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: N/A
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.70

28 Feb
2024

-0.050

OPEN

$1.76

-2.86%

HIGH

$1.76

314,905

LOW

$1.68

TARGET
$1.65 -2.9% downside
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 N/A 5.9 xxx
DPS (cps) xxx N/A 6.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 27.6 xxx
Dividend Yield xxx N/A 3.7% xxx
Div Pay Ratio(%) xxx N/A 101.7% 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 xxxxxxxxxxxx-
Long Term Debt xxxxxxxxxxxx-
Total Debt xxxxxxxxxxxx-
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 xxxxxxxxxxxx-

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

21/02/2024

1

Add

$1.65

-2.94%

Morgans increases its target for Step One Clothing to $1.65 from $1.20 (on a higher multiple) following an exceptional 1H performance which delivered strong growth for men’s and women’s products in all markets.

Australian and UK sales grew by 9% and 38%, respectively, while US sales were higher than the analysts expected.

Sales rose by 26% and gross margins rose by 50bps resulting in a 36% uplift for earnings (EBITDA), just shy of the broker’s forecast.

An interim dividend of 4cps was declared, well up on the 3.1cps forecast by Morgans.

The broker’s forecasts are little changed. The Add rating is maintained on potential expansion for the existing products and potential to add more product adjacencies, explain the analysts.

FORECAST
Morgans forecasts a full year FY24 dividend of 6.00 cents and EPS of 5.90 cents.
Morgans forecasts a full year FY25 dividend of 6.50 cents and EPS of 6.60 cents.

STP STOCK CHART