WallStSmart

Iveda Solutions Inc (IVDA)vsMSA Safety (MSA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

MSA Safety generates 36207% more annual revenue ($1.92B vs $5.28M). MSA leads profitability with a 15.2% profit margin vs -60.6%. MSA earns a higher WallStSmart Score of 74/100 (B).

IVDA

Avoid

32

out of 100

Grade: F

Growth: 4.0Profit: 2.0Value: 5.0Quality: 7.0
Piotroski: 5/9Altman Z: -10.41

MSA

Strong Buy

74

out of 100

Grade: B

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

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

IVDA2 strengths · Avg: 10.0/10
Price/BookValuation
0.4x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.0510/10

Conservative balance sheet, low leverage

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

IVDA4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$3.48M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-50.1%2/10

ROE of -50.1% — below average capital efficiency

Revenue GrowthGrowth
-64.1%2/10

Revenue declined 64.1%

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

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : IVDA

The strongest argument for IVDA centers on Price/Book, Debt/Equity.

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 : IVDA

The primary concerns for IVDA are EPS Growth, Market Cap, Return on Equity.

Bear Case : MSA

The primary concerns for MSA are Piotroski F-Score.

Key Dynamics to Monitor

IVDA profiles as a turnaround stock while MSA is a mature play — different risk/reward profiles.

MSA carries more volatility with a beta of 0.95 — expect wider price swings.

MSA is growing revenue faster at 10.0% — sustainability is the question.

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

Bottom Line

MSA scores higher overall (74/100 vs 32/100), backed by strong 15.2% margins. 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.

Iveda Solutions Inc

INDUSTRIALS · SECURITY & PROTECTION SERVICES · USA

Iveda Solutions, Inc. provides artificial intelligence and digital transformation technologies in the United States and Taiwan. The company is headquartered in Mesa, Arizona.

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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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