Saturday 31 October 2026
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Betterware de Mexico SAPI de C
BWMX Consumer Cyclical Specialty Retail
Betterware de Mexico SAPI de C’s revenue for fiscal 2025 (year ended December 2025) was $743.5 million, down 3.96% from fiscal 2024. In the quarter to June 2026, revenue grew 30.9%, EPS grew 28.9%, free cash flow fell 11.8% and total debt rose 59.3%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
16.82
0.27
−1.58%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Price, $ | |||||||||||||||||
| Price, $ | Low | — | — | — | 9.70 | 5.67 | 18.51 | 6.33 | 6.26 | 10.05 | 7.00 | (5.3%) | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | |
| High | — | — | — | 10.25 | 39.37 | 50.11 | 26.60 | 18.44 | 21.28 | 15.00 | +6.6% | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ||
| People | |||||||||||||||||
| People | Employees | — | — | — | 674 | 1,294 | 1,272 | 2,177 | 2,294 | 2,334 | 2,441 | +23.9% | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | |
| Revenue/emp, $m | — | 0.00 | 0.00 | 0.24 | 0.26 | 0.39 | 0.26 | 0.32 | 0.33 | 0.30 | n/m | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ||
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | — | 77 | 120 | 160 | 341 | 495 | 572 | 735 | 774 | 743 | +32.8% | 952 | 1,090 | 1,131 | +15.0% | |
| Gross margin, % | — | 59.83 | 57.51 | 58.48 | 54.67 | 56.18 | 68.90 | 71.55 | 67.94 | 66.56 | +6.7 pt | ||||||
| EBT | — | 16 | 23 | 37 | 41 | 129 | 69 | 81 | 65 | 90 | +24.0% | ||||||
| EBT margin, % | — | 21.01 | 19.40 | 22.85 | 12.14 | 26.15 | 12.05 | 11.00 | 8.37 | 12.09 | (8.9) pt | ||||||
| Net income | — | 0 | 16 | 25 | 16 | 89 | 43 | 59 | 39 | 55 | n/m | ||||||
| Depreciation | — | 1 | 1 | 2 | 2 | 4 | 14 | 21 | 22 | 20 | +41.3% | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | — | 1.90 | 2.98 | 5.31 | 9.99 | 13.39 | 15.35 | 19.74 | 20.79 | 19.96 | +34.2% | |||||
| Earnings | — | 0.27 | 0.38 | 0.81 | 0.47 | 2.44 | 1.16 | 1.59 | 1.05 | 1.46 | +23.5% | ||||||
| Cash flow | — | 0.30 | 0.33 | 1.04 | 2.51 | 1.95 | 1.88 | 3.59 | 2.65 | 3.13 | +33.9% | ||||||
| Capex | — | 0.00 | 0.00 | (0.31) | (0.82) | (0.52) | (0.20) | (0.17) | (0.02) | 0.00 | n/m | ||||||
| Free cash flow | — | 0.30 | 0.33 | 0.73 | 1.68 | 1.44 | 1.68 | 3.42 | 2.63 | 3.14 | +33.9% | ||||||
| Book value | — | 0.23 | 0.10 | 0.47 | 1.27 | 1.74 | 1.46 | 2.23 | 1.71 | 1.91 | +30.5% | ||||||
| Shares, m | — | 40 | 40 | 30 | 34 | 37 | 37 | 37 | 37 | 37 | (1.0%) | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | — | 15.08 | 15.08 | 13.81 | 76.88 | 8.52 | 5.64 | 8.48 | 10.35 | 9.67 | 18.2 | |||||
| P/S | — | 0.00 | 0.00 | 0.00 | 3.59 | 1.57 | 0.41 | 0.69 | 0.54 | 0.71 | 0.8 | ||||||
| P/B | — | 0.00 | 0.00 | 0.00 | 26.25 | 12.03 | 4.31 | 6.07 | 6.52 | 7.46 | 7.0 | ||||||
| EV/Sales | — | 0.00 | 0.00 | 0.15 | 3.58 | 1.60 | 0.89 | 1.06 | 0.87 | 0.99 | 1.0 | ||||||
| EV/FCF | — | 0.00 | 0.00 | 0.53 | 12.35 | 14.90 | 8.18 | 6.11 | 6.86 | 6.32 | 6.1 | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | — | 12 | 14 | 31 | 85 | 72 | 70 | 134 | 99 | 117 | +32.5% | |||||
| Capex | — | (2) | (1) | (9) | (28) | (19) | (8) | (6) | (1) | 0 | n/m | ||||||
| Free cash flow | — | 12 | 14 | 22 | 57 | 53 | 62 | 127 | 98 | 117 | +32.5% | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | — | 6 | 0 | 0 | 2 | 52 | 61 | 9 | (12) | (18) | n/m | |||||
| Total debt | — | 32 | 33 | 36 | 30 | 75 | 316 | 304 | 278 | 226 | +27.6% | ||||||
| Net debt | — | 20 | 24 | 25 | 0 | 16 | 275 | 273 | 255 | 209 | +33.9% | ||||||
| Shareholders’ equity | — | 9 | 4 | 14 | 43 | 64 | 55 | 83 | 64 | 71 | +29.2% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | — | 15.38 | 41.07 | 29.08 | 10.58 | 37.98 | 10.52 | 9.97 | 6.51 | 10.30 | (5.1) pt | |||||
| ROIC | — | 0.00 | 0.00 | 67.79 | 144.26 | 102.44 | 19.10 | 23.23 | 18.12 | 26.32 | +26.3 pt | ||||||
| ROE | — | 166.27 | 235.48 | 267.61 | 55.19 | 165.25 | 72.90 | 86.08 | 53.14 | 82.16 | (84.1) pt | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Betterware de Mexico SAPI de C vs peers in Specialty Retail (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| EYE National Vision Holdings, Inc. | $1.3B | 26.4× | 23.8× | +2.55% (above 0%: growing) | +45.45% (above 0%: growing) | −133.21% (below 0%: shrinking) | 58.23% | 4.27% | Compare |
| HZO MarineMax, Inc. | $1.2B | 292× | 254× | −6.98% (below 0%: shrinking) | n/m | +0.54% (above 0%: growing) | 35.68% | 6.09% | Compare |
| WINA Winmark Corporation | $1.0B | 24.4× | 25.7× | +23.23% (above 0%: growing) | +5.22% (above 0%: growing) | +3.89% (above 0%: growing) | 82.89% | 56.60% | Compare |
| WOOF Petco Health and Wellness Company, Inc. | $741.8M | 23.6× | 15.9× | +0.05% (above 0%: growing) | +180.00% (above 0%: growing) | +136.50% (above 0%: growing) | 39.70% | 3.21% | Compare |
| BWMX Betterware de Mexico SAPI de C | $674.8M | 9.2× | 7.8× | +30.92% (above 0%: growing) | +28.89% (above 0%: growing) | −11.82% (below 0%: shrinking) | 65.49% | 16.37% | |
| BNED Barnes & Noble Education, Inc | $440.9M | 19.5× | 14.3× | +0.85% (above 0%: growing) | n/m | +20.94% (above 0%: growing) | 19.63% | (5.94%) | Compare |
| ARKO ARKO Corp. | $424.1M | 46.9× | 34.5× | +17.39% (above 0%: growing) | −75.00% (below 0%: shrinking) | −8.34% (below 0%: shrinking) | 12.68% | 1.29% | Compare |
| EVGO EVgo Inc. | $390.0M | — (loss-making) | — (loss-making) | −15.69% (below 0%: shrinking) | n/m | −232.84% (below 0%: shrinking) | 8.88% | (48.58%) | Compare |
| QVCG QVC Group Inc. | $379.0M | — | — | −11.04% (below 0%: shrinking) | — | +530.77% (above 0%: growing) | 34.05% | 3.51% | Compare |
| Median of peers | $591.4M | 25.4× | 24.8× | +0.45% | +25.34% | +2.22% | 34.87% | 3.36% |