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Mexico Equity & Income Fund NYSE:MXE Stock Report

Last Price

US$11.00

Market Cap

US$47.3m

7D

2.3%

1Y

11.1%

Updated

23 Apr, 2024

Data

Company Financials

Mexico Equity & Income Fund Inc.

NYSE:MXE Stock Report

Market Cap: US$47.3m

MXE Stock Overview

Mexico Equity & Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, S.A.

MXE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends3/6

Mexico Equity & Income Fund Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Mexico Equity & Income Fund
Historical stock prices
Current Share PriceUS$11.00
52 Week HighUS$11.63
52 Week LowUS$8.40
Beta1.03
1 Month Change-2.91%
3 Month Change2.61%
1 Year Change11.11%
3 Year Change-0.99%
5 Year Change-1.79%
Change since IPO-6.38%

Recent News & Updates

MXE's Rights Offering Concludes

Nov 04

Recent updates

MXE's Rights Offering Concludes

Nov 04

Shareholder Returns

MXEUS Capital MarketsUS Market
7D2.3%-0.7%-3.2%
1Y11.1%23.2%19.3%

Return vs Industry: MXE underperformed the US Capital Markets industry which returned 23.2% over the past year.

Return vs Market: MXE underperformed the US Market which returned 19.3% over the past year.

Price Volatility

Is MXE's price volatile compared to industry and market?
MXE volatility
MXE Average Weekly Movement2.2%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: MXE has not had significant price volatility in the past 3 months.

Volatility Over Time: MXE's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990n/aJerry Hellermanwww.mxefund.com/about.html

Mexico Equity & Income Fund Inc. is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, S.A. de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities.

Mexico Equity & Income Fund Inc. Fundamentals Summary

How do Mexico Equity & Income Fund's earnings and revenue compare to its market cap?
MXE fundamental statistics
Market capUS$47.32m
Earnings (TTM)US$8.33m
Revenue (TTM)US$2.30m

5.8x

P/E Ratio

21.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MXE income statement (TTM)
RevenueUS$2.30m
Cost of RevenueUS$0
Gross ProfitUS$2.30m
Other Expenses-US$6.03m
EarningsUS$8.33m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.89
Gross Margin100.00%
Net Profit Margin362.76%
Debt/Equity Ratio0%

How did MXE perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

16%

Payout Ratio
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