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MSA

NEUTRAL
$164.13 Live
MSA Safety Incorporated · NYSE
Target $208.14 (+26.8%)
$151.11 52W Range $208.92

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 30, 2026
Market cap
$6.36B
P/E
23.15
ROE
22.2%
Profit margin
14.9%
Debt/Equity
0.47
Dividend yield
1.29%

AI Analysis

AI-powered fundamental assessment

Confidence
85%
MSA exhibits a stable deterministic health profile with a Piotroski F-Score of 4/9 and exceptional liquidity (Current Ratio 3.01), yet it faces a severe valuation disconnect. The stock trades at a significant premium to its Graham Number ($74.76) and Intrinsic Value ($49.63), suggesting the market is pricing in a high-quality moat that current growth rates (Revenue Growth 2.20%) do not fully justify. While profitability metrics (ROE 22.22%) and a consistent track record of earnings beats are strong, the combination of bearish technicals, insider selling, and stagnant YoY earnings growth warrants a neutral stance.

Key Strengths

Strong profitability with an ROE of 22.22% and Operating Margin of 24.13%
Excellent liquidity position with a Current Ratio of 3.01 and Quick Ratio of 1.63
Consistent earnings track record, beating estimates in 3 of the last 4 quarters
Low leverage with a Debt/Equity ratio of 0.47
Strategic expansion via the $189M acquisition of M&C TechGroup to enhance gas analysis capabilities

Key Risks

Significant overvaluation relative to Graham and Intrinsic value models
Stagnant growth profile with YoY earnings growth at -0.40%
Bearish technical trend (0/100) and negative insider sentiment
Exposure to cyclical energy sector turnarounds and government spending volatility
Low dividend yield (1.29%) providing little downside protection
AI Fair Value Estimate
Based on comprehensive analysis
$115.5
-29.6% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
56
Moderate
Value
30
Future
45
Past
85
Health
70
Dividend
50
AI Verdict
Fundamentally sound but overpriced
Key drivers: High ROE/Margins, Low Debt, Valuation Gap, Slow Growth
Confidence
90%
Value
30/100

Ref P/E 23.15, PEG 0.99, Graham Number $74.76

Positives
  • PEG ratio of 0.99 suggests fair value relative to growth
Watchpoints
  • Price ($164.13) is more than double the Graham Number ($74.76)
  • Price is significantly above Intrinsic Value ($49.63)
Future
45/100

Ref Growth rates and recent acquisitions

Positives
  • M&C TechGroup acquisition provides new product avenues
  • Strong analyst target price of $208.14
Watchpoints
  • YoY Revenue growth is sluggish at 2.20%
  • Earnings growth is slightly negative (-0.40%)
Past
85/100

Ref Historical earnings surprises

Positives
  • Impressive 25-quarter track record of beating estimates
  • Consistent positive surprises in EPS
Watchpoints
  • Recent 6-month price performance is negative (-2.6%)
Health
70/100

Ref Piotroski F-Score 4/9, Debt/Equity 0.47

Positives
  • Very low Debt/Equity (0.47)
  • Strong current ratio (3.01)
Watchpoints
  • Piotroski F-Score of 4/9 indicates only stable, not strong, financial health
Dividend
50/100

Ref Yield 1.29%, Payout 29.62%

Positives
  • Low payout ratio (29.62%) ensures sustainability
Watchpoints
  • Low yield (1.29%) is not attractive for income investors

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$164.13
Analyst Target
$208.14
Upside/Downside
+26.8%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for MSA and closest competitors.

Updated 2026-04-29
MSA
MSA Safety Incorporated
Primary
5Y
+8.5%
3Y
+30.4%
1Y
+7.7%
6M
-2.6%
1M
+2.1%
1W
-3.5%
ESA
ESAB Corporation
Peer
5Y
+105.4%
3Y
+77.1%
1Y
-15.3%
6M
-15.5%
1M
+3.9%
1W
-7.5%
GXO
GXO Logistics, Inc.
Peer
5Y
+4.9%
3Y
+7.6%
1Y
+59.0%
6M
+4.5%
1M
+15.1%
1W
-3.6%
ADT
ADT Inc.
Peer
5Y
+1.2%
3Y
+0.3%
1Y
+11.5%
6M
-3.6%
1M
-0.6%
1W
-2.7%
LST
Landstar System, Inc.
Peer
5Y
+17.8%
3Y
+8.9%
1Y
+36.5%
6M
+41.7%
1M
+15.1%
1W
+1.5%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
23.15
Forward P/E
17.33
PEG Ratio
0.99
P/B Ratio
4.68
P/S Ratio
3.39
EV/Revenue
3.65
EV/EBITDA
14.2
Market Cap
$6.36B

Profitability

Profit margins and return metrics

Profit Margin 14.88%
Operating Margin 24.13%
Gross Margin 46.46%
ROE 22.22%
ROA 11.09%

Growth

Revenue and earnings growth rates

Revenue Growth +2.2%
Earnings Growth -0.4%
Q/Q Revenue Growth +2.24%
Q/Q Earnings Growth -1.2%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.47
Low debt
Current Ratio
3.01
Strong
Quick Ratio
1.63
Excellent
Cash/Share
$4.26

