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 13,784 - -
Change - -22.16% 20.28% 2.14% 20.58% 0.63% - -
Enterprise Value (EV) 1 12,924 11,053 12,669 12,856 15,322 15,259 14,852 14,823
Change - -14.47% 14.62% 1.48% 19.18% -0.41% -2.67% -0.2%
P/E 24.8x 20.3x 20.7x 19.2x 21.4x 19.8x 17.8x 15.6x
PBR 15.7x 9.84x 8.49x 7.59x 6.63x 5.86x 4.78x 3.94x
PEG - -7.23x 1.2x 1.7x 2.35x 2x 1.6x 1.1x
Capitalization / Revenue 4.14x 2.83x 3.05x 3.01x 3.37x 3.12x 2.98x 2.83x
EV / Revenue 4.51x 3.38x 3.47x 3.41x 3.77x 3.46x 3.21x 3.04x
EV / EBITDA 20.9x 15.3x 14.8x 14x 15.2x 13.8x 12.6x 11.8x
EV / EBIT 23.9x 17.4x 15.7x 14.9x 16.2x 14.9x 13.5x 12.7x
EV / FCF 29.2x 27.9x 24.5x 22.1x 22.3x 22.1x 19.2x 17.1x
FCF Yield 3.43% 3.58% 4.08% 4.53% 4.48% 4.52% 5.21% 5.85%
Dividend per Share 2 1.44 1.64 1.8 1.92 2.04 2.23 2.427 2.741
Rate of return 1.09% 1.56% 1.42% 1.47% 1.28% 1.38% 1.5% 1.69%
EPS 2 5.34 5.19 6.12 6.82 7.44 8.185 9.11 10.4
Distribution rate 27% 31.6% 29.4% 28.2% 27.4% 27.2% 26.6% 26.4%
Net sales 1 2,867 3,272 3,651 3,772 4,067 4,414 4,631 4,874
EBITDA 1 618.4 722.9 858.5 919.1 1,008 1,103 1,176 1,258
EBIT 1 539.7 636.6 805.6 860.8 944 1,026 1,096 1,172
Net income 1 483 458 540.4 597.5 643.8 702.7 792.4 868.9
Net Debt 1 1,044 1,806 1,547 1,496 1,624 1,475 1,068 1,038
Reference price 2 132.44 105.26 126.69 130.68 159.22 162.10 162.10 162.10
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.8x3.46x13.83x1.38% 13.78B
9.09x2.43x4.75x3.06% 5.19B
14.95x1x6.49x - 3.13B
24.11x0.97x6.01x1.67% 3.01B
17.2x0.58x4.43x4.16% 1.86B
81.61x - - - 1.48B
29.43x - - - 1.36B
22.53x - - - 1.32B
29.2x1.3x12.11x0.48% 1.12B
Average 27.55x 1.62x 7.94x 2.15% 3.58B
Weighted average by Cap. 21.53x 2.45x 9.81x 1.93%

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

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