MSB (Mesabi Trust) ROC (Joel Greenblatt) %: 0.00% (As of Apr. 2026)


MSB Mesabi Trust MSB
75 GF Score
Price $25.30
GF Value $18.24
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mesabi Trust ROC (Joel Greenblatt) %?

Mesabi Trust MSB +5.95% 75 ROC (Joel Greenblatt) % is 0.00% as of Apr. 2026. GuruFocus rates MSB with a GF Score™ of 75/100 and a GF Value™ of $18.24 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 632 Steel companies, Mesabi Trust ranks worse than 158227.69% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Mesabi Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 0.00%.

The historical rank and industry rank for Mesabi Trust's ROC (Joel Greenblatt) % or its related term are showing as below:

MSB's ROC (Joel Greenblatt) % is not ranked *
in the Steel industry.
Industry Median: 6.95
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Mesabi Trust's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Mesabi Trust  (NYSE:MSB) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Mesabi Trust ROC (Joel Greenblatt) % Related Terms


Mesabi Trust ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mesabi Trust's ROC (Joel Greenblatt) % 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.

Mesabi Trust ROC (Joel Greenblatt) % Chart

Mesabi Trust Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mesabi Trust Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MSB vs FRD, INHD, LUD: ROC (Joel Greenblatt) % Comparison

For the Steel subindustry, Mesabi Trust's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Steel Industry

For the Steel industry and Basic Materials sector, Mesabi Trust's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mesabi Trust's ROC (Joel Greenblatt) % falls into.


MSB
75GF Score
Mesabi Trust MSB
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mesabi Trust ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.147) - (3.953 + 0 + 0)
=-3.806

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.138) - (3.58 + 0 + 0)
=-3.442

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Mesabi Trust for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.312/( ( (0 + max(-3.806, 0)) + (0 + max(-3.442, 0)) )/ 1 )
=8.312/( ( 0 + 0 )/ 1 )
=8.312/0
= %

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT 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.

What does a ROC (Joel Greenblatt) % of 0.00% mean?
Mesabi Trust (MSB) has a ROC (Joel Greenblatt) % of 0.00% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mesabi Trust and its competitors. According to the industry distribution chart, Mesabi Trust ranks #999999 out of 632 companies in the Steel industry.
Is Mesabi Trust's ROC (Joel Greenblatt) % too high?
Mesabi Trust's current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Mesabi Trust ranks #999999 out of 632 companies in the Steel industry, which is in the bottom quartile 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 ROC (Joel Greenblatt) % compare to FRD and INHD?
According to the Steel industry distribution chart, Mesabi Trust ranks #999999 out of 632 companies for ROC (Joel Greenblatt) %. This places Mesabi Trust in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 6.95, based on 632 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mesabi Trust and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current ROC (Joel Greenblatt) % 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 $18.24, compared to a current price of $25.30 — trading 38.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Mesabi Trust (MSB), the current ROC (Joel Greenblatt) % is 0.00% 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 $25.30 is trading 38.7% above its estimated GF Value™ of $18.24. GuruFocus considers Mesabi Trust to be Significantly Overvalued.

Key valuation signals for MSB:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: $18.24 vs. price of $25.30 (38.7% above fair value)
  • GF Score™: 75/100 with 4 warning signs

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 Business Description

Address c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019
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

Get the complete analysis for MSB

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.30
Price
$18.24
GF Value