Based on the measurements of operating efficiency obtained from Otis Worldwide's historical financial statements, Otis Worldwide Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Otis Worldwide's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Short and Long Term Debt is likely to gain to about 1.4 B in 2025, whereas Other Current Liabilities is likely to drop slightly above 1.3 B in 2025. Key indicators impacting Otis Worldwide's financial strength include:
The essential information of the day-to-day investment outlook for Otis Worldwide includes many different criteria found on its balance sheet. An individual investor should monitor Otis Worldwide's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Otis Worldwide.
Please note, the imprecision that can be found in Otis Worldwide's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Otis Worldwide Corp. Check Otis Worldwide's Beneish M Score to see the likelihood of Otis Worldwide's management manipulating its earnings.
Otis Worldwide Stock Summary
Otis Worldwide competes with Parker Hannifin, Eaton PLC, Dover, Illinois Tool, and Emerson Electric. Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company was founded in 1853 and is headquartered in Farmington, Connecticut. Otis Worldwide operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 70000 people.
The reason investors look at the income statement is to determine what Otis Worldwide's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Otis Worldwide's current stock value. Our valuation model uses many indicators to compare Otis Worldwide value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Otis Worldwide competition to find correlations between indicators driving Otis Worldwide's intrinsic value. More Info.
Otis Worldwide Corp is regarded second in return on asset category among its peers. It is rated below average in profit margin category among its peers fabricating about 0.84 of Profit Margin per Return On Asset. The ratio of Return On Asset to Profit Margin for Otis Worldwide Corp is roughly 1.19 . At this time, Otis Worldwide's Net Profit Margin is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Otis Worldwide by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Otis Worldwide Corp Systematic Risk
Otis Worldwide's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Otis Worldwide volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Otis Worldwide Corp correlated with the market. If Beta is less than 0 Otis Worldwide generally moves in the opposite direction as compared to the market. If Otis Worldwide Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Otis Worldwide Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Otis Worldwide is generally in the same direction as the market. If Beta > 1 Otis Worldwide moves generally in the same direction as, but more than the movement of the benchmark.
Otis Worldwide Thematic Clasifications
Otis Worldwide Corp is part of Electrical Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Electrical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Electrical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Otis Worldwide Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Otis Worldwide's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Otis Worldwide growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Otis Worldwide help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Otis Worldwide Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Otis Worldwide Corp based on widely used predictive technical indicators. In general, we focus on analyzing Otis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Otis Worldwide's daily price indicators and compare them against related drivers.
When running Otis Worldwide's price analysis, check to measure Otis Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.