CORNING INC (1GLW.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1GLW - US2193501051 - Common Stock
70.89 EUR
-3.8 (-5.09%)
Taking everything into account, 1GLW scores 5 out of 10 in our fundamental rating. 1GLW was compared to 52 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and the financial health of 1GLW get a neutral evaluation. Nothing too spectacular is happening here. 1GLW is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year 1GLW was profitable.
In the past year 1GLW had a positive cash flow from operations.
1GLW had positive earnings in each of the past 5 years.
1GLW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.57%, 1GLW is doing good in the industry, outperforming 73.08% of the companies in the same industry.
With a decent Return On Equity value of 11.84%, 1GLW is doing good in the industry, outperforming 76.92% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.25%, 1GLW is doing good in the industry, outperforming 69.23% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1GLW is below the industry average of 7.78%.
The 3 year average ROIC (3.70%) for 1GLW is below the current ROIC(6.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 11.84% | ||
| ROIC | 6.25% |
ROA(3y)2.77%
ROA(5y)2.65%
ROE(3y)6.91%
ROE(5y)6.52%
ROIC(3y)3.7%
ROIC(5y)3.77%
1.3 Margins
1GLW has a better Profit Margin (9.16%) than 86.54% of its industry peers.
1GLW's Profit Margin has declined in the last couple of years.
The Operating Margin of 1GLW (13.41%) is better than 88.46% of its industry peers.
In the last couple of years the Operating Margin of 1GLW has declined.
1GLW has a Gross Margin (35.69%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of 1GLW has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.41% | ||
| PM (TTM) | 9.16% | ||
| GM | 35.69% |
OM growth 3Y-16.75%
OM growth 5Y-5.29%
PM growth 3Y-20.45%
PM growth 5Y-12.44%
GM growth 3Y-3.21%
GM growth 5Y-1.46%
2. Health
2.1 Basic Checks
1GLW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, 1GLW has less shares outstanding
The number of shares outstanding for 1GLW has been increased compared to 5 years ago.
1GLW has a better debt/assets ratio than last year.
2.2 Solvency
1GLW has an Altman-Z score of 3.91. This indicates that 1GLW is financially healthy and has little risk of bankruptcy at the moment.
1GLW has a Altman-Z score of 3.91. This is in the better half of the industry: 1GLW outperforms 76.92% of its industry peers.
The Debt to FCF ratio of 1GLW is 7.07, which is on the high side as it means it would take 1GLW, 7.07 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 7.07, 1GLW perfoms like the industry average, outperforming 42.31% of the companies in the same industry.
A Debt/Equity ratio of 0.64 indicates that 1GLW is somewhat dependend on debt financing.
1GLW's Debt to Equity ratio of 0.64 is on the low side compared to the rest of the industry. 1GLW is outperformed by 71.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 7.07 | ||
| Altman-Z | 3.91 |
ROIC/WACC0.72
WACC8.66%
2.3 Liquidity
1GLW has a Current Ratio of 1.56. This is a normal value and indicates that 1GLW is financially healthy and should not expect problems in meeting its short term obligations.
1GLW has a Current ratio of 1.56. This is comparable to the rest of the industry: 1GLW outperforms 44.23% of its industry peers.
1GLW has a Quick Ratio of 1.56. This is a bad value and indicates that 1GLW is not financially healthy enough and could expect problems in meeting its short term obligations.
1GLW's Quick ratio of 1.00 is in line compared to the rest of the industry. 1GLW outperforms 51.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 33.71% over the past year.
Measured over the past 5 years, 1GLW shows a small growth in Earnings Per Share. The EPS has been growing by 2.29% on average per year.
1GLW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.27%.
1GLW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.66% yearly.
EPS 1Y (TTM)33.71%
EPS 3Y-1.96%
EPS 5Y2.29%
EPS Q2Q%24.07%
Revenue 1Y (TTM)18.27%
Revenue growth 3Y-2.34%
Revenue growth 5Y2.66%
Sales Q2Q%14.44%
3.2 Future
The Earnings Per Share is expected to grow by 20.01% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 11.65% on average over the next years. This is quite good.
