StepStone Group Inc.

StepStone Group Inc.

STEPยทNASDAQ

$43.63

+3.2%
Financial ServicesAsset Management

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.

At a Glance

Live Snapshot
Market Cap$5.50B
EPS-6.8400
P/E Ratio-6.38
Earnings Date08/06/2026
StepStone Group Inc.

StepStone Group Inc. Fair Value Envelope

STEP ยท NASDAQ

Our analysis suggests that STEP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $43.63, this represents a potential HIDDEN relative to our calculated worth for StepStone Group Inc..

Intrinsic Value
Current Price: $43.63

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$55.6M
+ Cash & Equivalents$213.1M
Firm Value$268.6M
- Debt$0
Equity Value$268.6M
/ Shares Outstanding124,347,420B
DCF Value$2
OVERVALUED BY 95%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$32.5M
$16.2M
$8.1M
$4.1M
$2.0M
$1.0M
$507.3K
$253.6K
$126.8K
$63.4K
Maintenance CapEx
-$510.0K
-$255.0K
-$127.5K
-$63.8K
-$31.9K
-$15.9K
-$8.0K
-$4.0K
-$2.0K
-$996
Owner Earnings
$32.0M
$16.0M
$8.0M
$4.0M
$2.0M
$998.6K
$499.3K
$249.6K
$124.8K
$62.4K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$29.6M
$13.7M
$6.3M
$2.9M
$1.4M
$629.3K
$291.3K
$134.9K
$62.4K
$28.9K
Terminal Value represents 0.9% of Enterprise Value