StepStone Group Inc
NASDAQ:STEP

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StepStone Group Inc
NASDAQ:STEP
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Price: 59.36 USD -2.19% Market Closed
Market Cap: 6.9B USD

Relative Value

The Relative Value of one STEP stock under the Base Case scenario is 57.8 USD. Compared to the current market price of 59.36 USD, StepStone Group Inc is Overvalued by 3%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

STEP Relative Value
Base Case
57.8 USD
Overvaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
48
vs Industry
28
Median 3Y
6.1
Median 5Y
5.8
Industry
3.3
Forward
6.3
vs History
vs Industry
5
Median 3Y
48.6
Median 5Y
24.8
Industry
15.7
Forward
30.3
vs History
6
vs Industry
7
Median 3Y
24.9
Median 5Y
23.6
Industry
10.4
vs History
8
vs Industry
12
Median 3Y
22.2
Median 5Y
17.4
Industry
12.9
vs History
0
vs Industry
0
Median 3Y
4.9
Median 5Y
6.9
Industry
1.3
vs History
43
vs Industry
36
Median 3Y
5.9
Median 5Y
5.7
Industry
4.9
Forward
6.2
vs History
40
vs Industry
41
Median 3Y
6.9
Median 5Y
6.6
Industry
7.2
vs History
vs Industry
24
Median 3Y
17.7
Median 5Y
14.3
Industry
14
Forward
17.1
vs History
vs Industry
17
Median 3Y
22.4
Median 5Y
16.5
Industry
14.5
Forward
16.8
vs History
6
vs Industry
9
Median 3Y
24.6
Median 5Y
22.6
Industry
12.6
vs History
8
vs Industry
8
Median 3Y
28.1
Median 5Y
24.2
Industry
13.4
vs History
31
vs Industry
22
Median 3Y
1.1
Median 5Y
1.2
Industry
1

Multiples Across Competitors

STEP Competitors Multiples
StepStone Group Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
StepStone Group Inc
NASDAQ:STEP
6.9B USD 5.8 -38.5 -32.3 -26.6
US
Blackstone Inc
NYSE:BX
206.7B USD 15 72.2 30.7 30.9
US
BlackRock Inc
NYSE:BLK
169.3B USD 7.8 26.4 20.9 22.6
US
KKR & Co Inc
NYSE:KKR
126.6B USD 7.7 57.7 -923.6 -923.6
CA
Brookfield Corp
NYSE:BN
107.6B USD 1.3 241.3 11.4 16.9
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
133.1B CAD 68 102 133.9 134.5
CA
Brookfield Asset Management Inc
NYSE:BAM
96.4B USD 68 102 133.8 134.3
ZA
Ninety One Ltd
JSE:NY1
79.9B Zac 0 0 0 0
LU
Reinet Investments SCA
JSE:RNI
73.5B Zac 0 0 0 0
US
Bank of New York Mellon Corp
NYSE:BK
70.4B USD 3.6 14.7 68.5 0
UK
3i Group PLC
LSE:III
40.2B GBP 7.8 8 8.2 8.2
P/E Multiple
Earnings Growth PEG
US
StepStone Group Inc
NASDAQ:STEP
Average P/E: 78
Negative Multiple: -38.5
N/A N/A
US
Blackstone Inc
NYSE:BX
72.2
54%
1.3
US
BlackRock Inc
NYSE:BLK
26.4
14%
1.9
US
KKR & Co Inc
NYSE:KKR
57.7
33%
1.7
CA
Brookfield Corp
NYSE:BN
241.3
167%
1.4
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
102
89%
1.1
CA
Brookfield Asset Management Inc
NYSE:BAM
102
89%
1.1
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
14.7
13%
1.1
UK
3i Group PLC
LSE:III
8
15%
0.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
StepStone Group Inc
NASDAQ:STEP
Average EV/EBITDA: 58.2
Negative Multiple: -32.3
N/A N/A
US
Blackstone Inc
NYSE:BX
30.7
20%
1.5
US
BlackRock Inc
NYSE:BLK
20.9
3%
7
US
KKR & Co Inc
NYSE:KKR
Negative Multiple: -923.6
124%
N/A
CA
Brookfield Corp
NYSE:BN
11.4
N/A N/A
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
133.9
236%
0.6
CA
Brookfield Asset Management Inc
NYSE:BAM
133.8
236%
0.6
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
68.5
N/A N/A
UK
3i Group PLC
LSE:III
8.2
20%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
StepStone Group Inc
NASDAQ:STEP
Average EV/EBIT: 57.9
Negative Multiple: -26.6
N/A N/A
US
Blackstone Inc
NYSE:BX
30.9
21%
1.5
US
BlackRock Inc
NYSE:BLK
22.6
4%
5.6
US
KKR & Co Inc
NYSE:KKR
Negative Multiple: -923.6
108%
N/A
CA
Brookfield Corp
NYSE:BN
16.9
-27%
N/A
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
134.5
235%
0.6
CA
Brookfield Asset Management Inc
NYSE:BAM
134.3
235%
0.6
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
UK
3i Group PLC
LSE:III
8.2
20%
0.4