Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Bid Corporation Limited delivers extensive foodservice solutions across the globe. The company engages in the production and distribution of a diverse range of fresh ingredients, encompassing fish, seafood, various meats, fresh produce, dairy products, and shelf-stable goods. These crucial supplies serve clients in the hospitality, institutional, catering, and retail industries. In addition to ingredients, Bidcorp provides distribution services for food and beverages, specifically targeting the HoReCa (Hotel, Restaurant, Catering) sector, and develops innovative e-commerce platforms. Its operations further extend to manufacturing and supplying poultry, dairy, a wide variety of general food ingredients, along with specialized baking components and equipment. The firm manages a sophisticated multi-temperature logistics network, ensuring the optimal handling and delivery of ambient, chilled, and frozen food products. Beyond its core food offerings, it distributes unique products for the Western-style food market and supplies local frozen, chilled, and ambient items to independent street vendors. The company's portfolio also includes the sale of non-food merchandise. Bid Corporation Limited was established in 1988 and is headquartered in Johannesburg, South Africa.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, trading at neutral le
Target Price
The average target price of BID.JO is 47876 and suggests 8.67% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda