GLW Valuation

Corning Inc

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67.030

-1.9(-2.756%)1D

Overview
Forecast
Valuation
Earnings

GLW Relative Valuation

GLW's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, GLW is overvalued; if below, it's undervalued.

Historical Valuation

Corning Inc (GLW) is now in the Overvalued zone, suggesting that its current forward PE ratio of 25.38 is considered Overvalued compared with the five-year average of 18.14. The fair price of Corning Inc (GLW) is between 52.32 to 62.48 according to relative valuation methord. Compared to the current price of 67.03 USD , Corning Inc is Overvalued By 7.29%.

Relative Value

Fair Zone

52.32-62.48

Current Price：67.03

7.29%

Overvalued

25.38

Trailing

Forward

13.70

EV/EBITDA

Corning Inc. (GLW) has a current EV/EBITDA of 13.70. The 5-year average EV/EBITDA is 9.69. The thresholds are as follows: Strongly Undervalued below 7.41, Undervalued between 7.41 and 8.55, Fairly Valued between 10.83 and 8.55, Overvalued between 10.83 and 11.97, and Strongly Overvalued above 11.97. The current Forward EV/EBITDA of 13.70 falls within the Strongly Overvalued range.

19.49

EV/EBIT

Corning Inc. (GLW) has a current EV/EBIT of 19.49. The 5-year average EV/EBIT is 14.89. The thresholds are as follows: Strongly Undervalued below 11.77, Undervalued between 11.77 and 13.33, Fairly Valued between 16.45 and 13.33, Overvalued between 16.45 and 18.01, and Strongly Overvalued above 18.01. The current Forward EV/EBIT of 19.49 falls within the Strongly Overvalued range.

3.36

Corning Inc. (GLW) has a current PS of 3.36. The 5-year average PS is 2.21. The thresholds are as follows: Strongly Undervalued below 1.53, Undervalued between 1.53 and 1.87, Fairly Valued between 2.55 and 1.87, Overvalued between 2.55 and 2.89, and Strongly Overvalued above 2.89. The current Forward PS of 3.36 falls within the Strongly Overvalued range.

17.02

P/OCF

Corning Inc. (GLW) has a current P/OCF of 17.02. The 5-year average P/OCF is 10.93. The thresholds are as follows: Strongly Undervalued below 6.47, Undervalued between 6.47 and 8.70, Fairly Valued between 13.16 and 8.70, Overvalued between 13.16 and 15.39, and Strongly Overvalued above 15.39. The current Forward P/OCF of 17.02 falls within the Strongly Overvalued range.

31.33

P/FCF

Corning Inc. (GLW) has a current P/FCF of 31.33. The 5-year average P/FCF is 23.60. The thresholds are as follows: Strongly Undervalued below 9.01, Undervalued between 9.01 and 16.31, Fairly Valued between 30.90 and 16.31, Overvalued between 30.90 and 38.20, and Strongly Overvalued above 38.20. The current Forward P/FCF of 31.33 falls within the Overvalued range.

Corning Inc (GLW) has a current Price-to-Book (P/B) ratio of 4.88. Compared to its 3-year average P/B ratio of 2.84 , the current P/B ratio is approximately 71.99% higher. Relative to its 5-year average P/B ratio of 2.75, the current P/B ratio is about 77.08% higher. Corning Inc (GLW) has a Forward Free Cash Flow (FCF) yield of approximately 2.08%. Compared to its 3-year average FCF yield of 2.55%, the current FCF yield is approximately -18.31% lower. Relative to its 5-year average FCF yield of 3.37% , the current FCF yield is about -38.36% lower.

4.88

P/B

Median3y

2.84

Median5y

2.75

2.08

FCF Yield

Median3y

2.55

Median5y

3.37

Competitors Valuation Multiple

The average P/S ratio for GLW's competitors is 3.90, providing a benchmark for relative valuation. Corning Inc Corp (GLW) exhibits a P/S ratio of 3.36, which is -14.01% above the industry average. Given its robust revenue growth of 18.79%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of GLW increased by 50.21% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 3.75 to 12.95.

The secondary factor is the Revenue Growth, contributed 18.79%to the performance.

Overall, the performance of GLW in the past 1 year is driven by Margin Expansion. Which is more sustainable.

18.79%

3.25B → 3.86B

Revenue Growth

245.33%

3.75 → 12.95

Margin Expansion

-213.91%

-62.69 → 71.41

P/E Change

50.21%