STP 1.19% $1.70 step one clothing limited

Ann: Step One Clothing FY22 Trading Update, page-24

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  1. 3,532 Posts.
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    What a hilariously undercooked analysis.

    Market cap at this share price level is around $40 million. They have $27 million in cash and no debt. They also have a year’s worth of inventory worth something like $15 million or $20 million. Back all of that out and you get a negative EV. But you reckon it’s overvalued. Good for you.
 
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