Allegion PLC (ALLE) vs Evolv Technologies Holdings, Inc. (EVLV)

Allegion PLC and Evolv Technologies Holdings, Inc. are both Security & Protection Services companies. Allegion PLC is the larger, with a market value of $15.8B against $820.5M — 19.2× the size. Evolv Technologies Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; Allegion PLC trades at 23.2×. Evolv Technologies Holdings, Inc. grew revenue faster over the last twelve months: 41.7% against 10.3%. Allegion PLC has the higher net margin (15.7% vs −3.05%) and the higher return on invested capital (15.5% vs −26.4%). Across the 19 metrics below, Allegion PLC leads on 13 and Evolv Technologies Holdings, Inc. on 6.

Valuation

Metric ALLE EVLV Security & Protection Services median
P/E 23.25 n/m 22.53
P/S 3.62 4.77 1.17
P/B 7.31 6.88 2.09
Price to free cash flow 21.48 n/m 19.49
EV/EBITDA 16.14 n/m 11.17
EV/Sales 3.99 4.63 1.97
Earnings yield 4.30% (0.66%) 3.26%
Free cash flow yield 4.66% (0.68%) 1.46%

Profitability

Metric ALLE EVLV Security & Protection Services median
Gross margin 45.09% 49.86% 38.10%
Operating margin 21.50% (20.77%) 9.80%
Net margin 15.74% (3.05%) 2.88%
Free cash flow margin 16.85% (3.23%) 0.00%
Return on equity 33.56% (4.94%) 8.74%
Return on assets 12.93% (1.79%) 1.21%
Return on invested capital 15.46% (26.42%) 1.98%

Growth

Metric ALLE EVLV Security & Protection Services median
Revenue growth (TTM) 10.33% 41.67% 7.23%
EPS growth (last fiscal year) 9.09% 41.18% 35.69%
Revenue growth, 5-year CAGR 8.38% 98.08% 7.09%
Net income growth, 5-year CAGR 15.42% 0.00% 0.00%

Health

Metric ALLE EVLV Security & Protection Services median
Debt to equity 0.94 0.24 0.20
Current ratio 1.90 1.18 1.92
Net debt to EBITDA 1.64 1.68 1.55

Dividend

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

Size

Metric ALLE EVLV Security & Protection Services median
Market cap 15.78b 820.50m 408.73m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack