AVY · Avery Dennison Corporation

$171.432026-05-17

Sector: Industrials; Industry: Business Equipment & Supplies; Sub-Industry: Paper & Plastic Packaging Products & Materials

Intrinsic Value Range Comparison · Mulya.ai

Bull

$144

-16.2% vs market

Base · active

$108

-36.8% vs market

Bear

$90

-47.3% vs market

Mulya.ai vs Analyst IV Comparison?

Bear $90

Base $108

Bull $144

Market $171

Median $225

Market Price $171

Mulya.ai Base $108

Analysts Median $225

Mulya.ai IV range ($90 · $144)

Analysts Range ($200 · $234)

Fundamentals · historical + forward · base

italics = DCF projection

Period	Revenue	Rev Gr ?	Ops M% ?	Tax Rate ?	NOPAT ?	Reinvest ?	FCFF ?	WACC% ?	PV FCFF ?	ROIC ?	Inv. Cap ?	EPS ?	P/E
2021.Q4	$8.4B	—	12.4%	25.1%	$778MM	−$1.5B	−$744MM	7.0%	—	16.0%	$4.9B	$9.56	—
2022.Q4	$9.0B	7.5%	11.9%	24.2%	$812MM	−$272MM	$540MM	8.0%	—	16.5%	$5.0B	$9.78	—
2023.Q4	$8.4B	-7.5%	11.4%	27.6%	$691MM	−$272MM	$419MM	8.4%	—	13.7%	$5.2B	$6.50	—
2024.Q4	$8.8B	4.7%	12.9%	26.1%	$833MM	−$126MM	$708MM	7.6%	—	16.2%	$5.1B	$9.11	—
2025.Q4	$8.9B	1.1%	12.5%	25.6%	$821MM	−$564MM	$257MM	8.3%	—	15.1%	$5.8B	$8.89	12.0
italics below = DCF projection · 10yr Rev CAGR: 4.3%
2026.Q4	$9.3B	+4.5%	12.4%	25.1%	$864MM	−$335MM	$528MM	8.4%	$487MM	14.5%	$6.1B	$11.16	15.4
2027.Q4	$9.7B	+4.5%	12.4%	24.5%	$910MM	−$318MM	$592MM	8.4%	$503MM	14.5%	$6.4B	$11.75	14.6
2028.Q4	$10.1B	+4.5%	12.4%	23.9%	$957MM	−$303MM	$654MM	8.4%	$513MM	14.6%	$6.7B	$12.36	13.9
2029.Q4	$10.6B	+4.4%	12.4%	23.4%	$1.0B	−$314MM	$692MM	8.5%	$501MM	14.6%	$7.0B	$13.00	13.2
2030.Q4	$11.0B	+4.3%	12.4%	22.8%	$1.1B	−$326MM	$732MM	8.5%	$488MM	14.7%	$7.4B	$13.67	12.5

Term. Yr+	$14.1B	4.1%	9.8%	20.0%	$1.1B	−$347MM	$762MM	8.6%	$7.5B	13.1%	—	—	—

Active scenario IV: $108 (-36.8% vs market)