Avery Dennison (MEX:AVY) 3-Year ROIIC % : 3.23% (As of Dec. 2025) — 49% Below Median


MEX:AVY Avery Dennison Corp MEX:AVY
85 GF Score
Price MXN4,390.00
GF Value MXN5,637.93
! 2 Warning Signs
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What is Avery Dennison 3-Year ROIIC %?

Avery Dennison MEX:AVY 85 3-Year ROIIC % is 3.23 as of Dec. 2025, which is 49% below its 10-year median of 6.35. GuruFocus rates MEX:AVY with a GF Score™ of 85/100 and a GF Value™ of MXN5,637.93. The stock has 2 warning signs investors should review. Among 384 Packaging & Containers companies, Avery Dennison ranks better than 53.65% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Avery Dennison's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Avery Dennison's 3-Year ROIIC % or its related term are showing as below:

MEX:AVY's 3-Year ROIIC % is ranked better than
53.65% of 384 companies
in the Packaging & Containers industry
Industry Median: 1.275 vs MEX:AVY: 3.23

Avery Dennison  (MEX:AVY) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Avery Dennison 3-Year ROIIC % Related Terms


Avery Dennison 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Avery Dennison's 3-Year ROIIC % 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 3-Year ROIIC % Chart

Avery Dennison Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 -0.47 2.04 7.36 3.23

Avery Dennison Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 0.00 0.00 0.00 3.23 0.00

MEX:AVY vs CCK, BALL, REYN: 3-Year ROIIC % Comparison

For the Packaging & Containers subindustry, Avery Dennison's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Avery Dennison's 3-Year ROIIC % falls into.


MEX:AVY
85GF Score
Avery Dennison Corp MEX:AVY
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Avery Dennison 3-Year ROIIC % Calculation

Avery Dennison's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 15048.6252222 (Dec. 2025) - 15854.2997456 (Dec. 2022) )/( 123313.837 (Dec. 2025) - 119910.148 (Dec. 2022) )
=-805.6745234/3403.689
=-23.67%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 3.23 mean?
Avery Dennison (MEX:AVY) has a 3-Year ROIIC % of 3.23 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Avery Dennison and its competitors. This is 49% below median its historical median of 6.35. According to the industry distribution chart, Avery Dennison ranks #178 out of 384 companies in the Packaging & Containers industry, placing it in the top 46.4%.
Is Avery Dennison's 3-Year ROIIC % too high?
Avery Dennison's current 3-Year ROIIC % of 3.23 is 49% below median its 10-year median of 6.35. The Packaging & Containers industry median 3-Year ROIIC % is 1.28. Avery Dennison's value of 3.23 is 153.3% above this industry median. Based on the distribution chart, Avery Dennison ranks #178 out of 384 companies in the Packaging & Containers industry, which is above 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 3-Year ROIIC % compare to CCK and BALL?
According to the Packaging & Containers industry distribution chart, Avery Dennison ranks #178 out of 384 companies for 3-Year ROIIC %. This puts Avery Dennison in the upper half of its industry. The industry median 3-Year ROIIC % is 1.28. Avery Dennison's value of 3.23 is 153.3% above this benchmark. While the company's 10-year median is 6.35 vs. the industry median of 1.28, 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 3-Year ROIIC % for a Packaging & Containers company?
The median 3-Year ROIIC % among Packaging & Containers companies is 1.28, based on 384 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avery Dennison's current 3-Year ROIIC % of 3.23 is 153.3% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Avery Dennison and its competitors. For the Packaging & Containers industry, the median 3-Year ROIIC % is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avery Dennison's current 3-Year ROIIC % is 3.23, which is 49% below median its own 10-year median of 6.35. 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 3-Year ROIIC % of 3.23. The stock's GF Value™ is MXN5,637.93, compared to a current price of MXN4,390.00 — trading 22.1% below its estimated fair value. The current 3-Year ROIIC % is 3.23, which is 49% below median its 10-year median of 6.35 and 153.3% above the Packaging & Containers industry median of 1.28. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Avery Dennison (MEX:AVY), the current 3-Year ROIIC % is 3.23 as of Dec. 2025. 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 22.1% below its estimated GF Value™ of MXN5,637.93.

Key valuation signals for MEX:AVY:

  • 3-Year ROIIC %: 3.23 (49% below median its 10-year median of 6.35)
  • GF Value™: MXN5,637.93 vs. price of MXN4,390.00 (22.1% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 153.3% above the Packaging & Containers median (#178 of 384)

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 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 MEX:AVY

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,390.00
Price
MXN5,637.93
GF Value