Allegion plc (ALLE)
Industrials · Building Products · US stock · S&P 500 component
$176.52
▲ +17.52 (11.02%)
Fair valueFair
$165 −6.8% to fair value
$82fair band $140–$199$247
Day's range
$167.62 – $176.90
52-week range
$125.00 – $183.11
About Allegion plc
Allegion is a security products company that makes locks, door hardware, exit devices, access control systems and electronic security products. Its brands include Schlage, Von Duprin and LCN, and its products are used in homes, schools, hospitals, offices and other buildings. It sells through distributors, dealers and retailers. Revenue comes from product sales and some services, and results track new construction and renovation activity.
Sales reached $4.3 billion in the last twelve months, having grown 7.5% a year over the past three years. Operating profit equals 20.8% of revenue. Return on invested capital is 19%. Net debt is 1.7 times of EBITDA. It pays a dividend, and the yield is 1.2%. Overall, the X-Ray Score is 59 out of 100.
ALLE news
All ALLE news →Price chart
52-wk range $125.00 – $183.11Volume 2,097,511Daily, split-adjusted
Vitals
Market cap$15.2B
52-week range$125.00 – $183.11
Volume (last day)2,097,511
P/E (TTM)23.2
EBIT / EV yield5.3%
Free-cash-flow yield4.4%
Dividend yield1.2%
Revenue (TTM)$4.3B
Net income (TTM)$659M
Operating margin20.8%
Return on capital19.4%
Debt incl. leases$2.0B
Cash & securities$321M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$165middle half of models $154 – $193
Fair
−6.8% to fair value
Average of the 15 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $177
Undervalued < $140Fair $140 – $199Overvalued > $199
P/E multiple
$173
P/B multiple
$190
P/S multiple
$154
EV/EBITDA multiple
$167
EV/EBIT multiple
$166
EV/revenue multiple
$160
10-year DCF, EBITDA exit
$198
5-year DCF, EBITDA exit
$198
10-year DCF, revenue exit
$196
5-year DCF, revenue exit
$195
10-year DCF, growth exit
$144
5-year DCF, growth exit
$133
Dividend discount, stable
$85
Dividend discount, multi-stage
$155
Earnings power value
$154
Growth the price implies
12.2%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Fair
62/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield5.3%
Free-cash-flow yield4.4%
Fair value vs price0.9×
Growth
Fair
64/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)7.5%
EPS growth (3y)12.8%
Growth consistency90%
Profitability
Fair
63/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital19.4%
Operating margin20.8%
Gross profitability35.8%
Financial health
Weak
50/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA1.7×
Interest cover8.9×
Dividends
Weak
48/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.2%
Dividends vs free cash flow28%
Dividend growth6.8%
Quarterly results: last 6 quarters
+5.4%
Mar '25
+5.8%
Jun '25
+10.7%
Sep '25
+9.3%
Dec '25
+9.7%
Mar '26
+12.7%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $1.2B, diluted EPS $2.15.
Compare with peers
AOS Smith A O Corp65 LII Lennox International I...59 TT Trane Technologies plc56 MAS Masco Corp53Other Building Products companies by X-Ray Score.
SWOT analysis: Allegion plc
Strengthsinside the company
- Earnings per share have compounded at 12.8% a year over three years.
Weaknessesinside the company
- No clear weakness in the figures we track.
Opportunitiesvaluation and setting
- Dividends use only 28% of free cash flow, which leaves room to raise them.
- Price momentum is strong on the weekly and monthly signals (trends can reverse).
Threatsvaluation and setting
- No specific threat is flagged by our checks; general market and interest-rate risk still applies.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare ALLE with peers and sector
Medians of 6 Building Products peers and of 80 Industrials stocks in our universe.
Largest peers (X-Ray Score): TT 56, JCI 31, CARR 27, MAS 53, LII 59, AOS 65.
