Bidvest Group (JSE:BVT) Gross Margin %: 28.08% (As of Dec. 2025) — Near Median


JSE:BVT Bidvest Group Ltd JSE:BVT
83 GF Score
Price R238.14
GF Value R280.54
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bidvest Group Gross Margin %?

Bidvest Group JSE:BVT -3.13% 83 Gross Margin % is 28.08% as of Dec. 2025, which is 4% below its 10-year median of 29.13. GuruFocus rates JSE:BVT with a GF Score™ of 83/100 and a GF Value™ of R280.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 512 Conglomerates companies, Bidvest Group ranks better than 54.49% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bidvest Group's Gross Profit for the six months ended in Dec. 2025 was R18,744 Mil. Bidvest Group's Revenue for the six months ended in Dec. 2025 was R66,748 Mil. Therefore, Bidvest Group's Gross Margin % for the quarter that ended in Dec. 2025 was 28.08%.

Warning Sign:

Bidvest Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


The historical rank and industry rank for Bidvest Group's Gross Margin % or its related term are showing as below:

JSE:BVT' s Gross Margin % Range Over the Past 10 Years
Min: 27.7   Med: 29.13   Max: 30.77
Current: 27.92


During the past 13 years, the highest Gross Margin % of Bidvest Group was 30.77%. The lowest was 27.70%. And the median was 29.13%.

JSE:BVT's Gross Margin % is ranked better than
54.49% of 512 companies
in the Conglomerates industry
Industry Median: 25.905 vs JSE:BVT: 27.92

Bidvest Group had a gross margin of 28.08% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bidvest Group was -2.40% per year.


Bidvest Group  (JSE:BVT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bidvest Group had a gross margin of 28.08% for the quarter that ended in Dec. 2025 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Bidvest Group Gross Margin % Related Terms


Bidvest Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bidvest Group's Gross Margin % 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.

Bidvest Group Gross Margin % Chart

Bidvest Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.77 29.98 29.01 27.85 27.70

Bidvest Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % 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 28.25 27.44 27.65 27.74 28.08

JSE:BVT vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Bidvest Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Bidvest Group Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bidvest Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bidvest Group's Gross Margin % falls into.


JSE:BVT
83GF Score
Bidvest Group Ltd JSE:BVT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bidvest Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Bidvest Group's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=35064.9 / 126605.406
=(Revenue - Cost of Goods Sold) / Revenue
=(126605.406 - 91540.464) / 126605.406
=27.70 %

Bidvest Group's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=18744.1 / 66747.916
=(Revenue - Cost of Goods Sold) / Revenue
=(66747.916 - 48003.864) / 66747.916
=28.08 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 28.08% mean?
Bidvest Group (JSE:BVT) has a Gross Margin % of 28.08% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bidvest Group and its competitors. This is near median its historical median of 29.13. Over the past decade, Bidvest Group's Gross Margin % has ranged from 27.70 to 30.77. According to the industry distribution chart, Bidvest Group ranks #233 out of 512 companies in the Conglomerates industry, placing it in the top 45.5%.
Is Bidvest Group's Gross Margin % too high?
Bidvest Group's current Gross Margin % of 28.08% is near median its 10-year median of 29.13. Over the past 10 years, this metric has ranged from a low of 27.70 to a high of 30.77. The Conglomerates industry median Gross Margin % is 25.91. Bidvest Group's value of 28.08% is 8.4% above this industry median. Based on the distribution chart, Bidvest Group ranks #233 out of 512 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Bidvest Group has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bidvest Group's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Bidvest Group ranks #233 out of 512 companies for Gross Margin %. This puts Bidvest Group in the upper half of its industry. The industry median Gross Margin % is 25.91. Bidvest Group's value of 28.08% is 8.4% above this benchmark. Historically, Bidvest Group's own Gross Margin % has ranged from 27.70 to 30.77 over the past decade. While the company's 10-year median is 29.13 vs. the industry median of 25.91, Bidvest Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.91, based on 512 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bidvest Group's current Gross Margin % of 28.08% is 8.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Bidvest Group and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bidvest Group's current Gross Margin % is 28.08%, which is near median its own 10-year median of 29.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bidvest Group stock overvalued right now?
Based on GuruFocus' analysis, Bidvest Group (JSE:BVT) is currently considered Modestly Undervalued. The stock's GF Value™ is R280.54, compared to a current price of R238.14 — trading 15.1% below its estimated fair value. The current Gross Margin % is 28.08%, which is near median its 10-year median of 29.13 and 8.4% above the Conglomerates industry median of 25.91. Bidvest Group's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Bidvest Group (JSE:BVT), the current Gross Margin % is 28.08% 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 Bidvest Group (JSE:BVT) Overvalued in 2026?

Based on GuruFocus' analysis, Bidvest Group stock appears to be undervalued. The current stock price of R238.14 is trading 15.1% below its estimated GF Value™ of R280.54. GuruFocus considers Bidvest Group to be Modestly Undervalued.

Key valuation signals for JSE:BVT:

  • Gross Margin %: 28.08% (near median its 10-year median of 29.13)
  • GF Value™: R280.54 vs. price of R238.14 (15.1% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 8.4% above the Conglomerates median (#233 of 512)

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


Bidvest Group Business Description

Address 18 Crescent Drive, Bidvest House, Melrose Arch, Melrose, Johannesburg, GT, ZAF, 2196
Bidvest Group Ltd is a diversified business-to-business services, trading, and distribution company. Its diverse portfolio operates in two segments: Business services and Trading and distribution, through six divisions and a majority-owned subsidiary, Adcock Ingram. The company principally generates revenue from providing a wide range of goods and services through its eight core trading segments, Services South Africa, Services International, Freight, Commercial Products, Branded Products, Adcock Ingram and Automotive. Geographically, it derives the majority of revenue from South Africa.
83GF Score

Get the complete analysis for JSE:BVT

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

R238.14
Price
R280.54
GF Value