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Bidvest Group Ltd
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Let's analyse Bidvest together

PenkeI guess you are interested in Bidvest Group Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Bidvest Group Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Bidvest (30 sec.)










What can you expect buying and holding a share of Bidvest? (30 sec.)

How much money do you get?

How much money do you get?
$1.69
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$5.64
Expected worth in 1 year
$5.35
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
$1.40
Return On Investment
9.9%

For what price can you sell your share?

Current Price per Share
$14.15
Expected price per share
$13.10 - $13.78
How sure are you?
50%

1. Valuation of Bidvest (5 min.)




Live pricePrice per Share (EOD)

$14.15

Intrinsic Value Per Share

$5.49 - $36.70

Total Value Per Share

$11.14 - $42.34

2. Growth of Bidvest (5 min.)




Is Bidvest growing?

Current yearPrevious yearGrowGrow %
How rich?$1.9b$1.9b-$22.4m-1.2%

How much money is Bidvest making?

Current yearPrevious yearGrowGrow %
Making money$315.9m$309.3m$6.5m2.1%
Net Profit Margin5.2%5.1%--

How much money comes from the company's main activities?

3. Financial Health of Bidvest (5 min.)




4. Comparing to competitors in the Conglomerates industry (5 min.)




  Industry Rankings (Conglomerates)  


Richest
#12 / 248

Most Revenue
#5 / 248

Most Profit
#5 / 248

What can you expect buying and holding a share of Bidvest? (5 min.)

Welcome investor! Bidvest's management wants to use your money to grow the business. In return you get a share of Bidvest.

What can you expect buying and holding a share of Bidvest?

First you should know what it really means to hold a share of Bidvest. And how you can make/lose money.

Speculation

The Price per Share of Bidvest is $14.15. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Bidvest.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Bidvest, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $5.64. Based on the TTM, the Book Value Change Per Share is $-0.07 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.22 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.42 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bidvest.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps17.53123.9%17.53123.9%14.90105.3%10.7075.6%36.10255.1%
Usd Book Value Change Per Share-0.07-0.5%-0.07-0.5%-0.22-1.5%0.060.4%-7.54-53.3%
Usd Dividend Per Share0.423.0%0.423.0%0.423.0%0.362.5%1.8212.9%
Usd Total Gains Per Share0.352.5%0.352.5%0.201.4%0.422.9%-5.72-40.4%
Usd Price Per Share14.25-14.25-12.89-8.23-5.77-
Price to Earnings Ratio0.81-0.81-0.87-0.58-0.33-
Price-to-Total Gains Ratio40.61-40.61-63.16-37.47-22.52-
Price to Book Ratio2.53-2.53-2.26-1.43-0.96-
Price-to-Total Gains Ratio40.61-40.61-63.16-37.47-22.52-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.15
Number of shares70
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.420.36
Usd Book Value Change Per Share-0.070.06
Usd Total Gains Per Share0.350.42
Gains per Quarter (70 shares)24.5629.10
Gains per Year (70 shares)98.25116.40
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1118-208810116106
2237-4018620231222
3355-6028430247338
4473-8038240362454
5592-10148050478570
6710-12157860594686
7828-141676706109802
8947-161774806125918
91065-1818729071401034
101184-20197010081561150

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%21.01.00.095.5%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%6.04.00.060.0%17.05.00.077.3%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.04.081.8%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%8.02.00.080.0%20.02.00.090.9%

Fundamentals of Bidvest

About Bidvest Group Ltd

The Bidvest Group Limited, an investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally. The company operates through Adcock Ingram, Bidvest Automotive, Bidvest Commercial Products, Bidvest Financial Services, Bidvest Freight, Bidvest Branded Products, Bidvest Services South Africa, Bidvest Services International, Bidvest Properties, and Bidvest Corporate and Investments segments. It offers online motor retailing and develops systems. The company also manufactures and trades bathroom and plumbing products; distributes electrical cable and allied products; and offers motor vehicle accessories, as well as camping and outdoor equipment. In addition, it provides fleet management, foreign exchange services, insurance products, and other financial services; operates and supports terminals; provides international clearing, freight forwarding, integrated logistics, supply chain, and marine services; facilitates storage, handling, and movement of cargo via ocean freight, air freight, road, and rail. Further, the company supplies stationery, paper or printer cartridges, and packaging and data services; offers consumer-facing trading and distribution businesses offering luggage and travel accessories representing local and global brands; manufacture, market, and distribution of healthcare products to both the private and public market sectors. Additionally, it provides security, laundry, landscaping, food, travel, cargo and aviation, office water and coffee vending services to corporate and small to medium business clients; hygiene, cleaning, and facilities management services; owns, manages, and develops properties; and provides professional property services and consulting on all property-related matters; and provides treasury, secretarial, corporate finance, and governance services. The Bidvest Group Limited was founded in 1988 and is headquartered in Johannesburg, South Africa.

