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Allegion (STU:60A) Cyclically Adjusted Price-to-FCF : 25.24 (As of Jun. 08, 2024)


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What is Allegion Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Allegion's current share price is €107.00. Allegion's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.24. Allegion's Cyclically Adjusted Price-to-FCF for today is 25.24.

The historical rank and industry rank for Allegion's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:60A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.95   Med: 26.87   Max: 31.2
Current: 25.34

During the past years, Allegion's highest Cyclically Adjusted Price-to-FCF was 31.20. The lowest was 21.95. And the median was 26.87.

STU:60A's Cyclically Adjusted Price-to-FCF is ranked worse than
65.49% of 368 companies
in the Business Services industry
Industry Median: 18.145 vs STU:60A: 25.34

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Allegion's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.250. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €4.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allegion Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Allegion's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allegion Cyclically Adjusted Price-to-FCF Chart

Allegion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 26.01 27.75

Allegion Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.52 27.60 23.59 27.75 29.20

Competitive Comparison of Allegion's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Allegion's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allegion's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Allegion's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Allegion's Cyclically Adjusted Price-to-FCF falls into.



Allegion Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Allegion's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=107.00/4.24
=25.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Allegion's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Allegion's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.25/120.9901*120.9901
=0.250

Current CPI (Mar. 2024) = 120.9901.

Allegion Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.362 100.773 0.435
201409 0.756 100.474 0.910
201412 0.604 99.576 0.734
201503 -0.048 99.975 -0.058
201506 0.181 100.573 0.218
201509 0.777 100.274 0.938
201512 1.171 99.676 1.421
201603 -0.076 99.676 -0.092
201606 0.854 101.072 1.022
201609 0.619 100.274 0.747
201612 1.785 99.676 2.167
201703 -0.474 100.374 -0.571
201706 0.847 100.673 1.018
201709 0.821 100.474 0.989
201712 1.422 100.075 1.719
201803 -0.159 100.573 -0.191
201806 1.044 101.072 1.250
201809 1.170 101.371 1.396
201812 1.659 100.773 1.992
201903 -0.232 101.670 -0.276
201906 0.961 102.168 1.138
201909 1.471 102.268 1.740
201912 1.850 102.068 2.193
202003 0.184 102.367 0.217
202006 0.810 101.769 0.963
202009 1.397 101.072 1.672
202012 1.663 101.072 1.991
202103 0.972 102.367 1.149
202106 1.320 103.364 1.545
202109 0.735 104.859 0.848
202112 1.137 106.653 1.290
202203 0.121 109.245 0.134
202206 0.780 112.779 0.837
202209 1.616 113.504 1.723
202212 1.823 115.436 1.911
202303 0.493 117.609 0.507
202306 1.499 119.662 1.516
202309 1.384 120.749 1.387
202312 2.035 120.749 2.039
202403 0.250 120.990 0.250

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Allegion  (STU:60A) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Allegion Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Allegion's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Allegion (STU:60A) Business Description

Industry
Traded in Other Exchanges
Address
Harcourt Road, Iveagh Court, Block D, Dublin 2, IRL, D02 VH94
Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2022, Allegion generated 73% of sales in the United States. The company mainly competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.

Allegion (STU:60A) Headlines

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