Avery Dennison Corporation
AVY
NYSE192.36
Avery Dennison Corporation
NYSE:AVY
RECENT
PRICE
192.36
P/E
RATIO
21.05
(PEG:0.62)
P/E RATIO
RELATIVE
TO S&P
1.05
DIV
YLD
1.60%
High:
Low:
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Legends
Stock price
0.97 Beta (1.0 Market)
0
0
0
0
0
0
0
0
0
% total return 11/22:
Stock
S&P
1y.
0
0
3y.
0
0
5y.
0
0
0
Percent shares traded:
0
0
0
2006
2007
2008
2010
2011
2011
2012
2013
2015
2016
2016
2017
2018
2019
2021
2021
TTM
Fiscal year
55.87
3.68
3.16
1.72
64.30
3.09
2.49
1.75
68.20
2.70
3.54
1.78
57.74
(7.24)
4.52
1.31
61.80
3.01
3.59
0.84
56.43
1.78
2.73
1.00
60.41
2.16
3.60
1.10
63.84
2.24
1.44
1.16
69.98
2.75
2.20
1.38
66.32
3.05
3.58
1.48
68.92
3.63
4.29
1.61
75.15
3.20
4.82
1.77
84.50
5.52
2.38
2.07
84.81
3.64
5.87
2.28
83.84
6.69
6.41
2.37
101.12
8.90
9.32
2.65
112.19
9.94
7.13
2.86
Revenue per share
Earnings per share
Free Cash Flow per sh
Dividends per share
1.96
16.84
2.60
20.28
1.95
17.78
1.00
13.22
1.03
15.62
1.23
15.53
1.54
15.82
1.89
15.51
1.93
11.79
1.68
10.73
2.34
10.48
2.57
11.89
3.03
11.27
3.09
14.44
2.63
17.86
3.27
23.14
3.84
23.79
CAPEX per share
Book Value per share
100
98
98
103
105
107
100
96
90
90
88
88
85
83
83
83
82
Comm.Shares outs.(m)
16.5
0.9
2.8%
19.9
1.1
2.8%
16.3
0.8
4.0%
(5.0)
(0.2)
3.6%
11.5
0.7
2.4%
19.5
1.2
2.9%
14.1
1.0
3.6%
19.4
1.1
2.7%
21.3
1.1
2.4%
23.5
1.1
2.1%
19.7
0.9
2.3%
28.4
1.2
1.9%
19.2
0.8
2.0%
31.1
1.3
2.0%
30.0
1.0
1.2%
22.6
0.8
1.3%
21.1
1.0
1.6%
Avg. annual P/E ratio
P/E relative to S&P500
Avg. annual div. yield
Capital Structure (1/10/22 | Q3)
Total liabilities
$5,195 m.
Total assets
$7,202 m.
Long-term debt
$2,463 m.
Cash and equiv.
$128 m.
Goodwill $1,825 m.
Retained earnings $4,347 m.
Common stock 82 m. shares
Market Capitalisation
$15,575 m. (as of 26/11/22)
6,026
5.8%
6,036
6.6%
6,140
7.5%
6,330
7.8%
5,967
9.0%
6,087
9.9%
6,614
10.4%
7,159
11.0%
7,070
11.7%
6,972
12.4%
8,408
12.7%
9,197
15.9%
Revenue (m)
Operating margin
247
190
221
215
205
216
202
249
188
274
180
321
179
282
181
467
179
304
205
556
244
740
205
817
Depreciation (m)
Net profit (m)
33.7%
3.2%
33.8%
3.6%
32.7%
3.5%
31.1%
3.9%
32.9%
4.6%
32.8%
5.3%
52.2%
4.3%
15.4%
6.5%
(22.7)%
4.3%
24.1%
8.0%
25.0%
8.8%
23.9%
8.9%
Income tax rate
Net profit margin
572
954
1,659
337
702
1,581
538
951
1,492
324
945
1,067
316
964
966
(100)
713
926
266
1,316
1,046
304
1,772
955
87
1,499
1,204
490
2,052
1,485
187
2,786
1,924
23
2,463
2,007
Working capital (m)
Long-term debt (m)
Equity (m)
6.8%
6.8%
11.5%
8.2%
7.3%
13.6%
8.7%
8.5%
14.5%
10.6%
9.8%
23.3%
11.8%
11.4%
28.4%
15.1%
12.2%
34.7%
9.9%
12.7%
26.9%
16.2%
11.8%
48.9%
12.2%
5.9%
25.2%
14.7%
13.2%
37.4%
14.6%
13.3%
38.5%
20.6%
16.0%
40.7%
ROIC
Return on capital
Return on equity
Working Capital
2019
2021
2021
Cash assets
254
252
163
Receivables
1,212
1,235
1,425
Inventory
663
717
907
Other
212
212
240
Current assets
2,341
2,416
2,735
Acc. Payable
1,066
1,051
1,299
Debt due
440
65
319
Other
748
810
930
Current liab.
