Mettler-Toledo International
Market Cap
US$16.9b
Last Updated
2019/10/21 23:40 UTC
Data Sources
Company Financials +
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
| MTD | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | 0.2% | 1.0% |
| 30 Day | -3.4% | -4.8% | -0.07% |
| 90 Day | -16.3% | -5.2% | -1.0% |
| 1 Year | 22.8%22.8% | 14.7%14.5% | 10.4%8.0% |
| 3 Year | 65.4%65.4% | 77.9%76.5% | 46.2%36.7% |
| 5 Year | 170.6%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
14 hours ago | Simply Wall St
Why Mettler-Toledo International Inc. (NYSE:MTD) Could Be Worth Watching2 weeks ago | Simply Wall St
Do You Like Mettler-Toledo International Inc. (NYSE:MTD) At This P/E Ratio?1 month ago | Simply Wall St
Who Has Been Selling Mettler-Toledo International Inc. (NYSE:MTD) Shares?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
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
| Entity | Individual |
| Role | Lead Director Presiding Director |
| Shares | 8,000 |
| Max Price | US$754.34 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman |
| Shares | 27,112 |
| Max Price | US$685.01 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman |
| Shares | 35,000 |
| Max Price | US$674.70 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman |
| Shares | 25,000 |
| Max Price | US$672.44 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman |
| Shares | 16,713 |
| Max Price | US$673.18 |
| Entity | Individual |
| Role | Chairman of the Board Independent Chairman |
| Shares | 21,175 |
| Max Price | US$667.69 |
| Entity | Individual |
| Shares | 250 |
| Max Price | US$664.50 |
| Entity | Individual |
| Role | Chief Financial Officer Chief Financial Officer |
| Shares | 149 |
| Max Price | US$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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MTD | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Nov 1997 |
| MTO | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1997 |
| 0K10 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Nov 1997 |
| MTD * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Nov 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 23:40 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.