Salesforce Tower, San Francisco, has 34 Schindler's Elevators
The purpose of this article is to propose a market and financial analysis of Schindler. We use 2 different models to assess the value of the company: (1) the Comparables Method, (2) the Discounted Cash Flow Model.
Introduction
Schindler (SHLAF, SHNDY) is a global elevator company listed on the SIX Exchange in Switzerland. It is an important player in its interesting and lucrative market. Products comprise elevators, escalators and moving walks. Competitors include the American and market leader Otis, owned by the conglomerate