MSA SAFETY INC (MSA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSA - US5534981064 - Common Stock
184.64 USD
+1.61 (+0.88%)
160.76 USD
-23.88 (-12.93%)
We assign a fundamental rating of 7 out of 10 to MSA. 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 decent growth rate and is not valued too expensively. Finally MSA also has an excellent dividend rating. With these ratings, MSA could be worth investigating further for dividend investing!.
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.
- MSA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- MSA's Return On Assets of 10.96% is amongst the best of the industry. MSA outperforms 88.75% of its industry peers.
- 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.
- Measured over the past 3 years, the Average Return On Invested Capital for MSA is above the industry average of 10.54%.
| 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.
- Looking at the Operating Margin, with a value of 21.11%, MSA belongs to the top of the industry, outperforming 96.25% 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 46.48%, 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.
- Compared to 1 year ago, MSA has about the same amount of shares outstanding.
- 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
- MSA has an Altman-Z score of 5.77. This indicates that MSA is financially healthy and has little risk of bankruptcy at the moment.
- MSA has a Altman-Z score of 5.77. This is amongst the best in the industry. MSA outperforms 85.00% 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 78.75% 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.
- MSA has a Debt to Equity ratio (0.48) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 5.77 |
ROIC/WACC1.59
WACC8.61%
2.3 Liquidity
- A Current Ratio of 3.08 indicates that MSA has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 3.08, MSA belongs to the top of the industry, outperforming 81.25% 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's Quick ratio of 1.86 is fine compared to the rest of the industry. MSA outperforms 73.75% 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 3.86% 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 9.91% yearly.
- The Revenue has been growing slightly by 3.32% in the past year.
- MSA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.22% yearly.
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
- 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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 23.67 indicates a rather expensive valuation of MSA.
- Compared to the rest of the industry, the Price/Earnings ratio of MSA indicates a somewhat cheap valuation: MSA is cheaper than 71.25% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.47, MSA is valued at the same level.
- Based on the Price/Forward Earnings ratio of 21.21, 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 70.00% of the companies listed in the same industry.
- MSA's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.67 | ||
| Fwd PE | 21.21 |
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.
- 66.25% 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 | 25.56 | ||
| EV/EBITDA | 16.47 |
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.
- MSA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)10.24
PEG (5Y)2.39
EPS Next 2Y6.33%
EPS Next 3Y6.89%
5. Dividend
5.1 Amount
- MSA has a Yearly Dividend Yield of 1.16%. Purely for dividend investing, there may be better candidates out there.
- MSA's Dividend Yield is rather good when compared to the industry average which is at 0.84. MSA pays more dividend than 81.25% of the companies in the same industry.
- Compared to the average S&P500 Dividend Yield of 1.87, 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 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
- 29.20% of the earnings are spent on dividend by MSA. This is a low number and sustainable payout ratio.
- The dividend of MSA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP29.2%
EPS Next 2Y6.33%
EPS Next 3Y6.89%
184.64
+1.61 (+0.88%)
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 Change0.17%
Ins Owners0.74%
Ins Owner Change-1.38%
Market Cap7.23B
Revenue(TTM)1.86B
Net Income(TTM)279.89M
Analysts76
Price Target191.15 (3.53%)
Short Float %3.49%
Short Ratio4.98
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 | 23.67 | ||
| Fwd PE | 21.21 | ||
| P/S | 3.88 | ||
| P/FCF | 25.56 | ||
| P/OCF | 20.7 | ||
| P/B | 5.55 | ||
| P/tB | 27.22 | ||
| EV/EBITDA | 16.47 |
EPS(TTM)7.8
EY4.22%
EPS(NY)8.71
Fwd EY4.71%
FCF(TTM)7.22
FCFY3.91%
OCF(TTM)8.92
OCFY4.83%
SpS47.58
BVpS33.25
TBVpS6.78
PEG (NY)10.24
PEG (5Y)2.39
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 | 5.77 |
F-Score5
WACC8.61%
ROIC/WACC1.59
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 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 23.67 and the Price/Book (PB) ratio is 5.55.
Can you provide the dividend sustainability for MSA stock?
The dividend rating of MSA SAFETY INC (MSA) is 7 / 10 and the dividend payout ratio is 29.2%.