Otis Worldwide Net Worth

Otis Worldwide Net Worth Breakdown

  OTIS
The net worth of Otis Worldwide Corp is the difference between its total assets and liabilities. Otis Worldwide's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Otis Worldwide's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Otis Worldwide's net worth can be used as a measure of its financial health and stability which can help investors to decide if Otis Worldwide is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Otis Worldwide Corp stock.

Otis Worldwide Net Worth Analysis

Otis Worldwide's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Otis Worldwide's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Otis Worldwide's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Otis Worldwide's net worth analysis. One common approach is to calculate Otis Worldwide's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Otis Worldwide's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Otis Worldwide's net worth. This approach calculates the present value of Otis Worldwide's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Otis Worldwide's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Otis Worldwide's net worth. This involves comparing Otis Worldwide's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Otis Worldwide's net worth relative to its peers.
To determine if Otis Worldwide is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Otis Worldwide's net worth research are outlined below:
Otis Worldwide Corp generated a negative expected return over the last 90 days
Otis Worldwide Corp currently holds 7.31 B in liabilities with Debt to Equity (D/E) ratio of 4.12, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Otis Worldwide Corp has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Otis Worldwide's use of debt, we should always consider it together with its cash and equity.
Over 93.0% of Otis Worldwide shares are owned by institutional investors
On 6th of December 2024 Otis Worldwide paid $ 0.39 per share dividend to its current shareholders
Latest headline from thelincolnianonline.com: City Holding Co. Boosts Holdings in Otis Worldwide Co.

Otis Worldwide Quarterly Good Will

1.55 Billion

Otis Worldwide uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Otis Worldwide Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Otis Worldwide's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
31st of January 2024
Upcoming Quarterly Report
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24th of April 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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31st of January 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Otis Worldwide Target Price Consensus

Otis target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Otis Worldwide's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   17  Buy
Most Otis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Otis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Otis Worldwide Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Otis Worldwide Target Price Projection

Otis Worldwide's current and average target prices are 95.41 and 100.94, respectively. The current price of Otis Worldwide is the price at which Otis Worldwide Corp is currently trading. On the other hand, Otis Worldwide's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Otis Worldwide Market Quote on 31st of January 2025

Low Price95.36Odds
High Price95.41Odds

95.41

Target Price

Analyst Consensus On Otis Worldwide Target Price

Low Estimate91.86Odds
High Estimate112.05Odds

100.945

Historical Lowest Forecast  91.86 Target Price  100.95 Highest Forecast  112.05
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Otis Worldwide Corp and the information provided on this page.

Know Otis Worldwide's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Otis Worldwide is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Otis Worldwide Corp backward and forwards among themselves. Otis Worldwide's institutional investor refers to the entity that pools money to purchase Otis Worldwide's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Fundsmith Llp2024-09-30
6.1 M
Grantham, Mayo, Van Otterloo & Co., Llc2024-09-30
5.1 M
Bls Capital Fondsmæglerselskab A/s2024-09-30
4.6 M
Northern Trust Corp2024-09-30
4.1 M
Sarasin & Partners Llp2024-12-31
4.1 M
Amvescap Plc.2024-09-30
3.7 M
Bank Of America Corp2024-09-30
3.7 M
Wellington Management Company Llp2024-09-30
3.7 M
Legal & General Group Plc2024-09-30
3.6 M
Vanguard Group Inc2024-09-30
44.9 M
Blackrock Inc2024-09-30
32.5 M
Note, although Otis Worldwide's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Otis Worldwide's market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 38.09 B.

Market Cap

15.68 Billion

Project Otis Worldwide's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.15  0.11 
Return On Capital Employed 0.54  0.39 
Return On Assets 0.13  0.09 
Return On Equity(0.33)(0.31)
The company has Profit Margin (PM) of 0.11 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.17.
When accessing Otis Worldwide's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Otis Worldwide's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Otis Worldwide's profitability and make more informed investment decisions.
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.

Evaluate Otis Worldwide's management efficiency

Otis Worldwide Corp has return on total asset (ROA) of 0.1408 % which means that it generated a profit of $0.1408 on every $100 spent on assets. This is way below average. Otis Worldwide's management efficiency ratios could be used to measure how well Otis Worldwide manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.11 in 2025. Return On Capital Employed is likely to drop to 0.39 in 2025. At this time, Otis Worldwide's Other Assets are comparatively stable compared to the past year. Intangible Assets is likely to gain to about 380 M in 2025, despite the fact that Net Tangible Assets are likely to grow to (5.7 B).
Last ReportedProjected for Next Year
Book Value Per Share(13.19)(12.53)
Tangible Book Value Per Share(18.57)(17.64)
Enterprise Value Over EBITDA 16.24  11.32 
Price Book Value Ratio(8.60)(8.17)
Price Fair Value(8.60)(8.17)
Enterprise Value Multiple 16.24  11.32 
Enterprise Value16.8 B15 B
The operational strategies employed by Otis Worldwide management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Enterprise Value Revenue
3.1144
Revenue
14.2 B
Quarterly Revenue Growth
0.007
Revenue Per Share
35.166
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Otis Worldwide insiders, such as employees or executives, is commonly permitted as long as it does not rely on Otis Worldwide's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Otis Worldwide insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Otis Worldwide Corporate Filings

8K
29th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
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F4
4th of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
20th of November 2024
Certification of the accuracy of the financial statements and disclosures
ViewVerify
15th of November 2024
Other Reports
ViewVerify
Otis Worldwide time-series forecasting models is one of many Otis Worldwide's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Otis Worldwide's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Otis Worldwide Earnings per Share Projection vs Actual

Otis Worldwide Corporate Management

Jeffrey BlackIndependent DirectorProfile
Michael RyanChief Accounting Officer, Vice PresidentProfile
Bernardo FernandezPresident Otis EMEAProfile
Bryant HensonExecutive Vice President - Global Strategy and Business DevelopmentProfile
Shelley StewartIndependent DirectorProfile
Robin FialaVice MarketingProfile

Additional Tools for Otis Stock Analysis

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.