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Schindler Holding AG (CH:SCHP)
:SCHP

Schindler Holding AG (SCHP) AI Stock Analysis

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Schindler Holding AG

(OTC:SCHP)

72Outperform
Schindler Holding AG's stock demonstrates strong financial performance with a solid balance sheet and cash flow. The technical analysis indicates upward momentum, although with some caution due to overbought signals. Valuation concerns arise from a high P/E ratio, while the earnings call presents a balanced view of growth opportunities and external risks. Overall, the stock is well-positioned for growth but with some valuation and market challenges.

Schindler Holding AG (SCHP) vs. S&P 500 (SPY)

Schindler Holding AG Business Overview & Revenue Model

Company DescriptionSchindler Holding AG engages in the production, installation, maintenance, and modernization of elevators, escalators, and moving walks worldwide. It also offers digital media services for providing information, communication, and entertainment channels, such as Schindler Ahead DoorShow, which displays information, advertising, and announcements on the elevator landing doors; Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; Schindler Ahead AdScreen that delivers messages on screen inside the elevator; and Schindler Ahead MediaScreen, an in-car media solution for elevators. In addition, the company provides digital services, including Schindler Ahead ActionBoard that collates all the important statistics, activities, and performance data of elevators; and Schindler Ahead RemoteMonitoring which provides information about equipment's health. Further, it also offers s digital solutions for transit and building management. The company provides its products and services to residential buildings, office buildings, hotels, healthcare facilities, malls and retail facilities, public transport locations, mixed-use buildings, institutional buildings, and marines, as well as stadiums, arenas, and convention centers. Schindler Holding AG was founded in 1874 and is based in Hergiswil, Switzerland.
How the Company Makes MoneySchindler Holding AG generates revenue primarily through the sale, installation, and maintenance of elevators and escalators. The company's business model is divided into two main segments: New Installations and Maintenance & Modernization. New Installations involve the sale and installation of elevators and escalators, which is a significant source of initial revenue. The Maintenance & Modernization segment provides long-term, recurring income through service contracts that ensure the operational efficiency and safety of installed systems. This segment includes regular maintenance, repairs, and modernization services to upgrade existing systems and extend their lifecycle. Additionally, Schindler benefits from strategic partnerships and collaborations with real estate developers, architects, and construction companies, which help secure projects and expand its market presence.

Schindler Holding AG Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
11.24B11.49B11.35B11.24B10.64B
Gross Profit
7.03B8.06B3.02B3.19B2.96B
EBIT
1.27B1.19B882.00M1.13B1.18B
EBITDA
1.65B1.58B1.27B1.49B1.39B
Net Income Common Stockholders
950.00M866.00M610.00M828.00M722.00M
Balance SheetCash, Cash Equivalents and Short-Term Investments
4.07B3.57B3.44B3.82B3.39B
Total Assets
12.00B11.31B11.81B11.97B10.88B
Total Debt
794.00M699.00M1.04B1.09B939.00M
Net Debt
-1.80B-1.64B-1.11B-1.75B-1.54B
Total Liabilities
6.95B6.60B7.36B7.54B6.87B
Stockholders Equity
4.95B4.60B4.33B4.30B3.89B
Cash FlowFree Cash Flow
1.49B1.17B558.00M1.18B1.44B
Operating Cash Flow
1.59B1.27B688.00M1.31B1.58B
Investing Cash Flow
-476.00M44.00M-646.00M-374.00M-671.00M
Financing Cash Flow
-882.00M-1.05B-683.00M-614.00M-740.00M

Schindler Holding AG Technical Analysis

Technical Analysis Sentiment
Positive
Last Price294.00
Price Trends
50DMA
277.38
Positive
100DMA
265.01
Positive
200DMA
252.75
Positive
Market Momentum
MACD
6.09
Negative
RSI
64.30
Neutral
STOCH
78.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:SCHP, the sentiment is Positive. The current price of 294 is above the 20-day moving average (MA) of 278.39, above the 50-day MA of 277.38, and above the 200-day MA of 252.75, indicating a bullish trend. The MACD of 6.09 indicates Negative momentum. The RSI at 64.30 is Neutral, neither overbought nor oversold. The STOCH value of 78.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:SCHP.

