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Basic-Fit

OTCPK:BSFF.F
Snowflake Description

Reasonable growth potential with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BSFF.F
OTCPK
€2B
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Basic-Fit N.V. operates fitness clubs in the Netherlands, Belgium, Luxembourg, France, and Spain. The last earnings update was 123 days ago. More info.


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BSFF.F Share Price and Events
7 Day Returns
0%
OTCPK:BSFF.F
0.4%
US Hospitality
0.8%
US Market
1 Year Returns
-
OTCPK:BSFF.F
-4.1%
US Hospitality
4.8%
US Market
BSFF.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Basic-Fit (BSFF.F) 0% - - - - -
US Hospitality 0.4% 2.6% -1.4% -4.1% 45.8% 25.5%
US Market 0.8% 4.3% 2.8% 4.8% 37.9% 43.5%
1 Year Return vs Industry and Market
  • No trading data on BSFF.F.
  • No trading data on BSFF.F.
Price Volatility
BSFF.F
Industry
5yr Volatility vs Market

Value

 Is Basic-Fit undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Basic-Fit to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Basic-Fit.

OTCPK:BSFF.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:BSFF.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.923 (1 + (1- 25%) (19.85%))
1.04
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.04 * 5.96%)
8.93%

Discounted Cash Flow Calculation for OTCPK:BSFF.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Basic-Fit is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:BSFF.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.93%)
2020 -15.00 Analyst x1 -13.77
2021 11.00 Analyst x1 9.27
2022 17.10 Est @ 55.45% 13.23
2023 23.88 Est @ 39.63% 16.96
2024 30.70 Est @ 28.56% 20.01
2025 37.09 Est @ 20.81% 22.20
2026 42.79 Est @ 15.39% 23.51
2027 47.75 Est @ 11.59% 24.09
2028 52.02 Est @ 8.93% 24.09
2029 55.70 Est @ 7.07% 23.68
Present value of next 10 years cash flows €163.26
OTCPK:BSFF.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €55.70 × (1 + 2.73%) ÷ (8.93% – 2.73%)
€922.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €922.73 ÷ (1 + 8.93%)10
€392.25
OTCPK:BSFF.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €163.26 + €392.25
€555.52
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €555.52 / 54.67
€10.16
OTCPK:BSFF.F Discount to Share Price
Calculation Result
Value per share (USD) From above. $11.49
Current discount Discount to share price of $35.40
= -1 x ($35.40 - $11.49) / $11.49
-208%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Basic-Fit is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Basic-Fit's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Basic-Fit's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:BSFF.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.32
ENXTAM:BFIT Share Price ** ENXTAM (2019-07-09) in EUR €31.3
United States of America Hospitality Industry PE Ratio Median Figure of 74 Publicly-Listed Hospitality Companies 21.55x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 18.01x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Basic-Fit.

OTCPK:BSFF.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTAM:BFIT Share Price ÷ EPS (both in EUR)

= 31.3 ÷ 0.32

97.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Basic-Fit is overvalued based on earnings compared to the US Hospitality industry average.
  • Basic-Fit is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Basic-Fit's expected growth come at a high price?
Raw Data
OTCPK:BSFF.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 97.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
36.6%per year
United States of America Hospitality Industry PEG Ratio Median Figure of 56 Publicly-Listed Hospitality Companies 1.9x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

OTCPK:BSFF.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 97.25x ÷ 36.6%

2.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Basic-Fit is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Basic-Fit's assets?
Raw Data
OTCPK:BSFF.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €5.98
ENXTAM:BFIT Share Price * ENXTAM (2019-07-09) in EUR €31.3
United States of America Hospitality Industry PB Ratio Median Figure of 112 Publicly-Listed Hospitality Companies 2.24x
United States of America Market PB Ratio Median Figure of 5,240 Publicly-Listed Companies 1.81x
OTCPK:BSFF.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:BFIT Share Price ÷ Book Value per Share (both in EUR)

