Basic-Fit N.V.

BFIT.AS · Consumer Cyclical · Leisure · Valued as of 2026-11-03 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

-831.15M USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

509.25M USD

15 years of cash the shareholders can take out, and the equity left at year 15

Profit is over 3× the larger of EPV and FCFF

FCFF

-89.15M USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

-137.01M USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

2.10B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

-0.07×

the ratio the screener ranks by

Margin of Safety

—

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: -831.15M USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)2.15B USD
−②Net Debt Today3.35B USD
+③Growth Value359.46M USD
=Value-831.15M USD

EPV of the Operations (NOPAT over WACC)

2.15B USD

Net debt today

-3.35B USD

Growth Value

+359.46M USD

Value

-831.15M USD

①EPV (Earnings Power Value)

2.15B USD

②Net Debt Today

3.35B USD

③Growth Value

359.46M USD

Market value

Market Cap2.10B USD

The price on the date above times the shares.

Value vs market

Margin of Safety—

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 509.25M USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE299.45M USD
+②Equity at Year 15, Today209.81M USD
=Value509.25M USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment rising to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

299.45M USD

②Equity at Year 15, Today

209.81M USD

Market value

Market Cap2.10B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-311.6%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): -89.15M USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF1.81B USD
+②Invested Capital at Year 15, Today1.45B USD
−③Net Debt Today3.35B USD
=Value-89.15M USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROIC on new investment rising to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

1.81B USD

②Invested Capital at Year 15, Today

1.45B USD

③Net Debt Today

3.35B USD

Market value

Market Cap2.10B USD

The price on the date above times the shares.

Value vs market

Margin of Safety—

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 5.69%
Cost of Equity =Risk-Free Rate 4.50%+Beta 0.93×Market Risk Premium 6.00%= 10.07%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 7.53M USDPretax Income 24.34M USD= 30.92%

The tax the interest saves.

Interest Expense =EBIT 180.62M USD−Pretax Income 24.34M USD= 156.28M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 156.28M USDTotal Debt 3.51B USD×(1 − Tax Rate for WACC 30.92%)= 3.08%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 3.51B USDMarket Cap + Total Debt 2.10B USD + 3.51B USD= 62.62%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 37.38%×Cost of Equity 10.07%+Debt Weight 62.62%×Cost of Debt 3.08%= 5.69%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 4.38B USD − Total Liabilities 3.87B USD = Book Value Today 508.67M USD

Total Debt 3.51B USD − Cash and Short-Term Investments 165.44M USD = Net Debt Today 3.35B USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 1-1.8%at most 5%passes64,809,323 / 66,000,000
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets17.0%at least -10.0%passes(761.28M USD − 17.05M USD) ÷ 4.38B USD
Price to bookMarket Cap ÷ Book Value Today4.12×at most 3×does not pass2.10B USD ÷ 508.67M USD
Operating marginOperating Income ÷ Revenue13.7%above 10.0%passes228.83M USD ÷ 1.67B USD
Revenue growthRevenue ÷ Revenue a Year Before − 132.0%above 10.0%passes1.67B USD / 1.27B USD
Net cash(Cash − Total Debt) ÷ Market Cap-159.6%above -30%does not pass(165.44M USD − 3.51B USD) ÷ 2.10B USD
Operating efficiencyOperating Income ÷ Gross Profit14.2%above 25.0%does not pass228.83M USD ÷ 1.61B USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

28.85 EUR

Enterprise value

4.81B EUR

the provider's own figure

EV / EBITDA

11.09×

Price / book

4.19×

the provider's book

Price / earnings

41.17×

Return on equity

10.9%

the provider's figure, not this page's

Profit margin

2.9%

Revenue growth

18.2%

Analyst target, mean

42.24 EUR

Analysts

10

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

Income statement (USD)2022202320242025

Revenue

847.92M1.16B1.27B1.67B

Gross profit

824.02M1.13B1.23B1.61B

Operating income

67.53M132.95M160.00M228.83M

EBITDA

operating income before depreciation and amortisation

415.57M524.05M585.83M752.34M

Pretax income

-3.35M-1.88M14.06M24.34M

Net income

-3.93M-2.99M8.33M17.05M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

-699.18K26.44M32.60M50.84M

R&D

————
Balance sheet, year end (USD)2022202320242025

Total assets

3.04B3.58B3.69B4.60B

Total liabilities

2.61B3.14B3.26B4.13B

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

432.61M447.60M428.64M468.95M

Total debt

2.37B2.81B2.94B3.72B

Cash and equivalents

46.21M78.33M58.44M134.52M

Net PP&E

fixed assets after depreciation

2.53B3.01B3.12B3.69B

Working capital

current assets less current liabilities

-332.39M-425.22M-402.60M-803.50M
Cash flow (USD)2022202320242025

Operating cash flow

397.66M543.33M606.04M761.28M

Capital expenditure

paid out, so below zero

-297.92M-368.50M-348.85M-326.90M

Depreciation and amortisation

353.64M431.65M458.75M571.72M

Free cash flow

operating cash flow plus capital expenditure

99.74M174.83M257.18M434.38M