BFIT Stock Analysis: Basic Fit | AS
Leisure | AS, Netherlands | Market Cap: 2.188m EUR | 12M Return: 39% | NL0011872650 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.22M
Warnings
Tailwinds
Seasonality 10.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Basic-Fit N.V. (AS: BFIT) is a Dutch-headquartered fitness operator that runs and franchises low-cost health clubs under the Basic-Fit brand across 12 European countries, including the Netherlands, Belgium, France, Germany, and Spain. Founded in 1984 and headquartered in Hoofddorp, the company was originally called Miktom Topco B.V. before adopting its current name in July 2016. In addition to its core gym operations, Basic-Fit sells home fitness equipment online through its webshop and distributes sports nutrition products under its in-house NXT Level brand via e-commerce, wholesale, supermarkets, and chemists. The company is classified as a mid-cap stock in the GICS Consumer Discretionary sector, within the Leisure Facilities sub-industry.
Basic-Fit follows a high-volume, value-priced subscription model typical of the European low-cost gym segment, combining corporate-owned clubs with a franchise network to expand density in existing markets. The extension into nutrition (NXT Level) and home fitness equipment reflects a broader sector trend of fitness operators diversifying revenue streams beyond membership fees, capturing additional touchpoints with members outside the club.
- Energy and labor costs squeeze leisure facility margins
- New club openings drive double-digit membership growth across Europe
- Competitive pressure from low-cost rivals limits ARPU expansion
| Net Income: 45.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 4.57 > 1.0 |
| NWC/Revenue: -21.04% < 20% (prev -70.24%; Δ 49.20% < -1%) |
| CFO/TA 0.17 > 3% & CFO 641.9m > Net Income 45.5m |
| Net Debt (4.92b) to EBITDA (699.0m): 7.04 < 3 |
| Current Ratio: 0.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (64.8m) vs 12m ago -1.82% < -2% |
| Gross Margin: 40.84% > 18% (prev 80.10%; Δ -39.27% > 0.5%) |
| Asset Turnover: 41.88% > 50% (prev 27.34%; Δ 14.53% > 0%) |
| Interest Coverage Ratio: 1.42 > 6 (EBIT TTM 186.8m / Interest Expense TTM 131.8m) |
| A: -0.08 (Total Current Assets 262.1m - Total Current Liabilities 586.9m) / Total Assets 3.83b |
| B: -0.07 (Retained Earnings -277.4m / Total Assets 3.83b) |
| C: 0.05 (EBIT TTM 186.8m / Avg Total Assets 3.69b) |
| D: 0.11 (Book Value of Equity 390.4m / Total Liabilities 3.44b) |
| Altman-Z'' = -0.33 = B |
| DSRI: 0.68 (Receivables 99.5m/92.5m, Revenue 1.54b/969.1m) |
| GMI: 1.96 (GM 80.10% / 40.84%) |
| AQI: 1.30 (AQ_t 0.13 / AQ_t-1 0.10) |
| SGI: 1.59 (Revenue 1.54b / 969.1m) |
| TATA: -0.16 (NI 45.5m - CFO 641.9m) / TA 3.83b) |
| Beneish M = -1.84 (Cap -4..+1) = B |
As of September 05, 2026, the stock is trading at EUR 34.74 with a total of 151,898 shares traded. Over the past week, the price has changed by +2.96%, over one month by -0.12%, over three months by +18.97% and over the past year by +38.96%.
Current recommended Stop Loss: 33.90 (which is 2.4% or 1.2 ATR below the current price).
Basic Fit has no consensus analysts rating.
P/E Trailing = 48.2
P/E Forward = 15.083
P/S = 1.4175
P/B = 4.9352
Revenue TTM = 1.54b EUR
EBIT TTM = 186.8m EUR
EBITDA TTM = 699.0m EUR
Long Term Debt = 932.6m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 303.0m EUR (from shortTermDebt, last quarter)
Debt = 5.06b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.94b
Net Debt = 4.92b EUR (calculated: Debt 5.06b - CCE 144.7m)
Enterprise Value = 7.11b EUR (2.19b + Debt 5.06b - CCE 144.7m)
Interest Coverage Ratio = 1.42 (Ebit TTM 186.8m / Interest Expense TTM 131.8m)
EV/FCF = 16.46x (Enterprise Value 7.11b / FCF TTM 431.8m)
FCF Yield = 6.08% (FCF TTM 431.8m / Enterprise Value 7.11b)
FCF Margin = 27.98% (FCF TTM 431.8m / Revenue TTM 1.54b)
Net Margin = 2.95% (Net Income TTM 45.5m / Revenue TTM 1.54b)
Gross Margin = 40.84% ((Revenue TTM 1.54b - Cost of Revenue TTM 913.2m) / Revenue TTM)
Gross Margin QoQ = 40.90% (prev 40.77%)
Tobins Q-Ratio = 1.86 (Enterprise Value 7.11b / Total Assets 3.83b)
Interest Expense / Debt = 2.60% (Interest Expense 131.8m / Debt 5.06b)
Taxrate = 28.21% (18.0m / 63.8m)
NOPAT = 134.1m (EBIT 186.8m * (1 - 28.21%))
Current Ratio = 0.45 (Total Current Assets 262.1m / Total Current Liabilities 586.9m)
Debt / Equity = 12.97 (Debt 5.06b / totalStockholderEquity, last quarter 390.4m)
Debt / EBITDA = 7.04 (Net Debt 4.92b / EBITDA 699.0m)
Debt / FCF = 11.39 (Net Debt 4.92b / FCF TTM 431.8m)
Total Stockholder Equity = 386.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.23% (Net Income 45.5m / Total Assets 3.83b)
RoE = 11.79% (Net Income TTM 45.5m / Total Stockholder Equity 386.0m)
RoCE = 14.17% (EBIT 186.8m / Capital Employed (Equity 386.0m + L.T.Debt 932.6m))
RoIC = 3.87% (NOPAT 134.1m / Invested Capital 3.47b)
WACC = 3.48% (E(2.19b)/V(7.25b) * Re(7.22%) + D(5.06b)/V(7.25b) * Rd(2.60%) * (1-Tc(0.28)))
Discount Rate = 7.22% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 7.07 | Cagr: -0.81%
[DCF] Terminal Value 77.97% ; FCFF base≈354.3m ; Y1≈406.1m ; Y5≈597.7m
[DCF] Fair Price = 62.87 (EV 8.99b - Net Debt 4.92b = Equity 4.08b / Shares 64.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 70.12 | Revenue CAGR: 17.35% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=1.46 | Chg30d=+6.65% | Revisions=+44% | GrowthEPS=+79.7% | GrowthRev=+17.3%
EPS next Year (2027-12-31): EPS=2.27 | Chg30d=+7.54% | Revisions=+62% | GrowthEPS=+81.3% | GrowthRev=+11.5%
[Analyst] Revisions Ratio: +64% (up=10, down=1)