Schindler Holding AG
SCHN: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|D! | LOCK|%VD | LOCK|^V!Tq># |
Schindler: Raising Fair Value Estimate by 17%; Modernization Underpins Structural Growth
Business Strategy and Outlook
Schindler is one of the big four global leaders in the elevator and escalator industry, operating in a mature, consolidated, and structurally attractive market. Like its peers, Schindler derives most of its profit from its services business, which benefits from a large installed base and delivers stable, high-margin, recurring revenue and stable cash flows.
