLW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.85% yearly.
  • GLW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.60% yearly.
EPS Next Y24.13%
EPS Next 2Y24.45%
EPS Next 3Y23.09%
EPS Next 5Y22.85%
Revenue Next Year14.27%
Revenue Next 2Y13.53%
Revenue Next 3Y12.6%
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.
  • 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

2

4. GLW.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • GLW is valuated quite expensively with a Price/Earnings ratio of 62.56.
  • 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 26.64, which is the current average of the S&P500 Index.
  • GLW is valuated quite expensively with a Price/Forward Earnings ratio of 50.35.
  • GLW's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. GLW is more expensive than 61.70% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 21.36, GLW is valued quite expensively.
Industry RankSector Rank
PE 62.56
Fwd PE 50.35
GLW.DE Price Earnings VS Forward Price EarningsGLW.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150 200

4.2 Price Multiples

  • 61.70% of the companies in the same industry are cheaper than GLW, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of GLW indicates a slightly more expensive valuation: GLW is more expensive than 74.47% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 96.12
EV/EBITDA 39.36
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 23.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.59
PEG (5Y)4.98
EPS Next 2Y24.45%
EPS Next 3Y23.09%

3

5. GLW.DE Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.68%, GLW is not a good candidate for dividend investing.
  • GLW's Dividend Yield is comparable with the industry average which is at 1.62.
  • Compared to an average S&P500 Dividend Yield of 1.80, GLW's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.68%

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
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 2Y24.45%
EPS Next 3Y23.09%
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

GLW.DE Fundamentals: All Metrics, Ratios and Statistics

CORNING INC

FRA:GLW (4/30/2026, 7:00:00 PM)

135.12

+6.56 (+5.1%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Industry Strength96.89
Industry Growth95.65
Earnings (Last)04-28
Earnings (Next)07-27
Inst Owners74.67%
Inst Owner ChangeN/A
Ins Owners0.15%
Ins Owner ChangeN/A
Market Cap116.07B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts80.95
Price Target127.23 (-5.84%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.68%
Yearly Dividend1.05
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)10.83%
PT rev (3m)44.11%
EPS NQ rev (1m)0.23%
EPS NQ rev (3m)4.14%
EPS NY rev (1m)0.61%
EPS NY rev (3m)1.04%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)0.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.78%
Valuation
Industry RankSector Rank
PE 62.56
Fwd PE 50.35
P/S 8.69
P/FCF 96.12
P/OCF 50.4
P/B 11.5
P/tB 15.68
EV/EBITDA 39.36
EPS(TTM)2.16
EY1.6%
EPS(NY)2.68
Fwd EY1.99%
FCF(TTM)1.41
FCFY1.04%
OCF(TTM)2.68
OCFY1.98%
SpS15.55
BVpS11.75
TBVpS8.62
PEG (NY)2.59
PEG (5Y)4.98
Graham Number23.8923 (-82.32%)
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 5.87
F-Score8
WACC9.91%
ROIC/WACC0.72
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 Y24.13%
EPS Next 2Y24.45%
EPS Next 3Y23.09%
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 2Y13.53%
Revenue Next 3Y12.6%
Revenue Next 5YN/A
EBIT growth 1Y100.79%
EBIT growth 3Y16.59%
EBIT growth 5Y34.96%
EBIT Next Year70.46%
EBIT Next 3Y30.09%
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 62.56 and the Price/Book (PB) ratio is 11.5.


What is the financial health of CORNING INC (GLW.DE) stock?

The financial health rating of CORNING INC (GLW.DE) is 4 / 10.