Loading...

We've got a brand new version of Simply Wall St! Try it out

Jefferies Financial Group

DB:LN3
Snowflake Description

Mediocre balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LN3
DB
$5B
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Jefferies Financial Group Inc., a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. The last earnings update was 257 days ago. More info.


Add to Portfolio Compare Print
LN3 Share Price and Events
7 Day Returns
-3.1%
DB:LN3
5%
DE Diversified Financial
2.8%
DE Market
1 Year Returns
-13%
DB:LN3
1.4%
DE Diversified Financial
3%
DE Market
LN3 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jefferies Financial Group (LN3) -3.1% -14.5% -16% -13% -7% -8.8%
DE Diversified Financial 5% 7.8% -5% 1.4% 75.8% 333.7%
DE Market 2.8% 0.2% 1.3% 3% 8% 23.6%
1 Year Return vs Industry and Market
  • LN3 underperformed the Diversified Financial industry which returned 1.4% over the past year.
  • LN3 underperformed the Market in Germany which returned 3% over the past year.
Price Volatility
LN3
Industry
5yr Volatility vs Market

LN3 Value

 Is Jefferies Financial Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Jefferies Financial Group. This is due to cash flow or dividend data being unavailable. The share price is €15.8.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Jefferies Financial Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jefferies Financial Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:LN3 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in USD $0.76
NYSE:JEF Share Price ** NYSE (2019-10-11) in USD $18.07
Germany Diversified Financial Industry PE Ratio Median Figure of 6 Publicly-Listed Diversified Financial Companies 27.82x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Jefferies Financial Group.

DB:LN3 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:JEF Share Price ÷ EPS (both in USD)

= 18.07 ÷ 0.76

23.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jefferies Financial Group is good value based on earnings compared to the DE Diversified Financial industry average.
  • Jefferies Financial Group is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Jefferies Financial Group's expected growth come at a high price?
Raw Data
DB:LN3 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-8.8%per year
Europe Diversified Financial Industry PEG Ratio Median Figure of 13 Publicly-Listed Diversified Financial Companies 1.81x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

DB:LN3 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.65x ÷ -8.8%

-2.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jefferies Financial Group earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jefferies Financial Group's assets?
Raw Data
DB:LN3 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in USD $32.72
NYSE:JEF Share Price * NYSE (2019-10-11) in USD $18.07
Germany Diversified Financial Industry PB Ratio Median Figure of 9 Publicly-Listed Diversified Financial Companies 3.77x
Germany Market PB Ratio Median Figure of 598 Publicly-Listed Companies 1.74x
DB:LN3 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:JEF Share Price ÷ Book Value per Share (both in USD)

= 18.07 ÷ 32.72

0.55x

* Primary Listing of Jefferies Financial Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Jefferies Financial Group is good value based on assets compared to the DE Diversified Financial industry average.
X
Value checks
We assess Jefferies Financial Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Diversified Financial industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Diversified Financial industry average (and greater than 0)? (1 check)
  5. Jefferies Financial Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LN3 Future Performance

 How is Jefferies Financial Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-8.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jefferies Financial Group expected to grow at an attractive rate?
  • Jefferies Financial Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Jefferies Financial Group's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Jefferies Financial Group's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:LN3 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:LN3 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -8.8%
DB:LN3 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -5.9%
Germany Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
Europe Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 0.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:LN3 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:LN3 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-11-30 4,084 396 1
2020-11-30 4,107 418 2
2019-11-30 3,788 847 2
2019-10-13
DB:LN3 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-11-30 5,223 754 265
2018-09-30 5,177 -73 -76
2018-06-30 4,821 -209 -290
2018-03-31 4,691 725 -287
2017-12-31 4,871 788 -122
2017-09-30 6,500 1,339 355
2017-06-30 8,282 1,108 529
2017-03-31 10,009 1,189 584
2016-12-31 3,848 572 -107
2016-09-30 10,619 749 40
2016-06-30 10,301 906 -287
2016-03-31 10,515 43 -327
2015-12-31 11,684 -762 269

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jefferies Financial Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Jefferies Financial Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:LN3 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Jefferies Financial Group Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LN3 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-11-30 1.37 1.37 1.37 1.00
2020-11-30 1.41 1.55 1.27 2.00
2019-11-30 2.69 2.75 2.63 2.00
2019-10-13
DB:LN3 Past Financials Data
Date (Data in USD Millions) EPS *
2018-11-30 0.76
2018-09-30 -0.21
2018-06-30 -0.80
2018-03-31 -0.78
2017-12-31 -0.33
2017-09-30 0.96
2017-06-30 1.43
2017-03-31 1.58
2016-12-31 -0.29
2016-09-30 0.11
2016-06-30 -0.77
2016-03-31 -0.88
2015-12-31 0.72

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Jefferies Financial Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Jefferies Financial Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Jefferies Financial Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LN3 Past Performance

  How has Jefferies Financial Group performed over the past 5 years?

  • Jefferies Financial Group's last earnings update was 257 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Jefferies Financial Group's growth in the last year to its industry (Diversified Financial).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Jefferies Financial Group's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Jefferies Financial Group's 1-year earnings growth exceeds its 5-year average (585.6% vs -24.7%)
  • Jefferies Financial Group's earnings growth has exceeded the Europe Diversified Financial industry average in the past year (585.6% vs 3.5%).
Earnings and Revenue History
Jefferies Financial Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Jefferies Financial Group Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LN3 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 5,223.29 265.34 87.80
2018-09-30 5,177.12 -76.34 80.55
2018-06-30 4,820.73 -289.75 75.48
2018-03-31 4,691.10 -286.94 72.64
2017-12-31 4,870.67 -121.89 72.51
2017-09-30 6,500.39 354.71 90.02
2017-06-30 8,281.50 529.00 51.70
2017-03-31 10,008.62 584.36 68.12
2016-12-31 3,848.01 -107.32 0.41
2016-09-30 10,618.60 39.73 788.28
2016-06-30 10,300.91 -287.47 857.04
2016-03-31 10,514.72 -327.20 846.81
2015-12-31 11,683.93 269.35 109.87
2015-09-30 11,876.21 214.62 588.94
2015-06-30 12,523.86 440.95 1,327.98
2015-03-31 12,566.47 488.62 1,898.68
2014-12-31 12,334.91 215.77 877.57
2014-09-30 12,544.83 239.98 2,852.30
2014-06-30 12,039.74 219.92 2,540.22
2014-03-31 11,827.31 205.08 2,548.27
2013-12-31 10,985.85 411.23 1,899.63
2013-09-30 10,562.22 865.46 1,203.59
2013-06-30 10,070.57 943.37 837.89
2013-03-31 8,931.30 694.78 329.63
2012-12-31 9,392.86 892.39 338.29

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Jefferies Financial Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Jefferies Financial Group used its assets less efficiently than the DE Diversified Financial industry average last year based on Return on Assets.
  • Jefferies Financial Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Jefferies Financial Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Diversified Financial industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Jefferies Financial Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LN3 Health

 How is Jefferies Financial Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Jefferies Financial Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jefferies Financial Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jefferies Financial Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jefferies Financial Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Jefferies Financial Group Company Filings, last reported 10 months ago.

DB:LN3 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 10,224.04 20,021.08 17,576.18
2018-09-30 10,793.14 21,996.10 17,817.77
2018-06-30 10,706.69 21,014.97 18,489.75
2018-03-31 10,827.94 20,845.48 17,462.30
2017-12-31 10,690.57 20,855.91 16,193.66
2017-09-30 11,155.15 20,639.13 15,681.54
2017-06-30 11,113.11 21,355.35 15,523.07
2017-03-31 11,059.32 19,296.85 14,748.97
2016-12-31 10,765.46 18,543.52 15,222.17
2016-09-30 10,708.56 19,632.56 15,692.70
2016-06-30 10,623.35 19,932.43 16,733.10
2016-03-31 10,582.95 19,883.88 15,255.98
2015-12-31 10,782.52 21,601.15 18,399.37
2015-09-30 10,730.11 23,325.23 20,598.37
2015-06-30 11,023.14 24,532.56 24,036.49
2015-03-31 11,013.91 24,418.04 24,495.61
2014-12-31 10,681.71 22,515.70 19,800.58
2014-09-30 10,805.10 22,441.11 23,489.54
2014-06-30 10,728.52 23,619.63 22,129.59
2014-03-31 10,553.02 22,472.76 22,034.38
2013-12-31 10,539.13 21,713.54 20,607.14
2013-09-30 10,456.24 21,070.53 18,112.64
2013-06-30 10,371.71 20,078.09 18,823.93
2013-03-31 10,742.72 18,300.42 19,553.96
2012-12-31 7,009.28 1,750.40 1,223.13
  • Jefferies Financial Group's level of debt (195.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (204.6% vs 195.8% today).
  • Debt is not well covered by operating cash flow (3.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Jefferies Financial Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Jefferies Financial Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LN3 Dividends

