MSA SAFETY INC (MSA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSA - US5534981064 - Common Stock
180.86 USD
-3.78 (-2.05%)
180.86 USD
0 (0%)
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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MSA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year MSA was profitable.
- In the past year MSA had a positive cash flow from operations.
- Each year in the past 5 years MSA has been profitable.
- In the past 5 years MSA always reported a positive cash flow from operatings.
1.2 Ratios
- MSA has a better Return On Assets (10.96%) than 88.75% of its industry peers.
- MSA has a better Return On Equity (21.49%) than 86.25% of its industry peers.
- MSA has a Return On Invested Capital of 13.73%. This is amongst the best in the industry. MSA outperforms 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 10.58%.
| 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
- MSA has a better Profit Margin (15.02%) than 95.00% of its industry peers.
- MSA's Profit Margin has improved in the last couple of years.
- MSA's Operating Margin of 21.11% is amongst the best of the industry. MSA outperforms 96.25% of its industry peers.
- MSA's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 46.48%, MSA belongs to the top of the industry, outperforming 86.25% of the companies in the same industry.
- 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MSA is creating some value.
- MSA has about the same amout of shares outstanding than it did 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
- An Altman-Z score of 5.73 indicates that MSA is not in any danger for bankruptcy at the moment.
- MSA's Altman-Z score of 5.73 is amongst the best of the industry. MSA outperforms 83.75% 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.
- MSA has a Debt to FCF ratio of 2.22. This is in the better half of the industry: MSA outperforms 78.75% of its industry peers.
- A Debt/Equity ratio of 0.48 indicates that MSA is not too dependend on debt financing.
- MSA's Debt to Equity ratio of 0.48 is in line compared to the rest of the industry. MSA outperforms 51.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 5.73 |
ROIC/WACC1.6
WACC8.6%
2.3 Liquidity
- A Current Ratio of 3.08 indicates that MSA has no problem at all paying its short term obligations.
- MSA has a better Current ratio (3.08) than 81.25% 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 3.86%.
- Measured over the past years, MSA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.91% on average per year.
- Looking at the last year, MSA shows a small growth in Revenue. The Revenue has grown by 3.32% in the last 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
- Based on estimates for the next years, MSA will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.43% on average per year.
- The Revenue is expected to grow by 4.72% on average over the next years.
EPS Next Y2.31%
EPS Next 2Y6.33%
EPS Next 3Y6.89%
EPS Next 5Y8.43%
Revenue Next Year2.38%
Revenue Next 2Y3.98%
Revenue Next 3Y4.36%
Revenue Next 5Y4.72%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 23.19, MSA is valued on the expensive side.
- 68.75% 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 26.94. MSA is around the same levels.
- The Price/Forward Earnings ratio is 20.78, which indicates a rather expensive current valuation of MSA.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MSA indicates a somewhat cheap valuation: MSA is cheaper than 70.00% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 23.94. MSA is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.19 | ||
| Fwd PE | 20.78 |
4.2 Price Multiples
- MSA's Enterprise Value to EBITDA is on the same level as the industry average.
- MSA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MSA is cheaper than 66.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.04 | ||
| EV/EBITDA | 16.29 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The excellent profitability rating of MSA may justify a higher PE ratio.
PEG (NY)10.03
PEG (5Y)2.34
EPS Next 2Y6.33%
EPS Next 3Y6.89%
5. Dividend
5.1 Amount
- MSA has a Yearly Dividend Yield of 1.16%.
- Compared to an average industry Dividend Yield of 0.83, MSA pays a bit more dividend than its industry peers.
- Compared to the average S&P500 Dividend Yield of 1.83, MSA is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
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 their dividend for at least 10 years, which is a reliable track record.
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 2Y6.33%
EPS Next 3Y6.89%
180.86
-3.78 (-2.05%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)10-28 2025-10-28/amc
Earnings (Next)02-10 2026-02-10/amc
Inst Owners94.92%
Inst Owner Change-0.03%
Ins Owners0.74%
Ins Owner Change-1.38%
Market Cap7.08B
Revenue(TTM)1.86B
Net Income(TTM)279.89M
Analysts76
Price Target191.15 (5.69%)
Short Float %3.81%
Short Ratio5.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
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%
EPS NQ rev (3m)-6.31%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.19 | ||
| Fwd PE | 20.78 | ||
| P/S | 3.8 | ||
| P/FCF | 25.04 | ||
| P/OCF | 20.27 | ||
| P/B | 5.44 | ||
| P/tB | 26.67 | ||
| EV/EBITDA | 16.29 |
EPS(TTM)7.8
EY4.31%
EPS(NY)8.71
Fwd EY4.81%
FCF(TTM)7.22
FCFY3.99%
OCF(TTM)8.92
OCFY4.93%
SpS47.58
BVpS33.25
TBVpS6.78
PEG (NY)10.03
PEG (5Y)2.34
Graham Number76.39
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 | 5.73 |
F-Score5
WACC8.6%
ROIC/WACC1.6
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 Y2.31%
EPS Next 2Y6.33%
EPS Next 3Y6.89%
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 2Y3.98%
Revenue Next 3Y4.36%
Revenue Next 5Y4.72%
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 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 23.19 and the Price/Book (PB) ratio is 5.44.
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%.