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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

P/FCFE

176.6
Current
317%
More Expensive
vs 3-y average of 42.3

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
176.6
=
Market Cap
$122.7B
/
Free Cash Flow to Equity
$724m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
176.6
=
Market Cap
$122.7B
/
Free Cash Flow to Equity
$724m

Valuation Scenarios

Corning Inc is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (42.3), the stock would be worth $37.93 (76% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-88%
Maximum Upside
No Upside Scenarios
Average Downside
81%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 176.6 $158.26
0%
3-Year Average 42.3 $37.93
-76%
5-Year Average 38.6 $34.58
-78%
Industry Average 29.9 $26.78
-83%
Country Average 21.9 $19.59
-88%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
US
Corning Inc
NYSE:GLW
127.9B USD 176.6 80.1
US
II-VI Inc
LSE:0LHO
522.4B USD -644.1 2 717.6
JP
Canon Electronics Inc
TSE:7739
40.9T JPY 28.2 22.9
US
Amphenol Corp
NYSE:APH
174.5B USD 13.8 40.9
TW
Delta Electronics Inc
TWSE:2308
5.6T TWD 88.4 88.6
TH
Delta Electronics Thailand PCL
SET:DELTA
3.9T THB 309.6 158.8
CN
Eoptolink Technology Inc Ltd
SZSE:300502
522.6B CNY 81.3 48.7
CN
Luxshare Precision Industry Co Ltd
SZSE:002475
488.2B CNY 26.8 29.4
US
Coherent Corp
NYSE:COHR
61.8B USD -76.8 324.1
JP
Murata Manufacturing Co Ltd
TSE:6981
9.4T JPY 42.9 49.3
TW
Elite Material Co Ltd
TWSE:2383
1.6T TWD 159.2 113.9

Market Distribution

Higher than 94% of companies in the United States of America
Percentile
94th
Based on 7 576 companies
94th percentile
176.6
Low
0 — 13.1
Typical Range
13.1 — 36.5
High
36.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.1
Median 21.9
70th Percentile 36.5
Max 3 188 432.5

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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