EPS Next Y29.85%
EPS Next 2Y25.33%
EPS Next 3Y22.85%
EPS Next 5Y20.01%
Revenue Next Year13.89%
Revenue Next 2Y12.64%
Revenue Next 3Y11.65%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 34.58 indicates a quite expensive valuation of 1GLW.
The rest of the industry has a similar Price/Earnings ratio as 1GLW.
Compared to an average S&P500 Price/Earnings ratio of 26.37, 1GLW is valued a bit more expensive.
1GLW is valuated quite expensively with a Price/Forward Earnings ratio of 26.74.
Based on the Price/Forward Earnings ratio, 1GLW is valued a bit more expensive than the industry average as 63.46% of the companies are valued more cheaply.
1GLW is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.58 | ||
| Fwd PE | 26.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1GLW is valued a bit more expensive than 61.54% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1GLW is valued a bit more expensive than 67.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 60.75 | ||
| EV/EBITDA | 23.16 |
4.3 Compensation for Growth
1GLW's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
1GLW has a very decent profitability rating, which may justify a higher PE ratio.
1GLW's earnings are expected to grow with 22.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.16
PEG (5Y)15.08
EPS Next 2Y25.33%
EPS Next 3Y22.85%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.34%, 1GLW has a reasonable but not impressive dividend return.
1GLW's Dividend Yield is comparable with the industry average which is at 2.94.
With a Dividend Yield of 1.34, 1GLW pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
5.2 History
The dividend of 1GLW has a limited annual growth rate of 4.75%.
Dividend Growth(5Y)4.75%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
1GLW pays out 72.69% of its income as dividend. This is not a sustainable payout ratio.
1GLW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP72.69%
EPS Next 2Y25.33%
EPS Next 3Y22.85%
BIT:1GLW (11/20/2025, 7:00:00 PM)
70.89
-3.8 (-5.09%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners74.27%
Inst Owner ChangeN/A
Ins Owners0.18%
Ins Owner ChangeN/A
Market Cap60.78B
Revenue(TTM)14.91B
Net Income(TTM)1.37B
Analysts82.11
Price Target82.52 (16.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
Yearly Dividend1.04
Dividend Growth(5Y)4.75%
DP72.69%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.14%
Min EPS beat(2)-0.04%
Max EPS beat(2)4.32%
EPS beat(4)3
Avg EPS beat(4)2.72%
Min EPS beat(4)-0.04%
Max EPS beat(4)5.64%
EPS beat(8)6
Avg EPS beat(8)2.26%
EPS beat(12)8
Avg EPS beat(12)1.72%
EPS beat(16)10
Avg EPS beat(16)1.88%
Revenue beat(2)2
Avg Revenue beat(2)1.97%
Min Revenue beat(2)0.07%
Max Revenue beat(2)3.88%
Revenue beat(4)3
Avg Revenue beat(4)1.46%
Min Revenue beat(4)-0.03%
Max Revenue beat(4)3.88%
Revenue beat(8)5
Avg Revenue beat(8)0.07%
Revenue beat(12)5
Avg Revenue beat(12)-2.36%
Revenue beat(16)7
Avg Revenue beat(16)-2.21%
