XNYSAVNT
Market cap3.49bUSD
Jan 10, Last price
38.16USD
1D
-1.62%
1Q
-21.34%
Jan 2017
19.10%
Name
Avient Corp
Chart & Performance
Profile
Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through three segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks. This segment products are used in various markets include medical, pharmaceutical devices, food packaging, personal care, cosmetics, transportation, building products, recreational, athletic apparel, construction, filtration, outdoor furniture, healthcare, wire, and cable. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology to thermoset and thermoplastic composites. The Distribution segment distributes approximately 4,000 grades of engineering and commodity grade resins to custom injection molders and extruders. The company sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 3,142,800 -7.48% | 3,396,900 -29.51% | |||||||
Cost of revenue | 2,330,400 | 2,599,100 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 812,400 | 797,800 | |||||||
NOPBT Margin | 25.85% | 23.49% | |||||||
Operating Taxes | 11,000 | (19,300) | |||||||
Tax Rate | 1.35% | ||||||||
NOPAT | 801,400 | 817,100 | |||||||
Net income | 75,700 -8.90% | 83,100 -63.99% | |||||||
Dividends | (90,200) | (86,800) | |||||||
Dividend yield | 2.36% | 2.79% | |||||||
Proceeds from repurchase of equity | (3,400) | (36,400) | |||||||
BB yield | 0.09% | 1.17% | |||||||
Debt | |||||||||
Debt current | 42,700 | 19,200 | |||||||
Long-term debt | 2,173,500 | 2,275,500 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 743,200 | 302,700 | |||||||
Net debt | 1,670,400 | 1,653,600 | |||||||
Cash flow | |||||||||
Cash from operating activities | 201,600 | 398,400 | |||||||
CAPEX | (119,400) | (105,500) | |||||||
Cash from investing activities | (94,200) | (504,000) | |||||||
Cash from financing activities | (201,700) | 166,400 | |||||||
FCF | 715,800 | 697,300 | |||||||
Balance | |||||||||
Cash | 545,800 | 641,100 | |||||||
Long term investments | |||||||||
Excess cash | 388,660 | 471,255 | |||||||
Stockholders' equity | 1,740,800 | 1,767,300 | |||||||
Invested Capital | 4,848,940 | 4,298,945 | |||||||
ROIC | 17.52% | 20.36% | |||||||
ROCE | 15.51% | 15.60% | |||||||
EV | |||||||||
Common stock shares outstanding | 91,800 | 92,200 | |||||||
Price | 41.57 23.13% | 33.76 -39.66% | |||||||
Market cap | 3,816,126 22.60% | 3,112,672 -39.59% | |||||||
EV | 5,505,326 | 4,784,572 | |||||||
EBITDA | 1,001,200 | 960,900 | |||||||
EV/EBITDA | 5.50 | 4.98 | |||||||
Interest | 115,300 | 119,800 | |||||||
Interest/NOPBT | 14.19% | 15.02% |