Intrinsic value of Corning Incorporated (GLW)

[per Chepakovich valuation model]

other valuations of GLW

[per Chepakovich valuation model]  See other valuations of GLW stock

Previous Close$42.85
Intrinsic Value
Upside potential
Previous Close
$42.85

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %-1.7NaN
Revenue, $11303NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m10794NaN
Operating income, $m509NaN
EBITDA, $m2029NaN
Interest expense (income), $mNaN
Earnings before tax, $m525NaN
Tax expense, $m111NaN
Net income, $m414NaN

BALANCE SHEET

Cash and short-term investments, $m2672NaN
Total assets, $m30775NaN
Adjusted assets (=assets-cash), $m28103NaN
Average production assets, $m18984NaN
Working capital, $m4237NaN
Total debt, $m7972NaN
Total liabilities, $m17327NaN
Total equity, $m13448NaN
Debt-to-equity ratio0.593NaN
Adjusted equity ratio0.389NaN

CASH FLOW

Net income, $m414NaN
Depreciation, amort., depletion, $m1520NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m2180NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-1340NaN
Free cash flow, $m3520NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m4237
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN