MSB (Mesabi Trust) ROCE %: 42.91% (As of Apr. 2026)


MSB Mesabi Trust MSB
75 GF Score
Price $24.35
GF Value $18.16
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mesabi Trust ROCE %?

Mesabi Trust MSB +0.16% 75 ROCE % is 42.91% as of Apr. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Mesabi Trust's annualized ROCE % for the quarter that ended in Apr. 2026 was 42.91%.

Mesabi Trust  (NYSE:MSB) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Mesabi Trust ROCE % Related Terms

Mesabi Trust ROCE % Historical Data

* Premium members only.

The historical data trend for Mesabi Trust's ROCE % 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 ROCE % Chart

Mesabi Trust Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 288.95 24.23 114.42 93.17 59.90

Mesabi Trust Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROCE % 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 81.03 102.22 61.84 -1.14 42.91
MSB
75GF Score
Mesabi Trust MSB
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mesabi Trust ROCE % Calculation

Mesabi Trust's annualized ROCE % for the fiscal year that ended in Jan. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=13.098/( ( (101.728 - 78.401) + (24.356 - 3.953) )/ 2 )
=13.098/( (23.327+20.403)/ 2 )
=13.098/21.865
=59.90 %

Mesabi Trust's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=8.312/( ( (24.356 - 3.953) + (21.922 - 3.58) )/ 2 )
=8.312/( ( 20.403 + 18.342 )/ 2 )
=8.312/19.3725
=42.91 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 42.91% mean?
Mesabi Trust (MSB) has a ROCE % of 42.91% as of Apr. 2026.
Is Mesabi Trust's ROCE % too high?
Mesabi Trust's current ROCE % is 42.91%. The Steel industry median ROCE % is 5.61. Mesabi Trust's value of 42.91% is 664.9% above this industry median. 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 ROCE % compare to FRD and LUD?
Mesabi Trust's ROCE % of 42.91% can be compared against companies in the Steel industry. The industry median ROCE % is 5.61. Mesabi Trust's value of 42.91% is 664.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Steel company?
The median ROCE % among Steel companies is 5.61, based on 625 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesabi Trust's current ROCE % of 42.91% is 664.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current ROCE % is 42.91%. 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 ROCE % is 42.91% and 664.9% above the Steel industry median of 5.61. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Mesabi Trust (MSB), the current ROCE % is 42.91% 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:

  • ROCE %: 42.91%
  • GF Value™: $18.16 vs. price of $24.35 (34.1% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 664.9% above the Steel median

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

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.35
Price
$18.16
GF Value