JEF Stock Analysis: Jefferies Financial | NYSE
Capital Markets | NYSE, USA | Market Cap: 11.201m USD | 12M Return: 2.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 122M
EPS Trend: 84.8%
Qual. Beats: 0
Rev. Trend: 94.7%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 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: 898.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 6.37 > 1.0 |
| NWC/Revenue: -33.13% < 20% (prev 258.0%; Δ -291.2% < -1%) |
| CFO/TA 0.03 > 3% & CFO 2.01b > Net Income 898.2m |
| Net Debt (23.2b) to EBITDA (1.34b): 17.33 < 3 |
| Current Ratio: 0.78 > 1.5 & < 3 |
| Outstanding Shares: last quarter (222.7m) vs 12m ago 0.37% < -2% |
| Gross Margin: 67.92% > 18% (prev 59.31%; Δ 8.60% > 0.5%) |
| Asset Turnover: 16.53% > 50% (prev 15.48%; Δ 1.06% > 0%) |
| Interest Coverage Ratio: 0.32 > 6 (EBIT TTM 1.13b / Interest Expense TTM 3.51b) |
| A: -0.05 (Total Current Assets 14.3b - Total Current Liabilities 18.3b) / Total Assets 79.5b |
| B: 0.11 (Retained Earnings 8.80b / Total Assets 79.5b) |
| C: 0.02 (EBIT TTM 1.13b / Avg Total Assets 73.4b) |
| D: 0.15 (Book Value of Equity 10.6b / Total Liabilities 68.9b) |
| Altman-Z'' = 0.29 = B |
| DSRI: 1.10 (Receivables 9.86b/7.66b, Revenue 12.1b/10.4b) |
| GMI: 0.87 (GM 59.31% / 67.92%) |
| AQI: 2.01 (AQ_t 0.81 / AQ_t-1 0.40) |
| SGI: 1.17 (Revenue 12.1b / 10.4b) |
| TATA: -0.01 (NI 898.2m - CFO 2.01b) / TA 79.5b) |
| Beneish M = -2.34 (Cap -4..+1) = BBB |
As of July 23, 2026, the stock is trading at USD 55.96 with a total of 1,252,412 shares traded. Over the past week, the price has changed by -2.05%, over one month by -10.91%, over three months by +19.96% and over the past year by +2.56%.
Current recommended Stop Loss: 52.80 (which is 5.6% 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 | 61.3 | 9.6% |
P/E Trailing = 15.3827
P/E Forward = 15.5039
P/S = 2.0732
P/B = 1.2175
P/EG = 1.5516
Revenue TTM = 12.1b USD
EBIT TTM = 1.13b USD
EBITDA TTM = 1.34b USD
Long Term Debt = 24.3b USD (from longTermDebt, last quarter)
Short Term Debt = 18.3b USD (from shortTermDebt, last quarter)
Debt = 37.5b USD (from shortLongTermDebtTotal, last quarter) + Leases 550.9m
Net Debt = 23.2b USD (calculated: Debt 37.5b - CCE 14.3b)
Enterprise Value = 34.4b USD (11.2b + Debt 37.5b - CCE 14.3b)
Interest Coverage Ratio = 0.32 (Ebit TTM 1.13b / Interest Expense TTM 3.51b)
EV/FCF = 19.32x (Enterprise Value 34.4b / FCF TTM 1.78b)
FCF Yield = 5.18% (FCF TTM 1.78b / Enterprise Value 34.4b)
FCF Margin = 14.66% (FCF TTM 1.78b / Revenue TTM 12.1b)
Net Margin = 7.40% (Net Income TTM 898.2m / Revenue TTM 12.1b)
Gross Margin = 67.92% ((Revenue TTM 12.1b - Cost of Revenue TTM 3.89b) / Revenue TTM)
Gross Margin QoQ = 91.20% (prev 56.50%)
Tobins Q-Ratio = 0.43 (Enterprise Value 34.4b / Total Assets 79.5b)
Interest Expense / Debt = 9.35% (Interest Expense 3.51b / Debt 37.5b)
Taxrate = 22.04% (245.3m / 1.11b)
NOPAT = 880.1m (EBIT 1.13b * (1 - 22.04%))
Current Ratio = 0.78 (Total Current Assets 14.3b / Total Current Liabilities 18.3b)
Debt / Equity = 3.53 (Debt 37.5b / totalStockholderEquity, last quarter 10.6b)
Debt / EBITDA = 17.33 (Net Debt 23.2b / EBITDA 1.34b)
Debt / FCF = 13.02 (Net Debt 23.2b / FCF TTM 1.78b)
Total Stockholder Equity = 10.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.22% (Net Income 898.2m / Total Assets 79.5b)
RoE = 8.51% (Net Income TTM 898.2m / Total Stockholder Equity 10.6b)
RoCE = 3.24% (EBIT 1.13b / Capital Employed (Equity 10.6b + L.T.Debt 24.3b))
RoIC = 1.11% (NOPAT 880.1m / Invested Capital 78.9b)
WACC = 8.40% (E(11.2b)/V(48.7b) * Re(12.09%) + D(37.5b)/V(48.7b) * Rd(9.35%) * (1-Tc(0.22)))
Discount Rate = 12.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -57.87 | Cagr: -0.51%
[DCF] Terminal Value 75.28% ; FCFF base≈1.78b ; Y1≈1.79b ; Y5≈1.89b
[DCF] Fair Price = 31.09 (EV 29.2b - Net Debt 23.2b = Equity 6.04b / Shares 194.1m; r=8.40% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 84.76 | EPS CAGR: 47.01% | SUE: -0.23 | # QB: 0
Revenue Correlation: 94.68 | Revenue CAGR: 18.94% | SUE: 0.89 | # QB: 1
EPS current Quarter (2026-08-31): EPS=0.87 | Chg30d=-8.65% | Revisions=-50% | Analysts=3
EPS current Year (2026-11-30): EPS=3.56 | Chg30d=-2.43% | Revisions=+29% | GrowthEPS=+23.7% | GrowthRev=+16.1%
EPS next Year (2027-11-30): EPS=4.54 | Chg30d=-2.43% | Revisions=-17% | GrowthEPS=+27.7% | GrowthRev=+8.0%
[Analyst] Revisions Ratio: -15% (up=4, down=6)