NYSE:MTD

Stock Analysis Report

Executive Summary

Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide.

Snowflake

Fundamentals

Proven track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has Mettler-Toledo International's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.7%

MTD

0.2%

US Life Sciences

1.0%

US Market


1 Year Return

22.8%

MTD

14.5%

US Life Sciences

8.0%

US Market

Return vs Industry: MTD exceeded the US Life Sciences industry which returned 14.5% over the past year.

Return vs Market: MTD exceeded the US Market which returned 8% over the past year.


Shareholder returns

MTDIndustryMarket
7 Day0.7%0.2%1.0%
30 Day-3.4%-4.8%-0.07%
90 Day-16.3%-5.2%-1.0%
1 Year22.8%22.8%14.7%14.5%10.4%8.0%
3 Year65.4%65.4%77.9%76.5%46.2%36.7%
5 Year170.6%170.6%112.2%102.6%64.3%46.2%

Price Volatility Vs. Market

How volatile is Mettler-Toledo International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mettler-Toledo International undervalued compared to its fair value and its price relative to the market?

31.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MTD ($685.22) is trading above our estimate of fair value ($381.57)

Significantly Below Fair Value: MTD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MTD is good value based on its PE Ratio (31.2x) compared to the Life Sciences industry average (32.5x).

PE vs Market: MTD is poor value based on its PE Ratio (31.2x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: MTD is poor value based on its PEG Ratio (3.8x)


Price to Book Ratio

PB vs Industry: MTD is overvalued based on its PB Ratio (33.5x) compared to the US Life Sciences industry average (4.3x).


Next Steps

Future Growth

How is Mettler-Toledo International forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

8.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTD's forecast earnings growth (8.2% per year) is above the savings rate (2.7%).

Earnings vs Market: MTD's earnings (8.2% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: MTD's earnings are forecast to grow, but not significantly.

Revenue vs Market: MTD's revenue (4.8% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: MTD's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MTD's Return on Equity is forecast to be very high in 3 years time (180.1%).


Next Steps

Past Performance

How has Mettler-Toledo International performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MTD's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: MTD's earnings growth over the past year (41.4%) exceeds its 5-year average (9.1% per year).

Earnings vs Industry: MTD earnings growth over the past year (41.4%) underperformed the Life Sciences industry 45%.


Return on Equity

High ROE: Whilst MTD's Return on Equity (108.47%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets

ROA vs Industry: MTD has a higher Return on Assets than the Life Sciences industry average last year.


Return on Capital Employed

ROCE Improving: MTD has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Mettler-Toledo International's financial position?


Financial Position Analysis

Short Term Liabilities: MTD's short term assets ($981.4M) exceeds its short term liabilities ($707.3M)

Long Term Liabilities: MTD's short term assets (981.4M) do not cover its long term liabilities (1.4B)


Debt to Equity History and Analysis

Debt Level: MTD's debt to equity ratio (226.5%) is considered high

Reducing Debt: MTD's debt to equity ratio has increased from 52% to 226.5% over the past 5 years.

Debt Coverage: MTD's debt is well covered by operating cash flow (50.3%).

Interest Coverage: MTD's interest payments on its debt are well covered by EBIT (19.7x coverage).


Balance Sheet

Inventory Level: MTD has a high level of physical assets or inventory.

Debt Coverage by Assets: MTD's debt is not covered by short term assets (assets are 0.9x debt).


Next Steps

Dividend

What is Mettler-Toledo International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage0.4%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate MTD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate MTD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if MTD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MTD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MTD's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Mettler-Toledo International's salary, the management and board of directors tenure and is there insider trading?

7.6yrs

Average management tenure


CEO

Olivier A. Filliol (52yo)

11.8yrs

Tenure

US$7,069,870

Compensation

Mr. Olivier A. Filliol serves as Chief Executive Officer and President of Mettler-Toledo S.A.E. Mr. Filliol has been Chief Executive Officer and President of Mettler-Toledo Inc. (Canada) since January 2008 ...


CEO Compensation Analysis

Compensation vs. Market: Olivier's total compensation ($USD7.07M) is below average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Olivier's compensation has been consistent with company performance over the past year.


Management Age and Tenure

7.6yrs

Average Tenure

52.5yo

Average Age

Experienced Management: MTD's management team is seasoned and experienced (7.6 years average tenure).


