BGC Group, Inc. (BGC)
OvervaluedFundamental
68
Price
$11.53
Market Cap
$5.48B
Part 1 · What the company is worth
Overview
BGC Group, Inc. operates as a financial brokerage and technology company in the United States, Europe, the Middle East, Africa, and the Asia Pacific. The company offers various brokerage services, such as government bonds and corporate bonds as well as interest rate derivatives and credit derivatives, foreign exchange, fixed income products, equities and futures and options; and brokerage and trade execution of ECS products, including listed derivatives and physical commodities in the oil and refined, and environmental and energy transition markets; and ship chartering services. It also provides price discovery, trade execution, brokerage services, clearing, information, and other back-office services to financial and non-financial institutions. The company also operates BGC Compute Infrastructure Markets, a division focused on the secondary market for compute and memory capacity. In addition, the company offers financial technology solutions, network and connectivity solutions, market data and related information services, market infrastructure, and post-trade services. Further, the company's integrated platform is designed to provide flexibility to customers regarding price discovery, trade execution and processing of transactions, as well as accessing liquidity through its platforms, for transactions executed either OTC or through an exchange. It primarily serves banks, broker-dealers, trading firms, hedge funds, governments, corporations, investment firms, commodity trading firms, and end users. BGC Group, Inc. was founded in 1945 and is headquartered in New York, New York.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on September 18, 2026 with claude-haiku-4-5 — shared with all users
Competes for the same energy, commodities and financial-market execution business, hiring from the same pool of brokers and serving the same trading desks BGC's energy and commodities division covers.
Electronic trading venue for rates and credit that takes the same institutional order flow BGC's Fenics platforms aim to intermediate, shifting voice-brokered volume onto screens.
Named in BGC's 10-K as the exchange competitor for interest-rate and FX futures and options, and the direct rival of BGC's own FMX futures exchange for US Treasury and SOFR volume.
The largest diversified inter-dealer broker and the first competitor BGC names in its 10-K, matching it desk for desk in rates, credit, FX, energy and commodities brokerage for the same bank and institutional dealers.
The other publicly listed global inter-dealer broker named by BGC itself, brokering the same over-the-counter interest-rate, currency, credit and commodity products for the same dealer clients.
Balance Sheet & Liquidity
Revenue
$2.75B
Trailing 12 months (through 6/30/2026)
Net Income
$199M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$373M
Total Equity
$972M
Total Liabilities
$3.27B
Current Ratio
1.29
Interest Coverage
-
Debt/EBITDA
-
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$6.93
Current Price
$11.53
Margin of Safety
-66.5%
Fair Value Range
$4.50 - $9.35
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
28.12
ROE
15.9%
P/B Ratio
-
P/FCF
-
Gross Margin
-
ROIC
-
Profitability Radar
Value Creation (Economic Moat)
ROIC
-
WACC
7.4%
ROIC − WACC
-
Fundamental Analysis Criteria
Passed (15)
- EPS shows upward trend
- Price CAGR 6.28%
- Debt/Equity ratio
- Positive Free Cash Flow
- CapEx intensity
- Return on Tangible Assets
- ROE 19.2%
- Revenue Growth 5Y 7.4%
- Analyst Consensus 83% Buy
- Earnings Surprise avg 2.8%
- PEG Ratio 0.89
- Earnings Quality (OCF/NI) 2.53
- Share Dilution 1.4%
- Net Margin Trend 7.2% vs 7.1%
- Piotroski F-Score 5/9
Failed (3)
- EPS CAGR 1.61%
- Low reliance on intangibles
- DCF valuation (Unknown)
Unavailable (10)
- ROIC NaN%
- Gross Margin NaN%
- P/FCF NaN
- P/B Ratio NaN
- Dividend Payout NaN%
- Operating Margin NaN%
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Price below Graham Number
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Share count is stable
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Stephen Marcus Merkel | Executive VP, General Counsel & Chairman of the Board | 66 |
| Mr. Sean A. Windeatt | COO & Co-CEO | 52 |
| Mr. Jean-Pierre Aubin | Co-Chief Executive Officer | 57 |
| Mr. John Joseph Abularrage | Co-Chief Executive Officer | 47 |
| Mr. Jason Williams Hauf | Executive VP & CFO | 56 |
| Mr. Jason Chryssicas | Head of Investor Relations | 39 |
| Ms. Margaret Belden | Senior Managing Director & Chief Human Resources Officer | - |
| Mr. Louis James Scotto | Chief Executive Officer of FMX | 74 |
| Mr. John Battaglia | Senior VP & Head of Carbon Markets | - |
| Mr. Arran Rowsell | Head of Credit Strategy in London | - |
Audit Risk
2
Board Risk
10
Compensation Risk
10
Shareholder Rights Risk
10
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-03-02
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-10
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-28
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for BGC, sourced from Markets Gazette.