Added to YB: 2025-03-17
Pitch date: 2025-03-13
BFIT.AS [bullish]
Basic-Fit N.V.
+59.98%
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 1.9B
Pitch Price
EUR 17.54
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
turnaround
Basic Fit Full-Year Results: I'm Buying
BFIT.AS: FY rev +16% to €1.22B, 4.25M members, 1,575 clubs (+12% YoY). Slowing expansion to 100 clubs/yr in 2025-26. €40M buyback planned. FCF missed guidance. New strategy: deleverage, mature network (90% by 2026), prep for franchising. Analyst projects 3000 clubs by 2032, 16% discount rate justifies current price.
Read full article (4 min)