Why we don't show a single “fair value” for GLW
Even the optimistic scenario of a conservative trailing-FCF model ($15.53) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. Off today's cash-flow base, no plausible growth rate bridges to the current price — the market is valuing normalized future cash flows, not the depressed base. The model scenarios below are shown for reference only.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 3.1%/yr | 10.8% | $5.46 |
| Base case | 6.1%/yr | 9.8% | $9.62 |
| Optimistic | 9.1%/yr | 8.8% | $15.53 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 13, 2026 · assumptions not provided | $19.60 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$154.09
Market-Implied Growth
N/A
Base-Case Model Value
$9.62
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for GLW (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $992.5M · 0.86B shares · net debt $7.9B
Estimated Fair Value
$9.62
-93.8% vs $154.09
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 6.1%/yr FCF growth and 10-year horizon fixed. Green = above today's $154.09; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 7.8% | $13.40 | $14.98 | $16.86 | $19.13 | $21.92 |
| 8.8% | $10.24 | $11.36 | $12.67 | $14.19 | $16.00 |
| 9.8% | $7.84 | $8.68 | $9.62 | $10.71 | $11.97 |
| 10.8% | $5.96 | $6.60 | $7.32 | $8.12 | $9.04 |
| 11.8% | $4.45 | $4.95 | $5.51 | $6.13 | $6.82 |
