Otis Worldwide Corp
OTIS
Market Cap$41.88B
Close$
Earnings Call Q2 2024
July 24, 2024 - AI Summary
Otis reported solid second quarter results, with service organic sales growing mid-single digits and adjusted EPS increasing by 15%.
The company's new equipment orders were down 11% in the quarter, primarily driven by a decline in China. However, there was growth in EMEA and Asia-Pacific regions.
Otis' service segment continued to perform well, with maintenance portfolio growth of 4.2% and a 17% increase in modernization backlog at constant currency.
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$87.58
16.2% downside
Current Fair Value
16.2% downsideOvervalued by 16.2% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $41.88 Billion |
|---|---|
| Enterprise Value | $50.92 Billion |
| Dividend Yield | $1.56 (1.39632746748278%) |
| Earnings per Share | $3.42 |
| Beta | 0.93 |
| Outstanding Shares | 402,900,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 28.72 |
|---|---|
| PEG | 276.86 |
| Price to Sales | 2.99 |
| Price to Book Ratio | -8.04 |
| Enterprise Value to Revenue | 3.59 |
| Enterprise Value to EBIT | 22.84 |
| Enterprise Value to Net Income | 34 |
| Total Debt to Enterprise | 0.2 |
| Debt to Equity | -1.98 |
Revenue Sources
No data
Insider Trades
ESG Score
No data