MSA (MSAfety) Construction In Progress: $25 Mil (As of Mar. 2026)


MSA MSA Safety Inc MSA
89 GF Score
Price $165.29
GF Value $186.84
Valuation Modestly Undervalued
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What is MSAfety Construction In Progress?

MSAfety MSA +1.62% 89 Construction In Progress is $25 Mil as of Mar. 2026. GuruFocus rates MSA with a GF Score™ of 89/100 and a GF Value™ of $186.84 (Modestly Undervalued).

MSAfety's quarterly construction in progress declined from Sep. 2025 ($27 Mil) to Dec. 2025 ($25 Mil) and declined from Dec. 2025 ($25 Mil) to Mar. 2026 ($25 Mil).

MSAfety's annual construction in progress increased from Dec. 2023 ($24 Mil) to Dec. 2024 ($25 Mil) but then declined from Dec. 2024 ($25 Mil) to Dec. 2025 ($25 Mil).

MSAfety Construction In Progress Historical Data

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The historical data trend for MSAfety's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MSAfety Construction In Progress Chart

MSAfety Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.55 22.10 24.40 25.45 24.96

MSAfety Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.28 31.91 27.34 24.96 24.61
MSA
89GF Score
MSA Safety Inc MSA
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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MSAfety Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $25 Mil mean?
MSAfety (MSA) has a Construction In Progress of $25 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on MSAfety and its competitors.
Is MSAfety's Construction In Progress too high?
MSAfety's current Construction In Progress is $25 Mil. Overall, MSAfety has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MSAfety's Construction In Progress compare to ADT and BCO?
MSAfety's Construction In Progress of $25 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Business Services company?
A good Construction In Progress depends on the Business Services industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on MSAfety and its competitors. MSAfety's current Construction In Progress is $25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSAfety stock overvalued right now?
Based on GuruFocus' analysis, MSAfety (MSA) is currently considered Modestly Undervalued. The stock's GF Value™ is $186.84, compared to a current price of $165.29 — trading 11.5% below its estimated fair value. The current Construction In Progress is $25 Mil. MSAfety's overall GF Score™ is 89/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For MSAfety (MSA), the current Construction In Progress is $25 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MSAfety (MSA) Overvalued in 2026?

Based on GuruFocus' analysis, MSAfety stock appears to be undervalued. The current stock price of $165.29 is trading 11.5% below its estimated GF Value™ of $186.84. GuruFocus considers MSAfety to be Modestly Undervalued.

Key valuation signals for MSA:

  • Construction In Progress: $25 Mil
  • GF Value™: $186.84 vs. price of $165.29 (11.5% below fair value)
  • GF Score™: 89/100

No single metric tells the full story. See the MSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MSAfety Business Description

Other Exchanges M07:Germany
Address 1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207
MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The company's product offerings include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems, among others. The end markets for its products include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. The company has organized its business into four geographical operating segments that are aggregated into two reportable segments: Americas and International. The majority of its revenue is generated from the Americas segment, which is comprised of the company's operations in Northern North America and Latin America geographies.
89GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$165.29
Price
$186.84
GF Value