Avery Dennison Corporation (AVY) vs Ball Corporation (BALL)

Avery Dennison Corporation and Ball Corporation are both Packaging & Containers companies. Ball Corporation is the larger, with a market value of $15.0B against $12.8B — 1.2× the size. Ball Corporation trades at the lower P/E: 16.1× against 18.7×. Ball Corporation grew revenue faster over the last twelve months: 15.6% against 5.84%. Avery Dennison Corporation has the higher net margin (7.62% vs 6.61%) and the higher return on invested capital (12.9% vs 7.34%). Both pay a dividend; Avery Dennison Corporation yields more (1.63% vs 1.40%). Across the 23 metrics below, Avery Dennison Corporation leads on 14 and Ball Corporation on 9.

Valuation

Metric AVY BALL Packaging & Containers median
P/E 18.66 16.10 15.79
P/S 1.41 1.05 0.88
P/B 5.60 2.62 1.60
Price to free cash flow 12.49 18.26 13.41
EV/EBITDA 11.12 10.35 9.04
EV/Sales 1.72 1.52 1.31
Earnings yield 5.36% 6.21% 5.04%
Free cash flow yield 8.01% 5.48% 6.34%

Profitability

Metric AVY BALL Packaging & Containers median
Gross margin 28.98% 18.63% 20.03%
Operating margin 11.80% 10.25% 8.36%
Net margin 7.62% 6.61% 4.53%
Free cash flow margin 11.25% 5.77% 5.14%
Return on equity 31.16% 17.15% 11.28%
Return on assets 7.93% 4.89% 4.29%
Return on invested capital 12.93% 7.34% 6.43%

Growth

Metric AVY BALL Packaging & Containers median
Revenue growth (TTM) 5.84% 15.56% 9.10%
EPS growth (last fiscal year) 0.69% (74.62%) —
Revenue growth, 5-year CAGR 4.90% 2.24% 5.66%
Net income growth, 5-year CAGR 4.36% 9.29% 0.00%

Health

Metric AVY BALL Packaging & Containers median
Debt to equity 1.37 1.25 0.78
Current ratio 1.13 1.07 1.29
Net debt to EBITDA 2.19 2.83 2.65

Dividend

Metric AVY BALL Packaging & Containers median
Dividend yield 1.63% 1.40% 2.79%
Payout ratio 0.44 0.22 0.28

Size

Metric AVY BALL Packaging & Containers median
Market cap 12.81b 15.00b 3.71b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack