(GLW) Corning - Ratings and Ratios
Fiber, Glass, Substrate, Filter, Labware
GLW EPS (Earnings per Share)
GLW Revenue
Description: GLW Corning
Corning Incorporated (NYSE:GLW) is a diversified technology company organized into four primary businesses: optical communications, display technologies, environmental technologies, and life sciences. The optical communications segment supplies fiber-optic cables, connectors, and related hardware to telecom carriers, enterprises, and government customers, while the display segment produces glass substrates for LCD and OLED panels used in TVs, notebooks, tablets, and smartphones.
Beyond these core areas, Corning’s environmental-technology line manufactures ceramic substrates and emission-control filters for gasoline, diesel, and mobile applications, and its life-sciences portfolio delivers laboratory consumables, cell-culture products, and glassware under the Corning, Pyrex, Falcon, and Axygen brands. The company’s product mix therefore spans high-growth data-center infrastructure to steady-demand laboratory supplies.
Geographically, Corning operates across North America, Europe, and Asia-Pacific, with major manufacturing and R&D sites in the United States, Japan, Taiwan, China, South Korea, and Germany. Founded in 1851 as Corning Glass Works and renamed in 1989, the firm remains headquartered in Corning, New York.
Key recent metrics: FY 2023 revenue reached approximately $14.5 billion, with the optical-communications segment contributing roughly 45 % of total sales; the life-sciences business grew about 9 % year-over-year, reflecting strong demand in biotech and pharma research. The company’s free-cash-flow conversion has averaged ~80 % of earnings, supporting a dividend yield near 0.9 % and a 5-year average dividend growth rate of 7 %.
Macro drivers that could affect GLW’s outlook include the global rollout of 5G and edge-computing networks (projected to boost fiber-optic spend by 12 % CAGR through 2027), continued expansion of data-center capacity (driven by cloud-service growth), and sustained demand for advanced display glass as OLED adoption accelerates in premium devices.
For a deeper, data-driven view of GLW’s valuation metrics and scenario analysis, you might find the ValueRay platform worth exploring.
GLW Stock Overview
| Market Cap in USD | 74,689m |
| Sub-Industry | Electronic Components |
| IPO / Inception | 1981-12-31 |
GLW Stock Ratings
| Growth Rating | 78.6% |
| Fundamental | 55.6% |
| Dividend Rating | 56.6% |
| Return 12m vs S&P 500 | 66.5% |
| Analyst Rating | 4.21 of 5 |
GLW Dividends
| Dividend Yield 12m | 1.62% |
| Yield on Cost 5y | 4.66% |
| Annual Growth 5y | 6.21% |
| Payout Consistency | 82.9% |
| Payout Ratio | 49.8% |
GLW Growth Ratios
| Growth Correlation 3m | 98.6% |
| Growth Correlation 12m | 69.4% |
| Growth Correlation 5y | 38.8% |
| CAGR 5y | 44.89% |
| CAGR/Max DD 3y (Calmar Ratio) | 1.63 |
| CAGR/Mean DD 3y (Pain Ratio) | 5.94 |
| Sharpe Ratio 12m | 1.64 |
| Alpha | 72.74 |
| Beta | 1.131 |
| Volatility | 32.23% |
| Current Volume | 4591.8k |
| Average Volume 20d | 7739.2k |
| Stop Loss | 83.5 (-3.6%) |
| Signal | 0.82 |
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (819.0m TTM) > 0 and > 6% of Revenue (6% = 852.4m TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA 0.70pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 19.15% (prev 20.94%; Δ -1.79pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 2.18b > Net Income 819.0m (YES >=105%, WARN >=100%) |
| Net Debt (7.01b) to EBITDA (2.83b) ratio: 2.48 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.50 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (866.0m) change vs 12m ago 0.23% (target <= -2.0% for YES) |
| Gross Margin 34.77% (prev 31.12%; Δ 3.65pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 50.80% (prev 45.60%; Δ 5.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.57 (EBITDA TTM 2.83b / Interest Expense TTM 327.0m) >= 6 (WARN >= 3) |
Altman Z'' 3.68
| (A) 0.09 = (Total Current Assets 8.20b - Total Current Liabilities 5.47b) / Total Assets 28.75b |
| (B) 0.55 = Retained Earnings (Balance) 15.82b / Total Assets 28.75b |
| (C) 0.05 = EBIT TTM 1.50b / Avg Total Assets 27.96b |
| (D) 0.86 = Book Value of Equity 14.81b / Total Liabilities 17.20b |
| Total Rating: 3.68 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 55.57
| 1. Piotroski 6.50pt = 1.50 |
| 2. FCF Yield 1.46% = 0.73 |
| 3. FCF Margin 8.40% = 2.10 |
| 4. Debt/Equity 0.76 = 2.22 |
| 5. Debt/Ebitda 2.48 = -0.91 |
| 6. ROIC - WACC (= -2.20)% = -2.76 |
| 7. RoE 7.51% = 0.63 |
| 8. Rev. Trend 38.20% = 2.87 |
| 9. EPS Trend -16.07% = -0.80 |
What is the price of GLW shares?
