Avery Dennison Corp.
Converted Paper & Paperboard Prods (No Contaners/Boxes)
Avery Dennison Corp provides materials science and digital identification solutions, offering labeling and functional materials, RFID inlays and tags, software connecting physical and digital, and products that enhance packaging and customer experience.
It is a $12.7B materials company. Revenue grew 5.8% over the last year, it keeps 8¢ of every dollar of sales as profit, and its net debt equals ~3.3 years of free cash flow. It trades at 18.0× earnings — in the cheapest third of its own history.
- Website
- averydennison.com
- Location
- Mentor, OH
- Employees
- 35 000
- Sector
- Basic Materials
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation and quality; Growth lags behind.
Valuation95
- P/E vs own history10th pct · 25/25
- FCF yield8.4% · 25/25
- P/S1.4x · 25/25
- EV/EBITDA13.9x · 20/25
Growth30
- Revenue CAGR1.3% · 6/25
- Net income CAGR-1.8% · 0/25
- EPS CAGR ~5Y5.9% · 12/25
- Fwd implied growth14.4% · 12/25
Profitability62
- ROIC11.9% · 12/25
- ROE31.1% · 25/25
- Net margin7.6% · 13/25
- Operating margin10.3% · 12/25
Health53
- Altman Z2.80 · 18/25
- Current ratio1.13 · 12/25
- Interest coverage8.0x · 18/25
- Net cash / debtD/A 40% · 5/25
Quality90
- Piotroski F5/9 · 15/25
- Beneish M-2.62 · 25/25
- FCF conversion151% · 25/25
- Margin stabilityσ 1.7% · 25/25
Moat68
- ROIC >12% years10/10 yrs · 25/25
- Median gross margin27.5% · 6/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 4.3% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2022FinancialBest year on record$757M net income
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$6.09B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Interest covered 8.0× by operating earnings
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+5.8% YoY
- Profitable — makes more than it spends$705M TTM
- Profit growing — earnings are higher than last year-1.6% YoY
- Generates cash — cash left after running and investing$1.06B TTM
- Debt under control — could handle its obligations~3.3y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$12.7B market cap
- Not printing shares — share count not ballooning — you keep your slice-6.9% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 2.8 — grey
- Pays a dividend — returns cash to shareholdersyield 2.31%
- Valuation not extreme — price not wildly above earningsP/E 18.0
Peer comparisonAvery Dennison Corp. vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| AVY this company | $12.7B | 18.0 | +5.8% | 7.6% | Mixed |
| LIN Linde plc Ordinary Share | $223.2B | 30.8 | +6.6% | 20.4% | Solid |
| SCCO Southern Copper Corporation | $176.8B | 31.2 | +32.8% | 35.9% | Strong |
| NEM Newmont Corporation | $124.2B | 14.4 | +25.2% | 33.4% | Strong |
| FCX Freeport-McMoran Inc. | $105.8B | 35.9 | +0.2% | 11.4% | Strong |
| AEM Agnico Eagle Mines Ltd. | $95.8B | 15.9 | +43.7% | 37.5% | Strong |
| B Barrick Mining Corporation | $67.5B | 10.1 | +9.2% | 31.6% | Strong |
Head-to-head: AVY vs LIN · AVY vs SCCO · AVY vs NEM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/AVY
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of AVY on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $167.82 · market cap $12.7B.