Bid Corporation Ltd

Bid Corporation Ltd

BID · JSE · Consumer Defensive / Food Distribution

46,046.00ZAC+325.00 (+0.71%)

Price History

Full chart

Market Stats

Previous Close45,721.00
Open45,240.00
Day Range45,240.00 – 46,046.00
52-Week Range39,506.41 – 47,100.00
Volume349.53K
Market Cap156.39B
P/E (TTM)17.61
Forward P/E0.00
EPS26.57
Dividend Yield2.65%
Beta0.26
50-Day Avg44,744.50
200-Day Avg42,794.40

About

Bid Corporation Limited operates as a foodservice distributor in the United Kingdom, Australia, the Netherlands, Italy, Czech Republic, New Zealand, Belgium, South Africa, the People's Republic of China, Hong Kong, and internationally. The company engages in supplying frozen, ambient, and chilled products to caterers and foodservice businesses; fresh food to hospitality, institutional, catering, and retail sectors; premium ice cream and texture-modified meals for people with swallowing difficulties; and proteins, dairy, charcuterie, and specialty products to hotels, international restaurant groups, and fine-dining establishments. It is also involved in buying business; trading and marine services; meat, poultry, and dairy manufacturing and distribution; and bakery ingredients and equipment business. Bid Corporation Limited was founded in 1988 and is headquartered in Johannesburg, South Africa.

Company Details

  • SectorConsumer Defensive
  • IndustryFood Distribution
  • CEOMr. Bernard Larry Berson B.Com., C.A.
  • Employees31.11K
  • HeadquartersWebber Wentzel building, Johannesburg, South Africa, 2196, South Africa
  • Websitehttps://www.bidcorpgroup.com

Leadership

  • Mr. Bernard Larry Berson B.Com., C.A.CEO & Executive Director · b. 1966
  • Mr. David Edward Cleasby C.A. (S.A.)CFO & Executive Director · b. 1962
  • Ms. Ashley Kim Biggs CA(SA) MBAGroup ESG Officer & Company Secretary
  • Mr. Nigel BoswellGroup Chief Development Officer
  • Ms. Leigh RoosCompany Secretary
  • Justine HopkinsonCEO of Bidfood Singapore
  • Thierry LegatChief Executive Officer of Bidfood Belgium
  • Phil StruckmannChief Executive Officer of Bidfood New Zealand
  • Gabriel AbramoviczChief Executive Officer of Bidfood Chile
  • Mr. Andrew SelleyChief Executive Officer of Bidfood UK

Financials

Income Statement

Currency: ZAR2013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue76.88B95.76B109.80B135.54B130.93B119.36B129.25B121.12B114.80B147.14B196.34B225.91B235.59B242.20B
Growth (%)-+24.56%+14.67%+23.44%-3.40%-8.83%+8.29%-6.29%-5.21%+28.17%+33.44%+15.06%+4.29%+2.81%
Cost of Revenue62.59B77.85B87.70B107.47B102.57B90.75B98.42B91.92B87.30B111.50B149.54B171.44B177.92B182.15B
Gross Profit14.29B17.91B22.11B28.07B28.36B28.61B30.83B29.20B27.51B35.64B46.80B54.46B57.67B60.05B
Gross Margin18.58%18.71%20.13%20.71%21.66%23.97%23.85%24.11%23.96%24.22%23.84%24.11%24.48%24.79%
Operating Expense12.25B15.06B18.50B23.44B22.88B22.99B24.26B26.06B22.59B28.56B36.64B42.66B45.53B46.57B
Operating Income2.04B2.85B3.60B4.63B5.48B5.62B6.57B3.14B4.92B7.08B10.16B11.80B12.15B13.48B
Operating Margin2.65%2.97%3.28%3.41%4.18%4.71%5.08%2.59%4.28%4.81%5.17%5.23%5.16%5.57%
EBITDA2.84B3.77B4.60B5.89B6.77B7.07B8.07B5.38B7.25B9.55B13.16B15.58B16.24B17.33B
EBITDA Margin3.70%3.94%4.19%4.34%5.17%5.92%6.24%4.44%6.31%6.49%6.70%6.90%6.90%7.15%
Net Income1.48B1.95B2.51B3.28B4.01B3.54B4.10B1.12B3.09B4.82B6.89B8.01B8.17B8.95B
Net Income Margin1.92%2.04%2.29%2.42%3.06%2.97%3.18%0.93%2.69%3.28%3.51%3.55%3.47%3.69%
Interest Expense165.72M245.60M269.96M290.63M312.48M312.41M395.45M795.91M744.78M748.00M1.07B1.36B1.41B1.25B
Interest Expense % of Total Revenue0.22%0.26%0.25%0.21%0.24%0.26%0.31%0.66%0.65%0.51%0.55%0.60%0.60%0.51%

Balance Sheet

Currency: ZAR2013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets32.65B39.03B43.96B56.34B54.45B61.93B64.93B71.60B69.21B79.57B106.64B107.67B120.96B116.36B
Total Liabilities21.07B23.62B26.21B32.12B30.77B35.14B36.20B43.66B41.12B48.46B66.45B65.14B73.29B68.83B
Total Equity11.52B15.34B17.68B24.08B23.55B26.54B28.50B27.67B27.86B30.84B39.81B42.19B47.30B47.22B
Cash4.33B4.41B3.63B5.51B6.35B5.96B5.78B7.02B8.12B7.40B12.40B11.72B11.77B11.84B
Total Debt5.19B5.51B5.23B7.19B8.06B9.68B10.58B18.85B14.12B15.19B21.99B22.35B26.21B23.12B
Net Debt861.29M1.10B1.60B1.69B1.71B3.71B4.80B11.82B6.00B7.79B9.59B10.63B14.44B11.28B

Cash Flow

Currency: ZAR2013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow2.56B2.48B4.04B4.74B2.25B2.43B2.33B6.14B5.82B3.27B7.67B6.94B11.99B14.55B
Investing Cash Flow-1.52B-2.04B-3.47B-2.35B-2.23B-3.14B-3.74B-3.15B-307.87M-3.43B-5.77B-6.46B-9.05B-6.26B
Financing Cash Flow688.89M-887.45M-1.40B-808.14M1.47B708.84M856.15M-3.13B-3.76B-819.87M1.74B-4.06B-3.02B-7.20B
Capital Expenditure1.34B1.68B1.71B2.11B2.28B2.44B3.11B2.72B1.97B3.08B4.44B5.95B6.44B4.81B
Free Cash Flow1.23B805.62M2.33B2.63B-21.47M-15.93M-780.66M3.42B3.85B188.85M3.23B990.03M1.77B9.73B
Dividends Paid-537.28M537.28M537.28M1.65B1.78B1.98B2.21B2.35B2.35B2.82B3.44B3.78B4.09B
FCF to OCF47.92%32.44%57.64%55.44%-0.95%-0.66%-33.46%55.64%66.18%5.77%42.09%14.26%14.78%66.92%
Dividend Paid to FCF-66.69%23.06%20.44%-7669.69%-11162.59%-253.49%64.78%60.93%1243.24%87.32%347.25%213.34%42.05%

Earnings

Report DateFeb 24, 2027
EPS Estimate-
EPS Actual-
Surprise-
TimingPre-market

Key Statistics & Ratios

Market Cap156.39B
Enterprise Value167.67B
Trailing P/E17.61
Forward P/E0.00
Price / Sales0.65
Price / Book3.31
EPS26.57
Book Value141.27
Revenue (TTM)242.20B
Gross Profit (TTM)60.05B
EBITDA15.80B
Profit Margin3.70%
Operating Margin5.85%
Return on Equity18.81%
Return on Assets7.05%
Shares Outstanding334.24M
Shares Float333.34M
Beta0.26
Dividend Yield2.65%
Dividend Rate12.40
Payout Ratio45.72%

Dividends

20261×
6.15Mar 25, 2026
20252×
6.00Sep 23, 20255.60Mar 26, 2025
20242×
5.65Sep 25, 20245.25Mar 19, 2024
20232×
5.00Sep 27, 20234.40Mar 22, 2023
20222×
4.00Sep 21, 20223.00Mar 23, 2022
20211×
4.00Oct 20, 2021
20201×
3.30Mar 25, 2020
20192×
3.30Sep 25, 20193.10Mar 19, 2019
20182×
2.80Sep 19, 20182.80Mar 20, 2018
20172×
2.50Sep 20, 20172.50Mar 22, 2017
20161×
2.41Sep 14, 2016