Allegion PLC (ALLE) vs MSA Safety Incorporporated (MSA)

Allegion PLC and MSA Safety Incorporporated are both Security & Protection Services companies. Allegion PLC is the larger, with a market value of $13.0B against $7.0B — 1.8× the size. Allegion PLC trades at the lower P/E: 20.2× against 22.6×. Allegion PLC grew revenue faster over the last twelve months: 10.6% against 6.48%. MSA Safety Incorporporated has the higher net margin (16.1% vs 15.4%) and the lower return on invested capital (14.4% vs 14.6%). Both pay a dividend; Allegion PLC yields more (1.38% vs 1.07%). Across the 23 metrics below, Allegion PLC leads on 14 and MSA Safety Incorporporated on 9.

Valuation

Metric ALLE MSA Security & Protection Services median
P/E 20.24 22.64 21.88
P/S 3.09 3.62 1.21
P/B 6.26 5.04 2.21
Price to free cash flow 19.78 19.89 20.62
EV/EBITDA 14.46 15.24 12.37
EV/Sales 3.49 3.82 1.86
Earnings yield 4.94% 4.42% 3.67%
Free cash flow yield 5.06% 5.03% 1.13%

Profitability

Metric ALLE MSA Security & Protection Services median
Gross margin 44.80% 47.57% 41.45%
Operating margin 20.83% 21.23% 8.06%
Net margin 15.36% 16.13% 3.72%
Free cash flow margin 15.65% 18.21% 1.45%
Return on equity 33.73% 23.72% 9.87%
Return on assets 12.82% 12.19% 2.54%
Return on invested capital 14.58% 14.40% 3.11%

Growth

Metric ALLE MSA Security & Protection Services median
Revenue growth (TTM) 10.63% 6.48% 5.96%
EPS growth (last fiscal year) 9.09% (1.66%) —
Revenue growth, 5-year CAGR 8.38% 6.82% 7.35%
Net income growth, 5-year CAGR 15.42% 17.60% 0.00%

Health

Metric ALLE MSA Security & Protection Services median
Debt to equity 0.96 0.42 0.20
Current ratio 1.93 3.24 1.93
Net debt to EBITDA 1.64 0.92 1.55

Dividend

Metric ALLE MSA Security & Protection Services median
Dividend yield 1.38% 1.07% 1.53%
Payout ratio 0.29 5.61 0.00

Size

Metric ALLE MSA Security & Protection Services median
Market cap 12.97b 7.03b 395.79m

Compare with another peer

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