WallStSmart

Evolv Technologies Holdings Inc (EVLV)vsMSA Safety (MSA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

MSA Safety generates 1097% more annual revenue ($1.92B vs $160.23M). MSA leads profitability with a 15.2% profit margin vs -22.8%. MSA earns a higher WallStSmart Score of 74/100 (B).

EVLV

Avoid

31

out of 100

Grade: F

Growth: 8.0Profit: 2.0Value: 6.7Quality: 4.5
Piotroski: 3/9Altman Z: -1.29

MSA

Strong Buy

74

out of 100

Grade: B

Growth: 6.7Profit: 8.0Value: 6.3Quality: 8.0
Piotroski: 3/9Altman Z: 3.06
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EVLVUndervalued (+83.0%)

Margin of Safety

+83.0%

Fair Value

$33.63

Current Price

$5.91

$27.72 discount

UndervaluedFair: $33.63Overvalued

Intrinsic value data unavailable for MSA.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EVLV1 strengths · Avg: 10.0/10
Revenue GrowthGrowth
44.7%10/10

Revenue surging 44.7% year-over-year

MSA5 strengths · Avg: 8.6/10
Altman Z-ScoreHealth
3.0610/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
21.4%9/10

Every $100 of equity generates 21 in profit

PEG RatioValuation
0.998/10

Growing faster than its price suggests

Operating MarginProfitability
22.4%8/10

Strong operational efficiency at 22.4%

EPS GrowthGrowth
21.2%8/10

Earnings expanding 21.2% YoY

Areas to Watch

EVLV4 concerns · Avg: 3.5/10
Price/BookValuation
8.8x4/10

Trading at 8.8x book value

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$1.16B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

MSA1 concerns · Avg: 3.0/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : EVLV

The strongest argument for EVLV centers on Revenue Growth. Revenue growth of 44.7% demonstrates continued momentum.

Bull Case : MSA

The strongest argument for MSA centers on Altman Z-Score, Return on Equity, PEG Ratio. Profitability is solid with margins at 15.2% and operating margin at 22.4%. PEG of 0.99 suggests the stock is reasonably priced for its growth.

Bear Case : EVLV

The primary concerns for EVLV are Price/Book, EPS Growth, Market Cap.

Bear Case : MSA

The primary concerns for MSA are Piotroski F-Score.

Key Dynamics to Monitor

EVLV profiles as a hypergrowth stock while MSA is a mature play — different risk/reward profiles.

EVLV carries more volatility with a beta of 1.82 — expect wider price swings.

EVLV is growing revenue faster at 44.7% — sustainability is the question.

MSA generates stronger free cash flow (65M), providing more financial flexibility.

Bottom Line

MSA scores higher overall (74/100 vs 31/100), backed by strong 15.2% margins. EVLV offers better value entry with a 83.0% margin of safety. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Evolv Technologies Holdings Inc

INDUSTRIALS · SECURITY & PROTECTION SERVICES · USA

Evolv Technologies Holdings, Inc. provides AI-based contactless security screening systems. The company is headquartered in Waltham, Massachusetts.

MSA Safety

INDUSTRIALS · SECURITY & PROTECTION SERVICES · USA

MSA Safety Incorporated develops, manufactures, and supplies safety products that protect people and facility infrastructure in the oil, gas, petrochemical, fire, construction, industrial manufacturing, utility, military, and mining industries in America. North, Latin America and internationally. . The company is headquartered in Cranberry Township, Pennsylvania.

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