# MS INTERNATIONAL plc (MSI.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Aerospace & Defense. Price 1682p, market value 277 millionp.

## Valuation
- **P/E (trailing): 25.5×** (5-yr avg 1630.9×, 3-yr avg 1680.7×). MS INTERNATIONAL plc trades at 25.5× trailing earnings, well below its own five-year average of 1630.9×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 4.0×**. The shares trade at 4.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 13.0×**. Enterprise value is 13.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 8.2%** (5-yr avg 0.0%). Free cash flow equals 8.2% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.9%**. The inverse of the P/E: 3.9% of the price is earned each year.

## Profitability
- **Gross margin: 34.4%**. MS INTERNATIONAL plc keeps 34.4% of revenue after the direct cost of what it sells.
- **Operating margin: 12.9%**. 12.9% of revenue is left after running the business.
- **Net margin: 9.6%**. 9.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.1%**. 16.1% on shareholders' equity is solid.
- **Return on invested capital: 42.4%**. Return on all capital, debt included, is 42.4%: comfortably above what that capital costs.
- **Return on assets: 8.6%**. Each dollar of assets produces 8.6% of profit.

## Growth
- **Revenue growth (1 yr): -2.1%** (3-yr 11.1%/yr, 5-yr 13.3%/yr). Revenue fell 2.1% over the last year, against 13.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -24.5%** (3-yr 39.9%/yr, 5-yr 56.4%/yr). Earnings per share fell 24.5%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.01**. Debt is 0.01 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. MS INTERNATIONAL plc holds more cash than debt.
- **Interest coverage: 133.5×**. Operating profit covers interest 133.5× over, a safe margin.
- **Current ratio: 1.75** (quick 1.36). Current assets cover the next year's liabilities 1.75 times.
- **Altman Z-score: 5.14**. A Z-score of 5.14 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.60%** (0p per share, trailing). MS INTERNATIONAL plc yields 1.60%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 36%** (17% of free cash flow). 36% of earnings goes out as dividends, leaving room to keep raising it.
- **Dividend growth (5 yr): 38.8%/yr** (1-yr -16.3%). The dividend has compounded at 38.8% a year over five years, doubling roughly every 2 years at that pace.
- **Shareholder yield: 1.5%**. Dividends plus net buybacks return 1.5% of the market value a year.

## Price and momentum
- **Total return (1 yr): 31.8%** (YTD 12.3%, 3-mo 8.5%). The shares are up 31.8% over twelve months including dividends.
- **From 52-week high: -6.6%** (50.2% above the low). Trading 7% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 0.39** (volatility 44%). Beta of 0.39 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MSI.L · Page: https://foliofundamentals.com/stocks/msi.l

Not investment advice.