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Step One ClothingASX:STP -6.90%25 Intrinsic Value: Projected FCF is A$0.00 as of Aug. 24, 2026. GuruFocus rates ASX:STP with a GF Score™ of 25/100 and a GF Value™ of A$0.63 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 770 Retail - Cyclical companies, Step One Clothing ranks worse than 129870% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-24), Step One Clothing's Intrinsic Value: Projected FCF is A$0.00. The stock price of Step One Clothing is A$0.135. Therefore, Step One Clothing's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.
The historical rank and industry rank for Step One Clothing's Intrinsic Value: Projected FCF or its related term are showing as below:
ASX:STP's Price-to-Projected-FCF is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.775 * Ranked among companies with meaningful Price-to-Projected-FCF only.
Step One Clothing (ASX:STP) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Step One Clothing's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
0.135
/
=
* 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 Intrinsic Value: Projected FCF Related Terms
Step One Clothing Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Step One Clothing's Intrinsic Value: Projected 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.
Step One Clothing Intrinsic Value: Projected FCF Chart
ASX:STP vs TJX, ROST, BURL: Intrinsic Value: Projected FCF Comparison
For the Apparel Retail subindustry, Step One Clothing's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Price-to-Projected-FCF vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Step One Clothing's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Step One Clothing's Price-to-Projected-FCF falls into.
Step One Clothing Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
What does a Intrinsic Value: Projected FCF of A$0.00 mean?
Step One Clothing (ASX:STP) has a Intrinsic Value: Projected FCF of A$0.00 as of Aug. 24, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Step One Clothing and its competitors. According to the industry distribution chart, Step One Clothing ranks #999999 out of 770 companies in the Retail - Cyclical industry.
Is Step One Clothing's Intrinsic Value: Projected FCF too high?
Step One Clothing's current Intrinsic Value: Projected FCF is A$0.00. Based on the distribution chart, Step One Clothing ranks #999999 out of 770 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Step One Clothing has a GF Score™ of 25/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Step One Clothing's Intrinsic Value: Projected FCF compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Step One Clothing ranks #999999 out of 770 companies for Intrinsic Value: Projected FCF. This places Step One Clothing in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Retail - Cyclical company?
The median Intrinsic Value: Projected FCF among Retail - Cyclical companies is 0.78, based on 770 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Step One Clothing and its competitors. For the Retail - Cyclical industry, the median Intrinsic Value: Projected FCF is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step One Clothing's current Intrinsic Value: Projected FCF is A$0.00. 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 Possible Value Trap. The stock's GF Value™ is A$0.63, compared to a current price of A$0.14 — trading 78.6% below its estimated fair value. The current Intrinsic Value: Projected FCF is A$0.00. Step One Clothing's overall GF Score™ is 25/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Step One Clothing (ASX:STP), the current Intrinsic Value: Projected FCF is A$0.00 as of Aug. 24, 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$0.14 is trading 78.6% below its estimated GF Value™ of A$0.63.
GuruFocus considers Step One Clothing to be Possible Value Trap.
Key valuation signals for ASX:STP:
Intrinsic Value: Projected FCF: A$0.00
GF Value™: A$0.63 vs. price of A$0.14 (78.6% 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.
25GF Score
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Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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