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The Bidvest Group LimitedJSE:BVT Stock Report

Market Cap R79.3b
Share Price
R233.25
R291.76
20.1% undervalued intrinsic discount
1Y-2.6%
7D-0.4%
1D
Portfolio Value
View

The Bidvest Group Limited

JSE:BVT Stock Report

Market Cap: R79.3b

Bidvest Group (BVT) Stock Overview

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

BVT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends4/6

BVT Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

The Bidvest Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bidvest Group
Historical stock prices
Current Share PriceR233.25
52 Week HighR260.00
52 Week LowR207.30
Beta0.30
1 Month Change0.76%
3 Month Change0.70%
1 Year Change-2.63%
3 Year Change-11.90%
5 Year Change18.50%
Change since IPO1,249.95%

Recent News & Updates

Narrative Update Jun 04

BVT: Dividend Policy Will Continue To Support Future Upside

Analysts have nudged their price target for Bidvest Group slightly lower to ZAR291.76 from ZAR294.39, citing updated fair value estimates, a marginally adjusted discount rate, and a revised future P/E outlook. What's in the News No recent company specific news items were provided in the primary or secondary sources, so current market developments for Bidvest Group are not detailed here.
Narrative Update May 13

BVT: Dividend Policy And Mobility Partnership Will Support Future Upside

Analysts have maintained Bidvest Group's fair value estimate at ZAR294.39 per share. A slightly lower discount rate and modestly adjusted future P/E assumption have led to a refined price target that reflects updated views on the stock's risk profile and earnings potential.
Narrative Update Apr 28

BVT: Dividend Momentum And Mobility Partnership Will Support Future Upside

Analysts have trimmed their Bidvest Group price target slightly to about ZAR294 from roughly ZAR295. This reflects modest adjustments to assumptions around fair value, discount rate, revenue growth, profit margin and future P/E expectations.
Narrative Update Apr 13

BVT: Dividend Payout And Two Wheeler Expansion Will Support Future Upside

Analysts have kept their ZAR 295.23 price target for Bidvest Group unchanged, pointing to only minor model tweaks in the discount rate, revenue growth, profit margin and future P/E assumptions, rather than any shift in the core investment thesis. What's in the News Directors declared an interim gross cash dividend of ZAR 4.95 per ordinary share for the six months ended 31 December 2025, with a net amount of ZAR 3.96 per share where dividend withholding tax applies, in line with the group dividend policy (Key Developments).
Narrative Update Mar 30

BVT: Dividend Strength And Lower Discount Rate Will Support Future Upside

Analysts have nudged their ZAR price target for Bidvest Group higher from about ZAR291.39 to around ZAR295.23, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margins and future price-to-earnings (P/E) expectations. What's in the News The Bidvest Group Limited declared an interim gross cash dividend of ZAR4.95 per ordinary share for the six months ended 31 December 2025, with a net amount of ZAR3.96 per share after 20% dividend withholding tax where applicable, paid from income reserves (Key Developments).

Recent updates

Narrative Update Jun 04

BVT: Dividend Policy Will Continue To Support Future Upside

Analysts have nudged their price target for Bidvest Group slightly lower to ZAR291.76 from ZAR294.39, citing updated fair value estimates, a marginally adjusted discount rate, and a revised future P/E outlook. What's in the News No recent company specific news items were provided in the primary or secondary sources, so current market developments for Bidvest Group are not detailed here.
Narrative Update May 13

BVT: Dividend Policy And Mobility Partnership Will Support Future Upside

Analysts have maintained Bidvest Group's fair value estimate at ZAR294.39 per share. A slightly lower discount rate and modestly adjusted future P/E assumption have led to a refined price target that reflects updated views on the stock's risk profile and earnings potential.
Narrative Update Apr 28

BVT: Dividend Momentum And Mobility Partnership Will Support Future Upside

Analysts have trimmed their Bidvest Group price target slightly to about ZAR294 from roughly ZAR295. This reflects modest adjustments to assumptions around fair value, discount rate, revenue growth, profit margin and future P/E expectations.
Narrative Update Apr 13

BVT: Dividend Payout And Two Wheeler Expansion Will Support Future Upside

Analysts have kept their ZAR 295.23 price target for Bidvest Group unchanged, pointing to only minor model tweaks in the discount rate, revenue growth, profit margin and future P/E assumptions, rather than any shift in the core investment thesis. What's in the News Directors declared an interim gross cash dividend of ZAR 4.95 per ordinary share for the six months ended 31 December 2025, with a net amount of ZAR 3.96 per share where dividend withholding tax applies, in line with the group dividend policy (Key Developments).
Narrative Update Mar 30

BVT: Dividend Strength And Lower Discount Rate Will Support Future Upside

Analysts have nudged their ZAR price target for Bidvest Group higher from about ZAR291.39 to around ZAR295.23, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margins and future price-to-earnings (P/E) expectations. What's in the News The Bidvest Group Limited declared an interim gross cash dividend of ZAR4.95 per ordinary share for the six months ended 31 December 2025, with a net amount of ZAR3.96 per share after 20% dividend withholding tax where applicable, paid from income reserves (Key Developments).
Narrative Update Feb 25

BVT: Steady Margins And Slightly Lower Discount Rate Will Support Future Upside

Analysts have kept their ZAR fair value estimate for Bidvest Group effectively unchanged at around ZAR291.39 per share, with only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E, which together feed into a steady price target view. Valuation Changes Fair Value: ZAR291.39 per share remains unchanged, signalling a steady central estimate.
Narrative Update Feb 10

BVT: Steady Margins And Lower Discount Rate Will Support Future Upside

Analysts have maintained their fair value estimate for Bidvest Group at R291.39. A slightly lower discount rate and a marginally reduced future P/E assumption support this unchanged price target.
Narrative Update Jan 27

BVT: Dividend Strength And Higher Future P E Will Support Share Price

Analysts have trimmed their price target for Bidvest Group to R291.39 from R292.19, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value: trimmed slightly to ZAR291.39 from ZAR292.19 per share.
Narrative Update Jan 12

BVT: Dividend Strength And Stable Margins Will Support Future Share Price

Analysts have maintained their fair value estimate for Bidvest Group at R292.19 per share. The unchanged price target reflects their updated assumptions around a slightly lower discount rate, along with marginal adjustments to longer term growth, profit margin and forward P/E inputs.
Narrative Update Dec 16

BVT: Dividend Strength And Durable Margins Will Support Future Share Price

Analysts have slightly raised their price target on Bidvest Group, citing a marginally higher assumed discount rate and stable long term growth and profitability assumptions. This has resulted in an updated fair value estimate of R292.19 per share, up from the prior level by a negligible rounding adjustment.
Analysis Article Nov 30

Here's Why Bidvest Group (JSE:BVT) Has A Meaningful Debt Burden

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Nov 27

BVT: Dividend Consistency And Stable Margins Will Drive Share Price Higher

Analysts have made a slight downward adjustment to Bidvest Group’s price target, now set at R292.19. This change reflects modest adjustments in discount rate assumptions and valuation metrics.
Narrative Update Nov 10

BVT: Dividend Payout And Margin Stability Signal Upside For Future Performance

Analyst Price Target for Bidvest Group Nudges Lower Amid Marginal Shifts in Key Metrics Analysts have slightly reduced their price target for Bidvest Group, now setting it at R292.19. Modest adjustments in the discount rate and future earnings multiples suggest a more cautious valuation outlook.
Analysis Article Oct 30

The Bidvest Group Limited's (JSE:BVT) Popularity With Investors Is Under Threat From Overpricing

The Bidvest Group Limited's ( JSE:BVT ) price-to-earnings (or "P/E") ratio of 12.9x might make it look like a sell...
Narrative Update Oct 27

Digital Integration And Logistics Will Sustain Momentum As Dividends Rise

Narrative Update on Bidvest Group Analysts have maintained their fair value estimate for Bidvest Group at R292.19, noting only minor adjustments to the company’s discount rate in response to updated market conditions. What's in the News Bidvest Group Limited declared a final gross cash dividend of 453.00000 cents per ordinary share for the year ended 30 June 2025.
Narrative Update Oct 13

