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Morphic Ethical Equity FundASX:MEC 63 3-Year Book Growth Rate is 7.40% as of Jun. 2026, which is 335% above its 10-year median of 1.70. GuruFocus rates ASX:MEC with a GF Score™ of 63/100 and a GF Value™ of A$2.12 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,538 Asset Management companies, Morphic Ethical Equity Fund ranks better than 69.77% on this metric.
During the past 12 months, Morphic Ethical Equity Fund's average Book Value per Share Growth Rate was 18.40% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 7.40% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 2.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 8 years, the highest 3-Year average Book Value per Share Growth Rate of Morphic Ethical Equity Fund was 7.40% per year. The lowest was -3.30% per year. And the median was 1.70% per year.
Morphic Ethical Equity Fund (ASX:MEC) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Morphic Ethical Equity Fund 3-Year Book Growth Rate Related Terms
ASX:MEC vs BLK, BX, KKR: 3-Year Book Growth Rate Comparison
For the Asset Management subindustry, Morphic Ethical Equity Fund's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Morphic Ethical Equity Fund 3-Year Book Growth Rate vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Morphic Ethical Equity Fund's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Morphic Ethical Equity Fund's 3-Year Book Growth Rate falls into.
Morphic Ethical Equity Fund 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 7.40% mean?
Morphic Ethical Equity Fund (ASX:MEC) has a 3-Year Book Growth Rate of 7.40% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Morphic Ethical Equity Fund and its competitors. This is 335% above median its historical median of 1.70. According to the industry distribution chart, Morphic Ethical Equity Fund ranks #465 out of 1538 companies in the Asset Management industry, placing it in the top 30.2%.
Is Morphic Ethical Equity Fund's 3-Year Book Growth Rate too high?
Morphic Ethical Equity Fund's current 3-Year Book Growth Rate of 7.40% is 335% above median its 10-year median of 1.70. The Asset Management industry median 3-Year Book Growth Rate is 2.10. Morphic Ethical Equity Fund's value of 7.40% is 252.4% above this industry median. Based on the distribution chart, Morphic Ethical Equity Fund ranks #465 out of 1538 companies in the Asset Management industry, which is above the industry midpoint. Overall, Morphic Ethical Equity Fund has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morphic Ethical Equity Fund's 3-Year Book Growth Rate compare to BLK and BX?
According to the Asset Management industry distribution chart, Morphic Ethical Equity Fund ranks #465 out of 1538 companies for 3-Year Book Growth Rate. This puts Morphic Ethical Equity Fund in the upper half of its industry. The industry median 3-Year Book Growth Rate is 2.10. Morphic Ethical Equity Fund's value of 7.40% is 252.4% above this benchmark. While the company's 10-year median is 1.70 vs. the industry median of 2.10, Morphic Ethical Equity Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Asset Management company?
The median 3-Year Book Growth Rate among Asset Management companies is 2.10, based on 1,538 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morphic Ethical Equity Fund's current 3-Year Book Growth Rate of 7.40% is 252.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Morphic Ethical Equity Fund and its competitors. For the Asset Management industry, the median 3-Year Book Growth Rate is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morphic Ethical Equity Fund's current 3-Year Book Growth Rate is 7.40%, which is 335% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morphic Ethical Equity Fund stock overvalued right now?
Based on GuruFocus' analysis, Morphic Ethical Equity Fund (ASX:MEC) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.12, compared to a current price of A$1.20 — trading 43.6% below its estimated fair value. The current 3-Year Book Growth Rate is 7.40%, which is 335% above median its 10-year median of 1.70 and 252.4% above the Asset Management industry median of 2.10. Morphic Ethical Equity Fund's overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Morphic Ethical Equity Fund (ASX:MEC), the current 3-Year Book Growth Rate is 7.40% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Morphic Ethical Equity Fund (ASX:MEC) Overvalued in 2026?
Based on GuruFocus' analysis, Morphic Ethical Equity Fund stock appears to be undervalued.
The current stock price of A$1.20 is trading 43.6% below its estimated GF Value™ of A$2.12.
GuruFocus considers Morphic Ethical Equity Fund to be Significantly Undervalued.
Key valuation signals for ASX:MEC:
3-Year Book Growth Rate: 7.40% (335% above median its 10-year median of 1.70)
GF Value™: A$2.12 vs. price of A$1.20 (43.6% below fair value)
Industry Position: 252.4% above the Asset Management median (#465 of 1538)
No single metric tells the full story. See the ASX:MEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morphic Ethical Equity Fund Ltd is an investment company. Its investment objective is to provide superior risk-adjusted returns to shareholders, comprising a combination of capital growth and income, thus allowing franked dividends to be paid to shareholders when prudent, and provided the company has sufficient profit reserves and franking credits available. The company invests in a portfolio of internationally listed securities screened to exclude entities involved in environmentally damaging activities (including coal and uranium, mining and oil and gas), intensive farming and aquaculture, tobacco, armaments, alcohol, and gambling. It earns revenue from dividend income, interest income, and other returns from the investment portfolio.
63GF Score
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