J6H Stock Overview

Operates as a direct-to-consumer online retailer for men’s underwear in the United Kingdom, the United States, and Australia. More details

J6H fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	4/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 48.9% below our estimate of its fair value

Earnings are forecast to grow 12.36% per year

Earnings have grown 47.2% per year over the past 5 years

Risk Analysis

Dividend of 5.44% is not well covered by earnings

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

Step One Clothing Limited Competitors

Platform Group

XTRA:FSNT

€153.0m

Zalando

XTRA:ZAL

€8.5b

LUDWIG BECK am Rathauseck - Textilhaus Feldmeier

XTRA:ECK

€53.9m

Delticom

XTRA:DEX

€31.4m

Price History & Performance

Summary of share price highs, lows and changes for Step One Clothing
Historical stock prices
Current Share Price	AU$0.68
52 Week High	AU$1.19
52 Week Low	AU$0.58
Beta	0.88
1 Month Change	-11.18%
3 Month Change	-36.92%
1 Year Change	13.45%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	102.10%

Recent updates

Shareholder Returns

	J6H	DE Specialty Retail	DE Market
7D	-8.8%	-3.9%	-2.6%
1Y	13.4%	32.8%	6.9%

Return vs Industry: J6H underperformed the German Specialty Retail industry which returned 32.1% over the past year.

Return vs Market: J6H exceeded the German Market which returned 7.1% over the past year.

Price Volatility

Is J6H's price volatile compared to industry and market?
J6H volatility
J6H Average Weekly Movement	6.9%
Specialty Retail Industry Average Movement	5.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: J6H has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: J6H's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2017	51	Greg Taylor	www.stepone.group

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

Step One Clothing Limited Fundamentals Summary

How do Step One Clothing's earnings and revenue compare to its market cap?
J6H fundamental statistics
Market cap	€137.08m
Earnings (TTM)	€7.43m
Revenue (TTM)	€50.68m

18.4x

P/E Ratio

2.7x

P/S Ratio

Is J6H overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
J6H income statement (TTM)
Revenue	AU$84.55m
Cost of Revenue	AU$16.22m
Gross Profit	AU$68.33m
Other Expenses	AU$55.93m
Earnings	AU$12.40m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.068
Gross Margin	80.82%
Net Profit Margin	14.67%
Debt/Equity Ratio	0%

How did J6H perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

102%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 12:34
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Step One Clothing Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Tang	Morgans Financial Limited
Mees Alexander	Morgans Financial Limited