Mesabi TrustMSB +0.16%75 ROA % is 18.79% as of Apr. 2026, which is 81% below its 10-year median of 101.12. GuruFocus rates MSB with a GF Score™ of 75/100 and a GF Value™ of $18.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 638 Steel companies, Mesabi Trust ranks better than 99.06% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mesabi Trust's annualizedNet Income for the quarter that ended in Apr. 2026 was $4.35 Mil.
Mesabi Trust's average Total Assets over the quarter that ended in Apr. 2026 was $23.14 Mil. Therefore, Mesabi Trust's annualized ROA % for the quarter that ended in Apr. 2026 was 18.79%.
The historical rank and industry rank for Mesabi Trust's ROA % or its related term are showing as below:
MSB'
s ROA % Range Over the Past 10 Years
Min: 15.61 Med: 101.12 Max: 178.98
Current: 45.48
During the past 13 years, Mesabi Trust's highest ROA % was 178.98%. The lowest was 15.61%. And the median was 101.12%.
MSB's ROA % is ranked better than 99.06% of 638
companies
in the Steel industry
Industry Median: 1.93
vs MSB: 45.48
Mesabi Trust (NYSE:MSB) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Mesabi Trust ROA % Related Terms
Mesabi Trust ROA % Historical Data
* Premium members only.
The historical data trend for Mesabi Trust's ROA % 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.
For the Steel subindustry, Mesabi Trust's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's ROA % distribution charts can be found below:
* The bar in red indicates where Mesabi Trust's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Apr. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Mesabi Trust (MSB) has a ROA % of 18.79% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mesabi Trust and its competitors. This is 81% below median its historical median of 101.12. Over the past decade, Mesabi Trust's ROA % has ranged from 15.61 to 178.98. According to the industry distribution chart, Mesabi Trust ranks #6 out of 638 companies in the Steel industry, placing it in the top 0.90000000000001%.
Is Mesabi Trust's ROA % too high?
Mesabi Trust's current ROA % of 18.79% is 81% below median its 10-year median of 101.12. Over the past 10 years, this metric has ranged from a low of 15.61 to a high of 178.98. The Steel industry median ROA % is 1.93. Mesabi Trust's value of 18.79% is 873.6% above this industry median. Based on the distribution chart, Mesabi Trust ranks #6 out of 638 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mesabi Trust has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mesabi Trust's ROA % compare to FRD and LUD?
According to the Steel industry distribution chart, Mesabi Trust ranks #6 out of 638 companies for ROA %. This places Mesabi Trust in the top 1% of its industry — outperforming the majority of peers. The industry median ROA % is 1.93. Mesabi Trust's value of 18.79% is 873.6% above this benchmark. Historically, Mesabi Trust's own ROA % has ranged from 15.61 to 178.98 over the past decade. While the company's 10-year median is 101.12 vs. the industry median of 1.93, Mesabi Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Steel company?
The median ROA % among Steel companies is 1.93, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesabi Trust's current ROA % of 18.79% is 873.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mesabi Trust and its competitors. For the Steel industry, the median ROA % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current ROA % is 18.79%, which is 81% below median its own 10-year median of 101.12. 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 $18.16, compared to a current price of $24.35 — trading 34.1% above its estimated fair value. The current ROA % is 18.79%, which is 81% below median its 10-year median of 101.12 and 873.6% above the Steel industry median of 1.93. Mesabi Trust's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Mesabi Trust (MSB), the current ROA % is 18.79% as of Apr. 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 $24.35 is trading 34.1% above its estimated GF Value™ of $18.16.
GuruFocus considers Mesabi Trust to be Significantly Overvalued.
Key valuation signals for MSB:
ROA %: 18.79% (81% below median its 10-year median of 101.12)
GF Value™: $18.16 vs. price of $24.35 (34.1% above fair value)
Industry Position: 873.6% above the Steel median (#6 of 638)
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.
75GF Score
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