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Corning Inc
NYSE:GLW

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Corning Inc
NYSE:GLW
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Price: 158.26 USD -3.64% Market Closed
Market Cap: $135.9B

EV/IC

4.9
Current
215%
More Expensive
vs 3-y average of 1.6

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
4.9
=
Enterprise Value
$128.8B
/
Invested Capital
$27.5B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
4.9
=
Enterprise Value
$128.8B
/
Invested Capital
$27.5B

Valuation Scenarios

Corning Inc is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.6), the stock would be worth $50.27 (68% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-73%
Maximum Upside
No Upside Scenarios
Average Downside
66%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 4.9 $158.26
0%
3-Year Average 1.6 $50.27
-68%
5-Year Average 1.3 $42.16
-73%
Industry Average 2.3 $75.15
-53%
Country Average 1.5 $48.2
-70%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
US
Corning Inc
NYSE:GLW
127.9B USD 4.9 80.1
US
II-VI Inc
LSE:0LHO
522.4B USD 40 2 717.6
JP
Canon Electronics Inc
TSE:7739
40.9T JPY 1.2 22.9
US
Amphenol Corp
NYSE:APH
174.5B USD 8.1 40.9
TW
Delta Electronics Inc
TWSE:2308
5.6T TWD 14.2 88.6
TH
Delta Electronics Thailand PCL
SET:DELTA
3.9T THB 38.4 158.8
CN
Eoptolink Technology Inc Ltd
SZSE:300502
522.6B CNY 40.4 48.7
CN
Luxshare Precision Industry Co Ltd
SZSE:002475
488.2B CNY 3.7 29.4
US
Coherent Corp
NYSE:COHR
61.8B USD 5.1 324.1
JP
Murata Manufacturing Co Ltd
TSE:6981
9.4T JPY 3.7 49.3
TW
Elite Material Co Ltd
TWSE:2383
1.6T TWD 25.7 113.9

Market Distribution

Higher than 81% of companies in the United States of America
Percentile
81st
Based on 11 657 companies
81st percentile
4.9
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.9
Max 566 432.7

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 61%
Intrinsic Value
Price $158.26
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