Mettler-Toledo International
Market Cap
US$17.0b
Last Updated
2020/04/08 06:05 UTC
Data Sources
Company Financials +
Executive Summary
Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with acceptable track record.
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
Stable Share Price: MTD has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
8.1%
MTD
1.6%
US Life Sciences
2.4%
US Market
1 Year Return
-3.9%
MTD
-4.8%
US Life Sciences
-10.0%
US Market
Return vs Industry: MTD matched the US Life Sciences industry which returned -4.8% over the past year.
Return vs Market: MTD exceeded the US Market which returned -10% over the past year.
Shareholder returns
| MTD | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.1% | 1.6% | 2.4% |
| 30 Day | 5.9% | -8.0% | -11.0% |
| 90 Day | -12.5% | -15.0% | -19.4% |
| 1 Year | -3.9%-3.9% | -4.6%-4.8% | -8.1%-10.0% |
| 3 Year | 48.7%48.7% | 64.8%63.7% | 17.3%9.6% |
| 5 Year | 116.9%116.9% | 87.9%85.3% | 36.1%21.1% |
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
8 hours ago | Simply Wall St
Should We Worry About Mettler-Toledo International Inc.'s (NYSE:MTD) P/E Ratio?2 weeks ago | Simply Wall St
Does Mettler-Toledo International (NYSE:MTD) Have A Healthy Balance Sheet?1 month ago | Simply Wall St
Shareholders Are Thrilled That The Mettler-Toledo International (NYSE:MTD) Share Price Increased 144%Valuation
Is Mettler-Toledo International undervalued compared to its fair value and its price relative to the market?
31.06x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MTD ($709.49) is trading above our estimate of fair value ($505.12)
Significantly Below Fair Value: MTD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MTD is poor value based on its PE Ratio (31.1x) compared to the Life Sciences industry average (30.5x).
PE vs Market: MTD is poor value based on its PE Ratio (31.1x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: MTD is poor value based on its PEG Ratio (4.9x)
Price to Book Ratio
PB vs Industry: MTD is overvalued based on its PB Ratio (40.7x) compared to the US Life Sciences industry average (4.6x).
Next Steps
Future Growth
How is Mettler-Toledo International forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
6.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTD's forecast earnings growth (6.3% per year) is above the savings rate (1.7%).
Earnings vs Market: MTD's earnings (6.3% per year) are forecast to grow slower than the US market (13.3% per year).
High Growth Earnings: MTD's earnings are forecast to grow, but not significantly.
Revenue vs Market: MTD's revenue (3.8% per year) is forecast to grow slower than the US market (7% per year).
High Growth Revenue: MTD's revenue (3.8% 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 (152.8%).
Next Steps
Past Performance
How has Mettler-Toledo International performed over the past 5 years?
10.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTD has high quality earnings.
Growing Profit Margin: MTD's current net profit margins (18.6%) are higher than last year (17.5%).
Past Earnings Growth Analysis
Earnings Trend: MTD's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: MTD's earnings growth over the past year (9.5%) is below its 5-year average (10.4% per year).
Earnings vs Industry: MTD earnings growth over the past year (9.5%) underperformed the Life Sciences industry 21.5%.
Return on Equity
High ROE: Whilst MTD's Return on Equity (133.35%) is outstanding, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Mettler-Toledo International's financial position?
Financial Position Analysis
Short Term Liabilities: MTD's short term assets ($1.1B) exceed its short term liabilities ($754.5M).
Long Term Liabilities: MTD's short term assets ($1.1B) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: MTD's debt to equity ratio (307.3%) is considered high.
Reducing Debt: MTD's debt to equity ratio has increased from 63% to 307.3% over the past 5 years.
Debt Coverage: MTD's debt is well covered by operating cash flow (46.7%).
Interest Coverage: MTD's interest payments on its debt are well covered by EBIT (19.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Mettler-Toledo International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
Stability and Growth of Payments
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
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Olivier A. Filliol (52yo)
12.25s
Tenure
US$8,755,320
Compensation
Mr. Olivier A. Filliol serves as Chief Executive Officer and President of Mettler-Toledo S.A.E. Mr. Filliol has been Chief Executive Officer and President of Mettler-Toledo Inc. (Canada) since January 2008 ...
CEO Compensation Analysis
Compensation vs Market: Olivier A.'s total compensation ($USD8.76M) is about average for companies of similar size in the US market ($USD11.79M).
Compensation vs Earnings: Olivier A.'s compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.25yrs | US$8.76m | 0.068% $11.5m | |
| Chief Financial Officer | 6.25yrs | US$1.86m | 0.021% $3.6m | |
| Head of Divisions & Operations | 0.25yr | US$1.39m | 0.0015% $253.5k | |
| Head of European & North American Market Organizations | 6yrs | US$1.58m | 0.052% $8.9m | |
| Head of Process Analytics & Pipettes | no data | US$1.22m | no data | |
| Head of Investor Relations & Treasurer | no data | no data | no data | |
| General Counsel & Secretary | no data | no data | no data | |
| Head of Human Resources | 9.33yrs | no data | 0.00063% $107.2k | |
| Head of Asia/Pacific Market Organizations | 11.25yrs | no data | no data | |
| Head of Supply Chain & IT | 3.25yrs | no data | no data |
6.3yrs
Average Tenure
51yo
Average Age
Experienced Management: MTD's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.25yrs | US$8.76m | 0.068% $11.5m | |
| Independent Chairman | 21.92yrs | US$869.11k | 0.99% $168.8m | |
| Independent Director | 2.42yrs | US$239.64k | 0.00065% $110.6k | |
| Presiding Director | no data | US$296.04k | 0.49% $82.6m | |
| Independent Director | 11.75yrs | US$235.64k | 0.0063% $1.1m | |
| Independent Director | 13.25yrs | US$221.14k | 0.0080% $1.4m | |
| Independent Director | 3.92yrs | US$227.64k | 0.0016% $277.3k | |
| Independent Director | 0.17yr | no data | no data |
11.3yrs
Average Tenure
58.5yo
Average Age
Experienced Board: MTD's board of directors are seasoned and experienced ( 11.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MTD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$17.014b
- Shares outstanding: 23.98m
- 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 |
| M1TD34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 10 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. It operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company offers weighing instruments for laboratory, industrial, packaging, logistics, and food retailing applications; various related analytical instruments and automated chemistry solutions used in drug and chemical compound discovery and development; metal detection and other end-of-line product inspection systems used in production and packaging for food processing and packaging, pharmaceutical, packaged consumer goods, and other industries; and solutions that are used in various process analytics applications. Its laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, thermal analysis systems, and other analytical instruments; and LabX, a PC-based laboratory software platform. The company’s industrial instruments comprise industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, and product inspection systems. Its retail weighing solutions consist of networked scales and software, and stand-alone scales for handling fresh goods, such as meats, vegetables, fruits, and cheeses. The company serves the life science industry, and independent research organizations; food and beverage producers; food retailers; chemical, specialty chemical, and cosmetics companies; food retailers; transportation and logistics, metals, and electronics industries; and the academic community. The company markets its products through its direct sales force and indirect distribution channels. Mettler-Toledo International Inc. was incorporated in 1991 and is based in Columbus, Ohio.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/08 06:05 |
| End of Day Share Price | 2020/04/07 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.