Mesabi Trust
Find Ratings ReportsMESABI TRUST's gross profit margin for the third quarter of its fiscal year 2023 has significantly increased when compared to the same period a year ago. Even though it increased sales and net income significantly, the company was unable to grow at a faster pace than its subsector competitors. MESABI TRUST is extremely liquid. Currently, the Quick Ratio is 5.29 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has greatly increased by 46.26% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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Income Statement | Q3 FY23 | Q3 FY22 |
---|---|---|
Net Sales ($mil) | 4.66 | 0.0 |
EBITDA ($mil) | 3.86 | -0.5 |
EBIT ($mil) | 3.86 | -0.5 |
Net Income ($mil) | 4.09 | -0.41 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 22.91 | 14.51 |
Total Assets ($mil) | 26.01 | 14.75 |
Total Debt ($mil) | 0.0 | 0.0 |
Equity ($mil) | 21.14 | 14.45 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 100.0 | 0.0 |
EBITDA Margin | 82.65 | 0.0 |
Operating Margin | 82.65 | 0.0 |
Sales Turnover | 0.53 | 1.88 |
Return on Assets | 43.35 | 174.7 |
Return on Equity | 53.35 | 178.28 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 5.34 | 49.83 |
Debt/Capital | 0.0 | 0.0 |
Interest Expense | 0.0 | 0.0 |
Interest Coverage | 0.0 | 0.0 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 13.12 | 13.12 |
Div / share | 0.35 | 0.0 |
EPS | 0.31 | -0.03 |
Book value / share | 1.61 | 1.1 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 32108.0 | 32157.0 |
HOLD. The current P/E ratio indicates a significant discount compared to an average of 49.70 for the Securities, Commodity Contracts, Financial Investm subsector and a discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 10.78 indicates a significant premium versus the S&P 500 average of 4.68 and a significant premium versus the subsector average of 3.54. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium.
Price/Earnings |
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Price/Cash Flow |
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MSB 20.20 | Peers 49.70 | MSB 27.10 | Peers 29.90 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. MSB is trading at a significant discount to its peers. |
Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. MSB is trading at a valuation on par to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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MSB NA | Peers 19.20 | MSB NA | Peers 1.61 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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MSB 10.78 | Peers 3.54 | MSB -56.35 | Peers 71.14 | |||||||||||||||||||||
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. MSB is trading at a significant premium to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, MSB is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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MSB 16.50 | Peers 5.47 | MSB -50.24 | Peers 38.40 | |||||||||||||||||||||
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. MSB is trading at a significant premium to its subsector. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. MSB significantly trails its peers on the basis of sales growth. |
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