Mexico Equity & Income Fund Inc. (MXE)
Financial Services · NYQ
Fundamentals
Valuation and ratings
Mexico Equity & Income Fund Inc. trades at USD13.08, which is 120% below the USD28.78 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 80 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 2.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MXE dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2025 | USD0.234 | 1 |
| 2024 | USD0.298 | 1 |
| 2023 | USD0.301 | 1 |
| 2019 | USD0.120 | 1 |
| 2018 | USD0.001 | 1 |
| 2017 | USD0.048 | 1 |
| 2015 | USD0.560 | 1 |
| 2014 | USD0.006 | 1 |
| 2013 | USD2.13 | 1 |
| 2012 | USD0.190 | 1 |
| 2010 | USD0.023 | 1 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About Mexico Equity & Income Fund Inc.
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. The fund invests in the stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the Mexbol and MSCI Mexico Index. Mexico Equity & Income Fund Inc. was formed on May 24, 1990 and is domiciled in the United States.
MXE passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Mexico Equity & Income Fund Inc. (MXE) undervalued?
Against our discounted cash flow estimate of USD28.78, MXE at USD13.08 is 120% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is MXE's P/E ratio?
MXE trades at 2.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Mexico Equity & Income Fund Inc. (MXE) pay a dividend?
Yes. Mexico Equity & Income Fund Inc. yields 1.79% at the current share price. It has paid USD0.234 per share over the trailing twelve months. It has paid a dividend in each of the last 3 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.