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Mexico Equity andome FundMXE +0.15%34 Return-on-Tangible-Asset is 39.91% as of Jan. 2026. GuruFocus rates MXE with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 1,633 Asset Management companies, Mexico Equity andome Fund ranks better than 96.2% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Mexico Equity andome Fund's annualizedNet Income for the quarter that ended in Jan. 2026 was $25.67 Mil. Mexico Equity andome Fund's average total tangible assets for the quarter that ended in Jan. 2026 was $64.31 Mil. Therefore, Mexico Equity andome Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 39.91%.
The historical rank and industry rank for Mexico Equity andome Fund's Return-on-Tangible-Asset or its related term are showing as below:
MXE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.69 Med: -1.01 Max: 44.75
Current: 36.45
During the past 10 years, Mexico Equity andome Fund's highest Return-on-Tangible-Asset was 44.75%. The lowest was -19.69%. And the median was -1.01%.
MXE's Return-on-Tangible-Asset is ranked better than 96.2% of 1633
companies
in the Asset Management industry
Industry Median: 4.24
vs MXE: 36.45
Mexico Equity andome Fund (NYSE:MXE) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Mexico Equity andome Fund Return-on-Tangible-Asset Related Terms
Mexico Equity andome Fund Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mexico Equity andome Fund's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mexico Equity andome Fund Return-on-Tangible-Asset Chart
MXE vs CCIF, RSF, JMM: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Mexico Equity andome Fund's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Mexico Equity andome Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Mexico Equity andome Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mexico Equity andome Fund's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 39.91% mean?
Mexico Equity andome Fund (MXE) has a Return-on-Tangible-Asset of 39.91% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mexico Equity andome Fund and its competitors. According to the industry distribution chart, Mexico Equity andome Fund ranks #62 out of 1633 companies in the Asset Management industry, placing it in the top 3.8%.
Is Mexico Equity andome Fund's Return-on-Tangible-Asset too high?
Mexico Equity andome Fund's current Return-on-Tangible-Asset is 39.91%. The Asset Management industry median Return-on-Tangible-Asset is 4.24. Mexico Equity andome Fund's value of 39.91% is 841.3% above this industry median. Based on the distribution chart, Mexico Equity andome Fund ranks #62 out of 1633 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Mexico Equity andome Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Mexico Equity andome Fund's Return-on-Tangible-Asset compare to CCIF and RSF?
According to the Asset Management industry distribution chart, Mexico Equity andome Fund ranks #62 out of 1633 companies for Return-on-Tangible-Asset. This places Mexico Equity andome Fund in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.24. Mexico Equity andome Fund's value of 39.91% is 841.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.24, based on 1,633 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mexico Equity andome Fund's current Return-on-Tangible-Asset of 39.91% is 841.3% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mexico Equity andome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mexico Equity andome Fund's current Return-on-Tangible-Asset is 39.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mexico Equity andome Fund stock overvalued right now?
Mexico Equity andome Fund (MXE) has a current Return-on-Tangible-Asset of 39.91%. The current Return-on-Tangible-Asset is 39.91% and 841.3% above the Asset Management industry median of 4.24. Mexico Equity andome Fund's overall GF Score™ is 34/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Mexico Equity andome Fund (MXE), the current Return-on-Tangible-Asset is 39.91% as of Jan. 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.
Mexico Equity and Income Fund Inc. is a closed-end, non-diversified management investment company that aims for long-term capital appreciation and current income. It prominently invests in equity, convertible securities, and debt issued by Mexican companies, operating across various sectors. The fund benchmarks its performance against the Mexbol and MSCI Mexico Index. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
34GF Score
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