Added to YB: 2026-09-04
Pitch date: 2026-09-02
OTIS [bullish]
Otis Worldwide Corporation
+0.17%
current return
Author Info
No bio for this author
Company Info
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.
Market Cap
$26.9B
Pitch Price
$71.36
Price Target
78.81 (+11%)
Dividend
2.47%
EV/EBITDA
12.28
P/E
18.14
EV/Sales
2.36
Sector
Machinery
Category
value
The Annuity in the Shaft - Otis Worldwide (NYSE:OTIS)
OTIS: Otis is primarily a regulated maintenance annuity, not a China-dependent manufacturer: service contributes 65% of revenue and 91% of segment operating profit, while organic service sales grew 9% and the modernisation backlog rose 26%. Probability-weighted value is $78.81 versus $70.53, only 11.7% upside. Target exposure is 7%, staged, given discount-rate sensitivity, uncertain Chinese aftermarket capture and debt-funded capital returns.
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