Bidvest Group (JSE:BVT) Tax Expense: R1,950 Mil (TTM As of Dec. 2025)


JSE:BVT Bidvest Group Ltd JSE:BVT
83 GF Score
Price R242.16
GF Value R280.54
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bidvest Group Tax Expense?

Bidvest Group JSE:BVT +1.69% 83 Tax Expense is R1,950 Mil 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.

Bidvest Group's tax expense for the months ended in Dec. 2025 was R1,267 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2025 was R1,950 Mil.


Bidvest Group  (JSE:BVT) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Bidvest Group Tax Expense Related Terms


Bidvest Group Tax Expense Historical Data

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The historical data trend for Bidvest Group's Tax Expense 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 Tax Expense Chart

Bidvest Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,670.77 2,332.25 2,327.90 2,186.01 1,901.75

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
Tax Expense 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 1,260.72 925.29 1,219.41 682.34 1,267.41
JSE:BVT
83GF Score
Bidvest Group Ltd JSE:BVT
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bidvest Group Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense 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 R1,950 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 Tax Expense →
What does a Tax Expense of R1,950 Mil mean?
Bidvest Group (JSE:BVT) has a Tax Expense of R1,950 Mil as of Dec. 2025. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Bidvest Group and its competitors.
Is Bidvest Group's Tax Expense too high?
Bidvest Group's current Tax Expense is R1,950 Mil. 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 Tax Expense compare to HON and MMM?
Bidvest Group's Tax Expense of R1,950 Mil 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 Tax Expense for a Conglomerates company?
A good Tax Expense depends on the Conglomerates industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Bidvest Group and its competitors. Bidvest Group's current Tax Expense is R1,950 Mil. 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 R242.16 — trading 13.7% below its estimated fair value. The current Tax Expense is R1,950 Mil. 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 Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Bidvest Group (JSE:BVT), the current Tax Expense is R1,950 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 Bidvest Group (JSE:BVT) Overvalued in 2026?

Based on GuruFocus' analysis, Bidvest Group stock appears to be undervalued. The current stock price of R242.16 is trading 13.7% below its estimated GF Value™ of R280.54. GuruFocus considers Bidvest Group to be Modestly Undervalued.

Key valuation signals for JSE:BVT:

  • Tax Expense: R1,950 Mil
  • GF Value™: R280.54 vs. price of R242.16 (13.7% 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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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R242.16
Price
R280.54
GF Value