Added to YB: 2024-08-07
Pitch date: 2024-08-05
OTIS [bullish]
Otis Worldwide Corporation
-3.06%
current return
Author Info
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Company Info
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.
Market Cap
$34.3B
Pitch Price
$91.37
Price Target
N/A
Dividend
1.91%
EV/EBITDA
15.50
P/E
25.99
EV/Sales
2.94
Sector
Machinery
Category
growth
Otis Worldwide Corporation - $OTIS
OTIS: Global elevator leader, 2.2M units under maintenance. 57% revenue from high-margin service. Strong moat: scale, switching costs, brand. Urbanization & modernization drive growth. 94% customer retention, 100-120% FCF conversion. Trades at 26x FCF. Risks: cyclicality, competition. Management targets 25-26% tax rate, $8B capital deployment 2024-2028.
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