AVY Stock Analysis: Avery Dennison | NYSE
Packaging & Containers | NYSE, USA | Market Cap: 12.885m USD | 12M Return: 6.7% | US0536111091 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 129M
EPS Trend: 89.8%
Qual. Beats: 1
Rev. Trend: 95.5%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company headquartered in Mentor, Ohio. Founded in 1935 and formerly known as Avery International Corporation, the company operates across North America, Europe, the Middle East, North Africa, Asia, and Latin America, serving industries that include home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive.
The company operates through three main business areas: (1) pressure-sensitive label materials and performance tapes sold under brands such as Fasson, JAC, and Avery Dennison; (2) graphics and reflective products, including cast and reflective films for construction, automotive, fleet transportation, and signage markets, marketed under the Avery Dennison and Mactac brands; and (3) branding and information solutions, which encompass item-level RFID, brand protection, price ticketing, and shelf-edge productivity solutions offered under the Vestcom brand. Pressure-sensitive adhesive materials represent a specialized segment of the broader packaging materials industry, where products must bond to surfaces with light pressure rather than heat or solvent activation.
Within the Materials sector and the Paper & Plastic Packaging Products & Materials sub-industry, Avery Dennison benefits from its exposure to structural growth trends in retail digitization, e-commerce logistics, and supply chain automation, where RFID-enabled labeling and digital identification technologies are increasingly replacing traditional bar code systems. The company has been publicly traded since 1983 and is classified as a large-cap stock.
- RFID intelligent labels drive double-digit Solutions Group revenue growth
- Raw material and resin cost volatility pressures Materials Group operating margins
- Sustainable packaging regulations boost label material demand across retail and logistics
| Net Income: 704.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 4.13 > 1.0 |
| NWC/Revenue: 4.28% < 20% (prev 1.39%; Δ 2.88% < -1%) |
| CFO/TA 0.13 > 3% & CFO 1.23b > Net Income 704.9m |
| Net Debt (3.45b) to EBITDA (1.45b): 2.38 < 3 |
| Current Ratio: 1.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (76.7m) vs 12m ago -2.04% < -2% |
| Gross Margin: 28.98% > 18% (prev 28.57%; Δ 0.41% > 0.5%) |
| Asset Turnover: 104.0% > 50% (prev 102.0%; Δ 2.04% > 0%) |
| Interest Coverage Ratio: 7.80 > 6 (EBIT TTM 1.11b / Interest Expense TTM 142.0m) |
| A: 0.04 (Total Current Assets 3.40b - Total Current Liabilities 3.00b) / Total Assets 9.21b |
| B: 0.63 (Retained Earnings 5.84b / Total Assets 9.21b) |
| C: 0.12 (EBIT TTM 1.11b / Avg Total Assets 8.89b) |
| D: 0.34 (Book Value of Equity 2.32b / Total Liabilities 6.89b) |
| Altman-Z'' = 3.54 = A |
| DSRI: 1.04 (Receivables 1.79b/1.63b, Revenue 9.25b/8.74b) |
| GMI: 0.99 (GM 28.57% / 28.98%) |
| AQI: 1.04 (AQ_t 0.46 / AQ_t-1 0.44) |
| SGI: 1.06 (Revenue 9.25b / 8.74b) |
| TATA: -0.06 (NI 704.9m - CFO 1.23b) / TA 9.21b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of October 12, 2026, the stock is trading at USD 167.82 with a total of 510,777 shares traded. Over the past week, the price has changed by -1.21%, over one month by -1.16%, over three months by +6.11% and over the past year by +6.74%.
Current recommended Stop Loss: 162.70 (which is 3.1% or 1.3 ATR below the current price).
Avery Dennison has received a consensus analysts rating of 4.45. Therefore, it is recommended to buy AVY.
- StrongBuy: 7
- Buy: 2
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 199.6 | 18.9% |
P/E Trailing = 18.6133
P/E Forward = 15.2905
P/S = 1.3932
P/B = 5.6149
P/EG = 1.7639
Revenue TTM = 9.25b USD
EBIT TTM = 1.11b USD
EBITDA TTM = 1.45b USD
Long Term Debt = 3.18b USD (from longTermDebt, last quarter)
Short Term Debt = 500.5m USD (from shortTermDebt, last quarter)
Debt = 3.68b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.45b USD (calculated: Debt 3.68b - CCE 227.3m)
Enterprise Value = 16.3b USD (12.9b + Debt 3.68b - CCE 227.3m)
Interest Coverage Ratio = 7.80 (Ebit TTM 1.11b / Interest Expense TTM 142.0m)
EV/FCF = 15.37x (Enterprise Value 16.3b / FCF TTM 1.06b)
FCF Yield = 6.51% (FCF TTM 1.06b / Enterprise Value 16.3b)
FCF Margin = 11.50% (FCF TTM 1.06b / Revenue TTM 9.25b)
Net Margin = 7.62% (Net Income TTM 704.9m / Revenue TTM 9.25b)
Gross Margin = 28.98% ((Revenue TTM 9.25b - Cost of Revenue TTM 6.57b) / Revenue TTM)
Gross Margin QoQ = 29.62% (prev 28.92%)
Tobins Q-Ratio = 1.77 (Enterprise Value 16.3b / Total Assets 9.21b)
Interest Expense / Debt = 3.86% (Interest Expense 142.0m / Debt 3.68b)
Taxrate = 27.01% (260.8m / 965.7m)
NOPAT = 808.6m (EBIT 1.11b * (1 - 27.01%))
Current Ratio = 1.13 (Total Current Assets 3.40b / Total Current Liabilities 3.00b)
Debt / Equity = 1.58 (Debt 3.68b / totalStockholderEquity, last quarter 2.32b)
Debt / EBITDA = 2.38 (Net Debt 3.45b / EBITDA 1.45b)
Debt / FCF = 3.25 (Net Debt 3.45b / FCF TTM 1.06b)
Total Stockholder Equity = 2.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.93% (Net Income 704.9m / Total Assets 9.21b)
RoE = 31.07% (Net Income TTM 704.9m / Total Stockholder Equity 2.27b)
RoCE = 20.34% (EBIT 1.11b / Capital Employed (Equity 2.27b + L.T.Debt 3.18b))
RoIC = 12.48% (NOPAT 808.6m / Invested Capital 6.48b)
WACC = 6.50% (E(12.9b)/V(16.6b) * Re(7.55%) + D(3.68b)/V(16.6b) * Rd(3.86%) * (1-Tc(0.27)))
Discount Rate = 7.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.01 | Cagr: -2.40%
[DCF] Terminal Value 77.97% ; FCFF base≈892.0m ; Y1≈1.02b ; Y5≈1.50b
[DCF] Fair Price = 250.9 (EV 22.6b - Net Debt 3.45b = Equity 19.2b / Shares 76.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 89.84 | EPS CAGR: 9.69% | SUE: 4.0 | # QB: 1
Revenue Correlation: 95.53 | Revenue CAGR: 3.31% | SUE: 4.0 | # QB: 2
EPS current Quarter (2026-09-30): EPS=2.33 | Chg30d=-0.20% | Revisions=-77% | Analysts=10
EPS current Year (2026-12-31): EPS=10.18 | Chg30d=+0.10% | Revisions=+25% | GrowthEPS=+6.9% | GrowthRev=+5.5%
EPS next Year (2027-12-31): EPS=11.19 | Chg30d=-0.01% | Revisions=+55% | GrowthEPS=+9.8% | GrowthRev=+3.2%
[Analyst] Revisions Ratio: -14% (up=8, down=11)