Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Step One Clothing's share price for the quarter that ended in Dec. 2025 was A$0.335. Step One Clothing's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 185.34 Mil. Therefore, Step One Clothing's market cap for the quarter that ended in Dec. 2025 was A$62.09 Mil.
Step One Clothing's quarterly market cap
declined
from Dec. 2024 (A$235.04 Mil) to Jun. 2025 (A$125.87 Mil) and
declined
from Jun. 2025 (A$125.87 Mil) to Dec. 2025 (A$62.09 Mil).
Step One Clothing's annual market cap
increased
from Jun. 2023 (A$62.45 Mil) to Jun. 2024 (A$250.64 Mil) but then
declined
from Jun. 2024 (A$250.64 Mil) to Jun. 2025 (A$125.87 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Step One Clothing's Enterprise Value for Today is A$9.09 Mil.
Step One Clothing (ASX:STP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Step One Clothing Market Cap Related Terms
Step One Clothing Market Cap Historical Data
* Premium members only.
The historical data trend for Step One Clothing's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Step One Clothing's Market Cap distribution charts can be found below:
* The bar in red indicates where Step One Clothing's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Step One Clothing's Market Cap for the fiscal year that ended in Jun. 2025 is calculated as
* 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 Market Cap of A$25.02 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Step One Clothing and its competitors. According to the industry distribution chart, Step One Clothing ranks #900 out of 1142 companies in the Retail - Cyclical industry, placing it in the top 78.8%.
Is Step One Clothing's Market Cap too high?
Step One Clothing's current Market Cap is A$25.02 Mil. Based on the distribution chart, Step One Clothing ranks #900 out of 1142 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Step One Clothing has a GF Score™ of 39/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Step One Clothing's Market Cap compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Step One Clothing ranks #900 out of 1142 companies for Market Cap. This places Step One Clothing in the lower half of its industry. The industry median Market Cap is 144.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Retail - Cyclical company?
The median Market Cap among Retail - Cyclical companies is 144.35, based on 1,142 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Step One Clothing and its competitors. For the Retail - Cyclical industry, the median Market Cap is 144.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step One Clothing's current Market Cap is A$25.02 Mil. 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$0.14 — trading 78.9% below its estimated fair value. The current Market Cap is A$25.02 Mil. Step One Clothing's overall GF Score™ is 39/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Step One Clothing (ASX:STP), the current Market Cap is A$25.02 Mil as of Jun. 26, 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 78.9% below its estimated GF Value™ of A$0.64.
GuruFocus considers Step One Clothing to be Significantly Undervalued.
Key valuation signals for ASX:STP:
Market Cap: A$25.02 Mil
GF Value™: A$0.64 vs. price of A$0.14 (78.9% 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.
39GF Score
Get the complete analysis for ASX:STP
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:STP has been successfully added to your 
