Basic-Fit N.V. (BFIT.AS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+1020.4%

€335.22

vs €29.92 price

Levered DCF

€174.10

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

0.7

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	134.36×	188.17×	-693.6×	-437.92×	-17.95×	-13.82×	169.25×	81.09×
P/B	5.51×	3.66×	5.23×	3.99×	6.55×	5.56×	6.04×	4.34×
P/S	1.36×	1.24×	1.77×	2.03×	7.9×	4.59×	3.59×	3.53×
EV / EBITDA	7.95×	7.59×	9.14×	9.71×	32.24×	24.51×	12.61×	8.53×
Gross margin	39.7%	97.1%	39.5%	78.6%	-24.1%	-4.4%	97.2%	98.4%
Operating margin	10.3%	10.2%	8.1%	7.0%	-69.3%	-42.8%	10.5%	7.9%
Net margin	1.0%	0.7%	-0.3%	-0.5%	-44.0%	-33.2%	2.1%	4.4%
Current ratio	0.25×	0.32×	0.32×	0.32×	0.34×	0.31×	0.37×	0.31×
Debt / equity	9.17×	6.86×	7.13×	5.47×	4.68×	5.78×	4.97×	1.04×
Interest coverage	1.1×	1.13×	0.99×	0.89×	-4.04×	-3.52×	1.54×	1.05×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.1%	1.9%	-0.8%	-0.9%	-36.5%	-40.3%	3.6%	5.4%
Return on invested capital	2.8%	2.3%	2.9%	2.1%	-7.5%	-5.8%	2.0%	3.2%
Return on assets	0.4%	0.2%	-0.1%	-0.1%	-5.9%	-5.5%	0.6%	2.1%
Free cash flow yield	17.3%	16.4%	8.5%	5.8%	-3.8%	-6.7%	-0.0%	-3.4%
Earnings yield	0.8%	0.5%	-0.1%	-0.2%	-5.6%	-7.2%	0.6%	1.2%
Enterprise value	€5B	€4.3B	€4.3B	€3.8B	€4.5B	€3.5B	€3.3B	€1.8B
Net debt / EBITDA	4.9×	4.92×	5.21×	5.57×	13.15×	12.25×	5.55×	1.62×
Cash conversion cycle (days)	-27	-946	-41	-2,066	-2,288	-1,549	-1,858	-2,893