60.53 USD
+1.16 (+1.95%)
60.53 USD
0 (0%)
STEP gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. Both the profitability and financial health of STEP have multiple concerns. STEP is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year STEP was profitable.
STEP had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: STEP reported negative net income in multiple years.
STEP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
STEP's Return On Assets of -11.54% is on the low side compared to the rest of the industry. STEP is outperformed by 82.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.54% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)-0.97%
ROA(5y)1.29%
ROE(3y)-28.2%
ROE(5y)-7.16%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Gross Margin value of 79.38%, STEP belongs to the best of the industry, outperforming 84.81% of the companies in the same industry.
In the last couple of years the Gross Margin of STEP has grown nicely.
The Profit Margin and Operating Margin are not available for STEP so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 79.38% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.98%
GM growth 5Y2.12%
2. Health
2.1 Basic Checks
Compared to 1 year ago, STEP has more shares outstanding
Compared to 5 years ago, STEP has more shares outstanding
STEP has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.03, we must say that STEP is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.03, STEP is doing worse than 75.95% of the companies in the same industry.
STEP has a debt to FCF ratio of 14.26. This is a negative value and a sign of low solvency as STEP would need 14.26 years to pay back of all of its debts.
With a Debt to FCF ratio value of 14.26, STEP perfoms like the industry average, outperforming 53.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.26 | ||
| Altman-Z | -0.03 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
STEP has a Current Ratio of 0.79. This is a bad value and indicates that STEP is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of STEP (0.79) is worse than 65.82% of its industry peers.
A Quick Ratio of 0.79 indicates that STEP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.79, STEP is doing worse than 65.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.38% over the past year.
Measured over the past years, STEP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.39% on average per year.
The Revenue has grown by 91.10% in the past year. This is a very strong growth!
The Revenue has been growing by 21.29% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)26.38%
EPS 3Y8.39%
EPS 5YN/A
EPS Q2Q%20%
Revenue 1Y (TTM)91.1%
Revenue growth 3Y-4.87%
Revenue growth 5Y21.29%
Sales Q2Q%22.68%
3.2 Future
Based on estimates for the next years, STEP will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.79% on average per year.
STEP is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.05% yearly.
EPS Next Y-4.02%
EPS Next 2Y11.2%
EPS Next 3Y14.79%
EPS Next 5YN/A
Revenue Next Year17.25%
Revenue Next 2Y21.16%
Revenue Next 3Y22.05%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 29.38, STEP can be considered very expensive at the moment.
73.42% of the companies in the same industry are cheaper than STEP, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.45, STEP is valued at the same level.
A Price/Forward Earnings ratio of 23.88 indicates a rather expensive valuation of STEP.
63.29% of the companies in the same industry are cheaper than STEP, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of STEP to the average of the S&P500 Index (34.46), we can say STEP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.38 | ||
| Fwd PE | 23.88 |
4.2 Price Multiples
STEP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 377.55 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as STEP's earnings are expected to grow with 14.79% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.2%
