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Bid JSE:BID Stock Report

Last Price

R432.05

Market Cap

R144.8b

7D

-2.8%

1Y

4.2%

Updated

19 Dec, 2024

Data

Company Financials +

BID Stock Overview

Engages in the provision of foodservice solutions in Australasia, New Zealand, the United Kingdom, Europe, Africa, South America, Asia, the Middle East, and internationally. More details

BID fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Bid Corporation Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bid
Historical stock prices
Current Share PriceR432.05
52 Week HighR478.16
52 Week LowR400.43
Beta0.76
1 Month Change-3.33%
3 Month Change-2.54%
1 Year Change4.23%
3 Year Change35.45%
5 Year Change30.14%
Change since IPO42.12%

Recent News & Updates

Return Trends At Bid (JSE:BID) Aren't Appealing

Dec 20
Return Trends At Bid (JSE:BID) Aren't Appealing

Bid Corporation Limited's (JSE:BID) Share Price Could Signal Some Risk

Dec 06
Bid Corporation Limited's (JSE:BID) Share Price Could Signal Some Risk

Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet

Oct 25
Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet

Recent updates

Return Trends At Bid (JSE:BID) Aren't Appealing

Dec 20
Return Trends At Bid (JSE:BID) Aren't Appealing

Bid Corporation Limited's (JSE:BID) Share Price Could Signal Some Risk

Dec 06
Bid Corporation Limited's (JSE:BID) Share Price Could Signal Some Risk

Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet

Oct 25
Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet

We Think Bid (JSE:BID) Can Stay On Top Of Its Debt

Oct 05
We Think Bid (JSE:BID) Can Stay On Top Of Its Debt

Do Bid's (JSE:BID) Earnings Warrant Your Attention?

Sep 21
Do Bid's (JSE:BID) Earnings Warrant Your Attention?

Bid (JSE:BID) Is Increasing Its Dividend To ZAR5.65

Sep 06
Bid (JSE:BID) Is Increasing Its Dividend To ZAR5.65

Returns On Capital At Bid (JSE:BID) Have Stalled

Aug 03
Returns On Capital At Bid (JSE:BID) Have Stalled

Earnings Not Telling The Story For Bid Corporation Limited (JSE:BID)

Jul 19
Earnings Not Telling The Story For Bid Corporation Limited (JSE:BID)

We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease

May 21
We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease

Bid (JSE:BID) Has More To Do To Multiply In Value Going Forward

Apr 22
Bid (JSE:BID) Has More To Do To Multiply In Value Going Forward

Bid Corporation Limited's (JSE:BID) Shareholders Might Be Looking For Exit

Apr 08
Bid Corporation Limited's (JSE:BID) Shareholders Might Be Looking For Exit

Bid (JSE:BID) Seems To Use Debt Quite Sensibly

Mar 04
Bid (JSE:BID) Seems To Use Debt Quite Sensibly

We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease

Feb 05
We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease

Bid (JSE:BID) Hasn't Managed To Accelerate Its Returns

Jan 21
Bid (JSE:BID) Hasn't Managed To Accelerate Its Returns

Bid Corporation Limited's (JSE:BID) Shares May Have Run Too Fast Too Soon

Jan 05
Bid Corporation Limited's (JSE:BID) Shares May Have Run Too Fast Too Soon

Shareholder Returns

BIDZA Consumer RetailingZA Market
7D-2.8%-2.9%-2.9%
1Y4.2%14.8%10.1%

Return vs Industry: BID underperformed the ZA Consumer Retailing industry which returned 14.8% over the past year.

Return vs Market: BID underperformed the ZA Market which returned 10.1% over the past year.

Price Volatility

Is BID's price volatile compared to industry and market?
BID volatility
BID Average Weekly Movement2.7%
Consumer Retailing Industry Average Movement3.0%
Market Average Movement4.2%
10% most volatile stocks in ZA Market8.8%
10% least volatile stocks in ZA Market2.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
198829,112Bernard Bersonwww.bidcorpgroup.com

Bid Corporation Limited engages in the provision of foodservice solutions in Australasia, New Zealand, the United Kingdom, Europe, Africa, South America, Asia, the Middle East, and internationally. The company distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, liquor, and ambient goods for the hospitality, hotel, restaurant, café, institutional, catering, and retail sectors; and develops e-commerce solutions. It also manufactures and distributes meat, poultry, dairy, and general food ingredients, as well as baking ingredients and equipment; manufactures ice cream; and offers a multi-temperature foodservice for various ambient, and chilled and frozen food products.

Bid Corporation Limited Fundamentals Summary

How do Bid's earnings and revenue compare to its market cap?
BID fundamental statistics
Market capR144.82b
Earnings (TTM)R8.01b
Revenue (TTM)R225.91b

18.1x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BID income statement (TTM)
RevenueR225.91b
Cost of RevenueR171.44b
Gross ProfitR54.46b
Other ExpensesR46.45b
EarningsR8.01b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 26, 2025

Earnings per share (EPS)23.90
Gross Margin24.11%
Net Profit Margin3.55%
Debt/Equity Ratio34.7%

How did BID perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

46%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 03:11
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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 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

Bid Corporation Limited is covered by 13 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
Paul Henri SteegersBofA Global Research
Rowan GoellerChronux Research