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