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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-25), Corning's Intrinsic Value: Projected FCF is CHF20.60. The stock price of Corning is CHF116.30. Therefore, Corning's Price-to-Intrinsic-Value-Projected-FCF of today is 5.7.
The historical rank and industry rank for Corning's Intrinsic Value: Projected FCF or its related term are showing as below:
XSWX:GLW'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.62 Med: 1.35 Max: 9.91
Current: 5.65
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Corning was 9.91. The lowest was 0.62. And the median was 1.35.
XSWX:GLW's Price-to-Projected-FCF is ranked worse than 81.29% of 1700
companies
in the Hardware industry
Industry Median: 1.69
vs XSWX:GLW: 5.65
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Corning's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
116.30
/
21.65684019259
=
5.37
* 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 Intrinsic Value: Projected FCF Related Terms
Corning Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Corning's Intrinsic Value: Projected 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.
XSWX:GLW vs APH, TEL, FLEX: Intrinsic Value: Projected FCF Comparison
For the Electronic Components subindustry, Corning's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Price-to-Projected-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Corning's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Corning's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of CHF20.60 mean?
Corning (XSWX:GLW) has a Intrinsic Value: Projected FCF of CHF20.60 as of Aug. 25, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Corning and its competitors. According to the industry distribution chart, Corning ranks #1382 out of 1700 companies in the Hardware industry, placing it in the top 81.3%.
Is Corning's Intrinsic Value: Projected FCF too high?
Corning's current Intrinsic Value: Projected FCF is CHF20.60. Based on the distribution chart, Corning ranks #1382 out of 1700 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Corning has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Corning's Intrinsic Value: Projected FCF compare to APH and TEL?
According to the Hardware industry distribution chart, Corning ranks #1382 out of 1700 companies for Intrinsic Value: Projected FCF. This places Corning in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Hardware company?
The median Intrinsic Value: Projected FCF among Hardware companies is 1.69, based on 1,700 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Corning and its competitors. For the Hardware industry, the median Intrinsic Value: Projected FCF is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corning's current Intrinsic Value: Projected FCF is CHF20.60. 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?
Corning (XSWX:GLW) has a current Intrinsic Value: Projected FCF of CHF20.60. The stock's GF Value™ is CHF52.03, compared to a current price of CHF116.30 — trading 123.5% above its estimated fair value. The current Intrinsic Value: Projected FCF is CHF20.60. Corning's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Corning (XSWX:GLW), the current Intrinsic Value: Projected FCF is CHF20.60 as of Aug. 25, 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 (XSWX:GLW) Overvalued in 2026?
Based on GuruFocus' analysis, Corning stock appears to be overvalued.
The current stock price of CHF116.30 is trading 123.5% above its estimated GF Value™ of CHF52.03.
Key valuation signals for XSWX:GLW:
Intrinsic Value: Projected FCF: CHF20.60
GF Value™: CHF52.03 vs. price of CHF116.30 (123.5% above fair value)
No single metric tells the full story. See the XSWX: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.
72GF Score
Get the complete analysis for XSWX:GLW
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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