CoreCivic, Inc. (CXW) vs MSA Safety Incorporporated (MSA)

CoreCivic, Inc. and MSA Safety Incorporporated are both Security & Protection Services companies. MSA Safety Incorporporated is the larger, with a market value of $7.0B against $3.4B — 2.1× the size. MSA Safety Incorporporated trades at the lower P/E: 22.6× against 25.3×. CoreCivic, Inc. grew revenue faster over the last twelve months: 24.4% against 6.48%. MSA Safety Incorporporated has the higher net margin (16.1% vs 5.15%) and the higher return on invested capital (14.4% vs 5.76%). Across the 22 metrics below, MSA Safety Incorporporated leads on 16 and CoreCivic, Inc. on 6.

Valuation

Metric CXW MSA Security & Protection Services median
P/E 25.30 22.64 21.88
P/S 1.28 3.62 1.21
P/B 2.21 5.04 2.21
Price to free cash flow 44.17 19.89 20.62
EV/EBITDA 11.39 15.24 12.37
EV/Sales 1.77 3.82 1.86
Earnings yield 3.95% 4.42% 3.67%
Free cash flow yield 2.26% 5.03% 1.13%

Profitability

Metric CXW MSA Security & Protection Services median
Gross margin 22.58% 47.57% 41.45%
Operating margin 9.88% 21.23% 8.06%
Net margin 5.15% 16.13% 3.72%
Free cash flow margin 2.90% 18.21% 1.45%
Return on equity 8.77% 23.72% 9.87%
Return on assets 3.92% 12.19% 2.54%
Return on invested capital 5.76% 14.40% 3.11%

Growth

Metric CXW MSA Security & Protection Services median
Revenue growth (TTM) 24.35% 6.48% 5.96%
EPS growth (last fiscal year) 74.19% (1.66%) —
Revenue growth, 5-year CAGR 3.02% 6.82% 7.35%
Net income growth, 5-year CAGR 16.56% 17.60% 0.00%

Health

Metric CXW MSA Security & Protection Services median
Debt to equity 0.94 0.42 0.20
Current ratio 1.32 3.24 1.93
Net debt to EBITDA 3.16 0.92 1.55

Dividend

Metric CXW MSA Security & Protection Services median
Dividend yield — 1.07% 1.53%
Payout ratio 0.00 5.61 0.00

Size

Metric CXW MSA Security & Protection Services median
Market cap 3.40b 7.03b 395.79m

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