JEF Stock Analysis: Jefferies Financial | NYSE
Capital Markets | NYSE, USA | Market Cap: 10.133m USD | 12M Return: -16% | US47233W1099 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 119M
EPS Trend: 82.4%
Qual. Beats: 0
Rev. Trend: 92.1%
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 New York-headquartered, mid-cap investment banking and capital markets firm operating across the Americas, Europe, the Middle East, and Asia-Pacific. The company runs two primary segments: Investment Banking and Capital Markets, and Asset Management, with the group classified under the GICS Multi-Sector Holdings sub-industry despite its focus on financial services. Originally founded in 1962 as Leucadia National Corporation, the firm rebranded to its current name in May 2018.
Service offerings span M&A and debt advisory, restructurings, private capital advisory, and underwriting/placement of corporate, municipal, mortgage-backed, asset-backed, and equity-linked securities, alongside loan syndication and corporate lending. Jefferies also operates a full-service equities franchise (research, sales, and trading), prime brokerage, securities financing, wealth management, and online foreign exchange trading. The firm is a recognized participant in fixed income markets, trading investment-grade distressed debt, U.S. and European government and agency securities, municipal bonds, leveraged loans, emerging markets debt, and credit index derivatives.
On the asset management side, Jefferies manages and services alternative asset management platforms across multiple strategies and asset classes, catering to public and private companies, sponsors, institutional investors, and government entities. The firm listed on the NYSE in 1987 and operates as a full-service, mid-tier investment bank competing with larger bulge-bracket peers as well as boutique advisory shops in a sector where deal flow, trading volumes, and asset management fees are closely tied to broader capital markets activity.
- M&A advisory and underwriting fees rebound with deal activity recovery
- Capital Markets trading revenue swings with rates and credit volatility
- Capital returns accelerate via buybacks and dividends amid strong earnings
| Net Income: 912.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 8.00 > 1.0 |
| NWC/Revenue: -160.0% < 20% (prev 250.5%; Δ -410.5% < -1%) |
| CFO/TA 0.05 > 3% & CFO 4.41b > Net Income 912.5m |
| Net Debt (23.4b) to EBITDA (1.34b): 17.49 < 3 |
| Current Ratio: 0.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (206.3m) vs 12m ago -7.35% < -2% |
| Gross Margin: 74.38% > 18% (prev 59.32%; Δ 15.06% > 0.5%) |
| Asset Turnover: 15.21% > 50% (prev 15.47%; Δ -0.27% > 0%) |
| Interest Coverage Ratio: 0.31 > 6 (EBIT TTM 1.15b / Interest Expense TTM 3.65b) |
| A: -0.23 (Total Current Assets 16.9m - Total Current Liabilities 18.3b) / Total Assets 81.3b |
| B: 0.11 (Retained Earnings 9.00b / Total Assets 81.3b) |
| C: 0.02 (EBIT TTM 1.15b / Avg Total Assets 75.3b) |
| D: 0.15 (Book Value of Equity 10.7b / Total Liabilities 70.5b) |
| Altman-Z'' = -0.86 = CCC |
As of October 15, 2026, the stock is trading at USD 43.91 with a total of 3,117,849 shares traded. Over the past week, the price has changed by -0.52%, over one month by -12.36%, over three months by -18.02% and over the past year by -15.95%.
Current recommended Stop Loss: 41.70 (which is 5% or 1.4 ATR below the current price).
Jefferies Financial has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold JEF.
- StrongBuy: 2
- Buy: 0
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 55.7 | 26.8% |
P/E Trailing = 11.7653
P/E Forward = 10.2564
P/S = 1.1901
P/B = 1.025
P/EG = 1.0268
Revenue TTM = 11.5b USD
EBIT TTM = 1.15b USD
EBITDA TTM = 1.34b USD
Long Term Debt = 21.4b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.47b USD (from shortTermDebt, last quarter)
Debt = 23.4b USD (corrected: LT Debt 21.4b + ST Debt 1.47b) + Leases 550.9m
Net Debt = 23.4b USD (calculated: Debt 23.4b - CCE 16.9m)
Enterprise Value = 33.5b USD (10.1b + Debt 23.4b - CCE 16.9m)
Interest Coverage Ratio = 0.31 (Ebit TTM 1.15b / Interest Expense TTM 3.65b)
EV/FCF = 7.99x (Enterprise Value 33.5b / FCF TTM 4.20b)
FCF Yield = 12.51% (FCF TTM 4.20b / Enterprise Value 33.5b)
FCF Margin = 36.63% (FCF TTM 4.20b / Revenue TTM 11.5b)
Net Margin = 7.97% (Net Income TTM 912.5m / Revenue TTM 11.5b)
Gross Margin = 74.38% ((Revenue TTM 11.5b - Cost of Revenue TTM 2.93b) / Revenue TTM)
Gross Margin QoQ = 91.26% (prev 91.20%)
Tobins Q-Ratio = 0.41 (Enterprise Value 33.5b / Total Assets 81.3b)
Interest Expense / Debt = 15.61% (Interest Expense 3.65b / Debt 23.4b)
Taxrate = 21.46% (243.0m / 1.13b)
NOPAT = 901.7m (EBIT 1.15b * (1 - 21.46%))
Current Ratio = 0.00 (Total Current Assets 16.9m / Total Current Liabilities 18.3b)
Debt / Equity = 2.19 (Debt 23.4b / totalStockholderEquity, last quarter 10.7b)
Debt / EBITDA = 17.49 (Net Debt 23.4b / EBITDA 1.34b)
Debt / FCF = 5.58 (Net Debt 23.4b / FCF TTM 4.20b)
Total Stockholder Equity = 10.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.21% (Net Income 912.5m / Total Assets 81.3b)
RoE = 8.59% (Net Income TTM 912.5m / Total Stockholder Equity 10.6b)
RoCE = 3.59% (EBIT 1.15b / Capital Employed (Equity 10.6b + L.T.Debt 21.4b))
RoIC = 1.11% (NOPAT 901.7m / Invested Capital 81.3b)
WACC = 12.14% (E(10.1b)/V(33.5b) * Re(11.86%) + D(23.4b)/V(33.5b) * Rd(15.61%) * (1-Tc(0.21)))
Discount Rate = 11.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -59.17 | Cagr: -3.99%
[DCF] Terminal Value 63.38% ; FCFF base≈4.20b ; Y1≈4.21b ; Y5≈4.46b
[DCF] Fair Price = 99.56 (EV 42.2b - Net Debt 23.4b = Equity 18.8b / Shares 189.1m; r=12.14% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 82.36 | EPS CAGR: 42.90% | SUE: 0.19 | # QB: 0
Revenue Correlation: 92.06 | Revenue CAGR: 15.63% | SUE: 0.02 | # QB: 0
EPS current Quarter (2027-02-28): EPS=0.78 | Chg30d=-23.95% | Revisions=-25% | Analysts=1
EPS current Year (2026-11-30): EPS=3.72 | Chg30d=+4.71% | Revisions=+17% | GrowthEPS=+23.7% | GrowthRev=+16.6%
EPS next Year (2027-11-30): EPS=4.52 | Chg30d=-0.45% | Revisions=-17% | GrowthEPS=+21.4% | GrowthRev=+6.9%
[Analyst] Revisions Ratio: -10% (up=3, down=4)