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%
Market cap
$236.7M
P/E
36.3×
Fwd P/E
56.9×
Dividend yield
4.98%
F-score
6/9
Altman Z
70.36
Beneish M
−0.99
Dividend safety
20/100
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
ROE
101.73% 321.19% 332.40% 209.91% 165.38% 290.94% 25.14% 117.13% 421.08% 63.43%
ROA
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

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Columns are period end dates