AllegionMIL:1ALLE 94 3-Year ROIIC % is 17.69 as of Dec. 2025, which is 17% below its 10-year median of 21.40. GuruFocus rates MIL:1ALLE with a GF Score™ of 94/100 and a GF Value™ of €131.83. The stock has 2 warning signs investors should review. Among 1,008 Business Services companies, Allegion ranks better than 70.54% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Allegion's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 17.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Allegion's 3-Year ROIIC % or its related term are showing as below:
MIL:1ALLE's 3-Year ROIIC % is ranked better than 70.54% of 1008
companies
in the Business Services industry
Industry Median: 4.985
vs MIL:1ALLE: 17.69
Allegion (MIL:1ALLE) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Allegion 3-Year ROIIC % Related Terms
Allegion 3-Year ROIIC % Historical Data
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The historical data trend for Allegion's 3-Year ROIIC % 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.
MIL:1ALLE vs MSA, ADT, BRC: 3-Year ROIIC % Comparison
For the Security & Protection Services subindustry, Allegion's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, Allegion's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Allegion's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Allegion (MIL:1ALLE) has a 3-Year ROIIC % of 17.69 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Allegion and its competitors. This is 17% below median its historical median of 21.40. Over the past decade, Allegion's 3-Year ROIIC % has ranged from 4.15 to 140.26. According to the industry distribution chart, Allegion ranks #297 out of 1008 companies in the Business Services industry, placing it in the top 29.5%.
Is Allegion's 3-Year ROIIC % too high?
Allegion's current 3-Year ROIIC % of 17.69 is 17% below median its 10-year median of 21.40. Over the past 10 years, this metric has ranged from a low of 4.15 to a high of 140.26. The Business Services industry median 3-Year ROIIC % is 4.99. Allegion's value of 17.69 is 254.9% above this industry median. Based on the distribution chart, Allegion ranks #297 out of 1008 companies in the Business Services industry, which is above the industry midpoint. Overall, Allegion has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Allegion's 3-Year ROIIC % compare to MSA and ADT?
According to the Business Services industry distribution chart, Allegion ranks #297 out of 1008 companies for 3-Year ROIIC %. This puts Allegion in the upper half of its industry. The industry median 3-Year ROIIC % is 4.99. Allegion's value of 17.69 is 254.9% above this benchmark. Historically, Allegion's own 3-Year ROIIC % has ranged from 4.15 to 140.26 over the past decade. While the company's 10-year median is 21.40 vs. the industry median of 4.99, Allegion has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Business Services company?
The median 3-Year ROIIC % among Business Services companies is 4.99, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Allegion's current 3-Year ROIIC % of 17.69 is 254.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Allegion and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allegion's current 3-Year ROIIC % is 17.69, which is 17% below median its own 10-year median of 21.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allegion stock overvalued right now?
Allegion (MIL:1ALLE) has a current 3-Year ROIIC % of 17.69. The stock's GF Value™ is €131.83, compared to a current price of €120.90 — trading 8.3% below its estimated fair value. The current 3-Year ROIIC % is 17.69, which is 17% below median its 10-year median of 21.40 and 254.9% above the Business Services industry median of 4.99. Allegion's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Allegion (MIL:1ALLE), the current 3-Year ROIIC % is 17.69 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Allegion (MIL:1ALLE) Overvalued in 2026?
Based on GuruFocus' analysis, Allegion stock appears to be undervalued.
The current stock price of €120.90 is trading 8.3% below its estimated GF Value™ of €131.83.
Key valuation signals for MIL:1ALLE:
3-Year ROIIC %: 17.69 (17% below median its 10-year median of 21.40)
GF Value™: €131.83 vs. price of €120.90 (8.3% below fair value)
Industry Position: 254.9% above the Business Services median (#297 of 1008)
No single metric tells the full story. See the MIL:1ALLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 2024, Allegion generated over 75% of sales in the United States. The company primarily competes with Sweden-based Assa Abloy, Switzerland-based Dormakaba, and US-based Fortune Brands Innovations.
94GF Score
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