Allegion Plc Stock Current Asset
| ALLE Stock | USD 175.60 1.91 1.10% |
Fundamental analysis of Allegion PLC allows traders to better anticipate movements in Allegion PLC's stock price by examining its financial health and performance throughout various phases of its business cycle.
The current year's Other Current Assets is expected to grow to about 51.7 M, whereas Non Current Assets Total are forecasted to decline to about 2 B. Allegion | Current Asset | Build AI portfolio with Allegion Stock |
Allegion PLC Company Current Asset Analysis
Allegion PLC's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Allegion PLC Current Asset | 735.1 M |
Most of Allegion PLC's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allegion PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Allegion Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Allegion PLC is extremely important. It helps to project a fair market value of Allegion Stock properly, considering its historical fundamentals such as Current Asset. Since Allegion PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Allegion PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Allegion PLC's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Allegion Total Assets
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In accordance with the recently published financial statements, Allegion PLC has a Current Asset of 735.1 M. This is 39.12% lower than that of the Building Products sector and 266.97% higher than that of the Industrials industry. The current asset for all United States stocks is 92.13% higher than that of the company.
Allegion Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allegion PLC's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Allegion PLC could also be used in its relative valuation, which is a method of valuing Allegion PLC by comparing valuation metrics of similar companies.Allegion PLC is currently under evaluation in current asset category among its peers.
Allegion PLC ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Allegion PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Allegion PLC's managers, analysts, and investors.Environmental | Governance | Social |
Allegion Fundamentals
| Return On Equity | 0.39 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 16.67 B | ||||
| Shares Outstanding | 85.85 M | ||||
| Shares Owned By Insiders | 1.12 % | ||||
| Shares Owned By Institutions | 99.35 % | ||||
| Number Of Shares Shorted | 2.58 M | ||||
| Price To Earning | 23.28 X | ||||
| Price To Book | 8.54 X | ||||
| Price To Sales | 3.89 X | ||||
| Revenue | 3.77 B | ||||
| Gross Profit | 1.74 B | ||||
| EBITDA | 916.9 M | ||||
| Net Income | 597.5 M | ||||
| Cash And Equivalents | 282.2 M | ||||
| Cash Per Share | 3.21 X | ||||
| Total Debt | 2 B | ||||
| Debt To Equity | 2.94 % | ||||
| Current Ratio | 1.79 X | ||||
| Book Value Per Share | 20.81 X | ||||
| Cash Flow From Operations | 675 M | ||||
| Short Ratio | 2.84 X | ||||
| Earnings Per Share | 7.29 X | ||||
| Price To Earnings To Growth | 2.00 X | ||||
| Target Price | 178.45 | ||||
| Number Of Employees | 14.4 K | ||||
| Beta | 1.08 | ||||
| Market Capitalization | 15.07 B | ||||
| Total Asset | 4.49 B | ||||
| Retained Earnings | 1.83 B | ||||
| Working Capital | 725.4 M | ||||
| Current Asset | 735.1 M | ||||
| Current Liabilities | 447.1 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.06 % | ||||
| Net Asset | 4.49 B | ||||
| Last Dividend Paid | 1.98 |
About Allegion PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allegion PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allegion PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allegion PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Allegion PLC is a strong investment it is important to analyze Allegion PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allegion PLC's future performance. For an informed investment choice regarding Allegion Stock, refer to the following important reports:Check out Allegion PLC Piotroski F Score and Allegion PLC Altman Z Score analysis. For information on how to trade Allegion Stock refer to our How to Trade Allegion Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegion PLC. If investors know Allegion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegion PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.045 | Dividend Share 1.98 | Earnings Share 7.29 | Revenue Per Share | Quarterly Revenue Growth 0.058 |
The market value of Allegion PLC is measured differently than its book value, which is the value of Allegion that is recorded on the company's balance sheet. Investors also form their own opinion of Allegion PLC's value that differs from its market value or its book value, called intrinsic value, which is Allegion PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegion PLC's market value can be influenced by many factors that don't directly affect Allegion PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegion PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegion PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegion PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.