Added to YB: 2026-04-21
Pitch date: 2026-04-17
BFIT.AS [neutral]
Basic-Fit N.V.
-2.94%
current return
Author Info
No bio for this author
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 2.1B
Pitch Price
EUR 32.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.14
P/E
148.18
EV/Sales
3.63
Sector
Hotels, Restaurants and Leisure
Category
growth
Basic-Fit trading update Q1 2026
BFIT.AS (earnings): Q1 rev +19% YoY, 6M members (+215k QoQ, +4.6%), ARPU €24.95 (+3% YoY). France approved 24/7 unstaffed ops for ~200 clubs (50 in May, 150 summer). Belgium VAT hike delayed = €1M/mo tailwind. Raised 2026 EBITDA-rent guide by €10M to €415-455M. 1,688 clubs (+28 QoQ), members/club +8% to 2,981. Issued €307.6M convertible bond (2.5% coupon, €46.618 conversion) likely for M&A. CMD next week to clarify capital allocation & shareholder returns.
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