Basic-Fit Revenue vs. Current Valuation
Basic Fit NV Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Basic-Fit's current stock value. Our valuation model uses many indicators to compare Basic-Fit value to that of its competitors to determine the firm's financial worth. Basic Fit NV is rated fourth in revenue category among its peers. It is the top company in current valuation category among its peers reporting about 11.14 of Current Valuation per Revenue. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Basic-Fit's earnings, one of the primary drivers of an investment's value.Basic-Fit Revenue vs. Competition
Basic Fit NV is rated fourth in revenue category among its peers. Market size based on revenue of Leisure industry is currently estimated at about 445 Billion. Basic-Fit adds roughly 340.75 Million in revenue claiming only tiny portion of all equities under Leisure industry.
Basic-Fit Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Basic-Fit |
| = | 340.75 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Basic-Fit |
| = | 3.8 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Basic-Fit Current Valuation vs Competition
Basic Fit NV is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Leisure industry is currently estimated at about 26.24 Billion. Basic-Fit retains roughly 3.8 Billion in current valuation claiming about 14% of all equities under Leisure industry.
Basic-Fit Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Basic-Fit, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Basic-Fit will eventually generate negative long term returns. The profitability progress is the general direction of Basic-Fit's change in net profit over the period of time. It can combine multiple indicators of Basic-Fit, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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. Basic-Fit is traded on OTC Exchange in the United States.
Basic-Fit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Basic-Fit. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Basic-Fit position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Basic-Fit's important profitability drivers and their relationship over time.
Basic-Fit Earnings per Share Projection vs Actual
Use Basic-Fit in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Basic-Fit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Basic-Fit will appreciate offsetting losses from the drop in the long position's value.Basic-Fit Pair Trading
Basic Fit NV Pair Trading Analysis
The ability to find closely correlated positions to Basic-Fit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Basic-Fit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Basic-Fit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Basic Fit NV to buy it.
The correlation of Basic-Fit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Basic-Fit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Basic Fit NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Basic-Fit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Basic-Fit position
In addition to having Basic-Fit in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Value Funds Thematic Idea Now
Small Value Funds
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 28 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Value Funds Theme or any other thematic opportunities.
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Other Information on Investing in Basic-Fit Pink Sheet
To fully project Basic-Fit's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Basic Fit NV at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Basic-Fit's income statement, its balance sheet, and the statement of cash flows.