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 growth17.6%
Revenue growth rate6.0%
Future return on equity19.3%
Analyst coverage

Good

Last updated14 Nov 2024

Recent future growth updates

Recent updates

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

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

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 (21.1% 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 (3.5% 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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