
Sector: Industrial / Services
ZA_BID
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: yahoo_fundamentals_timeseries/BID.JO
Monetary columns are in B ZAR, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB ZAR | Operating profitB ZAR | D&AB ZAR | EBITDAB ZAR | Net profitB ZAR | Operating CFB ZAR | Capex + M&AB ZAR | AssetsB ZAR | EquityB ZAR | ROE (annualized) | Net debtB ZAR | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | H1 2026 (6M) | OK | 126.3 y/y 7.1% | 6.6 y/y 7.6% | 1.9 y/y 7.9% | 8.5 y/y 7.7% | 4.4 y/y 16.7% | 4.6 | -2.8 | 113.7 y/y 4.5% | 47.0 y/y 5.8% | 18.6% | 7.8 | Link |
| 2025-06-30 | H2 2025 (6M) | OK | 117.6 y/y 4.9% | 6.6 y/y 5.4% | 1.9 y/y 9.3% | 8.5 y/y 6.2% | 4.4 y/y 5.5% | 4.9 | -3.1 | 121.0 y/y 12.4% | 47.3 y/y 12.1% | 17.8% | 6.2 | Link |
| 2024-12-31 | H1 2025 (6M) | OK | 117.9 y/y 3.6% | 6.1 y/y 6.6% | 1.8 y/y 12.2% | 7.9 y/y 7.8% | 3.8 y/y -1.8% | 3.3 | -3.3 | 108.8 y/y 5.7% | 44.4 y/y 7.8% | 17.4% | 8.1 | Link |
| 2024-06-30 | H2 2024 (6M) | OK | 112.1 y/y — | 6.3 y/y — | 1.7 y/y — | 8.0 y/y — | 4.2 y/y — | 5.4 | -3.0 | 107.7 y/y 1.0% | 42.2 y/y 6.0% | 19.2% | 3.1 | Link |
| 2023-12-31 | H1 2024 (6M) | OK | 113.8 y/y — | 5.7 y/y — | 1.6 y/y — | 7.3 y/y — | 3.8 y/y — | 1.5 | -2.9 | 103.0 y/y — | 41.2 y/y — | 18.9% | 6.2 | Link |
| 2023-06-30 | FY 2023 (12M) | OK | 196.3 y/y — | 10.6 y/y — | 2.7 y/y — | 13.3 y/y — | 6.9 y/y — | 7.7 | -4.4 | 106.6 y/y — | 39.8 y/y — | — | 2.1 | Link |
Quarterly values (ZAR mln)
Year-over-year change
FCF (ZAR mln)
Net debt / cash (ZAR mln)
| year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| cash flow / profit | 0.68x | 1.11x | 0.87x | 1.00x |
| accruals, % of assets | 1.9% | -0.7% | 1.0% | -0.0% |
Value the company creates per year, as a % of market cap
Value created per year: +7.4%
| 1. EBITDA growth (latest quarter YoY, annualised) [EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2025-12-31 vs 2024-12-31) = (8 522 − 7 913) × 2.00 | 1 219 |
| 2. Current EV/EBITDA (LTM) (Market cap + Net debt) ÷ EBITDA (LTM) = (143 921 + 7 773) ÷ 17 049 | 8.9x |
| 3. Target multiple (Current EV/EBITDA + 8) ÷ 2 = (8.9 + 8) ÷ 2 | 8.4x |
| 4. Cash flow (balance method, LTM) Net-debt reduction + dividends + buybacks − equity issuance = 353 + 0 + 0 − 0 | 353 |
| 5. Value created per year (EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap = (1 219 × 8.4 + 353) ÷ 143 921 | +7.4% |
Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.
Caveats:
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-03-25 | 615 ZAR | Ex-dividend: 615 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2025-09-23 | 600 ZAR | Ex-dividend: 600 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2025-03-26 | 560 ZAR | Ex-dividend: 560 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2024-09-25 | 565 ZAR | Ex-dividend: 565 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2024-03-19 | 525 ZAR | Ex-dividend: 525 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2023-09-27 | 500 ZAR | Ex-dividend: 500 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2023-03-22 | 440 ZAR | Ex-dividend: 440 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2022-09-21 | 400 ZAR | Ex-dividend: 400 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2022-03-23 | 300 ZAR | Ex-dividend: 300 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2021-10-20 | 400 ZAR | Ex-dividend: 400 ZAR per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Investor reporting (IR): https://www.bidvest.co.za/investor-centre.php
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Bidvest Group — from primary filings.
Bidvest Group provides foodservice solutions, distributing fresh ingredients and non-food catering supplies to hospitality, institutional, and retail sectors across multiple countries. It also manufactures and distributes meat, poultry, dairy, and baking products.
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