Allegion PLC (ALLE) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of Allegion PLC stock $129, price $193, that is 33.0% below the price, quality 67 out of 100. Rating: overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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IndustrialsUS · Based in Ireland · ISIN IE00BFRT3W74
APBroad dataNov 1, 2026
Allegion PLC
ALLE · US
Solid,but expensive
Our calculation puts a fair price 33% below what the stock costs today.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 1, 2026.
How to read this chart
60‑month range $84.14 – $192.69 · fair‑value band $83.81 – $167.09 · the $192.69 price screens above the $129.15 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 1, 2026.
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Allegion plc engages in the provision of security products and solutions worldwide. It is operating through two segments: Allegion Americas and Allegion International.
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The company offers door controls, door control system, and exit devices; doors, glass and door systems, and accessories; electronic security products and access control systems, including time, attendance, and workforce productivity; and locks, locksets, portable locks, and key systems.
It also provides services and software, such as inspection, maintenance, and repair services for its automatic entrance solutions; software as a service, including access control, platform integration, and workforce management solutions; and ongoing aftermarket services, and design and installation offerings.
In addition, the company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands.
It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets.
Allegion plc was incorporated in 2013 and is based in Dublin, Ireland.
Stock analysis
Allegion PLC (ALLE) currently trades at $192.69, while our model-based Fair Value estimate is $129.15, 33% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $142.96 per share, and 0 of the 24 models we run sit above the $192.69 price.
Bear case: the Dividend Discount group reads lowest at $32.32, and 24 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: $83.81 (bear) to $167.09 (bull), the price of $192.69 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Allegion PLC reported revenue of $4.1B in FY2025 versus $2.9B in FY2021, a compound +9.1%/yr. Reported net income was $644M in FY2025, compounding +7.4%/yr from FY2021.
Key figures
Market cap $16.6B Large · P/E ratio 24.0 · P/S ratio 3.77 · EPS (TTM) $8.04 · Dividend yield 1.1% · Net margin 15.7% · Return on equity 33.6% · Return on assets (EBIT) 16.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 79 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 54% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 2% fair-value upside, at −33%, ALLE screens richer than that median.
Fair Value models
Bear$83.81Fair Value $129.15Bull$167.09
Price $192.69 · Downside -33.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($4.98 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
SaleNickolas A. MusialVP, Controller & CAO687 shares at $155.00$106,485Jul 23, 202610b5-1 plan
SaleMichael J. WagnesSVP and CFO3,184 shares at $150.98$480,720Jul 23, 202610b5-1 plan
SaleRobert C. MartensSVP-Chief Innovation & Design3,993 shares at $137.15$547,640May 7, 2026
BuySue MainDirector2,000 shares at $149.61$299,210Mar 11, 2026
SaleSteven MizellDirector1,400 shares at $162.16$227,026Feb 19, 2026
Plus 1 more entries from the last 12 months.
Plus 21 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.87/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.4%
Start year 2020 (pandemic). Over 10 years: +7.0% a year
Revenue growth 14 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.1%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+9.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.3%
Dividend (yield on the price)1.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11.8% vs 15.2%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.15% → 21%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+12.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+6.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +9.7% a year for the price and +3.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (97 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Solid margins and returns form the main strength while limited public signals on moat factors and insufficient evidence constitute the key weakness.
Main risk: Cloud-native platforms like Brivo and Verkada could attract customers with subscription-based, hardware-light access control offering simpler deployment and predictable costs, squeezing demand or prices for Allegion's traditional locks and hardware.
Allegion recently acquired Overly Door Company, adding custom high-security doors for blast, bullet and acoustic protection that complement its hollow metal portfolio in government, education and healthcare markets. The deal fits the pattern of building out non-residential offerings where organic demand has stayed resilient. Our models still see the stock as overvalued, so will the new capabilities expand margins meaningfully or mainly increase integration demands without matching returns?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Security & Protection Services · 104 stocks
P/B8.01× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)3.77× · Priciest 25%
Price / free cash flow24.2× · Pricier than median
EV/EBITDA16.6× · Priciest 25%
PEG2.00× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 34
FUTURE (revenue growth)48· sector 43
PAST (return on equity)100· sector 29
HEALTH (low debt)52· sector 99
DIVIDEND (yield)22· sector 42
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Allegion PLC Fair Value". https://www.fairvalue-calculator.com/stock/ALLE
Frequently asked questions
Is Allegion PLC (ALLE) overvalued or undervalued?
As of Nov 1, 2026, our model estimates a fair value of $129.15 versus a price of $192.69, about 33% lower (overvalued).
What is the fair value of ALLE?
Our model-based fair value for Allegion PLC is $129.15 (as of Nov 1, 2026), built from audited fundamentals. The current price: $192.69.
What is the quality score of ALLE?
Allegion PLC has a Quality Score of 67/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Allegion PLC (ALLE)?
Our model-based price target is the fair value of $129.15 (as of Nov 1, 2026) from 24 valuation models. Cautious scenario $83.81, optimistic scenario $167.09. It is a calculation from audited fundamentals, not an analyst target.
What is the Allegion PLC stock forecast for 2026?
Our models put fair value at $129.15, about 33% lower versus a price of $192.69 (overvalued). Cautious scenario $83.81, optimistic scenario $167.09. The calculation is refreshed regularly with new filings.
What is the revenue of Allegion PLC (ALLE)?
Allegion PLC reported trailing-twelve-month revenue of about $4.4B (latest available figure, as of Nov 1, 2026).
Does Allegion PLC pay a dividend?
Allegion PLC currently shows a dividend yield of 1.12% relative to its recent price (as of Nov 1, 2026).
What growth is priced into Allegion PLC (ALLE)?
For today's price to be fair in a discounted-cash-flow model, Allegion PLC would have to grow free cash flow by +12.3 % per year for five years (discount rate 8.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.4 % per year. As of Nov 1, 2026.
What discount rate (WACC) does the fair value of ALLE use?
Our models discount Allegion PLC at 8.8 %: a base by market capitalisation (large), damped by beta 0.82, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Allegion PLC that is +12.3 % per year a year over ten years, using the same discount rate (8.8 %) and the same formula as our fair value.
How much growth has Allegion PLC (ALLE) delivered so far?
Over the past 5 years revenue at Allegion PLC grew +8.4 % a year. The price currently implies +12.3 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Allegion PLC (ALLE) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Allegion PLC (+12.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Allegion PLC (ALLE)?
The free-cash-flow yield on the price is 4.14 %: that much free cash flow Allegion PLC produces per unit of market value. When it exceeds the discount rate of our models (8.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Allegion PLC (ALLE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Allegion PLC it is $129.15 per share (as of Nov 1, 2026), against a price of $192.69. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Allegion PLC stock overvalued or undervalued in 2026?
As of Nov 1, 2026, ALLE trades above its calculated fair value: price $192.69, fair value $129.15, a gap of about −33% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ALLE?
No. The price is what the market pays today ($192.69); the fair value is what the company's own numbers justify ($129.15). For Allegion PLC the two are $63.54 per share apart. That gap is exactly why we show both numbers side by side.
How much is Allegion PLC worth?
The market values Allegion PLC at about $16.6B (market capitalisation, as of Nov 1, 2026). Per share that is $192.69; our models calculate a fair value of $129.15 per share.
What do the bullish and bearish scenarios say about ALLE?
Our models span a range for Allegion PLC: cautious scenario $83.81, base $129.15, optimistic $167.09 per share (as of Nov 1, 2026, price $192.69). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ALLE?
Allegion PLC trades at a price-to-earnings ratio of 24.0 (as of Nov 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $129.15 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, 5 of the years ex one-offs: 21.0. Other multiples: PEG 2.0, P/B 8.0, P/S 3.8, EV/EBITDA 16.6.
What is the PEG ratio of ALLE?
The PEG ratio of Allegion PLC is 2.00 (P/E divided by earnings growth, as of Nov 1, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Allegion PLC (ALLE)?
Balance-sheet figures for Allegion PLC (as of Nov 1, 2026): return on equity 33.6%, debt of 0.96 per unit of equity. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is ALLE from its 52-week high?
Allegion PLC trades at $192.69, at its 52-week high of $192.69 and 54% above the low of $125.13 (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of $129.15 is for.
Which stocks are comparable to Allegion PLC?
From the same area (Industrials) we also value ADT Inc, Zhejiang Dahua Technology Co, MSA Safety Incorporated, The Brink's Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Allegion PLC stock attractive at the current price?
The data as of Nov 1, 2026: price $192.69, calculated fair value $129.15 (−33%), Quality Score 67/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ALLE calculated?
We run Allegion PLC through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $129.15, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.6% above its aggregate fair value. Allegion PLC itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Allegion PLC (ALLE)?
The closing price on Nov 4, 2026 was $192.69. Our model-based fair value is $129.15, about 33% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Allegion PLC right now?
The price sits above even our optimistic bull case ($167.09). The favourable scenario is already priced in. Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($83.81 to $167.09) leaves room in how you read the outcome.
Where does the earnings growth of Allegion PLC (ALLE) come from?
Earnings per share at Allegion PLC grew +15.1 % a year from 2014 to 2025. Broken into its drivers: revenue per share +7.9 %, EBIT margin +1.8 %, tax rate +1.7 %, residual (interest, one-offs) +3.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Allegion PLC
How large is the market capitalisation of Allegion PLC (ALLE)?
The market capitalisation of Allegion PLC is $16.6B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Allegion PLC (ALLE)?
The price-to-sales ratio of Allegion PLC is 3.77 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Allegion PLC (ALLE)?
Earnings per share at Allegion PLC are $8.04 (price ÷ EPS = P/E 24.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Allegion PLC (ALLE)?
The dividend yield of Allegion PLC is 1.1% (payout 26.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Allegion PLC (ALLE)?
The net margin of Allegion PLC is 15.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Allegion PLC (ALLE)?
The return on equity (ROE) of Allegion PLC is 33.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Allegion PLC (ALLE)?
On an EBIT basis the return on assets of Allegion PLC is 16.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Allegion PLC (ALLE)?
The operating margin of Allegion PLC is 24.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Allegion PLC (ALLE)?
Revenue at Allegion PLC is growing +9.6% versus a year earlier (3y avg +7.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Allegion PLC (ALLE)?
Earnings per share at Allegion PLC are growing +18.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Allegion PLC (ALLE) carry?
The net debt of Allegion PLC is $1.9B (fiscal year 2025, ≈ 2.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 1, 2026