Amphenol Corp (APH) is undervalued and Corning Inc (GLW) is overvalued.
Against our estimates of intrinsic value, APH trades at the wider discount: a margin of safety of +38%, against -206% for GLW.
Values as of the 22 Sept 2026 close.
A 11.4x revenue multiple, adjusted for growth and margin, values the shares at $133.20; the price of $82.84 is 38% below that value.
Leak Score 81/100 on 10 of 12 signals
Discounting its cash flows at 10.3% (average of 3 methods) values the shares at $52.22; the price of $159.69 is 206% above that value, and 72% of that value comes from beyond year five.
Leak Score 56/100 on 10 of 12 signals
| Metric | APH | GLW |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $82.84 | $159.69 |
| Intrinsic value | $133.20 | $52.22 |
| Margin of safety | +38% | -206% |
| Leak Score | 81/100 (10/12) | 56/100 (10/12) |
| Market cap | $204.3B | $137.6B |
| Revenue growth, 5 years | 21.9% | 6.7% |
| Operating margin | 28.1% | 16.5% |
| Net margin | 17.7% | 11.2% |
| Return on equity | 38.1% | 16.1% |
| Debt to equity | 1.21 | 0.75 |
| P/E | 41.5x | 73.3x |
| Forward P/E | 25.6x | 36.7x |
| P/B | 13.2x | 11.5x |
| Dividend yield | 0.6% | 0.7% |