Corning Incorporated

LSE:0R2X Stock Report

Market Cap: US$45.3b

Corning Valuation

Is 0R2X undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0R2X when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$50.90
Fair Value
3.9% overvalued intrinsic discount
14
Number of Analysts

Below Fair Value: 0R2X ($52.87) is trading above our estimate of fair value ($50.9)

Significantly Below Fair Value: 0R2X is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0R2X?

Key metric: As 0R2X is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0R2X. This is calculated by dividing 0R2X's market cap by their current earnings.
What is 0R2X's PE Ratio?
PE Ratio89.5x
EarningsUS$506.00m
Market CapUS$45.30b

Price to Earnings Ratio vs Peers

How does 0R2X's PE Ratio compare to its peers?

The above table shows the PE ratio for 0R2X vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.7x
HLMA Halma
39.1x8.5%UK£11.2b
KETL Strix Group
16.2x44.9%UK£116.3m
SXS Spectris
10.8x-23.1%UK£3.0b
6981 Murata Manufacturing
24.7x13.9%JP¥5.1t
0R2X Corning
89.5x23.2%US$45.3b

Price-To-Earnings vs Peers: 0R2X is expensive based on its Price-To-Earnings Ratio (89.5x) compared to the peer average (22.5x).

Price to Earnings Ratio vs Industry

How does 0R2X's PE Ratio compare vs other companies in the European Electronic Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0R2X 89.5xIndustry Avg. 20.0xNo. of Companies12PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0R2X is expensive based on its Price-To-Earnings Ratio (89.5x) compared to the European Electronic industry average (20x).

Price to Earnings Ratio vs Fair Ratio

What is 0R2X's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0R2X PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio89.5x
Fair PE Ratio49.6x

Price-To-Earnings vs Fair Ratio: 0R2X is expensive based on its Price-To-Earnings Ratio (89.5x) compared to the estimated Fair Price-To-Earnings Ratio (49.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0R2X forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$52.87
US$54.78
+3.6%
11.7%US$65.00US$43.00n/a14
Feb ’26US$52.14
US$55.49
+6.4%
10.2%US$65.00US$43.00n/a14
Jan ’26US$47.34
US$52.92
+11.8%
11.3%US$60.00US$37.00n/a14
Dec ’25US$48.67
US$52.28
+7.4%
13.2%US$60.00US$37.00n/a14
Nov ’25US$48.34
US$51.17
+5.8%
15.1%US$60.00US$37.00n/a14
Oct ’25US$44.56
US$45.45
+2.0%
14.1%US$55.00US$37.00n/a14
Sep ’25US$41.49
US$43.52
+4.9%
12.3%US$55.00US$37.00n/a14
Aug ’25US$39.66
US$43.14
+8.8%
12.7%US$55.00US$36.01n/a14
Jul ’25US$38.52
US$38.04
-1.2%
10.9%US$45.00US$29.00n/a14
Jun ’25US$36.90
US$36.36
-1.5%
9.8%US$43.00US$29.00n/a14
May ’25US$33.64
US$35.70
+6.1%
8.8%US$40.00US$29.00n/a13
Apr ’25US$32.95
US$34.78
+5.5%
8.7%US$40.00US$29.00n/a13
Mar ’25US$32.50
US$34.50
+6.2%
8.8%US$40.00US$29.00n/a13
Feb ’25US$31.93
US$34.42
+7.8%
9.2%US$40.00US$29.00US$52.1413
Jan ’25US$30.34
US$32.50
+7.1%
10.7%US$40.00US$28.00US$47.3413
Dec ’24US$28.79
US$32.71
+13.6%
10.7%US$40.00US$28.00US$48.6712
Nov ’24US$26.56
US$33.25
+25.2%
11.8%US$40.00US$28.00US$48.3412
Oct ’24US$30.50
US$38.25
+25.4%
7.6%US$43.00US$33.00US$44.5612
Sep ’24US$32.97
US$38.31
+16.2%
7.3%US$43.00US$33.00US$41.4913
Aug ’24US$33.84
US$38.31
+13.2%
7.3%US$43.00US$33.00US$39.6613
Jul ’24US$34.92
US$38.15
+9.3%
8.6%US$42.00US$30.00US$38.5213
Jun ’24US$30.97
US$37.62
+21.4%
8.9%US$42.00US$30.00US$36.9013
May ’24US$33.09
US$37.76
+14.1%
8.9%US$42.00US$30.00US$33.6413
Apr ’24US$35.25
US$38.15
+8.2%
7.3%US$42.00US$32.00US$32.9513
Mar ’24US$34.28
US$37.92
+10.6%
7.6%US$42.00US$32.00US$32.5013
Feb ’24US$35.21
US$37.79
+7.3%
7.7%US$42.00US$32.00US$31.9313
Analyst Price Target
Consensus Narrative from 14 Analysts
US$54.76
Fair Value
3.5% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/19 19:10
End of Day Share Price 2025/02/19 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Corning Incorporated is covered by 43 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Ishan MajumdarBaptista Research
Amir RozwadowskiBarclays