Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Avery DennisonMEX:AVY 85 Debt-to-EBITDA is 2.61 as of Mar. 2026, which is 12% above its 10-year median of 2.33. GuruFocus rates MEX:AVY with a GF Score™ of 85/100 and a GF Value™ of MXN5,655.10. The stock has 2 warning signs investors should review. Among 333 Packaging & Containers companies, Avery Dennison ranks worse than 53.15% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Avery Dennison's Debt-to-EBITDA or its related term are showing as below:
MEX:AVY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.8 Med: 2.33 Max: 3.85
Current: 2.68
During the past 13 years, the highest Debt-to-EBITDA Ratio of Avery Dennison was 3.85. The lowest was 1.80. And the median was 2.33.
MEX:AVY's Debt-to-EBITDA is ranked worse than 53.15% of 333
companies
in the Packaging & Containers industry
Industry Median: 2.58
vs MEX:AVY: 2.68
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Avery Dennison Debt-to-EBITDA Related Terms
Avery Dennison Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Avery Dennison's Debt-to-EBITDA 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.
MEX:AVY vs CCK, BALL, REYN: Debt-to-EBITDA Comparison
For the Packaging & Containers subindustry, Avery Dennison's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Avery Dennison's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Avery Dennison (MEX:AVY) has a Debt-to-EBITDA of 2.61 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Avery Dennison. This is 12% above median its historical median of 2.33. Over the past decade, Avery Dennison's Debt-to-EBITDA has ranged from 1.80 to 3.85. According to the industry distribution chart, Avery Dennison ranks #177 out of 333 companies in the Packaging & Containers industry, placing it in the top 53.2%.
Is Avery Dennison's Debt-to-EBITDA too high?
Avery Dennison's current Debt-to-EBITDA of 2.61 is 12% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 3.85. The Packaging & Containers industry median Debt-to-EBITDA is 2.58. Avery Dennison's value of 2.61 is 1.2% above this industry median. Based on the distribution chart, Avery Dennison ranks #177 out of 333 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Avery Dennison has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Avery Dennison's Debt-to-EBITDA compare to CCK and BALL?
According to the Packaging & Containers industry distribution chart, Avery Dennison ranks #177 out of 333 companies for Debt-to-EBITDA. This places Avery Dennison in the lower half of its industry. The industry median Debt-to-EBITDA is 2.58. Avery Dennison's value of 2.61 is 1.2% above this benchmark. Historically, Avery Dennison's own Debt-to-EBITDA has ranged from 1.80 to 3.85 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.58, Avery Dennison has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Packaging & Containers company?
The median Debt-to-EBITDA among Packaging & Containers companies is 2.58, based on 333 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avery Dennison's current Debt-to-EBITDA of 2.61 is 1.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Avery Dennison. For the Packaging & Containers industry, the median Debt-to-EBITDA is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avery Dennison's current Debt-to-EBITDA is 2.61, which is 12% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avery Dennison stock overvalued right now?
Avery Dennison (MEX:AVY) has a current Debt-to-EBITDA of 2.61. The stock's GF Value™ is MXN5,655.10, compared to a current price of MXN4,390.00 — trading 22.4% below its estimated fair value. The current Debt-to-EBITDA is 2.61, which is 12% above median its 10-year median of 2.33 and 1.2% above the Packaging & Containers industry median of 2.58. Avery Dennison's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Avery Dennison (MEX:AVY), the current Debt-to-EBITDA is 2.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Avery Dennison (MEX:AVY) Overvalued in 2026?
Based on GuruFocus' analysis, Avery Dennison stock appears to be undervalued.
The current stock price of MXN4,390.00 is trading 22.4% below its estimated GF Value™ of MXN5,655.10.
Key valuation signals for MEX:AVY:
Debt-to-EBITDA: 2.61 (12% above median its 10-year median of 2.33)
GF Value™: MXN5,655.10 vs. price of MXN4,390.00 (22.4% below fair value)
Industry Position: 1.2% above the Packaging & Containers median (#177 of 333)
No single metric tells the full story. See the MEX:AVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avery Dennison Corp provides materials science and digital identification solutions, offering labeling and functional materials, RFID inlays and tags, software connecting physical and digital, and products that enhance packaging and customer experience. Serving industries including retail, apparel, e-commerce, logistics, food, pharmaceuticals, and automotive it operates through two reportable segments: Materials Group, which manufactures and sells pressure-sensitive label materials, graphics, reflective products, performance tapes, and other adhesive solutions, and earns the majority of revenue; and Solutions Group, which provides brand and price tickets, tags, labels with RFID inlays, and related services, supplies, and equipment.
85GF Score
Get the complete analysis for MEX:AVY
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:AVY has been successfully added to your 
