AI Spotlight on OTIS
Company Description
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally.The company operates in two segments, New Equipment and Service.The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects.
The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators.It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices.The company was founded in 1853 and is headquartered in Farmington, Connecticut.
Market Data
Last Price | 95.36 |
Change Percentage | 0.75% |
Open | 96.93 |
Previous Close | 94.65 |
Market Cap ( Millions) | 38093 |
Volume | 2499615 |
Year High | 106.33 |
Year Low | 87.57 |
M A 50 | 96.6 |
M A 200 | 96.96 |
Financial Ratios
FCF Yield | 3.77% |
Dividend Yield | 1.58% |
ROE | -33.20% |
Debt / Equity | -177.85% |
Net Debt / EBIDTA | 292.96% |
Price To Book | -7.84 |
Price Earnings Ratio | 23.11 |
Price To FCF | 26.51 |
Price To sales | 2.67 |
EV / EBITDA | 20.58 |
News
- Jan -30 - Otis Declares Quarterly Dividend of $0.39 per Share
- Jan -29 - Otis Worldwide Earnings Miss Estimates in Q4, Stock Price Decreases
- Jan -29 - Otis Worldwide Corporation (OTIS) Q4 2024 Earnings Call Transcript
- Jan -29 - Otis Worldwide (OTIS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- Jan -29 - Otis Worldwide (OTIS) Q4 Earnings Miss Estimates
- Jan -29 - OTIS REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
- Jan -28 - Otis Worldwide: A Boring Dividend Growth Stock I Just Bought (Rating Upgrade)
- Jan -28 - Can The Magnificent 7 Maintain An Upbeat Earnings Season?
- Jan -27 - Otis Worldwide to Report Q4 Earnings: Here's What to Expect
- Jan -27 - U.S. Elevator Manufacturing Industry Market Report 2025, with Coverage of Schindler, Otis Worldwide, One and TK Elevator
- Jan -16 - Otis Authorizes $2 Billion for Share Repurchase
- Jan -08 - Otis Fourth Quarter 2024 Earnings Advisory
- Dec -27 - Here's Why Investors Must Retain Otis Worldwide Stock for Now
- Dec -05 - OTIS to Install SkyRise Elevator System in Kuala Lumpur's Dawn KLCC
- Nov -27 - Otis Worldwide: Strong Business And Dividend Growth, But Weak Momentum
- Oct -31 - Otis Declares Quarterly Dividend of $0.39 per Share
- Oct -30 - Otis Worldwide Corporation (OTIS) Q3 2024 Earnings Call Transcript
- Oct -30 - Otis Worldwide's Q3 Earnings & Sales Miss Estimates, '24 View Down
- Oct -30 - Compared to Estimates, Otis Worldwide (OTIS) Q3 Earnings: A Look at Key Metrics
- Oct -30 - Otis Worldwide (OTIS) Misses Q3 Earnings and Revenue Estimates
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Service
Expected Growth : 3.5 %
What the company do ?
Otis Worldwide Corporation's service segment provides maintenance, repair, and modernization services for elevators, escalators, and moving walkways.
Why we expect these perspectives ?
Otis Worldwide Corporation's 3.5% growth in service segment is driven by increasing urbanization, growing demand for elevator modernization, and rising need for maintenance services. Additionally, the company's focus on digitalization, energy efficiency, and customer experience enhancements also contribute to this growth.
Segment nΒ°2 -> New Equipment
Expected Growth : 2.5 %
What the company do ?
Otis Gen2 elevator, a new equipment from Otis Worldwide Corporation, features a compact, energy-efficient design with improved safety and reduced maintenance.
Why we expect these perspectives ?
Otis Worldwide Corporation's 2.5% growth in new equipment is driven by increasing urbanization, rising demand for energy-efficient elevators, and growing investments in infrastructure development. Additionally, the company's focus on innovation, digitalization, and strategic acquisitions are expected to contribute to its growth momentum.
Otis Worldwide Corporation Products
Product Range | What is it ? |
---|---|
Elevators | Otis Worldwide Corporation designs, manufactures, and installs elevators for residential and commercial buildings, including high-rise buildings, offices, hotels, and hospitals. |
Escalators | Otis provides escalators for shopping malls, airports, train stations, and other public transportation hubs, designed for high-traffic areas. |
Moving Walks | Otis offers moving walks, also known as autowalks, for airports, train stations, and other public transportation hubs, designed for high-traffic areas. |
Modernization Services | Otis provides modernization services to upgrade and refurbish existing elevators, escalators, and moving walks, improving safety, efficiency, and reliability. |
Maintenance and Repair Services | Otis offers maintenance and repair services to ensure the safe and efficient operation of elevators, escalators, and moving walks. |
New Equipment Installation | Otis designs, manufactures, and installs new elevators, escalators, and moving walks for new construction projects and building renovations. |
Otis Worldwide Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Otis Worldwide Corporation is moderate due to the presence of alternative products and services in the elevator and escalator industry.
Bargaining Power Of Customers
The bargaining power of customers is low for Otis Worldwide Corporation due to the company's strong brand reputation and the lack of price sensitivity among its customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate for Otis Worldwide Corporation due to the presence of multiple suppliers in the market and the company's ability to negotiate prices.
Threat Of New Entrants
The threat of new entrants is low for Otis Worldwide Corporation due to the high barriers to entry in the elevator and escalator industry, including high capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high for Otis Worldwide Corporation due to the presence of several established players in the market, leading to intense competition and pricing pressure.
Capital Structure
Value | |
---|---|
Debt Weight | 306.63% |
Debt Cost | 3.95% |
Equity Weight | -206.63% |
Equity Cost | 8.57% |
WACC | -5.61% |
Leverage | -148.40% |
Otis Worldwide Corporation : Quality Control
Otis Worldwide Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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EMR | Emerson Electric Co., a technology and engineering company, provides various solutions for customers in industrial, commercial, and residential markets in the Americas, Asia, the Middle East, Africa, and Europe. The β¦ |
IR | Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle and medical technologies in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through β¦ |
AME | AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide. It operates in two segments, Electronic Instruments (EIG) and Electromechanical (EMG). The company's EIG segment offers advanced instruments for β¦ |