Step Energy Services Stock Performance
| STEP Stock | CAD 4.41 0.24 5.16% |
The entity has a beta of 0.0531, which indicates not very significant fluctuations relative to the market. As returns on the market increase, STEP Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding STEP Energy is expected to be smaller as well. At this point, STEP Energy Services has a negative expected return of -0.2%. Please make sure to validate STEP Energy's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if STEP Energy Services performance from the past will be repeated at future time.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days STEP Energy Services has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
1 | ARC FINANCIAL CORP. PROVIDES UPDATE ON TAKE PRIVATE TRANSACTION OF STEP ENERGY SERVICES LTD. - Canada NewsWire | 12/13/2024 |
2 | STEP Energy Services Initiates Share Buyback Program to Enhance Shareholder Value - TipRanks | 01/06/2025 |
| Begin Period Cash Flow | 2.8 M |
STEP |
STEP Energy Relative Risk vs. Return Landscape
If you would invest 508.00 in STEP Energy Services on December 4, 2024 and sell it today you would lose (67.00) from holding STEP Energy Services or give up 13.19% of portfolio value over 90 days. STEP Energy Services is generating negative expected returns and assumes 2.762% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than STEP, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
STEP Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for STEP Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as STEP Energy Services, and traders can use it to determine the average amount a STEP Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0709
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STEP |
Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STEP Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of STEP Energy by adding STEP Energy to a well-diversified portfolio.
STEP Energy Fundamentals Growth
STEP Stock prices reflect investors' perceptions of the future prospects and financial health of STEP Energy, and STEP Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on STEP Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0784 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 421.27 M | ||||
| Shares Outstanding | 71.84 M | ||||
| Price To Earning | 3.51 X | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 0.32 X | ||||
| Revenue | 945.72 M | ||||
| Gross Profit | 125.1 M | ||||
| EBITDA | 163.31 M | ||||
| Net Income | 50.42 M | ||||
| Cash And Equivalents | 2.79 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 113.63 M | ||||
| Debt To Equity | 60.20 % | ||||
| Current Ratio | 1.77 X | ||||
| Book Value Per Share | 5.61 X | ||||
| Cash Flow From Operations | 171.61 M | ||||
| Earnings Per Share | 0.55 X | ||||
| Market Capitalization | 316.81 M | ||||
| Total Asset | 606.52 M | ||||
| Retained Earnings | (146.33 M) | ||||
| Working Capital | 42.1 M | ||||
About STEP Energy Performance
By examining STEP Energy's fundamental ratios, stakeholders can obtain critical insights into STEP Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that STEP Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 18.82 | 16.36 | |
| Return On Tangible Assets | 0.10 | 0.10 | |
| Return On Capital Employed | 0.14 | 0.15 | |
| Return On Assets | 0.10 | 0.10 | |
| Return On Equity | 0.16 | 0.17 |
Things to note about STEP Energy Services performance evaluation
Checking the ongoing alerts about STEP Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for STEP Energy Services help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| STEP Energy Services generated a negative expected return over the last 90 days | |
| STEP Energy Services is unlikely to experience financial distress in the next 2 years | |
| The company has C$113.63 Million in debt which may indicate that it relies heavily on debt financing | |
| About 72.0% of the company shares are owned by institutional investors |
- Analyzing STEP Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether STEP Energy's stock is overvalued or undervalued compared to its peers.
- Examining STEP Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating STEP Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of STEP Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of STEP Energy's stock. These opinions can provide insight into STEP Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in STEP Stock
STEP Energy financial ratios help investors to determine whether STEP Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in STEP with respect to the benefits of owning STEP Energy security.