Corning, Inc.

  • Market Cap: Large Cap
  • Industry: Electronics & Appliances
  • ISIN: US2193501051
USD
124.58
-5.31 (-4.09%)
  • 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
Amphenol Corp.
Knowles Corp.
Vicor Corp.
nVent Electric Plc
Jabil, Inc.
TTM Technologies, Inc.
Bel Fuse, Inc.
Corning, Inc.
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.
163.55%
4.53
35.43%
S&P 500
14.9%
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
77.62%
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
141
Industry P/E
Price to Book Value
20.37
EV to EBIT
103.32
EV to EBITDA
66.27
EV to Capital Employed
13.15
EV to Sales
15.83
PEG Ratio
2.05
Dividend Yield
0.40%
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
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
OBV
Bullish
Bullish
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
OPERATING CASH FLOW(Y)

Highest at USD 2,695 MM

NET PROFIT(HY)

At USD 990.26 MM has Grown at 86.65%

ROCE(HY)

Highest at 14.19%

OPERATING PROFIT(Q)

Highest at USD 1,045 MM

RAW MATERIAL COST(Y)

Fallen by -8.14% (YoY

INVENTORY TURNOVER RATIO(HY)

Highest at 3.49 times

NET SALES(Q)

Highest at USD 4,215 MM

OPERATING PROFIT MARGIN(Q)

Highest at 24.79 %

EPS(Q)

Highest at USD 0.62

-7What is not working for the Company
DEBTORS TURNOVER RATIO(HY)

Lowest at 6.47 times

CASH AND EQV(HY)

Lowest at USD 3,174 MM

DEBT-EQUITY RATIO (HY)

Highest at 66.49 %

INTEREST(Q)

Highest at USD 93 MM

Here's what is working for Corning, Inc.

Operating Profit
Highest at USD 1,045 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)

Net Profit
At USD 990.26 MM has Grown at 86.65%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is positive

Net Profit (USD MM)

Operating Cash Flow
Highest at USD 2,695 MM
in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Net Sales
Highest at USD 4,215 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (USD MM)

Operating Profit Margin
Highest at 24.79 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

EPS
Highest at USD 0.62
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (USD)

Inventory Turnover Ratio
Highest at 3.49 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Raw Material Cost
Fallen by -8.14% (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 351 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.

Interest
At USD 93 MM has Grown at 19.23%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (USD MM)

Debtors Turnover Ratio
Lowest at 6.47 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

Interest
Highest at USD 93 MM
in the last five periods and Increased by 19.23% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (USD MM)

Cash and Eqv
Lowest at USD 3,174 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents

Debt-Equity Ratio
Highest at 66.49 %
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