MSA SAFETY INC (MSA) Stock Fundamental Analysis
NYSE:MSA • US5534981064
197.06 USD
-0.94 (-0.47%)
At close: Feb 20, 2026
197.06 USD
0 (0%)
After Hours: 2/20/2026, 8:04:00 PM
Overall MSA gets a fundamental rating of 7 out of 10. We evaluated MSA against 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 correct valuation and a medium 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.
- 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.
- Looking at the Return On Equity, with a value of 20.40%, MSA belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
- MSA's Return On Invested Capital of 13.23% is amongst the best of the industry. MSA outperforms 83.75% of its industry peers.
- MSA had an Average Return On Invested Capital over the past 3 years of 15.22%. This is above the industry average of 10.56%.
| 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
- MSA has a better Profit Margin (14.87%) than 95.00% of its industry peers.
- In the last couple of years the Profit Margin of MSA has grown nicely.
- MSA has a Operating Margin of 21.01%. This is amongst the best in the industry. MSA outperforms 95.00% of its industry peers.
- In the last couple of years the Operating Margin of MSA has grown nicely.
- MSA's Gross Margin of 46.46% is amongst the best of the industry. MSA outperforms 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 | 21.01% | ||
| 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
- MSA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- MSA has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, MSA has less shares outstanding
- The debt/assets ratio for MSA has been reduced compared to a year ago.
2.2 Solvency
- MSA has an Altman-Z score of 6.26. This indicates that MSA is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 6.26, MSA belongs to the top 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.
- The Debt to FCF ratio of MSA (1.97) is better than 82.50% 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 58.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 1.97 | ||
| Altman-Z | 6.26 |
ROIC/WACC1.57
WACC8.44%
2.3 Liquidity
- A Current Ratio of 3.01 indicates that MSA has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 3.01, MSA belongs to the top of the industry, outperforming 82.50% of the companies in the same industry.
- A Quick Ratio of 1.82 indicates that MSA should not have too much problems paying its short term obligations.
- MSA has a Quick ratio of 1.82. This is in the better half of the industry: MSA outperforms 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.
- The Revenue has been growing slightly by 6.82% on average over the past years.
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
- The Earnings Per Share is expected to grow by 10.31% on average over the next years. This is quite good.
- MSA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.38% yearly.
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 24.85, the valuation of MSA can be described as rather expensive.
- Based on the Price/Earnings ratio, MSA is valued a bit cheaper than the industry average as 65.00% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 26.99, MSA is valued at the same level.
- With a Price/Forward Earnings ratio of 22.64, MSA is valued on the expensive side.
- 65.00% of the companies in the same industry are more expensive than MSA, based on the Price/Forward Earnings ratio.
- MSA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.02, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.85 | ||
| Fwd PE | 22.64 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MSA is on the same level as its industry peers.
- 63.75% of the companies in the same industry are more expensive than MSA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.13 | ||
| EV/EBITDA | 17.48 |
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)2.54
PEG (5Y)2.07
EPS Next 2Y8.9%
EPS Next 3Y10.31%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.07%, MSA has a reasonable but not impressive dividend return.
- MSA's Dividend Yield is a higher than the industry average which is at 0.80.
- With a Dividend Yield of 1.07, MSA pays less dividend than the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
5.2 History
- The dividend of MSA has a limited annual growth rate of 4.26%.
- MSA has paid a dividend for at least 10 years, which is 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%
197.06
-0.94 (-0.47%)
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-7.57%
Ins Owners0.74%
Ins Owner Change-1.44%
Market Cap7.72B
Revenue(TTM)1.87B
Net Income(TTM)278.87M
Analysts76
Price Target191.15 (-3%)
Short Float %3.39%
Short Ratio5.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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)0%
EPS NQ rev (1m)-3.18%
EPS NQ rev (3m)-3.13%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.35%
Revenue NQ rev (1m)-1%
Revenue NQ rev (3m)-1%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.85 | ||
| Fwd PE | 22.64 | ||
| P/S | 4.12 | ||
| P/FCF | 26.13 | ||
| P/OCF | 21.21 | ||
| P/B | 5.65 | ||
| P/tB | 22.95 | ||
| EV/EBITDA | 17.48 |
EPS(TTM)7.93
EY4.02%
EPS(NY)8.71
Fwd EY4.42%
FCF(TTM)7.54
FCFY3.83%
OCF(TTM)9.29
OCFY4.71%
SpS47.86
BVpS34.9
TBVpS8.59
PEG (NY)2.54
PEG (5Y)2.07
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 | 6.26 |
F-Score5
WACC8.44%
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 24.85 and the Price/Book (PB) ratio is 5.65.
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%.