JEF Stock Analysis: Jefferies Financial | NYSE
Capital Markets | NYSE, USA | Market Cap: 9.462m USD | 12M Return: -28% | US47233W1099 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 108M
EPS Trend: 82.4%
Qual. Beats: 0
Rev. Trend: 94.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Jefferies Financial Group Inc. (JEF) is a U.S.-headquartered investment banking and capital markets firm founded in 1962 and based in New York. It operates across the Americas, Europe, the Middle East, and Asia-Pacific through two reporting segments: Investment Banking and Capital Markets, and Asset Management. The company was previously known as Leucadia National Corporation before adopting its current name in May 2018.
Service offerings span M&A and restructuring advisory, debt and equity underwriting, loan syndication, prime brokerage, securities lending, equities sales and trading, wealth management, and online foreign exchange trading. On the asset management side, Jefferies manages alternative investment platforms across multiple strategies and asset classes, and trades products ranging from investment-grade and distressed debt to government securities, municipal bonds, leveraged loans, emerging markets debt, and credit/interest rate derivatives.
Customers include public and private companies, financial sponsors, institutional investors, and government entities. Notably, JEF is classified by GICS as a Multi-Sector Holdings company rather than a pure investment bank, reflecting its origins as a diversified holding company (Leucadia) and its broader portfolio of financial services and alternative asset management businesses beyond traditional advisory and trading revenue.
- Investment banking fees driven by M&A and debt underwriting volumes
- Fixed income trading revenue swings with credit spreads and rates volatility
- Asset management AUM pressured by equity market corrections and fund performance
| Net Income: 906.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 21.89 > 0.02 and ΔFCF/TA 2.19k > 1.0 |
| NWC/Revenue: -142.5% < 20% (prev 250.5%; Δ -393.0% < -1%) |
| CFO/TA 24.68 > 3% & CFO 2.01b > Net Income 906.2m |
| Net Debt (24.3b) to EBITDA (2.35b): 10.33 < 3 |
| Current Ratio: 0.00 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (222.7m) vs prev -0.42% < -2% |
| Gross Margin: 67.54% > 18% (prev 59.32%; Δ 8.23% > 0.5%) |
| Asset Turnover: 35.91% > 50% (prev 15.47%; Δ 20.44% > 0%) |
| Interest Coverage Ratio: 0.59 > 6 (EBIT TTM 2.15b / Interest Expense TTM 3.65b) |
| A: -218.5 (Total Current Assets 16.9m - Total Current Liabilities 17.8b) / Total Assets 81.3m |
| B: 105.5 (Retained Earnings 8.57b / Total Assets 81.3m) |
| C: 0.06 (EBIT TTM 2.15b / Avg Total Assets 34.7b) |
| D: 0.15 (Book Value of Equity 10.7m / Total Liabilities 70.5m) |
| Altman-Z'' = -1.09k = D |
As of October 01, 2026, the stock is trading at USD 45.73 with a total of 2,545,315 shares traded. Over the past week, the price has changed by -2.66%, over one month by -13.13%, over three months by -7.83% and over the past year by -27.99%.
Current recommended Stop Loss: 43.20 (which is 5.5% or 1.4 ATR below the current price).
Jefferies Financial has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold JEF.
- StrongBuy: 0
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 56.7 | 23.9% |
P/E Trailing = 12.7802
P/E Forward = 10.2564
P/S = 1.1113
P/B = 1.025
P/EG = 1.0268
Revenue TTM = 12.5b USD
EBIT TTM = 2.15b USD
EBITDA TTM = 2.35b USD
Long Term Debt = 21.4b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.77b USD (from shortTermDebt, last fiscal year)
Debt = 24.3b USD (from shortLongTermDebtTotal, last fiscal year) + Leases 550.9m
Net Debt = 24.3b USD (calculated: Debt 24.3b - CCE 16.9m)
Enterprise Value = 33.8b USD (9.46b + Debt 24.3b - CCE 16.9m)
Interest Coverage Ratio = 0.59 (Ebit TTM 2.15b / Interest Expense TTM 3.65b)
EV/FCF = 18.97x (Enterprise Value 33.8b / FCF TTM 1.78b)
FCF Yield = 5.27% (FCF TTM 1.78b / Enterprise Value 33.8b)
FCF Margin = 14.28% (FCF TTM 1.78b / Revenue TTM 12.5b)
Net Margin = 7.27% (Net Income TTM 906.2m / Revenue TTM 12.5b)
Gross Margin = 67.54% ((Revenue TTM 12.5b - Cost of Revenue TTM 4.04b) / Revenue TTM)
Gross Margin QoQ = 59.63% (prev 91.20%)
Tobins Q-Ratio = 415.3 (set to none) (Enterprise Value 33.8b / Total Assets 81.3m)
Interest Expense / Debt = 15.03% (Interest Expense 3.65b / Debt 24.3b)
Taxrate = 21.46% (243.0m / 1.13b)
NOPAT = 1.69b (EBIT 2.15b * (1 - 21.46%))
Current Ratio = 0.00 (Total Current Assets 16.9m / Total Current Liabilities 17.8b)
Debt / Equity = 2.27k (out of range, set to none) (Debt 24.3b / totalStockholderEquity, last quarter 10.7m)
Debt / EBITDA = 10.33 (Net Debt 24.3b / EBITDA 2.35b)
Debt / FCF = 13.65 (Net Debt 24.3b / FCF TTM 1.78b)
Total Stockholder Equity = 7.95b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.61% (Net Income 906.2m / Total Assets 81.3m)
RoE = 11.40% (Net Income TTM 906.2m / Total Stockholder Equity 7.95b)
RoCE = 7.34% (EBIT 2.15b / Capital Employed (Equity 7.95b + L.T.Debt 21.4b))
RoIC = -10.61% (NOPAT 1.69b / Invested Capital -15.9b)
WACC = 11.86% (E(9.46b)/V(33.8b) * Re(12.01%) + D(24.3b)/V(33.8b) * Rd(15.03%) * (1-Tc(0.21)))
Discount Rate = 12.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -57.87 | Cagr: -0.51%
[DCF] Terminal Value 64.17% ; FCFF base≈1.78b ; Y1≈1.79b ; Y5≈1.89b
[DCF] Fair Price = N/A (negative equity: EV 18.4b - Net Debt 24.3b = -5.86b; debt exceeds intrinsic value)
EPS Correlation: 82.36 | EPS CAGR: 42.90% | SUE: 0.19 | # QB: 0
Revenue Correlation: 94.51 | Revenue CAGR: 17.14% | SUE: 0.84 | # QB: 0
EPS current Quarter (2027-02-28): EPS=0.78 | Chg30d=-23.95% | Revisions=-40% | Analysts=1
EPS current Year (2026-11-30): EPS=3.77 | Chg30d=+5.98% | Revisions=+29% | GrowthEPS=+23.7% | GrowthRev=+16.8%
EPS next Year (2027-11-30): EPS=4.54 | Chg30d=-0.07% | Revisions=-17% | GrowthEPS=+20.4% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: -8% (up=4, down=5)