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Mesabi Trust (Mesabi Trust) Owner Earnings per Share (TTM) : 0.00 (As of Jan. 2024)


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What is Mesabi Trust Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Mesabi Trust does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Mesabi Trust's Owner Earnings per Share (TTM) or its related term are showing as below:



MSB's Price-to-Owner-Earnings is not ranked *
in the Steel industry.
Industry Median: 8.42
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Mesabi Trust's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $0.36. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 was $1.45. It's PE Ratio ratio for today is 11.96.

Mesabi Trust's EPS without NRI for the three months ended in Jan. 2024 was $0.36. Its EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2024 was $1.45. It's PE Ratio without NRI ratio for today is 11.96.


Mesabi Trust Owner Earnings per Share (TTM) Historical Data

The historical data trend for Mesabi Trust's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mesabi Trust Owner Earnings per Share (TTM) Chart

Mesabi Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Owner Earnings per Share (TTM)
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Mesabi Trust Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Mesabi Trust's Owner Earnings per Share (TTM)

For the Steel subindustry, Mesabi Trust's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mesabi Trust's Price-to-Owner-Earnings Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mesabi Trust's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Mesabi Trust's Price-to-Owner-Earnings falls into.



Mesabi Trust Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Mesabi Trust does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Mesabi Trust Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Mesabi Trust's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Mesabi Trust (Mesabi Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019
Mesabi Trust operates as a royalty trust in the United States. The company involves in the conservation and protection of the assets held. Its principally wholly-owned segment is iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The principal assets of the firm consist of two different interests in certain properties in the Mesabi Iron Range and beneficial interest in the Mesabi Land Trust.
Executives
Robin M. Radke other: Trustee of Mesabi Trust C/O DEUTSCHE BANK TRUST COMPANY AMERICAS, 60 WALL STREET, 16TH FLOOR, NEW YORK NY 10005
Michael P Mlinar other: Trustee of Mesabi Trust 444 WEST ANOKA STREET, DULUTH MN 55803
Robert C. Berglund other: Trustee P.O. BOX 351, CORONA NM 88318
James A Ehrenberg other: Trustee 295 KOPP DRIVE, WEST ST. PAUL MN 55118