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
How much should you hold?
- Overall Portfolio exposure to Corning, Inc. should be less than 10%
- 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%
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%
Valuation Key Factors 
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%
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
Technical Movement
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 periodsMOJO 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 periodsMOJO 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 yearsMOJO 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 periodsMOJO 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 periodsMOJO 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 periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio






