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Mesabi Shs (MSB) AI Stock Analysis
Mesabi Shs
(NYSE:MSB)
Mesabi Trust scores below average primarily due to: (1) severe revenue and earnings cyclicality, with income collapsing from ~$93M to ~$14M in one year, despite structurally high margins and zero debt; (2) bearish technical signals across all timeframes with the stock trading well below its 200-DMA; (3) the loss of bonus royalties in the latest quarter, signaling pricing weakness that directly impacts distributions; and (4) an elevated P/E of ~30x on declining earnings, suggesting the stock is not cheap relative to its deteriorating fundamentals. The clean balance sheet and 3.7% dividend yield provide modest support, but the overall risk profile is unfavorable in the current environment.
Mesabi Shs (MSB) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $232.36M
- Dividend Yield
- 5.03%
- Average Volume (3M)
- 40.63K
- Price to Earnings (P/E)
- 35.7
- Beta (1Y)
- 1.05
- Revenue Growth
- -87.62%
- EPS Growth
- -93.01%
- Country
- US
- Employees
- 104
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Steel
Mesabi Shs Business Overview & Revenue Model
Company Description
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.
How the Company Makes Money
Mesabi Trust makes money by earning royalties on iron ore produced and shipped from the mineral properties/lands subject to its lease. Its primary revenue stream is royalty income calculated under the lease terms (typically based on factors such as o...
Mesabi Shs Financial Statement Overview
Summary
Mesabi's financials reflect its unique royalty/trust model with exceptionally high gross margins (~89-100%) and zero debt, but extreme revenue volatility is a major concern — revenue collapsed from ~$98.6M (FY2025) to ~$17.5M (FY2026) and TTM of ~$15M. The balance sheet is strong (zero debt, D/E of 0.0), earning a 75, but cash flow data has apparent anomalies and high volatility (score 40). The income statement score of 52 anchors the overall financial assessment. Blending these three sub-scores (52, 75, 40), the cyclicality and sharp earnings decline dominate, resulting in a below-average composite financial score.
Income Statement
52NeutralBalance Sheet
75PositiveCash Flow
40Negative| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2024 | Jan 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.91M | 17.52M | 25.46M | 7.74M | 22.86M | 71.46M |
| Gross Profit | 9.61M | 17.00M | 98.27M | 7.34M | 22.61M | 71.17M |
| EBITDA | 6.49M | 13.87M | 93.27M | 7.55M | 18.54M | 70.99M |
| Net Income | 6.49M | 13.87M | 93.27M | 5.31M | 18.98M | 68.77M |
Balance Sheet | ||||||
| Total Assets | 19.84M | 24.36M | 101.73M | 14.12M | 26.69M | 53.91M |
| Cash, Cash Equivalents and Short-Term Investments | 17.39M | 23.16M | 100.20M | 13.97M | 23.98M | 47.73M |
| Total Debt | 0 | 0 | 0 | 23.56K | 1.96M | 4.63M |
| Total Liabilities | 2.25M | 3.95M | 78.40M | 2.68M | 5.72M | 23.12M |
| Stockholders Equity | 17.59M | 20.40M | 23.33M | 11.44M | 20.98M | 30.79M |
Cash Flow | ||||||
| Free Cash Flow | 8.73M | 14.40M | 93.94M | 13.86M | 14.61M | 62.84M |
| Operating Cash Flow | 8.73M | 14.40M | 93.94M | 13.86M | 14.61M | 62.84M |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 0 | 9.91M |
| Financing Cash Flow | -12.60M | -91.45M | -17.71M | -47.63M | -4.59M | -37.52M |
Mesabi Shs Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MSB, the sentiment is Negative. The current price of 18.05 is below the 20-day moving average (MA) of 18.37, below the 50-day MA of 20.40, and below the 200-day MA of 26.31, indicating a bearish trend. The MACD of -0.58 indicates Negative momentum. The RSI at 36.84 is Neutral, neither overbought nor oversold. The STOCH value of 19.79 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MSB.
Mesabi Shs Risk Analysis
Mesabi Shs disclosed 2 risk factors in its most recent earnings report. Mesabi Shs reported the most risks in the "Legal & Regulatory" category.
Latest Risks Added
1 New RiskMesabi Shs Peers Comparison
Overall Rating
TX72.5Outperform
GGB63Neutral
CLF54Neutral
MT53Neutral- MSB45Neutral
SID43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TX | 73Outperform | $10.36B | 14.58 | 5.77% | 4.17% | -0.65% | 18.90% |
| GGB | 63Neutral | $8.53B | 15.56 | 5.06% | 3.23% | 10.25% | 4.20% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| CLF | 54Neutral | $8.13B | -16.01 | -8.14% | ― | 8.10% | 75.20% |
| MT | 53Neutral | $44.53B | 25.14 | 3.31% | 1.21% | 3.25% | -27.63% |
| MSB | 45Neutral | $232.36M | 35.73 | 33.51% | 5.03% | -87.62% | -93.01% |
| SID | 43Neutral | $941.07M | -2.14 | -18.55% | ― | 9.29% | -26.44% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| MSB | Mesabi Trust Shs | 17.71 | -16.10 | -47.62% | |
| MT | ArcelorMittal | 59.81 | 22.08 | 58.51% | |
| CLF | Cleveland-Cliffs | 14.25 | 2.38 | 20.05% | |
| GGB | Gerdau | 4.66 | 1.29 | 38.36% | |
| SID | Companhia Siderúrgica Nacional | 0.71 | -1.00 | -58.43% | |
| TX | Ternium | 52.77 | 18.70 | 54.90% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Jun 13, 2026