Avery Dennison Corp AVY
Containers/Packaging · data as of November 13, 2026
Avery Dennison Corp (AVY) is a consumer discretionary company listed in the US with a market value of about $14.2B. In the twelve months to September 30, 2026 it had revenue of $9.4B and net income of $708M, a net margin of 7.6%.
Its overall Stock Analiz score is 2.6 out of 5 (average). The strongest part is shareholder returns (5/5); the weakest is future growth (1/5).
Key numbers: a P/E of 20.3, a price to free cash flow of 13.7, 5-year revenue growth of 5% a year, a 5-year average ROIC of 14%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 10% below the current price.
Score: 2.6 / 5
Checks passed
- P/E below 25
- P/FCF below 20
- Profit margin improving
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
- Positive free cash flow
- Interest covered more than 5 times
Checks not passed
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.4B | $8.9B | $8.8B | $8.4B | $9.0B | $8.4B | $7.0B | $7.1B | $7.2B | $6.6B | $6.1B |
| Net income | $708M | $688M | $705M | $503M | $757M | $740M | $556M | $304M | $467M | $282M | $321M |
| Free cash flow | $1.0B | $712M | $730M | $561M | $683M | $792M | $550M | $527M | $231M | $455M | $405M |
| EPS (diluted) | $9.24 | $8.79 | $8.73 | $6.20 | $9.21 | $8.83 | $6.61 | $3.57 | $5.28 | $3.13 | $3.54 |
| Net margin | 7.6% | 7.8% | 8.1% | 6.0% | 8.4% | 8.8% | 8.0% | 4.3% | 6.5% | 4.3% | 5.3% |
| ROIC | — | 12.7% | 13.9% | 10.6% | 15.5% | 15.3% | 16.3% | 7.8% | 17.8% | 19.7% | 19.1% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 10 analysts is $203.30, 8% above the current price; targets range from $182.00 to $230.00; the consensus rating is “Buy”; expected EPS is $10.19 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Avery Dennison’s P/E ratio?
About 20.3, based on the last twelve months of diluted earnings per share (forward P/E about 17.8).
Is Avery Dennison stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 10% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Avery Dennison pay a dividend?
Yes. The dividend yield is about 2.13%, and it has paid dividends for 10 years in our data.
Is Avery Dennison a good stock to buy?
We do not give buy or sell advice. Avery Dennison scores 2.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.