Head to Head Analysis: StepStone Group (NASDAQ:STEP) vs. Cartesian Growth (NASDAQ:GLBL)

Cartesian Growth (NASDAQ:GLBLGet Rating) and StepStone Group (NASDAQ:STEPGet Rating) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, earnings, risk, profitability and valuation.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Cartesian Growth and StepStone Group, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cartesian Growth 0 0 0 0 N/A
StepStone Group 0 4 2 0 2.33

StepStone Group has a consensus target price of $36.42, indicating a potential upside of 22.74%. Given StepStone Group’s higher possible upside, analysts plainly believe StepStone Group is more favorable than Cartesian Growth.

Profitability

This table compares Cartesian Growth and StepStone Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Cartesian Growth N/A -70.50% 5.30%
StepStone Group 14.20% 10.05% 4.50%

Institutional and Insider Ownership

76.2% of Cartesian Growth shares are owned by institutional investors. Comparatively, 45.2% of StepStone Group shares are owned by institutional investors. 0.5% of Cartesian Growth shares are owned by company insiders. Comparatively, 20.0% of StepStone Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Cartesian Growth and StepStone Group’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Cartesian Growth N/A N/A -$1.03 million N/A N/A
StepStone Group $1.37 billion 2.36 $193.88 million $0.86 34.50

StepStone Group has higher revenue and earnings than Cartesian Growth.

Risk and Volatility

Cartesian Growth has a beta of -0.01, meaning that its stock price is 101% less volatile than the S&P 500. Comparatively, StepStone Group has a beta of 1.36, meaning that its stock price is 36% more volatile than the S&P 500.

Summary

StepStone Group beats Cartesian Growth on 8 of the 10 factors compared between the two stocks.

About Cartesian Growth

(Get Rating)

Cartesian Growth Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or engaging in any other similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

About StepStone Group

(Get Rating)

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.

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