
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


MSA Safety (MSA)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: MSA (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -6.75% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.88B USD | Price to earnings Ratio 20.76 | 1Y Target Price 191.1 |
Price to earnings Ratio 20.76 | 1Y Target Price 191.1 | ||
Volume (30-day avg) 191930 | Beta 0.98 | 52 Weeks Range 144.12 - 198.82 | Updated Date 04/2/2025 |
52 Weeks Range 144.12 - 198.82 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 1.39% | Basic EPS (TTM) 7.21 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 15.76% | Operating Margin (TTM) 24.55% |
Management Effectiveness
Return on Assets (TTM) 12.03% | Return on Equity (TTM) 27.01% |
Valuation
Trailing PE 20.76 | Forward PE - | Enterprise Value 6167458577 | Price to Sales(TTM) 3.25 |
Enterprise Value 6167458577 | Price to Sales(TTM) 3.25 | ||
Enterprise Value to Revenue 3.41 | Enterprise Value to EBITDA 12.95 | Shares Outstanding 39260600 | Shares Floating 37058313 |
Shares Outstanding 39260600 | Shares Floating 37058313 | ||
Percent Insiders 6.21 | Percent Institutions 87.86 |
Analyst Ratings
Rating 4.2 | Target Price 199.5 | Buy - | Strong Buy 3 |
Buy - | Strong Buy 3 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
MSA Safety

Company Overview
History and Background
MSA Safety was founded in 1914 as Mine Safety Appliances to improve safety in coal mines. Over time, it expanded into a global leader in safety equipment, developing innovative technologies for various industries.
Core Business Areas
- Americas: Includes sales of products primarily in United States and Canada. Products include fall protection, gas detection, head protection, and respiratory protection.
- International: Encompasses sales of products in Europe, Middle East, Africa, and Asia Pacific. The segment offers gas detection and fire and rescue equipment.
- MSA Services: Offers various services from product inspection and maintenance.
Leadership and Structure
Nish Vartanian serves as the Chairman, President, and Chief Executive Officer. The company operates with a functional organizational structure, led by senior vice presidents overseeing different business units and support functions.
Top Products and Market Share
Key Offerings
- Product Name 1: Self-Contained Breathing Apparatus (SCBA): Used by firefighters and industrial workers, providing breathable air in hazardous environments. MSA holds a significant market share globally within SCBAs. Competitors include Dru00e4ger, Scott Safety (part of 3M), and Honeywell.
- Product Name 2: Portable Gas Detectors: Detect and monitor hazardous gases. MSA has a strong market position in portable gas detection. Competitors include Industrial Scientific (part of Fortive), RAE Systems (Honeywell), and Dru00e4ger.
- Product Name 3: Fall Protection Equipment: Includes harnesses, lanyards, and anchorage connectors for workers at heights. MSA has a robust market share in fall protection. Competitors include Honeywell, 3M, and Werner.
Market Dynamics
Industry Overview
The safety equipment industry is driven by regulatory standards, workplace safety concerns, and technological advancements. Growth is influenced by increasing industrialization and infrastructure development, especially in emerging markets.
Positioning
MSA Safety is a leading player in the safety equipment market, known for its innovation, quality products, and strong brand reputation. It competes on product performance, reliability, and customer service.
Total Addressable Market (TAM)
The global safety equipment market is estimated to be worth over $50 billion. MSA Safety is well-positioned to capture a significant share of this market, focusing on high-growth segments and strategic acquisitions.
Upturn SWOT Analysis
Strengths
- Strong Brand Recognition
- Extensive Product Portfolio
- Global Distribution Network
- Focus on Innovation
- High Quality Products
Weaknesses
- Exposure to Cyclical Industries
- Dependence on Regulatory Standards
- Higher price point that Competitors
- High Product Liability Expense
Opportunities
- Expanding into Emerging Markets
- Developing New Technologies (e.g., connected safety)
- Acquiring Complementary Businesses
- Increasing Focus on Service and Rental Offerings
Threats
- Intense Competition
- Fluctuations in Raw Material Prices
- Changes in Regulatory Standards
- Economic Downturns
Competitors and Market Share
Key Competitors
- HON
- MMM
- DOV
Competitive Landscape
MSA Safety competes with a mix of large, diversified companies and smaller, specialized players. MSA's advantages include its strong brand, broad product portfolio, and global distribution network. Disadvantages include higher price points for some products and vulnerability to economic downturns.
Major Acquisitions
Bacharach
- Year: 2021
- Acquisition Price (USD millions): 337
- Strategic Rationale: Enhanced gas detection portfolio and expanded reach into HVAC-R markets.
Growth Trajectory and Initiatives
Historical Growth: MSA Safety has experienced steady revenue growth over the past decade, driven by organic expansion and strategic acquisitions.
Future Projections: Analysts project MSA Safety to continue growing at a rate of 3-5% annually, driven by increasing demand for safety equipment and continued innovation.
Recent Initiatives: Recent initiatives include the launch of new connected safety products, expansion into emerging markets, and acquisitions of complementary businesses.
Summary
MSA Safety is a well-established company with a strong brand and diverse product portfolio in the safety equipment market. The company's focus on innovation and strategic acquisitions has fueled steady growth. Its exposure to cyclical industries and dependence on regulatory standards pose challenges. Continued expansion into emerging markets and development of new technologies will be key to future success.
Similar Companies

GE

GE Aerospace



GE

GE Aerospace

HON

Honeywell International Inc



HON

Honeywell International Inc

MMM

3M Company



MMM

3M Company

ROP

Roper Technologies, Inc.



ROP

Roper Technologies, Inc.
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Investor Presentations
- Analyst Reports
- Market Research Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change, so it is important to conduct thorough due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MSA Safety
Exchange NYSE | Headquaters Cranberry Township, PA, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Director Mr. Steven C. Blanco Sr. | ||
Sector Industrials | Industry Security & Protection Services | Full time employees 5200 | Website https://www.msasafety.com |
Full time employees 5200 | Website https://www.msasafety.com |
MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures worldwide. The company offers breathing apparatus products, including self-contained breathing apparatus; firefighter helmets and protective apparel; and fixed gas and flame detection systems, such as fixed gas detection monitoring systems, flame detectors and open-path infrared gas detectors, and refrigerant detection and identification solution, as well as hand-held portable gas detection instruments to detect the presence or absence of various gases in the air. It also provides industrial head protection products; and fall protection equipment, such as confined space equipment, harnesses, lanyards, and self-retracting lifelines, as well as engineered systems. In addition, the company offers air-purifying respirators, eye and face protection products, ballistic helmets, and gas masks. It serves fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries through distributors and end-users through indirect and direct sales channels. The company offers its products under the V-Gard, Cairns, and Gallet brand names. MSA Safety Incorporated was founded in 1914 and is based in Cranberry Township, Pennsylvania.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.