Added to YB: 2025-02-17
Pitch date: 2025-02-14
BFIT.AS [bullish]
Basic-Fit N.V.
+0.35%
current return
Author Info
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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 1.5B
Pitch Price
EUR 22.56
Price Target
N/A
Dividend
N/A
Sector
Hotels, Restaurants and Leisure
Category
growth
Deep dive into Basic-Fit (AMS: $BFIT)
BFIT.AS: Low-cost gym chain w/ 1600 locations. Cluster strategy, low churn (24mo), 3 FTEs/gym. €1.2M cost, €460k EBITDA/mature gym. 85% growth to 2030. 10% op margin, 20% potential. FCF yield 8.7%, potentially 16%. Risks: €2.7B debt, execution. Moat: scale economies. P/E 200, 10 if mature.
Read full article (6 min)