Allegion plc (ALLE) is slightly overvalued and MSA Safety Inc (MSA) is overvalued.
Both trade above our estimate of their intrinsic value. ALLE is the closer of the two: -9%, against -23% for MSA.
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 9.3% (average of 3 methods) values the shares at $145.96; the price of $178.91 is 23% above that value, and 75% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | ALLE | MSA |
|---|---|---|
| Verdict | Slightly overvalued | Overvalued |
| Price | $153.95 | $178.91 |
| Intrinsic value | $141.63 | $145.96 |
| Margin of safety | -9% | -23% |
| Leak Score | 59/100 (3/12) | 59/100 (3/12) |
| Market cap | $13.1B | $6.9B |
| Revenue growth, 5 years | 8.4% | 6.8% |
| Operating margin | 20.8% | 22.3% |
| Net margin | 15.4% | 16.1% |
| Return on equity | 33.7% | 23.7% |
| Debt to equity | 1.05 | 0.46 |
| P/E | 20.2x | 22.3x |
| Forward P/E | 15.7x | 17.9x |
| P/B | 6.2x | 4.9x |
| Dividend yield | 1.4% | 1.2% |