Bid Corp Ltd

NEW
JSE:BID (South Africa)  
R 446.09 +2.52 (+0.57%) Sep 10
17.07
P/B:
3.21
Market Cap:
R 149.10B ($ 9.23B)
Enterprise V:
R 160.71B ($ 9.95B)
Volume:
492.94K
Avg Vol (2M):
621.11K
Trade In:
Volume:
492.94K
Avg Vol (2M):
621.11K

Bid Corp Ltd’s share price is R446.09. Its GF Value is R494.05. Based on the relationship between the current stock price and the GF Value, GuruFocus believes Bid Corp Ltd stock is .

The GF Value represents the current intrinsic value of a stock derived from our proprietary algorithm. It is based primarily on the historical multiples of where the stocks have been traded and the future growth of the business, adjusted for the past returns and growth. The GF Value has been verified by backtesting and daily updated model portfolios.

GF Value Growth:

In addition to considering the current valuation, the growth potential of a company's value is equally important. Companies with faster growth rates tend to increase their value more quickly. Therefore, it's essential to look at the Price-to-Future GF Value ratios as well. The results are shown below:

Price: R446.09 GF Value Price/GF Value
Current R494.05 0.90
Next FY1 End R489.64 0.91
Next 12 Month R520.62 0.86
Next FY2 End R511.7 0.87
Correlation Analysis
Summary:

GuruFocus performed a correlation analysis comparing Bid Corp Ltd's stock price with key financial metrics: revenue per share, book value per share, EPS without NRI, and operating cash flow per share.

The analysis reveals the strongest correlation between Bid Corp Ltd's stock price and Book Value per share, with a coefficient of 96%. This is followed by a 94% correlation with Revenue per share and a 90% correlation with Operating Cash Flow per share. The weakest correlation is observed with Operating Cash Flow per share, at 86%.

Historical Trends of Key Valuation Ratios
GF Value of Related Companies