MSA Safety Incorporated
Thesis
EJ Karobath recommends buying MSA Safety with a target price of $356 by 2030, based on a projected EPS of $16.19 and a 22x forward P/E multiple, indicating an 18% IRR. The company has a strong market position and growth potential across its segments.
Did it work?
inconclusive
confidence: low
The pitch targets $356 by 2030 (an ~18% IRR over a multi-year horizon), and only 28 months have elapsed with a +12.0% return. That is positive and directionally consistent with the long thesis, but well short of the stated target, and less than half of the stated horizon has passed, so this interim gain is normal noise rather than a result. No specific catalyst in the thesis has been decisively confirmed or invalidated yet.