Saturday 17 October 2026
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Mesabi Trust
MSB Basic Materials Steel
Mesabi Trust’s revenue for fiscal 2026 (year ended January 2026) was $17.5 million, down 82.2% from fiscal 2025. In the quarter to July 2026, revenue fell 55.8%, EPS fell 102.0% and free cash flow fell 94.3%, each against the same quarter a year earlier.
17.88
0.16
−0.89%
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| Jan '17 | Jan '18 | Jan '19 | Jan '20 | Jan '21 | Jan '22 | Jan '23 | Jan '24 | Jan '25 | Jan '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
5 | 6 | 5 | 6 | 6 | 6 | 6 | 6 | 7 | 6 |
P/E ratio |
18.77 | 10.33 | 7.89 | 8.91 | 14.12 | 5.34 | 56.38 | 13.46 | 3.32 | 32.25 |
Altman Z-Score |
31.62 | 19.11 | 18.45 | 20.51 | 36.82 | 16.57 | 71.66 | 32.21 | 6.99 | 70.36 |
P/S ratio |
16.51 | 9.43 | 7.61 | 8.37 | 12.71 | 5.14 | 39.03 | 11.20 | 3.14 | 25.59 |
P/FCF ratio |
14.28 | 11.03 | 7.91 | 7.74 | 15.85 | 5.84 | 21.79 | 17.53 | 3.30 | 31.13 |
Altman Z″-Score (non-manufacturers) |
14.42 | 13.31 | 14.35 | 14.64 | 16.78 | 15.63 | 15.16 | 16.53 | 8.78 | 17.62 |
P/Operating CF |
18.68 | 54.02 | 29.61 | 29.79 | 28.11 | 17.91 | (561.52) | 45.23 | 32.90 | 101.19 |
Beneish M-Score |
(5.33) | 11.61 | (2.22) | (4.69) | 1.06 | 4.81 | (8.02) | 25.03 | (1.08) | (0.99) |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 20 |
P/B ratio |
17.61 | 30.68 | 21.42 | 22.63 | 20.01 | 11.92 | 26.42 | 12.20 | 13.27 | 21.98 |
Price to Tangible BV |
17.61 | 30.68 | 21.42 | 22.63 | 20.01 | 11.92 | 26.42 | 12.20 | 13.27 | 21.98 |
EV/Sales |
15.21 | 8.73 | 6.91 | 7.64 | 11.84 | 4.47 | 37.22 | 10.15 | 2.12 | 24.27 |
EV/EBITDA |
15.21 | 8.73 | 6.91 | 7.64 | 11.84 | 4.47 | 37.22 | 10.15 | 2.12 | 24.27 |
EV/Operating CF |
13.16 | 10.21 | 7.19 | 7.06 | 14.77 | 5.08 | 20.79 | 15.88 | 2.23 | 29.52 |
EV/FCF |
13.16 | 10.21 | 7.19 | 7.06 | 14.77 | 5.08 | 20.79 | 15.88 | 2.23 | 29.52 |
Quick Ratio |
3.51 | 1.67 | 1.90 | 2.00 | 3.51 | 2.26 | 5.22 | 4.54 | 1.29 | 6.06 |
Current Ratio |
3.52 | 1.68 | 1.90 | 2.00 | 3.55 | 2.33 | 5.27 | 4.67 | 1.30 | 6.16 |
Net Debt/EBITDA |
(1.41) | (0.72) | (0.71) | (0.77) | (0.93) | (0.69) | (2.44) | (1.22) | (1.06) | (1.61) |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.90 | 1.70 | 1.53 | 1.08 | 1.11 | 1.86 | 0.23 | 1.12 | 1.54 | 0.28 |
Operating CF/Net income |
1.29 | 0.88 | 1.00 | 1.15 | 0.89 | 0.91 | 2.61 | 0.77 | 1.01 | 1.04 |
| 101.73% | 321.19% | 332.40% | 209.91% | 165.38% | 290.94% | 25.14% | 117.13% | 421.08% | 63.43% | |
| 81.14% | 165.17% | 147.74% | 101.71% | 100.51% | 178.98% | 15.61% | 93.04% | 145.27% | 22.00% | |
ROIC |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Return on Tangible Assets |
