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ALLE vs. WTS: Allegion vs. Watts Water Stock Comparison

How do Allegion (ALLE) and Watts Water (WTS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Allegion (ALLE) and Watts Water (WTS) both fall under the Capital Goods industry group, but ALLE is classified in Building Products while WTS is classified in Machinery.

Company profile comparison for Allegion (ALLE) and Watts Water (WTS)
Profile ItemALLEWTS
NameAllegion plcWatts Water Technologies, Inc. Class A Common Stock
Country/RegionIrelandUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryBuilding ProductsMachinery
GICS Sub-IndustryBuilding ProductsIndustrial Machinery & Supplies & Components
Market Capitalization15.76 billion USD11.55 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateNovember 18, 2013August 21, 1986
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ALLE
WTS
GSPC
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Allegion (ALLE) vs. Watts Water (WTS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Allegion (ALLE) and Watts Water (WTS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Allegion (ALLE) and Watts Water (WTS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Allegion (ALLE) and Watts Water (WTS)
MetricALLEWTS
Total Return (1Y)14.68%33.85%
Total Return (3Y, Annualized)24.89%25.59%
Total Return (5Y, Annualized)8.85%12.56%

Risk Profile

Drawdown History

ALLE
WTS
GSPC
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Allegion (ALLE) vs. Watts Water (WTS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Allegion (ALLE) and Watts Water (WTS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Allegion (ALLE) and Watts Water (WTS)
MetricALLEWTS
Volatility (1Y, Annualized)30.24%27.38%
Beta (5Y)0.811.11
Max Drawdown (5Y)-33.82%-44.08%
Avg. Volume (3M)1.21M225.08K

Risk-Adjusted Performance

Risk-Return Positioning

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ALLE and WTS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Allegion (ALLE) and Watts Water (WTS)
MetricALLEWTS
Sharpe Ratio (1Y)0.341.08
Sortino Ratio (1Y)0.531.78

Profitability

ROE (TTM)

Both Allegion (ALLE) at 33.56% and Watts Water (WTS) at 20.91% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

ALLE

Capital Goods industry group

33.56%

Max
40.55%
ALLE
33.56%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%

WTS

Capital Goods industry group

20.91%

Max
40.55%
WTS
20.91%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Allegion (ALLE) at 15.74% and Watts Water (WTS) at 16.00% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

ALLE

Capital Goods industry group

15.74%

Max
27.47%
ALLE
15.74%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%

WTS

Capital Goods industry group

16.00%

Max
27.47%
WTS
16.00%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Allegion (ALLE) at 24.25% and Watts Water (WTS) at 20.85% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

ALLE

Capital Goods industry group

24.25%

Max
36.60%
ALLE
24.25%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%

WTS

Capital Goods industry group

20.85%

Max
36.60%
WTS
20.85%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Allegion (ALLE) and Watts Water (WTS)
MetricALLEWTS
ROE (TTM)33.56%20.91%
ROA (TTM)11.19%12.05%
Net Margin (TTM)15.74%16.00%
Operating Margin (TTM)24.25%20.85%
Gross Margin (TTM)45.09%49.09%

Growth

Revenue Growth

Both Allegion (ALLE) at 7.82% and Watts Water (WTS) at 8.27% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Allegion (ALLE) at 9.09% and Watts Water (WTS) at 17.03% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Allegion (ALLE) and Watts Water (WTS)
MetricALLEWTS
Revenue Growth (YoY)7.82%8.27%
Revenue Growth (3Y CAGR)7.52%7.20%
EPS Growth (YoY)9.09%17.03%
EPS Growth (3Y CAGR)12.75%10.78%

Financial Strength

Current Ratio (MRQ)

Both Allegion (ALLE) at 1.90 and Watts Water (WTS) at 2.80 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

ALLE

Capital Goods industry group

1.90

Max
5.22
Q3
2.95
Median
2.08
ALLE
1.90
Q1
1.43
Min
0.36

WTS

Capital Goods industry group

2.80

Max
5.22
Q3
2.95
WTS
2.80
Median
2.08
Q1
1.43
Min
0.36
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Watts Water (WTS) at 0.08 keeps leverage in the lower industry quartile, while Allegion (ALLE) at 1.02 runs a more typical debt-to-equity mix.

ALLE

Capital Goods industry group

1.02

Max
2.33
Q3
1.12
ALLE
1.02
Median
0.60
Q1
0.29
Min
0.00

WTS

Capital Goods industry group

0.08

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
WTS
0.08
Min
0.00
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Allegion (ALLE) and Watts Water (WTS)
MetricALLEWTS
Current Ratio (MRQ)1.902.80
Debt / Equity (MRQ)1.020.08
Net Debt / EBITDA1.67-0.40

Dividends

Dividend Yield (TTM)

Allegion (ALLE) at 1.15% delivers top-quartile income for its industry, while Watts Water (WTS) at 0.66% pays a more typical yield — both are credible income propositions, ALLE the richer one.

ALLE

Capital Goods industry group

1.15%

Max
2.66%
ALLE
1.15%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%

WTS

Capital Goods industry group

0.66%

Max
2.66%
Q3
1.14%
WTS
0.66%
Median
0.24%
Q1
0.00%
Min
0.00%
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Allegion (ALLE) at 26.87% and Watts Water (WTS) at 17.24% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

ALLE

Capital Goods industry group

26.87%

Max
67.39%
Q3
28.02%
ALLE
26.87%
Median
6.86%
Q1
0.00%
Min
0.00%

WTS

Capital Goods industry group

17.24%

Max
67.39%
Q3
28.02%
WTS
17.24%
Median
6.86%
Q1
0.00%
Min
0.00%
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Allegion (ALLE) and Watts Water (WTS)
MetricALLEWTS
Dividend Yield (TTM)1.15%0.66%
Dividend Payout Ratio (TTM)26.87%17.24%

Valuation

P/E Ratio (TTM)

Both Allegion (ALLE) at 23.06 and Watts Water (WTS) at 25.95 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

ALLE

Capital Goods industry group

23.06

Max
59.38
Q3
35.92
Median
25.41
ALLE
23.06
Q1
19.47
Min
3.03

WTS

Capital Goods industry group

25.95

Max
59.38
Q3
35.92
WTS
25.95
Median
25.41
Q1
19.47
Min
3.03
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Allegion (ALLE) at 3.59 is priced about in line with its industry on P/S ratio, while Watts Water (WTS) at 4.14 sits in the pricier quartile — WTS costs more per dollar of sales.

ALLE

Capital Goods industry group

3.59

Max
7.54
Q3
3.76
ALLE
3.59
Median
2.15
Q1
1.03
Min
0.03

WTS

Capital Goods industry group

4.14

Max
7.54
WTS
4.14
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Watts Water (WTS) at 4.98 is valued about in line with its industry on P/B ratio, while Allegion (ALLE) at 7.20 carries an above-peer premium to book — ALLE is pricier on assets.

ALLE

Capital Goods industry group

7.20

Max
9.66
ALLE
7.20
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

WTS

Capital Goods industry group

4.98

Max
9.66
Q3
5.00
WTS
4.98
Median
3.12
Q1
1.81
Min
-1.08
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Allegion (ALLE) vs. Watts Water (WTS): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Allegion (ALLE) and Watts Water (WTS)
MetricALLEWTS
P/E Ratio (TTM)23.0625.95
P/S Ratio (TTM)3.594.14
P/B Ratio (MRQ)7.204.98
Free Cash Flow Yield (TTM)3.69%2.21%