Research / Stock / GLW
G
GLW
CORNING INC /NY
147.16
+1.61 +1.11%
close 2026-08-25
GLW reports no free cash flow we can read, so this model is discounting net income instead. That is a different model — net income carries non-cash charges and ignores capital spending — and its answer should be read as a rougher one.
Assumptions
25.3%
Market is pricing 25.3%— you agree
Actually grew +12.0%/yrFCF, 2020–2025 — the market is pricing 13.3pts FASTER than history
10 yrs
3.00%
9.78%
9.8% derived for this company beta 1.21 (1254d vs the S&P 500) · cost of equity 10.2% = 4.7% risk-free + 1.21 × 4.5% premium · 6% debt at 4.0%, taxed at 15%
Fair value
$147.37
+0.1%
At the market's assumptionsCurrent price $147.16Enterprise value 126.4B
Bear $102.41 (20.3% growth)Bull $210.55 (30.3%)
Today's market price is inside the range · band = your growth ±5pts, same model · the market itself prices 25.3%
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Present value of each projected year, Y1–Y10
28% the 10 forecast years72% terminal value