MSB (Mesabi Trust) Tax Rate %: 0.00% (As of Apr. 2026)

What is Mesabi Trust Tax Rate %?

Mesabi Trust MSB -0.62% 75 Tax Rate % is 0.00% as of Apr. 2026. GuruFocus rates MSB with a GF Score™ of 75/100 and a GF Value™ of $18.27 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mesabi Trust's Tax Expense for the three months ended in Apr. 2026 was $0.00 Mil. Mesabi Trust's Pre-Tax Income for the three months ended in Apr. 2026 was $1.09 Mil. Therefore, Mesabi Trust's Tax Rate % for the quarter that ended in Apr. 2026 was 0.00%.

Mesabi Trust Tax Rate % Related Terms

Mesabi Trust Tax Rate % Historical Data

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The historical data trend for Mesabi Trust's Tax Rate % 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 Tax Rate % Chart

Mesabi Trust Annual Data

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Tax Rate %

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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
Tax Rate %	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

75GF Score

Mesabi Trust MSB

Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.

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Mesabi Trust Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Mesabi Trust's Tax Rate % for the fiscal year that ended in Jan. 2026 is calculated as

Tax Rate %	=	Tax Expense (A: Jan. 2026 )	/	Pre-Tax Income (A: Jan. 2026 )
	=	0	/	13.869
	=	0.00 %

Mesabi Trust's Tax Rate % for the quarter that ended in Apr. 2026 is calculated as

Tax Rate %	=	Tax Expense (Q: Apr. 2026 )	/	Pre-Tax Income (Q: Apr. 2026 )
	=	0	/	1.087
	=	0.00 %

Frequently Asked Questions Learn more about Tax Rate % →

What does a Tax Rate % of 0.00% mean?

Mesabi Trust (MSB) has a Tax Rate % of 0.00% as of Apr. 2026.

Is Mesabi Trust's Tax Rate % too high?

Mesabi Trust's current Tax Rate % is 0.00%. 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 Tax Rate % compare to FRD and INHD?

Mesabi Trust's Tax Rate % of 0.00% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Tax Rate % for a Steel company?

A good Tax Rate % depends on the Steel industry context. However, Tax Rate % 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 Tax Rate % mean?

A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Mesabi Trust's current Tax Rate % 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 $18.27, compared to a current price of $25.59 — trading 40.1% above its estimated fair value. The current Tax Rate % 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 Tax Rate % calculated?

Tax Rate % is calculated from a company's financial statements. For Mesabi Trust (MSB), the current Tax Rate % 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 $25.59 is trading 40.1% above its estimated GF Value™ of $18.27. GuruFocus considers Mesabi Trust to be Significantly Overvalued.

Key valuation signals for MSB:

Tax Rate %: 0.00%
GF Value™: $18.27 vs. price of $25.59 (40.1% 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

Industry Basic Materials Steel

Comparable Companies FRD INHD LUD ZKIN HLP HUDI MTUS NWPX NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010 BOM:532286 ASX:BSL

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

Website https://www.mesabi-trust.com

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

$25.59

Price

$18.27

GF Value

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