Company Valuation: Mesabi Trust

Data adjusted to current consolidation scope
Fiscal Period: January 2021 2022 2023 2024 2025 2026
Market Cap 1 326.6 367.1 302.2 256 309.6 431.6
Change - 12.41% -17.69% -15.28% 20.96% 39.41%
Enterprise Value (EV) 1 304.1 319.4 288.2 232 209.4 408.5
Change - 5% -9.76% -19.5% -9.73% 95.05%
P/E 14x 5.34x 56.9x 13.5x 3.32x 31.1x
PBR 19.8x 11.9x 26.4x 12.2x 13.3x 21.2x
PEG - 0x -0.6x 0x 0x -0.4x
Capitalization / Revenue 12.6x 5.14x 39x 11.2x 11.3x 24.6x
EV / Revenue 11.7x 4.47x 37.2x 10.1x 7.64x 23.3x
EV / EBITDA - - - - - -
EV / EBIT 13x 4.64x 53.5x 12.2x 9.44x 29.3x
EV / FCF 26.6x 5.91x -21.6x 15.8x 2.39x -6.25x
FCF Yield 3.76% 16.9% -4.63% 6.33% 41.9% -16%
Dividend per Share 2 1.43 4.15 1.88 0.72 6.93 1.28
Rate of return 5.75% 14.8% 8.16% 3.69% 29.4% 3.89%
EPS 2 1.784 5.241 0.4047 1.447 7.109 1.057
Distribution rate 80.2% 79.2% 465% 49.8% 97.5% 121%
Net sales 1 25.95 71.46 7.742 22.86 27.41 17.52
EBITDA - - - - - -
EBIT 1 23.49 68.84 5.389 19.07 22.17 13.96
Net income 1 23.41 68.77 5.309 18.98 93.27 13.87
Net Debt 1 -22.41 -47.73 -13.97 -23.98 -100.2 -23.16
Reference price 2 24.89 27.98 23.03 19.51 23.60 32.90
Nbr of stocks (in thousands) 13,120 13,120 13,120 13,120 13,120 13,120
Announcement Date 4/27/21 4/27/22 4/24/23 4/24/24 4/24/25 4/22/26
1USD in Million2USD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 319M
7.64x1.9x4.64x6.62% 64.7B
10.69x2.45x4.76x6.16% 40.34B
10.15x2.34x7.02x4.22% 7.91B
8.53x1.27x3.18x7.79% 5.67B
16.28x1.51x4.33x7.22% 4.44B
12.88x - - - 1.22B
16.58x11.34x10.7x5.41% 1.28B
Average 11.82x 3.47x 5.77x 6.24% 15.74B
Weighted average by Cap. 9.27x 2.16x 4.82x 6.38%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Mesabi Trust