Mettler Toledo International Inc

Industrials
Biotechnology: Laboratory Analytical Instruments
www.mt.com

Earnings Score
Safety Score

Market Cap $26.59B
Debt $2.08B
Cash $71.57M
EV $28.60B
FCF $888.63M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$795.63M
EBIT	$955.23M
ROA	29%
FCF	$888.63M
Equity	-$154.35M
Growth Stability	100%
PE	33.42
PEG	3.37
PB	-172.28
P/FCF	29.92
P/S	7.07
Price/Cash	0
Debt/Equity	-13.46
Debt/FCF	2.34
Net Margins	22%
Gross Margins	59%
Op. Margins	25%
Earnings CAGR	13%
Sales Growth YoY	1%
Sales Growth QoQ	1%
Sales CAGR	6%
FCF CAGR	15%
Equity CAGR	-7%
Earnings Stability	0.91
Earnings Growth YoY	5%

Earnings Growth QoQ	-5%
Earnings CAGR 5Y	10%
Sales CAGR 5Y	6%
FCF CAGR 5Y	12%
Equity CAGR 5Y	-10%
Earnings CAGR 3Y	-0%
Sales CAGR 3Y	-0%
FCF CAGR 3Y	10%
Equity CAGR 3Y	-5%
Market Cap	$26.59B
Revenue	$3.76B
Assets	$3.32B
Total Debt	$2.08B
Cash	$71.57M
Shares Outstanding	21.14M
EV	28.6B
Earnings Score	94%
Safety Score	70%
Working Capital	13.26M
Current Ratio	1.01
Gross Profit	$2.24B
Shares Growth 3y	-3%
Equity Growth QoQ	1%
Equity Growth YoY	46%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Mettler-Toledo International supplies weighing and precision instruments to customers in the life sciences (54% of 2020 sales), industrial (40%), and food retail industries (6%). Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.

SEC Filings

Direct access to Mettler Toledo International Inc (MTD) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Mettler Toledo International Inc compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Mettler Toledo International Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 13%

Stability 91%

loading chart...

Mettler Toledo International Inc Discounted Cash Flow

Fully customizable DCF calculator online for Mettler Toledo International Inc.

Years

Calculation mode

= $25B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$889M	$1B	$1.2B	$1.3B	$1.5B	$1.8B	$2B	$2.3B	$2.6B	$3B	$3.5B	$35B
DCF		$925M	$964M	$1B	$1B	$1.1B	$1.1B	$1.2B	$1.2B	$1.3B	$1.3B	$13B
Value	$25B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	14%	15%	15%	14%	17%	19%	20%	21%	22%	21%	22%
ROA	-	24%	25%	24%	26%	26%	28%	29%	31%	29%	29%
ROE	-	61%	88%	69%	87%	133%	213%	449%	4K%	-526%	-

Good Net Margins (21.61%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	1.72	2.8	2.52	2.45	2.55	2.11	2.1	2.73	2.42	2.34
Debt over Equity	0.63	1.02	2.06	1.79	1.75	3.07	4.72	9.81	81.25	-13.88	-13.46
Growth Stability	-	-	-	100%	100%	100%	100%	100%	100%	100%	100%

Neutral Debt/FCF ratio (2.34)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Good Debt/Equity ratio (-13.46)

The company is not overleveraged and has a good balance between equity and debt.

Good Graham’s Stability (100%)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	-4%	5%	9%	8%	2%	3%	21%	5%	-3%	6%
Earnings YoY growth	-	4%	9%	-2%	36%	9%	7%	28%	13%	-10%	10%
Equity YoY growth	-	-19%	-25%	26%	8%	-29%	-33%	-39%	-86%	-705%	-10%
FCF YoY growth	-	5%	-7%	22%	9%	20%	25%	27%	-8%	17%	12%