Allegion plc produces a range of safety & security solutions for homes, businesses, schools and other institutions. The company was founded in 1908 and is based in Dublin, Ireland.
ALLE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Allegion plc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Allegion plc ranked in the 40th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 31%. In terms of the factors that were most noteworthy in this DCF analysis for ALLE, they are:
The company's balance sheet shows it gets 88% of its capital from equity, and 12% of its capital from debt. Its equity weight surpasses that of 73.58% of free cash flow generating stocks in the Industrials sector.
ALLE's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 31.62% of tickers in our DCF set.
Allegion plc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 7.86. This coverage rate is greater than that of 72.52% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ALLE, try RXN, INFO, MRCY, FWRD, and IAA.
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) Chairman, President and CEO David D. Petratis will discuss the company’s long-term strategy at the 2020 Morgan Stanley Virtual Laguna Conference on Tuesday, Sept. 15. A live listen-only webcast will be accessible via Allegion’s investor website at investor.allegion.com or directly by clicking here. About Allegion Allegion (NYSE: ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss®
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.32 per ordinary share of the company. The dividend is payable on Sept. 30, 2020, to shareholders of record on Sept. 16, 2020. About Allegion Allegion (NYSE: ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on secu
Source With second-quarter earnings released on Thursday, Allegion (ALLE) showed a different set of results if compared to their first-quarter numbers, showing the full-blown impact of COVID-19. While management withdrew its 2020 outlook with the release of their Q1 results, greater visibility and more time to analyze market dynamics as...
Allegion (ALLE) reports revenue declined 18.5% on an organic basis in Q2, as the COVID-19 pandemic forced government-mandated shutdowns around the globe.The Americas segment revenues decreased 18.5%, driven by economic pressure related to COVID-19.The EMEIA segment revenues fell 21.9% and the Asia-Pacific segment revenues dropped 22.1%, due to COVID-19 impact.Adjusted operating margin rate down 260 bps...