Digital Integration, Hygiene Expansion And Logistics Will Drive Lasting Momentum

Analysts have slightly lowered their price target for Bidvest Group from R293.62 to R292.19, citing modest shifts in revenue growth and profitability assumptions. What's in the News Bidvest Group declared a final gross cash dividend of 453 cents (362.4 cents net of dividend withholding tax) per ordinary share for the year ended 30 June 2025 (Key Developments).
Narrative Update Sep 29

Digital Integration, Hygiene Expansion And Logistics Will Drive Lasting Momentum

Despite an improvement in net profit margin, a lower future P/E suggests tempered earnings growth expectations, contributing to a reduction in Bidvest Group’s consensus analyst price target from ZAR303.05 to ZAR293.62. What's in the News Bidvest Group declared a final gross cash dividend of 453 cents (362.4 cents net of withholding tax) per ordinary share for the year ended 30 June 2025.
Narrative Update Sep 14

Digital Integration, Hygiene Expansion And Logistics Will Drive Lasting Momentum

The consensus analyst price target for Bidvest Group has been revised downward, primarily reflecting a modest reduction in future P/E expectations, resulting in a new fair value estimate of ZAR303.05. What's in the News Bidvest Group declared a final gross cash dividend of 453 cents per ordinary share (362.4 cents net of tax) for the year ended 30 June 2025.
Analysis Article Sep 05

The Bidvest Group Limited Just Missed Earnings - But Analysts Have Updated Their Models

The Bidvest Group Limited ( JSE:BVT ) shareholders are probably feeling a little disappointed, since its shares fell...
Analysis Article Sep 04

Bidvest Group's (JSE:BVT) Dividend Will Be ZAR4.53

The Bidvest Group Limited ( JSE:BVT ) will pay a dividend of ZAR4.53 on the 29th of September. This will take the...
Analysis Article Aug 23

Slowing Rates Of Return At Bidvest Group (JSE:BVT) Leave Little Room For Excitement

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jul 14

Some Confidence Is Lacking In The Bidvest Group Limited's (JSE:BVT) P/E

The Bidvest Group Limited's ( JSE:BVT ) price-to-earnings (or "P/E") ratio of 12.5x might make it look like a sell...
Analysis Article May 12

Returns On Capital At Bidvest Group (JSE:BVT) Have Hit The Brakes

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Apr 24

We Think Bidvest Group (JSE:BVT) Is Taking Some Risk With Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Mar 10

We Think You Should Be Aware Of Some Concerning Factors In Bidvest Group's (JSE:BVT) Earnings

The market shrugged off The Bidvest Group Limited's ( JSE:BVT ) solid earnings report. We think that investors might be...
Analysis Article Mar 08

Bidvest Group's (JSE:BVT) Upcoming Dividend Will Be Larger Than Last Year's

The board of The Bidvest Group Limited ( JSE:BVT ) has announced that the dividend on 31st of March will be increased...
Analysis Article Mar 05

Some Shareholders Feeling Restless Over The Bidvest Group Limited's (JSE:BVT) P/E Ratio

With a price-to-earnings (or "P/E") ratio of 12.8x The Bidvest Group Limited ( JSE:BVT ) may be sending bearish signals...
User avatar
New Narrative Feb 09

Expansion Into Australia And Asia Pacific Will Enhance Operational Efficiencies And Future Earnings

Strategic M&A efforts in Australia and Asia Pacific drive revenue growth through expanded market presence and synergies.
Analysis Article Jan 10

Returns On Capital At Bidvest Group (JSE:BVT) Have Hit The Brakes

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Nov 22

The Bidvest Group Limited's (JSE:BVT) CEO Compensation Is Looking A Bit Stretched At The Moment

Key Insights Bidvest Group's Annual General Meeting to take place on 29th of November Salary of R12.8m is part of CEO...
Analysis Article Nov 07

The Bidvest Group Limited's (JSE:BVT) Shares May Have Run Too Fast Too Soon

With a price-to-earnings (or "P/E") ratio of 15.1x The Bidvest Group Limited ( JSE:BVT ) may be sending bearish signals...
Analysis Article Oct 22

Is Bidvest Group (JSE:BVT) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 07

Bidvest Group (JSE:BVT) Has More To Do To Multiply In Value Going Forward

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article Sep 05

Bidvest Group's (JSE:BVT) Dividend Will Be ZAR4.47

The Bidvest Group Limited ( JSE:BVT ) has announced that it will pay a dividend of ZAR4.47 per share on the 30th of...
Analysis Article Aug 06

