AVERY DENNISON CORP (AVY) Fundamental Analysis & Valuation

NYSE:AVY • US0536111091

171.01 USD
-3.55 (-2.03%)
At close: Mar 12, 2026
171.01 USD
0 (0%)
After Hours: 3/12/2026, 5:05:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This AVY fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

Taking everything into account, AVY scores 6 out of 10 in our fundamental rating. AVY was compared to 22 industry peers in the Containers & Packaging industry. AVY has an excellent profitability rating, but there are some minor concerns on its financial health. AVY is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

8

1. AVY Profitability Analysis

1.1 Basic Checks

  • AVY had positive earnings in the past year.
  • AVY had a positive operating cash flow in the past year.
  • Each year in the past 5 years AVY has been profitable.
  • Each year in the past 5 years AVY had a positive operating cash flow.
AVY Yearly Net Income VS EBIT VS OCF VS FCFAVY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • The Return On Assets of AVY (7.82%) is better than 95.45% of its industry peers.
  • Looking at the Return On Equity, with a value of 30.69%, AVY belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
  • The Return On Invested Capital of AVY (13.55%) is better than 100.00% of its industry peers.
  • AVY had an Average Return On Invested Capital over the past 3 years of 13.81%. This is significantly above the industry average of 7.71%.
Industry RankSector Rank
ROA 7.82%
ROE 30.69%
ROIC 13.55%
ROA(3y)7.44%
ROA(5y)8.23%
ROE(3y)28.27%
ROE(5y)32.1%
ROIC(3y)13.82%
ROIC(5y)14.13%
AVY Yearly ROA, ROE, ROICAVY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • The Profit Margin of AVY (7.77%) is better than 81.82% of its industry peers.
  • In the last couple of years the Profit Margin of AVY has remained more or less at the same level.
  • AVY has a better Operating Margin (12.69%) than 81.82% of its industry peers.
  • In the last couple of years the Operating Margin of AVY has remained more or less at the same level.
  • With a decent Gross Margin value of 28.75%, AVY is doing good in the industry, outperforming 72.73% of the companies in the same industry.
  • In the last couple of years the Gross Margin of AVY has remained more or less at the same level.
Industry RankSector Rank
OM 12.69%
PM (TTM) 7.77%
GM 28.75%
OM growth 3Y2.24%
OM growth 5Y0.5%
PM growth 3Y-2.47%
PM growth 5Y-0.52%
GM growth 3Y2.63%
GM growth 5Y0.83%
AVY Yearly Profit, Operating, Gross MarginsAVY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. AVY Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AVY is still creating some value.
  • Compared to 1 year ago, AVY has less shares outstanding
  • Compared to 5 years ago, AVY has less shares outstanding
  • Compared to 1 year ago, AVY has a worse debt to assets ratio.
AVY Yearly Shares OutstandingAVY Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M
AVY Yearly Total Debt VS Total AssetsAVY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 3.59 indicates that AVY is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.59, AVY belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
  • AVY has a debt to FCF ratio of 5.48. This is a neutral value as AVY would need 5.48 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 5.48, AVY belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
  • A Debt/Equity ratio of 1.43 is on the high side and indicates that AVY has dependencies on debt financing.
  • The Debt to Equity ratio of AVY (1.43) is worse than 63.64% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.43
Debt/FCF 5.48
Altman-Z 3.59
ROIC/WACC1.67
WACC8.13%
AVY Yearly LT Debt VS Equity VS FCFAVY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 1.13 indicates that AVY should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.13, AVY is not doing good in the industry: 68.18% of the companies in the same industry are doing better.
  • AVY has a Quick Ratio of 1.13. This is a bad value and indicates that AVY is not financially healthy enough and could expect problems in meeting its short term obligations.
  • AVY's Quick ratio of 0.76 is on the low side compared to the rest of the industry. AVY is outperformed by 63.64% of its industry peers.
Industry RankSector Rank
Current Ratio 1.13
Quick Ratio 0.76
AVY Yearly Current Assets VS Current LiabilitesAVY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. AVY Growth Analysis

3.1 Past

  • AVY shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.27%.
  • Measured over the past 5 years, AVY shows a small growth in Earnings Per Share. The EPS has been growing by 6.06% on average per year.
  • The Revenue has been growing slightly by 1.14% in the past year.
  • AVY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
EPS 1Y (TTM)1.27%
EPS 3Y1.4%
EPS 5Y6.06%
EPS Q2Q%2.94%
Revenue 1Y (TTM)1.14%
Revenue growth 3Y-0.68%
Revenue growth 5Y4.9%
Sales Q2Q%3.91%

