Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Allegion plc (0Y5C.L)

Company Dividend Discount ModelIndustry: Construction MaterialsSector: Basic Materials

Valuation Snapshot

Stable Growth$505.04 - $1,463.32$1,371.29
Multi-Stage$223.22 - $244.52$233.67
Blended Fair Value$802.48
Current Price$177.42
Upside352.31%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.67%18.73%1.931.831.661.491.351.160.920.700.530.44
YoY Growth--5.23%10.28%11.55%9.97%16.60%26.70%30.38%32.39%20.10%27.67%
Dividend Yield--1.50%1.40%1.58%1.33%1.09%1.38%0.99%0.84%0.77%0.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)640.40
(-) Cash Dividends Paid (M)171.83
(=) Cash Retained (M)468.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)128.0880.0548.03
Cash Retained (M)468.57468.57468.57
(-) Cash Required (M)-128.08-80.05-48.03
(=) Excess Retained (M)340.49388.52420.54
(/) Shares Outstanding (M)86.7086.7086.70
(=) Excess Retained per Share3.934.484.85
LTM Dividend per Share1.981.981.98
(+) Excess Retained per Share3.934.484.85
(=) Adjusted Dividend5.916.466.83
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate5.09%6.09%7.09%
Fair Value$505.04$1,371.29$1,463.32
Upside / Downside184.66%672.91%724.78%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)640.40679.38720.73764.60811.13860.50886.32
Payout Ratio26.83%39.47%52.10%64.73%77.37%90.00%92.50%
Projected Dividends (M)171.83268.12375.49494.94627.54774.45819.84

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate5.09%6.09%7.09%
Year 1 PV (M)249.81252.19254.57
Year 2 PV (M)325.97332.20338.50
Year 3 PV (M)400.33411.87423.63
Year 4 PV (M)472.93491.19509.97
Year 5 PV (M)543.79570.17597.55
PV of Terminal Value (M)17,359.9218,201.7819,075.98
Equity Value (M)19,352.7620,259.3921,200.19
Shares Outstanding (M)86.7086.7086.70
Fair Value$223.22$233.67$244.52
Upside / Downside25.81%31.71%37.82%

High-Yield Dividend Screener

« Prev Page 14 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
UVSPUnivest Financial Corporation2.69%$0.8728.95%
VBTXVeritex Holdings, Inc.2.69%$0.8138.53%
CBTCabot Corporation2.68%$1.8029.00%
PKOHPark-Ohio Holdings Corp.2.68%$0.5633.19%
WINAWinmark Corporation2.68%$10.7696.24%
CHCOCity Holding Company2.67%$3.2036.27%
IDAIDACORP, Inc.2.67%$3.4058.98%
LFVNLifeVantage Corporation2.67%$0.1618.67%
MMM3M Company2.67%$4.3168.77%
MSEXMiddlesex Water Company2.67%$1.3456.69%
ONBOld National Bancorp2.67%$0.6035.48%
0HQU.LCF Industries Holdings, Inc.2.66%$2.0724.22%
MGYMagnolia Oil & Gas Corporation2.66%$0.6032.28%
PEBKPeoples Bancorp of North Carolina, Inc.2.66%$0.9530.99%
GSBCGreat Southern Bancorp, Inc.2.65%$1.6326.64%
HDThe Home Depot, Inc.2.65%$9.1562.39%
MVBFMVB Financial Corp.2.65%$0.6827.31%
PPGPPG Industries, Inc.2.65%$2.7662.85%
TWMIXAmerican Century Emerging Markets Investor Class2.64%$0.4076.80%
0M2A.LAdeia Inc.2.63%$0.3553.29%
ALLYAlly Financial Inc.2.63%$1.2059.56%
FRAFFranklin Financial Services Corporation2.63%$1.2836.88%
LEALear Corporation2.63%$3.1237.81%
VHIValhi, Inc.2.63%$0.3249.46%
FHIFederated Hermes, Inc.2.62%$1.3727.23%
MKCMcCormick & Company, Incorporated2.62%$1.7661.04%
SLBSLB N.V.2.62%$1.0542.94%
BAHBooz Allen Hamilton Holding Corporation2.61%$2.2233.15%
GILDGilead Sciences, Inc.2.61%$3.1849.10%
AWRAmerican States Water Company2.60%$1.8855.89%
CBANColony Bankcorp, Inc.2.59%$0.4628.75%
MDUMDU Resources Group, Inc.2.59%$0.5162.41%
PLBCPlumas Bancorp2.59%$1.1427.38%
CRD-ACrawford & Company2.58%$0.2843.18%
WBSWebster Financial Corporation2.57%$1.6429.21%
FANGDiamondback Energy, Inc.2.56%$3.9026.98%
JEFJefferies Financial Group Inc.2.56%$1.6349.77%
UNHUnitedHealth Group Incorporated2.56%$8.6044.61%
DOXAmdocs Limited2.55%$2.0439.68%
DVNDevon Energy Corporation2.55%$0.9622.55%
TGNATEGNA Inc.2.55%$0.4923.26%
CFFIC&F Financial Corporation2.54%$1.8022.24%
MTHMeritage Homes Corporation2.54%$1.6821.92%
DTMDT Midstream, Inc.2.52%$3.0477.42%
LEVILevi Strauss & Co.2.52%$0.5234.78%
NFGNational Fuel Gas Company2.52%$2.0736.34%
AMNBAmerican National Bankshares Inc.2.51%$1.2048.76%
HIMYXPioneer High Income Municipal Fund Class Y2.51%$0.1481.31%
ACNBACNB Corporation2.50%$1.1837.66%
FMBHFirst Mid Bancshares, Inc.2.50%$0.9626.52%