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.5B
Gross Margin
46.9%
Op. Margin
23.1%
Net Margin
17.0%
Total Assets
$2.6B
Liabilities
$1.2B
Equity
$1.4B
Debt/Equity
0.87x
Operating CF
$0.1B
CapEx
$-0.0B
Free Cash Flow
$0.1B
FCF Yield
87%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-04
$N/A
2026-02-11
$2.38
+5.3% surprise
2025-10-28
$1.94
+3.9% surprise
2025-08-04
$1.93
+10.0% surprise

Industrials Sector Comparison

Comparing MSA against 514 companies in the Industrials sector (42 bullish, 195 neutral, 277 bearish)
P/E Ratio
23.15
This Stock
vs
93.12
Sector Avg
-75.1% (Discount)
Return on Equity (ROE)
22.22%
This Stock
vs
0.92%
Sector Avg
+2324.1% (Excellent)
Profit Margin
14.88%
This Stock
vs
6.42%
Sector Avg
+131.8% (Superior)
Debt to Equity
0.47
This Stock
vs
2.75
Sector Avg
-83.0% (Less Debt)
Revenue Growth
2.2%
This Stock
vs
66.24%
Sector Avg
-96.7% (Slower)
Current Ratio
3.01
This Stock
vs
3.02
Sector Avg
-0.4% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

JORDAN GREGORY B.
Director
Stock Award
2026-03-10
16 shares
PHILLIPS SANDRA L.
Director
Stock Award
2026-03-10
7 shares
PEARSE DIANE M
Director
Stock Award
2026-03-10
16 shares
SAVI LUCA
Director
Stock Award
2026-03-10
12 shares
BLANCO STEVEN C SR
Chief Executive Officer
Stock Award
2026-03-06
4,969 shares
BLANCO STEVEN C SR
Chief Executive Officer
Stock Award
2026-03-06
8,745 shares
VARTANIAN NISHAN J
Chairman of the Board
Stock Award
2026-03-06
60,786 shares
SCIULLO STEPHANIE L
President
Stock Award
2026-03-06
6,077 shares
BUCK JONATHAN D
Officer
Stock Award
2026-03-06
783 shares
BUCK JONATHAN D
Officer
Stock Award
2026-03-06
1,100 shares
RODA RICHARD W
Officer
Stock Award
2026-03-06
989 shares
HOWELLS DAVID J
Officer
Stock Award
2026-03-06
755 shares
HOWELLS DAVID J
Officer
Stock Award
2026-03-06
1,000 shares
BLANCO STEVEN C SR
Chief Executive Officer
Stock Award
2026-03-04
4,929 shares
SCIULLO STEPHANIE L
President
Stock Award
2026-03-04
1,223 shares
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

DEF 14A
DEF 14A
2026-03-26

MSA filed a Definitive Proxy Statement on March 26, 2026, providing shareholders with necessary information and voting materials for the company's annual meeting.

8-K
8-K
2026-02-26

MSA likely reported its fourth-quarter and full-year financial results.

10-K
10-K
2026-02-12

MSA Safety Incorporated is a global leader in safety products, operating through Americas and International segments to serve highly regulated industries including fire service, energy, and industrial manufacturing. While not significantly impacted by overall seasonality, financial results are influenced by economic cycles, catastrophes, and specific timing related to government sales and energy sector turnarounds. Key risks include environmental factors and variability in the delivery and invoicing of large orders.

8-K
8-K
2026-02-11

MSA Safety Inc. filed an 8-K on February 11, 2026, likely to announce its fourth quarter and full year financial results.

8-K
8-K
2025-12-23
10-Q
10-Q
2025-10-29

MSA executed an acquisition during the nine months ended September 30, 2025, utilizing the acquisition method of accounting to allocate costs to assets and liabilities. Future operating results are subject to risk based on the accuracy of management estimates and third-party valuations used to determine the fair value of acquired assets and liabilities.

8-K
8-K
2025-10-28

MSA Safety Inc. likely reported its third-quarter financial results for the period ending September 30, 2025.

8-K
8-K
2025-08-13

MSA Safety Inc. filed an 8-K on August 13, 2025, likely to announce its second-quarter financial results.

10-Q
10-Q
2025-08-05

MSA executed an acquisition in the second quarter of 2025, utilizing the acquisition method of accounting to allocate costs and recognize goodwill. Future operating results are subject to risk based on the fair value estimates of acquired assets and liabilities and management's judgment regarding the useful lives of intangible assets.

8-K
8-K
2025-08-04

MSA Safety Inc. filed an 8-K on August 4, 2025, likely to announce its second quarter 2025 financial results.

8-K
8-K
2025-05-14
8-K
8-K
2025-05-07
10-Q
10-Q
2025-05-01
8-K
8-K
2025-04-29
8-K
8-K
2025-04-04
Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
BUY
7 analysts
Baird
2026-03-30
Maintains
Neutral Neutral
DA Davidson
2026-02-18
Maintains
Buy Buy

Past News Coverage

Recent headlines mentioning MSA from our newsroom.

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