MS International (MSI) AI Stock Analysis

• Market Cap: £224.67M
• Dividend Yield: 1.55%
• Average Volume (3M): 20.48K
• Price to Earnings (P/E): 15.5
• Beta (1Y): 1.34
• Revenue Growth: 7.23%
• EPS Growth: 26.46%
• Country: UK
• Employees: 455
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 0.39
• Shares Outstanding: 16,405,407
• 10 Day Avg. Volume: 21,414
• 30 Day Avg. Volume: 20,479
• PEG Ratio: 0.42
• Price to Book (P/B): 2.65
• Price to Sales (P/S): 1.38
• P/FCF Ratio: -23.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: 1,509.00p ▼(-2.65% Downside)

MS International's overall stock score is driven by strong financial performance and recent corporate events, particularly the significant contracts with the US Navy. However, technical analysis indicates bearish momentum, and cash flow challenges pose potential risks. The valuation is fair, but not compelling enough to offset the technical weaknesses.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and product adoption, enhancing long-term business sustainability.

Profitability

Strong profit margins reflect operational efficiency and pricing power, supporting sustained financial health and competitive positioning.

Balance Sheet Strength

Minimal leverage reduces financial risk and enhances flexibility, allowing the company to invest in growth opportunities without significant debt burden.

Negative Factors

Cash Flow Challenges

Negative cash flows can strain liquidity and limit the ability to fund operations and growth, posing a risk if not addressed.

Liquidity Concerns

Liquidity issues may impact the company's ability to meet short-term obligations and invest in strategic initiatives, affecting long-term stability.

Cash Flow Alignment

Misalignment between cash flow and net income suggests inefficiencies in cash generation, which could hinder financial flexibility and growth.

MS International Business Overview & Revenue Model

Company Description

MS INTERNATIONAL plc, together with its subsidiaries, designs, manufactures, sells, and services specialist engineering products in the United Kingdom, Europe, the Americas, and internationally. The company operates through Defence, Forgings, Petrol Station Superstructures, and Corporate Branding divisions. The company offers defense equipment and open die forgings. It also engages in the design, manufacture, construction, maintenance, and restyling of petrol station superstructures and forecourts. In addition, the company designs, manufactures, installs, and services corporate brandings, including media facades, way-finding signages, public illumination, and creative lighting solutions, as well as appearance of petrol station superstructures. Further, it provides fork-arms for the forklift truck, construction, agricultural, and quarrying equipment industries. The company was incorporated in 1960 and is headquartered in Doncaster, the United Kingdom.

How the Company Makes Money

MSI generates revenue primarily through the sale of its diverse range of surfacing materials to contractors, retailers, and distributors. The company's key revenue streams include the direct sale of natural stone and tile products, as well as value-added services such as custom fabrication and design consultation. Significant partnerships with various suppliers and manufacturers enhance MSI's product offerings and supply chain efficiency. Additionally, MSI invests in marketing and promotional strategies to drive demand in the residential and commercial sectors, contributing to its overall earnings.

MS International Financial Statement Overview

Summary

MS International demonstrates strong revenue growth and profitability, supported by a solid balance sheet with minimal leverage. However, cash flow challenges need attention to ensure liquidity and sustainable operations. Overall, the company is well-positioned but should focus on improving cash flow management.

Income Statement

MS International shows strong revenue growth with a 9.54% increase in the latest year, supported by robust gross and net profit margins of 34.04% and 12.37%, respectively. The EBIT and EBITDA margins are also healthy at 17.09% and 19.30%. These metrics indicate solid profitability and operational efficiency, positioning the company well within its industry.

Balance Sheet

The company maintains a very low debt-to-equity ratio of 0.0068, indicating minimal leverage and financial risk. Return on equity is impressive at 23.75%, reflecting efficient use of equity capital. However, the equity ratio is not explicitly provided, but the overall balance sheet strength is evident from low debt levels and high equity returns.

Cash Flow

Cash flow performance is mixed, with negative operating and free cash flows in the latest year, indicating potential liquidity challenges. The free cash flow to net income ratio is high at 2.15, suggesting that cash flow generation is not aligned with net income, which could pose risks if not addressed.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	118.60M	117.50M	109.58M	83.96M	74.52M	61.54M
Gross Profit	41.84M	40.00M	33.87M	23.40M	20.40M	17.32M
EBITDA	22.47M	22.68M	18.02M	7.53M	8.04M	3.56M
Net Income	14.36M	14.53M	11.50M	4.12M	4.93M	1.18M
Balance Sheet
Total Assets	130.96M	134.14M	128.72M	79.31M	80.59M	74.39M
Cash, Cash Equivalents and Short-Term Investments	35.73M	23.75M	35.51M	15.25M	19.25M	23.55M
Total Debt	229.00K	414.00K	804.00K	1.21M	1.51M	545.00K
Total Liabilities	66.19M	72.95M	77.92M	38.24M	42.02M	43.36M
Stockholders Equity	64.77M	61.19M	50.80M	41.08M	38.58M	31.04M
Cash Flow
Free Cash Flow	7.70M	-7.00M	31.70M	-2.37M	-2.86M	9.00M
Operating Cash Flow	11.52M	-3.25M	36.60M	-397.00K	-99.00K	9.79M
Investing Cash Flow	-829.00K	-338.00K	-8.98M	-1.73M	-2.53M	-773.00K
Financing Cash Flow	-3.85M	-8.03M	-4.38M	-1.94M	-1.72M	-1.54M

MS International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1550.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MSI, the sentiment is Negative. The current price of 1550 is above the 20-day moving average (MA) of 1447.25, above the 50-day MA of 1492.10, and above the 200-day MA of 1289.01, indicating a neutral trend. The MACD of -12.93 indicates Positive momentum. The RSI at 38.91 is Neutral, neither overbought nor oversold. The STOCH value of 32.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:MSI.

