Professional
Added to YB: 2022-01-20
Pitch date: 2022-01-20
GSY.TO [bullish]
goeasy Ltd.
-12.15%
current return
Author Info
Sohra Peak is a NY-based fund focused on undervalued small-caps with long-term potential. Follow the founder on Twitter.
Company Info
goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada.
Market Cap
CAD 3.0B
Pitch Price
CAD 139.19
Price Target
N/A
Dividend
3.17%
EV/EBITDA
N/A
P/E
11.08
EV/Sales
N/A
Sector
Consumer Finance
Category
growth
Sohra Peak Holding - goeasy Limited (GSY.TO)
GSY.TO: Consumer loan portfolio surpassed $2B; repurchased 1.9% of shares at $186.86 avg (first buyback since 2020 at $69.60). Shares trade at 10x est 2023 Owner's Earnings. Mgmt has track record of underpromising & overdelivering. Market underestimates quality, resilience, mgmt & addressable market.
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