BETTERWARE DE MEXICO SAPI (BM0) - Net Assets
Based on the latest financial reports, BETTERWARE DE MEXICO SAPI (BM0) has net assets worth €1.48 Billion EUR (≈ $1.73 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.77 Billion ≈ $11.43 Billion USD) and total liabilities (€8.29 Billion ≈ $9.69 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BM0 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.48 Billion |
| % of Total Assets | 15.18% |
| Annual Growth Rate | 2.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 20.9 |
BETTERWARE DE MEXICO SAPI - Net Assets Trend (2021–2025)
This chart illustrates how BETTERWARE DE MEXICO SAPI's net assets have evolved over time, based on quarterly financial data. See BETTERWARE DE MEXICO SAPI defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for BETTERWARE DE MEXICO SAPI (2021–2025)
The table below shows the annual net assets of BETTERWARE DE MEXICO SAPI from 2021 to 2025. For live valuation and market cap data, see BETTERWARE DE MEXICO SAPI market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €1.34 Billion ≈ $1.57 Billion |
+15.51% |
| 2024-12-31 | €1.16 Billion ≈ $1.36 Billion |
-20.52% |
| 2023-12-31 | €1.46 Billion ≈ $1.71 Billion |
+33.32% |
| 2022-12-31 | €1.10 Billion ≈ $1.28 Billion |
-8.58% |
| 2021-12-31 | €1.20 Billion ≈ $1.40 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to BETTERWARE DE MEXICO SAPI's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 26.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.08 Billion | 80.63% |
| Other Components | €260.49 Million | 19.37% |
| Total Equity | €1.34 Billion | 100.00% |
BETTERWARE DE MEXICO SAPI Competitors by Market Cap
The table below lists competitors of BETTERWARE DE MEXICO SAPI ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HAIT.UT.INT.FIN.L. H YC 1
F:HA6
|
$521.62 Million |
|
Xiamen Red Phase Instruments Inc
SHE:300427
|
$521.63 Million |
|
Shanghai Canature Environmental
SHE:300272
|
$521.65 Million |
|
Third Coast Bancshares, Inc.
NASDAQ:TCBX
|
$521.86 Million |
|
Aju IB Investment Co. Ltd
KQ:027360
|
$521.32 Million |
|
Itcen Co. Ltd
KQ:124500
|
$521.30 Million |
|
Pepper Money Ltd
AU:PPM
|
$521.27 Million |
|
Compania General de Electricidad SA
SN:CGE
|
$521.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BETTERWARE DE MEXICO SAPI's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,164,370,000 to 1,344,745,000, a change of 180,375,000 (15.5%).
- Net income of 1,060,753,000 contributed positively to equity growth.
- Dividend payments of 850,000,000 reduced retained earnings.
- Other factors decreased equity by 30,378,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.06 Billion | +78.88% |
| Dividends Paid | €850.00 Million | -63.21% |
| Other Changes | €-30.38 Million | -2.26% |
| Total Change | €- | 15.49% |
Book Value vs Market Value Analysis
This analysis compares BETTERWARE DE MEXICO SAPI's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.41x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €31.77 | €14.90 | x |
| 2022-12-31 | €29.37 | €14.90 | x |
| 2023-12-31 | €39.24 | €14.90 | x |
| 2024-12-31 | €31.20 | €14.90 | x |
| 2025-12-31 | €36.11 | €14.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BETTERWARE DE MEXICO SAPI utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 78.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.45%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 7.14x
- Recent ROE (78.88%) is below the historical average (87.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 147.75% | 17.40% | 1.94x | 4.37x | €1.63 Billion |
| 2022 | 79.61% | 7.58% | 1.02x | 10.34x | €762.95 Million |
| 2023 | 70.97% | 7.99% | 1.17x | 7.58x | €892.84 Million |
| 2024 | 61.13% | 5.05% | 1.35x | 8.98x | €595.29 Million |
| 2025 | 78.88% | 7.45% | 1.48x | 7.14x | €926.28 Million |
Industry Comparison
This section compares BETTERWARE DE MEXICO SAPI's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $1,282,347,610
- Average return on equity (ROE) among peers: 13.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BETTERWARE DE MEXICO SAPI (BM0) | €1.48 Billion | 147.75% | 5.59x | $521.41 Million |
| BAPCOR LTD. (0BS) | $894.34 Million | -17.70% | 1.13x | $163.60 Million |
| JUMBO SA UNSP.ADR/1 O.N. (5JB1) | $1.33 Billion | 16.31% | 0.35x | $3.23 Billion |
| TERACT EO 1 (6O8) | $142.10 Million | 24.42% | 5.60x | $206.71 Million |
| SEALAND CAP. GA. LS-0001 (7KM) | $-1.58 Million | 0.00% | 0.00x | $654.74K |
| SFD SA ZY -10 (7PQ) | $49.49 Million | 12.64% | 1.46x | $24.75 Million |
| Brüder Mannesmann Aktiengesellschaft (BMM) | $10.65 Million | 19.12% | 2.89x | $4.28 Million |
| Ceconomy AG (CEC) | $6.44 Billion | 9.80% | 4.28x | $1.86 Billion |
| DUFRY AG UNSP.ADR/010 (D2JA) | $2.50 Billion | 3.49% | 5.62x | $7.78 Billion |
| Dunelm Group plc (DFQ) | $185.80 Million | 54.52% | 1.24x | $2.21 Billion |
About BETTERWARE DE MEXICO SAPI
Betterware de México, S.A.P.I. de C.V. operates as a direct-to-consumer selling company in the United States and Mexico. It operates through Home Organization Products; and Beauty and Personal Care Products segments. The Home Organization Products segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; wellness; a… Read more