MSA SAFETY INC (MSA) Stock Fundamental Analysis
USA - NYSE:MSA - US5534981064 - Common Stock
158.99 USD
+0.03 (+0.02%)
Overall MSA gets a fundamental rating of 6 out of 10. We evaluated MSA against 82 industry peers in the Commercial Services & Supplies industry. MSA gets an excellent profitability rating and is at the same time showing great financial health properties. MSA is not valued too expensively and it also shows a decent growth rate.
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.
MSA had positive earnings in each of the past 5 years.
Each year in the past 5 years MSA had a positive operating cash flow.
1.2 Ratios
MSA has a Return On Assets of 10.96%. This is amongst the best in the industry. MSA outperforms 87.80% of its industry peers.
MSA has a better Return On Equity (21.49%) than 87.80% of its industry peers.
Looking at the Return On Invested Capital, with a value of 13.73%, MSA belongs to the top of the industry, outperforming 86.59% of the companies in the same industry.
MSA had an Average Return On Invested Capital over the past 3 years of 14.63%. This is above the industry average of 10.49%.
| 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 92.68% of the companies in the same industry.
In the last couple of years the Profit Margin of MSA has grown nicely.
With an excellent Operating Margin value of 21.11%, MSA belongs to the best of the industry, outperforming 96.34% of the companies in the same industry.
MSA's Operating Margin has improved in the last couple of years.
The Gross Margin of MSA (46.48%) is better than 85.37% of its industry peers.
MSA's Gross Margin has been stable in the last couple of years.
| 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
MSA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for MSA remains at a similar level compared to 1 year ago.
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 an Altman-Z score of 5.32. This indicates that MSA is financially healthy and has little risk of bankruptcy at the moment.
MSA's Altman-Z score of 5.32 is amongst the best of the industry. MSA outperforms 85.37% 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 76.83% of the companies in the same industry.
A Debt/Equity ratio of 0.48 indicates that MSA is not too dependend on debt financing.
The Debt to Equity ratio of MSA (0.48) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 5.32 |
ROIC/WACC1.63
WACC8.45%
2.3 Liquidity
MSA has a Current Ratio of 3.08. This indicates that MSA is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MSA (3.08) is better than 84.15% 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 Quick ratio of 1.86. This is in the better half of the industry: MSA outperforms 76.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.08 | ||
| Quick Ratio | 1.86 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.86% over the past year.
MSA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.91% yearly.
The Revenue has been growing slightly by 3.32% in the past year.
Measured over the past years, MSA shows a small growth in Revenue. The Revenue has been growing by 5.22% on average per year.
EPS 1Y (TTM)3.86%
EPS 3Y18.56%
EPS 5Y9.91%
EPS Q2Q%6.01%
Revenue 1Y (TTM)3.32%
Revenue growth 3Y8.9%
Revenue growth 5Y5.22%
Sales Q2Q%8.27%
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 8.43% yearly.
Based on estimates for the next years, MSA will show a small growth in Revenue. The Revenue will grow by 4.72% on average per year.
EPS Next Y1.79%
EPS Next 2Y6.51%
EPS Next 3Y7.06%
EPS Next 5Y8.43%
Revenue Next Year2.38%
Revenue Next 2Y4.03%
Revenue Next 3Y4.29%
Revenue Next 5Y4.72%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.38, which indicates a rather expensive current valuation of MSA.
Based on the Price/Earnings ratio, MSA is valued a bit cheaper than 65.85% of the companies in the same industry.
MSA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.06.
MSA is valuated rather expensively with a Price/Forward Earnings ratio of 18.20.
Based on the Price/Forward Earnings ratio, MSA is valued a bit cheaper than the industry average as 67.07% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MSA to the average of the S&P500 Index (32.73), we can say MSA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.38 | ||
| Fwd PE | 18.2 |
4.2 Price Multiples
MSA's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, MSA is valued a bit cheaper than the industry average as 67.07% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.01 | ||
| EV/EBITDA | 14.43 |
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)11.41
PEG (5Y)2.06
EPS Next 2Y6.51%
EPS Next 3Y7.06%
5. Dividend
5.1 Amount
MSA has a Yearly Dividend Yield of 1.35%.
MSA's Dividend Yield is a higher than the industry average which is at 2.54.
With a Dividend Yield of 1.35, MSA pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
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
29.20% of the earnings are spent on dividend by MSA. This is a low number and sustainable payout ratio.
MSA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP29.2%
EPS Next 2Y6.51%
EPS Next 3Y7.06%
NYSE:MSA (11/10/2025, 11:00:10 AM)
158.99
+0.03 (+0.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners95.81%
Inst Owner Change-2.8%
Ins Owners0.75%
Ins Owner Change-1.79%
Market Cap6.23B
Revenue(TTM)1.86B
Net Income(TTM)279.89M
Analysts76
Price Target195.64 (23.05%)
Short Float %3.7%
Short Ratio6.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
Yearly Dividend2
Dividend Growth(5Y)4.06%
DP29.2%
Div Incr Years11
Div Non Decr Years11
Ex-Date
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)7.63%
EPS NQ rev (1m)-6.58%
EPS NQ rev (3m)-5.24%
EPS NY rev (1m)-1.12%
EPS NY rev (3m)0.34%
Revenue NQ rev (1m)-3.54%
Revenue NQ rev (3m)-1.65%
Revenue NY rev (1m)-0.68%
Revenue NY rev (3m)1.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.38 | ||
| Fwd PE | 18.2 | ||
| P/S | 3.34 | ||
| P/FCF | 22.01 | ||
| P/OCF | 17.82 | ||
| P/B | 4.78 | ||
| P/tB | 23.44 | ||
| EV/EBITDA | 14.43 |
EPS(TTM)7.8
EY4.91%
EPS(NY)8.74
Fwd EY5.49%
FCF(TTM)7.22
FCFY4.54%
OCF(TTM)8.92
OCFY5.61%
SpS47.59
BVpS33.26
TBVpS6.78
PEG (NY)11.41
PEG (5Y)2.06
Graham Number76.4
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 | 5.32 |
F-Score5
WACC8.45%
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)3.86%
EPS 3Y18.56%
EPS 5Y9.91%
EPS Q2Q%6.01%
EPS Next Y1.79%
EPS Next 2Y6.51%
EPS Next 3Y7.06%
EPS Next 5Y8.43%
Revenue 1Y (TTM)3.32%
Revenue growth 3Y8.9%
Revenue growth 5Y5.22%
Sales Q2Q%8.27%
Revenue Next Year2.38%
Revenue Next 2Y4.03%
Revenue Next 3Y4.29%
Revenue Next 5Y4.72%
EBIT growth 1Y-1.47%
EBIT growth 3Y94.21%
EBIT growth 5Y12.36%
EBIT Next Year14.87%
EBIT Next 3Y10.49%
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.
What is the valuation status for MSA stock?
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.
How financially healthy is MSA SAFETY INC?
The financial health rating of MSA SAFETY INC (MSA) is 7 / 10.
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%.