MSA SAFETY INC (MSA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSA - US5534981064 - Common Stock
161.48 USD
+0.45 (+0.28%)
Taking everything into account, MSA scores 6 out of 10 in our fundamental rating. MSA was compared to 82 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.
MSA had a positive operating cash flow in the past year.
Each year in the past 5 years MSA has been profitable.
Each year in the past 5 years MSA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MSA (10.96%) is better than 89.02% of its industry peers.
The Return On Equity of MSA (21.49%) is better than 87.80% of its industry peers.
With an excellent Return On Invested Capital value of 13.73%, MSA belongs to the best 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 10.48%.
| 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 93.90% of its industry peers.
MSA's Profit Margin has improved in the last couple of years.
MSA has a better Operating Margin (21.11%) than 96.34% of its industry peers.
MSA's Operating Margin has improved in the last couple of years.
MSA has a better Gross Margin (46.48%) than 85.37% 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 | 21.11% | ||
| 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.
MSA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MSA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.36 indicates that MSA is not in any danger for bankruptcy at the moment.
MSA has a Altman-Z score of 5.36. This is amongst the best in the industry. MSA outperforms 85.37% 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 Debt to FCF ratio of 2.22. This is in the better half of the industry: MSA outperforms 76.83% of its industry peers.
MSA has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
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 | 5.36 |
ROIC/WACC1.64
WACC8.39%
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.
MSA's Current ratio of 3.08 is amongst the best of the industry. MSA outperforms 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.
With a decent Quick ratio value of 1.86, MSA is doing good in the industry, outperforming 75.61% of the companies in the same industry.
| 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.
MSA shows a small growth in Revenue. In the last year, the Revenue has grown by 3.32%.
The Revenue has been growing slightly by 5.22% on average over the past years.
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.
MSA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.72% yearly.
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.
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
MSA is valuated rather expensively with a Price/Earnings ratio of 20.70.
MSA's Price/Earnings ratio is a bit cheaper when compared to the industry. MSA is 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 25.98.
A Price/Forward Earnings ratio of 18.48 indicates a rather expensive valuation of MSA.
MSA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MSA is cheaper than 70.73% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.79. MSA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.7 | ||
| Fwd PE | 18.48 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MSA.
Based on the Price/Free Cash Flow ratio, MSA is valued a bit cheaper than the industry average as 68.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.35 | ||
| EV/EBITDA | 14.61 |
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.
The excellent profitability rating of MSA may justify a higher PE ratio.
PEG (NY)11.59
PEG (5Y)2.09
EPS Next 2Y6.51%
EPS Next 3Y7.06%
5. Dividend
5.1 Amount
MSA has a Yearly Dividend Yield of 1.39%.
MSA's Dividend Yield is a higher than the industry average which is at 2.61.
Compared to an average S&P500 Dividend Yield of 2.41, MSA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
5.2 History
The dividend of MSA has a limited annual growth rate of 4.06%.
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)4.06%
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 2Y6.51%
EPS Next 3Y7.06%
NYSE:MSA (11/26/2025, 11:17:43 AM)
161.48
+0.45 (+0.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners95.81%
Inst Owner Change0.46%
Ins Owners0.75%
Ins Owner Change-0.63%
Market Cap6.32B
Revenue(TTM)1.86B
Net Income(TTM)279.89M
Analysts76
Price Target191.15 (18.37%)
Short Float %3.29%
Short Ratio4.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.39% |
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)-2.29%
PT rev (3m)-2.29%
EPS NQ rev (1m)-6.31%
EPS NQ rev (3m)-6.85%
EPS NY rev (1m)-1.12%
EPS NY rev (3m)-1.19%
Revenue NQ rev (1m)-3.63%
Revenue NQ rev (3m)-3.63%
Revenue NY rev (1m)-0.68%
Revenue NY rev (3m)-0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.7 | ||
| Fwd PE | 18.48 | ||
| P/S | 3.39 | ||
| P/FCF | 22.35 | ||
| P/OCF | 18.1 | ||
| P/B | 4.86 | ||
| P/tB | 23.8 | ||
| EV/EBITDA | 14.61 |
EPS(TTM)7.8
EY4.83%
EPS(NY)8.74
Fwd EY5.41%
FCF(TTM)7.22
FCFY4.47%
OCF(TTM)8.92
OCFY5.53%
SpS47.59
BVpS33.26
TBVpS6.78
PEG (NY)11.59
PEG (5Y)2.09
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 | 5.36 |
F-Score5
WACC8.39%
ROIC/WACC1.64
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%.