Bidvest Group (JSE:BVT) Scaled Net Operating Assets: 0.65 (As of Dec. 2025)


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 Scaled Net Operating Assets?

Bidvest Group JSE:BVT -3.13% 83 Scaled Net Operating Assets is 0.65 as of Dec. 2025. 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bidvest Group's operating assets for the quarter that ended in Dec. 2025 was R116,778 Mil. Bidvest Group's operating liabilities for the quarter that ended in Dec. 2025 was R35,504 Mil. Bidvest Group's Total Assets for the quarter that ended in Jun. 2025 was R124,590 Mil. Therefore, Bidvest Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.65.


Bidvest Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Bidvest Group's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Bidvest Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.59 0.63 0.62 0.71

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
Scaled Net Operating Assets 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 0.64 0.60 0.68 0.68 0.65

JSE:BVT vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Bidvest Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bidvest Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Bidvest Group's Scaled Net Operating Assets falls into.


JSE:BVT
83GF Score
Bidvest Group Ltd JSE:BVT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Bidvest Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Bidvest Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(118396.534-38668.016)/112581.519
=0.71

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=124590.172 - 6193.638
=118396.534

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=83175.615 - 37654.856 - 6852.743
=38668.016

Bidvest Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(116778.169-35504.1)/124590.172
=0.65

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=121752.662 - 4974.493
=116778.169

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=79079 - 32794.058 - 10780.842
=35504.1

* 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.

What does a Scaled Net Operating Assets of 0.65 mean?
Bidvest Group (JSE:BVT) has a Scaled Net Operating Assets of 0.65 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bidvest Group and its competitors.
Is Bidvest Group's Scaled Net Operating Assets too high?
Bidvest Group's current Scaled Net Operating Assets is 0.65. 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 Scaled Net Operating Assets compare to HON and MMM?
Bidvest Group's Scaled Net Operating Assets of 0.65 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bidvest Group and its competitors. Bidvest Group's current Scaled Net Operating Assets is 0.65. 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 Scaled Net Operating Assets is 0.65. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Bidvest Group (JSE:BVT), the current Scaled Net Operating Assets is 0.65 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:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: R280.54 vs. price of R238.14 (15.1% below fair value)
  • GF Score™: 83/100 with 4 warning signs

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

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

R238.14
Price
R280.54
GF Value