Bid Corporation Stock

Bid Corporation ROE

The Return on Equity (ROE) of Bid Corporation (BID.JO) as of Aug 23, 2026 is 17.28 %. In the previous year, Return on Equity (ROE) was 18.99 % — a change of -8.97% (lower).

ROE

17.28 %

YoY

-8.97%

Last updated:

In 2026, Bid Corporation's return on equity (ROE) was 17.28 %, a -8.97% increase from the 18.99 % ROE in the previous year.

The Bid Corporation ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2018
13.35 ZAR
Jan 1, 2019
14.40 ZAR
Jan 1, 2020
4.16 ZAR
Jan 1, 2021
11.09 ZAR
Jan 1, 2022
15.64 ZAR
Jan 1, 2023
17.30 ZAR
Jan 1, 2024
18.99 ZAR
Jan 1, 2025
17.28 ZAR
The Bid Corporation ROE history
YEARROEYoY
17.28 %-8.97%
18.99 %+9.76%
17.30 %+10.58%
15.64 %+41.07%
11.09 %+166.74%
4.16 %-71.13%
14.40 %+7.90%
13.35 %-21.59%
17.02 %+24.98%
13.62 %-4.24%
14.22 %—
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Bid Corporation Stock analysis

What does Bid Corporation do? Bid Corporation Ltd, also known as Bidfood, is a leading company in the food industry. Founded in 1988 as Bidvest, the company is headquartered in Johannesburg, South Africa. Bid Corporation is one of the most popular companies on Eulerpool.

ROE Details

Decoding Bid Corporation's Return on Equity (ROE)

Bid Corporation's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Bid Corporation's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Bid Corporation's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Bid Corporation’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Bid Corporation stock

Return on Equity (ROE) of Bid Corporation is 17.28 % in 2026.

Return on Equity (ROE) of Bid Corporation changed from 18.99 % to 17.28 %, representing a -8.97% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Bid Corporation since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Bid Corporation with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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Profitability — Bid Corporation

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Bid Corporation