Mettler-Toledo International Inc

MTD: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$647.00	Qrmtm	Mwfwykmwtl

Mettler-Toledo Turns in Strong Fourth Quarter; Maintaining $830 Fair Value Estimate

Julie Utterback ,

Feb 10, 2023

Narrow-moat Mettler-Toledo delivered strong fourth-quarter and full-year results that helped it exceed previous sales and adjusted EPS guidance. Mettler posted revenue growth this quarter of 2% year over year (9% in constant currency) and 5% growth for the full year 2022 (11% in constant currency). After slight adjustments made to our near-term assumptions, we are maintaining our $830 fair value estimate, and shares remain overvalued.

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