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
Overall MSA gets a fundamental rating of 6 out of 10. We evaluated MSA against 80 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 valued correctly, but it does not seem to be growing.
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.
- Of the past 5 years MSA 4 years were profitable.
- Of the past 5 years MSA 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 10.96%, MSA belongs to the top of the industry, outperforming 88.75% of the companies in the same industry.
- MSA's Return On Equity of 21.49% is amongst the best of the industry. MSA outperforms 86.25% of its industry peers.
- With an excellent Return On Invested Capital value of 13.73%, MSA belongs to the best of the industry, outperforming 85.00% 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 10.65%.
| 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
- The Profit Margin of MSA (15.02%) is better than 95.00% of its industry peers.
- In the last couple of years the Profit Margin of MSA has grown nicely.
- MSA has a better Operating Margin (21.11%) than 96.25% of its industry peers.
- MSA's Operating Margin has improved in the last couple of years.
- The Gross Margin of MSA (46.48%) is better than 85.00% 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.
- There is no outstanding debt for MSA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- MSA has an Altman-Z score of 6.13. This indicates that MSA is financially healthy and has little risk of 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.
- MSA has a debt to FCF ratio of 2.22. This is a good value and a sign of high solvency as MSA would need 2.22 years to pay back of all of its debts.
- MSA has a better Debt to FCF ratio (2.22) than 78.75% of its industry peers.
- A Debt/Equity ratio of 0.48 indicates that MSA is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.48, MSA is in line with its industry, outperforming 51.25% of the companies in the same industry.
| 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.
- With an excellent Current ratio value of 3.08, MSA belongs to the best of the industry, outperforming 82.50% of the companies in the same industry.
- 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 75.00% 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 2.99% over the past year.
- Measured over the past years, MSA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.00% on average per year.
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
- The Earnings Per Share is expected to grow by 10.31% on average over the next years. This is quite good.
- 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.
- Based on the Price/Earnings ratio, MSA is valued a bit cheaper than 63.75% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.68, MSA is valued at the same level.
- MSA is valuated rather expensively with a Price/Forward Earnings ratio of 23.20.
- Based on the Price/Forward Earnings ratio, MSA is valued a bit cheaper than 65.00% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 28.06. MSA is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.47 | ||
| Fwd PE | 23.2 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as MSA.
- 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 an expensive valuation of the company.
- MSA has an outstanding profitability rating, which 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
- MSA has a Yearly Dividend Yield of 1.04%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.81, MSA pays a bit more dividend than its industry peers.
- 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 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
- 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%.