MSA vs TRSG Stock Comparison

MSA Safety and Tungray Technologies Prices as of Oct 26, 2026 Peers: Industry group
MSA MSA Safety Inc
$182.59 +0.1% 1M +8.6% 1Y
Market cap
$6.94B
P/E
22.1x
Revenue (TTM)
$1.95B
Div. yield
–
Power Tools Industrials
3 wins

Head to Head

3 decided of 12

MSA Safety leads on 3 of the 12 questions below (MSA Safety 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMSATRSGLeader
Larger companyMarket capitalisation $6.94B $19.79M MSA
Cheaper on earningsLower P/E, profitable companies only 22.1x -1,475x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.6x — –
Faster revenue growthRevenue growth, trailing twelve months +6.5% — –
More profitableNet margin, trailing twelve months 16.1% — –
Better return on capitalReturn on invested capital 15.9% — –
Less leveragedLower net debt / EBITDA 0.8x — –
Higher dividend yieldTrailing dividend yield 0.00% — –
Better 1-year returnPrice return, last 12 months +8.6% -13.6% MSA
Better 5-year returnAnnualised price return, 5 years +3.7%/yr — –
Less volatileAnnualised volatility, 1 year 25.5% 62.9% MSA
Higher overall scoreMean of the five percentile scores vs peers 77/100 — –

Percentile Scorecard

MSATRSG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMSATRSG
Valuation 55 #91 of 203 54 #95 of 203
Growth 86 #27 of 187 –
Profitability 97 #7 of 185 –
Financial Health 76 #53 of 219 73 #59 of 219
Shareholder Returns 73 #42 of 153 –
Overall 77 –
  • MSA ranked among 222 companies in Machinery
  • TRSG ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMSATRSGSPY
1 month +0.1%-8.3% -0.8%
3 months +4.0%-18.2% +3.5%
6 months +6.8%-2.4% +7.0%
Year to date +14.0%+8.3% +12.2%
1 year +8.6%-13.6% +13.0%
3 years +15.9%— +86.3%
3 years, per year +5.0%— +23.1%
5 years +20.0%— +68.6%
5 years, per year +3.7%— +11.0%
10 years +228.8%— +258.0%
10 years, per year +12.6%— +13.6%

Risk

MeasureMSATRSGSPY
Volatility, 1Y 25.5%62.9% 12.7%
Downside volatility, 1Y 24.1%61.6% 12.7%
Beta vs S&P 500, 1Y 0.82-0.04 1.00
Return / volatility, 1Y 0.34-0.22 1.02
Max drawdown, 5Y -34.9%-86.3% -25.4%
From 52-week high -10.1%-28.8% -1.8%
52-week high $203.08$1.70 $779.14
52-week low $152.94$1.03 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMSATRSG
P/E now vs peer median 22.5xmedian 26.0x -1,475xmedian 26.0x
P/S now vs peer median 3.6xmedian 1.9x 1.3xmedian 1.9x
EV/EBITDA now vs peer median 15.3xmedian 14.0x —median 14.0x
P/FCF now vs peer median 19.9xmedian 21.4x -5.1xmedian 21.4x
P/B now vs peer median 5.0xmedian 2.2x 1.1xmedian 2.2x
PEG now vs peer median 0.12median 1.26 —median 1.26

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMSATRSG
Revenue $1.95B –
Gross profit $925.88M –
Operating income $413.17M –
Net income $314.01M –
Free cash flow $354.30M –
R&D $68.19M –
EPS (diluted) $8.11 –
Cash & equivalents $200.06M $6.64M
Total debt $599.74M $6.23M
Shares (diluted) 38.70M 15.00M
Enterprise value $6.22B -$15.16M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMSATRSG
P/E 22.5x -1,475x
P/FCF 19.9x -5.1x
P/Operating cash flow 17.4x –
P/S 3.6x 1.3x
P/B 5.0x 1.1x
P/Tangible book 6.3x 1.1x
EV/EBITDA 15.3x –
EV/EBIT 18.0x –
EV/Revenue 3.8x –
EV/FCF 21.0x –
EV/Operating cash flow 18.4x –
PEG (3Y EPS CAGR) 0.12 –

Growth

14 metrics
MetricMSATRSG
Revenue growth (1Y) 6.5% –
Revenue CAGR (3Y) 5.2% –
Gross profit growth (1Y) 8.2% –
Gross profit CAGR (3Y) 6.7% –
Operating income growth (1Y) 10.8% –
Operating income CAGR (3Y) 34.5% –
Net income growth (1Y) 13.4% –
Net income CAGR (3Y) 186.8% –
EPS growth (1Y) 15.3% –
EPS CAGR (3Y) 188.5% –
Operating cash flow growth (1Y) 26.3% –
Operating cash flow CAGR (3Y) 96.0% –
Free cash flow growth (1Y) 40.3% –
Free cash flow CAGR (3Y) 72.1% –

Profitability

14 metrics
MetricMSATRSG
Gross margin 47.6% –
EBITDA margin 25.1% –
Operating margin 21.2% –
Pretax margin 21.1% –
Net margin 16.1% –
FCF margin 18.2% –
Operating cash flow margin 20.9% –
Return on equity 22.8% –
Return on assets 12.2% –
Return on invested capital 15.9% –
Return on capital employed 18.0% –
Asset turnover 0.8x –
Cash conversion (OCF / net income) 1.3x –
Stock comp / revenue 1.0% –

Financial Health

11 metrics
MetricMSATRSG
Debt / assets 23.1% 9.5%
Debt / equity 0.4x 0.2x
Net debt / EBITDA 0.8x –
Debt / FCF 1.7x –
Liabilities / assets 46.1% 37.8%
Equity / assets 53.9% 62.2%
Interest coverage 12.7x –
Current ratio 3.2x 1.9x
Quick ratio 1.9x 1.2x
Cash ratio 0.7x 0.7x
Altman Z-score 5.99 –

Shareholder Returns

7 metrics
MetricMSATRSG
Dividend yield 1.2% –
Net buyback yield 1.8% –
Shareholder yield 2.9% –
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMSATRSG
Forward P/E 19.6xFY2026 –
EPS, next fiscal year $9.33FY2026 –
EPS growth, next FY +17.7%FY2026 –
EPS growth, the year after +3.4% –
Revenue, next fiscal year $1.98BFY2026 –
Revenue growth, next FY +5.2%FY2026 –
Revenue growth, the year after +19.6% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMSATRSG
Held by institutions 91.0% –
Institutions holding 457 –
Change in shares held, QoQ +3.0% –
Institutions buying 236 –
Institutions selling 147 –
Buyers to sellers 1.61 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MSATRSG
MSA 1.00 0.01
TRSG 0.01 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, MSA and TRSG?

MSA Safety (MSA) is the largest by market capitalisation: MSA Safety (MSA) $6.94B, Tungray Technologies (TRSG) $19.79M.

Which stock has performed better?

Over the past year MSA Safety (MSA) returned the most: MSA Safety (MSA) +8.6%, Tungray Technologies (TRSG) -13.6%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, MSA Safety (MSA) has been the steadiest (MSA Safety (MSA) 25.5%, Tungray Technologies (TRSG) 62.9%). Volatility measures how widely the price swings, not the risk of the business.

Do MSA and TRSG move together?

Their daily returns over the past year have a correlation of 0.01, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, MSA and TRSG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, MSA Safety (MSA) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.