= 31.3 ÷ 5.98

5.23x

* Primary Listing of Basic-Fit.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Basic-Fit is overvalued based on assets compared to the US Hospitality industry average.
X
Value checks
We assess Basic-Fit's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Basic-Fit has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Basic-Fit expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Basic-Fit expected to grow at an attractive rate?
  • Basic-Fit's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Basic-Fit's earnings growth is expected to exceed the United States of America market average.
  • Basic-Fit's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:BSFF.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:BSFF.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 36.6%
OTCPK:BSFF.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 17.2%
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 16.5%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 7.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:BSFF.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:BSFF.F Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 806 2
2021-12-31 721 237 58 5
2020-12-31 605 199 40 6
2019-12-31 497 158 24 6
OTCPK:BSFF.F Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 402 118 18
2018-09-30 381 111 16
2018-06-30 360 103 15
2018-03-31 343 100 13
2017-12-31 326 96 11
2017-09-30 308 90 4
2017-06-30 291 84 -4
2017-03-31 276 54 -24
2016-12-31 259 33 -32
2016-09-30 244 36 -35
2016-06-30 230 39 -37
2016-03-31 215 46 -24

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Basic-Fit's earnings are expected to grow significantly at over 20% yearly.
  • Basic-Fit's revenue is expected to grow by 17.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:BSFF.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Basic-Fit Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BSFF.F Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 1.06 1.06 1.06 1.00
2020-12-31 0.72 0.72 0.72 1.00
2019-12-31 0.43 0.43 0.43 1.00
OTCPK:BSFF.F Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.32
2018-09-30 0.30
2018-06-30 0.27
2018-03-31 0.24
2017-12-31 0.20
2017-09-30 0.06
2017-06-30 -0.07
2017-03-31 -0.48
2016-12-31 -0.74
2016-09-30 -0.92
2016-06-30 -1.18
2016-03-31 -0.81

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Basic-Fit is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Basic-Fit's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Basic-Fit has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Basic-Fit performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Basic-Fit's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Basic-Fit has delivered over 20% year on year earnings growth in the past 5 years.
  • Basic-Fit's 1-year earnings growth is less than its 5-year average (58.1% vs 74.1%)
  • Basic-Fit's earnings growth has exceeded the US Hospitality industry average in the past year (58.1% vs -0.5%).
Earnings and Revenue History
Basic-Fit's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Basic-Fit Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BSFF.F Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 401.78 17.59 105.94
2018-09-30 380.64 16.29 98.31
2018-06-30 359.50 14.98 90.68
2018-03-31 342.67 13.06 86.49
2017-12-31 325.83 11.13 82.29
2017-09-30 308.30 3.52 77.26
2017-06-30 290.78 -4.08 72.22
2017-03-31 276.04 -24.07 84.51
2016-12-31 258.56 -32.37 64.29
2016-09-30 244.23 -34.68 64.93
2016-06-30 229.89 -36.98 65.56
2016-03-31 215.29 -24.32 50.33
2015-12-31 202.22 -22.97 53.87
2014-12-31 162.07 -22.51 38.68
2013-12-31 -82.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Basic-Fit has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Basic-Fit used its assets less efficiently than the US Hospitality industry average last year based on Return on Assets.
  • Basic-Fit has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Basic-Fit's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Basic-Fit has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Basic-Fit's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Basic-Fit's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Basic-Fit's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Basic-Fit's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Basic-Fit's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Basic-Fit Company Filings, last reported 6 months ago.

OTCPK:BSFF.F Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 327.07 339.73 5.63
2018-09-30 327.07 339.73 5.63
2018-06-30 314.99 311.11 8.96
2018-03-31 314.99 311.11 8.96
2017-12-31 317.31 295.48 13.03
2017-09-30 317.31 295.48 13.03
2017-06-30 307.53 265.73 16.73
2017-03-31 307.53 265.73 16.73
2016-12-31 305.08 223.65 17.37
2016-09-30 305.08 223.65 17.37
2016-06-30 310.42 177.60 0.49
2016-03-31 -30.86 491.31 0.63
2015-12-31 -23.60 395.38 12.33
2014-12-31 -0.43 329.49 13.26
2013-12-31 23.14 249.13 7.82
  • Basic-Fit's level of debt (103.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (1186% vs 103.9% today).
  • Debt is well covered by operating cash flow (34.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.8x coverage).
X
Financial health checks
We assess Basic-Fit's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Basic-Fit has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Basic-Fit's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Basic-Fit dividends. Estimated to be 0.08% next year.
If you bought $2,000 of Basic-Fit shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Basic-Fit's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Basic-Fit's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:BSFF.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 47 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2018 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:BSFF.F Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 1.00
2021-12-31 0.05 4.00
2020-12-31 0.04 5.00
2019-12-31 0.00 5.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Basic-Fit has not reported any payouts.
  • Unable to verify if Basic-Fit's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Basic-Fit's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Basic-Fit has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Basic-Fit's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Basic-Fit's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Basic-Fit afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Basic-Fit has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Basic-Fit's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
René Moos
COMPENSATION €1,470,000
AGE 56
TENURE AS CEO 7.5 years
CEO Bio

Mr. René M. Moos has been the Chief Executive Officer at Basic-Fit N.V. and Basic Fit Nederland B.V., since 2012. Mr. Moos serves as Chairman of the Management Board at Basic-Fit N.V. and Basic Fit Nederland B.V., and has been its Members of the Management Board since November 20, 2013. He served as the Chief Executive Officer at HealthCity International B.V. In 1984, he co-founded HealthCity, a premium health and fitness club operator and served as its Chief Executive Officer until 2013. Mr. Moos had expanded the Basic-Fit club portfolio from the initial 32 clubs to 351 clubs per 31 March 2016. Following his career as a professional tennis player, he opened multiple tennis clubs, where he worked as a tennis teacher. Mr. Moos studied at the University of Tennessee in Knoxville, Tennessee, the United States of America.

CEO Compensation
  • René's compensation has been consistent with company performance over the past year, both up more than 20%.
  • René's remuneration is lower than average for companies of similar size in United States of America.
Management Team

René Moos

TITLE
Chairman of the Management Board & CEO
COMPENSATION
€1M
AGE
56
TENURE
7.5 yrs

Hans van der Aar

TITLE
CFO & Member of the Management Board
COMPENSATION
€1M
AGE
61
TENURE
7.5 yrs

Richard Piekaar

TITLE
Head of Investor Relations
Board of Directors Tenure

Average tenure and age of the Basic-Fit board of directors in years:

3.1
Average Tenure
55.5
Average Age
  • The tenure for the Basic-Fit board of directors is about average.
Board of Directors

Kees van der Graaf

TITLE
Chairman of Supervisory Board
COMPENSATION
€55K
AGE
69
TENURE
2.2 yrs

Carin Gorter

TITLE
Vice-Chairman of the Supervisory Board
COMPENSATION
€50K
AGE
56
TENURE
3.1 yrs

Herman Rutgers

TITLE
Member of the Supervisory Board
COMPENSATION
€48K
AGE
70
TENURE
3.1 yrs

Pieter de Jong

TITLE
Member of the Supervisory Board
COMPENSATION
€46K
AGE
55
TENURE
3.5 yrs

Hans Willemse

TITLE
Member of the Supervisory Board
COMPENSATION
€53K
AGE
51
TENURE
3.5 yrs

Rob Van Der Heijden

TITLE
Member of Supervisory Board
COMPENSATION
€48K
AGE
54
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Basic-Fit's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Basic-Fit has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Basic-Fit N.V. operates fitness clubs in the Netherlands, Belgium, Luxembourg, France, and Spain. As of December 31, 2018, it operated 161 clubs in the Netherlands, 173 clubs in Belgium, 10 clubs in Luxembourg, 252 clubs in France, and 33 clubs in Spain. The company was incorporated in 2016 and is headquartered in Hoofddorp, the Netherlands.

Details
Name: Basic-Fit N.V.
BSFF.F
Exchange: OTCPK
Founded: 2016
€1,926,009,317
54,666,667
Website: http://corporate.basic-fit.com
Address: Basic-Fit N.V.
Wegalaan 60,
Hoofddorp,
Noord-Holland, 2132 JC,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM BFIT Ordinary Shares Euronext Amsterdam NL EUR 10. Jun 2016
OTCPK BSFF.F Ordinary Shares Pink Sheets LLC US USD 10. Jun 2016
DB B4F Ordinary Shares Deutsche Boerse AG DE EUR 10. Jun 2016
LSE 0RHD Ordinary Shares London Stock Exchange GB EUR 10. Jun 2016
BATS-CHIXE BFITA Ordinary Shares BATS 'Chi-X Europe' GB EUR 10. Jun 2016
Number of employees
Current staff
Staff numbers
4,135
Basic-Fit employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 00:57
End of day share price update: 2019/07/09 00:00
Last estimates confirmation: 2019/07/12
Last earnings filing: 2019/03/15
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.