Share Name Share Symbol Market Type Share ISIN Share Description
The Gym Group LSE:GYM London Ordinary Share GB00BZBX0P70 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -0.24% 211.00p 211.00p 212.00p 214.75p 210.75p 210.75p 238,004 16:29:40
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 73.5 6.9 4.5 46.9 270.62

Gym Group Share Discussion Threads

Showing 126 to 150 of 150 messages
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Potential gig economy issues hTTps://
On 19th. Sep, Barclays issued a broker note and RETAINED their OVERWEIGHT recommendation and INCREASED their Price Target (from 230p) to 250p. ALL IMO> DYOR. QP
From citywire Don’t undervalue The Gym Group, says Berenberg The Gym Group (GYM) has acquired 18 gyms in its latest deal but Berenberg said the business was still materially undervalued. Analyst Owen Shirley reiterated his ‘buy’ recommendation and target price of 300p on the stock, after it acquired 18 gyms from Lifestyle Fitness for £20.5 million. The shares were trading up 0.6%, or 1.4p, at 215p at the time of writing. Shirley said the group should now reach 109 sites by the end of the year and he believes it ‘can become a materially larger operation at scale’. ‘The Gym Group trades at 22.4x 2018 estimated price/earnings... however, we note that putting existing sites on mature earnings would see it trading at c.11.5x - materially undervaluing the rollout potential of the business,’ he said.
This morning, Peel Hunt issue a broker note with a REITERATE BUY recommendation and slightly INCREASED TARGET PRICE of 260p (from 250p). ALL IMO. DYOR. QP
Held these from Shauney mentioned them in the 170's and never looked at this board much so good to see the likes of QP here 👍
As you say its best to deal in fact not fantasy! Some Gym Market Statistics: Source: Leisure Database - State of the UK Fitness Industry Report - dated 31 March 2017. Pure Gym is the current low cost market leader. On average Pure Gym charge around £7.60 more per month than The Gym Group. If Gym Group increased their charges by just £3.80 a month, half the price difference with that of Pure Gym; on current membership levels of circa 500,000, that would more than double Gym Groups current EBITDA of £22.7m. Across high population London, Gym Group have 38% of the current low cost market, nearly twice their largest two rivals combined. Despite the rapid growth over the past few years, there are still only 515 low cost gyms nationwide, just 7.6% of the current total gym market. Low cost gym membership has grown over the last 5 years at an average CAGR of 44%, while traditional high cost private and public sector gyms has seen growth of 0% and 1% respectively. There are over 2700 public gyms - each has on average only 26% of the equipment of a low cost gym, 23% of the membership numbers, and a membership fee some 76% higher. And there has been a 16% reduction in spending on public sector sporting facilities over the last three years, which remains on a sharp downward trend. Having trained in high cost gyms for over 30 years and having once been an investor/ part owner of a high cost gym, looking at the market as a whole, I strongly suspect the low cost gym revolution(4 year CAGR of 44%) is still in its infancy, accelerating and has probably a decade or more to run before getting close to saturation level. Today there are 3,504 private gyms with an average monthly fee of £50, 2,709 public gym facilities with an average monthly fee of £30, and just 515 low cost gyms with an average monthly fee of £17. I expect the clients of Public sector gyms(CAGR over last 5 years of 1%), to be the principal target of the low cost gyms over the next decade, particularly since public sector sports facility funding has been cut sharply over the last 3 years (16% down). If you think paying extra to train at a high cost gym gives access to better equipment and more knowledgeable staff, you will be sadly mistaken. My local Virgin gym has 8,500 members and despite each paying circa £600 a year, i can count on one hand the number of people who look any different from one year to the next. Why is this the case? Because, changing your appearance or conditioning as it is known, requires lowering body fat levels, which no matter how hard you train is achieved overwhelmingly by diet(a reduced calorie intake - 300 a day less for 6 months will show astonishing results with or without training). Ask anyone who knows how to get results in a gym(few do): if they could do only one resistance exercise for the rest of their lives to help keep in shape what would it be? - the answer would be SQUATS combined with a calorie controlled diet - nothing, with the possible exception of weighted chins and dips comes remotely close to getting the