Allegion PLC (ALLE) vs CoreCivic, Inc. (CXW)

Allegion PLC and CoreCivic, Inc. are both Security & Protection Services companies. Allegion PLC is the larger, with a market value of $15.8B against $2.8B — 5.7× the size. CoreCivic, Inc. trades at the lower P/E: 1.8× against 23.2×. CoreCivic, Inc. grew revenue faster over the last twelve months: 26.9% against 10.3%. CoreCivic, Inc. has the higher net margin (54.6% vs 15.7%) and the lower return on invested capital (6.99% vs 15.5%). Across the 21 metrics below, CoreCivic, Inc. leads on 14 and Allegion PLC on 7.

Valuation

Metric ALLE CXW Security & Protection Services median
P/E 23.25 1.84 22.53
P/S 3.62 1.00 1.17
P/B 7.31 1.16 2.09
Price to free cash flow 21.48 n/m 19.49
EV/EBITDA 16.14 6.69 11.17
EV/Sales 3.99 1.02 1.97
Earnings yield 4.30% 54.49% 3.26%
Free cash flow yield 4.66% (14.59%) 1.46%

Profitability

Metric ALLE CXW Security & Protection Services median
Gross margin 45.09% 22.18% 38.10%
Operating margin 21.50% 9.88% 9.80%
Net margin 15.74% 54.60% 2.88%
Free cash flow margin 16.85% (14.54%) 0.00%
Return on equity 33.56% 77.13% 8.74%
Return on assets 12.93% 42.58% 1.21%
Return on invested capital 15.46% 6.99% 1.98%

Growth

Metric ALLE CXW Security & Protection Services median
Revenue growth (TTM) 10.33% 26.90% 7.23%
EPS growth (last fiscal year) 9.09% 74.19% 35.69%
Revenue growth, 5-year CAGR 8.38% 3.02% 7.09%
Net income growth, 5-year CAGR 15.42% 16.56% 0.00%

Health

Metric ALLE CXW Security & Protection Services median
Debt to equity 0.94 0.27 0.20
Current ratio 1.90 2.41 1.92
Net debt to EBITDA 1.64 3.16 1.55

Dividend

Metric ALLE CXW Security & Protection Services median
Dividend yield 1.15% — 1.65%
Payout ratio 0.27 — 0.28

Size

Metric ALLE CXW Security & Protection Services median
Market cap 15.78b 2.79b 408.73m

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