Grufity logoGrufity logo

AVY

193.05USD+2.07(+1.08%)Delayedas of 07 Dec 2022, 02:52 pm

Avery Dennison Corp

Market Summary

USD193.05+2.07Delayedas of 07 Dec 2022, 02:52 pm
1.08%

AVY Alerts

AVY Stock Price

RSI Chart

Valuation

Market Cap

13.9B

Price/Earnings

18.36

Price/Sales

1.56

Price/Cashflow

14.46

MarketCap/EBT

13.59

Price/Sales

Profitability

EBT Margin

11.46%

Return on Equity

39.21%

Return on Assets

9.39%

Fundamentals

Revenue

Revenue (TTM)

9.2B

Revenue Y/Y

11.84%

Revenue Q/Q

-1.27%

Earnings

Earnings (TTM)

816.9M

Earnings Y/Y

34.98%

Earnings Q/Q

3.26%

Price Action

52 Week Range

151.62217.62
(Low)(High)

Last 7 days

1.4%

Last 30 days

9.4%

Last 90 days

1.2%

Trailing 12 Months

-8.7%

Financial Health

Current Ratio

0.98

Debt/Equity

1.29

Debt/Cashflow

0.39

Investor Care

Dividend Yield

1.63%

Dividend/Share (TTM)

2.79

Buy Backs (1Y)

2.07%

Peers (Alternatives to Avery Dennison)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
17.5B
14.8B
9.99% 9.28%
21.73
1.2
12.53% -11.45%
15.2B
21.1B
9.55% -19.19%
7.87
0.72
12.81% 7.29%
13.9B
9.2B
9.41% -8.75%
18.36
1.56
11.94% 9.08%
11.3B
8.5B
8.30% 2.42%
11.06
1.34
15.42% 38.33%
MID-CAP
8.7B
21.3B
6.11% -17.91%
9.43
0.42
13.39% 12.68%
7.1B
9.0B
-0.13% 12.52%
17.48
0.78
32.58% 76.70%
6.9B
5.8B
21.40% -16.47%
12.57
1.2
7.94% 23.52%
6.6B
3.3B
8.33% -9.73%
27.83
1.98
5.62% -0.96%
6.3B
7.0B
5.70% 4.09%
14.94
0.97
26.89% 367.69%
6.0B
14.5B
28.46% -13.09%
7.93
0.41
4.66% 4.50%
2.4B
999.6M
1.27% 44.25%
215.4
2.37
3.34% -90.08%
SMALL-CAP
1.8B
1.1B
1.57% 27.74%
12.39
1.64
17.45% 247.74%
727.8M
886.3M
10.13% 19.14%
13.45
0.82
26.73% 84.79%
699.9M
318.9M
8.98% 77.82%
33.66
2.57
63.43% 117.03%
6.9M
124.0M
-8.51% -75.85%
2.38
0.05
-16.37% 89.55%

Financials for Avery Dennison

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.7%9,1978,9518,7068,4088,216
Gross Profit2.7%2,4892,4242,3572,3132,299
  S&GA Expenses2.6%1,3511,3171,2911,2491,218
Earnings Before Taxes4.7%1,0741,0269939931,004
Net Income7.6%817760729740749
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.6%8,0428,0928,1397,9727,968
  Current Assets0.4%2,9622,9492,8942,7352,779
    Cash Equivalents-22.2%128165147163207
  Inventory2.5%1,014990961907879
  Net PPE-0.6%1,4431,4511,4781,4781,406
  Goodwill-1.7%1,8251,8561,8901,8821,897
  Current Liabilities-2.0%2,9393,0012,7232,5482,609
Shareholder's Equity3.6%2,0071,9371,9331,9241,799
  Retained Earnings3.9%4,3474,1824,0233,8813,750
  Additional Paid-In Capital1.2%867856845862855
Shares Outstanding-0.3%8181828383
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-6.8%8999649641,0471,072
  Share Based Compensation4.7%4543383739
Cashflow From Investing79.6%-362.20-1,771.60-1,773.30-1,737.90-1,797.00
Cashflow From Financing-195.6%-606.30634629604642
  Dividend Payments2.0%235230225221216
  Buy Backs5.3%374355277181178

Risks

What is the probability of a big loss on AVY?

