The historical rank and industry rank for Step One Clothing's Pretax Margin % or its related term are showing as below:
ASX:STP'
s Pretax Margin % Range Over the Past 10 Years
Min: -4.53 Med: 20.08 Max: 22.13
Current: -4.53
ASX:STP's Pretax Margin % is ranked worse than 83.16% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 3.135
vs ASX:STP: -4.53
Step One Clothing (ASX:STP) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Step One Clothing Pretax Margin % Related Terms
Step One Clothing Pretax Margin % Historical Data
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The historical data trend for Step One Clothing's Pretax Margin % 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.
ASX:STP vs TJX, ROST, BURL: Pretax Margin % Comparison
For the Apparel Retail subindustry, Step One Clothing's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Step One Clothing's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Step One Clothing's Pretax Margin % falls into.
* 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 Pretax Margin % of -27.27% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Step One Clothing and its competitors. According to the industry distribution chart, Step One Clothing ranks #938 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 83.2%.
Is Step One Clothing's Pretax Margin % too high?
Step One Clothing's current Pretax Margin % is -27.27%. Based on the distribution chart, Step One Clothing ranks #938 out of 1128 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 Pretax Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Step One Clothing ranks #938 out of 1128 companies for Pretax Margin %. This places Step One Clothing in the lower half of its industry. The industry median Pretax Margin % is 3.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.14, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Step One Clothing and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step One Clothing's current Pretax Margin % is -27.27%. 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 Pretax Margin % is -27.27%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Step One Clothing (ASX:STP), the current Pretax Margin % is -27.27% as of Dec. 2025. 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:
Pretax Margin %: -27.27%
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
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