MSA SAFETY INC (MSA) Stock Fundamental Analysis
NYSE:MSA • US5534981064
201.94 USD
-1.14 (-0.56%)
At close: Feb 13, 2026
201.94 USD
0 (0%)
After Hours: 2/13/2026, 8:27:00 PM
Taking everything into account, MSA scores 6 out of 10 in our fundamental rating. MSA was compared to 80 industry peers in the Commercial Services & Supplies industry. MSA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. MSA has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- MSA had positive earnings in the past year.
- In the past year MSA had a positive cash flow from operations.
- Of the past 5 years MSA 4 years were profitable.
- MSA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- MSA's Return On Assets of 10.96% is amongst the best of the industry. MSA outperforms 88.75% of its industry peers.
- The Return On Equity of MSA (21.49%) is better than 86.25% of its industry peers.
- The Return On Invested Capital of MSA (13.73%) is better than 85.00% of its industry peers.
- MSA had an Average Return On Invested Capital over the past 3 years of 14.63%. This is above the industry average of 10.65%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.96% | ||
| ROE | 21.49% | ||
| ROIC | 13.73% |
ROA(3y)7.72%
ROA(5y)6.1%
ROE(3y)16.81%
ROE(5y)13.55%
ROIC(3y)14.63%
ROIC(5y)11.25%
1.3 Margins
- Looking at the Profit Margin, with a value of 15.02%, MSA belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of MSA has grown nicely.
- MSA has a Operating Margin of 21.11%. This is amongst the best in the industry. MSA outperforms 96.25% of its industry peers.
- MSA's Operating Margin has improved in the last couple of years.
- MSA has a better Gross Margin (46.48%) than 85.00% of its industry peers.
- 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 | 21.11% | ||
| PM (TTM) | 15.02% | ||
| GM | 46.48% |
OM growth 3Y78.35%
OM growth 5Y6.79%
PM growth 3Y117.98%
PM growth 5Y9.9%
GM growth 3Y2.69%
GM growth 5Y0.88%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MSA is still creating some value.
- MSA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- An Altman-Z score of 6.13 indicates that MSA is not in any danger for bankruptcy at the moment.
- MSA's Altman-Z score of 6.13 is amongst the best of the industry. MSA outperforms 82.50% of its industry peers.
- The Debt to FCF ratio of MSA is 2.22, which is a good value as it means it would take MSA, 2.22 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 2.22, MSA is doing good in the industry, outperforming 78.75% of the companies in the same industry.
- MSA has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
- MSA has a Debt to Equity ratio (0.48) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 6.13 |
ROIC/WACC1.63
WACC8.44%
2.3 Liquidity
- A Current Ratio of 3.08 indicates that MSA has no problem at all paying its short term obligations.
- MSA's Current ratio of 3.08 is amongst the best of the industry. MSA outperforms 82.50% of its industry peers.
- A Quick Ratio of 1.86 indicates that MSA should not have too much problems paying its short term obligations.
- MSA has a better Quick ratio (1.86) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.08 | ||
| Quick Ratio | 1.86 |
3. Growth
3.1 Past
- MSA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.99%.
- MSA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.00% yearly.
EPS 1Y (TTM)2.99%
EPS 3Y12.03%
EPS 5Y12%
EPS Q2Q%5.78%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%2.24%
3.2 Future
- Based on estimates for the next years, MSA will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.31% on average per year.
- The Revenue is expected to grow by 5.51% on average over the next years.
EPS Next Y9.78%
EPS Next 2Y8.9%
EPS Next 3Y10.31%
EPS Next 5YN/A
Revenue Next Year5.61%
Revenue Next 2Y5.36%
Revenue Next 3Y5.51%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 25.47, which means the current valuation is very expensive for MSA.
- 63.75% of the companies in the same industry are more expensive than MSA, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 26.68. MSA is around the same levels.
- A Price/Forward Earnings ratio of 23.20 indicates a rather expensive 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.
- When comparing the Price/Forward Earnings ratio of MSA to the average of the S&P500 Index (28.06), we can say MSA is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.47 | ||
| Fwd PE | 23.2 |
4.2 Price Multiples
- MSA's Enterprise Value to EBITDA is on the same level as the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MSA indicates a somewhat cheap valuation: MSA is cheaper than 62.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.96 | ||
| EV/EBITDA | 18.07 |
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.
- The excellent profitability rating of MSA may justify a higher PE ratio.
PEG (NY)2.6
PEG (5Y)2.12
EPS Next 2Y8.9%
EPS Next 3Y10.31%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.04%, MSA has a reasonable but not impressive dividend return.
- MSA's Dividend Yield is a higher than the industry average which is at 0.81.
- With a Dividend Yield of 1.04, MSA pays less dividend than the S&P500 average, which is at 1.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.04% |
5.2 History
- The dividend of MSA has a limited annual growth rate of 4.06%.
- MSA has been paying a dividend for at least 10 years, so it has a reliable track record.
- MSA has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.06%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
- MSA pays out 29.20% 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.
DP29.2%
EPS Next 2Y8.9%
EPS Next 3Y10.31%
201.94
-1.14 (-0.56%)
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-90.56%
Ins Owners0.74%
Ins Owner Change-1.38%
Market Cap7.91B
Revenue(TTM)N/A
Net Income(TTM)279.89M
Analysts76
Price Target191.15 (-5.34%)
Short Float %4.14%
Short Ratio6.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.04% |
Yearly Dividend2
Dividend Growth(5Y)4.06%
DP29.2%
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)5.04%
Min EPS beat(2)2.78%
Max EPS beat(2)7.29%
EPS beat(4)3
Avg EPS beat(4)3.68%
Min EPS beat(4)-0.61%
Max EPS beat(4)7.29%
EPS beat(8)7
Avg EPS beat(8)3.47%
EPS beat(12)11
Avg EPS beat(12)9.14%
EPS beat(16)15
Avg EPS beat(16)11.31%
Revenue beat(2)1
Avg Revenue beat(2)2.21%
Min Revenue beat(2)-0.63%
Max Revenue beat(2)5.05%
Revenue beat(4)2
Avg Revenue beat(4)0.79%
Min Revenue beat(4)-4.87%
Max Revenue beat(4)5.05%
Revenue beat(8)3
Avg Revenue beat(8)-0.22%
Revenue beat(12)7
Avg Revenue beat(12)1.87%
Revenue beat(16)11
Avg Revenue beat(16)1.77%
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 | 25.47 | ||
| Fwd PE | 23.2 | ||
| P/S | 4.24 | ||
| P/FCF | 27.96 | ||
| P/OCF | 22.64 | ||
| P/B | 6.07 | ||
| P/tB | 29.77 | ||
| EV/EBITDA | 18.07 |
EPS(TTM)7.93
EY3.93%
EPS(NY)8.71
Fwd EY4.31%
FCF(TTM)7.22
FCFY3.58%
OCF(TTM)8.92
OCFY4.42%
SpS47.58
BVpS33.25
TBVpS6.78
PEG (NY)2.6
PEG (5Y)2.12
Graham Number77.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.96% | ||
| ROE | 21.49% | ||
| ROCE | 17.38% | ||
| ROIC | 13.73% | ||
| ROICexc | 14.85% | ||
| ROICexgc | 29.42% | ||
| OM | 21.11% | ||
| PM (TTM) | 15.02% | ||
| GM | 46.48% | ||
| FCFM | 15.18% |
ROA(3y)7.72%
ROA(5y)6.1%
ROE(3y)16.81%
ROE(5y)13.55%
ROIC(3y)14.63%
ROIC(5y)11.25%
ROICexc(3y)15.96%
ROICexc(5y)12.44%
ROICexgc(3y)32.31%
ROICexgc(5y)24.61%
ROCE(3y)18.52%
ROCE(5y)14.24%
ROICexgc growth 3Y97.54%
ROICexgc growth 5Y5.68%
ROICexc growth 3Y98.64%
ROICexc growth 5Y5.18%
OM growth 3Y78.35%
OM growth 5Y6.79%
PM growth 3Y117.98%
PM growth 5Y9.9%
GM growth 3Y2.69%
GM growth 5Y0.88%
F-Score5
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.22 | ||
| Debt/EBITDA | 1.34 | ||
| Cap/Depr | 95.42% | ||
| Cap/Sales | 3.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.45% | ||
| Profit Quality | 101.08% | ||
| Current Ratio | 3.08 | ||
| Quick Ratio | 1.86 | ||
| Altman-Z | 6.13 |
F-Score5
WACC8.44%
ROIC/WACC1.63
Cap/Depr(3y)77.54%
Cap/Depr(5y)90.68%
Cap/Sales(3y)2.75%
Cap/Sales(5y)3.08%
Profit Quality(3y)77.96%
Profit Quality(5y)213.06%
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)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%2.24%
Revenue Next Year5.61%
Revenue Next 2Y5.36%
Revenue Next 3Y5.51%
Revenue Next 5YN/A
EBIT growth 1Y-1.47%
EBIT growth 3Y94.21%
EBIT growth 5Y12.36%
EBIT Next Year14.12%
EBIT Next 3Y9.53%
EBIT Next 5Y10.19%
FCF growth 1Y582.78%
FCF growth 3Y17.32%
FCF growth 5Y13.53%
OCF growth 1Y2895.37%
OCF growth 3Y14.19%
OCF growth 5Y12.43%
MSA SAFETY INC / MSA FAQ
Can you provide the ChartMill fundamental rating for MSA SAFETY INC?
ChartMill assigns a fundamental rating of 6 / 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 8 / 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 25.47 and the Price/Book (PB) ratio is 6.07.
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 29.2%.