Professional
Added to YB: 2025-04-29
Pitch date: 2025-04-25
BFIT.AS [neutral]
Basic-Fit N.V.
+42.8%
current return
Author Info
Javen Turner is a value investor who likes companies that follow big trends and have big margins of safety. Sign up for the newsletter.
Company Info
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.
Market Cap
EUR 1.9B
Pitch Price
EUR 19.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.15
P/E
-458.86
EV/Sales
3.62
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.
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