Mesabi TrustMSB +0.16%75 Altman Z-Score is 58.08 as of Jun. 25, 2026, which is 60% above its 10-year median of 36.36. 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 615 Steel companies, Mesabi Trust ranks better than 98.86% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 57.99 is strong.
Mesabi Trust has a Altman Z-Score of 58.08, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Mesabi Trust's Altman Z-Score or its related term are showing as below:
MSB'
s Altman Z-Score Range Over the Past 10 Years
Min: 6.24 Med: 36.36 Max: 607.17
Current: 57.99
During the past 13 years, Mesabi Trust's highest Altman Z-Score was 607.17. The lowest was 6.24. And the median was 36.36.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Mesabi Trust Altman Z-Score Related Terms
Mesabi Trust Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Mesabi Trust's Altman Z-Score 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 Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Mesabi Trust's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Mesabi Trust's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.8367
+
1.4
*
0.8367
+
3.3
*
0.5166
+
0.6
*
89.2377
+
1.0
*
0.6523
=
58.08
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Mesabi Trust (MSB) has a Altman Z-Score of 58.08 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mesabi Trust and its competitors. This is 60% above median its historical median of 36.36. Over the past decade, Mesabi Trust's Altman Z-Score has ranged from 6.24 to 607.17. According to the industry distribution chart, Mesabi Trust ranks #7 out of 615 companies in the Steel industry, placing it in the top 1.1%.
Is Mesabi Trust's Altman Z-Score too high?
Mesabi Trust's current Altman Z-Score of 58.08 is 60% above median its 10-year median of 36.36. Over the past 10 years, this metric has ranged from a low of 6.24 to a high of 607.17. The Steel industry median Altman Z-Score is 2.47. Mesabi Trust's value of 58.08 is 2251.4% above this industry median. Based on the distribution chart, Mesabi Trust ranks #7 out of 615 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 Altman Z-Score compare to FRD and LUD?
According to the Steel industry distribution chart, Mesabi Trust ranks #7 out of 615 companies for Altman Z-Score. This places Mesabi Trust in the top 1% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.47. Mesabi Trust's value of 58.08 is 2251.4% above this benchmark. Historically, Mesabi Trust's own Altman Z-Score has ranged from 6.24 to 607.17 over the past decade. While the company's 10-year median is 36.36 vs. the industry median of 2.47, 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 Altman Z-Score for a Steel company?
The median Altman Z-Score among Steel companies is 2.47, based on 615 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesabi Trust's current Altman Z-Score of 58.08 is 2251.4% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mesabi Trust and its competitors. For the Steel industry, the median Altman Z-Score is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current Altman Z-Score is 58.08, which is 60% above median its own 10-year median of 36.36. 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 Altman Z-Score is 58.08, which is 60% above median its 10-year median of 36.36 and 2251.4% above the Steel industry median of 2.47. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Mesabi Trust (MSB), the current Altman Z-Score is 58.08 as of Jun. 25, 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:
Altman Z-Score: 58.08 (60% above median its 10-year median of 36.36)
GF Value™: $18.16 vs. price of $24.35 (34.1% above fair value)
Industry Position: 2251.4% above the Steel median (#7 of 615)
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.
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