Yet Another Value Podcast
Yet Another Value Podcast
Andrew Walker
Oxy Capital's Pedro Sousa thesis on high quality, low cost gym facilities in the UK $GYM.L
1 hour 9 minutes Posted Feb 22, 2024 at 5:53 pm.
] Introduction + Episode sponsor: Fundamental Edge
] Overview of Gym Group $GYM.L and why it's interesting to Pedro
] Competitive analysis: Basic-Fit and PureGym
] Raising prices and margin expansion
] Replacement cost and margin of safety
] Discounting of membership in October 2022
] New CEO in Summer 2023
] Three-tier pricing membership
] Normalized earnings levels looks like and free cash flow
] EBITDA multiples
] Bear case on $GYM.L
] Final thoughts
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1:09:10
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Show notes
Pedro Sousa, Principal at Oxy Capital, joins the podcast to discuss his thesis on The Gym Group plc (LSE: GYM) - founded in 2007, the Gym Group is the original provider of high quality, low cost gym facilities in the UK.
For more information about Oxy Capital, please visit: https://oxycapital.com/homepage/
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