MSA Safety Incorporated Common Stock (MSA)

FairStock Score: 54/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am looking for durable earnings power bought at a sensible price. MSA Safety sells breathing apparatus, firefighter gear, and gas and flame detection systems—products that customers cannot treat as casual purchases. That can create stickiness and replacement demand, though the figures alone do not prove a wide moat. The financial record is respectable: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $503.3M and net income $86.2M, or $2.23 per diluted share. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $463.6M and net income $71.3M, or $1.83 per diluted share. For FY2025, revenue was $1.9B, net income $278.9M, and diluted EPS $7.09. FY2024 net income was $285.0M, and FY2023 net income was only $58.6M, so the recent trend is much healthier than three years ago. FairStock’s calculations at the 2026-10-13 close of $181.79 show a P/E of 22.58, P/B of 5.02, ROE of 23.66%, ROCE of 11.07%, debt-to-equity of 0.46, and free cash flow of $354.3M, a 5.1% FCF yield. The balance sheet looks sound with a 9/9 Piotroski score and 5.04 Altman Z-score. But Graham’s conservative number is $81.10, leaving a negative margin of safety, and P/B is rich. PEG of 0.61 and FairStock score 54/100 suggest growth may justify some premium, but I would want a wider discount to intrinsic value before calling it a bargain.

In plain English: MSA Safety makes protective equipment and detection systems used by workers and fire services around the world. The business looks financially strong: it earns good profits, generates cash, and its latest quarter showed solid sales and income. At the recent price, however, the shares look expensive compared with the company’s accounting value and a conservative value estimate, even though profits and cash flow are healthy.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-K (period ended 2025-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer