Corning Inc
XMUN:GLW
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C
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Corning Inc
XMUN:GLW
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US |
Intrinsic Value
The intrinsic value of 
Corning Inc (GLW) under the Base Case is 56.16 EUR per share.
Compared with the current market price of 116.68 EUR, the stock appears
Overvalued by 52% .
The intrinsic value is the average of valuations using the DCF method and multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Corning Does
Corning makes specialty glass, ceramics, and optical materials that go into other companies’ products. Its best-known products include glass for smartphone and tablet screens, glass for flat-panel displays, optical fiber and cable for communications networks, and ceramic parts used in vehicles and industrial systems. It sells mostly to large manufacturers rather than to individual consumers.
- Headquarters
- United States of America US
- Employees
- 67 200
- IPO date
- May 21, 1945
Corning has a narrow economic moat
Patented materials and hard-to-copy manufacturing methods keep rivals from easily matching Corning’s specialized glass and optical fiber. Its production methods also lower costs in display glass and optical fiber, helping protect profits, although these advantages do not extend equally across all its products.
Read the full moat analysisLatest Earnings Call
- EPS
- $0.78
- Expected
- $0.76
- Surprise
- +2.6%
- Stock, day of the call
- −21.3%
Revenue & Expenses Breakdown
Corning Inc
Earnings Waterfall
Corning Inc
The intrinsic value for Corning Inc (GLW) under the Base Case is 56.16 EUR.
Compared with the current market price of 116.68 EUR, the stock appears Overvalued by 52% .