95.67% | 315.12% | 271.09% | 254.04% | 142.06% | 223.30% | 46.42% | 90.50% | 399.84% | 67.97% |
Average Days of Receivables |
1.51 | 20.70 | 18.05 | 0.79 | 3.51 | 23.66 | 1.11 | 31.30 | 4.30 | 16.30 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
7.63% | 2.42% | 2.40% | 4.62% | 7.48% | 3.25% | 26.16% | 13.92% | 4.52% | 17.75% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
0.06 | 0.03 | 0.05 | 0.04 | 0.05 | 0.08 | 0.04 | 0.08 | 0.08 | 0.05 |
Graham Number |
3.57 | 6.61 | 10.01 | 6.82 | 7.09 | 16.64 | 2.83 | 7.22 | 16.87 | 6.09 |
Earnings Yield |
5.33% | 9.68% | 12.68% | 11.22% | 7.08% | 18.73% | 1.77% | 7.43% | 30.13% | 3.10% |
Free Cash Flow Yield |
7.00% | 9.07% | 12.64% | 12.92% | 6.31% | 17.12% | 4.59% | 5.71% | 30.34% | 3.21% |
Revenue per Share |
0.83 | 2.63 | 3.60 | 2.44 | 1.98 | 5.45 | 0.59 | 1.74 | 7.51 | 1.34 |
Operating CF per Share |
0.96 | 2.25 | 3.47 | 2.64 | 1.59 | 4.79 | 1.06 | 1.11 | 7.16 | 1.10 |
Capex per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
0.96 | 2.25 | 3.47 | 2.64 | 1.59 | 4.79 | 1.06 | 1.11 | 7.16 | 1.10 |
Cash per Share |
1.08 | 1.84 | 2.52 | 1.79 | 1.71 | 3.64 | 1.06 | 1.83 | 7.64 | 1.77 |
Shareholders Equity per Share |
0.78 | 0.81 | 1.28 | 0.90 | 1.26 | 2.35 | 0.87 | 1.60 | 1.78 | 1.56 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
0.78 | 0.81 | 1.28 | 0.90 | 1.26 | 2.35 | 0.87 | 1.60 | 1.78 | 1.56 |
Free Cash Flow |
12.58 | 29.51 | 45.50 | 34.59 | 20.81 | 62.84 | 13.86 | 14.61 | 93.94 | 14.40 |
Working Capital |
10.21 | 10.61 | 16.81 | 11.83 | 16.48 | 30.79 | 11.44 | 20.98 | 23.33 | 20.40 |
Net Current Asset Value |
10.21 | 10.61 | 16.81 | 11.83 | 16.48 | 30.79 | 11.44 | 20.98 | 23.33 | 20.40 |
EV/EBIT |
16.47 | 8.95 | 7.08 | 8.01 | 12.80 | 4.62 | 50.41 | 11.79 | 2.22 | 29.50 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
16.51 | 9.43 | 7.61 | 8.37 | 12.71 | 5.14 | 39.03 | 11.20 | 3.14 | 25.59 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — |
Cash ROIC |
51.66% | 85.00% | 91.34% | 97.87% | 53.51% | 80.03% | 54.57% | 32.49% | 76.04% | 33.06% |
Accounts Receivable Turnover |
21.28 | 34.48 | 22.02 | 26.56 | 162.65 | 29.28 | 3.33 | 23.05 | 63.18 | 18.04 |
Accounts Payable Turnover |
— | — | — | 0.00 | 0.00 | — | — | — | — | — |
Average Days of Payables |
— | — | — | 0.00 | 0.00 | — | — | — | — | — |
Average Receivables |
0.51 | 1.00 | 2.15 | 1.20 | 0.16 | 2.44 | 2.33 | 0.99 | 1.56 | 0.97 |
Average Payables |
— | — | — | 0.00 | 0.00 | — | — | — | — | — |
Average Assets |
12.03 | 20.24 | 30.84 | 29.55 | 23.29 | 38.42 | 34.02 | 20.40 | 64.21 | 63.04 |
Average Common Equity |
9.60 | 10.41 | 13.71 | 14.32 | 14.15 | 23.64 | 21.12 | 16.21 | 22.15 | 21.87 |
Columns are period end dates