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Upturn AI SWOT - About
Mesabi Trust (MSB)
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Upturn Advisory Summary
04/04/2025: MSB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 0.16% | Avg. Invested days 42 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/04/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 321.57M USD | Price to earnings Ratio 3.5 | 1Y Target Price 33 |
Price to earnings Ratio 3.5 | 1Y Target Price 33 | ||
Volume (30-day avg) 40665 | Beta 0.85 | 52 Weeks Range 12.82 - 32.54 | Updated Date 04/5/2025 |
52 Weeks Range 12.82 - 32.54 | Updated Date 04/5/2025 | ||
Dividends yield (FY) 5.86% | Basic EPS (TTM) 7 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 78.65% | Operating Margin (TTM) 55.74% |
Management Effectiveness
Return on Assets (TTM) 67.73% | Return on Equity (TTM) 129.51% |
Valuation
Trailing PE 3.5 | Forward PE - | Enterprise Value 225661296 | Price to Sales(TTM) 11.79 |
Enterprise Value 225661296 | Price to Sales(TTM) 11.79 | ||
Enterprise Value to Revenue 8.81 | Enterprise Value to EBITDA 10.23 | Shares Outstanding 13120000 | Shares Floating 13108596 |
Shares Outstanding 13120000 | Shares Floating 13108596 | ||
Percent Insiders 0.08 | Percent Institutions 40.87 |
Analyst Ratings
Rating - | Target Price 33 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Mesabi Trust
Company Overview
History and Background
Mesabi Trust (MSB) was established in 1961. It derives royalty income from iron ore production on lands leased to Cleveland-Cliffs (CLF). Its purpose is to distribute net profits to its unitholders.
Core Business Areas
- Royalty Income: Mesabi Trust's primary business is generating and distributing royalty income from the sale of iron ore produced from its mineral interests in the Mesabi Iron Range in Minnesota. The royalties are based on the price and quantity of iron ore produced and sold by Cleveland-Cliffs.
Leadership and Structure
The trust is managed by its trustee, U.S. Bank, N.A. rather than traditional corporate management. The executive officer is John M. Groth.
Top Products and Market Share
Key Offerings
- Iron Ore Royalties: Mesabi Trust's 'product' is the royalty income derived from iron ore. Market share is not directly applicable as Mesabi Trust is a royalty trust and not a direct producer of iron ore. Cleveland-Cliffs (CLF), ArcelorMittal (MT), and U.S. Steel (X) are competitors in the broader iron ore market, influencing MSB's income.
Market Dynamics
Industry Overview
The iron ore industry is cyclical and heavily influenced by global demand, particularly from China. Prices fluctuate based on supply, demand, and economic conditions. Growing demand from infrastructure development contributes to market growth.
Positioning
Mesabi Trust is uniquely positioned as a pure-play royalty trust. Its income is dependent on the performance of Cleveland-Cliffs and the overall iron ore market.
Total Addressable Market (TAM)
The global iron ore market is estimated in the hundreds of billions of dollars. Mesabi Trust's royalty income is a small fraction of this, dependent on CLF's production and sales from the leased lands.
Upturn SWOT Analysis
Strengths
- Stable royalty income stream (dependent on iron ore production)
- Simple business model
- High dividend yield
- Experienced trustee managing the trust
Weaknesses
- Concentration of risk (dependent on a single lessee - Cleveland-Cliffs)
- Vulnerability to iron ore price fluctuations
- No direct control over production
- Depleting asset base (iron ore reserves)
Opportunities
- Potential for increased iron ore production by Cleveland-Cliffs
- Higher iron ore prices
- New technologies in iron ore extraction
- Infrastructure development in the US leading to steel demand
Threats
- Decline in iron ore prices
- Reduction in iron ore production by Cleveland-Cliffs
- Increased competition from other iron ore producers
- Environmental regulations impacting iron ore mining
Competitors and Market Share
Key Competitors
- CLF
Competitive Landscape
Mesabi Trust does not have direct competitors as it is a royalty trust. Cleveland-Cliffs (CLF) is its key partner. MSBu2019s performance is completely dependent on CLFu2019s performance in the iron ore market.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth is tied to fluctuations in Iron ore prices, and production levels.
Future Projections: Future performance hinges on iron ore prices, production by Cleveland-Cliffs, and the depletion of reserves. Analyst estimates are variable due to the commodity-driven nature of the business.
Recent Initiatives: The trust does not undertake strategic initiatives. Its performance depends on Cleveland-Cliffs' operations.
Summary
Mesabi Trust is a royalty trust that offers a high but variable dividend yield tied to iron ore prices. The trust's performance is entirely dependent on Cleveland-Cliffs' production and the global demand for iron ore. Investors should be aware of the commodity-driven risk and the depleting asset base. While currently providing good returns, potential regulatory changes could affect the underlying profitability of Cleveland-Cliffs' operations.
Similar Companies
CLF
Cleveland-Cliffs Inc
CLF
Cleveland-Cliffs Inc
X
United States Steel Corporation
X
United States Steel Corporation
Sources and Disclaimers
Data Sources:
- Mesabi Trust SEC Filings
- Cleveland-Cliffs SEC Filings
- Industry Reports on Iron Ore Market
- Financial News Outlets
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual due diligence and consultation with a financial advisor. Data may be lagged or incomplete.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Mesabi Trust
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 1987-12-30 | CEO - | ||
Sector Basic Materials | Industry Steel | Full time employees - | Website https://www.mesabi-trust.com |
Full time employees - | Website https://www.mesabi-trust.com | ||
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. Mesabi Trust was founded in 1961 and is based in New York, New York.
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