Security & Protection Services
Compare Stocks
4 / 10Stock Comparison
MSA vs GNSS vs AXON vs HON
Revenue, margins, valuation, and 5-year total return — side by side.
Hardware, Equipment & Parts
Aerospace & Defense
Conglomerates
MSA vs GNSS vs AXON vs HON — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Security & Protection Services | Hardware, Equipment & Parts | Aerospace & Defense | Conglomerates |
| Market Cap | $6.67B | $90M | $34.40B | $136.91B |
| Revenue (TTM) | $1.92B | $51M | $2.98B | $36.76B |
| Net Income (TTM) | $291M | $-15M | $206M | $4.10B |
| Gross Margin | 46.8% | 43.2% | 59.3% | 36.9% |
| Operating Margin | 22.0% | -22.1% | 1.3% | 14.9% |
| Forward P/E | 19.8x | — | 55.0x | 20.5x |
| Total Debt | $627M | $21M | $1.91B | $34.58B |
| Cash & Equiv. | $165M | $8M | $1.20B | $12.49B |
MSA vs GNSS vs AXON vs HON — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| MSA Safety Incorpor… (MSA) | 100 | 144.5 | +44.5% |
| Genasys Inc. (GNSS) | 100 | 43.7 | -56.3% |
| Axon Enterprise, In… (AXON) | 100 | 562.0 | +462.0% |
| Honeywell Internati… (HON) | 100 | 148.1 | +48.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MSA vs GNSS vs AXON vs HON
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MSA carries the broadest edge in this set and is the clearest fit for sleep-well-at-night and valuation efficiency.
- Lower volatility, beta 0.90, Low D/E 45.9%, current ratio 3.01x
- PEG 1.13 vs HON's 11.18
- Lower P/E (19.8x vs 20.5x), PEG 1.13 vs 11.18
- 15.2% margin vs GNSS's -29.2%
GNSS is the clearest fit if your priority is growth exposure.
- Rev growth 69.8%, EPS growth 44.4%, 3Y rev CAGR -9.0%
- 69.8% revenue growth vs MSA's 3.7%
AXON is the clearest fit if your priority is long-term compounding.
- 22.0% 10Y total return vs MSA's 294.0%
HON is the #2 pick in this set and the best alternative if income & stability and defensive is your priority.
- Dividend streak 15 yrs, beta 0.74, yield 2.1%
- Beta 0.74, yield 2.1%, current ratio 1.32x
- Beta 0.74 vs AXON's 1.19
- 2.1% yield, 15-year raise streak, vs MSA's 1.2%, (2 stocks pay no dividend)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 69.8% revenue growth vs MSA's 3.7% | |
| Value | Lower P/E (19.8x vs 20.5x), PEG 1.13 vs 11.18 | |
| Quality / Margins | 15.2% margin vs GNSS's -29.2% | |
| Stability / Safety | Beta 0.74 vs AXON's 1.19 | |
| Dividends | 2.1% yield, 15-year raise streak, vs MSA's 1.2%, (2 stocks pay no dividend) | |
| Momentum (1Y) | +11.7% vs AXON's -29.1% | |
| Efficiency (ROA) | 11.4% ROA vs GNSS's -22.0%, ROIC 17.9% vs -56.7% |
MSA vs GNSS vs AXON vs HON — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
MSA vs GNSS vs AXON vs HON — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
MSA leads in 3 of 6 categories
HON leads 2 • AXON leads 1 • GNSS leads 0
Explore the data ↓Income & Cash Flow (Last 12 Months)
MSA leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
HON is the larger business by revenue, generating $36.8B annually — 722.5x GNSS's $51M. MSA is the more profitable business, keeping 15.2% of every revenue dollar as net income compared to GNSS's -29.2%. On growth, GNSS holds the edge at +145.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $1.9B | $51M | $3.0B | $36.8B |
| EBITDAEarnings before interest/tax | $496M | -$9M | $97M | $6.5B |
| Net IncomeAfter-tax profit | $291M | -$15M | $206M | $4.1B |
| Free Cash FlowCash after capex | $309M | -$3M | $20M | $4.2B |
| Gross MarginGross profit ÷ Revenue | +46.8% | +43.2% | +59.3% | +36.9% |
| Operating MarginEBIT ÷ Revenue | +22.0% | -22.1% | +1.3% | +14.9% |
| Net MarginNet income ÷ Revenue | +15.2% | -29.2% | +6.9% | +11.2% |
| FCF MarginFCF ÷ Revenue | +16.1% | -5.3% | +0.7% | +11.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +10.0% | +145.9% | +33.7% | -6.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +21.2% | +78.0% | +89.8% | -41.9% |
Valuation Metrics
MSA leads this category, winning 5 of 7 comparable metrics.
