Page 92 - Profile's Stock Exchange Handbook - 2025 Issue 4
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JSE - BID                               Profile’s Stock Exchange Handbook: 2025 - Issue 4
                 Bid Corporation Ltd.                    The Bidvest Group Ltd.

        ISIN: ZAE000216537   SHORT: BIDCORP   CODE: BID  ISIN: ZAE000117321   SHORT: BIDVEST   CODE: BVT
        REG NO: 1995/008615/06   FOUNDED: 1995   LISTED: 2016  REG NO: 1946/021180/06   FOUNDED: 1988   LISTED: 1990
        NATURE  OF  BUSINESS:  Bidcorp  is  an  international  broad-line   NATURE OF BUSINESS: Bidvest is a leading B2B services, trading and
         foodservice  group,  listed  on  the  Johannesburg  Stock  Exchange,   distribution  Group.  Bidvest  has  a  blended  portfolio  of  defensive
         and  present  in  developed  and  developing  economies  on  five   and  cyclical  businesses  that  are  diversified,  essential  and  asset-
         continents.                               light. The diverse portfolio operates in two segments – Business
        SECTOR: CnsStp--PcDrugs&Groceries--PcDrugs&Groceries--Food  services  and Trading  and  distribution  –  through  seven  divisions
        NUMBER OF EMPLOYEES: 22 552                and a majority-owned listed subsidiary, Adcock Ingram.
        DIRECTORS: Abdool-Samad T (ind ne), Baloyi P C (ind ne), Joffe B (ind ne),   SECTOR: Inds--IndsGoods&Services--GeneralIndustr--DiversIndustr
         Moloko K R (ind ne), Payne N G (ld ind ne), Rosenberg C (ind ne, Australia),   NUMBER OF EMPLOYEES: 131 326
         Wiseman H (ind ne, Australia), Koseff S (Chair, ind ne), Berson B L    DIRECTORS: Boyce L (ind ne), Khanyile F N (ind ne), Khumalo M G (ind ne),
         (CEO, Australia), Cleasby D E (CFO)       Mabaso-Koyana S N (ind ne), Masata D (ind ne), McMahon G C,
        MAJOR ORDINARY SHAREHOLDERS as at 9 Oct 2025   Mokate Dr R D (ld ind ne), Shuenyane K L (ind ne), Thomson N W (ind ne),
         Government Employees Pension Fund   19.30%   Mohale B (Chair, ind ne), Madisa N T (CEO), Steyn M (CFO)
         JP Morgan Chase & Co.              5.09%  MAJOR ORDINARY SHAREHOLDERS as at 25 Jun 2025
        POSTAL ADDRESS: Postnet Suite 136, Private Bag X9976, Sandton, 2146  Government Employees Pension Fund   20.62%
        MORE INFO: www.sharedata.co.za/sdo/jse/BID  The Standard Bank Group Ltd.      5.09%
        COMPANY SECRETARY: Bidcorp Corporate Services (Pty) Ltd.  Lazard Asset Managers LLC   5.07%
        TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.  POSTAL ADDRESS: PO Box 87274, Houghton, Johannesburg, 2041
        SPONSOR: Standard Bank of SA Ltd.         MORE INFO: www.sharedata.co.za/sdo/jse/BVT
        AUDITORS: PricewaterhouseCoopers Inc.     COMPANY SECRETARY: Nonqaba Katamzi
        CAPITAL STRUCTURE      Authorised  Issued  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
        BID    Ords no par val     540 000 000     336 904 212  SPONSOR: Investec Bank Ltd.
                                                  AUDITORS: PwC Inc.
        DISTRIBUTIONS [ZARc]                      CAPITAL STRUCTURE      Authorised   Issued
        Ords no par val   Ldt      Pay       Amt  BVT     Ords 5c ea        540 000 000     340 274 346
        Final No 17    22 Sep 25  29 Sep 25  600.00
        Interim No 16  25 Mar 25  31 Mar 25  560.00  DISTRIBUTIONS [ZARc]
        LIQUIDITY: Oct25 Avg 4m shares p.w., R1 847.3m(63.4% p.a.)  Ords 5c ea  Ldt  Pay  Amt
                                                  Final No 55    22 Sep 25  29 Sep 25  453.00
          BIDCORP  40 Week MA  FOOR               Interim No 54  25 Mar 25  31 Mar 25  470.00
                                            50000
                                                  LIQUIDITY: Oct25 Avg 5m shares p.w., R1 124.0m(71.2% p.a.)
