AVYAvery Dennison

$171.87+4.0% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 64 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. Avery Dennison scores higher than 75% of the 1,794 companies Ryufin scores.

Carried by valuation and return on capital, held back by return on new capital.

Basic Materials median 54 · all companies 50

Valuation

26% of the score

66median 13

Avery Dennison is valued at 13.8x its operating profit before acquisition amortisation (EBITA), including debt: an ordinary multiple.

25x
20x
15x
10x
6x
13.8x
Full points at 6x or less, none from 25xfull points

Return on capital

18% of the score

72median 34

Over 7 years the business earned 13% a year after tax on the capital it uses.

2%
8%
15%
25%
13%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 13%

Return on new capital

16% of the score

43median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 2 cents. New capital earned 6.3%, and 36% of profit went back into the business.

-5%
12%
2.3%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

75median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countDown 1.4% a year over 5 years: buybacks
80
5%
-3%
-1.4%
0 pointsfull points
Assets against salesAssets grew 7.7% a year, sales 4.9%
66
12%
-2%
2.8%
0 pointsfull points

Cycle position

12% of the score

65median 62

Today's operating margin of 11% is 1.00x its normal 11%: close to its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 11%

Balance sheet

8% of the score

52median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA2.7x a year of EBITDA
44
4.5x
0.5x
2.7x
0 pointsfull points
Interest coverOperating profit covers interest 8x
60
1.5x
12x
7.8x
0 pointsfull points

Earnings quality

6% of the score

83median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.40x profit over 3 years
100
0.7x
1x
1.3x
1.4x
0 pointsfull points
AccrualsCash ran ahead of profit by 2.3% of assets
71
8%
0%
-8%
-2.3%
0 pointsfull points
Beneish M-score-2.55
77
-1.50
-1.78
-2.22
-3.00
-2.55
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.