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

$0.82

07 Dec
2023

0.040

OPEN

$0.79

5.13%

HIGH

$0.84

72,115

LOW

$0.79

TARGET
$0.75 -8.5% 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 4.7 5.4 xxx
DPS (cps) xxx 5.0 5.4 xxx
EPS Growth xxx N/A 16.1% xxx
DPS Growth xxx N/A 8.0% xxx
PE Ratio xxx N/A 14.8 xxx
Dividend Yield xxx N/A 6.8% 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 :

6.25

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: 11/09 - ex-div 5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 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

28/08/2023

1

Add

$0.75

-8.54%

FY23 earnings (EBITDA) for Step One Clothing beat Morgans estimate by 5% while operating cash flow moved from an outflow of -$8.6m to an inflow of $4.6m. A maiden 5cps dividend was declared.

The analysts are encouraged by the recent restoration of sales momentum and by an improvement in operating margins.

The broker increases its earnings forecasts for FY24 and FY25 by 18% and 15%, respectively, due to higher sales forecasts and a lower ratio of marketing costs to sales.

The target rises to 75c from 65c. Add.

FORECAST
Morgans forecasts a full year FY24 dividend of 5.40 cents and EPS of 5.40 cents.
Morgans forecasts a full year FY25 dividend of 5.90 cents and EPS of 5.90 cents.

STP STOCK CHART