Added to YB: 2024-09-24
Pitch date: 2024-09-23
OTIS [bullish]
Otis Worldwide Corporation
-7.83%
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
$95.63
Price Target
N/A
Dividend
1.91%
EV/EBITDA
15.50
P/E
25.99
EV/Sales
2.94
Sector
Machinery
Category
value
Moat GOAT: Otis Elevator
OTIS: Elevator industry leader w/ 70% market share. Razor-blade model: 59% revenue from high-margin service (84% of profit). 95% attach rate for maintenance. Moats: scale, switching costs, relationships. Growth drivers: modernization (33% of 16M elevators >20yrs old), China expansion.
Read full article (8 min)