Cooking oil quality testing - is this tool any good?

anyone with experience using the attached? need feedback if it works

Reliably optimize the use of cooking oil to save costs and ensure brand protection. The cooking oil tester easily, quickly and reliably determines the cooking oil quality. The new testo 270 cooking oil tester stands out thanks to its ergonomic design, which prevents the direct exposure of the hand to the hot oil. The clear alarm via the colored backlit display makes it even easier to evaluate the cooking oil quality: Green means the TPM content is OK. Orange: TPM value is borderline. Red: Your TPM limit has been exceeded.

Hi there,

Initially we were using somewhat same tester as attached in the pic….it’s quite handy, user friendly and acceptable…its durability is commendable… 

We are looking into the Testo 270 and other methods for both assessing oil quality and risk assessment. Any feedback or suggestions would be appreciated. Thank you.