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Corning EV-to-FCF

: 24.97 (As of Today)
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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Corning's Enterprise Value is $36,205 Mil. Corning's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2022 was $1,450 Mil. Therefore, Corning's EV-to-FCF for today is 24.97.

The historical rank and industry rank for Corning's EV-to-FCF or its related term are showing as below:

GLW' s EV-to-FCF Range Over the Past 10 Years
Min: -159.48   Med: 21.82   Max: 785.46
Current: 24.97

During the past 13 years, the highest EV-to-FCF of Corning was 785.46. The lowest was -159.48. And the median was 21.82.

GLW's EV-to-FCF is ranked worse than
56.75% of 1066 companies
in the Hardware industry
Industry Median: 18.93 vs GLW: 24.97

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2022-08-07), Corning's stock price is $35.80. Corning's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $2.330. Therefore, Corning's PE Ratio for today is 15.36.


Competitive Comparison

For the Electronic Components subindustry, Corning's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF Distribution

For the Hardware industry and Technology sector, Corning's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Corning's EV-to-FCF falls into.



Corning EV-to-FCF Calculation

Corning's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=36205.390/1450
=24.97

Corning's current Enterprise Value is $36,205 Mil.
Corning's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,450 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  (NYSE:GLW) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Corning's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=35.80/2.330
=15.36

Corning's share price for today is $35.80.
Corning's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.330.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Corning EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Corning's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Corning Business Description

Corning logo
Address
One Riverfront Plaza, Corning, NY, USA, 14831
Corning Inc is a leader in materials science, specializing in the production of glass, ceramics and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.
Executives
Amin Jaymin officer: SVP and Chief Tech. Officer ONE RIVERFRONT PLAZA CORNING NY 14831
Capps Cheryl C officer: SVP & Chief Supply Chain Off. 5830 GRANITE PARKWAY SUITE 1150 PLANO TX 75024
Craig Pamela director C/O ACCENTURE 161 N CLARK STREET CHICAGO IL 60601
Ferguson Roger W. Jr. director CORNING INCORPORATED ONE RIVERFRONT PLAZA CORNING NY 14831
Samsung Display Co., Ltd. 10 percent owner 1, SAMSUNG-RO, GIHEUNG-GU, YONGIN-SI GYEONGGI-DO M5 17113
Bell Michael Alan officer: Senior VP &.GM, Optical Comm. ONE RIVERFRONT PLAZA CORNING NY 14831
Becker Stefan officer: SVP & Operations Controller ONE RIVERFRONT PLAZA CORNING NY 14831
Zhang John Z officer: Senior VP & GM, Display ONE RIVERFRONT PLAZA CORNING NY 14831
Verkleeren Ronald L officer: Senior VP & GM, Life Sciences ONE RIVERFRONT PLAZA CORNING NY 14831
Nelson Avery H Iii officer: Senior VP & GM, Automotive ONE RIVERFRONT PLAZA CORNING NY 14831
Bayne John P Jr officer: SVP & GM Mobile Consumer Elec. ONE RIVERFRONT PLAZA CORNING NY 14831
Fang Li officer: Pres.&GM Corning Greater China ONE RIVERFRONT PLAZA CORNING NY 14831
Mullins Anne officer: Senior Vice President & CDIO ONE RIVERFRONT PLAZA CORNING NY 14831
France Robert P. officer: Senior VP, Human Resources ONE RIVERFRONT PLAZA CORNING NY 14831
Brun Leslie A director 435 DEVON PARK DRIVE 700 BUILDING WAYNE PA 19087

Corning Headlines

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