XNASSTEP
Market cap6.94bUSD
Dec 24, Last price
60.26USD
1D
1.24%
1Q
6.30%
IPO
143.47%
Name
StepStone Group Inc
Chart & Performance
Profile
StepStone Group Inc. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, and buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. It typically invests between $15 million and $200 million in firms with enterprise value between $150 million and $25000 million. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, Europe, Australia, and Asia.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|
2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | 2020‑03 | 2019‑03 | 2018‑03 | 2017‑03 | |
Income | ||||||||
Revenues | 711,631 -1,153.11% | (67,574) -104.95% | 1,365,525 73.35% | |||||
Cost of revenue | 539,860 | 386,335 | 913,163 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 171,771 | (453,909) | 452,362 | |||||
NOPBT Margin | 24.14% | 671.72% | 33.13% | |||||
Operating Taxes | 27,576 | 3,821 | 28,300 | |||||
Tax Rate | 16.05% | 6.26% | ||||||
NOPAT | 144,195 | (457,730) | 424,062 | |||||
Net income | 58,091 -228.31% | (45,275) -109.35% | 484,281 53.94% | |||||
Dividends | (68,474) | (49,973) | (23,874) | |||||
Dividend yield | 2.88% | 3.33% | 1.35% | |||||
Proceeds from repurchase of equity | (695) | 10,823 | ||||||
BB yield | 0.03% | -0.72% | ||||||
Debt | ||||||||
Debt current | 15,371 | 62,879 | ||||||
Long-term debt | 372,929 | 328,462 | 141,930 | |||||
Deferred revenue | 21,600 | 19,000 | ||||||
Other long-term liabilities | (30,325) | 293,804 | 39,966 | |||||
Net debt | (691,392) | (716,534) | (1,353,203) | |||||
Cash flow | ||||||||
Cash from operating activities | 161,522 | 151,183 | 214,281 | |||||
CAPEX | (19,607) | (5,627) | (2,103) | |||||
Cash from investing activities | (47,347) | (30,807) | (210,241) | |||||
Cash from financing activities | (57,978) | (108,021) | (70,439) | |||||
FCF | 134,778 | (1,036,306) | 997,542 | |||||
Balance | ||||||||
Cash | 181,594 | 128,562 | 116,386 | |||||
Long term investments | 898,098 | 916,434 | 1,441,626 | |||||
Excess cash | 1,044,110 | 1,048,375 | 1,489,736 | |||||
Stockholders' equity | 1,562,841 | 1,178,650 | 1,466,702 | |||||
Invested Capital | 1,067,260 | 793,346 | 550,438 | |||||
ROIC | 15.50% | 80.72% | ||||||
ROCE | 8.14% | 22.64% | ||||||
EV | ||||||||
Common stock shares outstanding | 66,544 | 61,885 | 53,600 | |||||
Price | 35.74 47.26% | 24.27 -26.59% | 33.06 -6.27% | |||||
Market cap | 2,378,284 58.35% | 1,501,941 -15.24% | 1,772,024 30.71% | |||||
EV | 3,235,550 | 1,803,057 | 1,655,141 | |||||
EBITDA | 219,359 | (406,466) | 479,339 | |||||
EV/EBITDA | 14.75 | 3.45 | ||||||
Interest | 9,331 | 4,189 | 1,113 | |||||
Interest/NOPBT | 5.43% | 0.25% |