Valuation Metrics
At 24.2x trailing earnings, MSA trades at a 91% valuation discount to AXON's 282.7x P/E. Adjusting for growth (PEG ratio), MSA offers better value at 1.38x vs HON's 15.99x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $6.7B | $90M | $34.4B | $136.9B |
| Enterprise ValueMkt cap + debt − cash | $7.1B | $104M | $35.1B | $159.0B |
| Trailing P/EPrice ÷ TTM EPS | 24.25x | -5.00x | 282.71x | 29.36x |
| Forward P/EPrice ÷ next-FY EPS est. | 19.76x | — | 54.97x | 20.52x |
| PEG RatioP/E ÷ EPS growth rate | 1.38x | — | — | 15.99x |
| EV / EBITDAEnterprise value multiple | 15.05x | — | 1664.88x | 19.99x |
| Price / SalesMarket cap ÷ Revenue | 3.56x | 2.22x | 12.37x | 3.66x |
| Price / BookPrice ÷ Book value/share | 4.95x | 41.58x | 13.16x | 9.00x |
| Price / FCFMarket cap ÷ FCF | 22.56x | — | 458.11x | 25.39x |
Profitability & Efficiency
MSA leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
HON delivers a 23.1% return on equity — every $100 of shareholder capital generates $23 in annual profit, vs $-8 for GNSS. MSA carries lower financial leverage with a 0.46x debt-to-equity ratio, signaling a more conservative balance sheet compared to GNSS's 9.85x. On the Piotroski fundamental quality scale (0–9), MSA scores 6/9 vs GNSS's 3/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +22.0% | -8.2% | +6.6% | +23.1% |
| ROA (TTM)Return on assets | +11.4% | -22.0% | +3.1% | +5.3% |
| ROICReturn on invested capital | +17.9% | -56.7% | -1.3% | +12.6% |
| ROCEReturn on capital employed | +19.2% | -68.2% | -1.5% | +12.6% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 3 | 6 | 6 |
| Debt / EquityFinancial leverage | 0.46x | 9.85x | 0.59x | 2.24x |
| Net DebtTotal debt minus cash | $462M | $13M | $709M | $22.1B |
| Cash & Equiv.Liquid assets | $165M | $8M | $1.2B | $12.5B |
| Total DebtShort + long-term debt | $627M | $21M | $1.9B | $34.6B |
| Interest CoverageEBIT ÷ Interest expense | 12.70x | -31.66x | 1.18x | 3.92x |
Total Returns (Dividends Reinvested)
AXON leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AXON five years ago would be worth $31,683 today (with dividends reinvested), compared to $3,328 for GNSS. Over the past 12 months, MSA leads with a +11.7% total return vs AXON's -29.1%. The 3-year compound annual growth rate (CAGR) favors AXON at 24.4% vs GNSS's -11.8% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +6.3% | -8.3% | -24.2% | +10.9% |
| 1-Year ReturnPast 12 months | +11.7% | +2.6% | -29.1% | +2.8% |
| 3-Year ReturnCumulative with dividends | +31.5% | -31.3% | +92.4% | +16.2% |
| 5-Year ReturnCumulative with dividends | +9.7% | -66.7% | +216.8% | +3.3% |
| 10-Year ReturnCumulative with dividends | +294.0% | +14.9% | +2200.0% | +135.1% |
| CAGR (3Y)Annualised 3-year return | +9.6% | -11.8% | +24.4% | +5.1% |
Risk & Volatility
HON leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
HON is the less volatile stock with a 0.74 beta — it tends to amplify market swings less than AXON's 1.19 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. HON currently trades 87.1% from its 52-week high vs AXON's 48.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.90x | 0.87x | 1.19x | 0.74x |
| 52-Week HighHighest price in past year | $208.92 | $2.70 | $885.92 | $248.18 |
| 52-Week LowLowest price in past year | $151.10 | $1.40 | $339.01 | $186.76 |
| % of 52W HighCurrent price vs 52-week peak | +82.3% | +74.1% | +48.2% | +87.1% |
| RSI (14)Momentum oscillator 0–100 | 55.8 | 59.9 | 40.5 | 45.1 |
| Avg Volume (50D)Average daily shares traded | 209K | 95K | 1.0M | 3.7M |
Analyst Outlook
HON leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: MSA as "Buy", AXON as "Buy", HON as "Buy". Consensus price targets imply 70.2% upside for AXON (target: $727) vs 12.8% for HON (target: $244). For income investors, HON offers the higher dividend yield at 2.14% vs MSA's 1.22%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | — | Buy | Buy |
| Price TargetConsensus 12-month target | $235.00 | — | $726.71 | $243.83 |
| # AnalystsCovering analysts | 11 | — | 21 | 28 |
| Dividend YieldAnnual dividend ÷ price | +1.2% | — | — | +2.1% |
| Dividend StreakConsecutive years of raises | 12 | 1 | — | 15 |
| Dividend / ShareAnnual DPS | $2.09 | — | — | $4.63 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.3% | 0.0% | 0.0% | +2.8% |
MSA leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). HON leads in 2 (Risk & Volatility, Analyst Outlook).
