Bid Corporation Ltd
JSE:BID
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Bid Corporation Ltd
JSE:BID
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Intrinsic Value
The intrinsic value of Bid Corporation Ltd (BID) under the Base Case is 30 423.33 Zac per share. Compared with the current market price of 46 946 Zac, the stock appears Overvalued by 35% .
The intrinsic value is calculated using the DCF method. The model assumes revenue grows about 6% a year over the next five years, less than half its five-year pace of 16%. If revenue grew at its five-year pace of 16%, the estimate would be about Zac 45,073.
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Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Bid Does
Bid Corporation Ltd is a foodservice wholesaler and distributor. It buys food, drinks, kitchen supplies, and related products from manufacturers and then supplies them to restaurants, hotels, caterers, hospitals, schools, and other large buyers that need a steady flow of ingredients and consumables. It is not mainly a consumer brand business; it sits in the middle of the food supply chain and helps professional kitchens source a broad range of items from one place.
- Headquarters
- South Africa ZA
- Employees
- 30 387
- IPO date
- May 30, 2016
Earnings Waterfall
Bid Corporation Ltd
The intrinsic value for Bid Corporation Ltd (BID) under the Base Case is 30 423.33 Zac.
Compared with the current market price of 46 946 Zac, the stock appears Overvalued by 35% .