NQL Stock Overview

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally. More details

NQL fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	3/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 35.2% below our estimate of its fair value

Earnings are forecast to grow 8.09% per year

Earnings grew by 6.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Has a high level of debt

My Notes

Capture your thoughts, links and company narrative

The Bidvest Group Limited Competitors

MBB

XTRA:MBB

€570.8m

INDUS Holding

XTRA:INH

€541.3m

Siemens

XTRA:SIE

€157.5b

Krones

XTRA:KRN

€4.0b

Price History & Performance

Summary of share price highs, lows and changes for Bidvest Group
Historical stock prices
Current Share Price	R26.60
52 Week High	R30.60
52 Week Low	R21.20
Beta	0.52
1 Month Change	-5.00%
3 Month Change	-10.14%
1 Year Change	16.67%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	17.70%

Recent updates

Shareholder Returns

	NQL	DE Industrials	DE Market
7D	1.5%	3.3%	2.6%
1Y	16.7%	24.5%	13.4%

Return vs Industry: NQL underperformed the German Industrials industry which returned 21.1% over the past year.

Return vs Market: NQL exceeded the German Market which returned 12.1% over the past year.

Price Volatility

Is NQL's price volatile compared to industry and market?
NQL volatility
NQL Average Weekly Movement	3.7%
Industrials Industry Average Movement	3.5%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.5%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: NQL has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: NQL's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	131,326	Mpumi Madisa	www.bidvest.co.za

The Bidvest Group Limited, an investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally. The company operates through Adcock Ingram, Bidvest Automotive, Bidvest Commercial Products, Bidvest Financial Services, Bidvest Freight, Bidvest Branded Products, Bidvest Services South Africa, Bidvest Services International, Bidvest Properties, and Bidvest Corporate and Investments segments. It offers manufacture, market, and distribution of healthcare products to both the private and public market sectors; and online motor retailing and develops systems in the vehicle auctioneering sector.

The Bidvest Group Limited Fundamentals Summary

How do Bidvest Group's earnings and revenue compare to its market cap?
NQL fundamental statistics
Market cap	€4.65b
Earnings (TTM)	€330.62m
Revenue (TTM)	€6.37b

14.1x

P/E Ratio

0.7x

P/S Ratio

Is NQL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NQL income statement (TTM)
Revenue	R122.62b
Cost of Revenue	R87.74b
Gross Profit	R34.88b
Other Expenses	R28.51b
Earnings	R6.37b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	18.74
Gross Margin	28.44%
Net Profit Margin	5.19%
Debt/Equity Ratio	82.5%

How did NQL perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

49%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/17 04:26
End of Day Share Price	2025/01/17 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Bidvest Group Limited is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brent Madel	Absa Bank Limited
Richard Harrisberg	Avior Capital Markets
Kenneth Hearn	Barclays