Corning (Corning) Margin of Safety % (DCF Dividends Based) : -11.22% (As of Apr. 27, 2024)

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What is Corning Margin of Safety % (DCF Dividends Based)?

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based) - Current Price) / Intrinsic Value: DCF (Dividends Based).

Note: Discounted Dividend model is only suitable for companies who have a consistant distribution history with more than 5 years. If the company's dividends does not remain steady over a long period, results may not be accurate due to the low consistency. The model is also only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's Predictability Rank is 1-Star or Not Rated, the data will not be stored into our database.

As of today (2024-04-27), Corning's Predictability Rank is 2-Stars. Corning's intrinsic value calculated from the Discounted Dividend model is $19.62 and current share price is $31.33. Consequently,

Corning's Margin of Safety % (DCF Dividends Based) using Discounted Dividend model is -11.22%.

Competitive Comparison of Corning's Margin of Safety % (DCF Dividends Based)

For the Electronic Components subindustry, Corning's Margin of Safety % (DCF Dividends Based), along with its competitors' market caps and Margin of Safety % (DCF Dividends Based) 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's Margin of Safety % (DCF Dividends Based) Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Corning's Margin of Safety % (DCF Dividends Based) distribution charts can be found below:

* The bar in red indicates where Corning's Margin of Safety % (DCF Dividends Based) falls into.

Corning Margin of Safety % (DCF Dividends Based) Calculation

Corning's Margin of Safety % (DCF Dividends Based) for today is calculated as

Margin of Safety % (DCF Dividends Based)	=	(Intrinsic Value: DCF (Dividends Based)	-	Current Price)	/	Intrinsic Value: DCF (Dividends Based)
	=	(28.17	-	31.33)	/	28.17
	=	-11.22 %

* 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.

The intrinsic value is calculated from the Discounted Dividend model with default parameters.

Corning Margin of Safety % (DCF Dividends Based) Related Terms

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Corning (Corning) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Corning Inc (NYSE:GLW) » Definitions » Margin of Safety % (DCF Dividends Based)

Comparable Companies

Traded in Other Exchanges

1GLW:Italy GLW:Germany GLW:Germany GLW:Germany G1LW34:Brazil GLW:Argentina

Address

One Riverfront Plaza, Corning, NY, USA, 14831

Website

https://www.corning.com

Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.

Executives

Lawrence D Mcrae	officer: Senior Vice President	ONE RIVERFRONT PLAZA, CORNING NY 14831
Lewis A Steverson	officer: Senior Vice President	ONE RIVERFRONT PLAZA, CORNING NY 14831
Wendell P Weeks	officer: President and COO	ONE RIVERFRONT PLZ, CORNING NY 14831
Jordana Daryl Kammerud	officer: Senior Vice President & CHRO	ONE RIVERFRONT PLAZA, CORNING NY 14831
Thomas D French	director	ONE RIVERFRONT PLAZA, CORNING NY 14831
Michael Alan Bell	officer: Senior VP &.GM, Optical Comm.	ONE RIVERFRONT PLAZA, CORNING NY 14831
Bayne John P Jr	officer: SVP & GM Mobile Consumer Elec.	ONE RIVERFRONT PLAZA, CORNING NY 14831
Jeffrey W Evenson	officer: Senior Vice President	ONE RIVERFRONT PLAZA, CORNING NY 14831
Anne Mullins	officer: Senior Vice President & CDIO	ONE RIVERFRONT PLAZA, CORNING NY 14831
John Z Zhang	officer: Senior VP & GM, Display	ONE RIVERFRONT PLAZA, CORNING NY 14831
Cheryl C Capps	officer: SVP & Chief Supply Chain Off.	5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
Li Fang	officer: Pres.&GM Corning Greater China	ONE RIVERFRONT PLAZA, CORNING NY 14831
Soumya Seetharam	officer: Senior Vice President & CDIO	ONE RIVERFRONT PLAZA, CORNING NY 14831
Jaymin Amin	officer: SVP and Chief Tech. Officer	ONE RIVERFRONT PLAZA, CORNING NY 14831
Robert P. France	officer: Senior VP, Human Resources	ONE RIVERFRONT PLAZA, CORNING NY 14831