MESA LABORATORIES INC /CO/ (MLAB)

Industrial Instruments For Measurement, Display, and Control

Latest Price

$127.15

TTM P/E

Normalized P/E

Div Yield

0.38%

Book Value

33.37

P/B Ratio

3.81

Valuation metrics

EPS: $1.21

Book value / share: $33.71

Formula: √(22.5 × EPS × BVPS)

Graham Number

$30.29

76% downside

Norm. op. income: $7M (median of 7yr)

Tax rate: 45%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$0.12

100% downside

Base FCF: $40M (median of recent 5yr)

Growth: 1%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$82.27

35% downside

EPS: $1.21

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$18.15

86% downside

83.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Long Path Partners LP	477.1K	$47.0M	8.53%	+71.5K	2026-06-30
BlackRock, Inc.	440.6K	$43.0M	7.87%	+46.7K	2026-06-30
Boston Partners	265.1K	$26.0M	4.74%	-3.6K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	237.5K	$23.0M	4.24%	+4.8K	2026-06-30
AQR CAPITAL MANAGEMENT LLC	203.7K	$20.0M	3.64%	+33.2K	2026-06-30
Ranger Investment Management, L.P.	174.0K	$17.0M	3.11%	-28.9K	2026-06-30
MORGAN STANLEY	157.0K	$15.0M	2.81%	-5.1K	2026-06-30
RAYMOND JAMES FINANCIAL INC	149.9K	$14.0M	2.68%	+27.0K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	148.4K	$14.0M	2.65%	+23.8K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	139.7K	$13.0M	2.50%	+11.7K	2026-06-30