MINEROS SA (MSA.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:MSA • COC07PA00027
6.96 CAD
+0.07 (+1.02%)
Last: Feb 10, 2026, 07:00 PM
MSA gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 812 industry peers in the Metals & Mining industry. MSA scores excellent on profitability, but there are some minor concerns on its financial health. MSA is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past 5 years MSA has always been profitable.
- The reported operating cash flow has been mixed in the past 5 years: MSA reported negative operating cash flow in multiple years.
1.2 Ratios
- MSA has a better Return On Assets (20.24%) than 96.67% of its industry peers.
- MSA's Return On Equity of 29.81% is amongst the best of the industry. MSA outperforms 97.04% of its industry peers.
- MSA has a better Return On Invested Capital (26.67%) than 99.26% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MSA is significantly above the industry average of 12.05%.
- The last Return On Invested Capital (26.67%) for MSA is above the 3 year average (17.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.24% | ||
| ROE | 29.81% | ||
| ROIC | 26.67% |
ROA(3y)6.04%
ROA(5y)7.54%
ROE(3y)8.66%
ROE(5y)11.74%
ROIC(3y)17.85%
ROIC(5y)17.57%
1.3 Margins
- Looking at the Profit Margin, with a value of 20.98%, MSA belongs to the top of the industry, outperforming 94.21% of the companies in the same industry.
- In the last couple of years the Profit Margin of MSA has grown nicely.
- MSA's Operating Margin of 32.51% is amongst the best of the industry. MSA outperforms 94.58% of its industry peers.
- MSA's Operating Margin has improved in the last couple of years.
- With an excellent Gross Margin value of 39.13%, MSA belongs to the best of the industry, outperforming 92.61% of the companies in the same industry.
- In the last couple of years the Gross Margin of MSA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.51% | ||
| PM (TTM) | 20.98% | ||
| GM | 39.13% |
OM growth 3Y15.65%
OM growth 5Y9.76%
PM growth 3Y22.76%
PM growth 5Y12.18%
GM growth 3Y10.84%
GM growth 5Y8.23%
2. Health
2.1 Basic Checks
- Compared to 1 year ago, MSA has about the same amount of shares outstanding.
- The number of shares outstanding for MSA has been increased compared to 5 years ago.
- Compared to 1 year ago, MSA has an improved debt to assets ratio.
2.2 Solvency
- MSA has a debt to FCF ratio of 0.20. This is a very positive value and a sign of high solvency as it would only need 0.20 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 0.20, MSA belongs to the best of the industry, outperforming 96.06% of the companies in the same industry.
- A Debt/Equity ratio of 0.02 indicates that MSA is not too dependend on debt financing.
- MSA has a Debt to Equity ratio (0.02) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.2 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- MSA has a Current Ratio of 1.73. This is a normal value and indicates that MSA is financially healthy and should not expect problems in meeting its short term obligations.
- MSA's Current ratio of 1.73 is in line compared to the rest of the industry. MSA outperforms 48.65% of its industry peers.
- MSA has a Quick Ratio of 1.59. This is a normal value and indicates that MSA is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.59, MSA is in line with its industry, outperforming 49.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.59 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 647.09% over the past year.
- The Earnings Per Share has been growing by 20.39% on average over the past years. This is a very strong growth
- MSA shows a strong growth in Revenue. In the last year, the Revenue has grown by 39.56%.
- Measured over the past years, MSA shows a quite strong growth in Revenue. The Revenue has been growing by 10.27% on average per year.
EPS 1Y (TTM)647.09%
EPS 3Y24.69%
EPS 5Y20.39%
EPS Q2Q%159.14%
Revenue 1Y (TTM)39.56%
Revenue growth 3Y5.85%
Revenue growth 5Y10.27%
Sales Q2Q%46.2%
3.2 Future
- Based on estimates for the next years, MSA will show a decrease in Earnings Per Share. The EPS will decrease by -7.21% on average per year.
- Based on estimates for the next years, MSA will show a decrease in Revenue. The Revenue will decrease by -8.37% on average per year.
EPS Next Y-20.11%
EPS Next 2Y-9.19%
EPS Next 3Y-7.21%
EPS Next 5YN/A
Revenue Next Year-20.73%
Revenue Next 2Y-12.45%
Revenue Next 3Y-8.37%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- MSA has an outstanding profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as MSA's earnings are expected to decrease with -7.21% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.19%
EPS Next 3Y-7.21%
5. Dividend
5.1 Amount
- MSA has a Yearly Dividend Yield of 2.08%. Purely for dividend investing, there may be better candidates out there.
- MSA's Dividend Yield is rather good when compared to the industry average which is at 0.40. MSA pays more dividend than 98.03% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.80, MSA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
5.2 History
- MSA has been paying a dividend for over 5 years, so it has already some track record.
- MSA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 22.44% of the earnings are spent on dividend by MSA. This is a low number and sustainable payout ratio.
DP22.44%
EPS Next 2Y-9.19%
EPS Next 3Y-7.21%
TSX:MSA (2/10/2026, 7:00:00 PM)
6.96
+0.07 (+1.02%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-18 2026-02-18
Inst Owners70.3%
Inst Owner ChangeN/A
Ins Owners2.87%
Ins Owner ChangeN/A
Market Cap2.09B
Revenue(TTM)2.67T
Net Income(TTM)559.43B
Analysts85
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP22.44%
Div Incr Years3
Div Non Decr Years3
Ex-Date01-27 2026-01-27 (0.025)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.65%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | N/A | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)N/A
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpSN/A
BVpSN/A
TBVpSN/A
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.24% | ||
| ROE | 29.81% | ||
| ROCE | 40.34% | ||
| ROIC | 26.67% | ||
| ROICexc | 33.66% | ||
| ROICexgc | 36.67% | ||
| OM | 32.51% | ||
| PM (TTM) | 20.98% | ||
| GM | 39.13% | ||
| FCFM | 19.53% |
ROA(3y)6.04%
ROA(5y)7.54%
ROE(3y)8.66%
ROE(5y)11.74%
ROIC(3y)17.85%
ROIC(5y)17.57%
ROICexc(3y)21.24%
ROICexc(5y)20.82%
ROICexgc(3y)23.73%
ROICexgc(5y)23.34%
ROCE(3y)27%
ROCE(5y)26.58%
ROICexgc growth 3Y21.05%
ROICexgc growth 5Y14.26%
ROICexc growth 3Y21.33%
ROICexc growth 5Y13.43%
OM growth 3Y15.65%
OM growth 5Y9.76%
PM growth 3Y22.76%
PM growth 5Y12.18%
GM growth 3Y10.84%
GM growth 5Y8.23%
F-Score8
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.2 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 11.19% | ||
| Interest Coverage | 67.71 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 93.12% | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 1.59 | ||
| Altman-Z | N/A |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)647.09%
EPS 3Y24.69%
EPS 5Y20.39%
EPS Q2Q%159.14%
EPS Next Y-20.11%
EPS Next 2Y-9.19%
EPS Next 3Y-7.21%
EPS Next 5YN/A
Revenue 1Y (TTM)39.56%
Revenue growth 3Y5.85%
Revenue growth 5Y10.27%
Sales Q2Q%46.2%
Revenue Next Year-20.73%
Revenue Next 2Y-12.45%
Revenue Next 3Y-8.37%
Revenue Next 5YN/A
EBIT growth 1Y86.72%
EBIT growth 3Y22.41%
EBIT growth 5Y21.03%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y274.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y99.4%
OCF growth 3YN/A
OCF growth 5YN/A
MINEROS SA / MSA.CA FAQ
Can you provide the ChartMill fundamental rating for MINEROS SA?
ChartMill assigns a fundamental rating of 6 / 10 to MSA.CA.
Can you provide the valuation status for MINEROS SA?
ChartMill assigns a valuation rating of 1 / 10 to MINEROS SA (MSA.CA). This can be considered as Overvalued.
Can you provide the profitability details for MINEROS SA?
MINEROS SA (MSA.CA) has a profitability rating of 9 / 10.
How sustainable is the dividend of MINEROS SA (MSA.CA) stock?
The dividend rating of MINEROS SA (MSA.CA) is 5 / 10 and the dividend payout ratio is 22.44%.