STEPSTONE GROUP INC-CLASS A (STEP) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:STEP • US85914M1071

62.43 USD
+3.26 (+5.51%)
At close: Feb 6, 2026
62.15 USD
-0.28 (-0.45%)
After Hours: 2/6/2026, 8:07:17 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Taking everything into account, STEP scores 3 out of 10 in our fundamental rating. STEP was compared to 238 industry peers in the Capital Markets industry. STEP has a bad profitability rating. Also its financial health evaluation is rather negative. STEP is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year STEP was profitable.
  • STEP had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: STEP reported negative net income in multiple years.
  • STEP had a positive operating cash flow in each of the past 5 years.
STEP Yearly Net Income VS EBIT VS OCF VS FCFSTEP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M

1.2 Ratios

  • With a Return On Assets value of -11.54%, STEP is not doing good in the industry: 82.35% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -11.54%
ROE N/A
ROIC N/A
ROA(3y)-0.97%
ROA(5y)1.29%
ROE(3y)-28.2%
ROE(5y)-7.16%
ROIC(3y)N/A
ROIC(5y)N/A
STEP Yearly ROA, ROE, ROICSTEP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 -100

1.3 Margins

  • STEP has a Gross Margin of 79.38%. This is amongst the best in the industry. STEP outperforms 84.45% of its industry peers.
  • In the last couple of years the Gross Margin of STEP has grown nicely.
  • STEP does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 79.38%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.98%
GM growth 5Y2.12%
STEP Yearly Profit, Operating, Gross MarginsSTEP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 100 150 200

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ROAROEROICOperating and Profit MarginShow most profitable peers

0

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, STEP has more shares outstanding
  • STEP has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for STEP is higher compared to a year ago.
STEP Yearly Shares OutstandingSTEP Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
STEP Yearly Total Debt VS Total AssetsSTEP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • STEP has an Altman-Z score of 0.01. This is a bad value and indicates that STEP is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.01, STEP is doing worse than 73.11% of the companies in the same industry.
  • The Debt to FCF ratio of STEP is 14.26, which is on the high side as it means it would take STEP, 14.26 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 14.26, STEP is in line with its industry, outperforming 59.66% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 14.26
Altman-Z 0.01
ROIC/WACCN/A
WACCN/A
STEP Yearly LT Debt VS Equity VS FCFSTEP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 0.79 indicates that STEP may have some problems paying its short term obligations.
  • STEP has a Current ratio of 0.79. This is in the lower half of the industry: STEP underperforms 63.03% of its industry peers.
  • STEP has a Quick Ratio of 0.79. This is a bad value and indicates that STEP is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.79, STEP is doing worse than 62.60% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.79
Quick Ratio 0.79
STEP Yearly Current Assets VS Current LiabilitesSTEP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

9

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 33.53% over the past year.
  • The Earnings Per Share has been growing by 8.39% on average over the past years. This is quite good.
  • Looking at the last year, STEP shows a very strong growth in Revenue. The Revenue has grown by 64.72%.
  • STEP shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.29% yearly.
EPS 1Y (TTM)33.53%
EPS 3Y8.39%
EPS 5YN/A
EPS Q2Q%47.73%
Revenue 1Y (TTM)64.72%
Revenue growth 3Y-4.87%
Revenue growth 5Y21.29%
Sales Q2Q%159.12%

3.2 Future

  • STEP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.97% yearly.
  • The Revenue is expected to grow by 23.89% on average over the next years. This is a very strong growth
EPS Next Y5.69%
EPS Next 2Y17.39%
EPS Next 3Y17.97%
EPS Next 5YN/A
Revenue Next Year27.46%
Revenue Next 2Y25.8%
Revenue Next 3Y23.89%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
STEP Yearly Revenue VS EstimatesSTEP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 500M 1B 1.5B
STEP Yearly EPS VS EstimatesSTEP Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 27.50, STEP can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, STEP is valued a bit more expensive than the industry average as 73.53% of the companies are valued more cheaply.
  • STEP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.93, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 22.10, STEP is valued on the expensive side.
  • Based on the Price/Forward Earnings ratio, STEP is valued a bit more expensive than 60.92% of the companies in the same industry.
  • STEP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 27.77, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 27.5
Fwd PE 22.1
STEP Price Earnings VS Forward Price EarningsSTEP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • STEP's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 390.06
EV/EBITDA N/A
STEP Per share dataSTEP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates STEP does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as STEP's earnings are expected to grow with 17.97% in the coming years.
PEG (NY)4.83
PEG (5Y)N/A
EPS Next 2Y17.39%
EPS Next 3Y17.97%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.79%, STEP has a reasonable but not impressive dividend return.
  • STEP's Dividend Yield is comparable with the industry average which is at 6.13.
  • STEP's Dividend Yield is comparable with the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 1.79%

5.2 History

  • STEP has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
STEP Yearly Dividends per shareSTEP Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 0.5 1

5.3 Sustainability

  • STEP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-17.56%
EPS Next 2Y17.39%
EPS Next 3Y17.97%
STEP Yearly Income VS Free CF VS DividendSTEP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M

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Find the best dividend stocksShow peers with best dividend

