Moat Category Reinvestment Moat	Fair Value Estimate –	Price  $718.18	Enterprise Value $19.3bn
Moat Type Efficient Scale	Economic Moat Narrow	Stewardship Rating Exemplary	Market Cap $17.7bn

What does it do

Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences (50% of sales), industrial (42%), and food retail industries. 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.

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