54.2%


Probability that Avery Dennison stock will be more than 20% underwater in next one year

26.5%


Probability that Avery Dennison stock will be more than 30% underwater in next one year.

0%


Probability that Avery Dennison stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AVY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Avery Dennison was unfortunately bought at previous high price.

Returns

Cumulative Returns on AVY

21.4%


10-Year Cumulative Returns

18.9%


7-Year Cumulative Returns

13.0%


5-Year Cumulative Returns

15.2%


3-Year Cumulative Returns

What are the long-term rolling returns for AVY?

FIve years rolling returns for Avery Dennison.

Which funds bought or sold AVY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
33
33,000
0.02%
2022-11-23
Toroso Investments, LLC
ADDED
14.51
39,000
293,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
12,014,000
12,014,000
0.14%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-
55,000
0.01%
2022-11-21
FourThought Financial, LLC
ADDED
145.24
10,000
17,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.64
-256,000
22,227,000
0.04%
2022-11-18
Industrial Alliance Investment Management Inc.
NEW
-
181,000
181,000
-%
2022-11-18
National Pension Service
REDUCED
-1.55
-102,000
20,358,000
0.04%
2022-11-17
CENTRAL TRUST Co
ADDED
29.05
58,000
253,000
0.01%
2022-11-17
M&T Bank Corp
REDUCED
-17.06
7,653,000
16,124,000
0.07%

1–10 of 47

Latest Funds Activity

Are funds buying AVY calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own AVY

Avery Dennison News

Simply Wall St

An Intrinsic Calculation For Avery Dennison Corporation (NYSE:AVY) Suggests It's 44% Undervalued.33 hours ago

AVY Fair Value

Avery Dennison fair value in different scenarios

The table shows the Fair Value estimates for Avery Dennison for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

125.70

-34.89%

181.41

-6.03%

221.51

14.74%

295.01

52.82%

391.40

102.75%

Current Inflation

114.82

-40.52%

161.65

-16.27%

194.22

0.61%

256.21

32.72%

336.56

74.34%

Very High Inflation

101.44

-47.45%

138.21

-28.41%

162.53

-15.81%

211.57

9.59%

274.12

41.99%

Historical Avery Dennison Fair Value Estimates


Recent SEC filings of Avery Dennison

View All Filings
Date Filed Form Type Document
Nov 09, 2022
4
Insider Trading
Nov 01, 2022
S-8
Employee Benefits Plan
Nov 01, 2022
10-Q
Quarterly Report
Oct 31, 2022
8-K
Current Report
Oct 31, 2022
4
Insider Trading
Oct 31, 2022
3
Insider Trading
Oct 26, 2022
8-K
Current Report
Sep 15, 2022
4
Insider Trading
Sep 02, 2022
4
Insider Trading

Latest Insider Trading transactions for AVY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-08
Sullivan Martha N.
SOLD
-146,672
178
-824
-
2022-11-08
Sullivan Martha N.
ACQUIRED
33,231.9
40.33
824
-
2022-09-14
Anderson Anthony
SOLD
-500,699
178.821
-2,800
-
2022-09-01
Walker Ignacio J
SOLD (Taxes)
-62,907.5
183.94
-342
SVP and Chief Legal Officer
2022-09-01
Walker Ignacio J
ACQUIRED
159,476
183.94
867
SVP and Chief Legal Officer
2022-05-01
STEWART JULIA A
ACQUIRED
144,778
182.8
792
-
2022-05-01
Sullivan Martha N.
ACQUIRED
144,778
182.8
792
-
2022-05-01
Siewert Patrick
SOLD (Taxes)
-43,506.4
182.8
-238
-
2022-05-01
Alford Bradley A
ACQUIRED
144,778
182.8
792
-
2022-05-01
Siewert Patrick
ACQUIRED
144,778
182.8
792
-

