Mexico Equity and Income Fund Inc. (The) Common Stock (MXE)

FairStock Score: 59/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I start with the business: Mexico Equity & Income Fund is a small closed-end balanced fund, managed by Pichardo Asset Management, investing in Mexican equities, fixed income, and some convertibles against Mexbol and MSCI Mexico. The moat is thin; asset management is competitive, and the fund's edge rests on manager skill and the niche Mexico mandate. The supplied FairStock calculations as of the 2026-10-13 close show a $12.74 price, $59.8M market cap, P/E 3.85, P/B 0.78, ROE 22.44%, ROCE 0.89%, dividend yield 1.83%, and beta 0.60. The low price-to-book and 22.44% ROE look attractive, but the 0.89% ROCE is a red flag about capital efficiency. Graham Number is $34.41, giving a 62.98% margin of safety—if the book value and earnings are trustworthy. The Piotroski F-Score of 1/9 is weak, and Altman Z-Score 122.15 is not meaningful for a fund. Growth is unavailable: revenue and profit growth are N/A, and no Lynch category exists because only zero years of filed results are available against a three-year requirement. FairStock Score 59/100 says mixed, not compelling. A 1.83% dividend and 0.60 beta help, but this is a tiny, Mexico-focused closed-end fund with limited filed history. I would want to see stable book value, a narrower price-to-book discount, and improving financial health before calling it a true Graham bargain. Cheapness alone is not enough; I need reliability.

In plain English: This is a small closed-end fund that invests in Mexican stocks and bonds. The figures given make it look cheap compared with its assets and earnings, but its financial-health signals are weak and there is not enough filed history to judge it well. Overall, the price looks inexpensive, but the quality is mixed.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer