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BidJSE:BID +0.57%86 Interest Coverage is 10.44 as of Jun. 2026, which is 5% above its 10-year median of 9.99. GuruFocus rates JSE:BID with a GF Score™ of 86/100 and a GF Value™ of R494.05 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 251 Retail - Defensive companies, Bid ranks better than 52.19% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Bid's
Operating Income
for the
six
months ended in Jun. 2026 was R7,086 Mil. Bid's Interest Expense for the
six
months ended in Jun. 2026 was R-678 Mil.
Bid's interest coverage for the quarter that ended in Jun. 2026 was 10.44.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Bid's Interest Coverage or its related term are showing as below:
JSE:BID'
s Interest Coverage Range Over the Past 10 Years
Min: 6.11 Med: 9.99 Max: 18.78
Current: 9.34
JSE:BID's Interest Coverage is ranked better than 52.19% of 251
companies
in the Retail - Defensive industry
Industry Median: 8.8
vs JSE:BID: 9.34
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Bid Interest Coverage Related Terms
Bid Interest Coverage Historical Data
* Premium members only.
The historical data trend for Bid's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
JSE:BID vs SYY, USFD, PFGC: Interest Coverage Comparison
For the Food Distribution subindustry, Bid's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Bid's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Bid's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (JSE:BID) has a Interest Coverage of 10.44 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bid and its competitors. This is near median its historical median of 9.99. Over the past decade, Bid's Interest Coverage has ranged from 6.11 to 18.78. According to the industry distribution chart, Bid ranks #120 out of 251 companies in the Retail - Defensive industry, placing it in the top 47.8%.
Is Bid's Interest Coverage too high?
Bid's current Interest Coverage of 10.44 is near median its 10-year median of 9.99. Over the past 10 years, this metric has ranged from a low of 6.11 to a high of 18.78. The Retail - Defensive industry median Interest Coverage is 8.80. Bid's value of 10.44 is 18.6% above this industry median. Based on the distribution chart, Bid ranks #120 out of 251 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Bid has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bid's Interest Coverage compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Bid ranks #120 out of 251 companies for Interest Coverage. This puts Bid in the upper half of its industry. The industry median Interest Coverage is 8.80. Bid's value of 10.44 is 18.6% above this benchmark. Historically, Bid's own Interest Coverage has ranged from 6.11 to 18.78 over the past decade. While the company's 10-year median is 9.99 vs. the industry median of 8.80, Bid 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 Interest Coverage for a Retail - Defensive company?
The median Interest Coverage among Retail - Defensive companies is 8.80, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bid's current Interest Coverage of 10.44 is 18.6% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bid and its competitors. For the Retail - Defensive industry, the median Interest Coverage is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bid's current Interest Coverage is 10.44, which is near median its own 10-year median of 9.99. 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 (JSE:BID) is currently considered Modestly Undervalued. The stock's GF Value™ is R494.05, compared to a current price of R446.09 — trading 9.7% below its estimated fair value. The current Interest Coverage is 10.44, which is near median its 10-year median of 9.99 and 18.6% above the Retail - Defensive industry median of 8.80. Bid's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Bid (JSE:BID), the current Interest Coverage is 10.44 as of Jun. 2026. 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 (JSE:BID) Overvalued in 2026?
Based on GuruFocus' analysis, Bid stock appears to be undervalued.
The current stock price of R446.09 is trading 9.7% below its estimated GF Value™ of R494.05.
GuruFocus considers Bid to be Modestly Undervalued.
Key valuation signals for JSE:BID:
Interest Coverage: 10.44 (near median its 10-year median of 9.99)
GF Value™: R494.05 vs. price of R446.09 (9.7% below fair value)
Industry Position: 18.6% above the Retail - Defensive median (#120 of 251)
No single metric tells the full story. See the JSE:BID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
86GF Score
Get the complete analysis for JSE:BID
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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