 What is Jefferies Financial Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.77%
Current annual income from Jefferies Financial Group dividends. Estimated to be 2.88% next year.
If you bought €2,000 of Jefferies Financial Group shares you are expected to receive €55 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Jefferies Financial Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Jefferies Financial Group's dividend is below the markets top 25% of dividend payers in Germany (3.86%).
Upcoming dividend payment

Purchase Jefferies Financial Group before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:LN3 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Europe Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:LN3 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-11-30 0.60 1.00
2020-11-30 0.50 2.00
2019-11-30 0.50 2.00
2019-10-13
DB:LN3 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-09-26 0.500 2.784
2019-07-02 0.500 2.519
2019-03-28 0.500 2.614
2019-01-10 0.500 2.513
2018-11-01 0.500 2.570
2018-10-25 0.500 2.403
2018-08-01 0.500 2.195
2018-07-26 0.500 2.074
2018-05-23 0.400 1.759
2018-02-22 0.400 1.680
2017-11-01 0.400 1.532
2017-10-26 0.400 1.572
2017-08-02 0.400 1.626
2017-07-27 0.400 1.525
2017-05-25 0.250 0.969
2017-05-03 0.250 0.993
2017-04-27 0.250 0.971
2016-10-27 0.250 1.057
2016-07-28 0.250 1.325
2016-05-26 0.250 1.430
2016-05-04 0.250 1.436
2015-10-30 0.250 1.514
2015-07-30 0.250 1.187
2015-05-21 0.250 1.025
2015-02-27 0.250 1.071
2014-10-29 0.250 1.082
2014-07-29 0.250 1.031
2014-04-30 0.250 0.976
2013-10-29 0.250 0.907
2013-07-26 0.250 0.920
2013-04-25 0.250 0.873
2013-02-28 0.250 0.905
2012-12-03 0.250 1.009
2012-08-01 0.250 1.130
2011-12-05 0.250 1.043
2010-12-06 0.250 0.829
2009-11-05 0.000 0.000
2009-08-07 0.000 0.000
2009-05-07 0.000 0.000
2008-12-01 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Jefferies Financial Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Jefferies Financial Group only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Jefferies Financial Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
X
Income/ dividend checks
We assess Jefferies Financial Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Jefferies Financial Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jefferies Financial Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LN3 Management

 What is the CEO of Jefferies Financial Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rich Handler
COMPENSATION $44,674,213
AGE 58
TENURE AS CEO 6.6 years
CEO Bio

Mr. Richard Brian Handler, also known as Rich, has been Co-Chairman and President of Landcadia Holdings II, Inc since February 14, 2019. He was Co-Chairman and President of Landcadia Holdings I, Inc. since September 15, 2015. Mr. Handler has been the Chief Executive Officer at Leucadia National Corporation since March 1, 2013. He serves as the Chairman and Chief Executive Officer of the Handler Family Foundation. He has been the Chairman and Chief Executive Officer at Jefferies LLC since 2002 and January 2001 respectively. He served as the Chief Executive Officer at Jefferies International Limited. He has been the Chief Executive Officer and Executive Chairman of Jefferies Group LLC and Jefferies & Company, Inc. since January 2001 and February 2002 respectively. He has been an Executive Director of Jefferies Group LLC since May 1998. Mr. Handler has served as a director and Chief Executive Officer of Jefferies since March 2013. Mr. Handler served as the President at Jefferies Group LLC since June 2005. He served as Co-President and Co-Chief Operating Officer of Jefferies Group LLC since 2000. He had earlier served as Co-President and Co-Chief Operating Officer of Jefferies & Company, Inc. since 2000. Mr. Handler served as the Chief Executive Officer at Jefferies High Yield Holdings, LLC and Jefferies High Yield Trading LLC since January 2001. Mr. Handler served as a Managing Director of High Yield Capital Markets at Jefferies International Limited from May 1993 to February 2000, after co-founding it as an Executive Vice President in April 1990. He served as Chairman of Jefferies International Limited. He has been a Director of Leucadia National Corporation since March 1, 2013, Jefferies LLC since May 1993. He serves as a Member of the Board of Directors of Folger Hill Asset Management LLC. He serves on the Board of Trustees of University of Rochester. He also serves on the Advisory Council of the Stanford University School of Business. He is one of Wall Street's most tenured Chief Executive Officers. Mr. Handler earned an M.B.A. from Stanford University in 1987. He also received a B.A. in Economics from the University of Rochester in 1983.

CEO Compensation
  • Rich's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rich's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Jefferies Financial Group management team in years:

5.8
Average Tenure
60
Average Age
  • The average tenure for the Jefferies Financial Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Joe Steinberg

TITLE
Co-Founder & Chairman
COMPENSATION
$2M
AGE
74

Rich Handler

TITLE
CEO & Director
COMPENSATION
$45M
AGE
58
TENURE
6.6 yrs

Brian Friedman

TITLE
President & Director
COMPENSATION
$44M
AGE
63
TENURE
6.6 yrs

Teresa Gendron

TITLE
VP & CFO
COMPENSATION
$2M
AGE
49
TENURE
5.1 yrs

Mike Sharp

TITLE
Executive VP & General Counsel
COMPENSATION
$5M
AGE
63
TENURE
6.6 yrs

John Dalton

TITLE
VP, Controller & Chief Accounting Officer
AGE
37
TENURE
4.1 yrs

Laura E. DiPierro

TITLE
Assistant VP & Secretary

Rocco Nittoli

TITLE
VP & Chief Compliance Officer
AGE
60

Jun Wu

TITLE
Head of Health-Care Coverage - Asia
TENURE
1 yrs

Paul Frean

TITLE
Chief Risk Officer
Board of Directors Tenure

Average tenure and age of the Jefferies Financial Group board of directors in years:

6.3
Average Tenure
67
Average Age
  • The tenure for the Jefferies Financial Group board of directors is about average.
Board of Directors

Joe Steinberg

TITLE
Co-Founder & Chairman
COMPENSATION
$2M
AGE
74
TENURE
6.6 yrs

Rich Handler

TITLE
CEO & Director
COMPENSATION
$45M
AGE
58
TENURE
6.6 yrs

Brian Friedman

TITLE
President & Director
COMPENSATION
$44M
AGE
63
TENURE
6.6 yrs

Robert Joyal

TITLE
Independent Director
COMPENSATION
$275K
AGE
74
TENURE
6.6 yrs

Bob Beyer

TITLE
Independent Director
COMPENSATION
$275K
AGE
59
TENURE
6.3 yrs

Linda Adamany

TITLE
Independent Director
COMPENSATION
$265K
AGE
67
TENURE
5.6 yrs

Jack Katz

TITLE
Independent Director
COMPENSATION
$279K
TENURE
0.9 yrs

Michael O’Kane

TITLE
Lead Independent Director
COMPENSATION
$295K
AGE
73
TENURE
2.7 yrs

Stu Reese

TITLE
Independent Director
COMPENSATION
$265K
AGE
64
TENURE
6.3 yrs

Frank Borges

TITLE
Independent Director
COMPENSATION
$265K
AGE
68
TENURE
6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Jefferies Financial Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Jefferies Financial Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LN3 News

Simply Wall St News

LN3 Company Info

Description

Jefferies Financial Group Inc., a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions. In addition, it provides fixed income sales and trading services for investment grade corporate bonds, U.S. and European government and agency securities, municipal bonds, mortgage- and asset-backed securities, leveraged loans, consumer loans, securities, markets debt, interest rate, and credit derivative products, as well as foreign exchange trade execution and securitization capabilities, as well as manages, invests in, and provides services to a group of alternative asset management platforms in investment strategies and asset classes. The company was formerly known as Leucadia National Corporation and changed its name to Jefferies Financial Group Inc. in May 2018. Jefferies Financial Group Inc. was founded in 1968 and is headquartered in New York, New York.

Details
Name: Jefferies Financial Group Inc.
LN3
Exchange: DB
Founded: 1968
$4,903,920,405
299,872,528
Website: http://www.jefferies.com
Address: Jefferies Financial Group Inc.
520 Madison Avenue,
New York,
New York, 10022,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE JEF Common Shares New York Stock Exchange US USD 02. Jan 1968
DB LN3 Common Shares Deutsche Boerse AG DE EUR 02. Jan 1968
Number of employees
Current staff
Staff numbers
4,700
Jefferies Financial Group employees.
Industry
Multi-Sector Holdings
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 21:28
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/10/09
Last earnings filing: 2019/01/29
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.