BWMX (Betterware de MexicoPI de CV) Altman Z2-Score: 1.95 (As of Jun. 26, 2026) — Near Median


BWMX Betterware de Mexico SAPI de CV BWMX
90 GF Score
Price $17.86
GF Value $16.00
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Betterware de MexicoPI de CV Altman Z2-Score?

Betterware de MexicoPI de CV BWMX +3.00% 90 Altman Z2-Score is 1.95 as of Jun. 26, 2026, which is 2% below its 10-year median of 1.98. GuruFocus rates BWMX with a GF Score™ of 90/100 and a GF Value™ of $16.00 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,122 Retail - Cyclical companies, Betterware de MexicoPI de CV ranks worse than 62.83% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Betterware de MexicoPI de CV has a Altman Z2-Score of 1.95, indicating it is in Grey Zones. This implies that Betterware de MexicoPI de CV is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Betterware de MexicoPI de CV's Altman Z2-Score or its related term are showing as below:

BWMX' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.12   Med: 1.98   Max: 5.51
Current: 1.93

During the past 9 years, Betterware de MexicoPI de CV's highest Altman Z2-Score was 5.51. The lowest was 1.12. And the median was 1.98.


Betterware de MexicoPI de CV  (NYSE:BWMX) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Betterware de MexicoPI de CV Altman Z2-Score Related Terms


Betterware de MexicoPI de CV Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Betterware de MexicoPI de CV's Altman Z2-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Betterware de MexicoPI de CV Altman Z2-Score Chart

Betterware de MexicoPI de CV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only 5.51 2.16 1.94 1.57 1.84

Betterware de MexicoPI de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.16 1.20 1.60 1.84 1.93

BWMX vs HZO, BBW, ARKO: Altman Z2-Score Comparison

For the Specialty Retail subindustry, Betterware de MexicoPI de CV's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Betterware de MexicoPI de CV Altman Z2-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Betterware de MexicoPI de CV's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Betterware de MexicoPI de CV's Altman Z2-Score falls into.


BWMX
90GF Score
Betterware de Mexico SAPI de CV BWMX
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Betterware de MexicoPI de CV Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Betterware de MexicoPI de CV's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*-0.0346+3.26*0.1211+6.72*0.2375+1.05*0.1792
=1.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $542.0 Mil.
Total Current Assets was $232.7 Mil.
Total Current Liabilities was $251.4 Mil.
Retained Earnings was $65.7 Mil.
Pre-Tax Income was 23.239 + 28.16 + 27.348 + 23.015 = $101.8 Mil.
Interest Expense was -5.529 + -6.599 + -7.191 + -7.662 = $-27.0 Mil.
Total Liabilities was $459.8 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(232.698 - 251.432)/542.022
=-0.0346

X2=Retained Earnings/Total Assets
=65.662/542.022
=0.1211

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(101.762 - -26.981)/542.022
=0.2375

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(82.367 - 0)/459.755
=0.1792

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Betterware de MexicoPI de CV has a Altman Z2-Score of 1.95 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.95 mean?
Betterware de MexicoPI de CV (BWMX) has a Altman Z2-Score of 1.95 as of Jun. 26, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Betterware de MexicoPI de CV and its competitors. This is near median its historical median of 1.98. Over the past decade, Betterware de MexicoPI de CV's Altman Z2-Score has ranged from 1.12 to 5.51. According to the industry distribution chart, Betterware de MexicoPI de CV ranks #705 out of 1122 companies in the Retail - Cyclical industry, placing it in the top 62.8%.
Is Betterware de MexicoPI de CV's Altman Z2-Score too high?
Betterware de MexicoPI de CV's current Altman Z2-Score of 1.95 is near median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 5.51. The Retail - Cyclical industry median Altman Z2-Score is 2.96. Betterware de MexicoPI de CV's value of 1.95 is 34% below this industry median. Based on the distribution chart, Betterware de MexicoPI de CV ranks #705 out of 1122 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Betterware de MexicoPI de CV has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Betterware de MexicoPI de CV's Altman Z2-Score compare to HZO and BBW?
According to the Retail - Cyclical industry distribution chart, Betterware de MexicoPI de CV ranks #705 out of 1122 companies for Altman Z2-Score. This places Betterware de MexicoPI de CV in the lower half of its industry. The industry median Altman Z2-Score is 2.96. Betterware de MexicoPI de CV's value of 1.95 is 34% below this benchmark. Historically, Betterware de MexicoPI de CV's own Altman Z2-Score has ranged from 1.12 to 5.51 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.96, Betterware de MexicoPI de CV has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a Retail - Cyclical company?
The median Altman Z2-Score among Retail - Cyclical companies is 2.96, based on 1,122 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Betterware de MexicoPI de CV's current Altman Z2-Score of 1.95 is 34% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Betterware de MexicoPI de CV and its competitors. For the Retail - Cyclical industry, the median Altman Z2-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Betterware de MexicoPI de CV's current Altman Z2-Score is 1.95, which is near median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Betterware de MexicoPI de CV stock overvalued right now?
Based on GuruFocus' analysis, Betterware de MexicoPI de CV (BWMX) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.00, compared to a current price of $17.86 — trading 11.6% above its estimated fair value. The current Altman Z2-Score is 1.95, which is near median its 10-year median of 1.98 and 34% below the Retail - Cyclical industry median of 2.96. Betterware de MexicoPI de CV's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Betterware de MexicoPI de CV (BWMX), the current Altman Z2-Score is 1.95 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Betterware de MexicoPI de CV (BWMX) Overvalued in 2026?

Based on GuruFocus' analysis, Betterware de MexicoPI de CV stock appears to be overvalued. The current stock price of $17.86 is trading 11.6% above its estimated GF Value™ of $16.00. GuruFocus considers Betterware de MexicoPI de CV to be Modestly Overvalued.

Key valuation signals for BWMX:

  • Altman Z2-Score: 1.95 (near median its 10-year median of 1.98)
  • GF Value™: $16.00 vs. price of $17.86 (11.6% above fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 34% below the Retail - Cyclical median (#705 of 1122)

No single metric tells the full story. See the BWMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Betterware de MexicoPI de CV Business Description

Other Exchanges BM0:Germany
Address Gdl-Ameca-Huaxtla Km-5, El Arenal, JAL, MEX, 45350
Betterware de Mexico SAPI de CV is a company in the consumer product goods industry focused on home organization and beauty and personal care products, commercialized through person-to-person selling. The Group operates through two segments: Home organization under the Betterware brand, including kitchen and food preservation, home solutions, bathroom, laundry & cleaning, tech and mobility, bedroom and wellness. Products are sold through catalogues and distributed through distributors and associates. The Beauty and personal care (B&PC) segment under the JAFRA brand, which generates maximum revenue, includes fragrance, color, skin care and toiletries, distributed through leaders and consultants. The Group operates in Mexico, which generates maximum revenue, the United States and Latam.
90GF Score

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$17.86
Price
$16.00
GF Value