EPS Next 3Y14.79%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.89%, STEP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 8.61, STEP has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.42, STEP is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
5.2 History
STEP has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
STEP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-17.56%
EPS Next 2Y11.2%
EPS Next 3Y14.79%
60.53
+1.16 (+1.95%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners92.47%
Inst Owner Change4.02%
Ins Owners10.66%
Ins Owner Change-8.47%
Market Cap7.15B
Revenue(TTM)1.54B
Net Income(TTM)-615.09M
Analysts78.57
Price Target75.48 (24.7%)
Short Float %3.29%
Short Ratio3.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
Yearly Dividend1.07
Dividend Growth(5Y)N/A
DP-17.56%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.54%
Min EPS beat(2)-8.03%
Max EPS beat(2)9.12%
EPS beat(4)2
Avg EPS beat(4)11.84%
Min EPS beat(4)-8.03%
Max EPS beat(4)50.15%
EPS beat(8)5
Avg EPS beat(8)16.58%
EPS beat(12)5
Avg EPS beat(12)7.84%
EPS beat(16)8
Avg EPS beat(16)8.48%
Revenue beat(2)2
Avg Revenue beat(2)34.92%
Min Revenue beat(2)20.07%
Max Revenue beat(2)49.78%
Revenue beat(4)2
Avg Revenue beat(4)10.97%
Min Revenue beat(4)-17.2%
Max Revenue beat(4)49.78%
Revenue beat(8)4
Avg Revenue beat(8)10.08%
Revenue beat(12)4
Avg Revenue beat(12)-3.07%
Revenue beat(16)6
Avg Revenue beat(16)-6.29%
PT rev (1m)4.33%
PT rev (3m)14.44%
EPS NQ rev (1m)-5.33%
EPS NQ rev (3m)9.06%
EPS NY rev (1m)0.6%
EPS NY rev (3m)0.36%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.43%
Revenue NY rev (1m)-6.9%
Revenue NY rev (3m)-0.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.38 | ||
| Fwd PE | 23.88 | ||
| P/S | 4.63 | ||
| P/FCF | 377.55 | ||
| P/OCF | 303 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)2.06
EY3.4%
EPS(NY)2.53
Fwd EY4.19%
FCF(TTM)0.16
FCFY0.26%
OCF(TTM)0.2
OCFY0.33%
SpS13.08
BVpS-1.98
TBVpS-8.96
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -11.54% | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 79.38% | ||
| FCFM | 1.23% |
ROA(3y)-0.97%
ROA(5y)1.29%
ROE(3y)-28.2%
ROE(5y)-7.16%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.98%
GM growth 5Y2.12%
F-Score3
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.26 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 10.2% | ||
| Cap/Sales | 0.3% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | -0.03 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)21.41%
Cap/Depr(5y)19.13%
Cap/Sales(3y)4.06%
Cap/Sales(5y)2.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.38%
EPS 3Y8.39%
EPS 5YN/A
EPS Q2Q%20%
EPS Next Y-4.02%
EPS Next 2Y11.2%
EPS Next 3Y14.79%
EPS Next 5YN/A
Revenue 1Y (TTM)91.1%
Revenue growth 3Y-4.87%
Revenue growth 5Y21.29%
Sales Q2Q%22.68%
Revenue Next Year17.25%
Revenue Next 2Y21.16%
Revenue Next 3Y22.05%
Revenue Next 5YN/A
EBIT growth 1Y-866.09%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year25.14%
EBIT Next 3Y23.7%
EBIT Next 5YN/A
FCF growth 1Y-83.7%
FCF growth 3Y-34.43%
FCF growth 5Y-1.67%
OCF growth 1Y-82.43%
OCF growth 3Y-32.84%
OCF growth 5Y-0.3%
STEPSTONE GROUP INC-CLASS A / STEP FAQ
Can you provide the ChartMill fundamental rating for STEPSTONE GROUP INC-CLASS A?
ChartMill assigns a fundamental rating of 3 / 10 to STEP.
Can you provide the valuation status for STEPSTONE GROUP INC-CLASS A?
ChartMill assigns a valuation rating of 2 / 10 to STEPSTONE GROUP INC-CLASS A (STEP). This can be considered as Overvalued.
Can you provide the profitability details for STEPSTONE GROUP INC-CLASS A?
STEPSTONE GROUP INC-CLASS A (STEP) has a profitability rating of 3 / 10.
What is the financial health of STEPSTONE GROUP INC-CLASS A (STEP) stock?
The financial health rating of STEPSTONE GROUP INC-CLASS A (STEP) is 0 / 10.
What is the earnings growth outlook for STEPSTONE GROUP INC-CLASS A?
The Earnings per Share (EPS) of STEPSTONE GROUP INC-CLASS A (STEP) is expected to decline by -4.02% in the next year.