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AVY vs. NDSN

Last updated May 27, 2023

Compare and contrast key facts about Avery Dennison Corporation (AVY) and Nordson Corporation (NDSN).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVY or NDSN.

Key characteristics


AVYNDSN
YTD Return-9.59%-6.58%
1Y Return-1.88%3.62%
5Y Return (Ann)10.41%12.70%
10Y Return (Ann)16.25%13.47%
Sharpe Ratio0.010.16
Daily Std Dev30.28%28.28%
Max Drawdown-73.03%-73.62%

Fundamentals


AVYNDSN
Market Cap$13.22B$12.43B
EPS$8.31$8.90
PE Ratio19.6124.40
PEG Ratio2.271.86
Revenue (TTM)$8.76B$2.61B
Gross Profit (TTM)$2.40B$1.43B
EBITDA (TTM)$1.27B$788.06M

Correlation

0.34
-1.001.00

The correlation between AVY and NDSN is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

AVY vs. NDSN - Performance Comparison

In the year-to-date period, AVY achieves a -9.59% return, which is significantly higher than NDSN's -6.58% return. Over the past 10 years, AVY has outperformed NDSN with an annualized return of 16.25%, while NDSN has yielded a comparatively lower 13.47% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


5,000.00%10,000.00%15,000.00%20,000.00%25,000.00%December2023FebruaryMarchAprilMay
5,228.95%
24,004.36%
AVY
NDSN

Compare stocks, funds, or ETFs


Avery Dennison Corporation

Nordson Corporation

AVY vs. NDSN - Dividend Comparison

AVY's dividend yield for the trailing twelve months is around 2.26%, more than NDSN's 1.64% yield.


TTM20222021202020192018201720162015201420132012
AVY
Avery Dennison Corporation
2.26%1.63%1.25%1.57%1.82%2.41%1.68%2.55%2.66%3.02%2.73%3.82%
NDSN
Nordson Corporation
1.64%0.98%0.72%0.79%0.93%1.14%0.82%0.97%1.54%1.12%0.98%0.97%

AVY vs. NDSN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Avery Dennison Corporation (AVY) and Nordson Corporation (NDSN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AVY
Avery Dennison Corporation
0.01
NDSN
Nordson Corporation
0.16

AVY vs. NDSN - Sharpe Ratio Comparison

The current AVY Sharpe Ratio is 0.01, which is lower than the NDSN Sharpe Ratio of 0.16. The chart below compares the 12-month rolling Sharpe Ratio of AVY and NDSN.


-0.40-0.200.000.200.40December2023FebruaryMarchAprilMay
0.01
0.16
AVY
NDSN

AVY vs. NDSN - Drawdown Comparison

The maximum AVY drawdown for the period was -26.62%, roughly equal to the maximum NDSN drawdown of -23.49%. The drawdown chart below compares losses from any high point along the way for AVY and NDSN


-25.00%-20.00%-15.00%-10.00%December2023FebruaryMarchAprilMay
-26.62%
-16.95%
AVY
NDSN

AVY vs. NDSN - Volatility Comparison

Avery Dennison Corporation (AVY) has a higher volatility of 5.93% compared to Nordson Corporation (NDSN) at 5.17%. This indicates that AVY's price experiences larger fluctuations and is considered to be riskier than NDSN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%18.00%December2023FebruaryMarchAprilMay
5.93%
5.17%
AVY
NDSN