Added to YB: 2025-08-18
Pitch date: 2025-08-18
BWMX [bullish]
Betterware de México, S.A.P.I. de C.V.
+32.28%
current return
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their newsletter
Company Info
Betterware de México, S.A.P.I. de C.V. operates as a direct-to-consumer selling company in the United States and Mexico.
Market Cap
$11.6B
Pitch Price
$12.33
Price Target
20.00 (+23%)
Dividend
6.87%
EV/EBITDA
5.73
P/E
9.94
EV/Sales
1.10
Sector
Specialty Retail
Category
value
Five times earnings and back to growth
BWMX: Mexican direct seller at 5-6x earnings. Core Betterware back to associate growth (+3.3% QoQ) first time since Q1 2021; Jafra +13% rev CAGR since 2022. Margins recovering (23-25% target) on stronger peso, lower freight. 9-11% div yield. FV $20-25 (8-10x '26) = 50-90% upside.
Read full article (6 min)