I would like to know which companies you think can have a x10 return in the next decade, what your bets are on "Ten Baggers" and the reasons why you believe in those companies

I'll start, don't forget to leave your company in the comments!

$BFIT (-1,79%) a chain of low cost gyms all over Europe, in Spain they are growing like crazy, only in my city there are 4 or 5 and 5 years ago there were none, the company does not show profits and they have a specific management policy Grow at all costs, in the stock market today Basic Fit is worth 1.6B Euros and they have 4.5 Million customers all over Europe,

Estimating an average ticket of 22€ (They have subscriptions from 20-35€ per month) per customer each month and an approximate margin of 50% (there are no more than 3 workers per gym) that I think they should reach without problem, valuing the company at 18 times the profits, currently we would have a market value of 10.69B, in less favorable circumstances with a margin of 30% we would talk about a valuation of 6.41B

I don't think it is too crazy that when they spend a few years growing the number of members and gyms, reducing their level of indebtedness and ceasing to be so aggressive in their policy of continuous growth and starting to show benefits, they can capitalize enough to make a x10 (16B Euros) especially if the number of customers increases at the rate of recent years as so far and net margins are high enough (+30%).

And now the important thing,

What is your big bet? 🤔

After my first 12 months investing seriously and long term in the markets I can say that I am quite satisfied 😁.

But there are always buts, and yes, I should have been more careful at the beginning of the year, around December I was blinded by the performance of my investments, I failed to see the risks which seen in hindsight were ENOUGH OBVIOUS let's review them:

• The S&P at 30x Earnings when its average is around 18-21x.

• Three years of growth well above its historical average of 10% with no justification other than the rising expectation of AI 🤖

• A 26% Return in just 6 months in my stock portfolio without much change in EPS simply a price increase due to growing demand.

• Almost 3 years of announced Crisis and many experts (Like Warren Buffet) walking away from the Markets and holding Cash positions.

• A Euro dollar rate among the lowest historically basically at par 1€/1.02$.

In all this context to have shares like $GOOGL (-1,29%)
$META (-0,32%) or others that I had at the time such as $AMZN (-0,18%) were not going to help much being the most affected by the correlation of the index and its high Per not to mention the currency effect.

But I went with a very aggressive portfolio and barely kept 5% in money funds or cash 😔 (which also if I had it was by chance not by planning 🤣).

The important thing Lesson Learned, you have to keep a cool head, and maintain a balanced management according to the risks and not be blinded by these situations of "easy money".

However the year has not ended not so bad many of my "bets" have gone fantastically well as well as. $HPE (-0,12%) (+30%) $SMSN (-0,93%) (+15%) $BFIT (-1,79%) (+10%)

And I have diversified into smaller stocks that are not so correlated to the indices and that according to my criteria have the potential to outperform the index

As well as other alternative investment vehicles such as BME Growth and Urbanitae projects.

And of course I keep a reserve but not too big for when opportunities like the ones we saw just a couple of months ago come along ;)

This is how things have been in the aggregate one year later, in the equity portfolio the profitability is somewhat higher, but still it is important to diversify as we said before, we continue working to improve and grow 🔝📈📈

After missing earnings estimates by -8% in net income and by -1% in EBITDA

$BFIT (-1,79%) falls almost 23% in a single day

I am confident in the company in the long term, sooner or later it will show profits and grow like crazy.

Although it is highly indebted it has assets worth 66B and the company is listed at 1.25B the real equity after deducting liabilities is about 400M so if it is highly indebted but has a profitable business model and well established in major European countries (Spain, Germany, France, Netherlands).

If business goes well sooner or later they will end up showing good results and a more stable debt situation 💸🇳🇱

Which European stocks do you think can make a difference and can be an investment opportunity and reduce the risk of keeping a large part of the portfolio in the United States 🇺🇸.

These are my picks for the moment:

• $ITX (-1,72%)
• 
  $BFIT (-1,79%) (I have to expand my position)
• $ASML (-0,4%) (I have not yet bought)
• $MC (-0,48%) (I haven't bought yet)

Which European stocks do you think will thrive with good returns in the future?