Bid Corporation Limited

JSE:BID Stock Report

Market Cap: R144.8b

Bid Future Growth

Future criteria checks 1/6

Bid is forecast to grow earnings and revenue by 7.8% and 6% per annum respectively. EPS is expected to grow by 7.9% per annum. Return on equity is forecast to be 19.3% in 3 years.

Key information

7.8%

Earnings growth rate

7.9%

EPS growth rate

Consumer Retailing earnings growth16.7%
Revenue growth rate6.0%
Future return on equity19.3%
Analyst coverage

Good

Last updated04 Dec 2024

Recent future growth updates

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

Earnings and Revenue Growth Forecasts

JSE:BID - Analysts future estimates and past financials data (ZAR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/2027272,33810,3507,65816,0015
6/30/2026253,8819,5416,73314,6906
6/30/2025238,1738,8166,08013,6976
6/30/2024225,9058,0104,43510,379N/A
3/31/2024222,1507,7384,62110,288N/A
12/31/2023218,3957,4664,80710,197N/A
9/30/2023207,3687,1765,42610,340N/A
6/30/2023196,3416,8866,04510,483N/A
3/31/2023181,8006,3824,1298,325N/A
12/31/2022167,2595,8792,2136,166N/A
9/30/2022157,1995,3522,4815,999N/A
6/30/2022147,1384,8252,7495,831N/A
3/31/2022136,4664,3202,5815,232N/A
12/31/2021125,7933,8162,4144,632N/A
9/30/2021120,2983,4523,1345,227N/A
6/30/2021114,8033,0893,8545,823N/A
3/31/2021113,9001,7933,6315,804N/A
12/31/2020112,9974973,4075,786N/A
9/30/2020116,7869753,3215,964N/A
6/30/2020120,5741,4533,2356,142N/A
3/31/2020126,2453,2392,8685,949N/A
12/31/2019131,3734,9302,6595,915N/A
9/30/2019130,3124,8831,9295,113N/A
6/30/2019129,2504,8361,1984,312N/A
3/31/2019126,0864,6111,7894,675N/A
12/31/2018122,9214,3872,3815,039N/A
9/30/2018120,3124,2962,1734,719N/A
6/30/2018117,7034,2061,9654,399N/A
3/31/2018115,9844,208N/A3,849N/A
12/31/2017114,2664,210N/A3,300N/A
9/30/2017112,3674,115N/A3,601N/A
6/30/2017110,4684,020N/A3,902N/A
3/31/2017119,1633,866N/A4,913N/A
12/31/2016127,8583,712N/A5,924N/A
9/30/2016131,6983,496N/A5,601N/A
6/30/2016135,5383,280N/A5,278N/A
6/30/2015109,8042,515N/A4,043N/A
6/30/201495,7601,955N/A2,484N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BID's forecast earnings growth (7.8% per year) is below the savings rate (9.7%).

Earnings vs Market: BID's earnings (7.8% per year) are forecast to grow slower than the ZA market (19% per year).

High Growth Earnings: BID's earnings are forecast to grow, but not significantly.

Revenue vs Market: BID's revenue (6% per year) is forecast to grow faster than the ZA market (3.8% per year).

High Growth Revenue: BID's revenue (6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BID's Return on Equity is forecast to be low in 3 years time (19.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 13:57
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