Professional
Added to YB: 2025-04-29
Pitch date: 2025-04-25
BFIT.AS [neutral]
Basic-Fit N.V.
+52.67%
current return
Author Info
Etruscan Capital writes about micro-caps you have never heard of. Sign up for the newsletter.
Company Info
Basic-Fit N.V. operates and franchises fitness clubs under the Basic-Fit brand in the Netherlands, Belgium, Luxembourg, France, Spain, Germany, Austria, Switzerland, Slovenia, Romania, Croatia, and the Czech Republic.
Market Cap
EUR 1.9B
Pitch Price
EUR 19.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.80
P/E
133.18
EV/Sales
3.48
Sector
Hotels, Restaurants and Leisure
Category
value
Portfolio Summary - All My Current Holdings - Basic-Fit N.V.
BFIT.AS (holding update): Europe's largest gym chain with scale advantages, valued too cheaply on CF potential. Expansion costs & debt hide profitability. Lower EU gym penetration vs US/Scandinavia offers growth runway. New franchise program reduces self-funding burden. Cash generation improvement should trigger re-rate.
Read full article (1 min)