AVY

NYSE

Avery Dennison Corp

Materials, Paper & Plastic Packaging Products & Materials

$177.18

close 7 Aug 2026

+3.12%

52-week change

$13.45B

market cap

$152.42

$199.54

52-week range

Expected price

$170.02 – $207.80

Current price

$177.18

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)19.39x

P/S (TTM)1.45x

P/B5.79x

EV/EBITDA (TTM)11.65x

FCF yield (TTM)7.90%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average22.95x

P/E, sector median31.36x*

Price at 5-year median P/E$190.58*

Indicated dividend yield2.26%

Forward — analyst consensus

Forward P/E (FY2026)17.42x*

Forward P/E (FY2027)15.78x

Forward PEG1.67*

Consensus EPS FY2026 (11 analysts)$10.17

EPS growth (FY2026→FY2027)10.40%

Revenue growth (FY2026)5.48%

Street view

Price target (mean)$201.80*

Target upside13.90%

Ratings (buy / hold / sell)9 / 2 / 0

FY2026 EPS revisions, 30d (up / down)2 / 3

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 4 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +5.31%10Y CAGR +7.74%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$177.18

Cash & equivalents$227.30M

Total debt$3.68B

Shares outstanding75.90M

Result

DCF price per share$279.61

Current price$177.18

Margin of safety+57.81%

PV of years 1–10$9.28B

PV of terminal value$15.40B

Equity value$21.22B

Market-implied growth+0.46%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$1.12B	$1.18B	$1.24B	$1.31B	$1.38B	$1.45B	$1.53B	$1.61B	$1.69B	$1.78B	$33.24B
PV	$1.04B	$1.01B	$985.62M	$961.08M	$937.14M	$913.80M	$891.04M	$868.84M	$847.20M	$826.10M	$15.40B

period to 30 Jun 2026, filed 4 Aug 2026, close 7 Aug 2026