Codan (OTCMKTS:CODAF) & Corning (NYSE:GLW) Head to Head Contrast

Corning (NYSE:GLW) and Codan (OTCMKTS:CODAF) are both technology companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, valuation, profitability, earnings, dividends, analyst recommendations and institutional ownership.

Profitability

This table compares Corning and Codan’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corning	11.20%	20.09%	8.00%
Codan	N/A	N/A	N/A

Dividends

Corning pays an annual dividend of $1.12 per share and has a dividend yield of 0.7%. Codan pays an annual dividend of C$0.09 per share and has a dividend yield of 0.4%. Corning pays out 51.1% of its earnings in the form of a dividend. Codan pays out 163.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Corning is clearly the better dividend stock, given its higher yield and lower payout ratio.

Earnings and Valuation

This table compares Corning and Codan”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corning	$15.63 billion	8.63	$1.60 billion	$2.19	71.52
Codan	N/A	N/A	N/A	C$0.05	454.04

Corning has higher revenue and earnings than Codan. Corning is trading at a lower price-to-earnings ratio than Codan, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

69.8% of Corning shares are held by institutional investors. Comparatively, 4.7% of Codan shares are held by institutional investors. 0.3% of Corning shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Corning and Codan, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corning	0	6	10	0	2.62
Codan	0	0	0	0	0.00

Corning presently has a consensus target price of $174.08, indicating a potential upside of 11.14%. Given Corning’s stronger consensus rating and higher possible upside, analysts plainly believe Corning is more favorable than Codan.

Summary

Corning beats Codan on 12 of the 13 factors compared between the two stocks.

About Corning

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

About Codan

Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. It operates through Communications and Metal Detection segments. The Communications segment designs, develops, manufactures, and markets communication equipment that consists of DTC radio solutions for the wireless transmission of video and other data applications; and Zetron communications solutions. The Metal Detection segment designs, develops, manufactures, and markets metal detection equipment, such as handheld metal detecting technologies for recreational, gold mining, demining, and military markets. The company sells its products through a network of dealers, distributors, and agents in Australia, Canada, Denmark, the United Kingdom, the United States, Brazil, India, Ireland, Mexico, Singapore, the United Arab Emirates, and internationally. Codan Limited was incorporated in 1959 and is headquartered in Mawson Lakes, Australia.