Avient Statistics
Total Valuation
Avient has a market cap or net worth of $3.86 billion. The enterprise value is $5.49 billion.
| Market Cap | 3.86B |
| Enterprise Value | 5.49B |
Important Dates
The next estimated earnings date is Thursday, July 25, 2024, before market open.
| Earnings Date | Jul 25, 2024 |
| Ex-Dividend Date | Jun 21, 2024 |
Share Statistics
Avient has 91.26 million shares outstanding. The number of shares has increased by 0.22% in one year.
| Shares Outstanding | 91.26M |
| Shares Change (YoY) | +0.22% |
| Shares Change (QoQ) | +0.22% |
| Owned by Insiders (%) | 1.90% |
| Owned by Institutions (%) | 96.78% |
| Float | 89.67M |
Valuation Ratios
The trailing PE ratio is 36.47 and the forward PE ratio is 15.49. Avient's PEG ratio is 0.72.
| PE Ratio | 36.47 |
| Forward PE | 15.49 |
| PS Ratio | 1.23 |
| Forward PS | 1.16 |
| PB Ratio | 1.66 |
| P/FCF Ratio | 57.53 |
| PEG Ratio | 0.72 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.05, with an EV/FCF ratio of 81.89.
| EV / Earnings | 52.23 |
| EV / Sales | 1.76 |
| EV / EBITDA | 13.05 |
| EV / EBIT | 23.05 |
| EV / FCF | 81.89 |
Financial Position
The company has a current ratio of 1.90, with a Debt / Equity ratio of 0.90.
| Current Ratio | 1.90 |
| Quick Ratio | 1.26 |
| Debt / Equity | 0.90 |
| Debt / EBITDA | 4.94 |
| Debt / FCF | 30.98 |
| Interest Coverage | 2.11 |
Financial Efficiency
Return on equity (ROE) is 4.50% and return on invested capital (ROIC) is 4.46%.
| Return on Equity (ROE) | 4.50% |
| Return on Assets (ROA) | 1.80% |
| Return on Capital (ROIC) | 4.46% |
| Revenue Per Employee | $336,140 |
| Profits Per Employee | $11,312 |
| Employee Count | 9,300 |
| Asset Turnover | 0.53 |
| Inventory Turnover | 6.07 |
Taxes
In the past 12 months, Avient has paid $20.10 million in taxes.
| Income Tax | 20.10M |
| Effective Tax Rate | 16.04% |
Stock Price Statistics
The stock price has increased by +2.92% in the last 52 weeks. The beta is 1.54, so Avient's price volatility has been higher than the market average.
| Beta (5Y) | 1.54 |
| 52-Week Price Change | +2.92% |
| 50-Day Moving Average | 44.14 |
| 200-Day Moving Average | 39.08 |
| Relative Strength Index (RSI) | 39.61 |
| Average Volume (20 Days) | 501,429 |
Short Selling Information
The latest short interest is 1.02 million, so 1.11% of the outstanding shares have been sold short.
| Short Interest | 1.02M |
| Short Previous Month | 1.25M |
| Short % of Shares Out | 1.11% |
| Short % of Float | 1.13% |
| Short Ratio (days to cover) | 3.05 |
Income Statement
In the last 12 months, Avient had revenue of $3.13 billion and earned $105.20 million in profits. Earnings per share was $1.16.
| Revenue | 3.13B |
| Gross Profit | 923.10M |
| Operating Income | 233.70M |
| Pretax Income | 125.30M |
| Net Income | 105.20M |
| EBITDA | 421.00M |
| EBIT | 238.40M |
| Earnings Per Share (EPS) | $1.16 |
Balance Sheet
The company has $444.30 million in cash and $2.08 billion in debt, giving a net cash position of -$1.63 billion or -$17.91 per share.
| Cash & Cash Equivalents | 444.30M |
| Total Debt | 2.08B |
| Net Cash | -1.63B |
| Net Cash Per Share | -$17.91 |
| Equity (Book Value) | 2.32B |
| Book Value Per Share | 25.44 |
| Working Capital | 658.60M |
Cash Flow
In the last 12 months, operating cash flow was $181.00 million and capital expenditures -$113.90 million, giving a free cash flow of $67.10 million.
| Operating Cash Flow | 181.00M |
| Capital Expenditures | -113.90M |
| Free Cash Flow | 67.10M |
| FCF Per Share | $0.74 |
Margins
Gross margin is 29.53%, with operating and profit margins of 7.48% and 3.37%.
| Gross Margin | 29.53% |
| Operating Margin | 7.48% |
| Pretax Margin | 4.01% |
| Profit Margin | 3.37% |
| EBITDA Margin | 13.47% |
| EBIT Margin | 7.63% |
| FCF Margin | 2.15% |
Dividends & Yields
This stock pays an annual dividend of $1.03, which amounts to a dividend yield of 2.44%.
| Dividend Per Share | $1.03 |
| Dividend Yield | 2.44% |
| Dividend Growth (YoY) | 4.08% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 88.79% |
| Buyback Yield | -0.22% |
| Shareholder Yield | 2.22% |
| Earnings Yield | 2.73% |
| FCF Yield | 1.74% |
Analyst Forecast
The average price target for Avient is $46.20, which is 9.22% higher than the current price. The consensus rating is "Buy".
| Price Target | $46.20 |
| Price Target Difference | 9.22% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 18, 1996. It was a forward split with a ratio of 3:2.
| Last Split Date | Jun 18, 1996 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 7 |