Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Otis Worldwide's Enterprise Value is €40,605 Mil.
Otis Worldwide's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €2,050 Mil. Therefore, Otis Worldwide's EV-to-EBIT ratio for today is 19.81.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Otis Worldwide's Enterprise Value is €40,605 Mil.
Otis Worldwide's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €2,225 Mil. Therefore, Otis Worldwide's EV-to-EBITDA ratio for today is 18.25.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Otis Worldwide's Enterprise Value is €40,605 Mil.
Otis Worldwide's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €13,216 Mil. Therefore, Otis Worldwide's EV-to-Revenue ratio for today is 3.07.
Otis Worldwide Enterprise Value Historical Data
The historical data trend for Otis Worldwide's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Otis Worldwide's Enterprise Value
For the Specialty Industrial Machinery subindustry, Otis Worldwide's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Otis Worldwide's Enterprise Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Otis Worldwide's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Otis Worldwide's Enterprise Value falls into.
Otis Worldwide Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Otis Worldwide's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Otis Worldwide (WBO:OTIS) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Otis Worldwide's current Enterprise Value is €40,605 Mil.
Otis Worldwide's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,050 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Otis Worldwide's current Enterprise Value is €40,605 Mil.
Otis Worldwide's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,225 Mil.
Otis Worldwide's current Enterprise Value is €40,605 Mil.
Otis Worldwide's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €13,216 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Otis Worldwide Enterprise Value Related Terms
Thank you for viewing the detailed overview of Otis Worldwide's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
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