Allegion Plc Stock Current Valuation
| ALLE Stock | USD 126.54 0.43 0.34% |
Valuation analysis of Allegion PLC helps investors to measure Allegion PLC's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of April 25, 2024, Enterprise Value Over EBITDA is expected to decline to 12.74. In addition to that, Enterprise Value Multiple is expected to decline to 12.74. Fundamental drivers impacting Allegion PLC's valuation include:
Price Book 8.4626 | Enterprise Value 12.8 B | Enterprise Value Ebitda 15.4557 | Price Sales 3.0558 | Forward PE 18.1488 |
Fairly Valued
Today
Please note that Allegion PLC's price fluctuation is very steady at this time. Calculation of the real value of Allegion PLC is based on 3 months time horizon. Increasing Allegion PLC's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Allegion PLC is useful when determining the fair value of the Allegion stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Allegion PLC. Since Allegion PLC is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Allegion Stock. However, Allegion PLC's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 126.54 | Real 125.81 | Target 123.67 | Hype 126.56 | Naive 126.93 |
The real value of Allegion Stock, also known as its intrinsic value, is the underlying worth of Allegion PLC Company, which is reflected in its stock price. It is based on Allegion PLC's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Allegion PLC's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Allegion PLC's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Allegion PLC helps investors to forecast how Allegion stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Allegion PLC more accurately as focusing exclusively on Allegion PLC's fundamentals will not take into account other important factors: Allegion PLC Company Current Valuation Analysis
Allegion PLC's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Allegion PLC Current Valuation | 12.81 B |
Most of Allegion PLC's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allegion PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Allegion Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Allegion PLC is extremely important. It helps to project a fair market value of Allegion Stock properly, considering its historical fundamentals such as Current Valuation. Since Allegion PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Allegion PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Allegion PLC's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Allegion PLC has a Current Valuation of 12.81 B. This is 75.96% higher than that of the Building Products sector and significantly higher than that of the Industrials industry. The current valuation for all United States stocks is 22.92% higher than that of the company.
Allegion Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allegion PLC's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Allegion PLC could also be used in its relative valuation, which is a method of valuing Allegion PLC by comparing valuation metrics of similar companies.Allegion PLC is currently under evaluation in current valuation category among related companies.
Allegion PLC ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Allegion PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Allegion PLC's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Allegion Fundamentals
| Return On Equity | 0.48 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 12.81 B | ||||
| Shares Outstanding | 87.44 M | ||||
| Shares Owned By Insiders | 0.41 % | ||||
| Shares Owned By Institutions | 99.59 % | ||||
| Number Of Shares Shorted | 1.61 M | ||||
| Price To Earning | 23.28 X | ||||
| Price To Book | 8.46 X | ||||
| Price To Sales | 3.06 X | ||||
| Revenue | 3.65 B | ||||
| Gross Profit | 1.32 B | ||||
| EBITDA | 833.3 M | ||||
| Net Income | 540.6 M | ||||
| Cash And Equivalents | 282.2 M | ||||
| Cash Per Share | 3.21 X | ||||
| Total Debt | 2.02 B | ||||
| Debt To Equity | 2.94 % | ||||
| Current Ratio | 1.79 X | ||||
| Book Value Per Share | 15.06 X | ||||
| Cash Flow From Operations | 600.6 M | ||||
| Short Ratio | 1.97 X | ||||
| Earnings Per Share | 6.12 X | ||||
| Price To Earnings To Growth | 2.19 X | ||||
| Target Price | 135.17 | ||||
| Number Of Employees | 12.2 K | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 11.1 B | ||||
| Total Asset | 4.31 B | ||||
| Retained Earnings | 1.58 B | ||||
| Working Capital | 281.2 M | ||||
| Current Asset | 735.1 M | ||||
| Current Liabilities | 447.1 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.06 % | ||||
| Net Asset | 4.31 B | ||||
| Last Dividend Paid | 1.8 |
About Allegion PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allegion PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allegion PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allegion PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Allegion PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allegion PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allegion PLC will appreciate offsetting losses from the drop in the long position's value.Moving against Allegion Stock
| 0.54 | VRMEW | VerifyMe | PairCorr |
The ability to find closely correlated positions to Allegion PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allegion PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allegion PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allegion PLC to buy it.
The correlation of Allegion PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allegion PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allegion PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allegion PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Allegion PLC Piotroski F Score and Allegion PLC Altman Z Score analysis. For information on how to trade Allegion Stock refer to our How to Trade Allegion Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Allegion Stock analysis
When running Allegion PLC's price analysis, check to measure Allegion PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegion PLC is operating at the current time. Most of Allegion PLC's value examination focuses on studying past and present price action to predict the probability of Allegion PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegion PLC's price. Additionally, you may evaluate how the addition of Allegion PLC to your portfolios can decrease your overall portfolio volatility.
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Is Allegion PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegion PLC. If investors know Allegion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegion PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 1.8 | Earnings Share 6.12 | Revenue Per Share 41.534 | Quarterly Revenue Growth 0.042 |
The market value of Allegion PLC is measured differently than its book value, which is the value of Allegion that is recorded on the company's balance sheet. Investors also form their own opinion of Allegion PLC's value that differs from its market value or its book value, called intrinsic value, which is Allegion PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegion PLC's market value can be influenced by many factors that don't directly affect Allegion PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegion PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegion PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegion PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.