                                            45000
                                                    BIDVEST  40 Week MA  GENI
                                            40000                                     30000
                                                                                      28000
                                            35000
                                                                                      26000
                                            30000                                     24000
                                                                                      22000
                                            25000
                                                                                      20000
                                            20000                                     18000
         2021   2022   2023   2024   2025
                                                                                      16000
                                                                                      14000
        FINANCIAL STATISTICS
                    Jun 25   Jun 24  Jun 23   Jun 22   Jun 21   2021  2022  2023  2024  2025  12000
        (R million)
                     Final  Final  Final  Final  Final
        Turnover    235 591  225 905  196 341  147 138  114 803  FINANCIAL STATISTICS
        Op Inc       12 148  11 804  10 158  7 080  4 917  (R million)  Jun 25   Jun 24  Jun 23   Jun 22   Jun 21
        NetIntPd(Rcvd)  1 118  1 038  910  690  693             Final Final(rst)  Final Final(rst)  Final
        Minority Int   40    49   65    90    30  Turnover    126 605  120 708  114 912  99 929  88 315
        Att Inc       8 174  8 010  6 886  4 825  3 089  Op Inc  12 046  11 965  11 443  9 730  7 891
        TotCompIncLoss  9 076  6 180  12 112  5 818  820  NetIntPd(Rcvd)  2 747  2 492  2 007  1 592  1 471
        Fixed Ass    31 080  25 968  23 347  17 299  15 506  Minority Int  372  403  394  376  278
        Inv & Loans   775   877   693   647  586  Att Inc       6 069  6 369  5 973  5 072  3 845
        Tot Curr Ass  56 307  52 255  53 783  39 074  31 697  TotCompIncLoss  6 373  6 133  7 669  5 533  3 569
        Ord SH Int   47 295  42 190  39 811  30 843  27 855  Fixed Ass  17 080  17 642  16 457  14 902  14 108
        Minority Int  377   334   384   260  233  Inv & Loans   1 212  3 368  3 002  2 378  2 759
        LT Liab      30 293  22 855  24 773  16 726  11 513  Tot Curr Ass  41 746  44 451  43 223  40 329  33 188
        Tot Curr Liab  42 999  42 288  41 672  31 738  29 609  Ord SH Int  38 045  35 324  32 992  28 367  25 538
        PER SHARE STATISTICS (cents per share)    Minority Int  3 370  3 208  3 340  3 509  3 253
        HEPS-C (ZARc)  2 562.70  2 405.50 2 082.90  1 538.30  868.40  LT Liab  43 596  34 780  32 291  30 592  24 338
        DPS (ZARc)  1 160.00  1 090.00  940.00  700.00  400.00  Tot Curr Liab  30 088  39 214  38 528  33 549  33 271
        NAV PS (ZARc)  14 038.00 12 579.00 11 869.00  9 196.00  8 305.00  PER SHARE STATISTICS (cents per share)
        3 Yr Beta     0.68  0.57  0.93  1.27  1.44  HEPS-C (ZARc)  1 759.50  1 818.00 1 794.80  1 442.00  1 183.30
        Price High   49 798  47 816  43 386  36 098  32 250  DPS (ZARc)  923.00  914.00  876.00  744.00  600.00
        Price Low    40 837  39 313  27 500  27 118  22 011  NAV PS (ZARc)  11 193.29 10 392.86 9 695.76  8 346.00  7 514.00
        Price Prd End  46 743  42 487  41 329  30 681  30 961  3 Yr Beta  0.52  0.53  0.77  0.80  0.84
        RATIOS                                    Price High   30 421  29 773  27 250  23 636  20 178
        Ret on SH Fnd  17.23  18.95  17.30  15.80  11.10  Price Low  20 201  22 602  19 284  17 509  12 648
        Oper Pft Mgn  5.16  5.23  5.17  4.81  4.28  Price Prd End  23 352  28 444  26 163  20 959  19 046
        Net debt:E    0.71  0.68  0.70  0.64  0.66  RATIOS
        Current Ratio  1.31  1.24  1.29  1.23  1.07  Ret on SH Fnd  15.55  17.57  17.52  17.09  14.32
        Div Cover     2.10  2.20  2.19  2.06  2.31  Oper Pft Mgn  9.51  9.91  9.96  9.74  8.93
                                                  D:E           1.18  1.26  1.24  1.30  1.30
                                                  Current Ratio  1.39  1.13  1.12  1.20  1.00
                                                  Div Cover     1.93  2.05  2.01  2.01  1.89
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