<h3>关键洞察</h3>
<ul>
<li>MSA Safety 的预计公允价值为 209 美元，基于两阶段自由现金流折现模型</li>
<li>MSA Safety 当前的 164 美元股价表明其可能被低估 21%</li>
<li>MSA 的 190 美元分析师目标价比我们的公允价值估计低 9.2%</li>
</ul>
<p>今天我们将通过一种估算 MSA Safety Incorporated (NYSE:MSA) 内在价值的方法，预测其未来现金流并将其折现到今天的价值。我们的分析将采用折现现金流（DCF）模型。不要被术语吓到，背后的数学其实相当简单。</p>
<p>我们要提醒的是，估值公司有很多方法，像 DCF 一样，每种技术在某些情况下都有其优缺点。如果你想了解更多关于折现现金流的信息，可以在 Simply Wall St 的分析模型中详细阅读其计算原理。</p>
<p>我们发现有 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
<h2>模型</h2>
<p>我们使用的是一种称为两阶段模型的方法，这意味着我们有两个不同的现金流增长率阶段。通常第一阶段是较高的增长，第二阶段是较低的增长阶段。首先，我们需要获取未来十年的现金流估算。在可能的情况下，我们使用分析师的估算，但当这些不可用时，我们会从上一个估算或报告值中推算出之前的自由现金流（FCF）。我们假设自由现金流减少的公司将减缓其缩减速度，而自由现金流增长的公司在此期间将看到其增长速度放缓。我们这样做是为了反映出增长在早期阶段往往比后期阶段更容易放缓。</p>
<p>通常我们假设今天的一美元比未来的一美元更有价值，因此这些未来现金流的总和会折现到今天的价值：</p>
<h4>10 年自由现金流（FCF）估算</h4>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>杠杆自由现金流（美元，百万）</strong></td>
<td>353.0 美元</td>
<td>350.3 美元</td>
<td>352.8 美元</td>
<td>356.2 美元</td>
<td>362.1 美元</td>
<td>369.9 美元</td>
<td>379.0 美元</td>
<td>389.3 美元</td>
<td>400.5 美元</td>
<td>412.5 美元</td>
</tr>
<tr>
<td><strong>增长率估算来源</strong></td>
<td>分析师 x3</td>
<td>分析师 x2</td>
<td>分析师 x1</td>
<td>估算 @ 0.97%</td>
<td>估算 @ 1.65%</td>
<td>估算 @ 2.14%</td>
<td>估算 @ 2.47%</td>
<td>估算 @ 2.71%</td>
<td>估算 @ 2.87%</td>
<td>估算 @ 2.99%</td>
</tr>
<tr>
<td><strong>现值（美元，百万）折现 @ 7.1%</strong></td>
<td>330 美元</td>
<td>305 美元</td>
<td>287 美元</td>
<td>271 美元</td>
<td>257 美元</td>
<td>245 美元</td>
<td>235 美元</td>
<td>225 美元</td>
<td>216 美元</td>
<td>208 美元</td>
</tr>
</tbody>
</table>
<p><em>(&#34;Est&#34; = FCF 增长率由 Simply Wall St 估算)</em></p>
<p><strong>10 年现金流现值（PVCF）</strong> = 26 亿美元</p>
<p>第二阶段也称为终值，这是业务在第一阶段后的现金流。使用戈登增长公式计算终值，未来年增长率等于 10 年期政府债券收益率的 5 年平均值 3.3%。我们以 7.1% 的股本成本将终端现金流折现到今天的价值。</p>
<p><strong>终值（TV）</strong> = FCF2035 × (1 + g) ÷ (r – g) = 412 百万美元 × (1 + 3.3%) ÷ (7.1%– 3.3%) = 110 亿美元</p>
<p><strong>终值现值（PVTV）</strong> = TV / (1 + r) 10= 110 亿美元÷ ( 1 + 7.1%) 10= 56 亿美元</p>
<p>总价值是未来十年的现金流总和加上折现的终值，这导致总股本价值，在这种情况下为 82 亿美元。要获得每股内在价值，我们将其除以总流通股数。相对于当前 164 美元的股价，该公司似乎在当前股价交易的基础上被低估了 21%。不过，估值是一种不精确的工具，就像望远镜一样——移动几个度就会进入不同的星系。请记住这一点。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/288318-dcf-1-dark-2/1766923740842?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1706" height="760" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/288318-dcf-1-dark-2/1766923740842"/></p>
<p>NYSE:MSA 折现现金流 2025 年 12 月 28 日</p>
<h2>重要假设</h2>
<p>我们要指出，折现现金流中最重要的输入是折现率和实际现金流。你不必同意这些输入，我建议你自己重新计算并进行调整。DCF 也不考虑行业的周期性或公司的未来资本需求，因此无法全面反映公司的潜在表现。考虑到我们将 MSA Safety 视为潜在股东，使用股本成本作为折现率，而不是资本成本（或加权平均资本成本，WACC），后者考虑了债务。在这个计算中，我们使用了 7.1%，这是基于 0.830 的杠杆贝塔。贝塔是衡量股票相对于整体市场波动性的指标。我们从全球可比公司的行业平均贝塔中获得我们的贝塔，并在 0.8 到 2.0 之间施加限制，这是一个适合稳定业务的合理范围。</p>
<p>查看我们对 MSA Safety 的最新分析</p>
<h3>MSA Safety 的 SWOT 分析</h3>
<p><strong>优势</strong></p>
<ul>
<li>债务不被视为风险。</li>
</ul>
<ul>
<li>股息由收益和现金流覆盖。</li>
</ul>
<p>MSA 的股息信息。</p>
<p><strong>劣势</strong></p>
<ul>
<li>去年收益增长低于商业服务行业。</li>
</ul>
<ul>
<li>与商业服务市场前 25% 的股息支付者相比，股息较低。</li>
</ul>
<p><strong>机会</strong></p>
<ul>
<li>预计未来 3 年年收益将增长。</li>
</ul>
<ul>
<li>基于市盈率和估计公允价值，具有良好的价值。</li>
</ul>
<p><strong>威胁</strong></p>
<ul>
<li>预计年收益增长速度低于美国市场。</li>
</ul>
<p>分析师对 MSA 还有什么其他预测？</p>
<h2>继续前进：</h2>
<p>虽然公司的估值很重要，但它只是评估公司时需要考虑的众多因素之一。DCF 模型并不是一个完美的股票估值工具。相反，它应该被视为一个指南，帮助我们思考 “哪些假设需要成立，股票才会被低估/高估？” 如果一家公司以不同的速度增长，或者其股本成本或无风险利率发生剧烈变化，输出结果可能会大相径庭。为什么股价会低于内在价值？对于 MSA Safety，有三个额外的因素需要关注：</p>
<ol>
<li><strong>财务健康</strong>：MSA 的资产负债表是否健康？查看我们免费的资产负债表分析，进行六项简单检查，关注杠杆和风险等关键因素。</li>
<li><strong>未来收益</strong>：MSA 的增长率与同行和更广泛市场相比如何？通过与我们的免费分析师增长预期图表互动，深入了解未来几年的分析师共识数据。</li>
<li><strong>其他稳健的业务</strong>：低负债、高股本回报和良好的过往表现是强大业务的基础。何不探索我们互动式的稳健业务基本面股票列表，看看是否还有其他你可能未考虑的公司！</li>
</ol>
<p>附注：Simply Wall St 应用程序每天对纽约证券交易所的每只股票进行折现现金流估值。如果你想找到其他股票的计算结果，请在这里搜索。</p>
<p>国防和灾难的移动基础设施</p>
<p>下一波机器人技术不是人形机器人，而是能够在 30 分钟内提供 5G、ISR 和雷达的全自动塔，随时随地。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>代表 CiTech 赞助</p>

梅思安安全

<p>MSA Safety Incorporated（纽约证券交易所代码：MSA）预计以 209 美元的预期公允价值进行交易，折价 21%。当前股价为 164 美元，显示出潜在的低估。分析师设定的目标价为 190 美元，低于预估公允价值的 9.2%。DCF 模型涉及预测未来现金流并将其折现为现值，重要假设包括 7.1% 的折现率和 0.830 的杠杆贝塔</p>

<h3>Key Insights</h3>
<div class="lb-trans"><h3>关键洞察</h3>
</div><ul>
<li>The projected fair value for MSA Safety is US$209 based on 2 Stage Free Cash Flow to Equity</li>
<li>MSA Safety's US$164 share price signals that it might be 21% undervalued</li>
<li>The US$190 analyst price target for MSA is 9.2% less than our estimate of fair value</li>
</ul>
<div class="lb-trans"><ul>
<li>MSA Safety 的预计公允价值为 209 美元，基于两阶段自由现金流折现模型</li>
<li>MSA Safety 当前的 164 美元股价表明其可能被低估 21%</li>
<li>MSA 的 190 美元分析师目标价比我们的公允价值估计低 9.2%</li>
</ul>
</div><p>Today we will run through one way of estimating the intrinsic value of MSA Safety Incorporated (NYSE:MSA) by projecting its future cash flows and then discounting them to today's value. Our analysis will employ the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward.</p>
<div class="lb-trans"><p>今天我们将通过一种估算 MSA Safety Incorporated (NYSE:MSA) 内在价值的方法，预测其未来现金流并将其折现到今天的价值。我们的分析将采用折现现金流（DCF）模型。不要被术语吓到，背后的数学其实相当简单。</p>
</div><p>We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.</p>
<div class="lb-trans"><p>我们要提醒的是，估值公司有很多方法，像 DCF 一样，每种技术在某些情况下都有其优缺点。如果你想了解更多关于折现现金流的信息，可以在 Simply Wall St 的分析模型中详细阅读其计算原理。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现有 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
</div><h2>The Model</h2>
<div class="lb-trans"><h2>模型</h2>
</div><p>We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.</p>
