MSAfetyMSA +0.70%89 3-Year ROIIC % is 49.63 as of Dec. 2025, which is 325% above its 10-year median of 11.69. GuruFocus rates MSA with a GF Score™ of 89/100 and a GF Value™ of $187.19 (Fairly Valued). Among 1,007 Business Services companies, MSAfety ranks better than 85% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
MSAfety's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 49.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for MSAfety's 3-Year ROIIC % or its related term are showing as below:
MSA's 3-Year ROIIC % is ranked better than 85% of 1007
companies
in the Business Services industry
Industry Median: 4.99
vs MSA: 49.63
MSAfety (NYSE:MSA) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
MSAfety 3-Year ROIIC % Related Terms
MSAfety 3-Year ROIIC % Historical Data
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The historical data trend for MSAfety's 3-Year ROIIC % 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.
For the Security & Protection Services subindustry, MSAfety's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MSAfety 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, MSAfety's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where MSAfety's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
MSAfety (MSA) has a 3-Year ROIIC % of 49.63 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on MSAfety and its competitors. This is 325% above median its historical median of 11.69. According to the industry distribution chart, MSAfety ranks #151 out of 1007 companies in the Business Services industry, placing it in the top 15%.
Is MSAfety's 3-Year ROIIC % too high?
MSAfety's current 3-Year ROIIC % of 49.63 is 325% above median its 10-year median of 11.69. The Business Services industry median 3-Year ROIIC % is 4.99. MSAfety's value of 49.63 is 894.6% above this industry median. Based on the distribution chart, MSAfety ranks #151 out of 1007 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, MSAfety has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MSAfety's 3-Year ROIIC % compare to ADT and BRC?
According to the Business Services industry distribution chart, MSAfety ranks #151 out of 1007 companies for 3-Year ROIIC %. This places MSAfety in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.99. MSAfety's value of 49.63 is 894.6% above this benchmark. While the company's 10-year median is 11.69 vs. the industry median of 4.99, MSAfety has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Business Services company?
The median 3-Year ROIIC % among Business Services companies is 4.99, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MSAfety's current 3-Year ROIIC % of 49.63 is 894.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on MSAfety and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSAfety's current 3-Year ROIIC % is 49.63, which is 325% above median its own 10-year median of 11.69. 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 Fairly Valued. The stock's GF Value™ is $187.19, compared to a current price of $171.48 — trading 8.4% below its estimated fair value. The current 3-Year ROIIC % is 49.63, which is 325% above median its 10-year median of 11.69 and 894.6% above the Business Services industry median of 4.99. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For MSAfety (MSA), the current 3-Year ROIIC % is 49.63 as of Dec. 2025. 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 $171.48 is trading 8.4% below its estimated GF Value™ of $187.19.
GuruFocus considers MSAfety to be Fairly Valued.
Key valuation signals for MSA:
3-Year ROIIC %: 49.63 (325% above median its 10-year median of 11.69)
GF Value™: $187.19 vs. price of $171.48 (8.4% below fair value)
Industry Position: 894.6% above the Business Services median (#151 of 1007)
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.
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.
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