Fundamental data was last updated by Penke on 2024-03-29 01:41:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Bidvest Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Bidvest earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Bidvest to the Conglomerates industry mean.
  • A Net Profit Margin of 5.2% means that $0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bidvest Group Ltd:

  • The MRQ is 5.2%. The company is making a profit. +1
  • The TTM is 5.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.2%0.0%
TTM5.2%YOY5.1%+0.1%
TTM5.2%5Y3.8%+1.4%
5Y3.8%10Y5.0%-1.2%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%4.1%+1.1%
TTM5.2%3.9%+1.3%
YOY5.1%3.8%+1.3%
5Y3.8%2.9%+0.9%
10Y5.0%3.8%+1.2%
1.1.2. Return on Assets

Shows how efficient Bidvest is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Bidvest to the Conglomerates industry mean.
  • 5.6% Return on Assets means that Bidvest generated $0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bidvest Group Ltd:

  • The MRQ is 5.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY5.3%+0.3%
TTM5.6%5Y4.2%+1.4%
5Y4.2%10Y6.1%-1.9%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%0.8%+4.8%
TTM5.6%0.8%+4.8%
YOY5.3%0.8%+4.5%
5Y4.2%0.7%+3.5%
10Y6.1%0.8%+5.3%
1.1.3. Return on Equity

Shows how efficient Bidvest is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Bidvest to the Conglomerates industry mean.
  • 18.1% Return on Equity means Bidvest generated $0.18 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bidvest Group Ltd:

  • The MRQ is 18.1%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 18.1%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ18.1%TTM18.1%0.0%
TTM18.1%YOY17.9%+0.2%
TTM18.1%5Y12.8%+5.3%
5Y12.8%10Y16.1%-3.3%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ18.1%2.1%+16.0%
TTM18.1%2.0%+16.1%
YOY17.9%3.1%+14.8%
5Y12.8%1.9%+10.9%
10Y16.1%2.2%+13.9%

1.2. Operating Efficiency of Bidvest Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Bidvest is operating .

  • Measures how much profit Bidvest makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Bidvest to the Conglomerates industry mean.
  • An Operating Margin of 9.1% means the company generated $0.09  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Bidvest Group Ltd:

  • The MRQ is 9.1%. The company is operating less efficient.
  • The TTM is 9.1%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.1%TTM9.1%0.0%
TTM9.1%YOY9.3%-0.2%
TTM9.1%5Y8.9%+0.2%
5Y8.9%10Y8.6%+0.3%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ9.1%8.1%+1.0%
TTM9.1%4.7%+4.4%
YOY9.3%7.0%+2.3%
5Y8.9%5.6%+3.3%
10Y8.6%5.1%+3.5%
1.2.2. Operating Ratio

Measures how efficient Bidvest is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Conglomerates industry mean).
  • An Operation Ratio of 0.91 means that the operating costs are $0.91 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Bidvest Group Ltd:

  • The MRQ is 0.909. The company is less efficient in keeping operating costs low.
  • The TTM is 0.909. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.909TTM0.9090.000
TTM0.909YOY0.907+0.002
TTM0.9095Y0.911-0.002
5Y0.91110Y0.915-0.003
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9091.508-0.599
TTM0.9091.497-0.588
YOY0.9071.422-0.515
5Y0.9111.409-0.498
10Y0.9151.189-0.274

1.3. Liquidity of Bidvest Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Bidvest is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
  • A Current Ratio of 1.12 means the company has $1.12 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Bidvest Group Ltd:

  • The MRQ is 1.122. The company is just able to pay all its short-term debts.
  • The TTM is 1.122. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.122TTM1.1220.000
TTM1.122YOY1.202-0.080
TTM1.1225Y1.126-0.004
5Y1.12610Y1.158-0.032
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1221.466-0.344
TTM1.1221.480-0.358
YOY1.2021.475-0.273
5Y1.1261.555-0.429
10Y1.1581.494-0.336
1.3.2. Quick Ratio

Measures if Bidvest is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Bidvest to the Conglomerates industry mean.
  • A Quick Ratio of 0.72 means the company can pay off $0.72 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bidvest Group Ltd:

  • The MRQ is 0.719. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.719. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.719TTM0.7190.000
TTM0.719YOY0.832-0.114
TTM0.7195Y0.770-0.051
5Y0.77010Y0.794-0.023
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7190.7190.000
TTM0.7190.753-0.034
YOY0.8320.801+0.031
5Y0.7700.864-0.094
10Y0.7940.826-0.032

1.4. Solvency of Bidvest Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Bidvest assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Bidvest to Conglomerates industry mean.
  • A Debt to Asset Ratio of 0.66 means that Bidvest assets are financed with 66.2% credit (debt) and the remaining percentage (100% - 66.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Bidvest Group Ltd:

  • The MRQ is 0.662. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.662. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.662TTM0.6620.000
TTM0.662YOY0.668-0.006
TTM0.6625Y0.658+0.004
5Y0.65810Y0.615+0.043
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6620.551+0.111
TTM0.6620.559+0.103
YOY0.6680.563+0.105
5Y0.6580.569+0.089
10Y0.6150.556+0.059
1.4.2. Debt to Equity Ratio

Measures if Bidvest is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Bidvest to the Conglomerates industry mean.
  • A Debt to Equity ratio of 215.7% means that company has $2.16 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bidvest Group Ltd:

  • The MRQ is 2.157. The company is just not able to pay all its debts with equity.
  • The TTM is 2.157. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.157TTM2.1570.000
TTM2.157YOY2.261-0.104
TTM2.1575Y2.181-0.023
5Y2.18110Y1.792+0.389
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1571.308+0.849
TTM2.1571.348+0.809
YOY2.2611.456+0.805
5Y2.1811.574+0.607
10Y1.7921.498+0.294

2. Market Valuation of Bidvest Group Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Bidvest generates.

  • Above 15 is considered overpriced but always compare Bidvest to the Conglomerates industry mean.
  • A PE ratio of 0.81 means the investor is paying $0.81 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bidvest Group Ltd:

  • The EOD is 0.807. Based on the earnings, the company is cheap. +2
  • The MRQ is 0.813. Based on the earnings, the company is cheap. +2
  • The TTM is 0.813. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.807MRQ0.813-0.006
MRQ0.813TTM0.8130.000
TTM0.813YOY0.865-0.052
TTM0.8135Y0.584+0.229
5Y0.58410Y0.327+0.257
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD0.8077.557-6.750
MRQ0.8137.358-6.545
TTM0.8137.358-6.545
YOY0.8657.337-6.472
5Y0.5848.424-7.840
10Y0.32714.700-14.373
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Bidvest Group Ltd:

  • The EOD is 22.717. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 22.878. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 22.878. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD22.717MRQ22.878-0.161
MRQ22.878TTM22.8780.000
TTM22.878YOY13.931+8.947
TTM22.8785Y9.091+13.787
5Y9.09110Y10.922-1.830
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD22.7172.262+20.455
MRQ22.8782.098+20.780
TTM22.8781.082+21.796
YOY13.9310.520+13.411
5Y9.0910.861+8.230
10Y10.9220.702+10.220
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Bidvest is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Conglomerates industry mean).
  • A PB ratio of 2.53 means the investor is paying $2.53 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Bidvest Group Ltd:

  • The EOD is 2.509. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.526. Based on the equity, the company is underpriced. +1
  • The TTM is 2.526. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.509MRQ2.526-0.018
MRQ2.526TTM2.5260.000
TTM2.526YOY2.256+0.270
TTM2.5265Y1.430+1.097
5Y1.43010Y0.959+0.471
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD2.5090.950+1.559
MRQ2.5260.901+1.625
TTM2.5260.944+1.582
YOY2.2561.032+1.224
5Y1.4301.110+0.320
10Y0.9591.303-0.344
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Bidvest Group Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.072-0.0720%-0.216+201%0.056-229%-7.542+10403%
Book Value Per Share--5.6415.6410%5.712-1%5.440+4%24.978-77%
Current Ratio--1.1221.1220%1.202-7%1.1260%1.158-3%
Debt To Asset Ratio--0.6620.6620%0.668-1%0.658+1%0.615+8%
Debt To Equity Ratio--2.1572.1570%2.261-5%2.181-1%1.792+20%
Dividend Per Share--0.4230.4230%0.420+1%0.360+17%1.824-77%
Eps--17.52917.5290%14.900+18%10.696+64%36.103-51%
Free Cash Flow Per Share--0.6230.6230%0.925-33%0.799-22%1.512-59%
Free Cash Flow To Equity Per Share---0.116-0.1160%0.782-115%0.298-139%1.575-107%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%-4.865+586%
Intrinsic Value_10Y_max--36.699--------
Intrinsic Value_10Y_min--5.494--------
Intrinsic Value_1Y_max--1.983--------
Intrinsic Value_1Y_min--0.744--------
Intrinsic Value_3Y_max--7.251--------
Intrinsic Value_3Y_min--2.081--------
Intrinsic Value_5Y_max--14.074--------
Intrinsic Value_5Y_min--3.239--------
Market Cap4809415200.000-1%4855388250.0004855388250.0000%4387446640.000+11%2802196162.000+73%1963469968.040+147%
Net Profit Margin--0.0520.0520%0.051+2%0.038+36%0.050+4%
Operating Margin--0.0910.0910%0.093-2%0.089+3%0.086+6%
Operating Ratio--0.9090.9090%0.907+0%0.9110%0.915-1%
Pb Ratio2.509-1%2.5262.5260%2.256+12%1.430+77%0.959+164%
Pe Ratio0.807-1%0.8130.8130%0.865-6%0.584+39%0.327+149%
Price Per Share14.150-1%14.25014.2500%12.890+11%8.232+73%5.771+147%
Price To Free Cash Flow Ratio22.717-1%22.87822.8780%13.931+64%9.091+152%10.922+109%
Price To Total Gains Ratio40.327-1%40.61240.6120%63.161-36%37.475+8%22.524+80%
Quick Ratio--0.7190.7190%0.832-14%0.770-7%0.794-9%
Return On Assets--0.0560.0560%0.053+5%0.042+32%0.061-8%
Return On Equity--0.1810.1810%0.179+1%0.128+41%0.161+12%
Total Gains Per Share--0.3510.3510%0.204+72%0.416-16%-5.718+1730%
Usd Book Value--1921946506.0001921946506.0000%1944395862.000-1%1850858101.200+4%8490529925.300-77%
Usd Book Value Change Per Share---0.072-0.0720%-0.216+201%0.056-229%-7.542+10403%
Usd Book Value Per Share--5.6415.6410%5.712-1%5.440+4%24.978-77%
Usd Dividend Per Share--0.4230.4230%0.420+1%0.360+17%1.824-77%
Usd Eps--17.52917.5290%14.900+18%10.696+64%36.103-51%
Usd Free Cash Flow--212231520.000212231520.0000%314942512.000-33%271796434.200-22%514110653.100-59%
Usd Free Cash Flow Per Share--0.6230.6230%0.925-33%0.799-22%1.512-59%
Usd Free Cash Flow To Equity Per Share---0.116-0.1160%0.782-115%0.298-139%1.575-107%
Usd Market Cap4809415200.000-1%4855388250.0004855388250.0000%4387446640.000+11%2802196162.000+73%1963469968.040+147%
Usd Price Per Share14.150-1%14.25014.2500%12.890+11%8.232+73%5.771+147%
Usd Profit--315955248.000315955248.0000%309375835.000+2%228324476.800+38%1264262335.300-75%
Usd Revenue--6078819302.0006078819302.0000%6095673514.0000%5631712794.000+8%27134200708.500-78%
Usd Total Gains Per Share--0.3510.3510%0.204+72%0.416-16%-5.718+1730%
 EOD+4 -4MRQTTM+0 -0YOY+18 -175Y+19 -1610Y+13 -23

3.2. Fundamental Score

Let's check the fundamental score of Bidvest Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-150.807
Price to Book Ratio (EOD)Between0-12.509
Net Profit Margin (MRQ)Greater than00.052
Operating Margin (MRQ)Greater than00.091
Quick Ratio (MRQ)Greater than10.719
Current Ratio (MRQ)Greater than11.122
Debt to Asset Ratio (MRQ)Less than10.662
Debt to Equity Ratio (MRQ)Less than12.157
Return on Equity (MRQ)Greater than0.150.181
Return on Assets (MRQ)Greater than0.050.056
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Bidvest Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.409
Ma 20Greater thanMa 5013.819
Ma 50Greater thanMa 10014.077
Ma 100Greater thanMa 20014.164
OpenGreater thanClose14.150
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in USD. All numbers in thousands.

Summary
Total Assets5,687,201
Total Liabilities3,765,254
Total Stockholder Equity1,745,286
 As reported
Total Liabilities 3,765,254
Total Stockholder Equity+ 1,745,286
Total Assets = 5,687,201

Assets

Total Assets5,687,201
Total Current Assets2,286,523
Long-term Assets3,400,678
Total Current Assets
Cash And Cash Equivalents 489,510
Net Receivables 975,708
Inventory 746,503
Other Current Assets 74,802
Total Current Assets  (as reported)2,286,523
Total Current Assets  (calculated)2,286,523
+/- 0
Long-term Assets
Property Plant Equipment 1,106,400
Goodwill 921,774
Intangible Assets 1,735,811
Long-term Assets Other -862,198
Long-term Assets  (as reported)3,400,678
Long-term Assets  (calculated)2,901,786
+/- 498,892

Liabilities & Shareholders' Equity

Total Current Liabilities2,038,121
Long-term Liabilities1,727,133
Total Stockholder Equity1,745,286
Total Current Liabilities
Short-term Debt 735,722
Short Long Term Debt 5,205,356
Accounts payable 516,367
Other Current Liabilities 668,898
Total Current Liabilities  (as reported)2,038,121
Total Current Liabilities  (calculated)7,126,344
+/- 5,088,223
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt4,318,757
Long-term Liabilities  (as reported)1,727,133
Long-term Liabilities  (calculated)4,318,757
+/- 2,591,623
Total Stockholder Equity
Common Stock900
Retained Earnings 1,544,694
Accumulated Other Comprehensive Income 91,456
Other Stockholders Equity 108,237
Total Stockholder Equity (as reported)1,745,286
Total Stockholder Equity (calculated)1,745,286
+/-0
Other
Capital Stock17,014
Cash and Short Term Investments 489,510
Common Stock Shares Outstanding 340,729
Current Deferred Revenue117,133
Liabilities and Stockholders Equity 5,687,201
Net Debt 1,675,883
Net Invested Capital 61,348,545
Net Tangible Assets 179,123
Net Working Capital 5,119,001
Property Plant and Equipment Gross 34,851,859
Short Long Term Debt Total 2,165,393



