- Mettler-Toledo continues an extended period of upside, setting new all-time highs with each move.
- The company's share repurchase program provides the economic pillars for a robust investment case.
- Shares command a premium given the name's predictability in unlocking shareholder value via this program.
- Factoring in the net effect of MTD's diluted share count decreasing, we see a 35% value gap to the upside in its valuation.
- We reiterate our buy rating and provide investors with the nuts and bolts for their own investment reasoning.
For further details see:
Mettler-Toledo: Share Buybacks Build The Investment Case