3.2 Future

  • Based on estimates for the next years, AVY will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.97% on average per year.
  • AVY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.34% yearly.
EPS Next Y7.48%
EPS Next 2Y9.29%
EPS Next 3Y10.26%
EPS Next 5Y8.97%
Revenue Next Year4.1%
Revenue Next 2Y3.84%
Revenue Next 3Y3.97%
Revenue Next 5Y6.34%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
AVY Yearly Revenue VS EstimatesAVY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2B 4B 6B 8B 10B
AVY Yearly EPS VS EstimatesAVY Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

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Find the best growth stocksShow best growing peers

4

4. AVY Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 17.93, AVY is valued on the expensive side.
  • The rest of the industry has a similar Price/Earnings ratio as AVY.
  • The average S&P500 Price/Earnings ratio is at 26.15. AVY is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 16.68, which indicates a correct valuation of AVY.
  • AVY's Price/Forward Earnings is on the same level as the industry average.
  • AVY's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.27.
Industry RankSector Rank
PE 17.93
Fwd PE 16.68
AVY Price Earnings VS Forward Price EarningsAVY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AVY is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, AVY is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 19.31
EV/EBITDA 11.61
AVY Per share dataAVY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • AVY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.4
PEG (5Y)2.96
EPS Next 2Y9.29%
EPS Next 3Y10.26%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. AVY Dividend Analysis

5.1 Amount

  • AVY has a Yearly Dividend Yield of 2.05%.
  • AVY's Dividend Yield is comparable with the industry average which is at 2.36.
  • AVY's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.05%

5.2 History

  • On average, the dividend of AVY grows each year by 12.68%, which is quite nice.
  • AVY has paid a dividend for at least 10 years, which is a reliable track record.
  • AVY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)12.68%
Div Incr Years14
Div Non Decr Years14
AVY Yearly Dividends per shareAVY Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 41.92% of the earnings are spent on dividend by AVY. This is a bit on the high side, but may be sustainable.
  • The dividend of AVY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP41.92%
EPS Next 2Y9.29%
EPS Next 3Y10.26%
AVY Yearly Income VS Free CF VS DividendAVY Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
AVY Dividend Payout.AVY Dividend Payout, showing the Payout Ratio.AVY Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

AVY Fundamentals: All Metrics, Ratios and Statistics

AVERY DENNISON CORP

NYSE:AVY (3/12/2026, 5:05:00 PM)

After market: 171.01 0 (0%)

171.01

-3.55 (-2.03%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)02-04
Earnings (Next)04-21
Inst Owners98.68%
Inst Owner Change-0.9%
Ins Owners0.64%
Ins Owner Change2.7%
Market Cap13.15B
Revenue(TTM)8.86B
Net Income(TTM)688.00M
Analysts80
Price Target212.74 (24.4%)
Short Float %2.78%
Short Ratio3.32
Dividend
Industry RankSector Rank
Dividend Yield 2.05%
Yearly Dividend3.68
Dividend Growth(5Y)12.68%
DP41.92%
Div Incr Years14
Div Non Decr Years14
Ex-Date03-04
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.01%
Min EPS beat(2)0.9%
Max EPS beat(2)1.13%
EPS beat(4)3
Avg EPS beat(4)0.08%
Min EPS beat(4)-1.77%
Max EPS beat(4)1.13%
EPS beat(8)5
Avg EPS beat(8)1.26%
EPS beat(12)7
Avg EPS beat(12)2.12%
EPS beat(16)9
Avg EPS beat(16)1.57%
Revenue beat(2)0
Avg Revenue beat(2)-1.39%
Min Revenue beat(2)-1.55%
Max Revenue beat(2)-1.23%
Revenue beat(4)0
Avg Revenue beat(4)-1.42%
Min Revenue beat(4)-1.96%
Max Revenue beat(4)-0.95%
Revenue beat(8)1
Avg Revenue beat(8)-1.02%
Revenue beat(12)1
Avg Revenue beat(12)-1.89%
Revenue beat(16)2
Avg Revenue beat(16)-1.82%
PT rev (1m)2.44%
PT rev (3m)4.39%
EPS NQ rev (1m)-0.22%
EPS NQ rev (3m)-1.25%
EPS NY rev (1m)-1.65%
EPS NY rev (3m)-3.06%
Revenue NQ rev (1m)0.57%
Revenue NQ rev (3m)0.4%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-0.29%
Valuation
Industry RankSector Rank
PE 17.93
Fwd PE 16.68
P/S 1.48
P/FCF 19.31
P/OCF 14.92
P/B 5.86
P/tB N/A
EV/EBITDA 11.61
EPS(TTM)9.54
EY5.58%
EPS(NY)10.25
Fwd EY6%
FCF(TTM)8.86
FCFY5.18%
OCF(TTM)11.46
OCFY6.7%
SpS115.19
BVpS29.16
TBVpS-11.16
PEG (NY)2.4
PEG (5Y)2.96
Graham Number79.12
Profitability
Industry RankSector Rank
ROA 7.82%
ROE 30.69%
ROCE 18.28%
ROIC 13.55%
ROICexc 14.13%
ROICexgc 29.79%
OM 12.69%
PM (TTM) 7.77%
GM 28.75%
FCFM 7.69%
ROA(3y)7.44%
ROA(5y)8.23%
ROE(3y)28.27%
ROE(5y)32.1%
ROIC(3y)13.82%
ROIC(5y)14.13%
ROICexc(3y)14.5%
ROICexc(5y)14.72%
ROICexgc(3y)32.22%
ROICexgc(5y)32.59%
ROCE(3y)18.63%
ROCE(5y)19.27%
ROICexgc growth 3Y-5.28%
ROICexgc growth 5Y3.39%
ROICexc growth 3Y-3.98%
ROICexc growth 5Y-2.8%
OM growth 3Y2.24%
OM growth 5Y0.5%
PM growth 3Y-2.47%
PM growth 5Y-0.52%
GM growth 3Y2.63%
GM growth 5Y0.83%
F-Score5
Asset Turnover1.01
Health
Industry RankSector Rank
Debt/Equity 1.43
Debt/FCF 5.48
Debt/EBITDA 2.21
Cap/Depr 61.06%
Cap/Sales 2.26%
Interest Coverage 8.56
Cash Conversion 60.7%
Profit Quality 98.98%
Current Ratio 1.13
Quick Ratio 0.76
Altman-Z 3.59
F-Score5
WACC8.13%
ROIC/WACC1.67
Cap/Depr(3y)77.8%
Cap/Depr(5y)89.51%
Cap/Sales(3y)2.8%
Cap/Sales(5y)2.99%
Profit Quality(3y)101.89%
Profit Quality(5y)99.57%
High Growth Momentum
Growth
EPS 1Y (TTM)1.27%
EPS 3Y1.4%
EPS 5Y6.06%
EPS Q2Q%2.94%
EPS Next Y7.48%
EPS Next 2Y9.29%
EPS Next 3Y10.26%
EPS Next 5Y8.97%
Revenue 1Y (TTM)1.14%
Revenue growth 3Y-0.68%
Revenue growth 5Y4.9%
Sales Q2Q%3.91%
Revenue Next Year4.1%
Revenue Next 2Y3.84%
Revenue Next 3Y3.97%
Revenue Next 5Y6.34%
EBIT growth 1Y0.75%
EBIT growth 3Y1.54%
EBIT growth 5Y5.43%
EBIT Next Year35.82%
EBIT Next 3Y15.43%
EBIT Next 5Y11.25%
FCF growth 1Y-2.58%
FCF growth 3Y0.92%
FCF growth 5Y5.03%
OCF growth 1Y-6.11%
OCF growth 3Y-2.84%
OCF growth 5Y3.25%

AVERY DENNISON CORP / AVY FAQ

What is the fundamental rating for AVY stock?

ChartMill assigns a fundamental rating of 6 / 10 to AVY.


Can you provide the valuation status for AVERY DENNISON CORP?

ChartMill assigns a valuation rating of 4 / 10 to AVERY DENNISON CORP (AVY). This can be considered as Fairly Valued.


Can you provide the profitability details for AVERY DENNISON CORP?

AVERY DENNISON CORP (AVY) has a profitability rating of 8 / 10.


What are the PE and PB ratios of AVERY DENNISON CORP (AVY) stock?

The Price/Earnings (PE) ratio for AVERY DENNISON CORP (AVY) is 17.93 and the Price/Book (PB) ratio is 5.86.


What is the expected EPS growth for AVERY DENNISON CORP (AVY) stock?

The Earnings per Share (EPS) of AVERY DENNISON CORP (AVY) is expected to grow by 7.48% in the next year.