MSA SAFETY INC (MSA) Stock Fundamental Analysis
NYSE:MSA • US5534981064
197.06 USD
-0.94 (-0.47%)
At close: Feb 20, 2026
197.06 USD
0 (0%)
After Hours: 2/20/2026, 8:04:00 PM
We assign a fundamental rating of 7 out of 10 to MSA. MSA was compared to 80 industry peers in the Commercial Services & Supplies industry. MSA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MSA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- MSA had positive earnings in the past year.
- MSA had a positive operating cash flow in the past year.
- Each year in the past 5 years MSA has been profitable.
- Each year in the past 5 years MSA had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 10.92%, MSA belongs to the best of the industry, outperforming 88.75% of the companies in the same industry.
- MSA has a Return On Equity of 20.40%. This is amongst the best in the industry. MSA outperforms 85.00% of its industry peers.
- MSA's Return On Invested Capital of 13.23% is amongst the best of the industry. MSA outperforms 83.75% of its industry peers.
- MSA had an Average Return On Invested Capital over the past 3 years of 15.22%. This is above the industry average of 10.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.92% | ||
| ROE | 20.4% | ||
| ROIC | 13.23% |
ROA(3y)8.84%
ROA(5y)6.99%
ROE(3y)17.12%
ROE(5y)14.67%
ROIC(3y)15.22%
ROIC(5y)11.56%
1.3 Margins
- MSA's Profit Margin of 14.87% is amongst the best of the industry. MSA outperforms 95.00% of its industry peers.
- MSA's Profit Margin has improved in the last couple of years.
- MSA has a better Operating Margin (21.01%) than 95.00% of its industry peers.
- In the last couple of years the Operating Margin of MSA has grown nicely.
- Looking at the Gross Margin, with a value of 46.46%, MSA belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
- In the last couple of years the Gross Margin of MSA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.01% | ||
| PM (TTM) | 14.87% | ||
| GM | 46.46% |
OM growth 3Y6.69%
OM growth 5Y6.74%
PM growth 3Y8.16%
PM growth 5Y10.09%
GM growth 3Y1.76%
GM growth 5Y1.02%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MSA is creating value.
- Compared to 1 year ago, MSA has less shares outstanding
- Compared to 5 years ago, MSA has less shares outstanding
- The debt/assets ratio for MSA has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 6.28 indicates that MSA is not in any danger for bankruptcy at the moment.
- MSA has a better Altman-Z score (6.28) than 83.75% of its industry peers.
- The Debt to FCF ratio of MSA is 1.97, which is an excellent value as it means it would take MSA, only 1.97 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of MSA (1.97) is better than 82.50% of its industry peers.
- A Debt/Equity ratio of 0.42 indicates that MSA is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.42, MSA perfoms like the industry average, outperforming 58.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 1.97 | ||
| Altman-Z | 6.28 |
ROIC/WACC1.57
WACC8.44%
2.3 Liquidity
- MSA has a Current Ratio of 3.01. This indicates that MSA is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 3.01, MSA belongs to the top of the industry, outperforming 82.50% of the companies in the same industry.
- MSA has a Quick Ratio of 1.82. This is a normal value and indicates that MSA is financially healthy and should not expect problems in meeting its short term obligations.
- With a decent Quick ratio value of 1.82, MSA is doing good in the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.01 | ||
| Quick Ratio | 1.82 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 2.99% over the past year.
- The Earnings Per Share has been growing by 12.00% on average over the past years. This is quite good.
- MSA shows a small growth in Revenue. In the last year, the Revenue has grown by 3.69%.
- MSA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.82% yearly.
EPS 1Y (TTM)2.99%
EPS 3Y12.03%
EPS 5Y12%
EPS Q2Q%5.78%
Revenue 1Y (TTM)3.69%
Revenue growth 3Y7.06%
Revenue growth 5Y6.82%
Sales Q2Q%2.24%
3.2 Future
- MSA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.31% yearly.
