MSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, industrial manufacturing applications, utilities, military, and mining industries in North America, Latin America, and internationally. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has MSA Safety's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MSA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MSA's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: MSA underperformed the US Commercial Services industry which returned 50% over the past year.
Return vs Market: MSA underperformed the US Market which returned 57.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is MSA Safety's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StMSA Safety Incorporated (NYSE:MSA) Has Got What It Takes To Be An Attractive Dividend Stock
3 weeks ago | Simply Wall StIs MSA Safety Incorporated's (NYSE:MSA) Recent Performance Tethered To Its Attractive Financial Prospects?
1 month ago | Simply Wall StMSA Safety (NYSE:MSA) Seems To Use Debt Quite Sensibly
Is MSA Safety undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MSA ($154.68) is trading above our estimate of fair value ($92.25)
Significantly Below Fair Value: MSA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MSA is poor value based on its PE Ratio (50.1x) compared to the US Commercial Services industry average (34.4x).
PE vs Market: MSA is poor value based on its PE Ratio (50.1x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: MSA is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: MSA is overvalued based on its PB Ratio (7.6x) compared to the US Commercial Services industry average (2.6x).
How is MSA Safety forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MSA's forecast earnings growth (25.3% per year) is above the savings rate (2%).
Earnings vs Market: MSA's earnings (25.3% per year) are forecast to grow faster than the US market (18.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MSA's revenue (4.9% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: MSA's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MSA's Return on Equity is forecast to be low in 3 years time (19.9%).
How has MSA Safety performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSA has a large one-off loss of $67.4M impacting its December 31 2020 financial results.
Growing Profit Margin: MSA's current net profit margins (8.9%) are lower than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: MSA's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: MSA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSA had negative earnings growth (-12.1%) over the past year, making it difficult to compare to the Commercial Services industry average (-12.1%).
Return on Equity
High ROE: MSA's Return on Equity (15%) is considered low.
How is MSA Safety's financial position?
Financial Position Analysis
Short Term Liabilities: MSA's short term assets ($754.3M) exceed its short term liabilities ($310.5M).
Long Term Liabilities: MSA's short term assets ($754.3M) exceed its long term liabilities ($752.0M).
Debt to Equity History and Analysis
Debt Level: MSA's debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: MSA's debt to equity ratio has reduced from 89.8% to 37.9% over the past 5 years.
Debt Coverage: MSA's debt is well covered by operating cash flow (67.2%).
Interest Coverage: MSA's interest payments on its debt are well covered by EBIT (41.2x coverage).
What is MSA Safety current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MSA's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: MSA's dividend (1.11%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: MSA's dividends per share have been stable in the past 10 years.
Growing Dividend: MSA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.4%), MSA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MSA's dividends in 3 years are forecast to be well covered by earnings (31.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nish Vartanian (60 yo)
Mr. Nishan J. Vartanian, also known as Nish, has been the President at MSA Safety Incorporated since June 4, 2017 and its Chief Executive Officer since May 15, 2018 also serves as its Chairman since May, 2...
CEO Compensation Analysis
Compensation vs Market: Nish's total compensation ($USD6.66M) is about average for companies of similar size in the US market ($USD6.36M).
Compensation vs Earnings: Nish's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: MSA's management team is considered experienced (3.3 years average tenure).
Experienced Board: MSA's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MSA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MSA Safety Incorporated's company bio, employee growth, exchange listings and data sources
- Name: MSA Safety Incorporated
- Ticker: MSA
- Exchange: NYSE
- Founded: 1914
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: US$5.961b
- Shares outstanding: 39.09m
- Website: https://www.msasafety.com
Number of Employees
- MSA Safety Incorporated
- 1000 Cranberry Woods Drive
- Cranberry Township
- United States
MSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, industrial manufact...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/12 22:09|
|End of Day Share Price||2021/04/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.