MSA SAFETY INC (MSA) Stock Fundamental Analysis
NYSE:MSA • US5534981064
199.79 USD
-2.35 (-1.16%)
At close: Feb 18, 2026
199.79 USD
0 (0%)
After Hours: 2/18/2026, 8:04:00 PM
Taking everything into account, MSA scores 7 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year MSA was profitable.
- MSA had a positive operating cash flow in the past year.
- Each year in the past 5 years MSA has been profitable.
- MSA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- MSA has a better Return On Assets (10.92%) than 88.75% of its industry peers.
- The Return On Equity of MSA (20.40%) is better than 85.00% of its industry peers.
- MSA has a better Return On Invested Capital (13.23%) than 83.75% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MSA is above the industry average of 10.66%.
| 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
- With an excellent Profit Margin value of 14.87%, MSA belongs to the best 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.
- With an excellent Operating Margin value of 21.01%, MSA belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
- 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MSA is creating value.
- The number of shares outstanding for MSA has been reduced compared to 1 year ago.
- The number of shares outstanding for MSA has been reduced compared to 5 years ago.
- The debt/assets ratio for MSA has been reduced compared to a year ago.
2.2 Solvency
- MSA has an Altman-Z score of 6.32. This indicates that MSA is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 6.32, MSA belongs to the best of the industry, outperforming 83.75% of the companies in the same industry.
- 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.
- MSA has a Debt to FCF ratio of 1.97. This is amongst the best in the industry. MSA outperforms 81.25% of its industry peers.
- A Debt/Equity ratio of 0.42 indicates that MSA is not too dependend on debt financing.
- MSA has a Debt to Equity ratio of 0.42. This is comparable to the rest of the industry: MSA outperforms 57.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 1.97 | ||
| Altman-Z | 6.32 |
ROIC/WACC1.57
WACC8.42%
2.3 Liquidity
- A Current Ratio of 3.01 indicates that MSA has no problem at all paying its short term obligations.
- The Current ratio of MSA (3.01) is better than 82.50% of its industry peers.
- A Quick Ratio of 1.82 indicates that MSA should not have too much problems paying its short term obligations.
- The Quick ratio of MSA (1.82) is better than 75.00% of its industry peers.
| 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.
- MSA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.00% yearly.
- The Revenue has been growing slightly by 3.69% in the past year.
- Measured over the past years, MSA shows a small growth in Revenue. The Revenue has been growing by 6.82% on average per year.
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
- 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.
- 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
- A Price/Earnings ratio of 25.19 indicates a quite expensive valuation of MSA.
- 65.00% of the companies in the same industry are more expensive than MSA, based on the Price/Earnings ratio.
- MSA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.27.
- Based on the Price/Forward Earnings ratio of 22.95, the valuation of MSA can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MSA indicates a somewhat cheap valuation: MSA is cheaper than 65.00% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.16, MSA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.19 | ||
| Fwd PE | 22.95 |
4.2 Price Multiples
- MSA's Enterprise Value to EBITDA ratio is in line with the industry average.
- MSA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MSA is cheaper than 63.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.49 | ||
| EV/EBITDA | 17.71 |
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)2.58
PEG (5Y)2.1
EPS Next 2Y8.9%
EPS Next 3Y10.31%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.05%, 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.
- Compared to an average S&P500 Dividend Yield of 1.85, MSA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.26%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
- 29.53% 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.
DP29.53%
EPS Next 2Y8.9%
EPS Next 3Y10.31%
199.79
-2.35 (-1.16%)
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 Cap7.83B
Revenue(TTM)1.87B
Net Income(TTM)278.87M
Analysts76
Price Target191.15 (-4.32%)
Short Float %3.39%
Short Ratio5.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.05% |
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 | 25.19 | ||
| Fwd PE | 22.95 | ||
| P/S | 4.17 | ||
| P/FCF | 26.49 | ||
| P/OCF | 21.51 | ||
| P/B | 5.72 | ||
| P/tB | 23.27 | ||
| EV/EBITDA | 17.71 |
EPS(TTM)7.93
EY3.97%
EPS(NY)8.71
Fwd EY4.36%
FCF(TTM)7.54
FCFY3.78%
OCF(TTM)9.29
OCFY4.65%
SpS47.86
BVpS34.9
TBVpS8.59
PEG (NY)2.58
PEG (5Y)2.1
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 | 6.32 |
F-Score5
WACC8.42%
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 25.19 and the Price/Book (PB) ratio is 5.72.
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%.