- The Revenue is expected to grow by 5.38% on average over the next years.
EPS Next Y9.78%
EPS Next 2Y8.9%
EPS Next 3Y10.31%
EPS Next 5YN/A
Revenue Next Year5.82%
Revenue Next 2Y5.58%
Revenue Next 3Y5.38%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 24.85, which indicates a rather expensive current valuation of MSA.
- Based on the Price/Earnings ratio, MSA is valued a bit cheaper than 65.00% of the companies in the same industry.
- MSA is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 22.64, which indicates a rather expensive current valuation of MSA.
- Based on the Price/Forward Earnings ratio, MSA is valued a bit cheaper than the industry average as 65.00% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, MSA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.85 | ||
| Fwd PE | 22.64 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MSA is on the same level as its industry peers.
- Based on the Price/Free Cash Flow ratio, MSA is valued a bit cheaper than the industry average as 63.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.13 | ||
| EV/EBITDA | 17.56 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MSA does not grow enough to justify the current Price/Earnings ratio.
- MSA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.54
PEG (5Y)2.07
EPS Next 2Y8.9%
EPS Next 3Y10.31%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.07%, MSA has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 0.80, MSA pays a bit more dividend than its industry peers.
- With a Dividend Yield of 1.07, MSA pays less dividend than the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
5.2 History
- The dividend of MSA has a limited annual growth rate of 4.26%.
- MSA has been paying a dividend for at least 10 years, so it has a reliable track record.
- MSA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.26%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
- MSA pays out 29.53% of its income as dividend. This is a sustainable payout ratio.
- MSA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP29.53%
EPS Next 2Y8.9%
EPS Next 3Y10.31%
197.06
-0.94 (-0.47%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)02-11 2026-02-11/amc
Earnings (Next)04-27 2026-04-27
Inst Owners94.92%
Inst Owner Change-3.52%
Ins Owners0.74%
Ins Owner Change-1.38%
Market Cap7.72B
Revenue(TTM)1.87B
Net Income(TTM)278.87M
Analysts76
Price Target191.15 (-3%)
Short Float %3.39%
Short Ratio5.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
Yearly Dividend2.11
Dividend Growth(5Y)4.26%
DP29.53%
Div Incr Years11
Div Non Decr Years11
Ex-Date02-13 2026-02-13 (0.53)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.53%
Min EPS beat(2)2.78%
Max EPS beat(2)4.27%
EPS beat(4)4
Avg EPS beat(4)4.9%
Min EPS beat(4)2.78%
Max EPS beat(4)7.29%
EPS beat(8)7
Avg EPS beat(8)2.88%
EPS beat(12)11
Avg EPS beat(12)8.73%
EPS beat(16)15
Avg EPS beat(16)9.28%
Revenue beat(2)0
Avg Revenue beat(2)-0.54%
Min Revenue beat(2)-0.63%
Max Revenue beat(2)-0.45%
Revenue beat(4)2
Avg Revenue beat(4)1.9%
Min Revenue beat(4)-0.63%
Max Revenue beat(4)5.05%
Revenue beat(8)2
