AVY vs. NDSN
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
| AVY | NDSN | |
|---|---|---|
| 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 Ratio | 0.01 | 0.16 |
| Daily Std Dev | 30.28% | 28.28% |
| Max Drawdown | -73.03% | -73.62% |
Fundamentals
| AVY | NDSN | |
|---|---|---|
| Market Cap | $13.22B | $12.43B |
| EPS | $8.31 | $8.90 |
| PE Ratio | 19.61 | 24.40 |
| PEG Ratio | 2.27 | 1.86 |
| Revenue (TTM) | $8.76B | $2.61B |
| Gross Profit (TTM) | $2.40B | $1.43B |
| EBITDA (TTM) | $1.27B | $788.06M |
Correlation
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.
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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.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AVY Avery Dennison Corporation | 0.01 | ||||
NDSN Nordson Corporation | 0.16 |
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
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.