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 13,710 - -
Change - -22.16% 20.28% 2.14% 20.58% 0.09% - -
Enterprise Value (EV) 1 12,924 11,053 12,669 12,856 15,322 15,232 14,739 14,749
Change - -14.47% 14.62% 1.48% 19.18% -0.59% -3.24% 0.07%
P/E 24.8x 20.3x 20.7x 19.2x 21.4x 19.7x 17.7x 15.5x
PBR 15.7x 9.84x 8.49x 7.59x 6.63x 5.96x 4.6x 3.64x
PEG - -7.23x 1.2x 1.7x 2.35x 1.98x 1.6x 1.1x
Capitalization / Revenue 4.14x 2.83x 3.05x 3.01x 3.37x 3.11x 2.96x 2.82x
EV / Revenue 4.51x 3.38x 3.47x 3.41x 3.77x 3.45x 3.18x 3.03x
EV / EBITDA 20.9x 15.3x 14.8x 14x 15.2x 13.8x 12.5x 11.7x
EV / EBIT 23.9x 17.4x 15.7x 14.9x 16.2x 14.9x 13.5x 12.6x
EV / FCF 29.2x 27.9x 24.5x 22.1x 22.3x 22.1x 19.1x 17x
FCF Yield 3.43% 3.58% 4.08% 4.53% 4.48% 4.53% 5.25% 5.88%
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% 1.4% 1.51% 1.75%
EPS 2 5.34 5.19 6.12 6.82 7.44 8.179 9.11 10.4
Distribution rate 27% 31.6% 29.4% 28.2% 27.4% 27.5% 26.6% 27.1%
Net sales 1 2,867 3,272 3,651 3,772 4,067 4,412 4,629 4,864
EBITDA 1 618.4 722.9 858.5 919.1 1,008 1,102 1,174 1,259
EBIT 1 539.7 636.6 805.6 860.8 944 1,025 1,094 1,171
Net income 1 483 458 540.4 597.5 643.8 706.3 802.7 869.5
Net Debt 1 1,044 1,806 1,547 1,496 1,624 1,522 1,028 1,038
Reference price 2 132.44 105.26 126.69 130.68 159.22 161.23 161.23 161.23
Nbr of stocks (in thousands) 89,696 87,845 87,788 86,929 86,032 85,037 - -
Announcement Date 2/15/22 A 2/22/23 A 2/20/24 A 2/18/25 A 2/17/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.33x1.01x8.75x - 5.55B
8.95x2.45x4.71x3% 5.32B
23.5x0.95x5.88x1.71% 2.91B
16.23x0.52x4.1x4.41% 1.68B
51.28x - - - 1.55B
28.8x - - - 1.33B
20.48x - - - 1.2B
29.2x1.3x11.96x0.49% 1.1B
Average 24.97x 1.25x 7.08x 2.4% 2.58B
Weighted average by Cap. 21.12x 1.43x 6.69x 2.62%

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