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Added to YB: 2025-03-17

Pitch date: 2025-03-13

BFIT.AS [bullish]

Basic-Fit N.V.

+71.04%

current return

Author Info

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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 17.54

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

turnaround

Show full summary:
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)