Home Compare ALLE vs HLMA.L
Stock Comparison · Valuation-led comparison

Allegion vs Halma: Which Stock Looks Stronger in 2026?

Allegion leads structurally, with valuation as the clearest single gap between the two profiles. Halma still leads on growth and profitability, which keeps the comparison from looking entirely one-sided. The market setup is currently leaning toward Halma, which does not confirm the structural lead. That leaves a split case: the structural lead stays with Allegion, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (ALLE: S&P 500, HLMA.L: STOXX 600).

Updated 2026-07-05

The comparison is mainly decided in valuation, with the rest of the profile carrying less weight.

Trajectory Similarity
0.78
Similar
Peer-set rank: #24
within Allegion plc's functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

The strongest overlap appears in margin consistency and investment intensity.

Similarity drivers
margin consistencyinvestment intensity
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
ALLE
Allegion plc
55
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
HLMA.L
Halma plc
49
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: ALLE vs HLMA.L Profitability 39 56 Stability 40 38 Valuation 87 38 Growth 45 68 ALLE HLMA.L
Gap Ranking
#1 Valuation +49
#2 Growth +23
#3 Profitability +17
#4 Stability +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ALLE and HLMA.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ALLEHLMA.L Relative valuation Structural strength

Halma plc occupies the cheaper side of the setup map, although Allegion plc still holds the stronger structural profile.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Valuation
Allegion plc ranks near the top of the group on valuation; Halma plc sits in the weaker half.
Growth
On growth, the same pattern holds: both are strong, but Halma plc still leads clearly.
Valuation — Dominant Gap
ALLE
87
HLMA.L
38
Gap+49in favour of ALLE

The multiple-based pricing edge comes from a forward P/E that is 13.8 turns lower.

What keeps the gap from being one-sided

Earnings growth also leans toward HLMA.L, which keeps the score lead from reading as a full growth sweep.

What this means for the comparison

The main read on valuation is clearer than the broader score gap.

Explore full peer positioning in AssetNext

Break down the ALLE vs HLMA.L comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how ALLE and HLMA.L each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.