Jefferies Financial Group
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
14.1811.54
Price/Sales ratio
1.891.76
Earnings per Share (EPS)
$4.20$5.16

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
35.7820.4159.3950.7937.846.438.005.6511.4329.6828.9928.99
Price/Sales ratio
0.600.490.700.701.881.591.031.151.251.101.661.66
Price/Book Value ratio
0.710.550.750.850.120.630.650.880.860.841.680.12
Price/Cash Flow ratio
-7.55-7.6012.688.13-72.58-7.492.986.014.97-4.26-21.09-72.58
Price/Free Cash Flow ratio
-4.70-5.4726.609.91-14.71-5.853.266.725.68-4.26-17.94-5.85
Price/Earnings Growth ratio
-0.720.55-1.091.562.430.01-0.630.04-0.22-0.46-0.560.01
Dividend Yield
1.24%1.59%1.18%1.34%2.52%2.41%2.59%2.35%3.11%3.37%1.64%2.41%
Profitability Indicator Ratios
Gross Profit Margin
10.44%10.54%11.08%17.04%39.51%36.94%39.59%46.23%36.38%54.11%83.38%39.51%
Operating Profit Margin
2.34%2.55%1.90%9.13%11.88%7.07%19.00%28.69%20.17%21.70%41.86%11.88%
Pretax Profit Margin
3.09%3.05%2.90%8.17%12.86%12.29%17.75%27.53%14.76%4.76%8.07%12.29%
Net Profit Margin
1.68%2.42%1.19%1.38%4.98%24.78%12.89%20.45%10.98%3.73%5.97%4.98%
Effective Tax Rate
43.53%30.83%38.58%75.05%61.18%-101.11%27.98%25.58%25.94%25.93%28.41%28.41%
Return on Assets
0.39%0.61%0.28%0.36%1.63%1.95%1.45%2.77%1.53%0.47%0.92%1.95%
Return On Equity
1.99%2.69%1.26%1.67%0.33%9.94%8.13%15.67%7.58%2.85%5.91%0.33%
Return on Capital Employed
1.28%1.34%0.93%5.04%-2.09%1.21%3.39%6.16%3.45%3.54%8.13%-2.09%
Liquidity Ratios
Current Ratio
1.711.891.521.710.011.611.45N/AN/AN/A0.900.01
Quick Ratio
1.141.171.150.380.180.370.900.173.042.800.900.18
Cash ratio
0.140.150.160.210.210.280.460.481.040.680.800.21
Days of Sales Outstanding
167.11119.67219.84159.41N/A693.53503.71278.29255.97231.24N/A693.53
Days of Inventory outstanding
13.9710.0611.69714.1246.763.36K28.931.44KN/AN/AN/A3.36K
Operating Cycle
181.08129.73231.54873.5346.764.06K532.651.72K255.97231.24N/A4.06K
Days of Payables Outstanding
347.47248.20278.32254.1813.641.21K1.04K697.79498.17822.991.87K13.64
Cash Conversion Cycle
-166.39-118.46-46.78619.3533.122.84K-511.611.02K-242.20-591.75-1.87K2.84K
Debt Ratios
Debt Ratio
0.410.440.380.420.910.360.370.180.210.260.230.36
Debt Equity Ratio
2.091.961.701.930.181.842.081.061.081.601.450.18
Long-term Debt to Capitalization
0.510.490.490.510.150.500.530.510.500.590.560.15
Total Debt to Capitalization
0.670.660.630.650.150.640.670.510.510.610.590.15
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.22N/A
Cash Flow to Debt Ratio
-0.04-0.030.030.05-0.00-0.040.100.130.16-0.12-0.05-0.04
Company Equity Multiplier
5.044.404.394.610.205.095.575.654.925.966.290.20
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.08-0.060.050.08-0.02-0.210.340.190.25-0.25-0.08-0.21
Free Cash Flow / Operating Cash Flow Ratio
1.601.380.470.814.931.280.910.890.871.001.121.28
Cash Flow Coverage Ratio
-0.04-0.030.030.05-0.00-0.040.100.130.16-0.12-0.05-0.04
Short Term Coverage Ratio
-0.09-0.070.080.11N/A-0.100.227.093.41-1.95-0.46-0.10
Dividend Payout Ratio
44.66%32.62%70.22%68.36%95.58%15.51%20.76%13.30%35.66%100.32%49.96%49.96%