BGC PARTNERS INC-CL A (BGCP) Stock Fundamental Analysis
NASDAQ:BGCP - US05541T1016 - Common Stock
4.43 USD
+0.06 (+1.37%)
4.43 USD
0 (0%)
Taking everything into account, BGCP scores 4 out of 10 in our fundamental rating. BGCP was compared to 238 industry peers in the Capital Markets industry. While BGCP is still in line with the averages on profitability rating, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on BGCP.
1. Profitability
1.1 Basic Checks
BGCP had positive earnings in the past year.
BGCP had a positive operating cash flow in the past year.
In the past 5 years BGCP has always been profitable.
BGCP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.93%, BGCP perfoms like the industry average, outperforming 45.59% of the companies in the same industry.
BGCP's Return On Equity of 5.73% is in line compared to the rest of the industry. BGCP outperforms 50.98% of its industry peers.
BGCP has a Return On Invested Capital of 5.32%. This is in the better half of the industry: BGCP outperforms 65.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 5.73% | ||
| ROIC | 5.32% |
ROA(3y)2.18%
ROA(5y)2.73%
ROE(3y)11.27%
ROE(5y)13.41%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 2.29%, BGCP is not doing good in the industry: 63.73% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of BGCP has declined.
BGCP has a Operating Margin of 7.71%. This is in the lower half of the industry: BGCP underperforms 74.02% of its industry peers.
In the last couple of years the Operating Margin of BGCP has grown nicely.
BGCP has a better Gross Margin (98.44%) than 96.57% of its industry peers.
In the last couple of years the Gross Margin of BGCP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.71% | ||
| PM (TTM) | 2.29% | ||
| GM | 98.44% |
OM growth 3Y10.4%
OM growth 5Y22.6%
PM growth 3Y6.25%
PM growth 5Y-1.6%
GM growth 3Y-0.17%
GM growth 5Y-0.11%
2. Health
2.1 Basic Checks
Compared to 1 year ago, BGCP has more shares outstanding
The debt/assets ratio for BGCP is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.47, we must say that BGCP is in the distress zone and has some risk of bankruptcy.
BGCP has a Altman-Z score of 0.47. This is in the lower half of the industry: BGCP underperforms 64.71% of its industry peers.
The Debt to FCF ratio of BGCP is 5.74, which is a neutral value as it means it would take BGCP, 5.74 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.74, BGCP is doing good in the industry, outperforming 69.61% of the companies in the same industry.
BGCP has a Debt/Equity ratio of 1.55. This is a high value indicating a heavy dependency on external financing.
BGCP has a worse Debt to Equity ratio (1.55) than 73.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 5.74 | ||
| Altman-Z | 0.47 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BGCP has a Current Ratio of 1.05. This is a normal value and indicates that BGCP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.05, BGCP is in line with its industry, outperforming 47.06% of the companies in the same industry.
BGCP has a Quick Ratio of 1.05. This is a normal value and indicates that BGCP is financially healthy and should not expect problems in meeting its short term obligations.
BGCP has a Quick ratio (1.05) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
BGCP shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.88%.
BGCP shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.81% yearly.
The Revenue has decreased by -6.78% in the past year.
The Revenue has been growing slightly by 0.50% on average over the past years.
EPS 1Y (TTM)5.88%
EPS 3Y4.13%
EPS 5Y-8.81%
EPS Q2Q%9.52%
Revenue 1Y (TTM)-6.78%
Revenue growth 3Y-5.15%
Revenue growth 5Y0.5%
Sales Q2Q%5.21%
3.2 Future
The Earnings Per Share is expected to grow by 20.54% on average over the next years. This is a very strong growth
Based on estimates for the next years, BGCP will show a quite strong growth in Revenue. The Revenue will grow by 10.66% on average per year.
EPS Next Y24.3%
EPS Next 2Y21.11%
EPS Next 3Y20.54%
EPS Next 5YN/A
Revenue Next Year13.89%
Revenue Next 2Y10.93%
Revenue Next 3Y10.66%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.15, the valuation of BGCP can be described as very cheap.
BGCP's Price/Earnings ratio is rather cheap when compared to the industry. BGCP is cheaper than 93.63% of the companies in the same industry.
BGCP is valuated cheaply when we compare the Price/Earnings ratio to 27.17, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 4.31 indicates a rather cheap valuation of BGCP.
