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CorningFRA:GLW -0.22%68 EV-to-EBIT is 42.17 as of Jul. 30, 2026, which is 92% above its 10-year median of 21.97. GuruFocus rates FRA:GLW with a GF Score™ of 68/100 and a GF Value™ of €55.45 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,770 Hardware companies, Corning ranks worse than 73.67% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Corning's Enterprise Value is €100,166 Mil.
Corning's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €2,376 Mil. Therefore, Corning's EV-to-EBIT for today is 42.17.
The historical rank and industry rank for Corning's EV-to-EBIT or its related term are showing as below:
FRA:GLW'
s EV-to-EBIT Range Over the Past 10 Years
Min: 6.41 Med: 21.97 Max: 74.54
Current: 41.28
During the past 13 years, the highest EV-to-EBIT of Corning was 74.54. The lowest was 6.41. And the median was 21.97.
FRA:GLW's EV-to-EBIT is ranked worse than 73.67% of 1770
companies
in the Hardware industry
Industry Median: 19.445
vs FRA:GLW: 41.28
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Corning's Enterprise Value for the quarter that ended in Jun. 2026 was €197,815 Mil.
Corning's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,376 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Corning EV-to-EBIT Related Terms
Corning EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Corning's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electronic Components subindustry, Corning's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Corning EV-to-EBIT vs Hardware Industry
For the Hardware industry and Technology sector, Corning's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Corning's EV-to-EBIT falls into.
Corning's current Enterprise Value is €100,166 Mil.
Corning's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,376 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Corning (FRA:GLW) has a EV-to-EBIT of 42.17 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Corning and its competitors. This is 92% above median its historical median of 21.97. Over the past decade, Corning's EV-to-EBIT has ranged from 6.41 to 74.54. According to the industry distribution chart, Corning ranks #1304 out of 1770 companies in the Hardware industry, placing it in the top 73.7%.
Is Corning's EV-to-EBIT too high?
Corning's current EV-to-EBIT of 42.17 is 92% above median its 10-year median of 21.97. Over the past 10 years, this metric has ranged from a low of 6.41 to a high of 74.54. The Hardware industry median EV-to-EBIT is 19.45. Corning's value of 42.17 is 116.9% above this industry median. Based on the distribution chart, Corning ranks #1304 out of 1770 companies in the Hardware industry, which is below the industry midpoint. Overall, Corning has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Corning's EV-to-EBIT compare to APH and TEL?
According to the Hardware industry distribution chart, Corning ranks #1304 out of 1770 companies for EV-to-EBIT. This places Corning in the lower half of its industry. The industry median EV-to-EBIT is 19.45. Corning's value of 42.17 is 116.9% above this benchmark. Historically, Corning's own EV-to-EBIT has ranged from 6.41 to 74.54 over the past decade. While the company's 10-year median is 21.97 vs. the industry median of 19.45, Corning has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Hardware company?
The median EV-to-EBIT among Hardware companies is 19.45, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corning's current EV-to-EBIT of 42.17 is 116.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Corning and its competitors. For the Hardware industry, the median EV-to-EBIT is 19.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corning's current EV-to-EBIT is 42.17, which is 92% above median its own 10-year median of 21.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corning stock overvalued right now?
Based on GuruFocus' analysis, Corning (FRA:GLW) is currently considered Significantly Overvalued. The stock's GF Value™ is €55.45, compared to a current price of €108.00 — trading 94.8% above its estimated fair value. The current EV-to-EBIT is 42.17, which is 92% above median its 10-year median of 21.97 and 116.9% above the Hardware industry median of 19.45. Corning's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Corning (FRA:GLW), the current EV-to-EBIT is 42.17 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Corning (FRA:GLW) Overvalued in 2026?
Based on GuruFocus' analysis, Corning stock appears to be overvalued.
The current stock price of €108.00 is trading 94.8% above its estimated GF Value™ of €55.45.
GuruFocus considers Corning to be Significantly Overvalued.
Key valuation signals for FRA:GLW:
EV-to-EBIT: 42.17 (92% above median its 10-year median of 21.97)
GF Value™: €55.45 vs. price of €108.00 (94.8% above fair value)
Industry Position: 116.9% above the Hardware median (#1304 of 1770)
No single metric tells the full story. See the FRA:GLW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Corning is a provider of glass, ceramics, and optical fiber across six distinct end markets. Corning's largest segments by revenue are display glass for TVs and optical fiber for telecom networks and data centers. It also provides cover glass for smartphones as well as filters and substrates and glass for cars, produces pharmaceutical glass, and produces polysilicon for solar panels. Corning is a US producer and is vertically integrated across its products and markets.
68GF Score
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