AU vs. AVY: AngloGold Ashanti vs. Avery Dennison Stock Comparison

November 11, 2026

How do AngloGold Ashanti (AU) and Avery Dennison (AVY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

AngloGold Ashanti (AU) and Avery Dennison (AVY) both fall under the Materials industry group, but AU is classified in Metals & Mining while AVY is classified in Containers & Packaging.

Company profile comparison for AngloGold Ashanti (AU) and Avery Dennison (AVY)
Profile Item	AU	AVY
Name	AngloGold Ashanti plc	Avery Dennison Corporation
Country/Region	United States	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Containers & Packaging
GICS Sub-Industry	Gold	Paper & Plastic Packaging Products & Materials
Market Capitalization	47.04 billion USD	14.10 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	August 5, 1998	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AVY

GSPC

AngloGold Ashanti (AU) vs. Avery Dennison (AVY), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for AngloGold Ashanti (AU) and Avery Dennison (AVY). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for AngloGold Ashanti (AU) and Avery Dennison (AVY). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for AngloGold Ashanti (AU) and Avery Dennison (AVY)
Metric	AU	AVY
Total Return (1Y)	47.97%	10.80%
Total Return (3Y, Annualized)	87.34%	3.97%
Total Return (5Y, Annualized)	42.76%	-1.88%

Risk Profile

Drawdown History

AVY

GSPC

AngloGold Ashanti (AU) vs. Avery Dennison (AVY), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for AngloGold Ashanti (AU) and Avery Dennison (AVY). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for AngloGold Ashanti (AU) and Avery Dennison (AVY)
Metric	AU	AVY
Volatility (1Y, Annualized)	60.11%	24.05%
Beta (5Y)	0.67	0.75
Max Drawdown (5Y)	-51.75%	-31.73%
Avg. Volume (3M)	2.54M	836.04K

Risk-Adjusted Performance

Risk-Return Positioning

AU and AVY are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for AngloGold Ashanti (AU) and Avery Dennison (AVY)
Metric	AU	AVY
Sharpe Ratio (1Y)	0.73	0.27
Sortino Ratio (1Y)	1.07	0.43

Profitability

ROE (TTM)

Both AngloGold Ashanti (AU) at 44.33% and Avery Dennison (AVY) at 30.80% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

AU

Materials industry group

44.33%

Max: 52.88%
AU: 44.33%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

AVY

Materials industry group

30.80%

Max: 52.88%
AVY: 30.80%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

AngloGold Ashanti (AU) at 32.64% retains a top-quartile share of revenue as profit, ahead of Avery Dennison (AVY) at 7.56%, which keeps about the industry-typical share.

AU

Materials industry group

32.64%

Max: 38.66%
AU: 32.64%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

AVY

Materials industry group

7.56%

Max: 38.66%
Q3: 15.98%
AVY: 7.56%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

AngloGold Ashanti (AU) at 45.36% operates in the top operating margin quartile, ahead of Avery Dennison (AVY) at 12.10%, which runs around its industry’s norm.

AU

Materials industry group

45.36%

Max: 66.70%
AU: 45.36%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

AVY

Materials industry group

12.10%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
AVY: 12.10%
Q1: 3.28%
Min: -14.07%

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for AngloGold Ashanti (AU) and Avery Dennison (AVY)
Metric	AU	AVY
ROE (TTM)	44.33%	30.80%
ROA (TTM)	24.39%	8.28%
Net Margin (TTM)	32.64%	7.56%
Operating Margin (TTM)	45.36%	12.10%
Gross Margin (TTM)	54.84%	28.83%

Growth

Revenue Growth

AngloGold Ashanti (AU) at 70.78% sits in the top revenue growth quartile, while Avery Dennison (AVY) at 1.14% is closer to the peer norm — faster top-line expansion for AU.

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their Revenue Growth across different time periods.

EPS Growth

AngloGold Ashanti (AU) at 122.32% sits in the top EPS growth quartile, while Avery Dennison (AVY) at 0.69% is closer to the peer norm — faster per-share earnings growth for AU.

