Mesabi Trust, a royalty trust, (MSB) Fair Value & Analysis
Basic Materials · US · Market cap $325M
Fair value as of: Jun 24, 2026
From 24 valuation models · updated 5 days ago
Fair value updated Jun 24, 2026 — revised from $19.76 to $17.97 (−9.1%) since Jun 23, 2026. Share price −9.5% over the past month.
Price vs Fair Value (12 months)
12‑month range $23.56 – $41.11 · fair‑value band $13.48 – $31.75 · the $24.26 price screens above the $17.97 fair value. As of Jun 24, 2026.
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Mesabi Trust, a royalty trust, (MSB) currently trades at $24.26, while our model-based Fair Value estimate is $17.97 — implying the stock looks roughly 25.9% overvalued today. We read business quality at 97/100 (high quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).
Over the trailing twelve months, Mesabi Trust, a royalty trust, generated revenue of $15.0M at a net margin of 75.3%. Revenue declined 52.6% year over year. It earns a return on equity of 59.7%. The balance sheet holds a net cash position of $23.2T. Fundamentals as of Jun 24, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.
About the company
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. Mesabi Trust was incorporated in 1961 and is based in New York, New York.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Mesabi Trust, a royalty trust, reported revenue of $17.5M in FY2026 versus $71.5M in FY2022, a compound −29.6%/yr. Reported net income was $13.9M in FY2026, compounding −33.0%/yr from FY2022.
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6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Tata Steel Limited TTST | $22.20 | $11.06 | -50% |
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| JSW Steel Limited JSWSTEEL | ₹1,270 | ₹1,007 | -21% |
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.