Corning, Inc.

  • Market Cap: Large Cap
  • Industry: Electronics & Appliances
  • ISIN: US2193501051
USD
175.40
-2.02 (-1.14%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
nVent Electric Plc
Amphenol Corp.
Vicor Corp.
TTM Technologies, Inc.
Jabil, Inc.
Corning, Inc.
Bel Fuse, Inc.
Knowles Corp.
Camtek Ltd.
Methode Electronics, Inc.
RxSight, Inc.

Why is Corning, Inc. ?

1
Low Debt Company with Strong Long Term Fundamental Strength
2
With a growth in Net Profit of 198.73%, the company declared Very Positive results in Jun 25
  • OPERATING CASH FLOW(Y) Highest at USD 2,181 MM
  • ROCE(HY) Highest at 7.55%
  • INTEREST COVERAGE RATIO(Q) Highest at 1,137.35
3
Market Beating performance in long term as well as near term
  • Along with generating 101.49% returns in the last 1 year, the stock has outperformed S&P 500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Corning, Inc. should be less than 10%
  2. Overall Portfolio exposure to Electronics & Appliances should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Corning, Inc. for you?

Medium Risk, High Return

Absolute
Risk Adjusted
Volatility
Corning, Inc.
247.46%
4.53
35.43%
S&P 500
25.41%
0.70
20.15%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
6.68%
EBIT Growth (5y)
17.62%
EBIT to Interest (avg)
4.95
Debt to EBITDA (avg)
2.03
Net Debt to Equity (avg)
0.56
Sales to Capital Employed (avg)
0.71
Tax Ratio
27.08%
Dividend Payout Ratio
61.12%
Pledged Shares
0
Institutional Holding
76.35%
ROCE (avg)
8.51%
ROE (avg)
9.09%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
146
Industry P/E
Price to Book Value
21.10
EV to EBIT
106.94
EV to EBITDA
68.59
EV to Capital Employed
13.62
EV to Sales
16.39
PEG Ratio
2.12
Dividend Yield
0.39%
ROCE (Latest)
12.73%
ROE (Latest)
14.49%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
Bullish
OBV
Mildly Bullish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

17What is working for the Company
NET PROFIT(HY)

At USD 930.27 MM has Grown at 131.6%

OPERATING CASH FLOW(Y)

Highest at USD 2,906 MM

ROCE(HY)

Highest at 16.07%

INVENTORY TURNOVER RATIO(HY)

Highest at 3.4 times

OPERATING PROFIT(Q)

Highest at USD 1,056 MM

RAW MATERIAL COST(Y)

Fallen by -4.43% (YoY

OPERATING PROFIT MARGIN(Q)

Highest at 25.48 %

-1What is not working for the Company
DEBT-EQUITY RATIO (HY)

Highest at 68.96 %

Here's what is working for Corning, Inc.

Net Profit
At USD 930.27 MM has Grown at 131.6%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (USD MM)

Operating Profit
Highest at USD 1,056 MM and Grown
In each period in the last five periods
MOJO Watch
Near term Operating Profit trend is quite positive

Operating Profit (USD MM)

Inventory Turnover Ratio
Highest at 3.4 times and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Operating Cash Flow
Highest at USD 2,906 MM
in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Operating Profit Margin
Highest at 25.48 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Raw Material Cost
Fallen by -4.43% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Depreciation
Highest at USD 357 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (USD MM)

Here's what is not working for Corning, Inc.

Debt-Equity Ratio
Highest at 68.96 %
in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio