BGC GROUP INC-A (BGC) Stock Fundamental Analysis
USA - NASDAQ:BGC - US0889291045 - Common Stock
9.75 USD
-0.1 (-1.02%)
9.75 USD
0 (0%)
Taking everything into account, BGC scores 4 out of 10 in our fundamental rating. BGC was compared to 237 industry peers in the Capital Markets industry. The financial health of BGC is average, but there are quite some concerns on its profitability. BGC may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
BGC had positive earnings in the past year.
In the past year BGC had a positive cash flow from operations.
BGC had positive earnings in 4 of the past 5 years.
BGC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of BGC (1.07%) is worse than 64.13% of its industry peers.
BGC has a worse Return On Equity (3.85%) than 66.67% of its industry peers.
BGC's Return On Invested Capital of 3.73% is in line compared to the rest of the industry. BGC outperforms 48.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 3.85% | ||
| ROIC | 3.73% |
ROA(3y)2.12%
ROA(5y)1.73%
ROE(3y)10.38%
ROE(5y)8.7%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BGC has a worse Profit Margin (1.68%) than 70.89% of its industry peers.
BGC's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 6.02%, BGC is not doing good in the industry: 70.46% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of BGC has declined.
BGC's Gross Margin of 98.39% is amongst the best of the industry. BGC outperforms 97.89% of its industry peers.
In the last couple of years the Gross Margin of BGC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.02% | ||
| PM (TTM) | 1.68% | ||
| GM | 98.39% |
OM growth 3Y-6.37%
OM growth 5Y-5.83%
PM growth 3Y-8.43%
PM growth 5Y-30.58%
GM growth 3Y-0.16%
GM growth 5Y-0.12%
2. Health
2.1 Basic Checks
There is no outstanding debt for BGC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 1.58, we must say that BGC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BGC (1.58) is better than 65.82% of its industry peers.
BGC has a debt to FCF ratio of 3.45. This is a good value and a sign of high solvency as BGC would need 3.45 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.45, BGC is doing good in the industry, outperforming 75.95% of the companies in the same industry.
A Debt/Equity ratio of 1.34 is on the high side and indicates that BGC has dependencies on debt financing.
The Debt to Equity ratio of BGC (1.34) is worse than 65.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.45 | ||
| Altman-Z | 1.58 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BGC has a Current Ratio of 1.21. This is a normal value and indicates that BGC is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.21, BGC perfoms like the industry average, outperforming 54.85% of the companies in the same industry.
BGC has a Quick Ratio of 1.21. This is a normal value and indicates that BGC is financially healthy and should not expect problems in meeting its short term obligations.
BGC's Quick ratio of 1.21 is in line compared to the rest of the industry. BGC outperforms 55.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.14% over the past year.
The Earnings Per Share has been growing by 9.81% on average over the past years. This is quite good.
EPS 1Y (TTM)26.14%
EPS 3Y15.06%
EPS 5Y9.81%
EPS Q2Q%34.78%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%42.34%
3.2 Future
The Earnings Per Share is expected to grow by 18.44% on average over the next years. This is quite good.
BGC is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 26.71% yearly.
EPS Next Y20.38%
EPS Next 2Y18.44%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year44.48%
Revenue Next 2Y26.71%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.78, the valuation of BGC can be described as very reasonable.
79.32% of the companies in the same industry are more expensive than BGC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BGC to the average of the S&P500 Index (27.38), we can say BGC is valued rather cheaply.
A Price/Forward Earnings ratio of 7.02 indicates a rather cheap valuation of BGC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BGC indicates a rather cheap valuation: BGC is cheaper than 91.56% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of BGC to the average of the S&P500 Index (22.86), we can say BGC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.78 | ||
| Fwd PE | 7.02 |
4.2 Price Multiples
67.09% of the companies in the same industry are more expensive than BGC, based on the Enterprise Value to EBITDA ratio.
BGC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BGC is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.41 | ||
| EV/EBITDA | 25.72 |
4.3 Compensation for Growth
BGC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BGC's earnings are expected to grow with 18.44% in the coming years.
PEG (NY)0.43
PEG (5Y)0.9
EPS Next 2Y18.44%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BGC has a yearly dividend return of 0.78%, which is pretty low.
