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Added to YB: 2025-01-10

Pitch date: 2025-01-09

BWMX [bullish]

Betterware de México, S.A.P.I. de C.V.

+42.83%

current return

Author Info

Company Info

Betterware de México, S.A.P.I. de C.V. operates as a direct-to-consumer selling company in the United Staes and Mexico.

Market Cap

$9.9B

Pitch Price

$9.86

Price Target

N/A

Dividend

10.12%

EV/EBITDA

4.74

P/E

9.69

EV/Sales

1.04

Sector

Specialty Retail

Category

value

Show full summary:
BWMX: A Value Opportunity with Robust Margins and Expansion Plans

BWMX: Direct seller in Mexico, 2 segments: home org & beauty. 70% GM, low OpEx, 1% CapEx. Strong FCF, high ROIC. Trades at <3x EV/EBITDA, 5x FCFE, 12% yield. Post-COVID normalization. JAFRA acq at 4.2x EBITDA. US/LatAm expansion planned. Risks: FX, supply chain, competition. 54% insider ownership.

Read full article (3 min)