Board Age and Tenure

10.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: MTD's board of directors are seasoned and experienced ( 10.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$6,009,18607 Jun 19
Thomas Salice
EntityIndividual
Role
Lead Director
Presiding Director
Shares8,000
Max PriceUS$754.34
SellUS$18,412,52026 Feb 19
Robert Spoerry
EntityIndividual
Role
Chairman of the Board
Independent Chairman
Shares27,112
Max PriceUS$685.01
SellUS$23,537,56722 Feb 19
Robert Spoerry
EntityIndividual
Role
Chairman of the Board
Independent Chairman
Shares35,000
Max PriceUS$674.70
SellUS$16,766,07920 Feb 19
Robert Spoerry
EntityIndividual
Role
Chairman of the Board
Independent Chairman
Shares25,000
Max PriceUS$672.44
SellUS$11,188,80815 Feb 19
Robert Spoerry
EntityIndividual
Role
Chairman of the Board
Independent Chairman
Shares16,713
Max PriceUS$673.18
SellUS$14,085,69413 Feb 19
Robert Spoerry
EntityIndividual
Role
Chairman of the Board
Independent Chairman
Shares21,175
Max PriceUS$667.69
SellUS$166,12513 Feb 19
Gerhard Keller
EntityIndividual
Shares250
Max PriceUS$664.50
SellUS$89,12920 Nov 18
Shawn Vadala
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares149
Max PriceUS$598.18

Ownership Breakdown


Management Team

  • Olivier A. Filliol (52yo)

    President

    • Tenure: 11.8yrs
    • Compensation: US$7.07m
  • Proia Roe (48yo)

    General Counsel & Secretary

    • Tenure: 0yrs
  • Mary Finnegan

    Head of Investor Relations & Treasurer

    • Tenure: 0yrs
  • Marc de La Guéronnière (55yo)

    Head of European & North American Market Organizations

    • Tenure: 5.5yrs
    • Compensation: US$1.53m
  • Christian Magloth (53yo)

    Head of Human Resources

    • Tenure: 8.8yrs
  • Richard Wong

    Head of Asia/Pacific Market Organizations

    • Tenure: 10.8yrs
  • Simon Kirk (59yo)

    Head of Product Inspection Division

    • Tenure: 7.8yrs
    • Compensation: US$1.17m
  • Michael Heidingsfelder (58yo)

    Head of Industrial Division

    • Tenure: 7.5yrs
    • Compensation: US$1.12m
  • Shawn Vadala (50yo)

    Chief Financial Officer

    • Tenure: 5.8yrs
    • Compensation: US$1.74m
  • Peter Aggersbjerg (51yo)

    Head of Laboratory Division

    • Tenure: 1.8yrs
    • Compensation: US$1.24m

Board Members

  • Robert Spoerry (64yo)

    Independent Chairman

    • Tenure: 21.4yrs
    • Compensation: US$868.95k
  • Elisha Finney (58yo)

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: US$228.87k
  • Tom Salice (59yo)

    Presiding Director

    • Tenure: 0yrs
    • Compensation: US$287.71k
  • Olivier A. Filliol (52yo)

    President

    • Tenure: 11.8yrs
    • Compensation: US$7.07m
  • Marco Gadola (56yo)

    Director

    • Tenure: 0.4yrs
  • Mike Kelly (62yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$232.70k
  • Wah-Hui Chu (67yo)

    Independent Director

    • Tenure: 12.8yrs
    • Compensation: US$216.45k
  • Richard Francis (51yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$219.08k

Company Information

Mettler-Toledo International Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mettler-Toledo International Inc.
  • Ticker: MTD
  • Exchange: NYSE
  • Founded: 1991
  • Industry: Life Sciences Tools and Services
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: US$16.863b
  • Shares outstanding: 24.61m
  • Website: https://www.mt.com

Number of Employees


Location

  • Mettler-Toledo International Inc.
  • 1900 Polaris Parkway
  • Columbus
  • Ohio
  • 43240
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MTDNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 1997
MTODB (Deutsche Boerse AG)YesCommon StockDEEURNov 1997
0K10LSE (London Stock Exchange)YesCommon StockGBUSDNov 1997
MTD *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNNov 1997

Biography

Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operatio ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 23:40
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.