Discounted Cash Flow

Betterware DE Mexico, S.A.p.i. DE C.v Foreign

BWMX · Based on 10 years of SEC filings · Converted from MXN to USD

⚠ Cash flow predictability 63/100 (moderate) — FCF YoY std dev 49%, net income 60% (full history)

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2017 $85.8m $12.3m $22.0m 14.3%
2018 $137.1m (59.8%) $26.6m (116.4%) $20.0m (-9.3%) 19.4% (35.4%) $9.91
2019 $182.5m (33.1%) $41.7m (56.8%) $35.8m (79.0%) 22.8% (17.8%) $15.63 (57.7%)
2020 $428.2m (134.6%) $17.7m (-57.7%) $107.8m (201.0%) 4.1% (-82.0%) $8.76 (-44.0%)
2021 $429.5m (0.3%) $106.8m (504.7%) $107.8m (0.0%) 24.9% (502.8%) $9.93 (13.4%)
2022 $680.8m (58.5%) $51.6m (-51.6%) $73.0m (-32.3%) 7.6% (-69.5%) $23.42 (135.9%)
2023 $769.6m (13.1%) $62.1m (20.3%) $132.3m (81.2%) 8.1% (6.4%) $28.18 (20.3%)
2024 $834.2m (8.4%) $42.1m (-32.2%) $95.0m (-28.2%) 5.0% (-37.4%) $19.11 (-32.2%)
2025 $842.6m (1.0%) $62.8m (49.0%) $125.6m (32.2%) 7.4% (47.6%) $28.48 (49.0%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in MXN. Values above are converted to USD for comparison with the US-listed share price.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model