StepStone Group Inc. (STEP) Stock

About StepStone Group Inc.

StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, 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, power, utilities consumer staples, financials, telecommunication services, clean energy/renewables, transport, social, natural capital, infrastructure, corporate, real estate, credit 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. 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. The firm seeks to make minority and majority investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, South Korea, Europe, Australia and Asia.

StepStone Group Inc. (STEP) stock trades at $44.72 with a market capitalization of $5.64B. The stock is valued at a price-to-earnings (P/E) ratio of -6.27, price-to-book of -8.27, price-to-sales of 2.69. Over the past 52 weeks the stock has ranged between $38.85 and $77.80, and currently trades 42.5% below its 52-week high. It pays a dividend yielding 5.84%.

On profitability, StepStone Group Inc. generates a return on equity (ROE) of 245.82% — well above the market average, a sign of a high-quality business, return on capital employed of -22.86%, an operating margin of -21.36%, a net profit margin of -26.88%.

Official website: www.stepstonegroup.com