We’ve recently updated our valuation analysis.

Jefferies Financial Group Valuation

Is JEF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

[object Object] Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JEF?

Other financial metrics that can be useful for relative valuation.

JEF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio1.8x

Price to Earnings Ratio vs Peers

How does JEF's PE Ratio compare to its peers?

The above table shows the PE ratio for JEF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.9x
SF Stifel Financial
9.2x4.9%US$6.5b
HLI Houlihan Lokey
18.1x12.2%US$6.7b
XP XP
13.5x13.6%US$9.8b
EVR Evercore
6.9x-1.8%US$4.9b
JEF Jefferies Financial Group
8.6x4.8%US$8.3b

Price-To-Earnings vs Peers: JEF is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (11.9x).


Price to Earnings Ratio vs Industry

How does JEF's PE Ratio compare vs other companies in the US Capital Markets Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.5%
n/an/an/a

Price-To-Earnings vs Industry: JEF is good value based on its Price-To-Earnings Ratio (8.6x) compared to the US Capital Markets industry average (27.2x)


Price to Earnings Ratio vs Fair Ratio

What is JEF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JEF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ratio10.6x

Price-To-Earnings vs Fair Ratio: JEF is good value based on its Price-To-Earnings Ratio (8.6x) compared to the estimated Fair Price-To-Earnings Ratio (10.6x).


Share Price vs Fair Value

What is the Fair Price of JEF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: JEF ($36.09) is trading below our estimate of fair value ($41.96)

Significantly Below Fair Value: JEF is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JEF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$36.09
US$37.25
+3.2%
17.1%US$46.00US$28.00n/a4
Nov ’23US$33.97
US$37.25
+9.7%
17.1%US$46.00US$28.00n/a4
Oct ’23US$29.50
US$37.75
+28.0%
17.8%US$47.00US$28.00n/a4
Sep ’23US$31.87
US$35.50
+11.4%
20.9%US$47.00US$28.00n/a4
Aug ’23US$32.64
US$34.25
+4.9%
20.5%US$46.00US$28.00n/a4
Jul ’23US$27.93
US$34.75
+24.4%
14.3%US$43.00US$30.00n/a4
Jun ’23US$31.96
US$40.00
+25.2%
14.7%US$50.00US$35.00n/a4
May ’23US$30.76
US$40.25
+30.9%
14.4%US$50.00US$35.00n/a4
Apr ’23US$33.29
US$41.00
+23.2%
14.1%US$50.00US$35.00n/a4
Mar ’23US$33.91
US$45.00
+32.7%
9.8%US$52.00US$40.00n/a4
Feb ’23US$36.87
US$45.25
+22.7%
9.8%US$52.00US$40.00n/a4
Jan ’23US$38.80
US$47.00
+21.1%
11.2%US$53.00US$40.00n/a4
Dec ’22US$37.53
US$50.33
+34.1%
6.6%US$54.00US$46.00US$38.023
Nov ’22US$43.16
US$50.00
+15.8%
6.5%US$54.00US$46.00US$33.973
Oct ’22US$37.91
US$43.33
+14.3%
4.7%US$46.00US$41.00US$29.503
Sep ’22US$36.61
US$39.50
+7.9%
1.3%US$40.00US$39.00US$31.872
Aug ’22US$33.19
US$39.50
+19.0%
1.3%US$40.00US$39.00US$32.642
Jul ’22US$33.84
US$39.50
+16.7%
1.3%US$40.00US$39.00US$27.932
Jun ’22US$32.29
US$38.00
+17.7%
2.6%US$39.00US$37.00US$31.962
May ’22US$32.51
US$38.00
+16.9%
2.6%US$39.00US$37.00US$30.762
Apr ’22US$30.39
US$38.00
+25.0%
2.6%US$39.00US$37.00US$33.292
Mar ’22US$30.00
US$31.50
+5.0%
7.9%US$34.00US$29.00US$33.912
Feb ’22US$24.08
US$30.50
+26.7%
4.9%US$32.00US$29.00US$36.872
Jan ’22US$24.60
US$25.75
+4.7%
1.0%US$26.00US$25.50US$38.802
Dec ’21US$23.31
US$25.75
+10.5%
1.0%US$26.00US$25.50US$37.532

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies