Step One ClothingASX:STP -3.57%39 Quick Ratio is 3.50 as of Dec. 2025, which is 0% below its 10-year median of 3.51. GuruFocus rates ASX:STP with a GF Score™ of 39/100 and a GF Value™ of A$0.64 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,132 Retail - Cyclical companies, Step One Clothing ranks better than 91.25% on this metric.
Step One Clothing has a quick ratio of 3.50. It generally indicates good short-term financial strength.
The historical rank and industry rank for Step One Clothing's Quick Ratio or its related term are showing as below:
ASX:STP'
s Quick Ratio Range Over the Past 10 Years
Min: 2.42 Med: 3.51 Max: 4.39
Current: 3.5
During the past 5 years, Step One Clothing's highest Quick Ratio was 4.39. The lowest was 2.42. And the median was 3.51.
ASX:STP's Quick Ratio is ranked better than 91.25% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 0.87
vs ASX:STP: 3.50
Step One Clothing (ASX:STP) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Step One Clothing Quick Ratio Related Terms
Step One Clothing Quick Ratio Historical Data
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The historical data trend for Step One Clothing's Quick Ratio 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: Quick Ratio Comparison
For the Apparel Retail subindustry, Step One Clothing's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Step One Clothing's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Step One Clothing's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Step One Clothing's Quick Ratio 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 Quick Ratio of 3.50 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Step One Clothing and its competitors. This is near median its historical median of 3.51. Over the past decade, Step One Clothing's Quick Ratio has ranged from 2.42 to 4.39. According to the industry distribution chart, Step One Clothing ranks #99 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 8.7%.
Is Step One Clothing's Quick Ratio too high?
Step One Clothing's current Quick Ratio of 3.50 is near median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 4.39. The Retail - Cyclical industry median Quick Ratio is 0.87. Step One Clothing's value of 3.50 is 302.3% above this industry median. Based on the distribution chart, Step One Clothing ranks #99 out of 1132 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position 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 Quick Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Step One Clothing ranks #99 out of 1132 companies for Quick Ratio. This places Step One Clothing in the top 9% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.87. Step One Clothing's value of 3.50 is 302.3% above this benchmark. Historically, Step One Clothing's own Quick Ratio has ranged from 2.42 to 4.39 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 0.87, Step One Clothing has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Step One Clothing's current Quick Ratio of 3.50 is 302.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Step One Clothing and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step One Clothing's current Quick Ratio is 3.50, which is near median its own 10-year median of 3.51. 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 Quick Ratio is 3.50, which is near median its 10-year median of 3.51 and 302.3% above the Retail - Cyclical industry median of 0.87. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Step One Clothing (ASX:STP), the current Quick Ratio is 3.50 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:
Quick Ratio: 3.50 (near median its 10-year median of 3.51)
GF Value™: A$0.64 vs. price of A$0.14 (78.9% below fair value)
Industry Position: 302.3% above the Retail - Cyclical median (#99 of 1132)
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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