STEPSTONE GROUP INC-CLASS A

NASDAQ:STEP (2/6/2026, 8:07:17 PM)

After market: 62.15 -0.28 (-0.45%)

62.43

+3.26 (+5.51%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-05
Earnings (Next)05-20
Inst Owners95.29%
Inst Owner Change0.05%
Ins Owners10.44%
Ins Owner Change-4.66%
Market Cap7.38B
Revenue(TTM)1.18B
Net Income(TTM)-615.09M
Analysts78.57
Price Target81.89 (31.17%)
Short Float %3.65%
Short Ratio3.92
Dividend
Industry RankSector Rank
Dividend Yield 1.79%
Yearly Dividend1.07
Dividend Growth(5Y)N/A
DP-17.56%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.54%
Min EPS beat(2)-8.03%
Max EPS beat(2)9.12%
EPS beat(4)2
Avg EPS beat(4)11.84%
Min EPS beat(4)-8.03%
Max EPS beat(4)50.15%
EPS beat(8)5
Avg EPS beat(8)16.58%
EPS beat(12)5
Avg EPS beat(12)7.84%
EPS beat(16)8
Avg EPS beat(16)8.48%
Revenue beat(2)2
Avg Revenue beat(2)34.92%
Min Revenue beat(2)20.07%
Max Revenue beat(2)49.78%
Revenue beat(4)2
Avg Revenue beat(4)10.97%
Min Revenue beat(4)-17.2%
Max Revenue beat(4)49.78%
Revenue beat(8)4
Avg Revenue beat(8)10.08%
Revenue beat(12)4
Avg Revenue beat(12)-3.07%
Revenue beat(16)6
Avg Revenue beat(16)-6.29%
PT rev (1m)7.77%
PT rev (3m)10.2%
EPS NQ rev (1m)8.7%
EPS NQ rev (3m)16.77%
EPS NY rev (1m)3.88%
EPS NY rev (3m)10.12%
Revenue NQ rev (1m)14.4%
Revenue NQ rev (3m)19.99%
Revenue NY rev (1m)12.6%
Revenue NY rev (3m)8.53%
Valuation
Industry RankSector Rank
PE 27.5
Fwd PE 22.1
P/S 4.78
P/FCF 390.06
P/OCF 313.04
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)2.27
EY3.64%
EPS(NY)2.82
Fwd EY4.52%
FCF(TTM)0.16
FCFY0.26%
OCF(TTM)0.2
OCFY0.32%
SpS13.05
BVpS-1.97
TBVpS-8.94
PEG (NY)4.83
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -11.54%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 79.38%
FCFM 1.23%
ROA(3y)-0.97%
ROA(5y)1.29%
ROE(3y)-28.2%
ROE(5y)-7.16%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.98%
GM growth 5Y2.12%
F-Score3
Asset Turnover0.29
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 14.26
Debt/EBITDA N/A
Cap/Depr 10.2%
Cap/Sales 0.3%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.79
Quick Ratio 0.79
Altman-Z 0.01
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)21.41%
Cap/Depr(5y)19.13%
Cap/Sales(3y)4.06%
Cap/Sales(5y)2.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.53%
EPS 3Y8.39%
EPS 5YN/A
EPS Q2Q%47.73%
EPS Next Y5.69%
EPS Next 2Y17.39%
EPS Next 3Y17.97%
EPS Next 5YN/A
Revenue 1Y (TTM)64.72%
Revenue growth 3Y-4.87%
Revenue growth 5Y21.29%
Sales Q2Q%159.12%
Revenue Next Year27.46%
Revenue Next 2Y25.8%
Revenue Next 3Y23.89%
Revenue Next 5YN/A
EBIT growth 1Y-866.09%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year36.25%
EBIT Next 3Y23.7%
EBIT Next 5YN/A
FCF growth 1Y-83.7%
FCF growth 3Y-34.43%
FCF growth 5Y-1.67%
OCF growth 1Y-82.43%
OCF growth 3Y-32.84%
OCF growth 5Y-0.3%

STEPSTONE GROUP INC-CLASS A / STEP FAQ

Can you provide the ChartMill fundamental rating for STEPSTONE GROUP INC-CLASS A?

ChartMill assigns a fundamental rating of 3 / 10 to STEP.


What is the valuation status of STEPSTONE GROUP INC-CLASS A (STEP) stock?

ChartMill assigns a valuation rating of 2 / 10 to STEPSTONE GROUP INC-CLASS A (STEP). This can be considered as Overvalued.


Can you provide the profitability details for STEPSTONE GROUP INC-CLASS A?

STEPSTONE GROUP INC-CLASS A (STEP) has a profitability rating of 3 / 10.


What is the expected EPS growth for STEPSTONE GROUP INC-CLASS A (STEP) stock?

The Earnings per Share (EPS) of STEPSTONE GROUP INC-CLASS A (STEP) is expected to grow by 5.69% in the next year.


Can you provide the dividend sustainability for STEP stock?

The dividend rating of STEPSTONE GROUP INC-CLASS A (STEP) is 2 / 10 and the dividend payout ratio is -17.56%.