NYSE
GLW
Last Price
US $255.43
KEY FIGURES
MKT CAP
$191.9B
EPS
TTM
$2.10
PEG
TTM
0.34x
P/E
TTM
105.69x
P/S
TTM
12.28x
YIELD
0.50%
GROWTH
Revenue Y/Y
Profit margin
Current Ratio
Capital Returns
15.65%
Return on equity
ROIC: 7.89%
Valuation History
105.7X
Price to Earnings
EV/EBITDA: 52.8X
Cash flow
Profit margin
6.70%
(FY vs FY)
EBITDA Y/Y
9.08%
(FY vs FY)
Cash flow Y/Y
11.97%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $255.43
-92.53%
Default assumptions
EBITDA Multiple
Fair Value
Market $255.43
-92.04%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Corning Inc cash flow to debt ratio of 26.36% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.
Financial stability - Healthy cash flow growth.
Corning Inc's free cash flow has increased 45.07% from $974.00M last year to $1.41G, signaling increasing performance
Financial risk - Healthy debt to equity ratio.
Corning Inc's debt to equity ratio is 0.76, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy
Financial risk - Healthy debt to equity ratio development.
Corning Inc's debt has increased relative to shareholder equity from 0.76 last year to 0.76 today, signaling weakened financials
Financial stability - Net debt/EBITDA.
Corning Inc has a net debt to EBITDA ratio of 2.33x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial stability - ICR.
Corning Inc's interest coverage ratio of 7.22 indicates that earnings with good margin can cover interest payments on company debt
Financial stability - Profit margin growth.
Corning Inc's profit margin has increased (187.51%) in the last year from 3.86% to 11.09%, signaling increasing performance
Financial stability - Short term assets vs short term liabilities.
Corning Inc's short-term assets of $8.94G exceed its short-term liabilities of $5.63G
Increasing performance - ROA.
Corning Inc's return on assets of 5.79% is higher than the 5.00% threshold, indicating efficient asset utilization
Increasing performance - Absolute return on equity.
Corning Inc's return on equity of 15.65%, is higher than 15.00%, indicating good performance
Increasing performance - Earnings quality.
Corning Inc's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Corning Inc had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Corning Inc has positive free cash flow, indicating the company generates cash after capital expenditures
Decreasing performance - FCF yield.
Corning Inc has a free cash flow yield of 0.74%, which is below the 2.00% threshold, indicating limited cash return relative to market value
Increasing performance - Healthy earnings growth.
Corning Inc's yearly earnings has increased 215.42% since last year from $506.00M to $1.60G, signaling increasing performance
Increasing performance - Healthy revenue growth.
Corning Inc's yearly revenue has increased 19.14% since last year from $13.12G to $15.63G, signaling increasing performance
Increasing performance - ROIC.
ROIC 7.89% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.
Increasing performance - 3-year revenue CAGR.
Corning Inc's 3-year revenue CAGR of 3.27% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
Corning Inc had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Corning Inc had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Overvalued - DCF valuation.
Corning Inc is overvalued relative to its fair value price of 19.08 based on Discounted Cash Flow model
Overvalued - Earnings yield.
Corning Inc has an earnings yield of 0.94%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings
Overvalued - EBITDA valuation.
Corning Inc is overvalued relative to its fair value price of 20.32 based on EBITDA multiple model
Overvalued - EV/EBITDA.
Corning Inc has an EV/EBITDA ratio of 52.78x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings
Undervalued - PEG ratio value.
Corning Inc has a PEG-ratio under 1 which is considered undervalued
Overvalued - P/B ratio.
Corning Inc has a price-to-book ratio of 16.29x, which exceeds the 5.00x threshold, indicating the stock may be overvalued relative to its book value
Overvalued - P/S ratio.
Corning Inc has a price-to-sales ratio of 11.76x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue