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Mesabi Trust Shs (MSB)
NYSE:MSB
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Mesabi Shs
(NYSE:MSB)
80Outperform
Mesabi Shs (MSB) vs. S&P 500 (SPY)
Market Cap
$356.86M
Dividend Yield25.31%
Average Volume (3M)59.94K
Price to Earnings (P/E)3.9
Beta (1Y)0.86
Revenue Growth577.43%
EPS Growth714.84%
CountryUS
EmployeesN/A
SectorBasic Materials
Sector Strength60
IndustrySteel
Share Statistics
EPS (TTM)7.00
Shares Outstanding13,120,010
10 Day Avg. Volume35,687
30 Day Avg. Volume59,935
Financial Highlights & Ratios
PEG Ratio0.00543
Price to Book (P/B)N/A
Price to Sales (P/S)15.26
Price to Cash Flow (P/CF)23.50
P/FCF Ratio22.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Mesabi Shs Business Overview & Revenue Model
Company DescriptionMesabi Trust (MSB) is a royalty trust engaged in the iron ore mining sector. The trust was established to receive income from the Peter Mitchell Mine in Minnesota's Mesabi Iron Range. Mesabi Trust primarily derives its income from royalties on the iron ore produced and shipped from the mine, which is operated by Northshore Mining Company, a subsidiary of Cleveland-Cliffs Inc.
How the Company Makes MoneyMesabi Trust makes money through royalties and fees from the iron ore mined by Northshore Mining Company at the Peter Mitchell Mine. The trust receives a base overriding royalty and a bonus overriding royalty based on the volume and price of iron ore shipped. Additionally, Mesabi Trust earns royalties from the sales of taconite pellets produced from the mined ore. These revenue streams are influenced by factors such as global iron ore prices, production levels, and demand from steel manufacturers. The trust's earnings are highly dependent on its relationship with Northshore Mining Company and, by extension, Cleveland-Cliffs Inc.
Mesabi Shs Financial Statement Overview
Summary
Mesabi Shs demonstrates strong financial health, characterized by high profitability and robust balance sheet metrics. The company has shown a remarkable ability to generate revenue growth and maintain profitability, crucial for the competitive steel industry. Cash flows are well-aligned with earnings, supporting financial stability. Attention should be given to operational efficiency and long-term reinvestment strategies to sustain growth momentum.Income Statement
The company shows impressive profitability metrics with a high gross profit margin of 95.6% and a strong net profit margin of 93.8% for the TTM (Trailing-Twelve-Months). Revenue has seen significant growth, rising from $22.9 million to $97.97 million, demonstrating a strong upward trajectory. However, the EBITDA margin is relatively lower compared to other metrics, indicating potential areas for operational efficiency improvement.85
Very Positive
Balance Sheet
The company maintains a robust balance sheet with zero total debt, resulting in a favorable debt-to-equity ratio of 0.0. Stockholders' equity is strong, contributing to an equity ratio of 94.7%. The return on equity is high at 96.4%, reflecting efficient use of equity. The high cash position relative to liabilities indicates strong liquidity. However, the company should monitor equity fluctuations as they impact leverage ratios.80
Positive
Cash Flow
Cash flow analysis reveals a consistent increase in free cash flow, with a notable free cash flow growth rate. The operating cash flow to net income ratio stands at 0.98, indicating that the company's earnings are well-supported by cash flow. The company has managed capital expenditures effectively, with free cash flow to net income also at 0.98. The lack of significant capital expenditures suggests limited reinvestment, which may be a concern for long-term growth.78
Positive
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 26.79M | 22.86M | 7.74M | 71.46M | 25.95M | 31.99M | Gross Profit |
| 22.48M | 22.60M | 7.41M | 71.17M | 25.74M | 31.72M | EBIT |
| 20.71M | 19.07M | 5.39M | 68.84M | 23.49M | 30.13M | EBITDA |
| 7.35M | 18.54M | 5.12M | 68.30M | 23.71M | 30.09M | Net Income Common Stockholders |
| 91.90M | 18.98M | 5.31M | 68.77M | 23.41M | 30.06M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 10.30M | 23.98M | 13.97M | 47.73M | 22.41M | 23.51M | Total Assets |
| 11.20M | 26.69M | 14.12M | 53.91M | 22.93M | 23.65M | Total Debt |
| 0.00 | 1.96M | 23.56K | 4.63M | 249.48K | 69.59K | Net Debt |
| -8.44M | -23.98M | -13.94M | -43.10M | -12.25M | -10.11M | Total Liabilities |
| 10.07M | 5.72M | 2.68M | 23.12M | 6.45M | 11.82M | Stockholders Equity |
| 1.13M | 20.98M | 11.44M | 30.79M | 16.48M | 11.83M |
| Cash Flow | Free Cash Flow | ||||
| 90.18M | 14.61M | 13.86M | 62.84M | 20.81M | 34.59M | Operating Cash Flow |
| 90.18M | 14.61M | 13.86M | 62.84M | 20.81M | 34.59M | Investing Cash Flow |
| 0.00 | 0.00 | 0.00 | 9.91M | 3.43M | 18.79M | Financing Cash Flow |
| -4.59M | -4.59M | -47.63M | -37.52M | -21.91M | -44.08M |
Mesabi Shs Technical Analysis
Positive
26.83
Price Trends
26.54
Positive
24.40
Positive
20.18
Positive
Market Momentum
0.31
Negative
53.62
Neutral
39.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MSB, the sentiment is Positive. The current price of 26.83 is above the 20-day moving average (MA) of 26.53, above the 50-day MA of 26.54, and above the 200-day MA of 20.18, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 53.62 is Neutral, neither overbought nor oversold. The STOCH value of 39.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MSB.
Mesabi Shs Peers Comparison
Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $356.86M | 3.88 | 157.81% | 25.31% | 577.43% | 714.84% | |
75 Outperform | $42.61B | 7.28 | 16.72% | 7.40% | -8.71% | -22.75% | |
74 Outperform | $100.98B | 8.44 | 20.93% | 7.22% | -0.81% | 14.59% | |
72 Outperform | $121.89B | 10.84 | 26.13% | 5.02% | -3.15% | 54.08% | |
49 Neutral | $9.57B | 27.04 | 3.43% | 0.47% | -13.48% | -56.94% | |
48 Neutral | $4.06B | ― | -10.36% | ― | -12.78% | -301.57% | |
47 Neutral | $2.64B | -3.21 | -21.68% | 3.30% | 4.19% | -30.23% |
* Basic Materials Sector Average
Performance Comparison
MSB
Mesabi Shs
26.83
12.69
89.75%
BHP
BHP Group
47.88
-8.24
-14.68%
CLF
Cleveland-Cliffs
8.73
-14.10
-61.76%
RIO
Rio Tinto
59.90
-0.69
-1.14%
X
United States Steel
42.40
0.73
1.75%
VALE
Vale SA
10.09
-1.11
-9.91%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.