BETTERWARE DE MEXICO SAPI (BM0) - Net Assets
Based on the latest financial reports, BETTERWARE DE MEXICO SAPI (BM0) has net assets worth €1.29 Billion EUR (≈ $1.51 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.10 Billion ≈ $11.81 Billion USD) and total liabilities (€8.81 Billion ≈ $10.30 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. Read BETTERWARE DE MEXICO SAPI (BM0) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.29 Billion |
| % of Total Assets | 12.79% |
| Annual Growth Rate | -1.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.08 |
BETTERWARE DE MEXICO SAPI - Net Assets Trend (2021–2024)
This chart illustrates how BETTERWARE DE MEXICO SAPI's net assets have evolved over time, based on quarterly financial data. Also explore BETTERWARE DE MEXICO SAPI balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for BETTERWARE DE MEXICO SAPI (2021–2024)
The table below shows the annual net assets of BETTERWARE DE MEXICO SAPI from 2021 to 2024. For live valuation and market cap data, see BETTERWARE DE MEXICO SAPI market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 4.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €892.40 Million | 76.64% |
| Other Components | €271.97 Million | 23.36% |
| Total Equity | €1.16 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 |
|---|---|
|
Hefei Kewell Power System Co Ltd
SHG:688551
|
$566.15 Million |
|
Rio2 Ltd
V:RIO
|
$566.25 Million |
|
KraussMaffei Co Ltd
SHG:600579
|
$566.28 Million |
|
Gloria Material Technology
TWO:5009
|
$566.46 Million |
|
Wuhan Langold Real Estate Co Ltd
SHE:002305
|
$565.91 Million |
|
Changzhou Architectural Research Institute Group Co. Ltd. A
SHE:301115
|
$565.84 Million |
|
Il Dong Pharmaceutical Co Ltd
KO:249420
|
$565.84 Million |
|
Duzhe Publishing & Media Corp
SHG:603999
|
$565.57 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 2023 to 2024, total equity changed from 1,464,472,000 to 1,164,370,000, a change of -300,102,000 (-20.5%).
- Net income of 711,728,000 contributed positively to equity growth.
- Dividend payments of 998,054,000 reduced retained earnings.
- Other factors decreased equity by 13,776,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €711.73 Million | +61.13% |
| Dividends Paid | €998.05 Million | -85.72% |
| Other Changes | €-13.78 Million | -1.18% |
| Total Change | €- | -20.49% |
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: 0.46x
- 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 | €14.20 | x |
| 2022-12-31 | €29.37 | €14.20 | x |
| 2023-12-31 | €39.24 | €14.20 | x |
| 2024-12-31 | €31.20 | €14.20 | 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): 61.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.05%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 8.98x
- Recent ROE (61.13%) is below the historical average (89.86%), 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 |
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: $622,656,278
- Average return on equity (ROE) among peers: 8.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BETTERWARE DE MEXICO SAPI (BM0) | €1.29 Billion | 147.75% | 6.82x | $566.11 Million |
| JUMBO SA UNSP.ADR/1 O.N. (5JB1) | $1.33 Billion | 16.31% | 0.35x | $3.23 Billion |
| SEALAND CAP. GA. LS-0001 (7KM) | $-1.58 Million | 0.00% | 0.00x | $765.46K |
| SFD SA ZY -10 (7PQ) | $47.27 Million | 26.53% | 1.19x | $28.55 Million |
| Brüder Mannesmann Aktiengesellschaft (BMM) | $9.70 Million | -9.46% | 2.93x | $4.05 Million |
| Ceconomy AG (CEC) | $4.02 Billion | 5.82% | 4.57x | $2.02 Billion |
| DUFRY AG UNSP.ADR/010 (D2JA) | $966.10 Million | 6.02% | 8.64x | $7.78 Billion |
| Dunelm Group plc (DFQ) | $281.20 Million | 45.84% | 1.73x | $2.00 Billion |
| Douglas AG (DOU) | $-1.29 Billion | 0.00% | 0.00x | $1.12 Billion |
| Mister Spex SE (MRX) | $244.78 Million | -12.87% | 0.33x | $44.94 Million |
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 Staes and Mexico. It operates through two segments, Home Organization Products; and Beauty and Personal Care Products. The Home Organization Products segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; wellnes… Read more