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 $13.0B against $3.4B — 3.8× the size. Allegion PLC trades at the lower P/E: 20.2× against 25.3×. CoreCivic, Inc. grew revenue faster over the last twelve months: 24.4% against 10.6%. Allegion PLC has the higher net margin (15.4% vs 5.15%) and the higher return on invested capital (14.6% vs 5.76%). Across the 22 metrics below, Allegion PLC leads on 14 and CoreCivic, Inc. on 8.

Valuation

Metric ALLE CXW Security & Protection Services median
P/E 20.24 25.30 21.88
P/S 3.09 1.28 1.21
P/B 6.26 2.21 2.21
Price to free cash flow 19.78 44.17 20.62
EV/EBITDA 14.46 11.39 12.37
EV/Sales 3.49 1.77 1.86
Earnings yield 4.94% 3.95% 3.67%
Free cash flow yield 5.06% 2.26% 1.13%

Profitability

Metric ALLE CXW Security & Protection Services median
Gross margin 44.80% 22.58% 41.45%
Operating margin 20.83% 9.88% 8.06%
Net margin 15.36% 5.15% 3.72%
Free cash flow margin 15.65% 2.90% 1.45%
Return on equity 33.73% 8.77% 9.87%
Return on assets 12.82% 3.92% 2.54%
Return on invested capital 14.58% 5.76% 3.11%

Growth

Metric ALLE CXW Security & Protection Services median
Revenue growth (TTM) 10.63% 24.35% 5.96%
EPS growth (last fiscal year) 9.09% 74.19% —
Revenue growth, 5-year CAGR 8.38% 3.02% 7.35%
Net income growth, 5-year CAGR 15.42% 16.56% 0.00%

Health

Metric ALLE CXW Security & Protection Services median
Debt to equity 0.96 0.94 0.20
Current ratio 1.93 1.32 1.93
Net debt to EBITDA 1.64 3.16 1.55

Dividend

Metric ALLE CXW Security & Protection Services median
Dividend yield 1.38% — 1.53%
Payout ratio 0.29 0.00 0.00

Size

Metric ALLE CXW Security & Protection Services median
Market cap 12.97b 3.40b 395.79m

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