ADT Inc vs MSA Safety Inc

ADT Inc (ADT) is undervalued and MSA Safety Inc (MSA) is overvalued.

Against our estimates of intrinsic value, ADT trades at the wider discount: a margin of safety of +52%, against -23% for MSA.

Values as of the 22 Sept 2026 close.

ADT Inc (ADT)

Discounting its cash flows at 7.2% (average of 3 methods) values the shares at $13.73; the price of $6.54 is 52% below that value, and 82% of that value comes from beyond year five.

Leak Score 54/100 on 3 of 12 signals

MSA Safety Inc (MSA)

Discounting its cash flows at 9.3% (average of 3 methods) values the shares at $145.96; the price of $178.91 is 23% above that value, and 75% of that value comes from beyond year five.

Leak Score 59/100 on 3 of 12 signals

MetricADTMSA
VerdictUndervaluedOvervalued
Price$6.54$178.91
Intrinsic value$13.73$145.96
Margin of safety+52%-23%
Leak Score54/100 (3/12)59/100 (3/12)
Market cap$4.8B$6.9B
Revenue growth, 5 years-0.7%6.8%
Operating margin25.2%22.3%
Net margin11.9%16.1%
Return on equity17.2%23.7%
Debt to equity2.240.46
P/E9.1x22.3x
Forward P/E6.6x17.9x
P/B1.4x4.9x
Dividend yield3.4%1.2%

All stocks in Security & Protection Services