Allegion PLC (ALLE) vs NAPCO Security Technologies, Inc. (NSSC)

Allegion PLC and NAPCO Security Technologies, Inc. are both Security & Protection Services companies. Allegion PLC is the larger, with a market value of $15.8B against $1.1B — 14.7× the size. Allegion PLC trades at the lower P/E: 23.2× against 24.4×. Allegion PLC grew revenue faster over the last twelve months: 10.3% against 8.75%. NAPCO Security Technologies, Inc. has the higher net margin (21.6% vs 15.7%) and the higher return on invested capital (45.3% vs 15.5%). Both pay a dividend; NAPCO Security Technologies, Inc. yields more (2.03% vs 1.15%). Across the 23 metrics below, NAPCO Security Technologies, Inc. leads on 13 and Allegion PLC on 10.

Valuation

Metric ALLE NSSC Security & Protection Services median
P/E 23.25 24.41 22.53
P/S 3.62 5.30 1.17
P/B 7.31 5.44 2.09
Price to free cash flow 21.48 21.50 19.49
EV/EBITDA 16.14 19.60 11.17
EV/Sales 3.99 4.66 1.97
Earnings yield 4.30% 4.10% 3.26%
Free cash flow yield 4.66% 4.65% 1.46%

Profitability

Metric ALLE NSSC Security & Protection Services median
Gross margin 45.09% 59.71% 38.10%
Operating margin 21.50% 22.70% 9.80%
Net margin 15.74% 21.60% 2.88%
Free cash flow margin 16.85% 24.66% 0.00%
Return on equity 33.56% 23.44% 8.74%
Return on assets 12.93% 20.06% 1.21%
Return on invested capital 15.46% 45.33% 1.98%

Growth

Metric ALLE NSSC Security & Protection Services median
Revenue growth (TTM) 10.33% 8.75% 7.23%
EPS growth (last fiscal year) 9.09% 0.84% 35.69%
Revenue growth, 5-year CAGR 8.38% 12.15% 7.09%
Net income growth, 5-year CAGR 15.42% 22.79% 0.00%

Health

Metric ALLE NSSC Security & Protection Services median
Debt to equity 0.94 0.00 0.20
Current ratio 1.90 7.23 1.92
Net debt to EBITDA 1.64 (2.88) 1.55

Dividend

Metric ALLE NSSC Security & Protection Services median
Dividend yield 1.15% 2.03% 1.65%
Payout ratio 0.27 0.49 0.28

Size

Metric ALLE NSSC Security & Protection Services median
Market cap 15.78b 1.07b 408.73m

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