Corning Valuation
| 0R2X Stock | 54.23 0.25 0.46% |
At this time, the firm appears to be fairly valued. Corning shows a prevailing Real Value of USD53.44 per share. The current price of the firm is USD54.23. Our model approximates the value of Corning from analyzing the firm fundamentals such as Profit Margin of 0.03 %, current valuation of 52.1 B, and Return On Equity of 0.0487 as well as examining its technical indicators and probability of bankruptcy.
Enterprise Value 52.1 B | Price Sales 3.1244 | Trailing PE 0.4305 |
Fairly Valued
Today
Please note that Corning's price fluctuation is very steady at this time. Calculation of the real value of Corning is based on 3 months time horizon. Increasing Corning's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Corning stock is determined by what a typical buyer is willing to pay for full or partial control of Corning. Since Corning is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Corning Stock. However, Corning's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 54.23 | Real 53.44 | Hype 54.11 | Naive 53.65 |
The intrinsic value of Corning's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Corning's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Corning helps investors to forecast how Corning stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Corning more accurately as focusing exclusively on Corning's fundamentals will not take into account other important factors: Corning Cash |
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Corning Total Value Analysis
Corning is presently projected to have takeover price of 52.1 B with market capitalization of 4.25 T, debt of 8.09 B, and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Corning fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
52.1 B | 4.25 T | 8.09 B |
Corning Investor Information
About 74.0% of the company shares are owned by institutions such as pension funds. The company had not issued any dividends in recent years. Corning is not in a good financial situation at this time. It has a very high probability of going through financial hardship in August.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Total Cash From Operating Activities | 1.9 B | 1.9 B |
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| Operating Income | 624.9 M | 1.1 B |
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Corning Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Corning has an asset utilization ratio of 47.3 percent. This implies that the Company is making USD0.47 for each dollar of assets. An increasing asset utilization means that Corning is more efficient with each dollar of assets it utilizes for everyday operations.Corning Ownership Allocation
Corning holds a total of 800.4 Million outstanding shares. The majority of Corning outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Corning to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Corning. Please pay attention to any change in the institutional holdings of Corning as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Corning Profitability Analysis
The company reported the revenue of 13.12 B. Net Income was 592 M with profit before overhead, payroll, taxes, and interest of 4.71 B.About Corning Valuation
The stock valuation mechanism determines Corning's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Corning based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Corning. We calculate exposure to Corning's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Corning's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 4.3 B | 2.8 B |
Additional Tools for Corning Stock Analysis
When running Corning's price analysis, check to measure Corning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning is operating at the current time. Most of Corning's value examination focuses on studying past and present price action to predict the probability of Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning's price. Additionally, you may evaluate how the addition of Corning to your portfolios can decrease your overall portfolio volatility.