PT rev (1m)26.16%
PT rev (3m)71.97%
EPS NQ rev (1m)4.25%
EPS NQ rev (3m)10.87%
EPS NY rev (1m)1.59%
EPS NY rev (3m)6.3%
Revenue NQ rev (1m)2.05%
Revenue NQ rev (3m)8.53%
Revenue NY rev (1m)0.87%
Revenue NY rev (3m)5.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.58 | ||
| Fwd PE | 26.74 | ||
| P/S | 4.73 | ||
| P/FCF | 60.75 | ||
| P/OCF | 31.15 | ||
| P/B | 6.12 | ||
| P/tB | 8.44 | ||
| EV/EBITDA | 23.16 |
EPS(TTM)2.05
EY2.89%
EPS(NY)2.65
Fwd EY3.74%
FCF(TTM)1.17
FCFY1.65%
OCF(TTM)2.28
OCFY3.21%
SpS14.98
BVpS11.59
TBVpS8.4
PEG (NY)1.16
PEG (5Y)15.08
Graham Number23.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 11.84% | ||
| ROCE | 8.22% | ||
| ROIC | 6.25% | ||
| ROICexc | 6.71% | ||
| ROICexgc | 7.8% | ||
| OM | 13.41% | ||
| PM (TTM) | 9.16% | ||
| GM | 35.69% | ||
| FCFM | 7.79% |
ROA(3y)2.77%
ROA(5y)2.65%
ROE(3y)6.91%
ROE(5y)6.52%
ROIC(3y)3.7%
ROIC(5y)3.77%
ROICexc(3y)3.99%
ROICexc(5y)4.1%
ROICexgc(3y)4.68%
ROICexgc(5y)4.83%
ROCE(3y)4.86%
ROCE(5y)4.96%
ROICexgc growth 3Y-16.21%
ROICexgc growth 5Y-0.8%
ROICexc growth 3Y-16.02%
ROICexc growth 5Y-1.08%
OM growth 3Y-16.75%
OM growth 5Y-5.29%
PM growth 3Y-20.45%
PM growth 5Y-12.44%
GM growth 3Y-3.21%
GM growth 5Y-1.46%
F-Score8
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 7.07 | ||
| Debt/EBITDA | 2.22 | ||
| Cap/Depr | 82.95% | ||
| Cap/Sales | 7.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 68.03% | ||
| Profit Quality | 85.07% | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 3.91 |
F-Score8
WACC8.66%
ROIC/WACC0.72
Cap/Depr(3y)94.49%
Cap/Depr(5y)96.92%
Cap/Sales(3y)9.9%
Cap/Sales(5y)10.7%
Profit Quality(3y)125.06%
Profit Quality(5y)146.73%
High Growth Momentum
Growth
EPS 1Y (TTM)33.71%
EPS 3Y-1.96%
EPS 5Y2.29%
EPS Q2Q%24.07%
EPS Next Y29.85%
EPS Next 2Y25.33%
EPS Next 3Y22.85%
EPS Next 5Y20.01%
Revenue 1Y (TTM)18.27%
Revenue growth 3Y-2.34%
Revenue growth 5Y2.66%
Sales Q2Q%14.44%
Revenue Next Year13.89%
Revenue Next 2Y12.64%
Revenue Next 3Y11.65%
Revenue Next 5YN/A
EBIT growth 1Y143.9%
EBIT growth 3Y-18.7%
EBIT growth 5Y-2.77%
EBIT Next Year88.17%
EBIT Next 3Y32%
EBIT Next 5Y27.56%
FCF growth 1Y194.18%
FCF growth 3Y-18.13%
FCF growth 5Y85.79%
OCF growth 1Y18.7%
OCF growth 3Y-17.17%
OCF growth 5Y-0.92%
CORNING INC / 1GLW.MI FAQ
What is the ChartMill fundamental rating of CORNING INC (1GLW.MI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to 1GLW.MI.
Can you provide the valuation status for CORNING INC?
ChartMill assigns a valuation rating of 2 / 10 to CORNING INC (1GLW.MI). This can be considered as Overvalued.
What is the profitability of 1GLW stock?
CORNING INC (1GLW.MI) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for 1GLW stock?
The Price/Earnings (PE) ratio for CORNING INC (1GLW.MI) is 34.58 and the Price/Book (PB) ratio is 6.12.
What is the expected EPS growth for CORNING INC (1GLW.MI) stock?
The Earnings per Share (EPS) of CORNING INC (1GLW.MI) is expected to grow by 29.85% in the next year.