# Betterware de Mexico S.A.P.I. de C.V. (BWMX) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Cyclical / Specialty Retail. Price $15.74, market value $621 million.

## Valuation
- **P/E (trailing): 6.0×** (5-yr avg 0.4×, 3-yr avg 0.5×). Betterware de Mexico S.A.P.I. de C.V. trades at 6.0× trailing earnings, well above its own five-year average of 0.4×: investors are paying up relative to the company's past. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 5.5×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.11**. A PEG of 0.11 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.7×**. Each dollar of revenue is priced at 0.7×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 4.6×**. The shares trade at 4.6× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 5.1×**. Enterprise value is 5.1× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -6.6%** (5-yr avg -168.9%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 16.6%**. The inverse of the P/E: 16.6% of the price is earned each year.

## Profitability
- **Gross margin: 66.1%**. Betterware de Mexico S.A.P.I. de C.V. keeps 66.1% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 16.4%**. 16.4% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 7.4%**. 7.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 77.9%**. A 77.9% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 28.1%**. Return on all capital, debt included, is 28.1%: comfortably above what that capital costs.
- **Return on assets: 13.1%**. Each dollar of assets produces 13.1% of profit.

## Growth
- **Revenue growth (1 yr): 1.0%** (3-yr 7.4%/yr, 5-yr 14.4%/yr). Revenue grew 1.0% over the last year, against 14.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 48.7%** (3-yr 6.7%/yr, 5-yr 23.6%/yr). Earnings per share rose 48.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 3.28**. Debt is 3.28 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 1.5×**. It would take 1.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 5.2×**. Operating profit covers interest 5.2× over, a safe margin.
- **Current ratio: 0.92** (quick 0.45). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 2.46**. A Z-score of 2.46 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 8.06%** ($1.27 per share, trailing). Betterware de Mexico S.A.P.I. de C.V. yields 8.06%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 80%**. 80% of earnings goes out as dividends, leaving a thin cushion.
- **Dividend growth (5 yr): 3.8%/yr** (1-yr -21.8%). The dividend has grown 3.8% a year over five years.

## Price and momentum
- **Total return (1 yr): 20.0%** (YTD 14.9%, 3-mo -13.5%). The shares are up 20.0% over twelve months including dividends.
- **From 52-week high: -20.5%** (27.6% above the low). Trading 20% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.66** (volatility 36%). Beta of 0.66 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BWMX · Page: https://foliofundamentals.com/stocks/bwmx

Not investment advice.