Avient Corporation (AVNT)
Total Valuation
Avient has a market cap or net worth of $3.95 billion. The enterprise value is $5.54 billion.
Market Cap | 3.95B |
Enterprise Value | 5.54B |
Important Dates
The next estimated earnings date is Wednesday, May 1, 2024, before market open.
Earnings Date | May 1, 2024 |
Ex-Dividend Date | Mar 18, 2024 |
Share Statistics
Avient has 91.18 million shares outstanding. The number of shares has decreased by -0.43% in one year.
Shares Outstanding | 91.18M |
Shares Change (YoY) | -0.43% |
Shares Change (QoQ) | -0.11% |
Owned by Insiders (%) | 1.73% |
Owned by Institutions (%) | 97.15% |
Float | 89.62M |
Valuation Ratios
The trailing PE ratio is 52.29 and the forward PE ratio is 16.78. Avient's PEG ratio is 0.72.
PE Ratio | 52.29 |
Forward PE | 16.78 |
PS Ratio | 1.26 |
Forward PS | 1.20 |
PB Ratio | 1.70 |
P/FCF Ratio | 43.98 |
PEG Ratio | 0.72 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.18, with an EV/FCF ratio of 61.73.
EV / Earnings | 73.22 |
EV / Sales | 1.76 |
EV / EBITDA | 14.18 |
EV / EBIT | 27.44 |
EV / FCF | 61.73 |
Financial Position
The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.92.
Current Ratio | 1.82 |
Quick Ratio | 1.22 |
Debt / Equity | 0.92 |
Debt / EBITDA | 5.48 |
Debt / FCF | 23.83 |
Interest Coverage | 1.75 |
Financial Efficiency
Return on equity (ROE) is 3.30% and return on invested capital (ROIC) is 3.85%.
Return on Equity (ROE) | 3.30% |
Return on Assets (ROA) | 1.30% |
Return on Capital (ROIC) | 3.85% |
Revenue Per Employee | $337,935 |
Profits Per Employee | $8,140 |
Employee Count | 9,300 |
Asset Turnover | 0.53 |
Inventory Turnover | 6.25 |
Taxes
In the past 12 months, Avient has paid $11.00 million in taxes.
Income Tax | 11.00M |
Effective Tax Rate | 12.69% |
Stock Price Statistics
The stock price has increased by +10.75% in the last 52 weeks. The beta is 1.53, so Avient's price volatility has been higher than the market average.
Beta (1Y) | 1.53 |
52-Week Price Change | +10.75% |
50-Day Moving Average | 38.99 |
200-Day Moving Average | 37.65 |
Relative Strength Index (RSI) | 66.86 |
Average Volume (30 Days) | 440,713 |
Short Selling Information
The latest short interest is 1.17 million, so 1.28% of the outstanding shares have been sold short.
Short Interest | 1.17M |
Short Previous Month | 1.19M |
Short % of Shares Out | 1.28% |
Short % of Float | 1.30% |
Short Ratio (days to cover) | 3.20 |
Income Statement
In the last 12 months, Avient had revenue of $3.14 billion and earned $75.70 million in profits. Earnings per share was $0.83.
Revenue | 3.14B |
Gross Profit | 892.50M |
Operating Income | 196.80M |
Pretax Income | 86.70M |
Net Income | 75.70M |
EBITDA | 390.80M |
EBIT | 202.00M |
Earnings Per Share (EPS) | $0.83 |
Balance Sheet
The company has $545.80 million in cash and $2.14 billion in debt, giving a net cash position of -$1.59 billion or -$17.48 per share.
Cash & Cash Equivalents | 545.80M |
Total Debt | 2.14B |
Net Cash | -1.59B |
Net Cash Per Share | -$17.48 |
Equity / Book Value | 2.32B |
Book Value Per Share | 25.44 |
Working Capital | 634.00M |
Cash Flow
In the last 12 months, operating cash flow was $201.60 million and capital expenditures -$111.80 million, giving a free cash flow of $89.80 million.
Operating Cash Flow | 201.60M |
Capital Expenditures | -111.80M |
Free Cash Flow | 89.80M |
FCF Per Share | $0.99 |
Margins
Gross margin is 28.40%, with operating and profit margins of 6.26% and 2.41%.
Gross Margin | 28.40% |
Operating Margin | 6.26% |
Pretax Margin | 2.76% |
Profit Margin | 2.41% |
EBITDA Margin | 12.43% |
EBIT Margin | 6.43% |
FCF Margin | 2.86% |
Dividends & Yields
This stock pays an annual dividend of $1.03, which amounts to a dividend yield of 2.37%.
Dividend Per Share | $1.03 |
Dividend Yield | 2.37% |
Dividend Growth (YoY) | 4.12% |
Years of Dividend Growth | 12 |
Payout Ratio | 124.10% |
Buyback Yield | 0.43% |
Shareholder Yield | 2.81% |
Earnings Yield | 1.92% |
FCF Yield | 2.27% |
Analyst Forecast
The average price target for Avient is $42.33, which is -2.47% lower than the current price. The consensus rating is "Hold".
Price Target | $42.33 |
Price Target Difference | -2.47% |
Analyst Consensus | Hold |
Analyst Count | 3 |
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
Avient has an Altman Z-Score of 1.84 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 1.84 |
Piotroski F-Score | 8 |