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Bid JSE:BID Stock Report

Last Price

R446.70

Market Cap

R149.7b

7D

0.2%

1Y

9.7%

Updated

20 Oct, 2024

Data

Company Financials +

Bid Corporation Limited

JSE:BID Stock Report

Market Cap: R149.7b

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.

About the company

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

Rewards

Price-To-Earnings ratio (18.7x) is below the Consumer Retailing industry average (28x)
Revenue is forecast to grow 5.93% per year
Earnings grew by 16.3% over the past year

Risk Analysis

No risks detected for BID from our risk checks.

Bid Corporation Limited Competitors

SPAR Group

JSE:SPP

R24.7b

Shoprite Holdings

JSE:SHP

R155.4b

Clicks Group

JSE:CLS

R88.8b

Dis-Chem Pharmacies

JSE:DCP

R31.9b

Price History & Performance

Summary of all time highs, changes and price drops for Bid
Historical stock prices
Current Share PriceR446.70
52 Week HighR478.16
52 Week LowR393.13
Beta0.77
11 Month Change0.77%
3 Month Change1.29%
1 Year Change9.72%
33 Year Change35.74%
5 Year Change32.08%
Change since IPO46.94%

Recent News & Updates

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

Recent updates

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

Shareholder Returns

BIDZA Consumer RetailingZA Market
7D0.2%-1.0%1.2%
1Y9.7%25.2%24.3%

Return vs Industry: BID underperformed the ZA Consumer Retailing industry which returned 25.2% over the past year.

Return vs Market: BID underperformed the ZA Market which returned 24.3% over the past year.

Price Volatility

Is BID's price volatile compared to industry and market?
BID volatility
BID Average Weekly Movement2.9%
Consumer Retailing Industry Average Movement3.0%
Market Average Movement4.8%
10% most volatile stocks in ZA Market9.7%
10% least volatile stocks in ZA Market2.8%

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 capR149.73b
Earnings (TTM)R8.01b
Revenue (TTM)R225.91b

18.7x

P/E Ratio

0.7x

P/S Ratio

Is BID overvalued?

See Fair Value and valuation analysis

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

Nov 12, 2024

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

2.5%

Current Dividend Yield

46%

Payout Ratio