<div class="lb-trans"><p>我们使用的是一种称为两阶段模型的方法，这意味着我们有两个不同的现金流增长率阶段。通常第一阶段是较高的增长，第二阶段是较低的增长阶段。首先，我们需要获取未来十年的现金流估算。在可能的情况下，我们使用分析师的估算，但当这些不可用时，我们会从上一个估算或报告值中推算出之前的自由现金流（FCF）。我们假设自由现金流减少的公司将减缓其缩减速度，而自由现金流增长的公司在此期间将看到其增长速度放缓。我们这样做是为了反映出增长在早期阶段往往比后期阶段更容易放缓。</p>
</div><p>Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value:</p>
<div class="lb-trans"><p>通常我们假设今天的一美元比未来的一美元更有价值，因此这些未来现金流的总和会折现到今天的价值：</p>
</div><h4>10-year free cash flow (FCF) estimate</h4>
<div class="lb-trans"><h4>10 年自由现金流（FCF）估算</h4>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>Levered FCF ($, Millions)</strong></td>
<td>US$353.0m</td>
<td>US$350.3m</td>
<td>US$352.8m</td>
<td>US$356.2m</td>
<td>US$362.1m</td>
<td>US$369.9m</td>
<td>US$379.0m</td>
<td>US$389.3m</td>
<td>US$400.5m</td>
<td>US$412.5m</td>
</tr>
<tr>
<td><strong>Growth Rate Estimate Source</strong></td>
<td>Analyst x3</td>
<td>Analyst x2</td>
<td>Analyst x1</td>
<td>Est @ 0.97%</td>
<td>Est @ 1.65%</td>
<td>Est @ 2.14%</td>
<td>Est @ 2.47%</td>
<td>Est @ 2.71%</td>
<td>Est @ 2.87%</td>
<td>Est @ 2.99%</td>
</tr>
<tr>
<td><strong>Present Value ($, Millions) Discounted @ 7.1%</strong></td>
<td>US$330</td>
<td>US$305</td>
<td>US$287</td>
<td>US$271</td>
<td>US$257</td>
<td>US$245</td>
<td>US$235</td>
<td>US$225</td>
<td>US$216</td>
<td>US$208</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>杠杆自由现金流（美元，百万）</strong></td>
<td>353.0 美元</td>
<td>350.3 美元</td>
<td>352.8 美元</td>
<td>356.2 美元</td>
<td>362.1 美元</td>
<td>369.9 美元</td>
<td>379.0 美元</td>
<td>389.3 美元</td>
<td>400.5 美元</td>
<td>412.5 美元</td>
</tr>
<tr>
<td><strong>增长率估算来源</strong></td>
<td>分析师 x3</td>
<td>分析师 x2</td>
<td>分析师 x1</td>
<td>估算 @ 0.97%</td>
<td>估算 @ 1.65%</td>
<td>估算 @ 2.14%</td>
<td>估算 @ 2.47%</td>
<td>估算 @ 2.71%</td>
<td>估算 @ 2.87%</td>
<td>估算 @ 2.99%</td>
</tr>
<tr>
<td><strong>现值（美元，百万）折现 @ 7.1%</strong></td>
<td>330 美元</td>
<td>305 美元</td>
<td>287 美元</td>
<td>271 美元</td>
<td>257 美元</td>
<td>245 美元</td>
<td>235 美元</td>
<td>225 美元</td>
<td>216 美元</td>
<td>208 美元</td>
</tr>
</tbody>
</table>
</div><p><em>(&#34;Est&#34; = FCF growth rate estimated by Simply Wall St)</em></p>
<div class="lb-trans"><p><em>(&#34;Est&#34; = FCF 增长率由 Simply Wall St 估算)</em></p>
</div><p><strong>Present Value of 10-year Cash Flow (PVCF)</strong> = US$2.6b</p>
<div class="lb-trans"><p><strong>10 年现金流现值（PVCF）</strong> = 26 亿美元</p>
</div><p>The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 3.3%. We discount the terminal cash flows to today's value at a cost of equity of 7.1%.</p>
<div class="lb-trans"><p>第二阶段也称为终值，这是业务在第一阶段后的现金流。使用戈登增长公式计算终值，未来年增长率等于 10 年期政府债券收益率的 5 年平均值 3.3%。我们以 7.1% 的股本成本将终端现金流折现到今天的价值。</p>
</div><p><strong>Terminal Value (TV)</strong> = FCF2035 × (1 + g) ÷ (r – g) = US$412m× (1 + 3.3%) ÷ (7.1%– 3.3%) = US$11b</p>
<div class="lb-trans"><p><strong>终值（TV）</strong> = FCF2035 × (1 + g) ÷ (r – g) = 412 百万美元 × (1 + 3.3%) ÷ (7.1%– 3.3%) = 110 亿美元</p>
</div><p><strong>Present Value of Terminal Value (PVTV)</strong> = TV / (1 + r) 10= US$11b÷ ( 1 + 7.1%) 10= US$5.6b</p>
<div class="lb-trans"><p><strong>终值现值（PVTV）</strong> = TV / (1 + r) 10= 110 亿美元÷ ( 1 + 7.1%) 10= 56 亿美元</p>
</div><p>The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$8.2b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Relative to the current share price of US$164, the company appears a touch undervalued at a 21% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind.</p>
<div class="lb-trans"><p>总价值是未来十年的现金流总和加上折现的终值，这导致总股本价值，在这种情况下为 82 亿美元。要获得每股内在价值，我们将其除以总流通股数。相对于当前 164 美元的股价，该公司似乎在当前股价交易的基础上被低估了 21%。不过，估值是一种不精确的工具，就像望远镜一样——移动几个度就会进入不同的星系。请记住这一点。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/288318-dcf-1-dark-2/1766923740842" alt="" original-src="https://images.simplywall.st/asset/chart/288318-dcf-1-dark-2/1766923740842"/></p>
<p>NYSE:MSA Discounted Cash Flow December 28th 2025</p>
<div class="lb-trans"><p>NYSE:MSA 折现现金流 2025 年 12 月 28 日</p>
</div><h2>Important Assumptions</h2>
<div class="lb-trans"><h2>重要假设</h2>
</div><p>We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at MSA Safety as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.1%, which is based on a levered beta of 0.830. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.</p>
<div class="lb-trans"><p>我们要指出，折现现金流中最重要的输入是折现率和实际现金流。你不必同意这些输入，我建议你自己重新计算并进行调整。DCF 也不考虑行业的周期性或公司的未来资本需求，因此无法全面反映公司的潜在表现。考虑到我们将 MSA Safety 视为潜在股东，使用股本成本作为折现率，而不是资本成本（或加权平均资本成本，WACC），后者考虑了债务。在这个计算中，我们使用了 7.1%，这是基于 0.830 的杠杆贝塔。贝塔是衡量股票相对于整体市场波动性的指标。我们从全球可比公司的行业平均贝塔中获得我们的贝塔，并在 0.8 到 2.0 之间施加限制，这是一个适合稳定业务的合理范围。</p>
</div><p>See our latest analysis for MSA Safety</p>
<div class="lb-trans"><p>查看我们对 MSA Safety 的最新分析</p>
</div><h3>SWOT Analysis for MSA Safety</h3>
<div class="lb-trans"><h3>MSA Safety 的 SWOT 分析</h3>
</div><p><strong>Strength</strong></p>
<div class="lb-trans"><p><strong>优势</strong></p>
</div><ul>
<li>Debt is not viewed as a risk.</li>
</ul>
<div class="lb-trans"><ul>
<li>债务不被视为风险。</li>
</ul>
</div><ul>
<li>Dividends are covered by earnings and cash flows.</li>
</ul>
<div class="lb-trans"><ul>
<li>股息由收益和现金流覆盖。</li>
</ul>
</div><p>Dividend information for MSA.</p>
<div class="lb-trans"><p>MSA 的股息信息。</p>
</div><p><strong>Weakness</strong></p>
<div class="lb-trans"><p><strong>劣势</strong></p>
</div><ul>
<li>Earnings growth over the past year underperformed the Commercial Services industry.</li>
</ul>
<div class="lb-trans"><ul>
<li>去年收益增长低于商业服务行业。</li>
</ul>
</div><ul>
<li>Dividend is low compared to the top 25% of dividend payers in the Commercial Services market.</li>
