The Bidvest Group Limited operates in trading, services, and distribution businesses in South Africa and internationally.
Bidvest Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R190.44|
|52 Week High||R128.48|
|52 Week Low||R209.40|
|1 Month Change||-3.70%|
|3 Month Change||-2.36%|
|1 Year Change||30.14%|
|3 Year Change||4.07%|
|5 Year Change||13.76%|
|Change since IPO||1,002.19%|
Recent News & Updates
Bidvest Group (JSE:BVT) May Have Issues Allocating Its Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Shareholders Can Be Confident That Bidvest Group's (JSE:BVT) Earnings Are High Quality
The Bidvest Group Limited ( JSE:BVT ) just reported healthy earnings but the stock price didn't move much. Investors...
|BVT||ZA Industrials||ZA Market|
Return vs Industry: BVT underperformed the ZA Industrials industry which returned 38.7% over the past year.
Return vs Market: BVT exceeded the ZA Market which returned 19% over the past year.
Stable Share Price: BVT is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BVT's weekly volatility (3%) has been stable over the past year.
About the Company
The Bidvest Group Limited operates in trading, services, and distribution businesses in South Africa and internationally. The company operates through Services, Branded Products, Freight, Automotive, Commercial Products, Financial Services, and Properties segments. It is involved in the online motor retailing and vehicle auctioneering activities; provision of road assistance, vehicle towing, tyre replacement/change, fuel top up, locksmith, and legal advice services; and manufacturing, distribution, and trading of consumer and industrial day-to-day branded products.
Bidvest Group Fundamentals Summary
|BVT fundamental statistics|
Is BVT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BVT income statement (TTM)|
|Cost of Revenue||R61.14b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||11.30|
|Net Profit Margin||4.35%|
How did BVT perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is Bidvest Group 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: BVT (ZAR190.44) is trading below our estimate of fair value (ZAR267.26)
Significantly Below Fair Value: BVT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BVT is poor value based on its PE Ratio (16.9x) compared to the ZA Industrials industry average (11.2x).
PE vs Market: BVT is poor value based on its PE Ratio (16.9x) compared to the ZA market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: BVT is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: BVT is overvalued based on its PB Ratio (2.5x) compared to the ZA Industrials industry average (1.2x).
How is Bidvest Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BVT's forecast earnings growth (15.8% per year) is above the savings rate (8.8%).
Earnings vs Market: BVT's earnings (15.8% per year) are forecast to grow faster than the ZA market (12.1% per year).
High Growth Earnings: BVT's earnings are forecast to grow, but not significantly.
Revenue vs Market: BVT's revenue (6.9% per year) is forecast to grow faster than the ZA market (6.4% per year).
High Growth Revenue: BVT's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BVT's Return on Equity is forecast to be low in 3 years time (19.5%).
How has Bidvest Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BVT has high quality earnings.
Growing Profit Margin: BVT's current net profit margins (4.3%) are higher than last year (0.2%).
Past Earnings Growth Analysis
Earnings Trend: BVT's earnings have declined by 12.8% per year over the past 5 years.
Accelerating Growth: BVT's earnings growth over the past year (2173%) exceeds its 5-year average (-12.8% per year).
Earnings vs Industry: BVT earnings growth over the past year (2173%) exceeded the Industrials industry 35.6%.
Return on Equity
High ROE: BVT's Return on Equity (14.3%) is considered low.
How is Bidvest Group's financial position?
Financial Position Analysis
Short Term Liabilities: BVT's short term assets (ZAR33.2B) do not cover its short term liabilities (ZAR33.3B).
Long Term Liabilities: BVT's short term assets (ZAR33.2B) exceed its long term liabilities (ZAR24.3B).
Debt to Equity History and Analysis
Debt Level: BVT's debt to equity ratio (72.2%) is considered high.
Reducing Debt: BVT's debt to equity ratio has increased from 49.5% to 72.2% over the past 5 years.
Debt Coverage: BVT's debt is well covered by operating cash flow (52%).
Interest Coverage: BVT's interest payments on its debt are well covered by EBIT (5.4x coverage).
What is Bidvest Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BVT's dividend (3.26%) is higher than the bottom 25% of dividend payers in the ZA market (3.14%).
High Dividend: BVT's dividend (3.26%) is low compared to the top 25% of dividend payers in the ZA market (7.52%).
Stability and Growth of Payments
Stable Dividend: BVT's dividend payments have been volatile in the past 10 years.
Growing Dividend: BVT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.1%), BVT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BVT's dividends in 3 years are forecast to be well covered by earnings (43.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mpumi Madisa (41 yo)
Ms. Nompumelelo Thembekile Madisa, also known as Mpumi, B.Comm (Hons), B.Sc (Econ.), MMFI serves as Executive Director at Bidvestco Limited since October 1, 2020. Ms. Madisa serves as Non-Executive Chairpe...
CEO Compensation Analysis
Compensation vs Market: Mpumi's total compensation ($USD1.70M) is above average for companies of similar size in the ZA market ($USD1.26M).
Compensation vs Earnings: Mpumi's compensation has increased by more than 20% in the past year.
Experienced Management: BVT's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: BVT's board of directors are not considered experienced ( 2.7 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Bidvest Group Limited's employee growth, exchange listings and data sources
- Name: The Bidvest Group Limited
- Ticker: BVT
- Exchange: JSE
- Founded: 1988
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: R64.728b
- Shares outstanding: 339.89m
- Website: https://www.bidvest.co.za
Number of Employees
- The Bidvest Group Limited
- Bidvest House
- 18 Crescent Drive
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 21:33|
|End of Day Share Price||2021/10/25 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.