| Metric | ALLE | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 59 | 55 | 50 |
| Valuation | 62 | 45 | 44 |
| Growth | 64 | 46 | 50 |
| Profitability | 63 | 59 | 50 |
| Financial health | 50 | 48 | 49 |
| Dividends | 48 | 55 | 53 |
Sector leaders: highest X-Ray Score in Industrials
ALLE ranks #19 of 81 in Industrials and #3 of 7 in Building Products by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for ALLE
Each factor is rated by where ALLE stands among the 81 Industrials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 8 Good · 12 Average · 3 Bad of 23
Growth: 2 · 1 · 0
Profitability: 3 · 2 · 0
Financial strength: 1 · 2 · 1
Valuation: 1 · 4 · 0
Cash flow: 0 · 2 · 2
Efficiency: 1 · 1 · 0
| Factor | ALLE | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +7.5% | Average beats 66% | +5.6% | – | – |
| Revenue growth, last year | +7.8% | Good beats 69% | +4.5% | +7.8% | ≈ In line |
| EPS growth, 3 years a year | +12.8% | Good beats 67% | +5.7% | – | – |
| Profitability | |||||
| Gross margin | 44.8% | Good beats 75% | 38.0% | 43.3% | ≈ In line |
| Operating margin | 20.8% | Good beats 76% | 17.5% | 19.4% | ≈ In line |
| Net margin | 15.4% | Good beats 70% | 12.8% | 15.8% | ≈ In line |
| Return on invested capital | 19.4% | Average beats 64% | 14.9% | – | – |
| Return on equity | 31.1% | Average beats 63% | 23.7% | 41.0% | ▼ Worse |
| Financial strength | |||||
| Net debt / EBITDA | 1.7x | Average beats 54% | 1.8x | 1.7x | ≈ In line |
| Interest cover | 8.9x | Bad beats 28% | 21.4x | 7.7x | ▲ Better |
| Current ratio | 1.93 | Good beats 85% | 1.25 | 1.84 | ≈ In line |
| Piotroski F-score | 6 / 9 | Average beats 41% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 23.0x | Good beats 73% | 28.9x | 20.7x | ▼ Worse |
| Price / book | 7.2x | Average beats 44% | 6.2x | 8.5x | ▲ Better |
| Price / sales | 3.5x | Average beats 51% | 3.5x | 3.1x | ▼ Worse |
| EV / EBITDA | 16.4x | Average beats 62% | 18.5x | 15.6x | ≈ In line |
| Free cash flow yield | 4.4% | Average beats 63% | 3.8% | 4.6% | ≈ In line |
| Cash flow | |||||
| Free cash flow margin | 15.6% | Average beats 57% | 13.8% | 15.5% | ≈ In line |
| Cash from operations / net income | 1.17 | Bad beats 22% | 1.39 | 1.11 | ≈ In line |
| Free cash flow growth, 3 years a year | +20.1% | Average beats 66% | +14.5% | – | – |
| Accruals (lower is better) | −2.1% | Bad beats 31% | −3.2% | – | – |
| Efficiency | |||||
| Inventory turnover | 4.4x | Average beats 59% | 4.0x | 4.4x | ≈ In line |
| Days sales outstanding | 48 days | Good beats 70% | 57 days | 41 days | ▼ Worse |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 4 Good · ● 10 Average · ● 2 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Altman Z''Average
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Average
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAAverage
Interest coverBad
Valuation
Fair value vs priceAverage
EBIT / EV yieldGood
Profitability
Return on invested capitalAverage
Operating marginGood
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 61/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.3B | $3.7B | $3.8B | $4.1B |
| Operating income | $530M | $586M | $708M | $781M | $860M |
| Net income | $483M | $458M | $541M | $598M | $644M |
| Operating cash flow | $489M | $460M | $601M | $675M | $784M |
| Operating margin | 18.5% | 17.9% | 19.4% | 20.7% | 21.1% |
| Free cash flow | $443M | $396M | $516M | $583M | $686M |
| Diluted EPS | $5.34 | $5.19 | $6.12 | $6.82 | $7.44 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 156.6 | Bullish |
| EMA 10 | 159.1 | Bullish |
| SMA 20 | 155.0 | Bullish |
| EMA 20 | 156.5 | Bullish |
| SMA 50 | 155.9 | Bullish |
| EMA 50 | 154.5 | Bullish |
| SMA 100 | 149.3 | Bullish |
| EMA 100 | 151.9 | Bullish |
| SMA 200 | 149.0 | Bullish |
| EMA 200 | 150.4 | Bullish |
Oscillators (daily)
| RSI (14) | 78.56 | Bearish |
| MACD (12, 26) | 2.26 | Bullish |
| Momentum (12) | 13.74 | Bullish |
| Stochastic %K (14) | 98.91 | Bearish |
| Williams %R (14) | -1.09 | Bearish |
| CCI (20) | 439.7 | Bearish |
Pivot points (classic, last session)
S3 161.2 | S2 164.4 | S1 170.5 | Pivot 173.7 | R1 179.7 | R2 183.0 | R3 189.0 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.16 USD
Yield on today's price
1.22%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.5500 | |
| 0.5500 | |
| 0.5500 | |
| 0.5100 | |
| 0.5100 | |
| 0.5100 | |
| 0.5100 | |
| 0.4800 | |
| 0.4800 | |
| 0.4800 | |
| 0.4800 | |
| 0.4500 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold ALLE
| ETF | Share of the fund |
|---|---|
| XHB SPDR S&P Homebuilders | 3.22% |
| RSPN Invesco S&P 500 Equal Weight Industria... | 1.44% |
| FMDE Fidelity Enhanced Mid Cap | 0.52% |
| VBR Vanguard Small-Cap Value | 0.26% |
| RSP Invesco S&P 500 Equal Weight | 0.24% |
| XLI Industrial Select Sector SPDR | 0.21% |
| SCHM Schwab U.S. Mid-Cap | 0.21% |
| FIDU Fidelity MSCI Industrials Index | 0.19% |
The eight funds with the largest weight in ALLE among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
ALLE SEC filings
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Shareholder vote results
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.