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Bid JSE:BID Stock Report

Last Price

R426.00

Market Cap

R142.9b

7D

2.5%

1Y

3.1%

Updated

24 Apr, 2024

Data

Company Financials +

BID Stock Overview

Bid Corporation Limited provides foodservice solutions in Australasia, the United Kingdom, Europe, and internationally.

BID fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Bid Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bid
Historical stock prices
Current Share PriceR426.00
52 Week HighR478.16
52 Week LowR386.84
Beta0.73
1 Month Change-7.99%
3 Month Change-2.51%
1 Year Change3.12%
3 Year Change43.88%
5 Year Change41.03%
Change since IPO40.13%

Recent News & Updates

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

Recent updates

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

We Think Bid Corporation Limited's (JSE:BID) CEO Compensation Looks Fair

Nov 10
We Think Bid Corporation Limited's (JSE:BID) CEO Compensation Looks Fair

Returns On Capital At Bid (JSE:BID) Have Hit The Brakes

Oct 20
Returns On Capital At Bid (JSE:BID) Have Hit The Brakes

Does Bid (JSE:BID) Deserve A Spot On Your Watchlist?

Oct 05
Does Bid (JSE:BID) Deserve A Spot On Your Watchlist?

Is Bid (JSE:BID) Using Too Much Debt?

Sep 19
Is Bid (JSE:BID) Using Too Much Debt?

Returns On Capital At Bid (JSE:BID) Have Hit The Brakes

Jul 16
Returns On Capital At Bid (JSE:BID) Have Hit The Brakes

Bid (JSE:BID) Has A Pretty Healthy Balance Sheet

Jun 13
Bid (JSE:BID) Has A Pretty Healthy Balance Sheet

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

May 29
Do Bid's (JSE:BID) Earnings Warrant Your Attention?

Here's What To Make Of Bid's (JSE:BID) Decelerating Rates Of Return

Apr 10
Here's What To Make Of Bid's (JSE:BID) Decelerating Rates Of Return

These 4 Measures Indicate That Bid (JSE:BID) Is Using Debt Reasonably Well

Mar 11
These 4 Measures Indicate That Bid (JSE:BID) Is Using Debt Reasonably Well

Is Now The Time To Put Bid (JSE:BID) On Your Watchlist?

Feb 23
Is Now The Time To Put Bid (JSE:BID) On Your Watchlist?

Returns On Capital At Bid (JSE:BID) Have Hit The Brakes

Dec 14
Returns On Capital At Bid (JSE:BID) Have Hit The Brakes

It's Probably Less Likely That Bid Corporation Limited's (JSE:BID) CEO Will See A Huge Pay Rise This Year

Nov 11
It's Probably Less Likely That Bid Corporation Limited's (JSE:BID) CEO Will See A Huge Pay Rise This Year

The Price Is Right For Bid Corporation Limited (JSE:BID)

Oct 21
The Price Is Right For Bid Corporation Limited (JSE:BID)

Is Bid (JSE:BID) Using Too Much Debt?

Sep 06
Is Bid (JSE:BID) Using Too Much Debt?

Are Bid Corporation Limited (JSE:BID) Investors Paying Above The Intrinsic Value?

Aug 24
Are Bid Corporation Limited (JSE:BID) Investors Paying Above The Intrinsic Value?

Be Wary Of Bid (JSE:BID) And Its Returns On Capital

Jul 11
Be Wary Of Bid (JSE:BID) And Its Returns On Capital

Shareholder Returns

BIDZA Consumer RetailingZA Market
7D2.5%3.5%1.1%
1Y3.1%0.7%-4.9%

Return vs Industry: BID exceeded the ZA Consumer Retailing industry which returned -1.4% over the past year.

Return vs Market: BID exceeded the ZA Market which returned -4.6% over the past year.

Price Volatility

Is BID's price volatile compared to industry and market?
BID volatility
BID Average Weekly Movement3.1%
Consumer Retailing Industry Average Movement3.5%
Market Average Movement5.0%
10% most volatile stocks in ZA Market11.7%
10% least volatile stocks in ZA Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
198828,022Bernard Bersonwww.bidcorpgroup.com

Bid Corporation Limited provides foodservice solutions in Australasia, the United Kingdom, Europe, and internationally. The company distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, and ambient goods for the hospitality, institutional, catering, and retail sectors. It also provides foodservice and beverage distribution services for the HoReCa sector; and develops e-commerce solutions.

Bid Corporation Limited Fundamentals Summary

How do Bid's earnings and revenue compare to its market cap?
BID fundamental statistics
Market capR142.88b
Earnings (TTM)R7.47b
Revenue (TTM)R218.40b

19.1x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BID income statement (TTM)
RevenueR218.40b
Cost of RevenueR166.32b
Gross ProfitR52.07b
Other ExpensesR44.61b
EarningsR7.47b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 21, 2024

Earnings per share (EPS)22.26
Gross Margin23.84%
Net Profit Margin3.42%
Debt/Equity Ratio34.6%

How did BID perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

41%

Payout Ratio
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