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Avery Dennison (FRA:AV3) EV-to-EBIT : 23.90 (As of May. 05, 2024)


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What is Avery Dennison EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Avery Dennison's Enterprise Value is €19,480 Mil. Avery Dennison's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €815 Mil. Therefore, Avery Dennison's EV-to-EBIT for today is 23.90.

The historical rank and industry rank for Avery Dennison's EV-to-EBIT or its related term are showing as below:

FRA:AV3' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.45   Med: 16.4   Max: 66.38
Current: 23.7

During the past 13 years, the highest EV-to-EBIT of Avery Dennison was 66.38. The lowest was 11.45. And the median was 16.40.

FRA:AV3's EV-to-EBIT is ranked worse than
72.04% of 329 companies
in the Packaging & Containers industry
Industry Median: 13.41 vs FRA:AV3: 23.70

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Avery Dennison's Enterprise Value for the quarter that ended in Mar. 2024 was €19,413 Mil. Avery Dennison's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €815 Mil. Avery Dennison's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.20%.


Avery Dennison EV-to-EBIT Historical Data

The historical data trend for Avery Dennison's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avery Dennison EV-to-EBIT Chart

Avery Dennison Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.71 18.29 19.60 16.21 23.72

Avery Dennison Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.87 20.16 23.02 23.72 23.86

Competitive Comparison of Avery Dennison's EV-to-EBIT

For the Packaging & Containers subindustry, Avery Dennison's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avery Dennison's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Avery Dennison's EV-to-EBIT falls into.



Avery Dennison EV-to-EBIT Calculation

Avery Dennison's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=19480.027/814.927
=23.90

Avery Dennison's current Enterprise Value is €19,480 Mil.
Avery Dennison's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €815 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Avery Dennison  (FRA:AV3) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Avery Dennison's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=814.927/19413.3266
=4.20 %

Avery Dennison's Enterprise Value for the quarter that ended in Mar. 2024 was €19,413 Mil.
Avery Dennison's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €815 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Avery Dennison EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Avery Dennison's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Avery Dennison (FRA:AV3) Business Description

Traded in Other Exchanges
Address
8080 Norton Parkway, Mentor, OH, USA, 44060
Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification, or RFID, inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.

Avery Dennison (FRA:AV3) Headlines

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