BWMX · NYSE · Specialty Retail

Betterware de México (BWMX)

Runs the Betterware, Jafra and Tupperware brands through direct-selling networks.

$16.75
After hours+0.07 (+0.42%)
At close$16.68(−0.06%)
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Betterware de México, S.A.P.I. de C.V.BWMX
Consumer Discretionary

Sells household-organization products, beauty and personal care through its Betterware and Jafra brands, with Tupperware expanding its Latin American home-products platform. Revenue flows through independent sellers rather than company-owned retail stores.

Operates a direct-selling group centered on Betterware household-organization products, Jafra beauty and personal care, and Tupperware home products. Independent sellers, rather than company-owned stores, carry the brands to consumers. Jafra adds operations in Mexico and the United States, while Tupperware extends the group’s home-products platform across Latin America.

Presented publicly as BeFra, the group combines separate brands with shared capabilities. Its structure now depends on direct-selling distribution and on an exclusive, perpetual Tupperware license across Latin America acquired with the operating assets. The group’s registered office is in Jalisco, Mexico.

Company facts

CEOAndrés Campos Chevallier
ListedMar 13, 2020
ExchangeNYSE
HeadquartersEl Arenal, Mexico
CountryMexico
Employees2,441
CIK0001788257
ISINMX00BW020002

Market cap$621.6M
EPS (ttm)$1.89
P/E (ttm)8.81
ROE73.7%
P/B4.71
P/S0.7216
Dividend yieldDiv yield7.60%
Beta0.55vs XLY 0.17

Price target$19.00+13.8%Average of 3 analysts
ConsensusBuy3 of 3 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Feb 2, 2026Loop Capital MarketsTarget
Target:
Target: $20

Next report
Oct 22, 26
in 30 days
EPS estimate
$0.64
Revenue estimate
$263.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.58$0.20$0.45$0.45$0.37$0.43$0.58Pending
Estimate$0.54$0.41$0.30$0.44$0.55$0.42$0.54$0.64
Surprise+7.0%−51.2%+50.0%+2.3%−32.7%+2.4%+6.6%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$181.2M$169.7M$191.2M$3.38B$212.2M$195.7M$237.7MPending
Estimate$3.78B$3.42B$3.59B$3.87B$213.5M$198.1M$220.3M$263.6M
Surprise−95.2%−95.0%−94.7%−12.7%−0.6%−1.2%+7.9%
Estimate$0.64
ReportedDue Oct 22, 2026
Estimate$263.6M
ReportedDue Oct 22, 2026
View details

Debt to equity341.50%
Current ratio110.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$192.5M$218.5M$202.3M$206.0M$195.3M$219.9M$202.9M$240.6M
Net income−$6.7M$13.4M$8.8M$18.9M$18.2M$15.5M$16.3M$22.8M
Net margin0.0%6.2%4.3%9.2%9.3%7.0%8.0%9.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$3.4M$23.7M$25.1M$33.7M$36.3M$35.5M$30.0M$39.4M
YoY growth−86.5%−43.3%−34.3%+4.4%+962.0%+50.1%+19.7%+17.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $30.1M · Total debt $449.3M · Total assets $860.1M · Shareholders' equity $131.6M

Revenue
$240.6M
Operating income
$39.4M
Net income
$22.8M

Reported in MXN, converted at the latest exchange rate

View details

Dividend yield
7.60%
Next ex-date
Nov 6, 26
estimated · in 45 days
Annual dividend
$1.27
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Dividend$0.3378$0.3212$0.2736$0.2851$0.2912$0.3103$0.3063$0.3613
Annual yield11.65%12.01%13.26%9.69%8.23%6.69%7.30%7.60%
Ex-dateNov 8Mar 18May 12Aug 11Nov 3Mar 9May 12Aug 6
Payment dateNov 15Mar 25May 23Aug 28Nov 20Mar 24May 21Aug 20
View details

Institutions12.91%4.81M ADS
47 holders · as of Jun 30, 2026
Insiders61.41%22.87M ADS
11 holders · as of Sep 17, 2026
Strategic holders6.02%2.24M ADS
1 holder · as of Jun 16, 2026
Other19.66%7.32M ADS
remainder

37.24M ADS as of Aug 26, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Luis CamposInsiderdirector, 10 percent owner, other: Chairman
54.66%20.36M ordinaryfiled Sep 17, 2026
MMBG Investment Advisors Co.Institution
8.76%3.26M ADSas of Jun 30, 2026
Party Products Holdings LLCStrategic
6.02%2.24Mfiled Jun 16, 2026
Jose De Jesus Valdez SimancasInsiderdirector
3.13%1.17M ordinaryfiled Mar 18, 2026
Federico Clariond DomeneInsiderdirector
1.94%722,654 ordinaryfiled Mar 18, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 16, 2026Andres Campos Chevallierdirector, officer: CHIEF EXECUTIVE OFFICER+15,000$16.50
Sep 15, 2026Andres Campos Chevallierdirector, officer: CHIEF EXECUTIVE OFFICER+30,000$16.41
Sep 16, 2026Luis Camposdirector, 10 percent owner, other: Chairman+35,000$16.44
Sep 15, 2026Luis Camposdirector, 10 percent owner, other: Chairman+45,000$16.26
Sep 16, 2026Santiago Campos Chevallierdirector, officer: MD Betterware Mexico+15,000$16.46
View details

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CompareAfter hours

CompanyPriceChange
Betterware de México$16.75+0.42%$621.6M8.87.60.7+24.4%
Herbalife$12.20−0.37%$1.24B7.74.60.2+5.4%
Nu Skin$4.86−0.41%$227.2M5.10.2−17.1%
Newell Brands$5.78+0.09%$2.38B9.00.3+3.1%
USANA Health Sciences$14.78+0.14%$267.5M14.50.3−5.3%
Median7.77.00.3−1.1%