AVY vs. OI: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AVY and OI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
AVY’s market capitalization of 14.32 billion USD is substantially larger than OI’s 2.42 billion USD, indicating a significant difference in their market valuations.
With betas of 0.89 for AVY and 0.95 for OI, both stocks show similar sensitivity to overall market movements.
| Symbol | AVY | OI |
|---|---|---|
| Company Name | Avery Dennison Corporation | O-I Glass, Inc. |
| Country | US | US |
| Sector | Industrials | Consumer Cyclical |
| Industry | Business Equipment & Supplies | Packaging & Containers |
| CEO | Deon M. Stander | Gordon J. Hardie |
| Price | 183.24 USD | 15.67 USD |
| Market Cap | 14.32 billion USD | 2.42 billion USD |
| Beta | 0.89 | 0.95 |
| Exchange | NYSE | NYSE |
| IPO Date | April 4, 1977 | December 11, 1991 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AVY and OI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
AVY
30.48%
Business Equipment & Supplies Industry
- Max
- 16.56%
- Q3
- 16.56%
- Median
- 12.99%
- Q1
- 11.92%
- Min
- 11.92%
AVY’s Return on Equity of 30.48% is exceptionally high, placing it well beyond the typical range for the Business Equipment & Supplies industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
OI
-15.31%
Packaging & Containers Industry
- Max
- 20.97%
- Q3
- 18.53%
- Median
- 9.15%
- Q1
- 3.67%
- Min
- -15.31%
OI has a negative Return on Equity of -15.31%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
Return on Invested Capital
AVY
13.21%
Business Equipment & Supplies Industry
- Max
- 13.21%
- Q3
- 11.67%
- Median
- 10.45%
- Q1
- 8.54%
- Min
- 6.64%
In the upper quartile for the Business Equipment & Supplies industry, AVY’s Return on Invested Capital of 13.21% signifies a highly effective use of its capital to generate profits when compared to its peers.
OI
20.22%
Packaging & Containers Industry
- Max
- 11.55%
- Q3
- 9.42%
- Median
- 6.03%
- Q1
- 2.83%
- Min
- -6.57%
OI’s Return on Invested Capital of 20.22% is exceptionally high, placing it well beyond the typical range for the Packaging & Containers industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.
Net Profit Margin
AVY
7.98%
Business Equipment & Supplies Industry
- Max
- 13.49%
- Q3
- 7.98%
- Median
- 5.35%
- Q1
- 3.84%
- Min
- 3.84%
AVY’s Net Profit Margin of 7.98% is aligned with the median group of its peers in the Business Equipment & Supplies industry. This indicates its ability to convert revenue into profit is typical for the sector.
OI
-2.97%
Packaging & Containers Industry
- Max
- 10.07%
- Q3
- 5.37%
- Median
- 3.61%
- Q1
- 1.49%
- Min
- -2.97%
OI has a negative Net Profit Margin of -2.97%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
Operating Profit Margin
AVY
12.83%
Business Equipment & Supplies Industry
- Max
- 17.67%
- Q3
- 12.83%
- Median
- 8.01%
- Q1
- 7.07%
- Min
- 5.16%
AVY’s Operating Profit Margin of 12.83% is around the midpoint for the Business Equipment & Supplies industry, indicating that its efficiency in managing core business operations is typical for the sector.
OI
7.49%
Packaging & Containers Industry
- Max
- 14.60%
- Q3
- 11.93%
- Median
- 8.05%
- Q1
- 5.47%
- Min
- 2.09%
OI’s Operating Profit Margin of 7.49% is around the midpoint for the Packaging & Containers industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | AVY | OI |
|---|---|---|
| Return on Equity (TTM) | 30.48% | -15.31% |
| Return on Assets (TTM) | 8.36% | -2.21% |
| Return on Invested Capital (TTM) | 13.21% | 20.22% |
| Net Profit Margin (TTM) | 7.98% | -2.97% |
| Operating Profit Margin (TTM) | 12.83% | 7.49% |
| Gross Profit Margin (TTM) | 28.79% | 15.41% |
Financial Strength
Current Ratio
AVY
1.03
Business Equipment & Supplies Industry
- Max
- 1.76
- Q3
- 1.76
- Median
- 1.65
- Q1
- 1.19
- Min
- 1.03
AVY’s Current Ratio of 1.03 falls into the lower quartile for the Business Equipment & Supplies industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
OI
1.24
Packaging & Containers Industry
- Max
- 1.88
- Q3
- 1.79
- Median
- 1.38
- Q1
- 1.16
- Min
- 0.80
OI’s Current Ratio of 1.24 aligns with the median group of the Packaging & Containers industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio
AVY
1.59
Business Equipment & Supplies Industry
- Max
- 0.69
- Q3
- 0.69
- Median
- 0.61
- Q1
- 0.21
- Min
- 0.01
With a Debt-to-Equity Ratio of 1.59, AVY operates with exceptionally high leverage compared to the Business Equipment & Supplies industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
OI
4.50
Packaging & Containers Industry
- Max
- 2.47
- Q3
- 2.22
- Median
- 1.22
- Q1
- 0.79
- Min
- 0.56
With a Debt-to-Equity Ratio of 4.50, OI operates with exceptionally high leverage compared to the Packaging & Containers industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
Interest Coverage Ratio
AVY
9.41
Business Equipment & Supplies Industry
- Max
- 12.58
- Q3
- 10.20
- Median
- 8.76
- Q1
- 6.65
- Min
- 2.29
AVY’s Interest Coverage Ratio of 9.41 is positioned comfortably within the norm for the Business Equipment & Supplies industry, indicating a standard and healthy capacity to cover its interest payments.
OI
1.89
Packaging & Containers Industry
- Max
- 6.21
- Q3
- 4.64
- Median
- 2.89
- Q1
- 1.61
- Min
- -0.51
OI’s Interest Coverage Ratio of 1.89 is positioned comfortably within the norm for the Packaging & Containers industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | AVY | OI |
|---|---|---|
| Current Ratio (TTM) | 1.03 | 1.24 |
| Quick Ratio (TTM) | 0.68 | 0.73 |
| Debt-to-Equity Ratio (TTM) | 1.59 | 4.50 |
| Debt-to-Asset Ratio (TTM) | 0.41 | 0.57 |
| Net Debt-to-EBITDA Ratio (TTM) | 2.32 | 6.19 |
| Interest Coverage Ratio (TTM) | 9.41 | 1.89 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AVY and OI. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AVY
1.95%
Business Equipment & Supplies Industry
- Max
- 19.11%
- Q3
- 8.38%
- Median
- 3.82%
- Q1
- 2.68%
- Min
- 2.04%
AVY’s Dividend Yield of 1.95% is below the typical range for the Business Equipment & Supplies industry. This indicates that shareholder returns are likely driven more by potential capital appreciation than by dividend income.
OI
0.00%
Packaging & Containers Industry
- Max
- 9.30%
- Q3
- 4.22%
- Median
- 2.67%
- Q1
- 1.42%
- Min
- 0.00%
OI currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
AVY
40.30%
Business Equipment & Supplies Industry
- Max
- 233.86%
- Q3
- 93.40%
- Median
- 43.44%
- Q1
- 39.85%
- Min
- 38.49%
AVY’s Dividend Payout Ratio of 40.30% is within the typical range for the Business Equipment & Supplies industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
OI
0.00%
Packaging & Containers Industry
- Max
- 223.77%
- Q3
- 154.70%
- Median
- 54.74%
- Q1
- 23.39%
- Min
- 0.00%
OI has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | AVY | OI |
|---|---|---|
| Dividend Yield (TTM) | 1.95% | 0.00% |
| Dividend Payout Ratio (TTM) | 40.30% | 0.00% |
Valuation
Price-to-Earnings Ratio
AVY
20.71
Business Equipment & Supplies Industry
- Max
- 19.85
- Q3
- 17.85
- Median
- 14.65
- Q1
- 11.60
- Min
- 10.05
At 20.71, AVY’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Business Equipment & Supplies industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
OI
-12.48
Packaging & Containers Industry
- Max
- 57.57
- Q3
- 40.45
- Median
- 25.12
- Q1
- 18.16
- Min
- 10.25
OI has a negative P/E Ratio of -12.48. This occurs when a company has negative earnings (a net loss), making the ratio unsuitable for valuation analysis.
Forward P/E to Growth Ratio
AVY
2.17
Business Equipment & Supplies Industry
- Max
- 2.08
- Q3
- 1.58
- Median
- 1.08
- Q1
- 0.82
- Min
- 0.55
AVY’s Forward PEG Ratio of 2.17 is exceptionally high for the Business Equipment & Supplies industry. This suggests its stock price is very high relative to its expected earnings growth, signaling significant overvaluation risk.
OI
0.12
Packaging & Containers Industry
- Max
- 3.19
- Q3
- 2.69
- Median
- 2.20
- Q1
- 2.02
- Min
- 2.02
OI’s Forward PEG Ratio of 0.12 is below the typical range for the Packaging & Containers industry. This is a strong indicator that the stock may be undervalued, as its price appears low given its future growth prospects.
Price-to-Sales Ratio
AVY
1.64
Business Equipment & Supplies Industry
- Max
- 1.62
- Q3
- 1.57
- Median
- 0.91
- Q1
- 0.37
- Min
- 0.20
With a P/S Ratio of 1.64, AVY trades at a valuation that eclipses even the highest in the Business Equipment & Supplies industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
OI
0.37
Packaging & Containers Industry
- Max
- 1.99
- Q3
- 1.28
- Median
- 0.99
- Q1
- 0.75
- Min
- 0.36
In the lower quartile for the Packaging & Containers industry, OI’s P/S Ratio of 0.37 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
Price-to-Book Ratio
AVY
6.67
Business Equipment & Supplies Industry
- Max
- 2.90
- Q3
- 2.90
- Median
- 1.32
- Q1
- 1.26
- Min
- 0.55
At 6.67, AVY’s P/B Ratio is at an extreme premium to the Business Equipment & Supplies industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
OI
2.16
Packaging & Containers Industry
- Max
- 5.73
- Q3
- 3.44
- Median
- 2.08
- Q1
- 1.76
- Min
- 0.55
OI’s P/B Ratio of 2.16 is within the conventional range for the Packaging & Containers industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | AVY | OI |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 20.71 | -12.48 |
| Forward PEG Ratio (TTM) | 2.17 | 0.12 |
| Price-to-Sales Ratio (P/S, TTM) | 1.64 | 0.37 |
| Price-to-Book Ratio (P/B, TTM) | 6.67 | 2.16 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 24.22 | 63.79 |
| EV-to-EBITDA (TTM) | 12.49 | 9.46 |
| EV-to-Sales (TTM) | 2.01 | 1.08 |