Corning, Inc.

  • Market Cap: Large Cap
  • Industry: Electronics & Appliances
  • ISIN: US2193501051
USD
85.45
1.9 (2.27%)
  • 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

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Amphenol Corp.
Vicor Corp.
Corning, Inc.
TTM Technologies, Inc.
Knowles Corp.
Bel Fuse, Inc.
nVent Electric Plc
Jabil, Inc.
RxSight, Inc.
Camtek Ltd.
Methode Electronics, 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
With ROCE of 9.88%, it has a very expensive valuation with a 5.89 Enterprise value to Capital Employed
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 69.92%, its profits have risen by 31.9% ; the PEG ratio of the company is 3
4
Market Beating performance in long term as well as near term
  • Along with generating 69.92% 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 buy?
  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.
73.86%
3.60
35.18%
S&P 500
13.22%
0.64
20.20%
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)
5.82%
EBIT Growth (5y)
25.25%
EBIT to Interest (avg)
4.95
Debt to EBITDA (avg)
2.03
Net Debt to Equity (avg)
0.56
Sales to Capital Employed (avg)
0.70
Tax Ratio
27.08%
Dividend Payout Ratio
192.34%
Pledged Shares
0
Institutional Holding
76.61%
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
94
Industry P/E
Price to Book Value
8.61
EV to EBIT
59.57
EV to EBITDA
33.00
EV to Capital Employed
5.89
EV to Sales
7.23
PEG Ratio
2.97
Dividend Yield
1.04%
ROCE (Latest)
9.88%
ROE (Latest)
9.20%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
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

19What is working for the Company
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

RAW MATERIAL COST(Y)

Fallen by -24.05% (YoY

NET SALES(Q)

Highest at USD 3,862 MM

OPERATING PROFIT(Q)

Highest at USD 944 MM

OPERATING PROFIT MARGIN(Q)

Highest at 24.44 %

PRE-TAX PROFIT(Q)

Highest at USD 529 MM

NET PROFIT(Q)

Highest at USD 421.91 MM

EPS(Q)

Highest at USD 0.54

-2What is not working for the Company
DEBTORS TURNOVER RATIO(HY)

Lowest at 7.07 times

Here's what is working for Corning, Inc.
Operating Cash Flow
Highest at USD 2,181 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Interest Coverage Ratio
Highest at 1,137.35
in the last five periods
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Net Profit
At USD 421.91 MM has Grown at 89.96%
over average net sales of the previous four periods of USD 222.1 MM
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (USD MM)

Net Sales
Highest at USD 3,862 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (USD MM)

Operating Profit
Highest at USD 944 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (USD MM)

Operating Profit Margin
Highest at 24.44 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit
Highest at USD 529 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (USD MM)

Pre-Tax Profit
At USD 529 MM has Grown at 74.3%
over average net sales of the previous four periods of USD 303.5 MM
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (USD MM)

Net Profit
Highest at USD 421.91 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (USD MM)

EPS
Highest at USD 0.54
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (USD)

Raw Material Cost
Fallen by -24.05% (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

Here's what is not working for Corning, Inc.
Debtors Turnover Ratio
Lowest at 7.07 times and Fallen
In each half year in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio