* Note: Prices are in Million (M) USD.
Description:
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Note: Financial institutions (banks/insurers/brokers/REITs) are evaluated using sector, P/E, growth, ROE and other factors. The 3.5× Net Debt/EBITDA rule is skipped to avoid misleading signals; however, Cash/Debt/EBITDA are still displayed and counted for scoring.
Cash : $366 M
Debt : $270 M
EBITDA : $-1,005 M
Since Ebitda is less than 0, 0 points assigned.
This criteria used industry in which company operates:
Sector: Financials
Industry: Asset management
Based on industry, 3 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Message: Cannot calculate PE Ratio since EPS is either 0 or negative.
Using default values for calculation.
Forward PE Ratio (using default values): 20.00
Since Forward PE Ratio is between 20 - 25, 2 points assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Using last 9 overlapping fiscal years (max 20).Average Free Cash Flow: $102 M
Average Revenue: $549 M
Revenue Converted To Free Cash Flow (%): 18.6%
Since Free Cash Flow (FCF) to Revenue percentage is greater than 15, 3 points assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2025-03-31): $1,175 M
Revenue 5 Years Ago (2020-03-31): $447 M
Total Growth over 5 Years: 163.1%
5-Year Revenue CAGR (Historical): 21.3%
Forward 5-Year CAGR (Tapered): 14.9%
Since historical Revenue CAGR is greater than 20, 5 points assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2025-03-31): $71 M
Share Count 5 Years Ago (2021-03-31): $33 M
Company is not buying back its own shares, 0 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $0.00
Trailing 12-Month Earnings Per Share (EPS): $0.00
Average Earnings Per Share (EPS): $0.00
Dividend Per Share (DPS): $1
Payout Ratio: 0%
Dividend Yield: 1.37%
EPS is non-positive; payout ratio not meaningful. 0 point assigned.
Since Dividend Yield is greater than 1, 1 point assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Using last 8 valid ROE years (max 20).Average ROE: 10.6%
Since Average ROE is between 10 - 20, 3 points assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $70.69
52-Week Low: $39.26
Threshold Price (15% Above 52-Week Low): $45.15
Since Current price is not within 15% threshold, 0 point assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $8,871 M
Since Market Cap is less than 10B, 1 point assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 2% exposure of Total Portfolio.
Warren Buffett's Owners' Earnings:
Owners' Earnings (FCF/Share) (TTM ending 2025-09-30): $0.27
Owners' Earnings (FCF/Share, latest positive annual) (2025-03-31): $0.84
Note: Many fast-growing companies reinvest heavily, so Owners' Earnings may appear low.
Consider other factors in your valuation.
Value-Trade has assigned 18 points to above Stepstone Group Inc (STEP) stock.
Last 5 Years Avg PE 27.63, Fair Value PE 12, Industry Based PE 15, Growth Based PE 15, RCFC Based PE 18.59, ROE Based PE 10.61, Risk-Free Anchored PE (25% MoS) 18.12. Based on these 7 values, average assigned is 16.71. The fair value of Stepstone Group Inc (STEP) stock cannot be calculated since EBITDA and EPS are either 0 or negative.
