Avery Dennison Corp (AVY) is slightly overvalued and Ball Corp (BALL) is overvalued.
Both trade above our estimate of their intrinsic value. AVY is the closer of the two: -6%, against -20% for BALL.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $162.49; the price of $172.09 is 6% above that value, and 78% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $49.92; the price of $59.97 is 20% above that value, and 78% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | AVY | BALL |
|---|---|---|
| Verdict | Slightly overvalued | Overvalued |
| Price | $172.09 | $59.97 |
| Intrinsic value | $162.49 | $49.92 |
| Margin of safety | -6% | -20% |
| Leak Score | 59/100 (3/12) | 14/100 (3/12) |
| Market cap | $13.0B | $15.9B |
| Revenue growth, 5 years | 4.9% | 2.3% |
| Operating margin | 13.3% | 11.5% |
| Net margin | 7.6% | 6.6% |
| Return on equity | 31.2% | 17.3% |
| Debt to equity | 1.58 | 1.32 |
| P/E | 18.8x | 17.1x |
| Forward P/E | 15.4x | 13.3x |
| P/B | 5.6x | 2.8x |
| Dividend yield | 2.3% | 1.3% |