Stock AVY AVERY DENNISON CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Financials Avery Dennison Corporation

Equities

AVY

US0536111091

Non-Paper Containers & Packaging

Market Closed - Nyse
Other stock markets
 04:00:01 2024-04-26 pm EDT 		5-day change 1st Jan Change
219 USD +0.86% Intraday chart for Avery Dennison Corporation +3.53% +8.34%
Apr. 26 Truist Adjusts Price Target on Avery Dennison to $253 From $248 MT
Apr. 26 Truist Raises Price Target on Avery Dennison to $253 From $248, Keeps Buy Rating MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,937 12,862 17,824 14,655 16,280 17,636 - -
Enterprise Value (EV) 1 12,623 14,727 20,766 14,655 19,310 20,458 20,169 19,937
P/E ratio 36.7 x 23.3 x 24.4 x 19.7 x 32.6 x 24 x 20.9 x 18.4 x
Yield 1.73% 1.53% 1.24% - - 1.52% 1.63% 1.75%
Capitalization / Revenue 1.55 x 1.84 x 2.12 x 1.62 x 1.95 x 2.01 x 1.91 x 1.81 x
EV / Revenue 1.79 x 2.11 x 2.47 x 1.62 x 2.31 x 2.34 x 2.19 x 2.05 x
EV / EBITDA 12.6 x 13.8 x 15.9 x 10.7 x 15.3 x 14.4 x 13 x 11.9 x
EV / FCF 25.8 x 26.9 x 26.8 x - 32.6 x 28.3 x 24.2 x 21.8 x
FCF Yield 3.88% 3.72% 3.73% - 3.07% 3.53% 4.14% 4.59%
Price to Book 9.25 x 8.64 x 9.24 x - - 7.17 x 6.12 x 5.41 x
Nbr of stocks (in thousands) 83,503 83,418 82,796 80,969 80,531 80,520 - -
Reference price 2 131.0 154.2 215.3 181.0 202.2 219.0 219.0 219.0
Announcement Date 1/29/20 2/3/21 2/2/22 2/2/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,070 6,972 8,408 9,039 8,364 8,753 9,224 9,725
EBITDA 1 1,003 1,068 1,308 1,364 1,262 1,424 1,547 1,669
EBIT 1 823.7 862.8 1,064 1,073 963.8 1,116 1,230 1,347
Operating Margin 11.65% 12.38% 12.66% 11.87% 11.52% 12.75% 13.33% 13.85%
Earnings before Tax (EBT) 1 249.5 737.3 992.6 999.3 694.7 1,000 1,118 1,252
Net income 1 303.6 555.9 740.1 757.1 503 730 829 928.8
Net margin 4.29% 7.97% 8.8% 8.38% 6.01% 8.34% 8.99% 9.55%
EPS 2 3.570 6.610 8.830 9.210 6.200 9.118 10.50 11.87
Free Cash Flow 1 489.3 547.5 774.7 - 591.9 722.8 834.1 915
FCF margin 6.92% 7.85% 9.21% - 7.08% 8.26% 9.04% 9.41%
FCF Conversion (EBITDA) 48.8% 51.26% 59.21% - 46.89% 50.75% 53.92% 54.82%
FCF Conversion (Net income) 161.17% 98.49% 104.68% - 117.67% 99.02% 100.62% 98.52%
Dividend per Share 2 2.260 2.360 2.660 - - 3.338 3.579 3.841
Announcement Date 1/29/20 2/3/21 2/2/22 2/2/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,072 2,183 2,349 2,347 2,317 2,026 2,065 2,090 2,098 2,110 2,151 2,180 2,204 2,207 2,263
EBITDA 1 319.4 325.4 358.3 384 360.4 261.4 280.2 307.8 328.3 338.1 351 350.3 364.4 366.6 376.4
EBIT 1 257.5 252.8 286.3 310.8 288.4 187.9 207.9 233.8 253.2 261.1 273.7 272.6 286.6 289 298.1
Operating Margin 12.43% 11.58% 12.19% 13.24% 12.45% 9.27% 10.07% 11.18% 12.07% 12.37% 12.72% 12.5% 13% 13.09% 13.17%
Earnings before Tax (EBT) 1 224.4 244 269.7 287.9 272.5 169.2 168.3 140.2 184.6 201.6 234.4 244.6 263.5 267.7 268
Net income 1 164.1 182.7 198.2 214.5 221.5 122.9 121.2 100.4 138.3 143.1 172.4 178.7 188.7 193.7 199
Net margin 7.92% 8.37% 8.44% 9.14% 9.56% 6.07% 5.87% 4.8% 6.59% 6.78% 8.01% 8.19% 8.56% 8.78% 8.79%
EPS 2 1.960 2.190 2.390 2.610 2.700 1.510 1.490 1.240 1.710 1.770 2.130 2.233 2.357 2.483 2.425
Dividend per Share 2 0.6800 0.6800 0.6800 0.7500 0.7500 - 0.7500 0.8100 - - 0.8065 0.8100 0.8100 0.8100 0.9485
Announcement Date 10/27/21 2/2/22 4/26/22 7/27/22 10/26/22 2/2/23 4/26/23 7/25/23 10/25/23 1/31/24 4/24/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,686 1,865 2,942 - 3,029 2,822 2,533 2,301
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.681 x 1.746 x 2.249 x - 2.4 x 1.981 x 1.637 x 1.378 x
Free Cash Flow 1 489 548 775 - 592 723 834 915
ROE (net income / shareholders' equity) 51.9% 44.2% 43.8% 38% 24.2% 32.6% 31.9% 30.7%
ROA (Net income/ Total Assets) 10.5% 10.3% 10.6% 9.45% 6.23% 8.7% 9.4% 9.96%
Assets 1 2,887 5,395 6,963 8,011 8,080 8,390 8,819 9,329
Book Value Per Share 2 14.20 17.90 23.30 - - 30.60 35.80 40.50
Cash Flow per Share 2 8.780 8.930 12.50 - 10.20 9.870 12.80 -
Capex 1 257 219 272 - 285 280 293 298
Capex / Sales 3.64% 3.14% 3.24% - 3.41% 3.2% 3.17% 3.06%
Announcement Date 1/29/20 2/3/21 2/2/22 2/2/23 1/31/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Avery Dennison Corporation

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
219 USD
Average target price
225.7 USD
Spread / Average Target
+3.07%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Non-Paper Containers & Packaging

1st Jan change Capi.
AVERY DENNISON CORPORATION Stock Avery Dennison Corporation
+8.34% 17.64B
BALL CORPORATION Stock Ball Corporation
+21.35% 21.97B
CROWN HOLDINGS, INC. Stock Crown Holdings, Inc.
-12.49% 9.62B
CCL INDUSTRIES INC. Stock CCL Industries Inc.
+19.15% 9.29B
SILGAN HOLDINGS INC. Stock Silgan Holdings Inc.
+3.78% 5.01B
SEALED AIR CORPORATION Stock Sealed Air Corporation
-13.09% 4.62B
VISCOFAN, S.A. Stock Viscofan, S.A.
+12.87% 2.98B
GREIF, INC. Stock Greif, Inc.
-5.60% 2.96B
PACTIV EVERGREEN INC. Stock Pactiv Evergreen Inc.
+13.27% 2.78B
NAMPAK ZIMBABWE LIMITED Stock Nampak Zimbabwe Limited
+266.10% 2.53B
Other Non-Paper Containers & Packaging
  1. Stock Market
  2. Equities
  3. AVY Stock
  4. Financials Avery Dennison Corporation