Jefferies Financial Group Inc. (JEF) vs Stifel Financial Corporation (SF)

Jefferies Financial Group Inc. and Stifel Financial Corporation are both Capital Markets companies. Jefferies Financial Group Inc. and Stifel Financial Corporation are of similar size ($10.7B and $10.6B). Stifel Financial Corporation trades at the lower P/E: 11.9× against 13.0×. Jefferies Financial Group Inc. grew revenue faster over the last twelve months: 21.4% against 15.4%. Stifel Financial Corporation has the higher net margin (15.5% vs 9.56%) and the higher return on invested capital (16.0% vs 7.49%). Both pay a dividend; Jefferies Financial Group Inc. yields more (3.09% vs 2.20%). Across the 23 metrics below, Stifel Financial Corporation leads on 13 and Jefferies Financial Group Inc. on 10.

Valuation

Metric JEF SF Capital Markets median
P/E 12.99 11.86 15.78
P/S 1.20 1.83 2.32
P/B 0.95 2.04 1.89
Price to free cash flow 5.64 38.32 6.25
EV/EBITDA 9.09 6.77 8.87
EV/Sales 2.34 1.70 2.28
Earnings yield 7.70% 8.43% (3.77%)
Free cash flow yield 17.74% 2.61% (1.49%)

Profitability

Metric JEF SF Capital Markets median
Gross margin 97.99% 98.95% 62.80%
Operating margin 23.41% 20.60% 0.00%
Net margin 9.56% 15.48% (0.55%)
Free cash flow margin 21.33% 4.78% 0.00%
Return on equity 7.59% 17.90% 0.00%
Return on assets 1.09% 2.16% 0.00%
Return on invested capital 7.49% 16.01% 0.00%

Growth

Metric JEF SF Capital Markets median
Revenue growth (TTM) 21.44% 15.40% 21.02%
EPS growth (last fiscal year) (5.35%) (6.08%) —
Revenue growth, 5-year CAGR 4.65% 8.07% 18.16%
Net income growth, 5-year CAGR (3.90%) 6.30% 0.00%

Health

Metric JEF SF Capital Markets median
Debt to equity 1.99 0.29 0.08
Current ratio 0.98 0.88 1.51
Net debt to EBITDA 1.89 (1.36) (0.24)

Dividend

Metric JEF SF Capital Markets median
Dividend yield 3.09% 2.20% 2.20%
Payout ratio 0.86 0.26 0.00

Size

Metric JEF SF Capital Markets median
Market cap 10.66b 10.56b 724.58m

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