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 11,986 - -
Change - -22.16% 20.28% 2.14% 20.58% -12.5% - -
Enterprise Value (EV) 1 12,924 11,053 12,669 12,856 15,322 13,418 13,000 13,021
Change - -14.47% 14.62% 1.48% 19.18% -12.43% -3.12% 0.16%
P/E 24.8x 20.3x 20.7x 19.2x 21.4x 17.2x 15.6x 13.6x
PBR 15.7x 9.84x 8.49x 7.59x 6.63x 4.86x 3.94x 3.15x
PEG - -7.23x 1.2x 1.7x 2.35x 1.9x 1.5x 1x
Capitalization / Revenue 4.14x 2.83x 3.05x 3.01x 3.37x 2.73x 2.6x 2.48x
EV / Revenue 4.51x 3.38x 3.47x 3.41x 3.77x 3.06x 2.82x 2.7x
EV / EBITDA 20.9x 15.3x 14.8x 14x 15.2x 12.3x 11.2x 10.4x
EV / EBIT 23.9x 17.4x 15.7x 14.9x 16.2x 13.2x 12x 11.3x
EV / FCF 29.2x 27.9x 24.5x 22.1x 22.3x 19.7x 17x 15.2x
FCF Yield 3.43% 3.58% 4.08% 4.53% 4.48% 5.07% 5.88% 6.56%
Dividend per Share 2 1.44 1.64 1.8 1.92 2.04 2.229 2.416 2.806
Rate of return 1.09% 1.56% 1.42% 1.47% 1.28% 1.6% 1.73% 2.01%
EPS 2 5.34 5.19 6.12 6.82 7.44 8.112 8.956 10.23
Distribution rate 27% 31.6% 29.4% 28.2% 27.4% 27.5% 27% 27.4%
Net sales 1 2,867 3,272 3,651 3,772 4,067 4,388 4,605 4,831
EBITDA 1 618.4 722.9 858.5 919.1 1,008 1,092 1,164 1,246
EBIT 1 539.7 636.6 805.6 860.8 944 1,014 1,084 1,157
Net income 1 483 458 540.4 597.5 643.8 700.1 784.4 855
Net Debt 1 1,044 1,806 1,547 1,496 1,624 1,431 1,013 1,035
Reference price 2 132.44 105.26 126.69 130.68 159.22 139.48 139.48 139.48
Nbr of stocks (in thousands) 89,696 87,845 87,788 86,929 86,032 85,936 - -
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.($)
17.19x3.06x12.28x1.6% 11.99B
21.52x1.02x8.8x - 5.6B
8.61x2.41x4.63x3.12% 5.12B
22.8x0.92x5.72x1.77% 2.86B
16.19x0.52x4.08x4.42% 1.65B
13.86x - - - 1.49B
47.14x - - - 1.42B
21.81x - - - 1.27B
28.46x - - - 1.31B
16.03x - - - 1.12B
Average 21.36x 1.58x 7.10x 2.72% 3.38B
Weighted average by Cap. 18.72x 2.14x 8.94x 2.19%

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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