NYSE:MSB

Stock Analysis Report

Executive Summary

Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States.

Snowflake

Risks

  • Mesabi Trust is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.

Share Price & News

How has Mesabi Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.0%

NYSE:MSB

1.5%

US Metals and Mining

2.1%

US Market


1 Year Return

-18.9%

NYSE:MSB

-14.9%

US Metals and Mining

-0.04%

US Market

MSB underperformed the Metals and Mining industry which returned -16.3% over the past year.

MSB underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

MSBIndustryMarket
7 Day-1.0%1.5%2.1%
30 Day-18.9%-10.0%-3.2%
90 Day-24.0%3.3%2.8%
1 Year-8.6%-18.9%-12.4%-14.9%2.2%-0.04%
3 Year199.7%126.3%3.2%-2.0%41.5%32.3%
5 Year80.5%18.6%-17.8%-24.0%55.0%37.8%

Price Volatility Vs. Market

How volatile is Mesabi Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mesabi Trust undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Mesabi Trust's share price is below the future cash flow value, and at a moderate discount (> 20%).

Mesabi Trust's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Mesabi Trust is good value based on earnings compared to the US Metals and Mining industry average.

Mesabi Trust is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Mesabi Trust, we can't assess if its growth is good value.


Price Based on Value of Assets

Mesabi Trust is overvalued based on assets compared to the US Metals and Mining industry average.

Future Growth

How is Mesabi Trust expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.7%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mesabi Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Mesabi Trust performed over the past 5 years?

22.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mesabi Trust has delivered over 20% year on year earnings growth in the past 5 years.

Mesabi Trust's 1-year earnings growth exceeds its 5-year average (25.2% vs 22.5%)

Mesabi Trust's earnings growth has not exceeded the US Metals and Mining industry average in the past year (25.2% vs 26.3%).


Return on Equity

Mesabi Trust made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).


Return on Assets

Mesabi Trust used its assets more efficiently than the US Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

Mesabi Trust has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).

Financial Health

How is Mesabi Trust's financial position?


Financial Position Analysis

Mesabi Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Mesabi Trust has no long term commitments.


Debt to Equity History and Analysis

Mesabi Trust has no debt.

Mesabi Trust has not taken on any debt in the past 5 years.

Mesabi Trust has no debt, it does not need to be covered by operating cash flow.

Mesabi Trust has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Mesabi Trust has no debt, it does not need to be covered by short term assets.

Dividend

What is Mesabi Trust's current dividend yield, its reliability and sustainability?

13.14%

Current Dividend Yield


Dividend Yield and Payments Analysis

Mesabi Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Mesabi Trust's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.

Management

What is the CEO of Mesabi Trust's salary, the management and board of directors tenure and is there insider trading?

7.9yrs

Average board tenure


CEO

Mesabi Trust has no CEO, or we have no data on them.


Board Age and Tenure

7.9yrs

Average Tenure

69yo

Average Age

The tenure for the Mesabi Trust board of directors is about average.


Insider Trading

More shares have been bought than sold by Mesabi Trust individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$14,69112 Jun 19
Robin Radke
EntityIndividual
Role
Member of the Board of Directors
Individual Trustee
Shares498
Max PriceUS$29.50

Ownership Breakdown


Management Team

  • Jeffrey Schoenfeld

    Vice President of Deutsche Bank Trust Company Americas

    • Tenure: 0.0yrs
    • Compensation: US$108.47k

Board Members

  • James Ehrenberg (77yo)

    Individual Trustee

    • Tenure: 13.6yrs
    • Compensation: US$40.82k
  • Robert Berglund (73yo)

    Individual Trustee

    • Tenure: 10.6yrs
    • Compensation: US$40.82k
  • Robin Radke (48yo)

    Individual Trustee

    • Tenure: 0.6yrs
    • Compensation: US$9.50k
  • Michael Mlinar (65yo)

    Individual Trustee

    • Tenure: 5.2yrs
    • Compensation: US$40.82k

Company Information

Mesabi Trust's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mesabi Trust
  • Ticker: MSB
  • Exchange: NYSE
  • Founded: 1961
  • Industry: Steel
  • Sector: Materials
  • Market Cap: US$299.530m
  • Shares outstanding: 13.12m
  • Website: https://www.mesabi-trust.com

Location

  • Mesabi Trust
  • 60 Wall Street
  • 24th Floor
  • New York
  • New York
  • 10005
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MSBNYSE (New York Stock Exchange)YesTrust UnitsUSUSDJan 1968

Biography

Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was founded in 1961 and is based in New York, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:40
End of Day Share Price2019/08/22 00:00
Earnings2019/04/30
Annual Earnings2019/01/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.