The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C.
Share Price & News
How has Mexico Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MXF has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: MXF underperformed the US Capital Markets industry which returned 17.9% over the past year.
Return vs Market: MXF underperformed the US Market which returned 19.3% over the past year.
Price Volatility Vs. Market
How volatile is Mexico Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Mexico Fund undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MXF's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MXF's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MXF is good value based on its PE Ratio (17.1x) compared to the Capital Markets industry average (35.3x).
PE vs Market: MXF is good value based on its PE Ratio (17.1x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MXF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MXF is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (6.8x).
How is Mexico Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mexico Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Mexico Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MXF has a large one-off gain of $8.1M impacting its October 31 2019 financial results.
Growing Profit Margin: MXF became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MXF has become profitable over the past 5 years, growing earnings by 14.4% per year.
Accelerating Growth: MXF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MXF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).
Return on Equity
High ROE: MXF's Return on Equity (5.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Mexico Fund's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: MXF has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MXF's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MXF is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if MXF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Financial Institutions Analysis
Asset Level: MXF's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if MXF has a sufficient allowance for bad loans.
Low Risk Liabilities: MXF reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if MXF has an acceptable proportion of non-loan assets held.
Low Risk Deposits: MXF has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if MXF has an appropriate level of bad loans.
What is Mexico Fund's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MXF's dividend (7.08%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: MXF's dividend (7.08%) is in the top 25% of dividend payers in the US market (3.71%)
Stability and Growth of Payments
Stable Dividend: MXF's dividend payments have been volatile in the past 10 years.
Growing Dividend: MXF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (121%), MXF's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mexico Fund has no CEO, or we have no data on them.
|Independent Director||14.1yrs||US$54.10k||0.33% $700.8k|
|Independent Director||39.1yrs||US$47.73k||1.31% $2.8m|
|Independent Director||6.9yrs||US$47.73k||0.031% $65.8k|
|Independent Director||23.1yrs||US$47.73k||0.083% $175.9k|
|Interested Director||31.1yrs||US$22.00k||no data|
|Independent Director||8.2yrs||US$47.73k||0.040% $85.4k|
Experienced Board: MXF's board of directors are seasoned and experienced ( 18.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Mexico Fund, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: The Mexico Fund, Inc.
- Ticker: MXF
- Exchange: NYSE
- Founded: 1981
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$211.874m
- Shares outstanding: 15.01m
- Website: https://www.themexicofund.com
- The Mexico Fund, Inc.
- 77 Aristóteles Street
- 3rd Floor
- Mexico City
- Distrito Federal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MXF||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jun 1981|
The Mexico Fund, Inc. is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc. was formed in June 01, 1981 and is domiciled in Maryland, United States.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 00:59|
|End of Day Share Price||2020/02/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.