BWMX
Betterware de México, S.A.P.I. de C.V.
BWMX has the edge over NIO overall, supported by lower modeled downside.
NIO
NIO Inc.
NIO offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
BWMX Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Under pressure | |
| Stable |
BWMX's profitability is currently healthy, and its balance sheet is stable, but its cash flow is under pressure. There isn't enough data to rate its revenue.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
BWMX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.2x | $15.17 | -10% |
| Current | 9.1x | $16.87 | — |
| Fair | 10x | $19.20 | +14% |
| Expensive | 24x | $44.41 | +163% |
Historical ranges are pointers, not guarantees.
BWMX's PE is 9.1x, but its earnings don't support one, so it isn't a reliable read right now.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
BWMX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for BWMX, but weaker profitability.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over BWMX on the outlook, with more favorable profitability expectations.
BWMX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $1.86 | +27% |
| Q2 2026 | $1.75 | +106% |
| Q3 2025 | $1.46 | +15% |
| Q2 2025 | $0.85 | -51% |
| Q1 2025 | $0.81 | -51% |
| Q4 2024 | $1.01 | -33% |
| Q3 2024 | $1.27 | +3.3% |
| Q2 2024 | $1.72 | +69% |
BWMX has the stronger earnings trend. Trailing diluted EPS is up 130% for BWMX versus NIO down 117%.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO is still losing money, but far less than before: $0.29 per share over the past year, against $1.93 at its worst in late 2023.
BWMX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $255.3M | +41% |
| Q2 2026 | $223.3M | +17% |
| Q1 2026 | $188.3M | +0.3% |
| Q4 2025 | $204.1M | +0.7% |
| Q4 2025 | $181.2M | +1.4% |
| Q3 2025 | $181.2M | +1.4% |
| Q2 2025 | $191.2M | +5.1% |
| Q1 2025 | $187.7M | -2.9% |
BWMX's revenue has picked up after two years of holding roughly level: $255M last quarter, up 41% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 18% | N/A |
| Q2 2026 | 16% | -2.2 points |
| Q1 2026 | 15% | -1.6 points |
| Q4 2025 | 16% | +3.7 points |
| Q3 2025 | 19% | +17 points |
| Q2 2025 | 16% | -0.1 points |
| Q1 2025 | 12% | -5.9 points |
| Q4 2024 | 11% | -10 points |
BWMX has the edge over NIO on profitability, with a higher operating margin.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO has the edge over BWMX on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO's operating margin was −2.1% last quarter, up 24 points from the same quarter a year ago.
BWMX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $45.7M | -92% |
| Q2 2026 | -$141.5M | -596% |
| Q1 2026 | $12.6M | +$15.7M |
| Q4 2025 | $56.8M | +115% |
| Q4 2025 | $545.3M | +$548.5M |
| Q2 2025 | $28.5M | -34% |
| Q1 2025 | -$3M | -116% |
| Q4 2024 | $26.4M | -25% |
BWMX's free cash flow has turned negative after years in the green: −$26M over the past year.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO has the edge over BWMX on cash flow, with more consistent year-over-year improvement.
BWMX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -5.6% | -2.2M shares |
| 1 year | -0.2% | -71.5K shares |
| 3 years | 0% | -12.2K shares |
| 5 years | -0.2% | -71.5K shares |
| Available history | +8.1% | +2.8M shares |
BWMX has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q4 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
BWMX hasn't bought back shares in the past year.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
BWMX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.2x | Moderate |
| Q2 2025 | 2.4x | Moderate |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.1x | Moderate |
| Q3 2024 | 2.0x | Healthy |
| Q2 2024 | 1.7x | Healthy |
| Q1 2024 | 1.8x | Healthy |
| Q4 2023 | 1.8x | Healthy |
BWMX's net debt is about 2.2 years of its operating earnings (EBITDA), up from 1.9 years a year ago.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BWMX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.1 | Neutral |
| Stochastic | 63.8 | Neutral |
BWMX's weekly RSI is 52 (neutral) and its Stochastic is 64 (neutral).
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
BWMX PE vs Consumer Cyclical Sector
| Metric | BWMX | Sector median | Relative |
|---|---|---|---|
| PE | 9.1x | 18x | 50% below |
| PE % | 29 | 47 | 18 pts below |
BWMX is trading at 9.1x earnings, a 50% discount to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
BWMX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.5 | 2.5% above |
| 20 week MA | $16.7 | 1.1% above |
| 50 week MA | $16.8 | 0.3% above |
| 100 week MA | $14.1 | 20% above |
| 200 week MA | $14.0 | 20% above |
BWMX has the edge over NIO on trend strength, trading above more of its moving averages.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
BWMX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.2 | $31.7 | +211% |
| 2021 | $31.7 | $19.9 | -37% |
| 2022 | $19.9 | $6.55 | -67% |
| 2023 | $6.55 | $13.9 | +113% |
| 2024 | $13.9 | $10.7 | -23% |
| 2025 | $10.7 | $13.7 | +28% |
| 2026 YTD | $13.7 | $16.9 | +23% |
BWMX has the edge over NIO on returns for 2026, with the stronger performance.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.