CORNING INC (GLW.DE) Fundamental Analysis & Valuation
FRA:GLW • US2193501051
Current stock price
113.04 EUR
-0.46 (-0.41%)
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.
- GLW had a positive operating cash flow in each of the past 5 years.
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.
- GLW's Return On Equity of 13.52% is amongst the best of the industry. GLW outperforms 82.69% of its industry peers.
- GLW has a Return On Invested Capital of 7.09%. This is in the better half of the industry: GLW outperforms 75.00% of its industry peers.
- GLW had an Average Return On Invested Capital over the past 3 years of 4.64%. This is below the industry average of 7.20%.
- 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
- 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.
- GLW's Operating Margin of 14.58% is amongst the best of the industry. GLW outperforms 88.46% of its industry peers.
- In the last couple of years the Operating Margin of GLW has grown nicely.
- Looking at the Gross Margin, with a value of 35.97%, GLW is in line with its industry, outperforming 42.31% 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
- 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.
- 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
- GLW has an Altman-Z score of 5.12. This indicates that GLW is financially healthy and has little risk of bankruptcy at the moment.
- GLW's Altman-Z score of 5.12 is amongst the best of the industry. GLW outperforms 84.62% 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.
- The Debt to FCF ratio of GLW (5.97) is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.65 indicates that GLW is somewhat dependend on debt financing.
- GLW has a Debt to Equity ratio of 0.65. This is in the lower half of the industry: GLW underperforms 67.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 5.12 |
ROIC/WACC0.75
WACC9.43%
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's Quick ratio of 1.04 is in line compared to the rest of the industry. GLW outperforms 57.69% of its industry peers.
| 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.
- Measured over the past years, GLW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.56% on average per year.
- GLW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.14%.
- 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.
- Based on estimates for the next years, GLW will show a quite strong growth in Revenue. The Revenue will grow by 12.61% on average per year.
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
- 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
- The Price/Earnings ratio is 51.38, which means the current valuation is very expensive for GLW.
- Compared to the rest of the industry, the Price/Earnings ratio of GLW is on the same level as its industry peers.
- GLW's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.35.
- Based on the Price/Forward Earnings ratio of 41.59, the valuation of GLW can be described as expensive.
- GLW's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 22.61. GLW is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.38 | ||
| Fwd PE | 41.59 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, GLW is valued a bit more expensive than 65.38% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, GLW is valued a bit more expensive than 67.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 78.82 | ||
| EV/EBITDA | 32.75 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- 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)2.2
PEG (5Y)4.09
EPS Next 2Y23.56%
EPS Next 3Y22.9%
5. GLW.DE Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.83%, GLW is not a good candidate for dividend investing.
- GLW's Dividend Yield is comparable with the industry average which is at 1.70.
- With a Dividend Yield of 0.83, GLW pays less dividend than the S&P500 average, which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.83% |
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
- GLW pays out 62.59% of its income as dividend. 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 (3/31/2026, 7:00:00 PM)
113.04
-0.46 (-0.41%)
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 Cap96.98B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts82
Price Target106.77 (-5.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.83% |
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)0%
PT rev (3m)28.02%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)4.08%
EPS NY rev (1m)0.78%
EPS NY rev (3m)0.92%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)0.94%
Revenue NY rev (1m)0.81%
Revenue NY rev (3m)2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.38 | ||
| Fwd PE | 41.59 | ||
| P/S | 7.13 | ||
| P/FCF | 78.82 | ||
| P/OCF | 41.33 | ||
| P/B | 9.43 | ||
| P/tB | 12.86 | ||
| EV/EBITDA | 32.75 |
EPS(TTM)2.2
EY1.95%
EPS(NY)2.72
Fwd EY2.4%
FCF(TTM)1.43
FCFY1.27%
OCF(TTM)2.74
OCFY2.42%
SpS15.86
BVpS11.98
TBVpS8.79
PEG (NY)2.2
PEG (5Y)4.09
Graham Number24.36
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 | 5.12 |
F-Score8
WACC9.43%
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 Year14.27%
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 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 51.38 and the Price/Book (PB) ratio is 9.43.
What is the financial health of CORNING INC (GLW.DE) stock?
The financial health rating of CORNING INC (GLW.DE) is 4 / 10.