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Bid (JSE:BID) EV-to-EBIT : 13.79 (As of May. 08, 2024)


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What is Bid EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Bid's Enterprise Value is R158,604 Mil. Bid's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R11,498 Mil. Therefore, Bid's EV-to-EBIT for today is 13.79.

The historical rank and industry rank for Bid's EV-to-EBIT or its related term are showing as below:

JSE:BID' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.61   Med: 17.76   Max: 37.72
Current: 13.8

During the past 11 years, the highest EV-to-EBIT of Bid was 37.72. The lowest was 10.61. And the median was 17.76.

JSE:BID's EV-to-EBIT is ranked worse than
52.81% of 267 companies
in the Retail - Defensive industry
Industry Median: 13.29 vs JSE:BID: 13.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Bid's Enterprise Value for the quarter that ended in Dec. 2023 was R156,556 Mil. Bid's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R11,498 Mil. Bid's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.34%.


Bid EV-to-EBIT Historical Data

The historical data trend for Bid's EV-to-EBIT 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.

* Premium members only.

Bid EV-to-EBIT Chart

Bid Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.95 34.11 21.94 15.25 14.22

Bid Semi-Annual Data
Jun13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT 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 - 15.25 - 14.22 -

Competitive Comparison of Bid's EV-to-EBIT

For the Food Distribution subindustry, Bid's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Bid's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bid's EV-to-EBIT falls into.



Bid EV-to-EBIT Calculation

Bid's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=158603.827/11498.49
=13.79

Bid's current Enterprise Value is R158,604 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bid's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R11,498 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.


Bid  (JSE:BID) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Bid's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=11498.49/156556.3404
=7.34 %

Bid's Enterprise Value for the quarter that ended in Dec. 2023 was R156,556 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bid's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R11,498 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.


Bid EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Bid's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Bid (JSE:BID) Business Description

Traded in Other Exchanges
Address
90 Rivonia Road, 2nd Floor, North Wing, Sandton, Johannesburg, GT, ZAF, 2196
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.

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