Corning Incorporated Valuation
| GLW Stock | USD 48.67 0.45 0.93% |
At this time, the firm appears to be overvalued. Corning Incorporated shows a prevailing Real Value of $36.41 per share. The current price of the firm is $48.67. Our model approximates the value of Corning Incorporated from analyzing the firm fundamentals such as Current Valuation of 48.01 B, profit margin of 0.01 %, and Return On Equity of 0.0193 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Corning Incorporated's valuation include:
Price Book 3.7185 | Enterprise Value 48 B | Enterprise Value Ebitda 23.5596 | Price Sales 3.3044 | Forward PE 20.9205 |
Overvalued
Today
Please note that Corning Incorporated's price fluctuation is very steady at this time. Calculation of the real value of Corning Incorporated is based on 3 months time horizon. Increasing Corning Incorporated's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Corning stock is determined by what a typical buyer is willing to pay for full or partial control of Corning Incorporated. Since Corning Incorporated is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Corning Stock. However, Corning Incorporated's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 48.67 | Real 36.41 | Target 36.8 | Hype 48.82 | Naive 49.31 |
The intrinsic value of Corning Incorporated's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Corning Incorporated's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Corning Incorporated helps investors to forecast how Corning stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Corning Incorporated more accurately as focusing exclusively on Corning Incorporated's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Corning Incorporated's intrinsic value based on its ongoing forecasts of Corning Incorporated's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Corning Incorporated's closest peers.
Corning Incorporated Cash |
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Corning Valuation Trend
Analysing the historical paterns of Corning Incorporated's enterprise value and its market capitalization is a good way to estimate and gauge the value of Corning Incorporated over time and is usually enough for investors to make rational market timing decisions.
Corning Revenue by Product
Corning Incorporated Total Value Analysis
Corning Incorporated is currently expected to have company total value of 48.01 B with market capitalization of 41.67 B, debt of 8.48 B, and cash on hands of 1.67 B. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Corning Incorporated fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
48.01 B | 41.67 B | 8.48 B | 1.67 B |
Corning Incorporated Investor Information
About 73.0% of the company shares are owned by institutional investors. The book value of Corning Incorporated was currently reported as 13.64. The company has Price/Earnings To Growth (PEG) ratio of 0.62. Corning Incorporated last dividend was issued on the 15th of November 2024. The entity had 3:1 split on the 4th of October 2000. Based on the measurements of operating efficiency obtained from Corning Incorporated's historical financial statements, Corning Incorporated is performing exceptionally good at this time. It has a great probability to report excellent financial results in December.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Operating Profit Margin | 0.0505 | 0.0707 |
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| Total Cash From Operating Activities | 1.9 B | 2 B |
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| Operating Income | 608.9 M | 890 M |
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Corning Incorporated Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Corning Incorporated has an asset utilization ratio of 44.17 percent. This indicates that the Company is making $0.44 for each dollar of assets. An increasing asset utilization means that Corning Incorporated is more efficient with each dollar of assets it utilizes for everyday operations.Corning Incorporated Ownership Allocation
Corning Incorporated holds a total of 856.21 Million outstanding shares. The majority of Corning Incorporated outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Corning Incorporated to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Corning Incorporated. Please pay attention to any change in the institutional holdings of Corning Incorporated as this could imply that something significant has changed or is about to change at the company. Please note that on November 13, 2024, Representative Thomas Suozzi of US Congress acquired under $15k worth of Corning Incorporated's common stock.Corning Incorporated Profitability Analysis
The company reported the last year's revenue of 12.59 B. Total Income to common stockholders was 648 M with profit before taxes, overhead, and interest of 4.84 B.Corning Incorporated Past Distributions to stockholders
About Corning Incorporated Valuation
Our relative valuation model uses a comparative analysis of Corning Incorporated. We calculate exposure to Corning Incorporated's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Corning Incorporated's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 3.9 B | 2.7 B | |
| Pretax Profit Margin | 0.06 | 0.08 | |
| Operating Profit Margin | 0.07 | 0.05 | |
| Net Profit Margin | 0.05 | 0.08 | |
| Gross Profit Margin | 0.31 | 0.44 |
A single share of Corning Incorporated represents a small ownership stake in the entity. As a stockholder of Corning, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Corning Incorporated Dividends Analysis For Valuation
Dividends Paid is likely to climb to about (939.5 M) in 2024. Dividend Yield is likely to drop to 0.04 in 2024. At this time, Corning Incorporated's Retained Earnings are fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 46.67 in 2024, whereas Retained Earnings Total Equity is likely to drop slightly above 14.4 B in 2024.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | -989 M | -939.5 M | |
| Dividend Yield | 0.04 | 0.04 | |
| Dividend Payout Ratio | 1.70 | 1.62 | |
| Dividend Paid And Capex Coverage Ratio | 0.84 | 0.83 |
There are various types of dividends Corning Incorporated can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Corning shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Corning Incorporated directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Corning pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Corning Incorporated by the value of the dividends paid out.
Corning Incorporated Growth Indicators
Investing in growth stocks can be very risky. If the company such as Corning Incorporated does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 859 M | |
| Quarterly Earnings Growth Y O Y | -0.636 | |
| Forward Price Earnings | 20.9205 |
Corning Incorporated Current Valuation Indicators
Valuation refers to the process of determining the present value of Corning Incorporated and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Corning we look at many different elements of the entity such as Corning's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Corning Incorporated, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Corning Incorporated's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Corning Incorporated's worth.Additional Tools for Corning Stock Analysis
When running Corning Incorporated's price analysis, check to measure Corning Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.