MSA vs GNSS vs AXON vs HON: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is MSA or GNSS or AXON or HON a better buy right now?
For growth investors, Genasys Inc.
(GNSS) is the stronger pick with 69. 8% revenue growth year-over-year, versus 3. 7% for MSA Safety Incorporated (MSA). MSA Safety Incorporated (MSA) offers the better valuation at 24. 2x trailing P/E (19. 8x forward), making it the more compelling value choice. Analysts rate MSA Safety Incorporated (MSA) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MSA or GNSS or AXON or HON?
On trailing P/E, MSA Safety Incorporated (MSA) is the cheapest at 24.
2x versus Axon Enterprise, Inc. at 282. 7x. On forward P/E, MSA Safety Incorporated is actually cheaper at 19. 8x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: MSA Safety Incorporated wins at 1. 13x versus Honeywell International Inc. 's 11. 18x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — MSA or GNSS or AXON or HON?
Over the past 5 years, Axon Enterprise, Inc.
(AXON) delivered a total return of +216. 8%, compared to -66. 7% for Genasys Inc. (GNSS). Over 10 years, the gap is even starker: AXON returned +22. 0% versus GNSS's +14. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MSA or GNSS or AXON or HON?
By beta (market sensitivity over 5 years), Honeywell International Inc.
(HON) is the lower-risk stock at 0. 74β versus Axon Enterprise, Inc. 's 1. 19β — meaning AXON is approximately 61% more volatile than HON relative to the S&P 500. On balance sheet safety, MSA Safety Incorporated (MSA) carries a lower debt/equity ratio of 46% versus 10% for Genasys Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MSA or GNSS or AXON or HON?
By revenue growth (latest reported year), Genasys Inc.
(GNSS) is pulling ahead at 69. 8% versus 3. 7% for MSA Safety Incorporated (MSA). On earnings-per-share growth, the picture is similar: Genasys Inc. grew EPS 44. 4% year-over-year, compared to -68. 5% for Axon Enterprise, Inc.. Over a 3-year CAGR, AXON leads at 32. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MSA or GNSS or AXON or HON?
MSA Safety Incorporated (MSA) is the more profitable company, earning 14.
9% net margin versus -44. 4% for Genasys Inc. — meaning it keeps 14. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MSA leads at 21. 4% versus -41. 2% for GNSS. At the gross margin level — before operating expenses — AXON leads at 59. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MSA or GNSS or AXON or HON more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, MSA Safety Incorporated (MSA) is the more undervalued stock at a PEG of 1. 13x versus Honeywell International Inc. 's 11. 18x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, MSA Safety Incorporated (MSA) trades at 19. 8x forward P/E versus 55. 0x for Axon Enterprise, Inc. — 35. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AXON: 70. 2% to $726. 71.
08Which pays a better dividend — MSA or GNSS or AXON or HON?
In this comparison, HON (2.
1% yield), MSA (1. 2% yield) pay a dividend. GNSS, AXON do not pay a meaningful dividend and should not be held primarily for income.
09Is MSA or GNSS or AXON or HON better for a retirement portfolio?
For long-horizon retirement investors, Honeywell International Inc.
(HON) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 74), 2. 1% yield, +135. 1% 10Y return). Both have compounded well over 10 years (HON: +135. 1%, AXON: +22. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MSA and GNSS and AXON and HON?
These companies operate in different sectors (MSA (Industrials) and GNSS (Technology) and AXON (Industrials) and HON (Industrials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: MSA is a small-cap quality compounder stock; GNSS is a small-cap high-growth stock; AXON is a mid-cap high-growth stock; HON is a mid-cap quality compounder stock. MSA, HON pay a dividend while GNSS, AXON do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.