Allegion Plc

  • Earnings Score
  • Moat Score
  • Safety Score
  • Final Score
  • Market Cap $12.28B
  • PE 21
  • Debt $2.83B
  • Cash $878.90M
  • EV $14.24B
  • FCF $584.00M

Earnings

loading chart...

Sales & Net Margins

loading chart...
Earnings$572.00M
EBIT$755.80M
ROE36%
ROA15%
FCF$584.00M
Equity$1.57B
Growth Stability85%
PE21.48
PEG1.63
PB7.82
P/FCF21.04
P/S3.3
Price/Cash0.07
Debt/Equity1.8
Debt/FCF4.85
Net Margins16%
Gross Margins44%
Op. Margins20%
Earnings CAGR13%
Sales Growth YoY5%
Sales Growth QoQ0%
Sales CAGR6%
FCF CAGR8%
Equity CAGR50%
Earnings Stability0.79
Earnings Growth YoY11%
Earnings Growth QoQ12%
Earnings CAGR 5Y13%
Sales CAGR 5Y8%
FCF CAGR 5Y2%
Equity CAGR 5Y18%
Earnings CAGR 3Y11%
Sales CAGR 3Y11%
FCF CAGR 3Y20%
Equity CAGR 3Y34%
Market Cap$12.28B
Revenue$3.72B
Dividend Yield1%
Payout Ratio29%
Assets$4.97B
Total Debt$2.83B
Cash$878.90M
Shares Outstanding86.92M
EV14.24B
Earnings Score92%
Moat Score96%
Safety Score80%
Final Score89%
Working Capital770.9M
Current Ratio1.71
Gross Profit$1.64B
Shares Growth 3y-0%
Equity Growth QoQ10%
Equity Growth YoY28%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...
Allegion is a global security products company with a portfolio of leading brands, such as Schlage, von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2021, Allegion generated 68% of sales in the United States. The company mainly competes with Swedish-based Assa Abloy AB and Switzerland-based Dormakaba.

SEC Filings

Direct access to Allegion Plc (ALLE) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2023
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2022
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31

Sector Comparison

How does Allegion Plc compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Allegion Plc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 13%
Stability 79%
loading chart...

Allegion Plc Discounted Cash Flow

Fully customizable DCF calculator online for Allegion Plc.

= $9.9B
012345678910TV
fcf$584M$628M$676M$728M$783M$843M$907M$976M$1B$1.1B$1.2B$12B
DCF$571M$559M$547M$535M$523M$512M$501M$490M$479M$469M$4.7B
Value$9.9B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12/201412/201512/201612/201712/201812/201912/202012/202112/202212/2023TTM
Net Margins8%7%10%11%16%14%12%17%14%15%16%
ROA-16%19%19%19%19%13%17%15%16%15%
ROE-518%197%67%66%53%38%63%48%41%36%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12/201412/201512/201612/201712/201812/201912/202012/202112/202212/2023TTM
Debt over FCF-6.954.375.133.653.413.253.35.364.724.85
Debt over Equity68.3652.0312.583.772.281.891.731.922.241.851.8
Growth Stability---100%100%100%85%100%100%100%85%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12/201412/201512/201612/201712/201812/201912/202012/202112/202212/2023CAGR 5Y
Revenue YoY growth--2%8%8%13%4%-5%5%14%12%8%
Earnings YoY growth--11%49%19%59%-8%-22%54%-5%18%13%
Equity YoY growth-61%292%248%61%16%9%-8%24%40%18%
FCF YoY growth-7%51%-11%37%3%5%0%-11%31%2%