STEP ONE CLOTHING LIMITED (STP)
Share Price Analysis and Chart

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STP - STEP ONE CLOTHING LIMITED

FNArena Sector : NONE
Year End: June
GICS Industry Group : Commercial Services & Supplies
Debt/EBITDA: 0
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.63

25 Jul
2024

-0.060

OPEN

$1.69

-3.55%

HIGH

$1.69

87,813

LOW

$1.61

TARGET
$2.25 38.0% upside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
STP: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 4.7 6.5 xxx
DPS (cps) xxx 5.0 6.5 xxx
EPS Growth xxx N/A 39.8% xxx
DPS Growth xxx N/A 30.0% xxx
PE Ratio xxx N/A 25.1 xxx
Dividend Yield xxx N/A 4.0% xxx
Div Pay Ratio(%) xxx 107.5% 100.0% xxx

Dividend yield today if purchased 3 years ago: 2.87%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.07

Estimated Dividend Growth
(Average Of Past Three Years)

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 23/02 - ex-div 4c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 20192020202120222023
EPS Basic xxxxxxxxxxxx4.7
DPS All xxxxxxxxxxxx5.0
Sales/Revenue xxxxxxxxxxxx65.2 M
Book Value Per Share xxxxxxxxxxxx31.1
Net Operating Cash Flow xxxxxxxxxxxx4.6 M
Net Profit Margin xxxxxxxxxxxx13.22 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20192020202120222023
Return on Capital Employed xxxxxxxxxxxx16.30 %
Return on Invested Capital xxxxxxxxxxxx16.30 %
Return on Assets xxxxxxxxxxxx13.32 %
Return on Equity xxxxxxxxxxxx16.30 %
Return on Total Capital xxxxxxxxxxxx21.01 %
Free Cash Flow ex dividends xxxxxxxxxxxx4.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20192020202120222023
Short-Term Debt xxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxx38 M
Price To Book Value xxxxxxxxxxxx1.09

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20192020202120222023
Capex xxxxxxxxxxxx0.1 M
Capex % of Sales xxxxxxxxxxxx0.12 %
Cost of Goods Sold xxxxxxxxxxxx17 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx37 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

22/07/2024

1

Add

$2.25

38.04%

Morgans reviews the Consumer Discretionary sector and spins a tale of two retail groups.

The broker observes the February reporting season pointed to an uptick in company fortunes, with stronger gross margins (thanks to freight and pricing improvements), sales resilience and stronger consumer sentiment featuring but notes risks have since risen.

The cost of living continues to feature as rate cuts have been delayed and inflation continues and Australian retail sales statistics keep falling.

The broker expects this will create a split among retailers with those that are building market and share, store networks and tight cost control, emerging victorious. Lovisa, Step One and Universal Store are the broker's preferred picks.

Morgans believes Step One Clothing's growth prospects are compelling, particularly after its impressive recent trading update which revealed a sharp improvement in sales momentum and operating margins.

The broker tinkers with FY24 EPS and DPS forecasts.

Add rating and $2.25 target price retained.

FORECAST
Morgans forecasts a full year FY24 dividend of 6.50 cents and EPS of 6.50 cents.
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
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STP STOCK CHART

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