There's Reason For Concern Over The Bidvest Group Limited's (JSE:BVT) Price

With a price-to-earnings (or "P/E") ratio of 14.5x The Bidvest Group Limited ( JSE:BVT ) may be sending very bearish...
Analysis Article Jun 10

These 4 Measures Indicate That Bidvest Group (JSE:BVT) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 07

Bidvest Group (JSE:BVT) Is Increasing Its Dividend To ZAR4.67

The board of The Bidvest Group Limited ( JSE:BVT ) has announced that it will be paying its dividend of ZAR4.67 on the...
Analysis Article Feb 26

Bidvest Group (JSE:BVT) Hasn't Managed To Accelerate Its Returns

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Jan 20

There's Reason For Concern Over The Bidvest Group Limited's (JSE:BVT) Price

When close to half the companies in South Africa have price-to-earnings ratios (or "P/E's") below 9x, you may consider...
Analysis Article Nov 15

Returns On Capital At Bidvest Group (JSE:BVT) Have Stalled

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Oct 31

We Think Bidvest Group (JSE:BVT) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 23

Bidvest Group (JSE:BVT) Is Paying Out A Larger Dividend Than Last Year

The Bidvest Group Limited's ( JSE:BVT ) dividend will be increasing from last year's payment of the same period to...
Analysis Article Sep 07

Bidvest Group's (JSE:BVT) Upcoming Dividend Will Be Larger Than Last Year's

The Bidvest Group Limited ( JSE:BVT ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article Aug 08

With EPS Growth And More, Bidvest Group (JSE:BVT) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 18

Here's What To Make Of Bidvest Group's (JSE:BVT) Decelerating Rates Of Return

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Jun 27

These 4 Measures Indicate That Bidvest Group (JSE:BVT) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Apr 11

Here's What To Make Of Bidvest Group's (JSE:BVT) Decelerating Rates Of Return

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article Mar 25

Bidvest Group (JSE:BVT) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 09

Bidvest Group's (JSE:BVT) Upcoming Dividend Will Be Larger Than Last Year's

The board of The Bidvest Group Limited ( JSE:BVT ) has announced that it will be increasing its dividend by 15% on the...
Analysis Article Jan 10

Be Wary Of Bidvest Group (JSE:BVT) And Its Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Oct 27

Bidvest Group (JSE:BVT) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 09

Earnings Tell The Story For The Bidvest Group Limited (JSE:BVT)

With a price-to-earnings (or "P/E") ratio of 13.5x The Bidvest Group Limited ( JSE:BVT ) may be sending very bearish...

Shareholder Returns

BVTZA IndustrialsZA Market
7D-0.4%2.5%-1.1%
1Y-2.6%94.4%12.6%

Return vs Industry: BVT underperformed the ZA Industrials industry which returned 94.4% over the past year.

Return vs Market: BVT underperformed the ZA Market which returned 12.6% over the past year.

Price Volatility

Is BVT's price volatile compared to industry and market?
BVT volatility
BVT Average Weekly Movement3.2%
Industrials Industry Average Movement3.2%
Market Average Movement4.9%
10% most volatile stocks in ZA Market11.1%
10% least volatile stocks in ZA Market3.1%

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

Volatility Over Time: BVT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988134,083Mpumi Madisawww.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 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?
BVT fundamental statistics
Market capR79.28b
Earnings (TTM)R5.99b
Revenue (TTM)R128.96b
13.2x
P/E Ratio
0.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BVT income statement (TTM)
RevenueR128.96b
Cost of RevenueR92.96b
Gross ProfitR36.00b
Other ExpensesR30.01b
EarningsR5.99b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 31, 2026

Earnings per share (EPS)17.62
Gross Margin27.92%
Net Profit Margin4.64%
Debt/Equity Ratio90.0%

How did BVT perform over the long term?

See historical performance and comparison

Dividends

4.0%
Current Dividend Yield
54%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 15:00
End of Day Share Price 2026/06/09 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

The Bidvest Group Limited is covered by 15 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.

AnalystInstitution
Brent MadelAbsa Bank Limited
Richard HarrisbergAvior Capital Markets
Brian PyleAvior Capital Markets