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AVY

S&P 500
Neutral · 50/100

Avery Dennison

Materials
Paper & Plastic Packaging Products & Materials

$157.48

0.8%

Updated Today 7:15 PM ET

Price — Past Year

▼ Down 8.8% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$12.14B

P/E

17.64x

Forward P/E (est.)

17.28x

ROE

30.8%

Revenue Growth

2.9%

EPS Growth

2.1%

Profit Margin

7.7%

FCF Yield

5.9%

Debt / Equity

1.66x

ROIC

Interest Coverage

Current Ratio

1.15x

Dividend Yield

2.5%

Implied Growth (rev. DCF)

3.0%

Rating Score

50/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what AVY's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. AVY trades near $157.48, below its 50-day average ($162.41) and 200-day average ($172.66). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 48 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. AVY's is $3.92 (~2.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month AVY found buyers near $152.42 (support) and sellers near $163.78 (resistance); its 52-week range is $152.42–$199.54. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.1× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Avery Dennison (AVY) is a large-cap company in the Paper & Plastic Packaging Products & Materials industry, part of the Materials sector of the S&P 500, with a market value around $12.14B.

In its latest reported year it generated about $8.86B in revenue and $688.00M in net profit.

Our model rates AVY Neutral (50/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

6.2%

Revenue moved from $6.97B in 2021 to $8.86B in 2025, a 6.2% compound annual growth rate. The most recent year was roughly flat (2.9%) year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

28.8%

Operating Margin

10.3%

Net Margin

7.8%

ROE

30.8%

Avery Dennison keeps about 7.7% of each sales dollar as net profit, with a 28.8% gross margin and 10.3% operating margin. Return on equity is 30.8%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$3.20B

Net Debt

$2.94B

Net Debt / EBITDA

Debt / Equity

1.66x

Leverage: debt-to-equity is 1.7x, with a current ratio of 1.1x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $3.20B of total debt against $255.10M of cash.

Cash Flow Analysis
Research

Operating CF

$881.40M

Free Cash Flow

$712.40M

FCF Margin

8.0%

In the latest year Avery Dennison produced about $881.40M of operating cash flow and $712.40M of free cash flow after capital spending. That is a free-cash-flow yield of about 5.9% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

17.64x

P/S

1.4x

P/B

6.14x

EV / EBITDA

AVY trades at 17.6x trailing earnings (about 17.3x on estimated forward earnings), 1.4x sales, and 6.1x book value. Reverse-engineering today's price implies the market expects roughly 3.0% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
17.6xCheap
Forward P/E
17.3xFair
P/S ratio
1.4xCheap
Revenue growth
2.9%Weak
EPS growth
2.1%Weak
Gross margin
28.8%Weak
Net margin
7.7%Weak
ROE
30.8%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How AVY stacks up against its Materials peers — valuation, profitability, and growth versus the sector median.

In the Materials sector (26 S&P 500 companies), AVY ranks #13 of 26 by our overall rating. It trades at a discount versus the sector on earnings (17.6x P/E vs. 27.7x median) with a higher return on equity (30.8% vs. 14.1%) and slower revenue growth (2.9% vs. 4.9%).

P/E vs sector

17.6x

median 27.7x

ROE vs sector

30.8%

median 14.1%

Growth vs sector

2.9%

median 4.9%

Sector rank

#13

of 26 by rating

CompanyP/ERev Gr.Rating
AVYThis stock17.6x2.9%Neutral· 50
AMCR27.8x64.8%Neutral· 52
IP-5.8%Weak· 26
PKG27.7x7.9%Neutral· 43
SW61.4x-20.7%Weak· 12
BALL16.3x13.7%Favorable· 62
CF9.1x20.9%Strong· 84
ALB7.9%Weak· 40
Materials median27.7x4.9%50/100

Valuation vs. quality map

sector medianAMCRPKGSWBALLCFAVYP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Materials companies by sub-industry and size. Sector median is across all 26 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$118.11$193.27

vs. $157.48 today · expected CAGR -6%4%

Metric20262027202820292030
Revenue$9.12B$9.39B$9.68B$9.97B$10.27B
Net income$729.69M$751.58M$774.13M$797.36M$821.28M
EPS$9.54$9.83$10.12$10.42$10.74
Share price (low)$104.94$108.08$111.33$114.67$118.11
Share price (high)$171.71$176.87$182.17$187.64$193.27
CAGR (low–high)-33% / 9%-17% / 6%-11% / 5%-8% / 4%-6% / 4%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for AVY:

  • Strong return on equity (30.8%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~5.9%) funds buybacks and dividends.
  • Pays a 2.5% dividend on top of any price gains.
Bear Case

The case against AVY:

  • Revenue growth is slow (2.9%), limiting the upside engine.
  • Elevated leverage (debt/equity 1.7x) adds financial risk.
Key Risks
Research

Balance-sheet risk — debt/equity of 1.7x magnifies the impact of higher rates or weaker earnings.

Growth risk — sluggish revenue (2.9%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the picture is mixed: Avery Dennison is a large-cap materials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 17.6x earnings, which our model scores Neutral (50/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.