Can The Gym Group pump up your portfolio?

The Gym Group was one of the best UK small-cap stocks in 2024

The Gym Group in Lewisham seen with shut doors
(Image credit: Dave Rushen/SOPA Images/LightRocket via Getty Images)

The Gym Group (LSE: GYM) has recorded one of the best performances among UK small caps in 2024. The stock has returned around 42% over the year and at one point had gained almost 65%. The FTSE All-Share has returned less than 10% year to date. Even after this performance, the shares in the low-cost gym operator look cheap compared with its growth potential and cash generation.

The Gym Group's growth streak

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Rupert Hargreaves
Contributor and former deputy digital editor of MoneyWeek

Rupert is the former deputy digital editor of MoneyWeek. He's an active investor and has always been fascinated by the world of business and investing. His style has been heavily influenced by US investors Warren Buffett and Philip Carret. He is always looking for high-quality growth opportunities trading at a reasonable price, preferring cash generative businesses with strong balance sheets over blue-sky growth stocks.

Rupert has written for many UK and international publications including the Motley Fool, Gurufocus and ValueWalk, aimed at a range of readers; from the first timers to experienced high-net-worth individuals. Rupert has also founded and managed several businesses, including the New York-based hedge fund newsletter, Hidden Value Stocks. He has written over 20 ebooks and appeared as an expert commentator on the BBC World Service.