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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Step One Clothing's Enterprise Value is A$10.02 Mil.
Step One Clothing's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.56 Mil. Therefore, Step One Clothing's EV-to-FCF for today is -1.53.
The historical rank and industry rank for Step One Clothing's EV-to-FCF or its related term are showing as below:
ASX:STP'
s EV-to-FCF Range Over the Past 10 Years
Min: -3.26 Med: 6.78 Max: 68.34
Current: -1.53
During the past 5 years, the highest EV-to-FCF of Step One Clothing was 68.34. The lowest was -3.26. And the median was 6.78.
ASX:STP's EV-to-FCF is ranked worse than 100% of 772
companies
in the Retail - Cyclical industry
Industry Median: 14.085
vs ASX:STP: -1.53
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Step One Clothing's PE Ratio (TTM) for today is calculated as:
Step One Clothing's share price for today is A$0.15.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Step One Clothing's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.022.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Step One Clothing EV-to-FCF Related Terms
Step One Clothing EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Step One Clothing's EV-to-FCF 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.
For the Apparel Retail subindustry, Step One Clothing's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Step One Clothing's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Step One Clothing's EV-to-FCF falls into.
Step One Clothing's current Enterprise Value is A$10.02 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Step One Clothing's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.56 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 (ASX:STP) has a EV-to-FCF of -1.53 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Step One Clothing and its competitors. According to the industry distribution chart, Step One Clothing ranks #999999 out of 772 companies in the Retail - Cyclical industry.
Is Step One Clothing's EV-to-FCF too high?
Step One Clothing's current EV-to-FCF is -1.53. Based on the distribution chart, Step One Clothing ranks #999999 out of 772 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-FCF compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Step One Clothing ranks #999999 out of 772 companies for EV-to-FCF. This places Step One Clothing in the lower half of its industry. The industry median EV-to-FCF is 14.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Retail - Cyclical company?
The median EV-to-FCF among Retail - Cyclical companies is 14.09, based on 772 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Step One Clothing and its competitors. For the Retail - Cyclical industry, the median EV-to-FCF is 14.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step One Clothing's current EV-to-FCF is -1.53. 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-FCF is -1.53. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Step One Clothing (ASX:STP), the current EV-to-FCF is -1.53 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-FCF: -1.53
GF Value™: A$0.64 vs. price of A$0.15 (76.6% below fair value)
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 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
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