Compared to an average industry Dividend Yield of 7.96, BGC is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.38, BGC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
5.2 History
The dividend of BGC decreases each year by -34.04%.
BGC has been paying a dividend for at least 10 years, so it has a reliable track record.
BGC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-34.04%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
BGC pays out 51.02% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP51.02%
EPS Next 2Y18.44%
EPS Next 3YN/A
9.75
-0.1 (-1.02%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners82.45%
Inst Owner Change3.13%
Ins Owners0.91%
Ins Owner Change-5.07%
Market Cap4.62B
Analysts83.33
Price Target14.79 (51.69%)
Short Float %2.61%
Short Ratio3.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
Yearly Dividend0.07
Dividend Growth(5Y)-34.04%
DP51.02%
Div Incr Years1
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.24%
Min EPS beat(2)3.96%
Max EPS beat(2)4.51%
EPS beat(4)3
Avg EPS beat(4)2.93%
Min EPS beat(4)-0.99%
Max EPS beat(4)4.51%
EPS beat(8)6
Avg EPS beat(8)2.65%
EPS beat(12)8
Avg EPS beat(12)1.18%
EPS beat(16)10
Avg EPS beat(16)1.32%
Revenue beat(2)1
Avg Revenue beat(2)-3.22%
Min Revenue beat(2)-7.74%
Max Revenue beat(2)1.3%
Revenue beat(4)2
Avg Revenue beat(4)-1.28%
Min Revenue beat(4)-7.74%
Max Revenue beat(4)2.78%
Revenue beat(8)4
Avg Revenue beat(8)-0.81%
Revenue beat(12)5
Avg Revenue beat(12)-1.55%
Revenue beat(16)7
Avg Revenue beat(16)-1.18%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.78 | ||
| Fwd PE | 7.02 | ||
| P/S | 2.28 | ||
| P/FCF | 13.41 | ||
| P/OCF | 11.41 | ||
| P/B | 5.23 | ||
| P/tB | 27.62 | ||
| EV/EBITDA | 25.72 |
EPS(TTM)1.11
EY11.38%
EPS(NY)1.39
Fwd EY14.24%
FCF(TTM)0.73
FCFY7.46%
OCF(TTM)0.85
OCFY8.76%
SpS4.27
BVpS1.87
TBVpS0.35
PEG (NY)0.43
PEG (5Y)0.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 3.85% | ||
| ROCE | 5.84% | ||
| ROIC | 3.73% | ||
| ROICexc | 5.44% | ||
| ROICexgc | N/A | ||
| OM | 6.02% | ||
| PM (TTM) | 1.68% | ||
| GM | 98.39% | ||
| FCFM | 17.03% |
ROA(3y)2.12%
ROA(5y)1.73%
ROE(3y)10.38%
ROE(5y)8.7%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-7.98%
ROICexc growth 3Y-4.08%
ROICexc growth 5Y-5.99%
OM growth 3Y-6.37%
OM growth 5Y-5.83%
PM growth 3Y-8.43%
PM growth 5Y-30.58%
GM growth 3Y-0.16%
GM growth 5Y-0.12%
F-Score6
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 3.45 | ||
| Debt/EBITDA | 5.87 | ||
| Cap/Depr | 75.07% | ||
| Cap/Sales | 2.98% | ||
| Interest Coverage | 1.51 | ||
| Cash Conversion | 200.28% | ||
| Profit Quality | 1012.12% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 1.58 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)73.09%
Cap/Depr(5y)88.07%
Cap/Sales(3y)2.98%
Cap/Sales(5y)3.56%
Profit Quality(3y)548.09%
Profit Quality(5y)489.9%
High Growth Momentum
Growth
EPS 1Y (TTM)26.14%
EPS 3Y15.06%
EPS 5Y9.81%
EPS Q2Q%34.78%
EPS Next Y20.38%
EPS Next 2Y18.44%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%42.34%
Revenue Next Year44.48%
Revenue Next 2Y26.71%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-20.64%
EBIT growth 3Y-6.85%
EBIT growth 5Y-5%
EBIT Next Year21.28%
EBIT Next 3Y27.26%
EBIT Next 5YN/A
FCF growth 1Y109%
FCF growth 3Y16.97%
FCF growth 5YN/A
OCF growth 1Y80.6%
OCF growth 3Y10.22%
OCF growth 5YN/A