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Otis Worldwide (WBO:OTIS) EV-to-FCF

: 30.36 (As of Today)
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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Otis Worldwide's Enterprise Value is €41,818 Mil. Otis Worldwide's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was €1,378 Mil. Therefore, Otis Worldwide's EV-to-FCF for today is 30.36.

The historical rank and industry rank for Otis Worldwide's EV-to-FCF or its related term are showing as below:

WBO:OTIS' s EV-to-FCF Range Over the Past 10 Years
Min: 14.53   Med: 26.62   Max: 35.31
Current: 29.83

During the past 7 years, the highest EV-to-FCF of Otis Worldwide was 35.31. The lowest was 14.53. And the median was 26.62.

WBO:OTIS's EV-to-FCF is ranked worse than
63% of 1681 companies
in the Industrial Products industry
Industry Median: 20.79 vs WBO:OTIS: 29.83

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-18), Otis Worldwide's stock price is €89.34. Otis Worldwide's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was €3.146. Therefore, Otis Worldwide's PE Ratio for today is 28.40.


Otis Worldwide EV-to-FCF Historical Data

The historical data trend for Otis Worldwide's EV-to-FCF 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.

* Premium members only.

Otis Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Premium Member Only Premium Member Only - 26.72 27.52 26.79 28.62

Otis Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.79 33.55 32.77 28.68 28.62

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Otis Worldwide's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF Distribution

For the Industrial Products industry and Industrials sector, Otis Worldwide's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Otis Worldwide's EV-to-FCF falls into.



Otis Worldwide EV-to-FCF Calculation

Otis Worldwide's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=41818.358/1377.608
=30.36

Otis Worldwide's current Enterprise Value is €41,818 Mil.
Otis Worldwide's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,378 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  (WBO:OTIS) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Otis Worldwide's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=89.34/3.146
=28.40

Otis Worldwide's share price for today is €89.34.
Otis Worldwide's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.146.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Otis Worldwide EV-to-FCF Related Terms

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Otis Worldwide (WBO:OTIS) Business Description

Traded in Other Exchanges
Address
One Carrier Place, Farmington, CT, USA, 06032
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.

Otis Worldwide (WBO:OTIS) Headlines