CorningXTER:GLW +0.08%68 EV-to-FCF is 114.13 as of Jul. 09, 2026, which is 153% above its 10-year median of 45.11. GuruFocus rates XTER:GLW with a GF Score™ of 68/100 and a GF Value™ of €53.05 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,328 Hardware companies, Corning ranks worse than 82.76% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Corning's Enterprise Value is €146,723 Mil.
Corning's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1,286 Mil. Therefore, Corning's EV-to-FCF for today is 114.13.
The historical rank and industry rank for Corning's EV-to-FCF or its related term are showing as below:
XTER:GLW'
s EV-to-FCF Range Over the Past 10 Years
Min: -159.48 Med: 45.11 Max: 766.72
Current: 111.39
During the past 13 years, the highest EV-to-FCF of Corning was 766.72. The lowest was -159.48. And the median was 45.11.
XTER:GLW's EV-to-FCF is ranked worse than 82.76% of 1328
companies
in the Hardware industry
Industry Median: 23.555
vs XTER:GLW: 111.39
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 (TTM) to determine the fair market value of a company.
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 (TTM) to determine the fair market value of a company.
Corning's share price for today is €159.80.
Corning's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.795.
* 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
Corning EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Corning's EV-to-FCF 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-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 vs Hardware Industry
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's current Enterprise Value is €146,723 Mil.
Corning's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,286 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 (XTER:GLW) has a EV-to-FCF of 114.13 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Corning and its competitors. This is 153% above median its historical median of 45.11. According to the industry distribution chart, Corning ranks #1099 out of 1328 companies in the Hardware industry, placing it in the top 82.8%.
Is Corning's EV-to-FCF too high?
Corning's current EV-to-FCF of 114.13 is 153% above median its 10-year median of 45.11. The Hardware industry median EV-to-FCF is 23.56. Corning's value of 114.13 is 384.5% above this industry median. Based on the distribution chart, Corning ranks #1099 out of 1328 companies in the Hardware industry, which is in the bottom quartile relative to peers. 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-FCF compare to APH and TEL?
According to the Hardware industry distribution chart, Corning ranks #1099 out of 1328 companies for EV-to-FCF. This places Corning in the lower half of its industry. The industry median EV-to-FCF is 23.56. Corning's value of 114.13 is 384.5% above this benchmark. While the company's 10-year median is 45.11 vs. the industry median of 23.56, 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-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 23.56, based on 1,328 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corning's current EV-to-FCF of 114.13 is 384.5% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Corning and its competitors. For the Hardware industry, the median EV-to-FCF is 23.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corning's current EV-to-FCF is 114.13, which is 153% above median its own 10-year median of 45.11. 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 (XTER:GLW) is currently considered Significantly Overvalued. The stock's GF Value™ is €53.05, compared to a current price of €159.80 — trading 201.2% above its estimated fair value. The current EV-to-FCF is 114.13, which is 153% above median its 10-year median of 45.11 and 384.5% above the Hardware industry median of 23.56. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Corning (XTER:GLW), the current EV-to-FCF is 114.13 as of Jul. 09, 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 (XTER:GLW) Overvalued in 2026?
Based on GuruFocus' analysis, Corning stock appears to be overvalued.
The current stock price of €159.80 is trading 201.2% above its estimated GF Value™ of €53.05.
GuruFocus considers Corning to be Significantly Overvalued.
Key valuation signals for XTER:GLW:
EV-to-FCF: 114.13 (153% above median its 10-year median of 45.11)
GF Value™: €53.05 vs. price of €159.80 (201.2% above fair value)
Industry Position: 384.5% above the Hardware median (#1099 of 1328)
No single metric tells the full story. See the XTER: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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