Avient Corporation (AVNT) vs WD-40 Company (WDFC)

Avient Corporation and WD-40 Company are both Specialty Chemicals companies. Avient Corporation is the larger, with a market value of $3.7B against $2.7B — 1.4× the size. Avient Corporation trades at the lower P/E: 22.2× against 30.1×. WD-40 Company grew revenue faster over the last twelve months: 10.2% against 2.36%. WD-40 Company has the higher net margin (13.2% vs 5.10%) and the higher return on invested capital (23.0% vs 5.05%). Both pay a dividend; Avient Corporation yields more (2.02% vs 1.27%). Across the 23 metrics below, WD-40 Company leads on 14 and Avient Corporation on 9.

Valuation

Metric AVNT WDFC Specialty Chemicals median
P/E 22.19 30.13 24.83
P/S 1.14 3.97 1.46
P/B 1.55 9.61 1.76
Price to free cash flow 19.84 33.51 19.84
EV/EBITDA 10.36 20.99 13.18
EV/Sales 1.57 4.03 1.84
Earnings yield 4.51% 3.32% 2.11%
Free cash flow yield 5.04% 2.98% 2.29%

Profitability

Metric AVNT WDFC Specialty Chemicals median
Gross margin 31.66% 55.82% 29.23%
Operating margin 9.45% 17.48% 3.63%
Net margin 5.10% 13.19% 2.89%
Free cash flow margin 5.73% 11.88% 3.78%
Return on equity 7.05% 33.22% 3.62%
Return on assets 2.80% 18.62% 0.35%
Return on invested capital 5.05% 23.01% 2.75%

Growth

Metric AVNT WDFC Specialty Chemicals median
Revenue growth (TTM) 2.36% 10.15% 4.51%
EPS growth (last fiscal year) (51.63%) 30.92% —
Revenue growth, 5-year CAGR 8.04% 8.70% 6.30%
Net income growth, 5-year CAGR (9.05%) 8.47% 0.00%

Health

Metric AVNT WDFC Specialty Chemicals median
Debt to equity 0.77 0.36 0.54
Current ratio 1.90 2.65 1.94
Net debt to EBITDA 3.63 0.25 2.03

Dividend

Metric AVNT WDFC Specialty Chemicals median
Dividend yield 2.02% 1.27% 1.69%
Payout ratio 2.26 0.69 0.25

Size

Metric AVNT WDFC Specialty Chemicals median
Market cap 3.74b 2.65b 2.43b

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