Professional
Added to YB: 2024-02-08
Pitch date: 2024-02-08
BFIT.AS [bullish]
Basic-Fit N.V.
+6.16%
current return
Author Info
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 28.26
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
value
Asheville Capital holding - Basic-Fit ($BFIT.AS)
$BFIT.AS: Largest European fitness chain offers low-cost, high-quality gyms. Cluster strategy deters competition & reduces churn. Unit economics: €1.2M build cost, €431K mature EBITDA (36% ROIC). Trades ~10x stand-still FCF despite strong post-COVID recovery & growth runway.
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