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← CockpitCompetitor Analysis › MSI.L MS International PLCOpen in the cockpit ↗

MS International PLCMSI.LCompetitor analysis, valuation and peers

United Kingdom · GBP·Industrials›Aerospace & Defense
Momentum weak 30
Mkt cap
$350M
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$305,596
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+42.2 pp
WACC 6.8%
Hurdle
-21 pp
Req g minus delivered
Close · GBP£1,585
1D-2.2%
1W-6.2%
1M+1.3%
3M0.0%
6M-7.8%
YTD+9.3%
1Y+3.3%
ATR %3.2%
52w lowhigh11.9% off high

What MS International does

No business profile yet.

MS International at a glance

Size MS International (MSI.L) is a United Kingdom Industrials company (Aerospace & Defense) with a market value of $350M, the 342nd largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £1,585 on 6 Nov 2026.

Performance Over six months the shares fell 7.8%, against -26.1% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 6th highest of 20 in its peer set.

Growth Revenue fell 2.1% over the last twelve months (peer median +8.9%); the operating margin is 12.9% (peer median 1.7%).

Valuation It trades at 1.9× enterprise value to sales against a peer median of 5.0× (4th cheapest of 20).

Price implies For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -21 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 42.2 points above its cost of capital (6.8% WACC).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026MSI.L 93Peer median 75
Six months, rebased to 100: MS International against the median of its 20 peers (local-currency closes).

MS International financials

Reported figures in GBP; fiscal year ends 2026-04-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue£115M£115M£118M£110M£84.0M
Revenue growth—-2%+7%+31%—
Gross profit£39.5M£39.5M£40.0M£33.9M£23.4M
EBITDA£17.7M£17.0M£19.7M£15.5M£7.99M
Net income£11.0M£11.0M£14.5M£11.5M£4.12M
Free cash flow£23.3M£23.3M-£6.98M£31.7M-£2.37M
Capital expenditure£3.39M£3.39M£3.75M£5.04M£1.97M
Total debtn/a£910,000£414,000£804,000£1.21M

Quarterly statements and history in the cockpit →

MS International competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-20%0%IDEAFORGE68824468851130096514496093486880706829002933SPCE603261TATT77216946FGASATLMSI.L6-month return →1-month return →
Up and to the right = strong over both horizons. MS International is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%+300%+400%0×200×400×IAIDEAFORGE68824468851130096593486829SPCESATLMSI.LRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. MS International is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%IA688511300965144960TATTFGAPKEMSI.LGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. MS International is the large dot.

MS International competitors and peer comparison

How MS International compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

MS International against its 20 peers (data as of 6 Nov 2026)
MeasureMSI.LPeer medianRank in peer set
1-month return+1.3%-13.3%3rd highest of 21
6-month return-7.8%-26.1%6th highest of 20
Distance from 52-week high-11.9%-46.6%highest of 21
Revenue growth (TTM)-2.1%+8.9%9th lowest of 21
Operating margin12.9%1.7%5th highest of 20
EV / Sales1.9×5.0×4th cheapest of 20
Growth the price implies (Req g, 7 yrs)-7.8%10.9%least demanding of 8
Growth delivered (Del g)+13.3%+18.8%4th lowest of 8
Hurdle (Req g minus delivered)-21.1 pp-4.3 pp3rd least demanding of 8
ROIC minus cost of capital+42.2 pp-5.1 pphighest of 20
EV / EBITDA12.1×13.2×3rd cheapest of 8
Net debt / EBITDA-2.6×1.6×2nd least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
MS International MSI.LUnited Kingdom$350M-8%-2%13%1.9×-7.8%+13.3%
Innovative Solutions and Support IAUnited States$348Mn/a+20%27%4.2×2.6%+31.3%
Ideaforge Technology IDEAFORGE.NSIndia$353M-15%+221%-8%11.8×n/an/a
Integrity Technology 688244.SSChina$344M-23%-28%-30%7.3×n/an/a
Sichuan Tianwei Electronic 688511.SSChina$342M-20%-56%-49%29.6×10.9%-8.8%
Beijing Hengyu Datacom Aviation Equipment 300965.SZChina$338M-33%-11%-8%8.6×26.4%-1.2%
New Power Plasma 144960.KSSouth Korea$326M+62%+22%8%1.2×3.6%+39.7%
ispace,inc 9348.TJapan$311M-28%-56%-681%23.0×n/an/a
Chengdu Jouav Automation Tech 688070.SSChina$399M-34%+5%2%4.8×n/an/a
Beijing Andawell Science & Technology 300719.SZChina$400M-32%-3%-4%4.8×n/an/a
Chengdu Tianjian Technology 002977.SZChina$306M-37%-357%n/an/an/an/a
Chenfull Precision 6829.TWOTaiwan$293M-40%+34%16%4.8×n/an/a
Beijing Emerging Eastern Aviation Equipment 002933.SZChina$420M-20%-6%6%6.4×n/an/a
Virgin Galactic SPCEUnited States$420M-6%-39%-24,588%384.3×n/an/a
Chengdu Lihang Technology 603261.SSChina$458M+19%+35%-52%8.1×n/an/a
TAT Technologies TATTUnited States$481M+2%+14%11%2.3×16.8%+18.8%
Tokyo Keiki 7721.TJapan$494M-37%+5%9%1.5×n/an/a
Nippon Avionics 6946.TJapan$505M-26%+45%21%2.7×n/an/a
Figeac Aero FGA.PAFrance$506M-3%+13%6%1.5×14.7%+18.9%
Park Aerospace PKEUnited States$515M-30%+28%21%5.0×4.8%+9.6%
Satellogic SATLUnited States$535M-54%+369%-67%16.0×n/an/a

Questions

Which companies are MS International's closest peers?
The cockpit's peer set: Innovative Solutions and Support (IA), Ideaforge Technology (IDEAFORGE.NS), Integrity Technology (688244.SS), Sichuan Tianwei Electronic (688511.SS), Beijing Hengyu Datacom Aviation Equipment (300965.SZ), New Power Plasma (144960.KS), ispace,inc (9348.T), Chengdu Jouav Automation Tech (688070.SS).
Is MS International expensive compared with its peers?
On ev / sales it trades at 1.9× against a peer median of 5.0×, 4th cheapest of 20 in its peer set. For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -21 pp: the price already allows for a slowdown.
How has MS International stock performed?
Over six months to 6 Nov 2026 the shares returned -7.8% against -26.1% for the median peer; over one year +3.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.