Basic-Fit N.V
Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates clubs under Basic-Fit brand in the Netherlands, Belgium, Luxembourg, Germany, France, and Spain. Basic-Fit N.V. was formerly known as Miktom Topco B.V and changed its name to Basic-Fit N.V. in July 2016. The company was founded in 1984 and is based in Hoofddorp, the Netherlands.
Basic-Fit N.V (BSFFF) - Net Assets
Latest net assets as of June 2025: $392.00 Million USD
Based on the latest financial reports, Basic-Fit N.V (BSFFF) has net assets worth $392.00 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.54 Billion) and total liabilities ($3.15 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $392.00 Million |
| % of Total Assets | 11.06% |
| Annual Growth Rate | 29.91% |
| 5-Year Change | 32.44% |
| 10-Year Change | N/A |
| Growth Volatility | 34.92 |
Basic-Fit N.V - Net Assets Trend (2013–2024)
This chart illustrates how Basic-Fit N.V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Basic-Fit N.V (2013–2024)
The table below shows the annual net assets of Basic-Fit N.V from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $411.50 Million | +1.86% |
| 2023-12-31 | $403.98 Million | -0.35% |
| 2022-12-31 | $405.39 Million | -1.26% |
| 2021-12-31 | $410.58 Million | +32.15% |
| 2020-12-31 | $310.70 Million | +1.38% |
| 2019-12-31 | $306.49 Million | -6.29% |
| 2018-12-31 | $327.07 Million | +3.07% |
| 2017-12-31 | $317.31 Million | +4.01% |
| 2016-12-31 | $305.08 Million | +1392.97% |
| 2015-12-31 | $-23.59 Million | -5451.76% |
| 2014-12-31 | $-425.00K | -101.84% |
| 2013-12-31 | $23.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Basic-Fit N.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 32634200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.00 Million | 0.97% |
| Other Comprehensive Income | $52.90 Million | 12.86% |
| Other Components | $687.80 Million | 167.14% |
| Total Equity | $411.50 Million | 100.00% |
Basic-Fit N.V Competitors by Market Cap
The table below lists competitors of Basic-Fit N.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lecron Energy Saving Materials
SHE:300343
|
$829.53 Million |
|
Wisdom Marine Lines Co Ltd
TW:2637
|
$830.08 Million |
|
Guangdong Tapai Group Co Ltd
SHE:002233
|
$830.46 Million |
|
Headwater Exploration Inc
PINK:CDDRF
|
$830.46 Million |
|
JEPA
F:JEPA
|
$829.15 Million |
|
Vimian Group AB (publ)
PINK:VIMGF
|
$829.05 Million |
|
United Fire Group Inc
NASDAQ:UFCS
|
$828.99 Million |
|
Huhtamaki Oyj
NYSE:HMKIY
|
$828.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Basic-Fit N.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 404,000,000 to 411,500,000, a change of 7,500,000 (1.9%).
- Net income of 8,000,000 contributed positively to equity growth.
- Share repurchases of 3,600,000 reduced equity.
- Other comprehensive income increased equity by 50,152,999.
- Other factors decreased equity by 47,052,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.00 Million | +1.94% |
| Share Repurchases | $3.60 Million | -0.87% |
| Other Comprehensive Income | $50.15 Million | +12.19% |
| Other Changes | $-47.05 Million | -11.43% |
| Total Change | $- | 1.86% |
Book Value vs Market Value Analysis
This analysis compares Basic-Fit N.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 44.88x to 3.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.42 | $19.00 | x |
| 2014-12-31 | $-0.01 | $19.00 | x |
| 2015-12-31 | $-0.43 | $19.00 | x |
| 2016-12-31 | $6.97 | $19.00 | x |
| 2017-12-31 | $5.80 | $19.00 | x |
| 2018-12-31 | $5.98 | $19.00 | x |
| 2019-12-31 | $5.61 | $19.00 | x |
| 2020-12-31 | $5.39 | $19.00 | x |
| 2021-12-31 | $6.41 | $19.00 | x |
| 2022-12-31 | $6.14 | $19.00 | x |
| 2023-12-31 | $6.12 | $19.00 | x |
| 2024-12-31 | $6.23 | $19.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Basic-Fit N.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.66%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 8.60x
- Recent ROE (1.94%) is above the historical average (-8.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -29.63% | 0.00% | 0.00x | 16.25x | $-9.17 Million |
| 2014 | 0.00% | -13.89% | 0.33x | 0.00x | $-22.46 Million |
| 2015 | 0.00% | -11.36% | 0.35x | 0.00x | $-20.61 Million |
| 2016 | -10.61% | -12.52% | 0.40x | 2.14x | $-62.88 Million |
| 2017 | 3.51% | 3.41% | 0.44x | 2.34x | $-20.60 Million |
| 2018 | 5.38% | 4.38% | 0.48x | 2.54x | $-15.11 Million |
| 2019 | 3.60% | 2.14% | 0.26x | 6.50x | $-19.60 Million |
| 2020 | -40.29% | -33.22% | 0.17x | 7.33x | $-156.26 Million |
| 2021 | -36.55% | -44.04% | 0.13x | 6.21x | $-191.11 Million |
| 2022 | -0.91% | -0.46% | 0.28x | 7.03x | $-44.23 Million |
| 2023 | -0.66% | -0.26% | 0.32x | 8.01x | $-43.08 Million |
| 2024 | 1.94% | 0.66% | 0.34x | 8.60x | $-33.15 Million |
Industry Comparison
This section compares Basic-Fit N.V's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,929,952,868
- Average return on equity (ROE) among peers: -67.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Basic-Fit N.V (BSFFF) | $392.00 Million | -29.63% | 8.04x | $829.31 Million |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |