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Corning Inc
NYSE:GLW

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Corning Inc
NYSE:GLW
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Price: 164.24 USD 8.12% Market Closed
Market Cap: $141.1B

EV/GP

24.7
Current
162%
More Expensive
vs 3-y average of 9.4

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
24.7
=
Enterprise Value
$128.8B
/
Gross Profit
$5.6B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
24.7
=
Enterprise Value
$128.8B
/
Gross Profit
$5.6B

Valuation Scenarios

Corning Inc is trading above its 3-year average

If EV/GP returns to its 3-Year Average (9.4), the stock would be worth $62.7 (62% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-74%
Maximum Upside
No Upside Scenarios
Average Downside
67%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 24.7 $164.24
0%
3-Year Average 9.4 $62.7
-62%
5-Year Average 8.1 $53.67
-67%
Industry Average 8.6 $57.11
-65%
Country Average 6.5 $43.22
-74%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
US
Corning Inc
NYSE:GLW
132.7B USD 24.7 83.1
US
II-VI Inc
LSE:0LHO
522.4B USD 230.6 2 717.6
JP
Canon Electronics Inc
TSE:7739
40.9T JPY 4.8 22.9
US
Amphenol Corp
NYSE:APH
180.6B USD 21.5 42.3
TW
Delta Electronics Inc
TWSE:2308
5.6T TWD 29.1 88.6
TH
Delta Electronics Thailand PCL
SET:DELTA
3.9T THB 73.2 158.8
CN
Eoptolink Technology Inc Ltd
SZSE:300502
533.8B CNY 37.1 48.7
CN
Luxshare Precision Industry Co Ltd
SZSE:002475
500.1B CNY 12.6 29.4
JP
Murata Manufacturing Co Ltd
TSE:6981
9.4T JPY 11.8 49.5
US
Coherent Corp
NYSE:COHR
59.9B USD 28.7 314.4
TW
Elite Material Co Ltd
TWSE:2383
1.6T TWD 57.8 113.9

Market Distribution

Higher than 91% of companies in the United States of America
Percentile
91st
Based on 9 428 companies
91st percentile
24.7
Low
0 — 4.2
Typical Range
4.2 — 10.6
High
10.6 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 4.2
Median 6.5
70th Percentile 10.6
Max 1 764 211.7

Corning Inc
Glance View

In the intricate world of materials science, Corning Inc. stands as a venerable titan, weaving innovation through the very fabric of modern life. Originating in the mid-19th century, Corning's journey began with glass—a medium they would come to know intimately. Through continuous investment in research and development, the company expanded beyond its initial forays into glassware, diving into realms such as ceramics and optical fiber. Corning's prowess in glass technology led to revolutionary products like the famous Gorilla Glass, now a linchpin in the smartphone industry. The company consistently reinvents itself with an innovative spirit, melding complex materials science with technological advancements across various sectors. Corning thrives by cultivating deep relationships across diverse industries, functioning as a critical materials supplier to giants in consumer electronics, telecommunications, and life sciences. The company's business model hinges on a unique ability to harness scientific research to solve complex problems, resulting in patented technologies that meet the nuanced demands of its clientele. Earnings are fueled by a robust portfolio that spans display technologies crucial to LCD screens, fiber optics for high-speed data transmission, and laboratory products for pharmaceutical research. By embedding itself in growth markets with leading-edge solutions, Corning not only generates revenue but also secures a vital role in shaping tomorrow's technology landscape.

GLW Intrinsic Value
61.19 USD
Overvaluation 63%
Intrinsic Value
Price $164.24
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