Company Valuation: Allegion plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,879 9,247 11,122 11,360 13,698 13,041 - -
Change - -22.16% 20.28% 2.14% 20.58% -4.79% - -
Enterprise Value (EV) 1 12,924 11,053 12,669 12,856 15,322 14,539 13,958 13,946
Change - -14.47% 14.62% 1.48% 19.18% -5.11% -4% -0.08%
P/E 24.8x 20.3x 20.7x 19.2x 21.4x 18.8x 17x 14.9x
PBR 15.7x 9.84x 8.49x 7.59x 6.63x 5.67x 4.38x 3.46x
PEG - -7.23x 1.2x 1.7x 2.35x 1.97x 1.6x 1.1x
Capitalization / Revenue 4.14x 2.83x 3.05x 3.01x 3.37x 2.96x 2.82x 2.68x
EV / Revenue 4.51x 3.38x 3.47x 3.41x 3.77x 3.3x 3.02x 2.87x
EV / EBITDA 20.9x 15.3x 14.8x 14x 15.2x 13.2x 11.9x 11.2x
EV / EBIT 23.9x 17.4x 15.7x 14.9x 16.2x 14.2x 12.8x 11.9x
EV / FCF 29.2x 27.9x 24.5x 22.1x 22.3x 21.1x 18.1x 16.1x
FCF Yield 3.43% 3.58% 4.08% 4.53% 4.48% 4.74% 5.54% 6.22%
Dividend per Share 2 1.44 1.64 1.8 1.92 2.04 2.251 2.427 2.818
Rate of return 1.09% 1.56% 1.42% 1.47% 1.28% 1.47% 1.58% 1.84%
EPS 2 5.34 5.19 6.12 6.82 7.44 8.152 9.025 10.27
Distribution rate 27% 31.6% 29.4% 28.2% 27.4% 27.6% 26.9% 27.4%
Net sales 1 2,867 3,272 3,651 3,772 4,067 4,412 4,628 4,864
EBITDA 1 618.4 722.9 858.5 919.1 1,008 1,101 1,171 1,250
EBIT 1 539.7 636.6 805.6 860.8 944 1,025 1,094 1,171
Net income 1 483 458 540.4 597.5 643.8 706.4 802.8 869.4
Net Debt 1 1,044 1,806 1,547 1,496 1,624 1,498 916.3 905.2
Reference price 2 132.44 105.26 126.69 130.68 159.22 153.36 153.36 153.36
Nbr of stocks (in thousands) 89,696 87,845 87,788 86,929 86,032 85,037 - -
Announcement Date 2/15/22 2/22/23 2/20/24 2/18/25 2/17/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.1x0.97x8.39x - 5.23B
8.59x2.4x4.63x3.12% 5.11B
23.09x0.93x5.78x1.74% 2.86B
16.54x0.53x4.23x4.32% 1.71B
46.38x - - - 1.4B
27.63x - - - 1.28B
19.71x - - - 1.15B
29.36x1.31x12.04x0.49% 1.11B
Average 23.92x 1.23x 7.01x 2.42% 2.48B
Weighted average by Cap. 20.09x 1.40x 6.53x 2.68%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield