Betterware de México, S.A.P.I. de C.V.
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
Betterware de México, S.A.P.I. de C.V. (BWMX) - Net Assets
Latest net assets as of September 2025: $1.29 Billion USD
Based on the latest financial reports, Betterware de México, S.A.P.I. de C.V. (BWMX) has net assets worth $1.29 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) and total liabilities ($8.81 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.29 Billion |
| % of Total Assets | 12.79% |
| Annual Growth Rate | 30.66% |
| 5-Year Change | 31.82% |
| 10-Year Change | N/A |
| Growth Volatility | 110.64 |
Betterware de México, S.A.P.I. de C.V. - Net Assets Trend (2017–2024)
This chart illustrates how Betterware de México, S.A.P.I. de C.V.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Betterware de México, S.A.P.I. de C.V. (2017–2024)
The table below shows the annual net assets of Betterware de México, S.A.P.I. de C.V. from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.16 Billion | -21.07% |
| 2023-12-31 | $1.47 Billion | +38.10% |
| 2022-12-31 | $1.07 Billion | -19.71% |
| 2021-12-31 | $1.33 Billion | +50.62% |
| 2020-12-31 | $881.98 Million | +221.32% |
| 2019-12-31 | $274.48 Million | +241.97% |
| 2018-12-31 | $80.26 Million | -55.10% |
| 2017-12-31 | $178.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Betterware de México, S.A.P.I. de C.V.'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 3463.0% 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% |
| Common Stock | $321.31 Million | 27.60% |
| Other Comprehensive Income | $-24.08 Million | -2.07% |
| Total Equity | $1.16 Billion | 100.00% |
Betterware de México, S.A.P.I. de C.V. Competitors by Market Cap
The table below lists competitors of Betterware de México, S.A.P.I. de C.V. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yantai Longyuan Power Tech
SHE:300105
|
$296.51 Million |
|
Henan Lantian Gas Co Ltd
SHG:605368
|
$296.54 Million |
|
SG Fleet Group Ltd
AU:SGF
|
$296.64 Million |
|
Shenmao Technology Inc
TW:3305
|
$296.69 Million |
|
Semapa
LS:SEM
|
$296.44 Million |
|
Newtek Business Services Corp
NASDAQ:NEWT
|
$296.39 Million |
|
CapitaLand Malaysia Mall Trust
KLSE:5180
|
$296.36 Million |
|
Delcath Systems Inc
NASDAQ:DCTH
|
$296.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Betterware de México, S.A.P.I. de C.V.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,474,646,000 to 1,164,370,000, a change of -310,276,000 (-21.0%).
- Net income of 711,728,000 contributed positively to equity growth.
- Dividend payments of 998,054,000 reduced retained earnings.
- Other comprehensive income increased equity by 11,488,000.
- Other factors decreased equity by 35,438,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $711.73 Million | +61.13% |
| Dividends Paid | $998.05 Million | -85.72% |
| Other Comprehensive Income | $11.49 Million | +0.99% |
| Other Changes | $-35.44 Million | -3.04% |
| Total Change | $- | -21.04% |
Book Value vs Market Value Analysis
This analysis compares Betterware de México, S.A.P.I. de C.V.'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: 0.55x
- 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.
- The price-to-book ratio has decreased from 0.80x to 0.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $21.61 | $17.31 | x |
| 2018-12-31 | $2.33 | $17.31 | x |
| 2019-12-31 | $7.97 | $17.31 | x |
| 2020-12-31 | $25.65 | $17.31 | x |
| 2021-12-31 | $35.19 | $17.31 | x |
| 2022-12-31 | $30.99 | $17.31 | x |
| 2023-12-31 | $39.57 | $17.31 | x |
| 2024-12-31 | $31.20 | $17.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Betterware de México, S.A.P.I. de C.V. 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 (130.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 116.16% | 14.33% | 1.13x | 7.20x | $189.80 Million |
| 2018 | 372.85% | 12.92% | 1.59x | 18.16x | $291.24 Million |
| 2019 | 172.01% | 15.31% | 1.72x | 6.52x | $444.69 Million |
| 2020 | 33.84% | 4.12% | 1.66x | 4.94x | $210.25 Million |
| 2021 | 133.32% | 17.40% | 1.87x | 4.10x | $1.62 Billion |
| 2022 | 81.89% | 7.58% | 1.01x | 10.68x | $766.01 Million |
| 2023 | 71.17% | 8.07% | 1.17x | 7.52x | $902.00 Million |
| 2024 | 61.13% | 5.05% | 1.35x | 8.98x | $595.29 Million |
Industry Comparison
This section compares Betterware de México, S.A.P.I. de C.V.'s net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Betterware de México, S.A.P.I. de C.V. (BWMX) | $1.29 Billion | 116.16% | 6.82x | $296.46 Million |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |