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Mesabi TrustMSB +1.19%74 Owner Earnings per Share (TTM) is 0.00 as of Jan. 2026. GuruFocus rates MSB with a GF Score™ of 74/100 and a GF Value™ of $18.36 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 273 Steel companies, Mesabi Trust ranks worse than 366300% on this metric.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Mesabi Trust does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.
The historical rank and industry rank for Mesabi Trust's Owner Earnings per Share (TTM) or its related term are showing as below:
MSB's Price-to-Owner-Earnings is not ranked *
in the Steel industry.
Industry Median: 12.65 * Ranked among companies with meaningful Price-to-Owner-Earnings only.
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
Mesabi Trust Owner Earnings per Share (TTM) Related Terms
Mesabi Trust Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Mesabi Trust's Owner Earnings per Share (TTM) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MSB vs FRD, INHD, LUD: Owner Earnings per Share (TTM) Comparison
For the Steel subindustry, Mesabi Trust's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mesabi Trust Price-to-Owner-Earnings vs Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Mesabi Trust's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
What does a Owner Earnings per Share (TTM) of 0.00 mean?
Mesabi Trust (MSB) has a Owner Earnings per Share (TTM) of 0.00 as of Jan. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Mesabi Trust. According to the industry distribution chart, Mesabi Trust ranks #999999 out of 273 companies in the Steel industry.
Is Mesabi Trust's Owner Earnings per Share (TTM) too high?
Mesabi Trust's current Owner Earnings per Share (TTM) is 0.00. Based on the distribution chart, Mesabi Trust ranks #999999 out of 273 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mesabi Trust has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mesabi Trust's Owner Earnings per Share (TTM) compare to FRD and INHD?
According to the Steel industry distribution chart, Mesabi Trust ranks #999999 out of 273 companies for Owner Earnings per Share (TTM). This places Mesabi Trust in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 12.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Steel company?
The median Owner Earnings per Share (TTM) among Steel companies is 12.65, based on 273 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Mesabi Trust. For the Steel industry, the median Owner Earnings per Share (TTM) is 12.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current Owner Earnings per Share (TTM) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesabi Trust stock overvalued right now?
Based on GuruFocus' analysis, Mesabi Trust (MSB) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.36, compared to a current price of $25.46 — trading 38.7% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Mesabi Trust's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Mesabi Trust (MSB), the current Owner Earnings per Share (TTM) is 0.00 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mesabi Trust (MSB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesabi Trust stock appears to be overvalued.
The current stock price of $25.46 is trading 38.7% above its estimated GF Value™ of $18.36.
GuruFocus considers Mesabi Trust to be Significantly Overvalued.
Key valuation signals for MSB:
Owner Earnings per Share (TTM): 0.00
GF Value™: $18.36 vs. price of $25.46 (38.7% above fair value)
No single metric tells the full story. See the MSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the northeastern end of the Mesabi Iron Range.
74GF Score
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