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Corning Inc.

$001234567890012345678900123456789.0012345678900123456789-10.7%
52w low (est.) $124.45$201.84 52w high (est.)
Peers
Market data
Market cap
$164.29B
52-week range
$53.18 – $271.78
Beta (vs market)
1.09
Sector
Technology
Valuation
P/E ratio
91.8x
DCF fair value
$80.08
Margin of safety
-49.4%
Forward P/E
44.7x
PEG ratio
1.75
Dividend yield
0.59%
Quality & efficiency
Moat score
64/100
Return on equity
16.7%
Profit margin
11.1%
Debt / equity
0.80
Growth & analysts
Revenue growth (YoY)
+20.0%
Analyst target
$212.07
Target upside
+33.9%
Analysts covering
15

About Corning Inc.

Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

Valuation

ValueGrowthProfitHealthIncome41QUALITY
Overall Rating
37
Reduce
Reduce
Moat Score64
DCF Intrinsic Value
$80.08-49.4% downside

Moat, DCF and rating computed by our valuation engine (ported from the original Python model).

Fundamentals

Market Cap
$164.29B
P/E Ratio
91.8
Dividend Yield
0.59%
Revenue Growth
+20.0%
Profit Margin
11.1%
ROE
16.7%
Debt / Equity
0.80
Beta
1.09
High Growth
vs Technology sector:P/E 92 vs 53 Moat 64 vs 10Yield 0.59% vs 0.1%

Statistics

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