Stock fact sheet · data as of
Jefferies Financial Group Inc. (JEF): fair value, margin of safety and Wheel Score
Ticker symbol JEF · Financial Services · Financial - Capital Markets · United States · Value
Is JEF undervalued?
Jefferies Financial Group Inc. (JEF) closed at 51.17 on 5 Nov 2026. The GLS average fair value - the simple average of the 9 valuation models that produced a positive number - is 141.57, which puts the price 64% below it. 7 of the 9 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
There is a wide gap between DDM (23.54) and 10 Cap (452.02). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, JEF is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 77, growth score 40, out of 100).
Nine valuation models for JEF
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 117.55 | +130% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 75.73 | +48% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 137.46 | +169% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 50.23 | -2% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 64.13 | +25% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 452.02 | +783% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 301.04 | +488% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 23.54 | -54% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 52.45 | +2% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -116.92 | -328% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 58.17 | +14% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Jefferies Financial Group Inc. scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the "Piotroski 6 or more" Wheel Trade Filter with room to spare. A GLS Moat score of 4.7/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 2.1%, ROE 6.7%, ROA 0.9% - with debt at 2.25 times equity and a free-cash-flow yield of 43.4%. Debt of 2.25 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is 3.13% at a payout ratio of 40%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Investment Banking 39%, Interest Revenue 28%, Principal Transactions Revenue 14% (quarter Q3 FY2026).
Institutional ownership scores 8/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 2.1% |
|---|---|---|---|
| GLS Moat | 4.7 / 10 | ROE | 6.7% |
| Debt / equity | 2.25 | ROA | 0.9% |
| Free-cash-flow yield | 43.4% | Payout ratio | 40% |
| Institutions | 8 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 81: Good
With a Wheel Score of 81 - the Good band - Jefferies Financial Group Inc. passes all 9 Wheel Trade Filters. How it ranks: value strong, premium strong, moat fair, health strong, red flags fair, option trading fair, stability fair. Red Flags (fair) is the part keeping it out of the Prime band.
Implied volatility is 40% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 24,393 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 2.3M shares a day on a market cap of $9.7B, with a beta of 1.53 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 64% below fair value | |
| Premium | Strong | implied volatility 40% | |
| Moat | Fair | moat 4.7/10 | |
| Health | Strong | Piotroski 8/9 | |
| Red Flags | Fair | Red Flags score 70/100 | |
| Option trading | Fair | 1,069 contracts a day, 24,393 open interest | |
| Stability | Fair | beta 1.53, $9.7B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 6 Jan 2027, 62 days away - outside the window of a 30-45-day put sold today. The shares go ex-dividend on 16 Nov 2026 (0.4000 per share), so a covered call sold before then carries a small early-assignment risk around that date.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
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The 12 companies below are the closest to Jefferies Financial Group Inc. by market cap within the Financial - Capital Markets industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
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|---|---|---|---|---|---|
| SF Stifel Financial Corp | 72.94 | 97.45 | +25% | 79Good | $10.9B |
| XP XP Inc. | 15.17 | 70.40 | +78% | 55Fair | $7.9B |
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| BMNR Bitmine Immersion Technologies, Inc. | 21.73 | 0.7947 | -2635% | 29Weak | $12.4B |
| BMNP Bitmine Immersion Technologies, Inc. | 98.10 | 1.63 | -5908% | 13No options | $13.0B |
| SNEX StoneX Group Inc. | 56.83 | 712.67 | +92% | 79Good | $6.9B |
| FUTU Futu Holdings Limited | 97.92 | 476.82 | +79% | 53Fair | $13.7B |
| HUT Hut 8 Corp. | 48.94 | - | - | 14Weak | $6.0B |
| WULF TeraWulf Inc. | 11.70 | - | - | 14Weak | $5.8B |
| MKTX MarketAxess Holdings Inc. | 165.61 | 115.27 | -44% | 23Weak | $5.8B |
| RIOT Riot Platforms, Inc. | 15.37 | - | - | 20Weak | $5.8B |
| BGC BGC Group, Inc | 11.27 | 9.43 | -19% | 42Weak | $5.3B |
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about JEF
Is JEF undervalued right now?
By the GLS models, yes: at 51.17 the stock is 64% below the average fair value of 141.57 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of JEF and what does it mean?
JEF scores 81 out of 100 (Good). The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for JEF?
141.57 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Jefferies Financial Group Inc. report earnings next?
The next earnings report is due on 6 Jan 2027, 62 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does JEF have listed options, and how liquid are they?
Yes. The nightly snapshot found 90 listed contracts with 24,393 open interest across all expiries and implied volatility of 40% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.