AI Spotlight on AVNT
Company Description
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.
Market Data
Last Price | 43.37 |
Change Percentage | -1.09% |
Open | 43.34 |
Previous Close | 43.85 |
Market Cap ( Millions) | 3962 |
Volume | 67830 |
Year High | 54.68 |
Year Low | 35.58 |
M A 50 | 45.31 |
M A 200 | 45.75 |
Financial Ratios
FCF Yield | 4.13% |
Dividend Yield | 2.40% |
ROE | 6.43% |
Debt / Equity | 87.50% |
Net Debt / EBIDTA | 288.88% |
Price To Book | 1.68 |
Price Earnings Ratio | 26.43 |
Price To FCF | 24.24 |
Price To sales | 1.23 |
EV / EBITDA | 10.22 |
News
- Jan -29 - 4 Chemical Stocks Poised to Outshine Q4 Earnings Estimates
- Jan -22 - Avient Stock: Manufacturing Play With Double-Digit Upside
- Jan -14 - Avient To Hold Fourth Quarter 2024 Conference Call
- Jan -11 - 3 Ideal Buys From 51 'Safer' Dividends In 100 January Barron's Sustainable Dogs
- Dec -05 - 17 Upcoming Dividend Increases, Including A King
- Nov -13 - Avient: Specialization Strategy Is Growing Margins And Driving The Bottom-Line Growth
- Nov -04 - Avient Announces Registration Details for December 4th Investor Day
- Oct -31 - Avient Corporation (AVNT) Q3 2024 Earnings Call Transcript
- Oct -31 - Avient (AVNT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Oct -31 - Avient (AVNT) Surpasses Q3 Earnings and Revenue Estimates
- Oct -31 - Avient Announces Third Quarter 2024 Results
- Oct -11 - Best Income Stocks to Buy for October 11th
- Oct -09 - Avient Announces Fourteenth Consecutive Annual Dividend Increase
- Oct -08 - Are Basic Materials Stocks Lagging Avient (AVNT) This Year?
- Oct -03 - Avient To Hold Third Quarter 2024 Conference Call
- Sep -30 - Avient Stock Scales Fresh 52-week High: What's Driving It?
- Sep -06 - Avient Prices $650 Million Senior Notes Offering Due 2031
- Sep -05 - Avient Announces Pricing of $650 Million 6.250% Senior Notes due 2031
- Sep -05 - Avient Announces Commencement of $650 Million Senior Notes Offering
- Aug -27 - Avient's Shares Scale Fresh 52-week High: What's Driving the Stock?
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Color, Additives and Inks
Expected Growth : 4.5 %
What the company do ?
Avient Corporation's Color, Additives, and Inks segment provides specialized materials for plastics, including color concentrates, additives, and inks for various industrial applications.
Why we expect these perspectives ?
Avient Corporation's Color, Additives and Inks segment growth of 4.5% is driven by increasing demand for sustainable and specialty materials, growth in packaging and healthcare industries, and expansion in emerging markets. Additionally, the company's innovative product offerings, such as its sustainable colorant solutions, and strategic acquisitions are contributing to the segment's growth.
Segment nΒ°2 -> Specialty Engineered Materials
Expected Growth : 5.5 %
What the company do ?
Specialty Engineered Materials from Avient Corporation provide high-performance materials for various industries, including transportation, healthcare, and consumer goods, offering customized solutions for specific applications.
Why we expect these perspectives ?
Avient Corporation's Specialty Engineered Materials segment growth of 5.5% is driven by increasing demand for sustainable and lightweight materials in the automotive and aerospace industries, as well as growing adoption of advanced composites in industrial and consumer applications.
Segment nΒ°3 -> Corporate
Expected Growth : 3.5 %
What the company do ?
Avient Corporation's Corporate segment provides specialty chemicals and materials for various industries, including automotive, construction, and consumer goods.
Why we expect these perspectives ?
Avient Corporation's 3.5% corporate growth is driven by increasing demand for sustainable materials, expansion in emerging markets, and strategic acquisitions. The company's focus on specialty chemicals and compounding also contributes to growth, as well as its ability to pass on raw material costs to customers.
Avient Corporation Products
Product Range | What is it ? |
---|---|
Color and Additives | Avient Corporation offers a wide range of color and additive solutions for plastics, including color concentrates, specialty additives, and liquid colorants. |
Specialty Engineered Materials | Avient Corporation provides specialty engineered materials, including thermoplastic elastomers, thermoplastic vulcanizates, and alloys, for various industrial applications. |
Distribution | Avient Corporation distributes a broad portfolio of plastics and chemicals from leading suppliers, offering a one-stop-shop solution for customers. |
Sustainable Solutions | Avient Corporation offers sustainable solutions, including bioplastics, recycled materials, and eco-friendly additives, to help customers reduce their environmental footprint. |
Formulation and Design | Avient Corporation provides formulation and design services to help customers develop customized material solutions for their specific applications. |
Avient Corporation's Porter Forces
Threat Of Substitutes
Avient Corporation operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative materials and technologies.
Bargaining Power Of Customers
Avient Corporation's customers have limited bargaining power due to the company's strong market position and diversified customer base.
Bargaining Power Of Suppliers
Avient Corporation's suppliers have moderate bargaining power due to the availability of alternative suppliers and the company's dependence on certain raw materials.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the specialty chemicals industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The specialty chemicals industry is highly competitive, with several established players competing for market share, leading to a high intensity of rivalry.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
Value | |
---|---|
Debt Weight | 47.48% |
Debt Cost | 8.24% |
Equity Weight | 52.52% |
Equity Cost | 11.67% |
WACC | 10.04% |
Leverage | 90.40% |
Avient Corporation : Quality Control
Avient Corporation passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
ESI | Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment β¦ |
MTX | Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company operates through three segments: Performance Materials, Specialty Minerals β¦ |
KWR | Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications. The company operates through four segments: Americas; Europe, Middle β¦ |
AXTA | Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates β¦ |
FUL | H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. The company operates through three segments: β¦ |