CORNING INC (1GLW.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1GLW - US2193501051 - Common Stock
70.89 EUR
-3.8 (-5.09%)
Overall 1GLW gets a fundamental rating of 5 out of 10. We evaluated 1GLW against 54 industry peers in the Electronic Equipment, Instruments & Components industry. 1GLW has only an average score on both its financial health and profitability. 1GLW is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
1GLW had positive earnings in the past year.
In the past year 1GLW had a positive cash flow from operations.
Each year in the past 5 years 1GLW has been profitable.
Each year in the past 5 years 1GLW had a positive operating cash flow.
1.2 Ratios
1GLW's Return On Assets of 4.57% is fine compared to the rest of the industry. 1GLW outperforms 71.70% of its industry peers.
With a decent Return On Equity value of 11.84%, 1GLW is doing good in the industry, outperforming 75.47% of the companies in the same industry.
1GLW has a better Return On Invested Capital (6.25%) than 67.92% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1GLW is below the industry average of 7.71%.
The last Return On Invested Capital (6.25%) for 1GLW is above the 3 year average (3.70%), which is a sign of increasing profitability.
| 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
With an excellent Profit Margin value of 9.16%, 1GLW belongs to the best of the industry, outperforming 84.91% of the companies in the same industry.
1GLW's Profit Margin has declined in the last couple of years.
1GLW's Operating Margin of 13.41% is amongst the best of the industry. 1GLW outperforms 88.68% of its industry peers.
1GLW's Operating Margin has declined in the last couple of years.
1GLW's Gross Margin of 35.69% is in line compared to the rest of the industry. 1GLW outperforms 43.40% of its industry peers.
1GLW's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1GLW is destroying value.
1GLW has less shares outstanding than it did 1 year ago.
1GLW has more shares outstanding than it did 5 years ago.
1GLW has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.91 indicates that 1GLW is not in any danger for bankruptcy at the moment.
1GLW has a better Altman-Z score (3.91) than 73.58% of its industry peers.
1GLW has a debt to FCF ratio of 7.07. This is a slightly negative value and a sign of low solvency as 1GLW would need 7.07 years to pay back of all of its debts.
1GLW has a Debt to FCF ratio (7.07) which is in line with its industry peers.
1GLW has a Debt/Equity ratio of 0.64. This is a neutral value indicating 1GLW is somewhat dependend on debt financing.
The Debt to Equity ratio of 1GLW (0.64) is worse than 71.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 7.07 | ||
| Altman-Z | 3.91 |
ROIC/WACC0.72
WACC8.7%
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.
The Current ratio of 1GLW (1.56) is comparable to the rest of the industry.
A Quick Ratio of 1.00 indicates that 1GLW may have some problems paying its short term obligations.
With a Quick ratio value of 1.00, 1GLW perfoms like the industry average, outperforming 50.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
1GLW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.71%, which is quite impressive.
1GLW shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.29% yearly.
Looking at the last year, 1GLW shows a quite strong growth in Revenue. The Revenue has grown by 18.27% in the last year.
Measured over the past years, 1GLW shows a small growth in Revenue. The Revenue has been growing by 2.66% on average per year.
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
1GLW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.98% yearly.
EPS Next Y29.85%
EPS Next 2Y25.62%
EPS Next 3Y22.89%
EPS Next 5Y20.01%
Revenue Next Year13.9%
Revenue Next 2Y12.92%
Revenue Next 3Y11.98%
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.
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 34.75 indicates a quite expensive valuation of 1GLW.
1GLW's Price/Earnings is on the same level as the industry average.
1GLW is valuated rather expensively when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 26.69, the valuation of 1GLW can be described as expensive.
1GLW's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. 1GLW is more expensive than 60.38% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 1GLW to the average of the S&P500 Index (24.04), we can say 1GLW is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.75 | ||
| Fwd PE | 26.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1GLW is valued a bit more expensive than the industry average as 60.38% of the companies are valued more cheaply.
66.04% of the companies in the same industry are cheaper than 1GLW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 60.91 | ||
| EV/EBITDA | 23.22 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of 1GLW may justify a higher PE ratio.
A more expensive valuation may be justified as 1GLW's earnings are expected to grow with 22.89% in the coming years.
PEG (NY)1.16
PEG (5Y)15.16
EPS Next 2Y25.62%
EPS Next 3Y22.89%
5. Dividend
5.1 Amount
1GLW has a Yearly Dividend Yield of 1.31%.
Compared to an average industry Dividend Yield of 1.54, 1GLW has a dividend in line with its industry peers.
1GLW's Dividend Yield is slightly below the S&P500 average, which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
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 2Y25.62%
EPS Next 3Y22.89%
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 Owners75.83%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap60.78B
Revenue(TTM)14.91B
Net Income(TTM)1.37B
Analysts82
Price Target83.45 (17.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
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)27.59%
PT rev (3m)73.91%
EPS NQ rev (1m)4.25%
EPS NQ rev (3m)10.87%
EPS NY rev (1m)1.6%
EPS NY rev (3m)6.31%
Revenue NQ rev (1m)2.05%
Revenue NQ rev (3m)8.53%
Revenue NY rev (1m)0.89%
Revenue NY rev (3m)5.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.75 | ||
| Fwd PE | 26.69 | ||
| P/S | 4.75 | ||
| P/FCF | 60.91 | ||
| P/OCF | 31.23 | ||
| P/B | 6.14 | ||
| P/tB | 8.46 | ||
| EV/EBITDA | 23.22 |
EPS(TTM)2.04
EY2.88%
EPS(NY)2.66
Fwd EY3.75%
FCF(TTM)1.16
FCFY1.64%
OCF(TTM)2.27
OCFY3.2%
SpS14.94
BVpS11.55
TBVpS8.38
PEG (NY)1.16
PEG (5Y)15.16
Graham Number23.03
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
WACC8.7%
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 2Y25.62%
EPS Next 3Y22.89%
EPS Next 5Y20.01%
Revenue 1Y (TTM)18.27%
Revenue growth 3Y-2.34%
Revenue growth 5Y2.66%
Sales Q2Q%14.44%
Revenue Next Year13.9%
Revenue Next 2Y12.92%
Revenue Next 3Y11.98%
Revenue Next 5YN/A
EBIT growth 1Y143.9%
EBIT growth 3Y-18.7%
EBIT growth 5Y-2.77%
EBIT Next Year88.29%
EBIT Next 3Y37.8%
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 34.75 and the Price/Book (PB) ratio is 6.14.
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.