Step One Clothing (ASX:STP) EV-to-EBIT: -2.96 (As of Jul. 15, 2026)

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ASX:STP Step One Clothing Ltd ASX:STP
33 GF Score
Price A$0.15
GF Value A$0.64
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Step One Clothing EV-to-EBIT?

Step One Clothing ASX:STP +7.14% 33 EV-to-EBIT is -2.96 as of Jul. 15, 2026. GuruFocus rates ASX:STP with a GF Score™ of 33/100 and a GF Value™ of A$0.64 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 869 Retail - Cyclical companies, Step One Clothing ranks worse than 115074.68% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Step One Clothing's Enterprise Value is A$10.02 Mil. Step One Clothing's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.38 Mil. Therefore, Step One Clothing's EV-to-EBIT for today is -2.96.

The historical rank and industry rank for Step One Clothing's EV-to-EBIT or its related term are showing as below:

ASX:STP' s EV-to-EBIT Range Over the Past 10 Years
Min: -627.27   Med: 3.74   Max: 28.12
Current: -2.96

During the past 5 years, the highest EV-to-EBIT of Step One Clothing was 28.12. The lowest was -627.27. And the median was 3.74.

ASX:STP's EV-to-EBIT is ranked worse than
100% of 869 companies
in the Retail - Cyclical industry
Industry Median: 13.45 vs ASX:STP: -2.96

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Step One Clothing's Enterprise Value for the quarter that ended in Dec. 2025 was A$46.16 Mil. Step One Clothing's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.38 Mil. Step One Clothing's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.32%.


Step One Clothing  (ASX:STP) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Step One Clothing's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=-3.38/46.1579
=-7.32 %

Step One Clothing's Enterprise Value for the quarter that ended in Dec. 2025 was A$46.16 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Step One Clothing's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.38 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Step One Clothing EV-to-EBIT Related Terms


Step One Clothing EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Step One Clothing's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Step One Clothing EV-to-EBIT Chart

Step One Clothing Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
0.00 -166.52 2.17 11.31 5.06

Step One Clothing Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 11.31 0.00 5.06 0.00

ASX:STP vs TJX, ROST, BURL: EV-to-EBIT Comparison

For the Apparel Retail subindustry, Step One Clothing's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Step One Clothing EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Step One Clothing's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Step One Clothing's EV-to-EBIT falls into.


ASX:STP
33GF Score
Step One Clothing Ltd ASX:STP
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Step One Clothing EV-to-EBIT Calculation

Step One Clothing's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10.017/-3.38
=-2.96

Step One Clothing's current Enterprise Value is A$10.02 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Step One Clothing's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.38 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -2.96 mean?
Step One Clothing (ASX:STP) has a EV-to-EBIT of -2.96 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Step One Clothing and its competitors. According to the industry distribution chart, Step One Clothing ranks #999999 out of 869 companies in the Retail - Cyclical industry.
Is Step One Clothing's EV-to-EBIT too high?
Step One Clothing's current EV-to-EBIT is -2.96. Based on the distribution chart, Step One Clothing ranks #999999 out of 869 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Step One Clothing has a GF Score™ of 33/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Step One Clothing's EV-to-EBIT compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Step One Clothing ranks #999999 out of 869 companies for EV-to-EBIT. This places Step One Clothing in the lower half of its industry. The industry median EV-to-EBIT is 13.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Retail - Cyclical company?
The median EV-to-EBIT among Retail - Cyclical companies is 13.45, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Step One Clothing and its competitors. For the Retail - Cyclical industry, the median EV-to-EBIT is 13.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step One Clothing's current EV-to-EBIT is -2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step One Clothing stock overvalued right now?
Based on GuruFocus' analysis, Step One Clothing (ASX:STP) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.64, compared to a current price of A$0.15 — trading 76.6% below its estimated fair value. The current EV-to-EBIT is -2.96. Step One Clothing's overall GF Score™ is 33/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Step One Clothing (ASX:STP), the current EV-to-EBIT is -2.96 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Step One Clothing (ASX:STP) Overvalued in 2026?

Based on GuruFocus' analysis, Step One Clothing stock appears to be undervalued. The current stock price of A$0.15 is trading 76.6% below its estimated GF Value™ of A$0.64. GuruFocus considers Step One Clothing to be Significantly Undervalued.

Key valuation signals for ASX:STP:

  • EV-to-EBIT: -2.96
  • GF Value™: A$0.64 vs. price of A$0.15 (76.6% below fair value)
  • GF Score™: 33/100 with 3 warning signs

No single metric tells the full story. See the ASX:STP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Step One Clothing Business Description

Other Exchanges J6H:Germany
Address 120 Chalmers Street, Surry Hills, Level 2, Sydney, NSW, AUS, 2010
Step One Clothing Ltd is a direct-to-consumer online retailer for men's undergarments. Its products comprise Boxer Brief, Trunks, and Boxer Breif+Fly. Its group is organized into three operating segments, being online retail sales for Australia, the United Kingdom, and the United States of America, however, these segments are aggregated into one reportable segment.
33GF Score

Get the complete analysis for ASX:STP

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.15
Price
A$0.64
GF Value