2,254
1,926
2,548
44.0%
41.1%
48.7%
96.2%
48.1%
285.1%
49.7%
241.3%
51.5%
113.4%
55.6%
106.9%
44.8%
67.3%
62.6%
282.1%
37.5%
87.3%
64.6%
56.5%
70.2%
51.8%
71.3%
95.5%
Plowback ratio
Div.&Repurch. to FCF
Avery Dennison Corporation (US) started trading on June 2, 1967 (cik: 0000008818), operates in the Industrials sector (Business Equipment & Supplies industry), has 35,570 full-time employees, and is led by Mr. Mitchell Butier. Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products in the United States, Europe, Asia, Latin America, and internationally. The company's Label and Graphic Materials segment offers pressure-sensitive label and packaging materials under the Fasson, JAC, and Avery Dennison brands; graphics products under the Avery Dennison and Mactac brands; and reflective products under the Avery Dennison brand. This segment provides its products to the home and personal care, beer and beverage, durables, pharmaceutical, wine and spirits, and food market segments; architectural, commercial sign, digital printing, and other related market segments; construction, automotive, and fleet transportation market segments; traffic and safety applications; and sign shops, commercial printers, and designers. The company's Retail Branding and Information Solutions segment offers brand embellishments, graphic tickets, tags and labels, and sustainable packaging solutions, as well as creative services; radio-frequency identification, visibility and loss prevention, brand protection and security, shelf-edge, and price ticketing and marking solutions; and care, content, and country of origin compliance solutions. It serves retailers, brand owners, apparel manufacturers, distributors, and industrial customers. The company's Industrial and Healthcare Materials segment provides tapes and other pressure-sensitive adhesive-based materials and converted products, mechanical fasteners, and performance polymers under the Fasson and Avery Dennison brands; and tapes under the Yongle brand for wire harnessing and cable wrapping. It serves automotive, electronics, building and construction, electrical, general industrial, personal care, and medical markets. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.
Annual rates
(avg rate of change)
Past
5 y.
Past
10 y.
Revenues
6.55%
4.00%
Cash flow
36.21%
24.26%
Earnings
36.76%
19.73%
Dividends
9.19%
8.06%
Book value
17.57%
3.95%
Insider trading
Type
Shares
Date
Sullivan Martha N.
Exempt
824
11/08/22
Sullivan Martha N.
Sale
824
11/08/22
Sullivan Martha N.
Exempt
824
11/08/22
Wagner William Raymond
Award
510
10/27/22
Anderson Anthony
Sale
2,800
09/14/22
Fiscal Year Ends
Quarterly Revenue (m)
Full fiscal year
I
II
III
IV
2020
1,723
1,529
1,729
1,991
6,972
2021
2,051
2,102
2,072
2,183
8,408
2022
2,349
2,347
2,317
- -
- -
Fiscal Year Ends
Earnings per share
Full fiscal year
I
II
III
IV
2020
1.61
0.96
1.80
2.32
6.69
2021
2.52
2.21
1.97
2.20
8.90
2022
2.42
2.64
2.70
- -
- -
Fiscal Year Ends
Quarterly dividends paid
Full fiscal year
I
II
III
IV
2020
0.58
0.58
0.58
0.62
2.37
2021
0.62
0.68
0.68
0.68
2.65
2022
0.69
0.75
0.74
- -
- -