Professional
Added to YB: 2024-05-08
Pitch date: 2024-05-01
BFIT.AS [bullish]
Basic-Fit N.V.
+34.9%
current return
Author Info
1 Main Capital is a long-biased investment partnership that invests primarily in high-quality, attractively valued, growing businesses. Visit their fund website.
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 20.80
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
1 Main Capital Partners Portfolio Holding: Basic-Fit N.V.
BFIT.AS: Leading European fitness chain impacted by inflation & weak economy. Skilled management navigated challenges well, worst likely over. Significant share price decline presents attractive re-entry valuation for long-term growth potential in budget gym sector.
Read full article (1 min)