Allegion plc (ALLE) is slightly overvalued and Brady Corp (BRC) is fairly valued.
Against our estimates of intrinsic value, BRC trades at the wider discount: a margin of safety of +3%, against -9% for ALLE.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.8% (average of 3 methods) values the shares at $141.63; the price of $153.95 is 9% above that value, and 77% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
Discounting its cash flows at 8.5% (average of 3 methods) values the shares at $85.65; the price of $83.39 is 3% below that value, and 78% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | ALLE | BRC |
|---|---|---|
| Verdict | Slightly overvalued | Fairly valued |
| Price | $153.95 | $83.39 |
| Intrinsic value | $141.63 | $85.65 |
| Margin of safety | -9% | +3% |
| Leak Score | 59/100 (3/12) | 59/100 (3/12) |
| Market cap | $13.1B | $3.9B |
| Revenue growth, 5 years | 8.4% | 7.7% |
| Operating margin | 20.8% | 15.8% |
| Net margin | 15.4% | 12.4% |
| Return on equity | 33.7% | 16.1% |
| Debt to equity | 1.05 | 0.06 |
| P/E | 20.2x | 19.4x |
| Forward P/E | 15.7x | 11.6x |
| P/B | 6.2x | 2.9x |
| Dividend yield | 1.4% | 1.2% |