Mesabi Stock Today

MSB
 Stock
  

USD 27.62  0.23  0.83%   

Market Performance
3 of 100
Odds Of Distress
Less than 2
Mesabi Trust is trading at 27.62 as of the 19th of August 2022, a -0.83 percent down since the beginning of the trading day. The stock's open price was 27.85. Mesabi Trust has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Mesabi Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of June 2021 and ending today, the 19th of August 2022. Click here to learn more.
CUSIP
590672101
Fiscal Year End
January
Business Domain
Materials
IPO Date
30th of December 1987
Category
Basic Materials
Classification
Materials
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York. Mesabi Trust operates under Steel classification in the United States and is traded on New York Stock Exchange. The company has 13.12 M outstanding shares of which 154.73 K shares are now shorted by investors with about 3.64 days to cover. More on Mesabi Trust

Moving together with Mesabi Trust

0.64CMCCommercial Metals Fiscal Year End 13th of October 2022 PairCorr

Moving against Mesabi Trust

0.6AFIIQArmstrong Flooring Earnings Call  TodayPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Mesabi Trust Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Mesabi Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mesabi Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Mesabi Trust is unlikely to experience financial distress in the next 2 years
Mesabi Trust has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
Latest headline from www.investorsobserver.com: Mesabi Trust Stock What Does the Chart Say Thursday - InvestorsObserver
Fama & French Classification
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Mesabi Trust based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Mesabi Trust financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares11.7 M11.8 M
Slightly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted11.7 M11.8 M
Slightly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations50.1 M62.8 M
Significantly Down
Increasing
Slightly volatile
Total Assets58.2 M53.9 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities24.9 M23.1 M
Significantly Up
Increasing
Slightly volatile
Current Assets58.2 M53.9 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities24.9 M23.1 M
Significantly Up
Increasing
Slightly volatile
Return on Average Assets1.591.548
Fairly Up
Decreasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover1.671.609
Sufficiently Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Mesabi Trust's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldOvervalued
Mesabi Trust (MSB) is traded on New York Stock Exchange in USA. It is located in coro Deutsche Bank Trust Company Americas, Trust and Agency Services, 1 Columbus Circle, 17th Floor, Mail Stop: NYC01-1710, New York, NY 10019, United States and employs 5 people. Mesabi Trust is listed under Trading category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with total capitalization of 358.57 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mesabi Trust's market, we take the total number of its shares issued and multiply it by Mesabi Trust's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Mesabi Trust runs under Basic Materials sector within Steel industry. The entity has 13.12 M outstanding shares of which 154.73 K shares are now shorted by investors with about 3.64 days to cover. Mesabi Trust has about 37.87 M in cash with 70.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.89.
Check Mesabi Trust Probability Of Bankruptcy
Ownership
The market capitalization of Mesabi Trust is $358.57 Million. 30% of Mesabi Trust outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.

Ownership Allocation (%)

Check Mesabi Ownership Details

Mesabi Stock Price Odds Analysis

What are Mesabi Trust's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Mesabi Trust jumping above the current price in 90 days from now is about 17.45%. The Mesabi Trust probability density function shows the probability of Mesabi Trust stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Mesabi Trust has a beta of 0.7156. This indicates as returns on the market go up, Mesabi Trust average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mesabi Trust will be expected to be much smaller as well. Additionally, the company has an alpha of 0.2003, implying that it can generate a 0.2 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 27.62HorizonTargetOdds Above 27.62
82.42%90 days
 27.62 
17.45%
Based on a normal probability distribution, the odds of Mesabi Trust to move above the current price in 90 days from now is about 17.45 (This Mesabi Trust probability density function shows the probability of Mesabi Stock to fall within a particular range of prices over 90 days) .

Mesabi Trust Historical Income Statement

Mesabi Trust Income Statement is one of the three primary financial statements used for reporting Mesabi's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mesabi Trust revenue and expense. Mesabi Trust Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Mesabi Trust Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 68.77 Million. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 74.2 M, whereas Operating Expenses is forecasted to decline to about 2.3 M. View More Fundamentals

Mesabi Stock Against Markets

Picking the right benchmark for Mesabi Trust stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mesabi Trust stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mesabi Trust is critical whether you are bullish or bearish towards Mesabi Trust at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mesabi Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Mesabi Trust Corporate Management

Elected by the shareholders, the Mesabi Trust's board of directors comprises two types of representatives: Mesabi Trust inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mesabi. The board's role is to monitor Mesabi Trust's management team and ensure that shareholders' interests are well served. Mesabi Trust's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mesabi Trust's outside directors are responsible for providing unbiased perspectives on the board's policies.

Invested in Mesabi Trust?

You need to understand the risk of investing before taking a position in Mesabi Trust. The danger of trading Mesabi Trust is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mesabi Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mesabi Trust. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mesabi Trust is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. Note that the Mesabi Trust information on this page should be used as a complementary analysis to other Mesabi Trust's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Mesabi Trust price analysis, check to measure Mesabi Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mesabi Trust is operating at the current time. Most of Mesabi Trust's value examination focuses on studying past and present price action to predict the probability of Mesabi Trust's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mesabi Trust's price. Additionally, you may evaluate how the addition of Mesabi Trust to your portfolios can decrease your overall portfolio volatility.
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Is Mesabi Trust's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mesabi Trust. If investors know Mesabi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mesabi Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.59
Market Capitalization
363.4 M
Quarterly Revenue Growth YOY
0.51
Return On Assets
1.28
Return On Equity
0.33
The market value of Mesabi Trust is measured differently than its book value, which is the value of Mesabi that is recorded on the company's balance sheet. Investors also form their own opinion of Mesabi Trust's value that differs from its market value or its book value, called intrinsic value, which is Mesabi Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mesabi Trust's market value can be influenced by many factors that don't directly affect Mesabi Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mesabi Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine Mesabi Trust value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesabi Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.