Avery Dennison Statistics
Total Valuation
Avery Dennison has a market cap or net worth of $18.21 billion. The enterprise value is $21.30 billion.
| Market Cap | 18.21B |
| Enterprise Value | 21.30B |
Important Dates
The last earnings date was Wednesday, April 24, 2024, before market open.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | Jun 5, 2024 |
Share Statistics
Avery Dennison has 80.55 million shares outstanding. The number of shares has decreased by -0.61% in one year.
| Shares Outstanding | 80.55M |
| Shares Change (YoY) | -0.61% |
| Shares Change (QoQ) | +0.25% |
| Owned by Insiders (%) | 0.77% |
| Owned by Institutions (%) | 93.28% |
| Float | 79.80M |
Valuation Ratios
The trailing PE ratio is 33.05 and the forward PE ratio is 23.29. Avery Dennison's PEG ratio is 2.28.
| PE Ratio | 33.05 |
| Forward PE | 23.29 |
| PS Ratio | 2.16 |
| Forward PS | 2.04 |
| PB Ratio | 8.28 |
| P/FCF Ratio | 27.07 |
| PEG Ratio | 2.28 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.97, with an EV/FCF ratio of 31.61.
| EV / Earnings | 38.43 |
| EV / Sales | 2.52 |
| EV / EBITDA | 17.97 |
| EV / EBIT | 24.15 |
| EV / FCF | 31.61 |
Financial Position
The company has a current ratio of 0.87, with a Debt / Equity ratio of 1.47.
| Current Ratio | 0.87 |
| Quick Ratio | 0.50 |
| Debt / Equity | 1.47 |
| Debt / EBITDA | 2.73 |
| Debt / FCF | 4.81 |
| Interest Coverage | 7.28 |
Financial Efficiency
Return on equity (ROE) is 26.40% and return on invested capital (ROIC) is 13.69%.
| Return on Equity (ROE) | 26.40% |
| Return on Assets (ROA) | 6.70% |
| Return on Capital (ROIC) | 13.69% |
| Revenue Per Employee | $241,446 |
| Profits Per Employee | $15,834 |
| Employee Count | 35,000 |
| Asset Turnover | 1.03 |
| Inventory Turnover | 6.01 |
Taxes
In the past 12 months, Avery Dennison has paid $206.60 million in taxes.
| Income Tax | 206.60M |
| Effective Tax Rate | 27.16% |
Stock Price Statistics
The stock price has increased by +32.66% in the last 52 weeks. The beta is 0.92, so Avery Dennison's price volatility has been similar to the market average.
| Beta (1Y) | 0.92 |
| 52-Week Price Change | +32.66% |
| 50-Day Moving Average | 218.42 |
| 200-Day Moving Average | 198.05 |
| Relative Strength Index (RSI) | 65.37 |
| Average Volume (30 Days) | 428,995 |
Short Selling Information
The latest short interest is 1.18 million, so 1.47% of the outstanding shares have been sold short.
| Short Interest | 1.18M |
| Short Previous Month | 1.30M |
| Short % of Shares Out | 1.47% |
| Short % of Float | 1.48% |
| Short Ratio (days to cover) | 2.59 |
Income Statement
In the last 12 months, Avery Dennison had revenue of $8.45 billion and earned $554.20 million in profits. Earnings per share was $6.85.
| Revenue | 8.45B |
| Gross Profit | 2.37B |
| Operating Income | 1.02B |
| Pretax Income | 760.80M |
| Net Income | 554.20M |
| EBITDA | 1.19B |
| EBIT | 882.00M |
| Earnings Per Share (EPS) | $6.85 |
Balance Sheet
The company has $185.70 million in cash and $3.24 billion in debt, giving a net cash position of -$3.05 billion or -$37.92 per share.
| Cash & Cash Equivalents | 185.70M |
| Total Debt | 3.24B |
| Net Cash | -3.05B |
| Net Cash Per Share | -$37.92 |
| Equity / Book Value | 2.20B |
| Book Value Per Share | 27.36 |
| Working Capital | -421.40M |
Cash Flow
In the last 12 months, operating cash flow was $943.90 million and capital expenditures -$270.10 million, giving a free cash flow of $673.80 million.
| Operating Cash Flow | 943.90M |
| Capital Expenditures | -270.10M |
| Free Cash Flow | 673.80M |
| FCF Per Share | $8.37 |
Margins
Gross margin is 28.01%, with operating and profit margins of 12.10% and 6.56%.
| Gross Margin | 28.01% |
| Operating Margin | 12.10% |
| Pretax Margin | 9.00% |
| Profit Margin | 6.56% |
| EBITDA Margin | 14.03% |
| EBIT Margin | 10.44% |
| FCF Margin | 7.97% |
Dividends & Yields
This stock pays an annual dividend of $3.52, which amounts to a dividend yield of 1.56%.
| Dividend Per Share | $3.52 |
| Dividend Yield | 1.56% |
| Dividend Growth (YoY) | 8.17% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 51.39% |
| Buyback Yield | 0.61% |
| Shareholder Yield | 2.17% |
| Earnings Yield | 3.04% |
| FCF Yield | 3.69% |
Analyst Forecast
The average price target for Avery Dennison is $217.58, which is -3.75% lower than the current price. The consensus rating is "Buy".
| Price Target | $217.58 |
| Price Target Difference | -3.75% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 4.83% |
| EPS Growth Forecast (5Y) | 15.52% |
Stock Splits
The last stock split was on December 23, 1996. It was a forward split with a ratio of 2:1.
| Last Split Date | Dec 23, 1996 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Avery Dennison has an Altman Z-Score of 3.94 and a Piotroski F-Score of 7.
| Altman Z-Score | 3.94 |
| Piotroski F-Score | 7 |