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Avery Dennison (Avery Dennison) EV-to-EBIT

: 24.66 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Avery Dennison's Enterprise Value is $20,065 Mil. Avery Dennison's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $814 Mil. Therefore, Avery Dennison's EV-to-EBIT for today is 24.66.

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

AVY' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.45   Med: 16.4   Max: 66.38
Current: 24.66

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.

AVY's EV-to-EBIT is ranked worse than
75.23% of 331 companies
in the Packaging & Containers industry
Industry Median: 13.11 vs AVY: 24.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Avery Dennison's Enterprise Value for the quarter that ended in Dec. 2023 was $19,302 Mil. Avery Dennison's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $814 Mil. Avery Dennison's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.22%.


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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.71 18.29 19.60 16.21 23.72

Avery Dennison Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 16.21 17.87 20.16 23.02 23.72

Competitive Comparison

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 EV-to-EBIT Distribution

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)
=20065.000/813.7
=24.66

Avery Dennison's current Enterprise Value is $20,065 Mil.
Avery Dennison's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $814 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  (NYSE:AVY) 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 Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=813.7/19302.290496
=4.22 %

Avery Dennison's Enterprise Value for the quarter that ended in Dec. 2023 was $19,302 Mil.
Avery Dennison's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $814 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 (Avery Dennison) 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.
Executives
Ignacio J Walker officer: VP and Chief Legal Officer 207 GOODE AVE, GLENDALE CA 91203
Divina Fe Santiago officer: VP Controller 8080 NORTON PARKWAY, MENTOR OH 44060
Julia A Stewart director 4551 WEST 107TH STREET STE 100, C/O APPLEBEES INTERNATIONAL INC, OVERLAND PARK KS 66207
Francisco Melo officer: President, Solutions Group 8080 NORTON PARKWAY, MENTOR OH 44060
Hassan Rmaile officer: President, Materials Group 1200 WILLOW LAKE BLVD, P.O. BOX 64683, ST. PAUL MN 55110
Andres Alberto Lopez director ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Francesca Reverberi director C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Anthony Anderson director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Martha N. Sullivan director 529 PLEASANT STREET, MS B-7, ATTLEBORO MA 02703
William Raymond Wagner director C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Bradley A Alford director 150 N ORANGE GROVE BLVD, PASADENA CA 91103
Deena Baker-nel officer: VP & Chief HR Officer 207 GOODE AVE, GLENDALE CA 91203
Gregory Lovins officer: V.P. and Interim CFO 207 GOODE AVENUE, GLENDALE CA 91203
Ken C Hicks director 150 N. ORANGE GROVE BLVD, PASADENA CA 91103
Nicholas Colisto officer: VP & Chief Information Officer C/O AVERY DENNISON CORPORATION, 207 GOODE AVE, GLENDALE CA 91203

Avery Dennison (Avery Dennison) Headlines