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-30
> Total Assets 
15,117,104
14,571,382
18,021,382
21,123,331
27,994,501
32,847,930
41,861,385
38,484,384
43,344,920
47,829,918
55,895,146
66,678,419
80,975,470
89,861,206
3,076,903
3,922,244
4,256,136
4,394,934
5,293,872
6,050,910
5,856,986
5,687,201
5,687,2015,856,9866,050,9105,293,8724,394,9344,256,1363,922,2443,076,90389,861,20680,975,47066,678,41955,895,14647,829,91843,344,92038,484,38441,861,38532,847,93027,994,50121,123,33118,021,38214,571,38215,117,104
   > Total Current Assets 
9,998,814
9,666,838
11,542,389
12,699,872
17,387,506
19,806,022
24,611,325
22,364,822
23,973,829
25,969,682
31,138,606
37,857,862
43,616,691
46,767,197
1,585,194
1,989,506
2,125,404
2,186,653
2,118,365
2,324,275
2,460,039
2,286,523
2,286,5232,460,0392,324,2752,118,3652,186,6532,125,4041,989,5061,585,19446,767,19743,616,69137,857,86231,138,60625,969,68223,973,82922,364,82224,611,32519,806,02217,387,50612,699,87211,542,3899,666,8389,998,814
       Cash And Cash Equivalents 
2,745,492
2,360,561
2,305,161
1,707,932
3,255,457
2,374,442
3,038,618
3,212,425
4,138,722
4,201,136
5,640,137
8,256,809
8,490,341
7,485,913
267,117
391,723
450,033
469,253
599,279
520,917
702,809
489,510
489,510702,809520,917599,279469,253450,033391,723267,1177,485,9138,490,3418,256,8095,640,1374,201,1364,138,7223,212,4253,038,6182,374,4423,255,4571,707,9322,305,1612,360,5612,745,492
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
493,041
85,913
65,700
0
0
0
00065,70085,913493,0410000000000000000
       Net Receivables 
0
4,990,770
5,569,199
6,612,781
8,417,184
9,906,886
12,284,121
10,745,078
10,539,227
11,954,566
13,977,629
16,398,047
20,122,151
23,061,417
682,045
865,966
966,124
892,066
775,251
1,038,655
1,000,892
975,708
975,7081,000,8921,038,655775,251892,066966,124865,966682,04523,061,41720,122,15116,398,04713,977,62911,954,56610,539,22710,745,07812,284,1219,906,8868,417,1846,612,7815,569,1994,990,7700
       Inventory 
2,354,400
2,292,093
3,604,807
4,024,025
5,092,821
6,813,187
8,389,646
7,443,252
8,030,752
8,750,609
10,248,120
11,839,302
13,541,484
14,843,572
545,995
656,034
621,287
606,963
636,562
707,770
693,928
746,503
746,503693,928707,770636,562606,963621,287656,034545,99514,843,57213,541,48411,839,30210,248,1208,750,6098,030,7527,443,2528,389,6466,813,1875,092,8214,024,0253,604,8072,292,0932,354,400
   > Long-term Assets 
5,118,290
4,904,544
6,478,993
8,423,459
10,606,995
13,041,908
17,250,060
16,119,562
19,371,091
21,860,236
24,756,540
28,820,557
37,358,779
43,094,009
1,491,709
1,932,738
2,130,733
2,208,281
3,175,507
3,726,635
3,396,947
3,400,678
3,400,6783,396,9473,726,6353,175,5072,208,2812,130,7331,932,7381,491,70943,094,00937,358,77928,820,55724,756,54021,860,23619,371,09116,119,56217,250,06013,041,90810,606,9958,423,4596,478,9934,904,5445,118,290
       Property Plant Equipment 
3,602,498
3,493,246
3,663,846
4,303,123
5,511,253
6,732,602
9,556,529
9,409,702
10,367,571
11,603,183
12,445,541
13,872,872
16,271,788
18,301,434
662,404
799,405
815,206
854,442
1,125,783
1,311,258
1,183,925
1,106,400
1,106,4001,183,9251,311,2581,125,783854,442815,206799,405662,40418,301,43416,271,78813,872,87212,445,54111,603,18310,367,5719,409,7029,556,5296,732,6025,511,2534,303,1233,663,8463,493,2463,602,498
       Goodwill 
0
0
0
2,530,700
3,123,722
3,772,297
4,556,137
3,966,950
5,709,169
6,354,825
7,449,997
8,853,973
11,723,176
13,567,032
173,236
241,763
324,505
361,311
809,107
957,973
859,200
921,774
921,774859,200957,973809,107361,311324,505241,763173,23613,567,03211,723,1768,853,9737,449,9976,354,8255,709,1693,966,9504,556,1373,772,2973,123,7222,530,700000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
10,769,817
8,205,448
7,060,318
8,218,460
8,144,932
7,536,520
0
0
0
0
00007,536,5208,144,9328,218,4607,060,3188,205,44810,769,817000000000000
       Intangible Assets 
681,903
689,218
1,979,045
321,246
378,808
388,145
486,471
512,286
651,094
672,105
860,957
1,025,768
1,647,006
2,093,480
236,736
369,045
570,218
633,319
1,575,332
1,914,763
1,690,834
1,735,811
1,735,8111,690,8341,914,7631,575,332633,319570,218369,045236,7362,093,4801,647,0061,025,768860,957672,105651,094512,286486,471388,145378,808321,2461,979,045689,218681,903
       Long-term Assets Other 
833,889
502,740
573,375
1,268,390
1,593,212
1,717,339
2,253,626
1,852,021
2,216,435
2,839,331
3,586,618
4,548,116
7,113,959
8,254,440
-160,942
-226,278
-288,039
-341,060
-678,849
-914,470
-813,486
-862,198
-862,198-813,486-914,470-678,849-341,060-288,039-226,278-160,9428,254,4407,113,9594,548,1163,586,6182,839,3312,216,4351,852,0212,253,6261,717,3391,593,2121,268,390573,375502,740833,889
> Total Liabilities 
8,747,071
8,467,931
11,652,963
13,480,907
18,835,806
22,022,964
28,083,300
24,186,757
25,951,983
29,372,926
33,295,693
39,127,700
47,964,355
52,150,972
1,728,588
2,163,471
2,433,565
2,556,604
3,760,582
4,034,581
3,912,591
3,765,254
3,765,2543,912,5914,034,5813,760,5822,556,6042,433,5652,163,4711,728,58852,150,97247,964,35539,127,70033,295,69329,372,92625,951,98324,186,75728,083,30022,022,96418,835,80613,480,90711,652,9638,467,9318,747,071
   > Total Current Liabilities 
8,131,235
7,495,881
10,410,181
11,524,466
15,058,160
18,684,618
23,402,826
20,031,237
21,282,776
23,603,815
27,797,487
30,190,381
39,026,384
42,130,723
1,219,264
1,616,621
1,781,926
1,913,094
1,816,262
2,330,101
2,046,508
2,038,121
2,038,1212,046,5082,330,1011,816,2621,913,0941,781,9261,616,6211,219,26442,130,72339,026,38430,190,38127,797,48723,603,81521,282,77620,031,23723,402,82618,684,61815,058,16011,524,46610,410,1817,495,8818,131,235
       Short-term Debt 
1,243,613
666,105
2,056,149
1,182,799
1,614,362
4,112,026
5,394,702
4,885,732
5,633,687
5,076,108
5,446,882
5,530,296
9,647,029
8,454,122
446,048
741,879
800,145
981,719
879,275
983,200
731,397
735,722
735,722731,397983,200879,275981,719800,145741,879446,0488,454,1229,647,0295,530,2965,446,8825,076,1085,633,6874,885,7325,394,7024,112,0261,614,3621,182,7992,056,149666,1051,243,613
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
30,138,455
4,778,219
6,532,377
9,720,473
10,967,024
13,843,516
14,039,099
5,380,263
3,512,224
5,205,356
5,205,3563,512,2245,380,26314,039,09913,843,51610,967,0249,720,4736,532,3774,778,21930,138,455000000000000
       Accounts payable 
6,105,618
5,793,406
6,960,711
9,544,144
12,562,695
13,972,421
17,200,173
14,570,716
15,032,357
11,540,396
13,715,528
15,911,229
18,523,313
21,373,812
447,907
456,527
527,483
461,338
361,292
540,675
566,752
516,367
516,367566,752540,675361,292461,338527,483456,527447,90721,373,81218,523,31315,911,22913,715,52811,540,39615,032,35714,570,71617,200,17313,972,42112,562,6959,544,1446,960,7115,793,4066,105,618
       Other Current Liabilities 
782,004
1,036,370
1,393,321
797,523
881,103
600,171
807,951
574,789
616,732
6,987,311
8,635,077
8,748,856
10,856,042
12,302,789
315,231
410,152
451,530
454,283
497,450
708,788
649,502
668,898
668,898649,502708,788497,450454,283451,530410,152315,23112,302,78910,856,0428,748,8568,635,0776,987,311616,732574,789807,951600,171881,103797,5231,393,3211,036,370782,004
   > Long-term Liabilities 
615,836
972,050
1,242,782
1,956,441
3,777,646
3,338,346
4,680,474
4,155,520
4,669,207
5,769,111
5,498,206
8,937,319
8,937,971
10,020,249
509,323
546,850
651,638
643,511
1,944,320
1,704,479
1,866,082
1,727,133
1,727,1331,866,0821,704,4791,944,320643,511651,638546,850509,32310,020,2498,937,9718,937,3195,498,2065,769,1114,669,2074,155,5204,680,4743,338,3463,777,6461,956,4411,242,782972,050615,836
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
3,130,010
3,224,484
1,320,137
1,757,030
1,777,280
1,970,465
4,866,510
4,863,386
5,113,214
5,623,104
5,623,1045,113,2144,863,3864,866,5101,970,4651,777,2801,757,0301,320,1373,224,4843,130,010000000000000
> Total Stockholder Equity
4,757,201
4,721,867
5,628,407
7,295,308
8,699,295
10,428,052
13,467,629
13,929,132
16,736,503
17,669,264
21,630,154
26,373,592
31,780,882
36,372,190
1,260,463
1,655,967
1,747,888
1,816,727
1,332,895
1,788,514
1,730,365
1,745,286
1,745,2861,730,3651,788,5141,332,8951,816,7271,747,8881,655,9671,260,46336,372,19031,780,88226,373,59221,630,15417,669,26416,736,50313,929,13213,467,62910,428,0528,699,2957,295,3085,628,4074,721,8674,757,201
   Common Stock
0
0
0
0
0
0
0
0
17,507
16,367
16,387
16,387
16,562
16,758
1,145
1,280
1,231
1,202
979
1,192
1,038
900
9001,0381,1929791,2021,2311,2801,14516,75816,56216,38716,38716,36717,50700000000
   Retained Earnings Total Equity0000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,182
21,243
1,345
-10,479
-5,848
-37,221
12,169
91,456
91,45612,169-37,221-5,848-10,4791,34521,24333,18200000000000000
   Capital Surplus 0000000000000000000000
   Treasury Stock0000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
-1,900,206
-1,448,461
-334,914
1,765,041
4,344,275
4,797,266
57,953
85,705
104,680
123,130
116,981
143,379
124,834
108,237
108,237124,834143,379116,981123,130104,68085,70557,9534,797,2664,344,2751,765,041-334,914-1,448,461-1,900,20600000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue6,078,819
Cost of Revenue-4,339,700
Gross Profit1,739,1201,739,120
 
