GLW Corning Inc.
too hard · 56
Owner-earnings value$31.57
Price$147.28
Margin of safety
-78.6%
Quality gate · 56/100
⚠ sub-hurdle returns (median roic 7% < 9%)
Median ROIC7.4%
Gross margin36.4%
Net debt / EBITDA1.9x
FCF conversion100%
Share count / yr+1.4%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 1.90B |
| Owner-earnings yield | 1.5% |
| Free-cash-flow yield | 1.9% |
| Growth used (normalized) | 3.3% |
| Market-implied growth (reverse DCF) | 25.0% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 10.3% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 1.96B | 3.3% | 1.78B |
| 2 | 2.03B | 3.2% | 1.67B |
| 3 | 2.09B | 3.2% | 1.56B |
| 4 | 2.16B | 3.2% | 1.46B |
| 5 | 2.23B | 3.2% | 1.36B |
| 6 | 2.30B | 3.1% | 1.27B |
| 7 | 2.37B | 3.1% | 1.19B |
| 8 | 2.44B | 3.1% | 1.11B |
| 9 | 2.51B | 3.0% | 1.04B |
| 10 | 2.59B | 3.0% | 971.42M |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~25%/yr owner-earnings growth over 10y (reverse DCF); model credits 3%.