1–10 of 50

Mitchell R. Butier
36000
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; and graphics and reflective products under the Fasson, JAC, Avery Dennison, and Mactac brands, as well as durable cast and reflective films. It 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, as well as traffic and safety applications; and sign shops, commercial printers, and designers. The company's Retail Branding and Information Solutions segment designs, manufactures, and sells brand embellishments, graphic tickets, tags and labels, and sustainable packaging solutions, as well as offers creative services; radio-frequency identification products; visibility and loss prevention solutions; price ticketing and marking solutions; care, content, and country of origin compliance solutions; and brand protection and security solutions. It serves retailers, brand owners, apparel manufacturers, distributors, and industrial customers. The company's Industrial and Healthcare Materials segment offers tapes; pressure-sensitive adhesive based materials and converted products; medical fasteners; and performance polymers under the Fasson, Avery Dennison, and Yongle brands. It serves automotive, electronics, building and construction, 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 Glendale, California.

AVY Income Statement

2022-10-01
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Income Statement [Abstract]    
Net sales$ 2,317.1$ 2,071.8$ 7,013.4$ 6,225.1
Cost of products sold1,697.91,517.45,109.44,497.4
Gross profit619.2554.41,904.01,727.7
Marketing, general and administrative expense330.8296.91,018.5916.2
Other expense (income), net(3.9)16.0(2.1)16.3
Interest expense21.218.061.650.2
Other non-operating expense (income), net(1.4)(0.9)(4.1)(3.6)
Income before taxes272.5224.4830.1748.6
Provision for income taxes51.059.2195.9187.7
Equity method investment (losses) gains0.0(1.1)0.0(3.5)
Net income$ 221.5$ 164.1$ 634.2$ 557.4
Earnings Per Share [Abstract]    
Net income per common share (in dollars per share)$ 2.73$ 1.98$ 7.75$ 6.72
Net income per common share, assuming dilution (in dollars per share)$ 2.70$ 1.96$ 7.70$ 6.64
Weighted average number of shares outstanding:    
Common shares (in shares)81.282.981.883.0
Common shares, assuming dilution (in shares)81.983.782.483.9

AVY Balance Sheet

2022-10-01
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 01, 2022
Jan. 01, 2022
Current assets:  
Cash and cash equivalents$ 128.2$ 162.7
Trade accounts receivable, less allowances of $32.7 and $33 at October 1, 2022 and January 1, 2022, respectively1,585.61,424.5
Inventories1,014.4907.2
Other current assets233.6240.2
Total current assets2,961.82,734.6
Property, plant and equipment, net1,442.61,477.7
Goodwill1,824.81,881.5
Other intangibles resulting from business acquisitions, net855.1911.4
Deferred tax assets118.1130.2
Other assets839.9836.2
Total Assets8,042.37,971.6
Current liabilities:  
Short-term borrowings and current portion of long-term debt and finance leases669.9318.8
Accounts payable1,383.11,298.8
Accrued payroll and employee benefits236.7299.0
Other current liabilities649.6631.3
Total current liabilities2,939.32,547.9
Long-term debt and finance leases2,462.92,785.9
Long-term retirement benefits and other liabilities414.6474.9
Deferred tax liabilities and income taxes payable218.2238.5
Commitments and contingencies (see Note 11)
Shareholders’ equity:  
Common stock, $1 par value per share, authorized – 400,000,000 shares at October 1, 2022 and January 1, 2022; issued – 124,126,624 shares at October 1, 2022 and January 1, 2022; outstanding – 81,120,940 shares and 82,605,953 shares at October 1, 2022 and January 1, 2022, respectively124.1124.1
Capital in excess of par value866.5862.3
Retained earnings4,347.03,880.7
Treasury stock at cost, 43,005,684 shares and 41,520,671 shares at October 1, 2022 and January 1, 2022, respectively(2,962.3)(2,659.8)
Accumulated other comprehensive loss(368.0)(282.9)
Total shareholders’ equity2,007.31,924.4
Liabilities and Shareholders’ Equity$ 8,042.3$ 7,971.6