Allegion Valuation

Is 60A undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 60A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 60A (€135) is trading above our estimate of fair value (€125.22)

Significantly Below Fair Value: 60A is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 60A?

Key metric: As 60A is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 60A. This is calculated by dividing 60A's market cap by their current earnings.
What is 60A's PE Ratio?
PE Ratio21.5x
EarningsUS$572.00m
Market CapUS$12.29b

Price to Earnings Ratio vs Peers

How does 60A's PE Ratio compare to its peers?

The above table shows the PE ratio for 60A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.9x
VIB3 Villeroy & Boch
14.8x43.5%€416.4m
ST5 STEICO
10x-6.9%€277.2m
KBX Knorr-Bremse
19.5x10.8%€11.7b
RAA RATIONAL
43.3x6.9%€10.2b
60A Allegion
21.5x8.5%€12.3b

Price-To-Earnings vs Peers: 60A is good value based on its Price-To-Earnings Ratio (21.5x) compared to the peer average (21.9x).


Price to Earnings Ratio vs Industry

How does 60A's PE Ratio compare vs other companies in the European Building Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
60A 21.5xIndustry Avg. 19.9xNo. of Companies13PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 60A is expensive based on its Price-To-Earnings Ratio (21.5x) compared to the European Building industry average (19.9x).


Price to Earnings Ratio vs Fair Ratio

What is 60A's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

60A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.5x
Fair PE Ratio17x

Price-To-Earnings vs Fair Ratio: 60A is expensive based on its Price-To-Earnings Ratio (21.5x) compared to the estimated Fair Price-To-Earnings Ratio (17x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 60A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€135.00
€136.38
+1.0%
9.9%€151.93€101.29n/a10
Nov ’25€128.00
€136.38
+6.5%
9.9%€151.93€101.29n/a10
Oct ’25€131.00
€125.34
-4.3%
9.6%€136.51€98.79n/a11
Sep ’25€124.00
€126.27
+1.8%
9.5%€139.06€100.64n/a11
Aug ’25€126.00
€126.37
+0.3%
9.2%€140.13€101.41n/a11
Jul ’25€107.00
€127.26
+18.9%
11.6%€142.15€88.84n/a11
Jun ’25€111.00
€127.46
+14.8%
11.0%€142.09€88.81n/a11
May ’25€115.00
€127.46
+10.8%
11.0%€142.09€88.81n/a11
Apr ’25€123.00
€123.57
+0.5%
11.7%€140.01€87.50n/a12
Mar ’25€118.00
€122.27
+3.6%
12.0%€140.08€87.55n/a12
Feb ’25€114.00
€117.14
+2.8%
11.2%€138.78€86.74n/a13
Jan ’25€114.00
€111.28
-2.4%
11.2%€129.36€86.55n/a13
Dec ’24€97.00
€111.31
+14.7%
10.7%€130.13€87.06n/a13
Nov ’24€94.00
€115.21
+22.6%
11.9%€137.21€89.90€128.0012
Oct ’24€98.50
€117.30
+19.1%
9.0%€134.17€87.90€131.0013
Sep ’24€105.00
€117.30
+11.7%
9.0%€134.17€87.90€124.0013
Aug ’24€106.00
€115.77
+9.2%
8.6%€131.86€86.39€126.0013
Jul ’24€109.00
€116.67
+7.0%
7.8%€126.32€88.89€107.0013
Jun ’24€96.00
€116.67
+21.5%
7.8%€126.32€88.89€111.0013
May ’24€100.00
€112.72
+12.7%
8.7%€123.05€86.59€115.0012
Apr ’24€95.50
€114.57
+20.0%
9.3%€127.22€87.58€123.0011
Mar ’24€105.00
€117.61
+12.0%
9.0%€130.19€89.62€118.0012
Feb ’24€107.00
€110.61
+3.4%
9.2%€122.76€87.69€114.0012
Jan ’24€99.00
€110.84
+12.0%
8.9%€124.49€88.92€114.0012
Dec ’23€109.00
€111.78
+2.6%
8.6%€126.35€90.25€97.0012
Nov ’23€107.00
€117.65
+10.0%
7.8%€133.48€95.34€94.0013

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies