CORNING INC (GLW.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:GLW • US2193501051
109.76 EUR
+0.5 (+0.46%)
Last: Feb 10, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to GLW. GLW was compared to 57 industry peers in the Electronic Equipment, Instruments & Components industry. GLW scores excellent on profitability, but there are some minor concerns on its financial health. GLW is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
- GLW had positive earnings in the past year.
- In the past year GLW had a positive cash flow from operations.
- GLW had positive earnings in each of the past 5 years.
- Each year in the past 5 years GLW had a positive operating cash flow.
1.2 Ratios
- GLW has a Return On Assets of 5.15%. This is in the better half of the industry: GLW outperforms 73.68% of its industry peers.
- With a decent Return On Equity value of 13.52%, GLW is doing good in the industry, outperforming 77.19% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 7.09%, GLW is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for GLW is below the industry average of 7.90%.
- 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
- GLW's Profit Margin of 10.21% is amongst the best of the industry. GLW outperforms 87.72% of its industry peers.
- In the last couple of years the Profit Margin of GLW has grown nicely.
- With an excellent Operating Margin value of 14.58%, GLW belongs to the best of the industry, outperforming 85.96% of the companies in the same industry.
- In the last couple of years the Operating Margin of GLW has grown nicely.
- The Gross Margin of GLW (35.97%) is comparable to the rest of the 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. Health
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.
- GLW has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, GLW has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 5.13 indicates that GLW is not in any danger for bankruptcy at the moment.
- GLW has a better Altman-Z score (5.13) than 87.72% of its industry peers.
- GLW has a debt to FCF ratio of 5.97. This is a neutral value as GLW would need 5.97 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 5.97, GLW is in line with its industry, outperforming 54.39% of the companies in the same industry.
- GLW has a Debt/Equity ratio of 0.65. This is a neutral value indicating GLW is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.65, GLW is doing worse than 71.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 5.97 | ||
| Altman-Z | 5.13 |
ROIC/WACC0.76
WACC9.36%
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.
- GLW's Current ratio of 1.59 is in line compared to the rest of the industry. GLW outperforms 47.37% of its industry peers.
- A Quick Ratio of 1.04 indicates that GLW should not have too much problems paying its short term obligations.
- The Quick ratio of GLW (1.04) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 29.08% over the past year.
- GLW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.56% yearly.
- GLW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.14%.
- The Revenue has been growing slightly by 6.70% on average over the past years.
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
- The Earnings Per Share is expected to grow by 17.84% on average over the next years. This is quite good.
- Based on estimates for the next years, GLW will show a quite strong growth in Revenue. The Revenue will grow by 11.79% on average per year.
EPS Next Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y17.84%
Revenue Next Year13.3%
Revenue Next 2Y12.4%
Revenue Next 3Y11.79%
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.
- 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. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 51.53, GLW can be considered very expensive at the moment.
- GLW's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 28.03. GLW is valued rather expensively when compared to this.
- Based on the Price/Forward Earnings ratio of 42.15, the valuation of GLW can be described as expensive.
- Based on the Price/Forward Earnings ratio, GLW is valued a bit more expensive than 71.93% of the companies in the same industry.
- GLW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.97.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.53 | ||
| Fwd PE | 42.15 |
4.2 Price Multiples
- GLW's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GLW is more expensive than 70.18% of the companies in the same industry.
- GLW's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. GLW is more expensive than 71.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 79.21 | ||
| EV/EBITDA | 32.77 |
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 21.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.3
PEG (5Y)4.1
EPS Next 2Y22.37%
EPS Next 3Y21.09%
5. Dividend
5.1 Amount
- GLW has a yearly dividend return of 0.99%, which is pretty low.
- Compared to an average industry Dividend Yield of 1.43, GLW has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.80, GLW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
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
- 62.59% of the earnings are spent on dividend by GLW. 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 2Y22.37%
EPS Next 3Y21.09%
FRA:GLW (2/10/2026, 7:00:00 PM)
109.76
+0.5 (+0.46%)
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 Owners75.9%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap94.10B
Revenue(TTM)15.63B
Net Income(TTM)1.60B
Analysts82
Price Target96.38 (-12.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
Yearly Dividend1.05
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)15.56%
PT rev (3m)40.15%
EPS NQ rev (1m)3.18%
EPS NQ rev (3m)3.65%
EPS NY rev (1m)0.14%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)0.37%
Revenue NQ rev (3m)0.59%
Revenue NY rev (1m)1.25%
Revenue NY rev (3m)1.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.53 | ||
| Fwd PE | 42.15 | ||
| P/S | 7.16 | ||
| P/FCF | 79.21 | ||
| P/OCF | 41.53 | ||
| P/B | 9.48 | ||
| P/tB | 12.92 | ||
| EV/EBITDA | 32.77 |
EPS(TTM)2.13
EY1.94%
EPS(NY)2.6
Fwd EY2.37%
FCF(TTM)1.39
FCFY1.26%
OCF(TTM)2.64
OCFY2.41%
SpS15.33
BVpS11.58
TBVpS8.49
PEG (NY)2.3
PEG (5Y)4.1
Graham Number23.56
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 | 250 | ||
| Cash Conversion | 74.32% | ||
| Profit Quality | 88.53% | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 5.13 |
F-Score8
WACC9.36%
ROIC/WACC0.76
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 Y22.43%
EPS Next 2Y22.37%
EPS Next 3Y21.09%
EPS Next 5Y17.84%
Revenue 1Y (TTM)19.14%
Revenue growth 3Y3.27%
Revenue growth 5Y6.7%
Sales Q2Q%13.89%
Revenue Next Year13.3%
Revenue Next 2Y12.4%
Revenue Next 3Y11.79%
Revenue Next 5YN/A
EBIT growth 1Y100.79%
EBIT growth 3Y16.59%
EBIT growth 5Y34.96%
EBIT Next Year66.83%
EBIT Next 3Y33.94%
EBIT Next 5Y26.35%
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 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.
How profitable is CORNING INC (GLW.DE) stock?
CORNING INC (GLW.DE) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for GLW stock?
The Earnings per Share (EPS) of CORNING INC (GLW.DE) is expected to grow by 22.43% in the next year.
Can you provide the dividend sustainability for GLW stock?
The dividend rating of CORNING INC (GLW.DE) is 3 / 10 and the dividend payout ratio is 62.59%.