https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
With the Clariant Masterbatch
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
25
Avient reflects 2021 estimated EBITDA of $580M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
9.5
18.5
15.1 15.1
14.0
11.0 10.4
29.5
28.2
23.9
18.7
12.4 12.2
11.1
9.3 9.2 9.2
7.6 7.6
6.0
A
vi
e
n
t
K
W
R
P
P
G
A
V
Y
R
P
M
F
U
L
G
C
P
A
L
B
H
X
L
E
C
L
IF
F
F
M
C
B
N
R
A
S
H
S
C
L
E
M
N
U
N
V
R
K
R
A
C
E
H
U
N
Median: 11.1xMedian: 14.6x
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/sites/default/files/2021-06/avient-ir-presentation-may-2021-w-non-gaap-recs.pdf
With the Clariant Masterbatch
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
28
Avient reflects 2021 estimated EBITDA of $560M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
10.2
17.7
16.0
14.9 14.6
11.6 11.1
26.7
24.0
22.8
14.3
12.7
11.5 11.2 11.1 11.0 10.3 10.1
9.5 9.4
8.3
7.0
A
vi
e
n
t
K
W
R
A
V
Y
R
P
M
P
P
G
G
C
P
F
U
L
A
L
B
H
X
L
E
C
L
IF
F
F
M
C
B
N
R
A
S
H
G
R
A
F
O
E
S
C
L
E
M
N
U
N
V
R
C
E
K
R
A
H
U
N
Median: 11.1xMedian: 14.8x
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/resources/safety-data-sheets?page=5475
BLUE FR/AO/UV
BLACK FR/AO/UV
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=5973
PP GRAY 100% PCR
SAFETY YELLOW FR
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=2729
UV RED 187 PP HM
TRILLIANT HC2020-0001 FR COOL GRAY 3C
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=2826
441736 ORANGE PP
DB4258 NEUTRAL LOW VISC FR
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=3832
PP FR 8-6A 8488 Electrolux Gray Conc 4%
GREY PP 432C
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=6776
XBERGAMID FR BF6000-5001 RS NHFR HS NAT
PP TRL.
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=1552
FB510 BT-HENDEE BLUE FR/UV
PP FROST 2
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=7013
PEACH FUZZ PBT/PC FR CMPD
BLUE PP HC
PP FR 8-6 LMS-1000