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for AngloGold Ashanti (AU) and Avery Dennison (AVY)
Metric	AU	AVY
Revenue Growth (YoY)	70.78%	1.14%
Revenue Growth (3Y CAGR)	30.02%	-0.68%
EPS Growth (YoY)	122.32%	0.69%
EPS Growth (3Y CAGR)	93.95%	-1.54%

Financial Strength

Current Ratio (MRQ)

AngloGold Ashanti (AU) at 2.55 keeps current ratio within its industry’s typical mid-range, while Avery Dennison (AVY) at 1.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for AVY.

AU

Materials industry group

2.55

Max: 5.96
Q3: 3.30
AU: 2.55
Median: 2.24
Q1: 1.45
Min: 0.16

AVY

Materials industry group

1.16

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
AVY: 1.16
Min: 0.16

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

AngloGold Ashanti (AU) at 0.16 carries an industry-typical debt-to-equity mix, while Avery Dennison (AVY) at 1.52 uses more debt funding than most peers.

AU

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
AU: 0.16
Q1: 0.13
Min: 0.00

AVY

Materials industry group

1.52

Max: 1.98
AVY: 1.52
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for AngloGold Ashanti (AU) and Avery Dennison (AVY)
Metric	AU	AVY
Current Ratio (MRQ)	2.55	1.16
Debt / Equity (MRQ)	0.16	1.52
Net Debt / EBITDA	-0.17	2.20

Dividends

Dividend Yield (TTM)

Avery Dennison (AVY) at 2.05% earns its spot in the top quartile of its industry’s yields; AngloGold Ashanti (AU) at 4.88% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

AU

Materials industry group

4.88%

AU: 4.88%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

AVY

Materials industry group

2.05%

Max: 4.52%
AVY: 2.05%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both AngloGold Ashanti (AU) at 58.78% and Avery Dennison (AVY) at 41.99% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

AU

Materials industry group

58.78%

Max: 83.62%
AU: 58.78%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

AVY

Materials industry group

41.99%

Max: 83.62%
AVY: 41.99%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for AngloGold Ashanti (AU) and Avery Dennison (AVY)
Metric	AU	AVY
Dividend Yield (TTM)	4.88%	2.05%
Dividend Payout Ratio (TTM)	58.78%	41.99%

Valuation

P/E Ratio (TTM)

Both AngloGold Ashanti (AU) at 12.09 and Avery Dennison (AVY) at 20.21 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AU

Materials industry group

12.09

Max: 59.00
Q3: 32.93
Median: 18.82
AU: 12.09
Q1: 11.96
Min: 3.93

AVY

Materials industry group

20.21

Max: 59.00
Q3: 32.93
AVY: 20.21
Median: 18.82
Q1: 11.96
Min: 3.93

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both AngloGold Ashanti (AU) at 3.91 and Avery Dennison (AVY) at 1.51 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

AU

Materials industry group

3.91

Max: 9.62
Q3: 4.34
AU: 3.91
Median: 1.87
Q1: 0.73
Min: 0.00

AVY

Materials industry group

1.51

Max: 9.62
Q3: 4.34
Median: 1.87
AVY: 1.51
Q1: 0.73
Min: 0.00

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Both AngloGold Ashanti (AU) at 5.01 and Avery Dennison (AVY) at 5.91 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

AU

Materials industry group

5.01

Max: 6.59
AU: 5.01
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

AVY

Materials industry group

5.91

Max: 6.59
AVY: 5.91
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

AngloGold Ashanti (AU) vs. Avery Dennison (AVY): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for AngloGold Ashanti (AU) and Avery Dennison (AVY)
Metric	AU	AVY
P/E Ratio (TTM)	12.09	20.21
P/S Ratio (TTM)	3.91	1.51
P/B Ratio (MRQ)	5.01	5.91
Free Cash Flow Yield (TTM)	7.61%	6.90%