Operating Income (+$)
Gross Profit1,739,120
Operating Expense-1,185,173
Operating Income553,946553,946
 
Operating Expense (+$)
Research Development6
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense1,185,1736
 
Net Interest Income (+$)
Interest Income824,713
Interest Expense-132,716
Other Finance Cost-2,554,963
Net Interest Income-1,862,966
 
Pretax Income (+$)
Operating Income553,946
Net Interest Income-1,862,966
Other Non-Operating Income Expenses-
Income Before Tax (EBT)453,261654,632
EBIT - interestExpense = 421,230
439,101
448,672
Interest Expense132,716
Earnings Before Interest and Taxes (EBIT)553,946585,977
Earnings Before Interest and Taxes (EBITDA)759,947
 
After tax Income (+$)
Income Before Tax453,261
Tax Provision-2,327,902
Net Income From Continuing Ops6,366,224-1,874,641
Net Income315,955
Net Income Applicable To Common Shares5,972,689
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses5,524,873
Total Other Income/Expenses Net-100,6861,862,966
 

Technical Analysis of Bidvest
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bidvest. The general trend of Bidvest is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bidvest's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Bidvest Group Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 13.74 < 13.78 < 13.78.

The bearish price targets are: 13.16 > 13.15 > 13.10.

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Bidvest Group Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Bidvest Group Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Bidvest Group Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Bidvest Group Ltd. The current macd is 0.04139368.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bidvest price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Bidvest. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Bidvest price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Bidvest Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartBidvest Group Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Bidvest Group Ltd. The current adx is 51.83.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Bidvest shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Bidvest Group Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Bidvest Group Ltd. The current sar is 13.11.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Bidvest Group Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Bidvest Group Ltd. The current rsi is 60.41. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Bidvest Group Ltd Daily Relative Strength Index (RSI) ChartBidvest Group Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Bidvest Group Ltd. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bidvest price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Bidvest Group Ltd Daily Stochastic Oscillator ChartBidvest Group Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Bidvest Group Ltd. The current cci is 47.98.

Bidvest Group Ltd Daily Commodity Channel Index (CCI) ChartBidvest Group Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Bidvest Group Ltd. The current cmo is 34.88.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Bidvest Group Ltd Daily Chande Momentum Oscillator (CMO) ChartBidvest Group Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Bidvest Group Ltd. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Bidvest Group Ltd Daily Williams %R ChartBidvest Group Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Bidvest Group Ltd.

Bidvest Group Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Bidvest Group Ltd. The current atr is 0.06575608.

Bidvest Group Ltd Daily Average True Range (ATR) ChartBidvest Group Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Bidvest Group Ltd. The current obv is -2,705.

Bidvest Group Ltd Daily On-Balance Volume (OBV) ChartBidvest Group Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Bidvest Group Ltd. The current mfi is 100.00.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Bidvest Group Ltd Daily Money Flow Index (MFI) ChartBidvest Group Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bidvest Group Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-01-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Bidvest Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Bidvest Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.409
Ma 20Greater thanMa 5013.819
Ma 50Greater thanMa 10014.077
Ma 100Greater thanMa 20014.164
OpenGreater thanClose14.150
Total1/5 (20.0%)
Penke

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