MS International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FRAN	75 Outperform	£263.78M	33.33	3.61%	1.52%	15.22%	1.23%
RFX	73 Outperform	£134.28M	11.21	19.29%	3.00%	16.79%	26.31%
MSI	64 Neutral	£224.67M	15.48	25.95%	1.55%	7.23%	26.46%
FGP	64 Neutral	£1.01B	8.40	19.57%	3.66%	3.45%	43.01%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
FIH	56 Neutral	£31.42M	-11.74	-6.94%	0.39%	-5.19%	11.73%
RWA	53 Neutral	£89.78M	-5.73	-11.22%	12.88%	-14.31%	-361.93%

MS International Corporate Events

MS International Refocuses on Defence as Interim Profits Hold Steady and Cash Grows

MS International reported broadly flat interim results for the half year to 31 October 2025, with profit before tax of £8.47m on revenue of £55.81m, a slight dip year-on-year, though like-for-like profit excluding derivative impacts rose to £9.28m and cash balances strengthened to £35.73m. The group highlighted 2025 as a pivotal year following a strategic decision to refocus on its Defence and Security division and seek buyers for its Forgings and Petrol Station Superstructures and Branding operations, alongside an enhanced, younger board and strengthened US and European footprint. In Defence and Security, the company secured a further annual contract from the US Navy for its MSI-DS 30mm naval weapon system, expanded support and maintenance facilities in the US and Poland, and upgraded its US business development capability, positioning it for growth in both naval and land defence markets. The Forgings division faces subdued near-term demand in the UK and US amid trade-policy uncertainty, but has begun deliveries to Mitsubishi Logisnext America and is quoting for additional major lift-truck OEM programmes, indicating a potentially substantial US growth pipeline. The Petrol Station Superstructures and Branding businesses have been successfully merged and continue to trade strongly, benefiting from large-scale fuel forecourt transformation projects and the rise of multi-purpose fuel hubs with EV charging and food-to-go offerings, prompting plans to expand manufacturing capacity and capitalise on increased demand from major retailers.

The most recent analyst rating on (GB:MSI) stock is a Hold with a £1509.00 price target. To see the full list of analyst forecasts on MS International stock, see the GB:MSI Stock Forecast page.

MS International Posts Robust Interims as Defence Focus and Forecourt Integration Drive Strategic Shift

MS International reported broadly flat interim results for the half year to 31 October 2025, with revenue edging up to £55.81m from £54.72m and profit before tax dipping slightly to £8.47m, though underlying profit excluding derivative effects rose to £9.28m from £7.98m and the balance sheet remained robust with £35.73m in cash. The group highlighted 2025 as a transformational year marked by a strategic decision to focus on its Defence and Security division and pursue disposals of non-core units, the strengthening and rejuvenation of its board, and continued operational momentum across all divisions despite slower reported growth due to defence order timing. Defence and Security secured another one-year US Navy contract for its MSI-DS 30mm naval weapon system and is investing in a stronger footprint in the US and Europe, including a support and maintenance facility and expanded business development capabilities to target both naval and land defence markets. The Forgings division faces softer short-term demand in the UK and US amid trade-policy uncertainty but is benefiting from solid performance in Brazil and the start of US deliveries to Mitsubishi Logisnext America, with a strong pipeline of potential business from other major lift-truck and material-handling OEMs. The merged Petrol Station Superstructures and Branding division continues to trade strongly, benefiting from large-scale forecourt modernisation and the trend towards multi-purpose fuel hubs, and is planning capacity expansion as integrated offerings gain traction with major retailers, positioning the group to capture further growth in this niche infrastructure market while it explores trade buyers for these successful but non-core assets.

The most recent analyst rating on (GB:MSI) stock is a Hold with a £1509.00 price target. To see the full list of analyst forecasts on MS International stock, see the GB:MSI Stock Forecast page.

MS International PLC Announces Half-Year Results Release Date

MS International PLC, a company experiencing significant growth, has announced it will release its half-year results for the period ending 31 October 2025 on 14 January 2026. This decision aligns with the Board’s strategy to allocate more time for result preparation due to the company’s recent expansion, and they are eager to update shareholders on performance and future outlook.

The most recent analyst rating on (GB:MSI) stock is a Buy with a £1809.00 price target. To see the full list of analyst forecasts on MS International stock, see the GB:MSI Stock Forecast page.

MS International Executive Director Transfers Shares to Spouse

MS International PLC announced a share transfer involving its Executive Director, Mr. John Meldrum, who transferred 13,000 ordinary shares to his wife, Mrs. Joanne Meldrum, at no cost. This transaction maintains their combined beneficial interest at 18,522 shares, representing approximately 0.11% of the company’s issued share capital. This internal share transfer, conducted off-market, is part of the company’s compliance with the UK Market Abuse Regulation, ensuring transparency in executive shareholdings.

The most recent analyst rating on (GB:MSI) stock is a Buy with a £1615.00 price target. To see the full list of analyst forecasts on MS International stock, see the GB:MSI Stock Forecast page.