Corning manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The company was founded in 1851 and is based in Corning, New York.
GLW Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for GLW, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Corning Inc ranked in the 12th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 89%. In terms of the factors that were most noteworthy in this DCF analysis for GLW, they are:
Its compound free cash flow growth rate, as measured over the past 5.46 years, is -0.2% -- higher than merely 7.69% of stocks in our DCF forecasting set.
The weighted average cost of capital for the company is 8. This value is greater than merely 15.56% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Corning Inc? See FEYE, OPRA, EVOP, INOV, and NUAN.
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