Schindler Holding AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
$31.10B33.5519.73%1.90%-2.24%9.68%
70
Outperform
CHF1.64B21.34
2.82%10.38%18.74%
70
Neutral
CHF3.82B16.88
2.92%-11.73%-35.55%
64
Neutral
$4.24B11.645.23%249.83%4.07%-10.54%
61
Neutral
CHF1.51B24.20
1.72%-5.25%-6.32%
CHGF
54
Neutral
CHF4.97B22.98
2.23%-3.33%-8.90%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CH:SCHP
Schindler Holding AG
294.00
61.34
26.37%
CH:KARN
Kardex AG
226.00
-10.37
-4.39%
CH:INRN
Interroll Holding AG
1,828.00
-1,027.00
-35.97%
CH:BUCN
Bucher Industries AG
382.50
16.66
4.55%
CH:GF
Georg Fischer AG
60.85
-4.25
-6.53%
VTTGF
VAT Group AG
341.10
-165.75
-32.70%

Schindler Holding AG Earnings Call Summary

Earnings Call Date:Apr 30, 2025
(Q1-2025)
|
% Change Since: 6.75%|
Next Earnings Date:Jul 18, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mix of strong growth in orders and revenue, particularly in the modernization segment, alongside challenges in the Chinese market and the impact of tariffs on the U.S. business. The company's strategic initiatives and innovation launches were highlighted positively, while external economic factors and regional market declines posed significant challenges.
Q1-2025 Updates
Positive Updates
Strong Order Growth
Order growth accelerated to 6%, the highest since Q2 '23, with Service and Modernization driving this increase. Modernization grew close to 20%, with double-digit growth in all regions outside China.
Revenue Growth and EBIT Margin
Revenue grew 2.5% overall, with the EBIT margin hitting 12%, up 110 basis points year-on-year. There were no restructuring charges this quarter, contributing to the margin increase.
Healthy Cash Flow
Operating cash flow was CHF 540 million, driven by good development in operating earnings and stable net working capital.
Innovation Launch
The X8 product, leveraging innovative digital technologies, was launched at the Milan Design Week, with positive initial customer feedback.
Successful Leadership Transition
The transition to the new CEO was smooth with no operational disruptions, and the company remains committed to its strategic course.
Negative Updates
Weak Performance in China
Revenue growth was positive in all regions except China, where new installations orders decreased due to market conditions.
New Installation Market Decline in Americas
The NI market in Americas had a weaker start than expected, leading to a downgrade in the outlook for this market.
Impact of Tariffs
Expected gross impact of tariffs in 2025 is CHF 23 million. The company is working on mitigating actions, but there is a risk they may not fully offset the effects this year.
Currency Exchange Impact
The strengthening of the Swiss franc is expected to negatively impact top-line growth by up to 5 percentage points in the remaining quarters of the year.
Company Guidance
During Schindler's Q1 2025 earnings call, the company provided detailed guidance on various financial metrics and market expectations. The order growth accelerated to 6%, marking the highest quarterly increase since Q2 2023, driven by strong performance in Service and Modernization, with the latter experiencing nearly 20% growth. Revenue grew by 2.5%, with a notable double-digit increase in Modernization revenue, although China remained a challenging market. The EBIT reported margin improved to 12%, up 110 basis points year-on-year, attributed to efficiency initiatives and procurement savings. Operating cash flow was robust at CHF 540 million, supported by stable net working capital. Despite external challenges such as tariff impacts, Schindler maintained its 2025 guidance for low single-digit revenue growth and a 12% EBIT margin. The company also highlighted the launch of their innovative X8 product and anticipated continued modernization growth, with a cautious outlook on the U.S. market due to weaker-than-expected new installations and tariff-related uncertainties.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.