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About The Company
CEO
Mr. Wendell P. Weeks
Market Cap
26.75 Billion USD
Sector
Technology
Website
https://www.corning.comLast Update
2/22/2024, 12:00:00 PM
Description
Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide.
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Overview
Value
32
Growth
52
Health
43
Management
42
Analyst Opinion
54
Total
45
All Scores Out Of 100
Best Features
- Has a low level of debt
- Has a history of share buybacks
- Has a margin-of-safety above fair value
- Has strong dividend growth
Risk Factors
- Earnings have declined recently
- Disliked by Twitter users
- Price-to-earnings ratio of 35.0 is higher than the market average (19.6x)
- High preportion of income is paid as dividend
- Dividend could be at risk
Market Peers
GLW
Key Figures
PE Ratio (TTM)
35.03
Margin Of Safety (DCF)
86.96%
Revenue Growth (5 Year Average)
6.75%
Ratings Consensus
Neutral
Share Buybacks
1.54%
Dividend Yeild (TTM)
3.47%
Valuation
Value Score
32
Desired Margin Of Safety
0%
▼
Tip: Set your desired Margin Of Safety
Free Cash Flow Type
Annual Cashflow Growth
0%
Discount Rate
0%
Buy Target: < 45.2 USD ✔
Current Price: 33.4 USD
How Does This Work?
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This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.
Price/Earnings
35.03x
Free Cashflow Yeild
2.16%
PE/Earnings Growth
1.57
Price/Book
2.40x
Growth
Growth Score
52
- ✔ 5 Year Average Cashflow growth of 24.89% is higher than the market average (12.35%)
- ✘ 5 Year Average Revenue growth of 6.75% is lower than the market average (10.97%)
- ✘ Revenue growth has slowed this year
- ✘ 5 Year Average Earnings growth of 4.87% is lower than the market average (14.48%)
- ✘ Earnings growth has slowed this year
- ✘ Free Cashflow growth has slowed this year
Revenue Growth
6.75%
Earnings Growth
4.87%
Cashflow Growth
24.89%
Health
Health Score
43
Altman Z Score
2.36
Piostroski Score
6.00
Debt/Equity
0.58x
Current Assets/Liabilities
1.45x
Free Cashflow/Total Debt
0.15x
Debt/Capital
0.93x
Dividend
Secure Dividend Score
29
- ✔ Dividend yeild of 3.47% is more than the market average (1.85%)
- ✔ Long term dividend payout ratio of 46.80% is considered good
- ✔ Dividends have shown growth over the last 5 years
- ✘ Very unsafe
- ✘ Payout ratio (TTM) of 121.35% is higher than the average (40%)
- ✘ Dividend growth has been slowing recently
- ✘ Spending a higher percentage of their income on dividends than last 5 years
Dividend Yeild
3.47%
Dividend Growth
7.00%
Payout Ratio (Earnings)
121.35%
Payout Ratio (Cashflow)
160.81%
Management
Management Score
42
- ✔ Has a history of returning value to shareholders through stock buybacks
- ✔ Has returned higher dividends when earnings have risen
- ✔ Return-on-capital-employed of 14.24% is higher than the market average (10%)
- ✘ Has repurchased shares when overvalued
- ✘ Return-on-equity of 11.30% is lower than the market average (15%)
Average Buybacks/Dilution
1.54%
Recent Buybacks/Dilution
3.08%
5 Year Price Volitility
15.96%
Return On Assets
4.61%
Return On Capital Employed
14.24%
Return On Equity
11.30%
Return On Free Cashflow
N/A
Return On Investments
N/A
Analysts
Analyst Opinion
54
- ✔ Ratings consensus is Neutral
SEC Filings
Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.
Other Information
Company Name
Corning Incorporated
Currency
USD
Beta
1.063866
Vol Avg
4889578
Ceo
Mr. Wendell P. Weeks
Cik
0000024741
Cusip
219350105
Exchange
New York Stock Exchange
Full Time Employees
57500
Industry
Electronic Components
Sector
Technology
Ipo Date
1981-12-31
Address
One Riverfront Plaza
City
Corning
State
NY
Country
US
Zip
14831
Phone
607 974 9000
Analysis Last Updated
2/22/2024, 12:00:00 PM
All financial data provided by FMP
Social Sentiment
Social Sentiment Score
0
Twitter Sentiment
N/A
Stocktwits Sentiment
N/A