</ul>
<div class="lb-trans"><ul>
<li>与商业服务市场前 25% 的股息支付者相比，股息较低。</li>
</ul>
</div><p><strong>Opportunity</strong></p>
<div class="lb-trans"><p><strong>机会</strong></p>
</div><ul>
<li>Annual earnings are forecast to grow for the next 3 years.</li>
</ul>
<div class="lb-trans"><ul>
<li>预计未来 3 年年收益将增长。</li>
</ul>
</div><ul>
<li>Good value based on P/E ratio and estimated fair value.</li>
</ul>
<div class="lb-trans"><ul>
<li>基于市盈率和估计公允价值，具有良好的价值。</li>
</ul>
</div><p><strong>Threat</strong></p>
<div class="lb-trans"><p><strong>威胁</strong></p>
</div><ul>
<li>Annual earnings are forecast to grow slower than the American market.</li>
</ul>
<div class="lb-trans"><ul>
<li>预计年收益增长速度低于美国市场。</li>
</ul>
</div><p>What else are analysts forecasting for MSA?</p>
<div class="lb-trans"><p>分析师对 MSA 还有什么其他预测？</p>
</div><h2>Moving On:</h2>
<div class="lb-trans"><h2>继续前进：</h2>
</div><p>Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. The DCF model is not a perfect stock valuation tool. Rather it should be seen as a guide to &#34;what assumptions need to be true for this stock to be under/overvalued?&#34; If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. What is the reason for the share price sitting below the intrinsic value? For MSA Safety, there are three additional elements you should look at:</p>
<div class="lb-trans"><p>虽然公司的估值很重要，但它只是评估公司时需要考虑的众多因素之一。DCF 模型并不是一个完美的股票估值工具。相反，它应该被视为一个指南，帮助我们思考 “哪些假设需要成立，股票才会被低估/高估？” 如果一家公司以不同的速度增长，或者其股本成本或无风险利率发生剧烈变化，输出结果可能会大相径庭。为什么股价会低于内在价值？对于 MSA Safety，有三个额外的因素需要关注：</p>
</div><ol>
<li><strong>Financial Health</strong>: Does MSA have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.</li>
<li><strong>Future Earnings</strong>: How does MSA's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.</li>
<li><strong>Other Solid Businesses</strong>: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered!</li>
</ol>
<div class="lb-trans"><ol>
<li><strong>财务健康</strong>：MSA 的资产负债表是否健康？查看我们免费的资产负债表分析，进行六项简单检查，关注杠杆和风险等关键因素。</li>
<li><strong>未来收益</strong>：MSA 的增长率与同行和更广泛市场相比如何？通过与我们的免费分析师增长预期图表互动，深入了解未来几年的分析师共识数据。</li>
<li><strong>其他稳健的业务</strong>：低负债、高股本回报和良好的过往表现是强大业务的基础。何不探索我们互动式的稳健业务基本面股票列表，看看是否还有其他你可能未考虑的公司！</li>
</ol>
</div><p>PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the NYSE every day. If you want to find the calculation for other stocks just search here.</p>
<div class="lb-trans"><p>附注：Simply Wall St 应用程序每天对纽约证券交易所的每只股票进行折现现金流估值。如果你想找到其他股票的计算结果，请在这里搜索。</p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>国防和灾难的移动基础设施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波机器人技术不是人形机器人，而是能够在 30 分钟内提供 5G、ISR 和雷达的全自动塔，随时随地。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>代表 CiTech 赞助</p>
</div>

梅思安安全公司（NYSE:MSA）的交易价格是否比其价值低 21%？