Stocktoria

MESA LABORATORIES INC /CO/ MLAB

Nasdaq · stock · Industrial Instruments For Measurement, Display, and Control · website · IPO 1984-02-29

MESA LABORATORIES INC /CO/ statistics & valuation

Market cap$565.9M
P / E84.3×
P / S2.3×
P / B3.0×
P / FCF14.3×
Dividend yield0.62%
Net margin2.7%
Return on equity3.6%
FCF margin15.9%
Net debt$40.6M
Net debt / EBITDA1.7×
Enterprise value USD$606.4M
EV / EBITDA25.5×
Earnings yield EBIT/EV3.1%
Return on capital5.1%
Graham number -73.2%$30.19

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($30.19); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.40% 1.00% 0.40% -117.60% -0.80% 2.70% 2017201820192020202120222023202420252026
Gross margin (%)
56.80% 56.80% 59.10% 55.50% 65.00% 59.20% 61.00% 61.60% 62.60% 63.50% 2017201820192020202120222023202420252026
Operating margin (%)
17.40% 2.30% 9.50% 6.70% 9.20% 2.60% 1.50% -125.90% 6.80% 7.40% 2017201820192020202120222023202420252026
Return on equity (%)
0.80% 0.50% 0.20% -174.90% -1.20% 3.60% 2017201820192020202120222023202420252026
Shares outstanding
3.8M 3.8M 4.0M 4.4M 5.1M 5.3M 5.4M 5.4M 5.5M 5.6M 2017201820192020202120222023202420252026
Net debt ($)
$49.4M $46.62B $12.8M $43.9M $40.6M 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
0.50% 0.30% 0.10% -56.90% -0.50% 1.60% 2017201820192020202120222023202420252026
Free cash flow margin (%)
23.80% 28.40% 21.70% 26.20% 18.90% 10.70% 19.20% 17.70% 15.90% 2017201820192020202120222023202420252026
Debt / equity (×)
0.56× 469.25× 0.21× 0.45× 0.36× 2017201820192020202120222023202420252026
EPS ($)
$2.91 -$0.79 $1.86 $0.41 $0.64 $0.35 $0.17 -$47.20 -$0.36 $1.21 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

MESA LABORATORIES INC /CO/ trades at about 93.2× earnings — below its 10-year norm (10-year range 32.3×–979.5×, median 127.3×).

32.3× 979.5×

Shaded band = 10-year range (32.3×–979.5×); dot = today's 93.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin63.5%62.6%61.6%61.0%59.2%65.0%55.5%59.1%56.8%56.8%
Operating margin7.4%6.8%-125.9%1.5%2.6%9.2%6.7%9.5%2.3%17.4%
Net margin2.7%-0.8%-117.6%0.4%1.0%2.4%————
FCF margin15.9%17.7%19.2%10.7%18.9%26.2%21.7%28.4%23.8%—
Return on assets1.6%-0.5%-56.9%0.1%0.3%0.5%————
Return on equity3.6%-1.2%-174.9%0.2%0.5%0.8%————
Debt / equity0.36×0.45×—————0.21×469.25×0.56×
Current ratio1.720.632.472.742.599.324.721.421.852.16

Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.