https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.pdf
Microsoft PowerPoint - AVNT Q3 2021 Earnings Presentation - WEBSITE
AVIENT CORPORATION
T H I R D Q U A R T E R 2 0 2 1 R E S U LT S
(NYSE: AVNT)
O C T O B E R 2 8 , 2 0 2 1
DISCLAIMER
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
D
is
t.
)
Avient reflects 2021 estimated revenue of $4,750M and estimated CAPEX of $80M (excludes one-time synergy capture CAPEX of $20M)
Avient Specialty
Other
Free Cash Flow Conversion (1)
2021E (%)
Being asset light helps us to generate
strong free cash flow that is in line
with specialty formulators.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
HIGH FREE CASH FLOW
CONVERSION
Avient reflects 2021 estimated EBITDA of $580M and estimated CAPEX of $80M (excludes one-time synergy capture CAPEX of $20M)
86
92
85
82
79 77
74
89
83 82
80 79 79 78 78
72
33
en
t
(12)
Total Enterprise Value / 2021E EBITDA
Our current valuation with updated
guidance implies an EBITDA multiple
that is below specialty formulator
peers and the median of other
selected chemical / specialty
companies.
https://www.avient.com/resources/safety-data-sheets?page=438
FB410 Black
DP-9238-2-1000
BLACK
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UV LACROSSE BLACK NY
SHIMMER PINK - 2
201B BLACK/SM/SG899 25:1
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BEIGE UV
UV AMBER V2
TRANS BLACK 2
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BLACK AO
GREYSTONE 77963 2
GREEN UV
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UV BLACK/SILVER SPARKLE
UV MET GRAY 10102C
WHITE E-LUX 2
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SPECTRACIDE BLACK PET 2
UV AQUA 321
PVC SILVER UV
https://www.avient.com/resources/safety-data-sheets?page=6453
BLUE 286C 10%LT 2
SANTO 90 BLACK CMPD
PELLA WHITE CL00301 W/UV
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UV GOLD URE
BLACK DENSIFIER PCR
STAN-TONE HCC-33099 MUSHROOM 2
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NON-METALLIC SIERRA BLACK
PE YELLOW 2
WHITE W/UV