Basic Fit N.V. (BFIT) AI Stock Analysis

• Market Cap: €1.65B
• Dividend Yield: N/A
• Average Volume (3M): 137.29K
• Price to Earnings (P/E): 190.8
• Beta (1Y): 1.11
• Revenue Growth: 15.57%
• EPS Growth: -154.03%
• Country: NL
• Employees: 8,937
• Sector: Services
• Sector Strength: N/A
• Industry: Leisure
• EPS (TTM): -0.12
• Shares Outstanding: 66,000,000
• 10 Day Avg. Volume: 76,716
• 30 Day Avg. Volume: 137,289
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €31.17
• Price Target Upside: 23.69% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 61 Neutral
• Price Target: €26.00 ▲(3.17% Upside)

Basic Fit N.V.'s overall stock score is primarily driven by its strong financial performance, particularly in revenue growth and cash flow management. However, the high leverage and negative P/E ratio present significant risks. Technical indicators suggest a lack of strong momentum, contributing to a cautious outlook.

Positive Factors

Brand Visibility

A new sponsorship of the Tour de France cycling enhances brand visibility and potential customer engagement.

Expansion Strategy

Basic Fit N.V. is on track with its plan to open 100 gyms, with 53 already opened, including 14 in Spain, showcasing robust expansion efforts.

Financial Performance

The average revenue per member per month increased by 4% to €24.73, indicating strong financial performance.

Negative Factors

Capital Allocation

Basic-Fit has changed its capital allocation strategy, with a cut in the number of new openings to 100 units in each of FY25E / 26E, which might impact growth prospects.

Guidance and Forecasts

New guidance for FY25E implies -1% below consensus for revenues, -8% for EBITDA, indicating potential challenges ahead.

Share Price Movement

The -20% share price movement reflects the uncertainty created by mixed messages around capital allocation.

Basic Fit N.V. Business Overview & Revenue Model

Company Description

Basic-Fit N.V. operates fitness clubs. As of March 9, 2022, it operated 223 clubs in the Netherlands, 207 clubs in Belgium, 10 clubs in Luxembourg, 578 clubs in France, and 63 clubs in Spain. The company was founded in 1984 and is headquartered in Hoofddorp, the Netherlands.

How the Company Makes Money

Basic Fit generates revenue primarily through its subscription-based membership model. The company offers various membership tiers, which provide customers with access to its gyms and facilities. Additional revenue streams include the sale of personal training services, fitness classes, and merchandise. Basic Fit has also entered strategic partnerships with health and wellness brands, enhancing its service offerings and customer engagement. The company benefits from economies of scale as it expands its footprint across Europe, enabling it to maintain competitive pricing while increasing overall profitability.

Basic Fit N.V. Financial Statement Overview

Summary

Basic Fit N.V. has demonstrated strong revenue growth and improving cash flows, indicating operational strength. However, high leverage remains a concern, which could impact future financial flexibility. The company is on a positive trajectory but needs to manage debt levels carefully to sustain long-term growth.

Income Statement

Basic Fit N.V. has demonstrated impressive revenue growth over the past few years, particularly notable from 2023 to 2024 with a 16% increase. Gross profit margins have remained strong, indicating effective cost management. However, net profit margins have been low due to high operating costs and debt servicing, limiting overall profitability.

Balance Sheet

The company exhibits a high debt-to-equity ratio, indicating significant leverage that could pose risks if not managed properly. Despite this, stockholders' equity has shown improvement, suggesting some strengthening of financial stability.

Cash Flow

Basic Fit N.V. has shown strong operating cash flow growth, which has supported its capital expenditures and debt repayments. The free cash flow has also grown significantly, reflecting better cash management and operational efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.22B	1.05B	794.57M	340.75M	376.81M
Gross Profit	1.18B	413.76M	772.17M	326.84M	362.36M
EBITDA	562.70M	473.84M	390.59M	140.97M	140.96M
Net Income	8.00M	-2.68M	-3.69M	-150.05M	-125.19M
Balance Sheet
Total Assets	3.54B	3.23B	2.85B	2.55B	2.28B
Cash, Cash Equivalents and Short-Term Investments	56.10M	70.73M	43.30M	69.90M	70.41M
Total Debt	2.82B	2.53B	2.22B	1.92B	1.80B
Total Liabilities	3.13B	2.83B	2.45B	2.14B	1.97B
Stockholders Equity	411.50M	355.26M	405.39M	410.58M	310.70M
Cash Flow
Free Cash Flow	246.90M	157.80M	93.47M	-97.64M	-116.66M
Operating Cash Flow	581.80M	490.40M	372.64M	74.47M	100.92M
Investing Cash Flow	-358.50M	-330.50M	-286.18M	-178.11M	-221.79M
Financing Cash Flow	-237.50M	-132.50M	-113.06M	103.34M	124.79M

Basic Fit N.V. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.20
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:BFIT, the sentiment is Positive. The current price of 25.2 is above the 20-day moving average (MA) of 25.14, below the 50-day MA of 25.30, and above the 200-day MA of 22.54, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 50.81 is Neutral, neither overbought nor oversold. The STOCH value of 22.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:BFIT.

Basic Fit N.V. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BFIT	61 Neutral	€1.65B	190.76	-1.16%	―	15.57%	-154.03%
Sector *	56 Neutral	$13.75B	13.24	10.03%	0.92%	7.13%	-12.93%
0QUM	―	€418.83M	27.34	5.36%	―	―	―
0RQN	―	€426.28M	239.33	0.32%	―	―	―
0RHI	―	€2.82B	8.21	12.63%	―	―	―
0P47	―	€482.23M	23.47	-9.01%	―	―	―
HAVAS	70 Outperform	€1.52B	8.66		5.27%	-0.51%	-56.05%