https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Microsoft PowerPoint - AVNT Fermium Conference - May 2023
AVIENT CORPORATION
I N V E S T O R P R E S E N T A T I O N
(NYSE: AVNT)
M A Y 4 , 2 0 2 3
H O S T E D B Y :
D I S C L A I M E R
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
2023E(%)
36
79
87
83 81
76
73
90
79 77 76
73
69
60
22
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
A
V
Y
R
P
M
F
M
C
C
E
H
X
L
A
S
H
E
C
L
H
U
N
E
M
N
S
C
L
M U LT I P L E E X PA N S I O N
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
Source: Peer data per Bloomberg as of April 28, 2023
Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.51.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years.
37
EV / 2023E EBITDA
Historic Multiple
6.5
8.3
9.9
14.6
13.7
13.0
11.9
8.8
18.7
17.4
11.8
10.0 9.7
9.1
8.0 7.9
A
vi
e
n
t
(2
0
1
1
)
A
vi
e
n
t
(2
0
1
8
)
A
vi
e
n
t
(2
0
2
3
)
K
W
R
P
P
G
R
P
M
A
V
Y
F
U
L
E
C
L
H
X
L
F
M
C
A
S
H
S
C
L
C
E
E
M
N
H
U
N
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/resources/safety-data-sheets?page=6439
PE4125 B1 T/F HDPE BLACK
CORE(TM) DB5181 YELLOW C LO TEMP FR
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2023-08/Gravi-Tech Formulations - Hearing Protection Headset - Case Study Snapshot.pdf
S A F E T Y E Q U I P M E N T
M A N U FAC T U R E R
H E A R I N G P R O T E C T I O N
H E A D S E T
• High performing acoustic solution
• Lightweight material
• Good surface aspect
• Lost cost solution
• Met acoustic test and chemical resistance
requirements
https://www.avient.com/resources/safety-data-sheets?page=1241
DB1574A BLACK
T MM205AG356 AQUA GREEN #356
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=3811
X PP-H-05G Black
JA6A/BLACK/LG9000
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=2475
UV Black Umber 3
PP-H-30T BLACK
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=1296
PP-H-20T-60053L
DB3838 MATTE BLACK
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=2750
BLACK HF PE
PA 6 30 H
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=5090
DC BLACK
PE T-AURORA PINK
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=5296
BLACK UV
BLUE ABS FR 276C T
PP FR 8-6 LMS-1000