same results. Like all gyms my local Virgin Gym has a very high turnover of members; it's easy to see why, as the only change most experience in a year is that they are £600 lighter in the wallet! Despite the gym having 8,500 members, i never have to queue to get on the ONE squat rack or ONE chinning/dip station this huge gym has - remarkable, since these are the only resistance exercises that create sufficient training intensity to stimulate muscle growth but, most people avoid them like the plague preferring to concentrate on low intensity exercise machines, which are largely a waste of time. How effective are squats? Check out Galabin Boevski, an elite, highly conditioned 10.5 stone bodyweight class Olympic Gold Medal winner and multi world record holder Olympic Weightlifter finishing off a training session with some 250kg/550lb squats - so routine he does not even bother with a belt or having a spotter in attendance. hTTps:// AIMHO/DYOR
mount teide
I'm a member of this gym in the Hemel area .... cheap and cheerful located next to Tescos which is convenient ... but small and uncomfortably full at peak times, namely after work, and weekends on rainy days - an even distribution of customers is difficult so this company will only by acquisition and when the fad fades as often happens with these things .... and especially so given the regular prima donnas that frequent these places hogging the equipment .... clubs like this only survive if they have a large number of members who fail to attend regularly .... "Some deal in fact. Others deal in fantasy." DYOR
Haven't seen any new broker notes today after the earnings-accretive RNS announcement but just to recap where we stand on recent broker recommendations: 31/8 Peel Hunt REITERATE BUY with TARGET PRICE 250p 30/8 Numis REITERATE BUY with TARGET PRICE 263p 25/8 Berenberg REITERATE BUY with TARGET PRICE 300p Berenberg sees UPSIDE POTENTIAL of c 45%. Others c 25-30% All favourable. All nicely aligned at REITERAte BUY. ALL IMO> DYOR. QP
Good deal re increasing national coverage. Possibly the 8 will be sold on.
Seems like a steal. By net book value of £19.2m is that just tangible assets or include goodwill?
Good points QP.Could it be that those 8 have users who have longer term contracts which need to be phased out?GYM must see them as earnings enhancing either way. Anyway the market seems to like it.
Didn't IC say to sell these last week ? Lol
thanks. but if that is the case why acquire them and not just the ten which fit the business model and can trade under the brand name? Otherwise all looks good. ALL IMO. DYOR. QP
I understood those not being rebranded charged a higher fee and so were not considered low cost in line with the rest of the gyms currently owned, so would retain current branding.
Great. Further acquisitions for this burgeoning health club group. Earnings enhancing. fast growing. Impressive growth in number of sites through this bolt-on acquisition. hXXps:// One question on my mind. Eighteen sites acquired. Ten sites understandably to be rebranded imminently but don't follow business rationale why remaining 8 would only " be considered for conversion to The Gym brand in due course " and continue to be run under current brand name. Why would you acquire any sites if you are not certain you want to rebrand them? Are they poorer sites or do they need big investment to bring them up to snuff? Can anyone throw light on this point why they would seemingly not be certain they want to rebrand ALL of the acquired sites? - Thanks. All in all, the growth at The Gym Group continues apace. ALL IMO. DYOR. QP
Hi everyone, what are your thoughts on this company, all seems good on the fundamentals but no price increase. The share price was higher last year with less clubs more debt and less cash flow! Baffled.
Hot on the heels of our recent Research report,GYM has issued stonking interim results: this business is all about the glorious cash flow.
GYM tipped in Trendwatch: hxxp://
Terrific interims and great model Overseas buyers surely circling hxxp://
Anyone have LfL growth figures for GYM ? Very difficult to get in touch with any board members !
steven miners
Thanks for link. Good article QP
The Gym Group cashes in on closures of local authority gyms and rise in Brits trying to get fit on the cheap hTtp://
Time will reveal all!
This share is slightly off the radar and results issued on 30th August/holiday season don't necessarily catch the crest of the media wave. But strong results they are. In my opinion, patience will reward handsomely as The Gym Group bulks up and expands and gets into its stride. ALL IMO. DYOR. QP
Very good results! share price hasn't lifted significantly for some strange reason?
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