Avg Revenue beat(8)-0.89%
Revenue beat(12)6
Avg Revenue beat(12)1.65%
Revenue beat(16)10
Avg Revenue beat(16)1.52%
PT rev (1m)0%
PT rev (3m)-2.29%
EPS NQ rev (1m)-0.66%
EPS NQ rev (3m)-0.37%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)0.5%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-0.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.85 | ||
| Fwd PE | 22.64 | ||
| P/S | 4.12 | ||
| P/FCF | 26.13 | ||
| P/OCF | 21.21 | ||
| P/B | 5.65 | ||
| P/tB | 22.95 | ||
| EV/EBITDA | 17.56 |
EPS(TTM)7.93
EY4.02%
EPS(NY)8.71
Fwd EY4.42%
FCF(TTM)7.54
FCFY3.83%
OCF(TTM)9.29
OCFY4.71%
SpS47.86
BVpS34.9
TBVpS8.59
PEG (NY)2.54
PEG (5Y)2.07
Graham Number78.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.92% | ||
| ROE | 20.4% | ||
| ROCE | 17.39% | ||
| ROIC | 13.23% | ||
| ROICexc | 14.27% | ||
| ROICexgc | 28.01% | ||
| OM | 21.01% | ||
| PM (TTM) | 14.87% | ||
| GM | 46.46% | ||
| FCFM | 15.76% |
ROA(3y)8.84%
ROA(5y)6.99%
ROE(3y)17.12%
ROE(5y)14.67%
ROIC(3y)15.22%
ROIC(5y)11.56%
ROICexc(3y)16.54%
ROICexc(5y)12.58%
ROICexgc(3y)33.48%
ROICexgc(5y)25.28%
ROCE(3y)20.01%
ROCE(5y)15.2%
ROICexgc growth 3Y10.02%
ROICexgc growth 5Y6.74%
ROICexc growth 3Y9.65%
ROICexc growth 5Y4.73%
OM growth 3Y6.69%
OM growth 5Y6.74%
PM growth 3Y8.16%
PM growth 5Y10.09%
GM growth 3Y1.76%
GM growth 5Y1.02%
F-Score5
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 1.97 | ||
| Debt/EBITDA | 1.23 | ||
| Cap/Depr | 95.6% | ||
| Cap/Sales | 3.65% | ||
| Interest Coverage | 12.26 | ||
| Cash Conversion | 78.17% | ||
| Profit Quality | 105.94% | ||
| Current Ratio | 3.01 | ||
| Quick Ratio | 1.82 | ||
| Altman-Z | 6.28 |
F-Score5
WACC8.44%
ROIC/WACC1.57
Cap/Depr(3y)83.42%
Cap/Depr(5y)85.17%
Cap/Sales(3y)3.01%
Cap/Sales(5y)3.08%
Profit Quality(3y)92.19%
Profit Quality(5y)208.81%
High Growth Momentum
Growth
EPS 1Y (TTM)2.99%
EPS 3Y12.03%
EPS 5Y12%
EPS Q2Q%5.78%
EPS Next Y9.78%
EPS Next 2Y8.9%
EPS Next 3Y10.31%
EPS Next 5YN/A
Revenue 1Y (TTM)3.69%
Revenue growth 3Y7.06%
Revenue growth 5Y6.82%
Sales Q2Q%2.24%
Revenue Next Year5.82%
Revenue Next 2Y5.58%
Revenue Next 3Y5.38%
Revenue Next 5YN/A
EBIT growth 1Y-2.77%
EBIT growth 3Y14.21%
EBIT growth 5Y14.02%
EBIT Next Year24.31%
EBIT Next 3Y14.28%
EBIT Next 5YN/A
FCF growth 1Y21.97%
FCF growth 3Y37.52%
FCF growth 5Y13.38%
OCF growth 1Y22.75%
OCF growth 3Y32.2%
OCF growth 5Y11.99%
MSA SAFETY INC / MSA FAQ
Can you provide the ChartMill fundamental rating for MSA SAFETY INC?
ChartMill assigns a fundamental rating of 7 / 10 to MSA.
Can you provide the valuation status for MSA SAFETY INC?
ChartMill assigns a valuation rating of 4 / 10 to MSA SAFETY INC (MSA). This can be considered as Fairly Valued.
Can you provide the profitability details for MSA SAFETY INC?
MSA SAFETY INC (MSA) has a profitability rating of 9 / 10.
What are the PE and PB ratios of MSA SAFETY INC (MSA) stock?
The Price/Earnings (PE) ratio for MSA SAFETY INC (MSA) is 24.85 and the Price/Book (PB) ratio is 5.65.
Can you provide the dividend sustainability for MSA stock?
The dividend rating of MSA SAFETY INC (MSA) is 6 / 10 and the dividend payout ratio is 29.53%.