Bid Corporation Limited (BPPPF) Stock

About Bid Corporation Limited

Bid Corporation Limited, a global foodservice enterprise founded in 1988 and based in Johannesburg, South Africa, delivers a broad spectrum of solutions to its diverse clientele. The company primarily distributes an extensive range of fresh and ambient provisions, including seafood, meats, produce, and dairy products, catering to the hospitality, institutional, catering, and retail industries. It also provides specialized foodservice and beverage distribution services to the HoReCa sector. Beyond its distribution network, Bid Corporation develops e-commerce platforms and actively manufactures and supplies various food items such as meat, poultry, dairy, general food ingredients, and baking components along with equipment. Its advanced multi-temperature logistics infrastructure ensures the proper handling and delivery of ambient, chilled, and frozen goods. Furthermore, the company sources and distributes specialty products for the Western-style food market, offers a variety of local frozen, chilled, and ambient items for independent street vendors, and supplies essential non-food catering necessities and equipment.

Bid Corporation Limited is headquartered in ZA.

Bid Corporation Limited (BPPPF) stock trades at $25.52 with a market capitalization of $8.57B. The stock is valued at a price-to-earnings (P/E) ratio of 16.79, price-to-book of 3.17, price-to-sales of 0.61. Over the past 52 weeks the stock has ranged between $23.17 and $26.05, and currently trades 2.0% below its 52-week high. It pays a dividend yielding 2.82%.

On profitability, Bid Corporation Limited generates a return on equity (ROE) of 18.74%, above the typical market average, return on capital employed of 17.19%, an operating margin of 5.36%, a net profit margin of 3.61%.

Official website: www.bidcorpgroup.com