Over the past week, the price has changed by -0.52%, over one month by +11.08%, over three months by +65.60% and over the past year by +93.38%.
Is Corning a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GLW is around 99.21 USD . This means that GLW is currently undervalued and has a potential upside of +14.53% (Margin of Safety).
Is GLW a buy, sell or hold?
- Strong Buy: 8
- Buy: 1
- Hold: 5
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the GLW price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 76.2 | -12.1% |
| Analysts Target Price | 76.2 | -12.1% |
| ValueRay Target Price | 111.4 | 28.5% |
Last update: 2025-10-11 03:49
GLW Fundamental Data Overview
P/E Trailing = 92.7553
P/E Forward = 28.9855
P/S = 5.2575
P/B = 6.3591
P/EG = 0.6977
Beta = 1.131
Revenue TTM = 14.21b USD
EBIT TTM = 1.50b USD
EBITDA TTM = 2.83b USD
Long Term Debt = 6.71b USD (from longTermDebt, last quarter)
Short Term Debt = 887.0m USD (from shortTermDebt, last quarter)
Debt = 8.50b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.01b USD (from netDebt column, last quarter)
Enterprise Value = 81.70b USD (74.69b + Debt 8.50b - CCE 1.49b)
Interest Coverage Ratio = 4.57 (Ebit TTM 1.50b / Interest Expense TTM 327.0m)
FCF Yield = 1.46% (FCF TTM 1.19b / Enterprise Value 81.70b)
FCF Margin = 8.40% (FCF TTM 1.19b / Revenue TTM 14.21b)
Net Margin = 5.77% (Net Income TTM 819.0m / Revenue TTM 14.21b)
Gross Margin = 34.77% ((Revenue TTM 14.21b - Cost of Revenue TTM 9.27b) / Revenue TTM)
Gross Margin QoQ = 36.04% (prev 35.17%)
Tobins Q-Ratio = 2.84 (Enterprise Value 81.70b / Total Assets 28.75b)
Interest Expense / Debt = 0.98% (Interest Expense 83.0m / Debt 8.50b)
Taxrate = 14.38% (84.0m / 584.0m)
NOPAT = 1.28b (EBIT 1.50b * (1 - 14.38%))
Current Ratio = 1.50 (Total Current Assets 8.20b / Total Current Liabilities 5.47b)
Debt / Equity = 0.76 (Debt 8.50b / totalStockholderEquity, last quarter 11.12b)
Debt / EBITDA = 2.48 (Net Debt 7.01b / EBITDA 2.83b)
Debt / FCF = 5.87 (Net Debt 7.01b / FCF TTM 1.19b)
Total Stockholder Equity = 10.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.85% (Net Income 819.0m / Total Assets 28.75b)
RoE = 7.51% (Net Income TTM 819.0m / Total Stockholder Equity 10.91b)
RoCE = 8.49% (EBIT 1.50b / Capital Employed (Equity 10.91b + L.T.Debt 6.71b))
RoIC = 7.02% (NOPAT 1.28b / Invested Capital 18.24b)
WACC = 9.23% (E(74.69b)/V(83.19b) * Re(10.18%) + D(8.50b)/V(83.19b) * Rd(0.98%) * (1-Tc(0.14)))
Discount Rate = 10.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.88%
[DCF Debug] Terminal Value 70.05% ; FCFE base≈1.09b ; Y1≈1.04b ; Y5≈1.02b
Fair Price DCF = 14.95 (DCF Value 12.81b / Shares Outstanding 856.6m; 5y FCF grow -5.67% → 3.0% )
EPS Correlation: -16.07 | EPS CAGR: -58.48% | SUE: -4.0 | # QB: 0
Revenue Correlation: 38.20 | Revenue CAGR: 3.77% | SUE: 0.06 | # QB: 0
Additional Sources for GLW Stock
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