Valuation : Mesabi Trust

Market Cap 31Cr 27Cr 25Cr 23Cr 44Cr 3.01TCr 44Cr 301.45Cr 117.61Cr 1.52TCr 118.07Cr 115.5Cr 5.03TCr P/E 2025
3.32x
P/E 2026 31.1x
Enterprise Value 29Cr 25Cr 24Cr 21Cr 40Cr 2.78TCr 41Cr 279.25Cr 108.95Cr 1.41TCr 109.38Cr 107Cr 4.66TCr EV / Sales 2025
7.64x
EV / Sales 2026 23.3x
Free-Float
99.92%
Yield 2025
29.4%
Yield 2026 3.89%
1 day+1.61%
1 week+5.27%
Current month+9.00%
1 month+6.39%
3 months-9.14%
6 months-21.07%
Current year-37.77%
1 week 22.54
Extreme 22.5362
24.18
1 month 21.86
Extreme 21.86
24.24
Current year 21.6
Extreme 21.6
42.38
1 year 21.6
Extreme 21.6
42.38
3 years 15.93
Extreme 15.93
42.38
5 years 15.93
Extreme 15.93
42.38
10 years 8.05
Extreme 8.05
42.38
Director TitleAgeSince
Director/Board Member 84 01/01/2006
Director/Board Member 80 28/10/2009
Director/Board Member 73 01/06/2014
Change 5-day change 1-year change 3-year change Capi.($)
+1.61%+5.27%-22.40%+25.43% 31Cr
+4.73%+4.73%+41.43%+20.95% 6.42TCr
+2.09%+1.80%-6.37%-11.85% 3.99TCr
+0.76%+2.73%+25.96%+111.51% 797.09Cr
+37.93%+1.69%+15.38%+41.84% 622.38Cr
+1.16%-1.04%-25.43%-41.72% 479.46Cr
0.00%+4.29%+16.80%-0.03% 388.63Cr
+3.28%+9.94%+13.61%+19.89% 162.02Cr
+1.60%+5.89%+26.12%-8.80% 159.36Cr
+8.96%+23.20%+29.61%-8.72% 150.31Cr
Average +6.21%+5.73%+11.47%+14.85% 1.32TCr
Weighted average by Cap. +4.97%+4.66%+20.86%+13.90%

Financials

2025 2026
Net sales 2.74Cr 2.36Cr 2.21Cr 2.02Cr 3.81Cr 261.97Cr 3.82Cr 26Cr 10Cr 132.24Cr 10Cr 10Cr 438.5Cr 1.75Cr 1.51Cr 1.42Cr 1.29Cr 2.43Cr 167.48Cr 2.44Cr 17Cr 6.55Cr 85Cr 6.58Cr 6.44Cr 280.33Cr
Net income 9.33Cr 8.04Cr 7.54Cr 6.88Cr 13Cr 891.46Cr 13Cr 89Cr 35Cr 450Cr 35Cr 34Cr 1.49TCr 1.39Cr 1.2Cr 1.12Cr 1.02Cr 1.93Cr 132.55Cr 1.93Cr 13Cr 5.19Cr 67Cr 5.21Cr 5.09Cr 221.86Cr
Net Debt -10Cr -8.63Cr -8.1Cr -7.39Cr -14Cr -957.69Cr -14Cr -96Cr -37Cr -483.44Cr -38Cr -37Cr -1.6TCr -2.32Cr -2Cr -1.87Cr -1.71Cr -3.22Cr -221.37Cr -3.23Cr -22Cr -8.66Cr -111.75Cr -8.7Cr -8.51Cr -370.54Cr
Logo Mesabi Trust
Mesabi Trust is a royalty trust organized to derive income from an iron mine (the Peter Mitchell Mine) located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The Trust is a pass-through entity. It operates in one segment, which is iron ore mining. The mine is operated by Northshore Mining Company (Northshore), a subsidiary of Cleveland-Cliffs Inc. (CCI). Northshore mines the ore, which is in the form of taconite, a hard rock containing approximately 21% recoverable iron, crushes it, separates the iron particles from the non-metallic, and forms the resulting concentrate into pellets which are shipped for use in steel-producing blast furnaces of customers of CCI. Northshore pays royalties to the Trust primarily based on the selling price of pellets shipped from Northshore’s pellet plant at Silver Bay, Minnesota, on Lake Superior approximately 45 miles from the mine, plus a significantly smaller royalty based on tons of ore extracted at the mine.
Employees
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Date Price Change Volume
28/26/28 $23.97 +1.61% 23,066
27/26/27 $23.59 +2.12% 26,818
26/26/26 $23.10 -1.16% 14,013
25/26/25 $23.37 +0.47% 11,414
24/26/24 $23.26 +2.15% 23,293