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STP

Step One Clothing ASX:STP Stock Report

Last Price

AU$0.21

Market Cap

AU$38.9m

7D

-58.8%

1Y

n/a

Updated

16 May, 2022

Data

Company Financials +
STP fundamental analysis
Snowflake Score
Valuation6/6
Future Growth6/6
Past Performance0/6
Financial Health5/6
Dividends0/6

STP Stock Overview

Step One Clothing Limited operates as a direct-to-consumer pure online retailer for men’s underwear in the United Kingdom and Australia.

Step One Clothing Peers

Price History & Performance

Summary of all time highs, changes and price drops for Step One Clothing
Historical stock prices
Current Share PriceAU$0.21
52 Week HighAU$3.13
52 Week LowAU$0.20
Beta0
1 Month Change-75.58%
3 Month Change-81.74%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-92.36%

Recent News & Updates

Apr 28
Step One Clothing (ASX:STP) Is In A Strong Position To Grow Its Business

Step One Clothing (ASX:STP) Is In A Strong Position To Grow Its Business

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

STPAU Online RetailAU Market
7D-58.8%1.6%-2.1%
1Yn/a-62.0%0.5%

Return vs Industry: Insufficient data to determine how STP performed against the Australian Online Retail industry.

Return vs Market: Insufficient data to determine how STP performed against the Australian Market.

Price Volatility

Is STP's price volatile compared to industry and market?
STP volatility
STP Average Weekly Movement18.4%
Online Retail Industry Average Movement10.0%
Market Average Movement9.4%
10% most volatile stocks in AU Market16.5%
10% least volatile stocks in AU Market4.3%

Stable Share Price: STP is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: STP's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2017n/an/ahttps://www.stepone.group

Step One Clothing Limited operates as a direct-to-consumer pure online retailer for men’s underwear in the United Kingdom and Australia. It offers men’s underwear products, such as boxer briefs, trunks, and a boxer brief with a fly through its website, www.stepone.life. The company was incorporated in 2017 and is based in Surry Hills, Australia.

Step One Clothing Fundamentals Summary

How do Step One Clothing's earnings and revenue compare to its market cap?
STP fundamental statistics
Market CapAU$38.92m
Earnings (TTM)-AU$7.78m
Revenue (TTM)AU$65.71m

0.6x

P/S Ratio

-5.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STP income statement (TTM)
RevenueAU$65.71m
Cost of RevenueAU$11.06m
Gross ProfitAU$54.65m
Other ExpensesAU$62.42m
Earnings-AU$7.78m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.042
Gross Margin83.16%
Net Profit Margin-11.84%
Debt/Equity Ratio0.0%

How did STP perform over the long term?

See historical performance and comparison
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

How is Step One Clothing forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


98.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: STP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).

Earnings vs Market: STP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: STP's is expected to become profitable in the next 3 years.

Revenue vs Market: STP's revenue (26.4% per year) is forecast to grow faster than the Australian market (4.8% per year).

High Growth Revenue: STP's revenue (26.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: STP's Return on Equity is forecast to be high in 3 years time (31.1%)


Past Performance

How has Step One Clothing performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-59.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: STP is currently unprofitable.

Growing Profit Margin: STP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: STP is unprofitable, and losses have increased over the past 5 years at a rate of 59.2% per year.

Accelerating Growth: Unable to compare STP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: STP is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (10.9%).


Return on Equity

High ROE: STP has a negative Return on Equity (-16.09%), as it is currently unprofitable.


Financial Health

How is Step One Clothing's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: STP's short term assets (A$56.9M) exceed its short term liabilities (A$11.2M).

Long Term Liabilities: STP's short term assets (A$56.9M) exceed its long term liabilities (A$62.0K).


Debt to Equity History and Analysis

Debt Level: STP is debt free.

Reducing Debt: STP had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: STP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if STP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Step One Clothing current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate STP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate STP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if STP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if STP's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as STP has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Step One Clothing has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: STP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: STP only recently listed within the past 12 months.


Top Shareholders

Company Information

Step One Clothing Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Step One Clothing Limited
  • Ticker: STP
  • Exchange: ASX
  • Founded: 2017
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: AU$38.921m
  • Shares outstanding: 185.34m
  • Website: https://www.stepone.group

Location

  • Step One Clothing Limited
  • 5/69 Reservoir Street
  • Surry Hills
  • New South Wales
  • 2010
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.