BidEnergy Limited provides energy spend management services through its cloud-based software platform in Australia, the United Kingdom, and the United States. More Details
Excellent balance sheet with high growth potential.
Share Price & News
How has BidEnergy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BID is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: BID's weekly volatility (10%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BID exceeded the Australian Software industry which returned 29.1% over the past year.
Return vs Market: BID exceeded the Australian Market which returned -0.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is BidEnergy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat Does BidEnergy's (ASX:BID) CEO Pay Reveal?
2 months ago | Simply Wall StBidEnergy Limited's (ASX:BID) Shift From Loss To Profit
3 months ago | Simply Wall StIf You Had Bought BidEnergy (ASX:BID) Shares Three Years Ago You'd Have Earned335% Returns
Is BidEnergy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BID (A$1.14) is trading below our estimate of fair value (A$3.01)
Significantly Below Fair Value: BID is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BID is unprofitable, so we can't compare its PE Ratio to the AU Software industry average.
PE vs Market: BID is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BID's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BID is overvalued based on its PB Ratio (16.8x) compared to the AU Software industry average (6.1x).
How is BidEnergy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BID is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: BID is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BID's is expected to become profitable in the next 3 years.
Revenue vs Market: BID's revenue (31% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: BID's revenue (31% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BID's Return on Equity is forecast to be high in 3 years time
How has BidEnergy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BID is currently unprofitable.
Growing Profit Margin: BID is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BID is unprofitable, and losses have increased over the past 5 years at a rate of 14% per year.
Accelerating Growth: Unable to compare BID's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BID is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.8%).
Return on Equity
High ROE: BID has a negative Return on Equity (-77.94%), as it is currently unprofitable.
How is BidEnergy's financial position?
Financial Position Analysis
Short Term Liabilities: BID's short term assets (A$9.0M) exceed its short term liabilities (A$2.2M).
Long Term Liabilities: BID's short term assets (A$9.0M) exceed its long term liabilities (A$520.6K).
Debt to Equity History and Analysis
Debt Level: BID's debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: BID's debt to equity ratio has reduced from 254.4% to 4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BID has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BID has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is BidEnergy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BID's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BID's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BID's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BID's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BID's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Guy Maine has been a Managing Director and Executive Director of BidEnergy Limited since January 17, 2018. Mr. Maine has extensive experience building businesses and developing products for leading Aus...
CEO Compensation Analysis
Compensation vs Market: Guy's total compensation ($USD478.19K) is above average for companies of similar size in the Australian market ($USD277.79K).
Compensation vs Earnings: Guy's compensation has increased whilst the company is unprofitable.
|MD & Executive Director||2.83yrs||AU$650.44k||0.13% |
|Founder & CTO||no data||no data||3.92% |
|Chief Financial Officer||no data||no data||no data|
|Chief Operating Officer||0.33yr||no data||no data|
|General Counsel & Company Secretary||0.17yr||no data||no data|
|Head of Global Marketing & Communications||0.83yr||no data||no data|
|Chief Commercial Officer||1.5yrs||AU$220.35k||no data|
|President of USA||0.083yr||no data||no data|
Experienced Management: BID's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
|MD & Executive Director||2.83yrs||AU$650.44k||0.13% |
|Interim Independent Non-Executive Chairman||0.42yr||AU$115.98k||0.18% |
|Independent Non-Executive Director||4.33yrs||AU$194.77k||0.17% |
|Non-Executive Director||0.25yr||no data||0.46% |
Experienced Board: BID's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.8%.
BidEnergy Limited's company bio, employee growth, exchange listings and data sources
- Name: BidEnergy Limited
- Ticker: BID
- Exchange: ASX
- Industry: Application Software
- Sector: Software
- Market Cap: AU$164.066m
- Shares outstanding: 140.23m
- Website: https://www.billidentity.com
- BidEnergy Limited
- 360 Elizabeth Street
- Level 49
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BID||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jul 2016|
|BID||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jul 2016|
|BIDO||ASX (Australian Securities Exchange)||Shs||AU||AUD||Jul 2017|
BidEnergy Limited provides energy spend management services through its cloud-based software platform in Australia, the United Kingdom, and the United States. It offers utility bill expense management and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/25 10:32|
|End of Day Share Price||2020/11/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.