MSA
MSA Safety Incorporated
$182.21
+1.94% 2026-10-20
IndustrialsS&P 400
MSASPY
1W
+0.2%
1M
+1.4%
3M
+7.5%
6M
+6.7%
YTD
+14.8%
1Y
+10.9%
Live chart
Loading live chart…
Grades vs sector
Momentum60th pct in sectorB-
Momentum
60th pct in sector
12-1 return: +14.6%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Growth33rd pct in sectorC-
Growth
33rd pct in sector
Revenue growth (YoY): +6.2%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Value49th pct in sectorC+
Value
49th pct in sector
Forward E/P: 5.6% · EBITDA/EV: 7.1%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Profitability78th pct in sectorB+
Profitability
78th pct in sector
Profit margin: +16.1% · Return on equity: +23.7%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
RevisionsNot enough data yet–
Revisions
Not enough data yet
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
Our models
Not held by any of our 5 live models right now.
Quality Growth
not ranked (outside this model's universe or screens)
Momentum Top 15not ranked (outside this model's universe or screens)
Momentum Blendnot in the current book
New Highs Growthnot ranked (outside this model's universe or screens)
Conviction 20not in the current book
News
More newsKey stats
Market cap$7.0B
P/E (trailing)22.7
P/E (forward)18.3
52-week range151.11 – 208.92
Revenue growth (YoY, latest qtr)+6.2%
Dividend yield1.21%
Analyst consensusBuy (7)
Mean price target$209.14 (+15%)
Valuation and fundamentals
Valuation & fundamentals
Bottom line
Roughly fairly valued
Model read-out from the numbers below, not advice. Score +0 (DCF counts double).
•DCF (base case)below the price by 2%
•Forward P/E vs sector18.3x vs median 17.1x
•Piotroski F-score5/9
▲Altman Z6.0 (safe)
▲Net debt / EBITDA0.8x
•Analyst target+15% (7 analysts)
Discounted cash flow
Bear
$107
-41%
growth 2% · disc. 9.8% · term. 2.0%
Base
$178
-2%
growth 7% · disc. 8.8% · term. 2.5%
Bull
$279
+53%
growth 10% · disc. 7.8% · term. 3.0%
A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.
Reverse DCFfor context, not a signal
A normal DCF guesses future cash flows and works out a price. A reverse DCF runs it backwards: it starts from today's price and asks how fast free cash flow would have to grow to justify it. It tells you what the market is assuming, not whether the stock is cheap or expensive, and it is not a buy or sell signal. Glossary
Today's price assumes free cash flow grows about 6% a year for 10 years.
Implied
+6%/yr
FCF, last 3 yrs
+37%/yr
FCF, last 5 yrs
+13%/yr
Revenue, last 3 yrs
+7%/yr
Revenue, last 5 yrs
+7%/yr
Same inputs as the DCF above: trailing free cash flow 0.4B, 8.8% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–
Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.91 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.
Multiples vs Industrials
P/E (trailing)
cheaper
sector median 26.4× · 37th pct
22.7×cheaper
Forward P/E
pricier
sector median 17.1× · 57th pct
18.3×pricier
EV / EBITDA
pricier
sector median 14.8× · 52nd pct
15.2×pricier
Price / sales
pricier
sector median 2.1× · 73rd pct
3.6×pricier
Price / book
pricier
sector median 3.5× · 84th pct
8.4×pricier
FCF yield
cheaper
sector median 4.5% · 56th pct
5.0%cheaper
Forward EPS $9.95 vs trailing $8.04 (+24% expected growth). Forward P/E uses analysts' next-12-month estimate.
Quality & financial health
Gross margin
47.6%
Operating margin
21.2%
FCF margin
18.2%
Net margin
16.1%
Return on equity
37.6%
Return on invested capital
25.6%
Net debt / EBITDA
0.8×
Current ratio
3.2×
Interest cover
12.7×
Cash conversion (OCF/NI)
1.3×
Piotroski F-score 5/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✓ Current ratio improved✓ No share dilution✗ Gross margin improved✗ Asset turnover improved
Altman Z-score 6.0 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.
Analysts
Mean target
$209
+15%
Analysts
7
Buy
Range
$190–$223
low – high
● price · ◆ mean target
Annual history
| FY | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $1.9B | $278.9M | $295.4M |
| 2024 | $1.8B | $285.0M | $242.2M |
| 2023 | $1.8B | $58.6M | $50.1M |
| 2022 | $1.5B | $179.6M | $114.9M |
| 2021 | $1.4B | $21.3M | $155.3M |
| 2020 | $1.3B | $124.1M | $157.7M |
From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +7.1%.
Earnings
Next report: 2026-11-02 · during market · EPS est 2.09
EstimateActual (beat)Actual (miss)
| Report | EPS est | Actual | Surprise |
|---|---|---|---|
| 2026-07-30 | 2.14 | 2.40 | +12.4% |
| 2026-05-04 | 1.83 | 1.99 | +9.0% |
| 2026-02-11 | 2.26 | 2.38 | +5.3% |
| 2025-10-28 | 1.87 | 1.94 | +3.9% |
| 2025-08-04 | 1.76 | 1.93 | +10.0% |
| 2025-04-29 | 1.58 | 1.68 | +6.3% |
| 2025-02-12 | 2.26 | 2.25 | -0.2% |
| 2024-10-23 | 1.81 | 1.83 | +1.4% |
Quarterly revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 2026-06-30 | $503.3M | +6.2% |
| 2026-03-31 | $463.6M | – |
| 2025-12-31 | $510.9M | – |
| 2025-09-30 | $468.4M | – |
| 2025-06-30 | $474.1M | – |
Analyst actions
JP Morgan
PT $220
2026-08-03 · main
Neutral → NeutralPT $220
Baird
PT $215
2026-08-03 · main
Neutral → NeutralPT $215
DA Davidson
PT $206
2026-05-11 · main
Buy → BuyPT $206
Baird
PT $195
2026-03-30 · main
Neutral → NeutralPT $195
DA Davidson
PT $235
2026-02-18 · main
Buy → BuyPT $235
DA Davidson
PT $203
2025-07-22 · main
Buy → BuyPT $203
Recent dividends
2026-08-14: $0.540 · 2026-05-15: $0.540 · 2026-02-13: $0.530 · 2025-11-14: $0.530 · 2025-08-15: $0.530 · 2025-05-15: $0.530 · 2025-02-14: $0.510 · 2024-11-15: $0.510
Insider trades
Vartanian Nishan J.
$3.9M
Director · 2026-08-07
SELL$3.9M
Buck Jonathan D.
$89.6K
Chief Accounting Officer · 2026-08-04
SELL$89.6K
None
–
None · None
SELL–
None
–
None · None
SELL–
None
–
None · None
SELL–
None
–
None · None
SELL–
None
–
None · None
SELL–
None
–
None · None
SELL–
None
–
None · None
SELL–
Stats refreshed 2026-10-20 18:02:51 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now
coteau
Coteau Systematic Strategies publishes stock research and model portfolios. It doesn't manage money or give investment advice. Results are hypothetical unless marked Live. Data: Yahoo Finance (delayed) and SEC EDGAR.