Professional
Added to YB: 2024-05-08
Pitch date: 2024-05-01
BFIT.AS [bullish]
Basic-Fit N.V.
+44.23%
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. 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 20.80
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
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.
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