Bid (BPPPF) EBIT: $768 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BPPPF Bid Corp Ltd BPPPF
91 GF Score
Price $25.52
GF Value $29.40
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Bid EBIT?

Bid BPPPF 91 EBIT is $768 Mil as of Dec. 2025. GuruFocus rates BPPPF with a GF Score™ of 91/100 and a GF Value™ of $29.40 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Bid's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $398 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $768 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bid's annualized ROC % for the quarter that ended in Dec. 2025 was 13.79%. Bid's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 30.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bid's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.86%.

Bid  (OTCPK:BPPPF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Bid's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=783.942 * ( 1 - 26.55% )/( (4061.798 + 4291.215)/ 2 )
=575.805399/4176.5065
=13.79 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6788.226 - 2066.006 - ( 660.422 - max(0, 2412.971 - 3159.795+660.422))
=4061.798

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6757.139 - 1929.924 - ( 536 - max(0, 2235.091 - 3022.563+536))
=4291.215

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Bid's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=796.436/( ( (2138.877 + max(324.441, 0)) + (2203.029 + max(502.346, 0)) )/ 2 )
=796.436/( ( 2463.318 + 2705.375 )/ 2 )
=796.436/2584.3465
=30.82 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1284.221 + 1080.971 + 97.255) - (2066.006 + 0 + 72)
=324.441

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1402.535 + 1084.027 + 0.0010000000002037) - (1929.924 + 0 + 54.293)
=502.346

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Bid's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=767.835/9766.346
=7.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bid EBIT Related Terms

Bid EBIT Historical Data

* Premium members only.

The historical data trend for Bid's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bid EBIT Chart

Bid Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359.24 458.27 555.78 665.88 705.91

Bid Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 317.67 344.70 328.94 369.62 398.22

BPPPF vs SYY, USFD, PFGC: EBIT Comparison

For the Food Distribution subindustry, Bid's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bid EV-to-EBIT vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Bid's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bid's EV-to-EBIT falls into.


BPPPF
91GF Score
Bid Corp Ltd BPPPF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bid EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $768 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $768 Mil mean?
Bid (BPPPF) has a EBIT of $768 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bid.
Is Bid's EBIT too high?
Bid's current EBIT is $768 Mil. Overall, Bid has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bid's EBIT compare to SYY and USFD?
Bid's EBIT of $768 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Retail - Defensive company?
A good EBIT depends on the Retail - Defensive industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bid. Bid's current EBIT is $768 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bid stock overvalued right now?
Based on GuruFocus' analysis, Bid (BPPPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.40, compared to a current price of $25.52 — trading 13.2% below its estimated fair value. The current EBIT is $768 Mil. Bid's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Bid (BPPPF), the current EBIT is $768 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bid (BPPPF) Overvalued in 2026?

Based on GuruFocus' analysis, Bid stock appears to be undervalued. The current stock price of $25.52 is trading 13.2% below its estimated GF Value™ of $29.40. GuruFocus considers Bid to be Modestly Undervalued.

Key valuation signals for BPPPF:

  • EBIT: $768 Mil
  • GF Value™: $29.40 vs. price of $25.52 (13.2% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the BPPPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bid Business Description

Other Exchanges BID:South Africa
Address 90 Rivonia Road, 2nd Floor, North Wing, Sandton, Johannesburg, GT, ZAF, 2196
Bid Corp Ltd is a foodservice company. The company distributes chilled and frozen foods, fresh produce, meats, and nonfood products to operators around the globe. The company has various business segments, several of which it divides by geographic region. Its business segments include: Australasia, the United Kingdom, Europe, and Emerging Markets. The company generates the vast majority of its revenue from Europe.
91GF Score

Get the complete analysis for BPPPF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.52
Price
$29.40
GF Value