Avery Dennison (MIL:1AVY) EV-to-FCF: 19.85 (As of Jul. 05, 2026) — 27% Below Median


MIL:1AVY Avery Dennison Corp MIL:1AVY
85 GF Score
Price €143.55
GF Value €174.29
! 2 Warning Signs
View Full Analysis

What is Avery Dennison EV-to-FCF?

Avery Dennison MIL:1AVY 85 EV-to-FCF is 19.85 as of Jul. 05, 2026, which is 27% below its 10-year median of 27.13. GuruFocus rates MIL:1AVY with a GF Score™ of 85/100 and a GF Value™ of €174.29. The stock has 2 warning signs investors should review. Among 241 Packaging & Containers companies, Avery Dennison ranks worse than 57.26% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Avery Dennison's Enterprise Value is €14,319 Mil. Avery Dennison's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €721 Mil. Therefore, Avery Dennison's EV-to-FCF for today is 19.85.

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

MIL:1AVY' s EV-to-FCF Range Over the Past 10 Years
Min: 18.4   Med: 27.13   Max: 57.51
Current: 19.38

During the past 13 years, the highest EV-to-FCF of Avery Dennison was 57.51. The lowest was 18.40. And the median was 27.13.

MIL:1AVY's EV-to-FCF is ranked worse than
57.26% of 241 companies
in the Packaging & Containers industry
Industry Median: 16.16 vs MIL:1AVY: 19.38

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-05), Avery Dennison's stock price is €143.55. Avery Dennison's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €7.626. Therefore, Avery Dennison's PE Ratio (TTM) for today is 18.82.


Avery Dennison  (MIL:1AVY) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Avery Dennison's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=143.55/7.626
=18.82

Avery Dennison's share price for today is €143.55.
Avery Dennison's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €7.626.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Avery Dennison EV-to-FCF Related Terms


Avery Dennison EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Avery Dennison's EV-to-FCF 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.

Avery Dennison EV-to-FCF Chart

Avery Dennison Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.89 26.51 35.69 25.40 25.72

Avery Dennison Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 29.99 28.29 24.24 25.72 19.93

MIL:1AVY vs CCK, BALL, REYN: EV-to-FCF Comparison

For the Packaging & Containers subindustry, Avery Dennison's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Packaging & Containers Industry

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

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


MIL:1AVY
85GF Score
Avery Dennison Corp MIL:1AVY
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avery Dennison EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=14319.102/721.35
=19.85

Avery Dennison's current Enterprise Value is €14,319 Mil.
Avery Dennison's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €721 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 19.85 mean?
Avery Dennison (MIL:1AVY) has a EV-to-FCF of 19.85 as of Jul. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Avery Dennison and its competitors. This is 27% below median its historical median of 27.13. Over the past decade, Avery Dennison's EV-to-FCF has ranged from 18.40 to 57.51. According to the industry distribution chart, Avery Dennison ranks #138 out of 241 companies in the Packaging & Containers industry, placing it in the top 57.3%.
Is Avery Dennison's EV-to-FCF too high?
Avery Dennison's current EV-to-FCF of 19.85 is 27% below median its 10-year median of 27.13. Over the past 10 years, this metric has ranged from a low of 18.40 to a high of 57.51. The Packaging & Containers industry median EV-to-FCF is 16.16. Avery Dennison's value of 19.85 is 22.8% above this industry median. Based on the distribution chart, Avery Dennison ranks #138 out of 241 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 EV-to-FCF compare to CCK and BALL?
According to the Packaging & Containers industry distribution chart, Avery Dennison ranks #138 out of 241 companies for EV-to-FCF. This places Avery Dennison in the lower half of its industry. The industry median EV-to-FCF is 16.16. Avery Dennison's value of 19.85 is 22.8% above this benchmark. Historically, Avery Dennison's own EV-to-FCF has ranged from 18.40 to 57.51 over the past decade. While the company's 10-year median is 27.13 vs. the industry median of 16.16, 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 EV-to-FCF for a Packaging & Containers company?
The median EV-to-FCF among Packaging & Containers companies is 16.16, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avery Dennison's current EV-to-FCF of 19.85 is 22.8% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Avery Dennison and its competitors. For the Packaging & Containers industry, the median EV-to-FCF is 16.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avery Dennison's current EV-to-FCF is 19.85, which is 27% below median its own 10-year median of 27.13. 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 (MIL:1AVY) has a current EV-to-FCF of 19.85. The stock's GF Value™ is €174.29, compared to a current price of €143.55 — trading 17.6% below its estimated fair value. The current EV-to-FCF is 19.85, which is 27% below median its 10-year median of 27.13 and 22.8% above the Packaging & Containers industry median of 16.16. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Avery Dennison (MIL:1AVY), the current EV-to-FCF is 19.85 as of Jul. 05, 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 (MIL:1AVY) Overvalued in 2026?

Based on GuruFocus' analysis, Avery Dennison stock appears to be undervalued. The current stock price of €143.55 is trading 17.6% below its estimated GF Value™ of €174.29.

Key valuation signals for MIL:1AVY:

  • EV-to-FCF: 19.85 (27% below median its 10-year median of 27.13)
  • GF Value™: €174.29 vs. price of €143.55 (17.6% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 22.8% above the Packaging & Containers median (#138 of 241)

No single metric tells the full story. See the MIL:1AVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avery Dennison Business Description

Address 8080 Norton Parkway, Mentor, OH, USA, 44060
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 MIL:1AVY

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€143.55
Price
€174.29
GF Value