96.57% of the companies in the same industry are more expensive than BGCP, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.78. BGCP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.15 | ||
| Fwd PE | 4.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BGCP is valued a bit cheaper than 78.43% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BGCP is valued a bit cheaper than the industry average as 79.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.61 | ||
| EV/EBITDA | 10.76 |
4.3 Compensation for Growth
BGCP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BGCP's earnings are expected to grow with 20.54% in the coming years.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y21.11%
EPS Next 3Y20.54%
5. Dividend
5.1 Amount
BGCP has a yearly dividend return of 0.93%, which is pretty low.
BGCP's Dividend Yield is slightly below the industry average, which is at 8.00.
Compared to an average S&P500 Dividend Yield of 2.34, BGCP's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
5.2 History
BGCP has paid a dividend for at least 10 years, which is a reliable track record.
BGCP has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
BGCP pays out 35.69% of its income as dividend. This is a sustainable payout ratio.
DP35.69%
EPS Next 2Y21.11%
EPS Next 3Y20.54%
4.43
+0.06 (+1.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners0.01%
Inst Owner Change-97.25%
Ins Owners0.17%
Ins Owner Change0%
Market Cap1.69B
Analysts80
Price Target8.41 (89.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP35.69%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.44%
Min EPS beat(2)-0.99%
Max EPS beat(2)1.88%
EPS beat(4)3
Avg EPS beat(4)2.08%
Min EPS beat(4)-0.99%
Max EPS beat(4)4.56%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.36%
Min Revenue beat(2)-1.46%
Max Revenue beat(2)2.18%
Revenue beat(4)2
Avg Revenue beat(4)-0.17%
Min Revenue beat(4)-2.74%
Max Revenue beat(4)2.18%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-0.98%
EPS NQ rev (3m)-15.44%
EPS NY rev (1m)-0.98%
EPS NY rev (3m)-1.55%
Revenue NQ rev (1m)-0.98%
Revenue NQ rev (3m)-7.43%
Revenue NY rev (1m)-0.97%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.15 | ||
| Fwd PE | 4.31 | ||
| P/S | 0.93 | ||
| P/FCF | 8.61 | ||
| P/OCF | 6.55 | ||
| P/B | 2.33 | ||
| P/tB | 78.44 | ||
| EV/EBITDA | 10.76 |
EPS(TTM)0.72
EY16.25%
EPS(NY)1.03
Fwd EY23.18%
FCF(TTM)0.51
FCFY11.62%
OCF(TTM)0.68
OCFY15.27%
SpS4.76
BVpS1.9
TBVpS0.06
PEG (NY)0.25
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 5.73% | ||
| ROCE | N/A | ||
| ROIC | 5.32% | ||
| ROICexc | 7.13% | ||
| ROICexgc | 965.54% | ||
| OM | 7.71% | ||
| PM (TTM) | 2.29% | ||
| GM | 98.44% | ||
| FCFM | N/A |
ROA(3y)2.18%
ROA(5y)2.73%
ROE(3y)11.27%
ROE(5y)13.41%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y1.29%
ROICexcg growth 5Y91%
ROICexc growth 3Y9.37%
ROICexc growth 5Y48.72%
OM growth 3Y10.4%
OM growth 5Y22.6%
PM growth 3Y6.25%
PM growth 5Y-1.6%
GM growth 3Y-0.17%
GM growth 5Y-0.11%
F-Score6
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.55 | ||
| Debt/FCF | 5.74 | ||
| Debt/EBITDA | 5.22 | ||
| Cap/Depr | 81.82% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 471.7% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 0.47 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)82.47%
Cap/Depr(5y)94.29%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)358.98%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.88%
EPS 3Y4.13%
EPS 5Y-8.81%
EPS Q2Q%9.52%
EPS Next Y24.3%
EPS Next 2Y21.11%
EPS Next 3Y20.54%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.78%
Revenue growth 3Y-5.15%
Revenue growth 5Y0.5%
Sales Q2Q%5.21%
Revenue Next Year13.89%
Revenue Next 2Y10.93%
Revenue Next 3Y10.66%
Revenue Next 5YN/A
EBIT growth 1Y235.81%
EBIT growth 3Y4.71%
EBIT growth 5Y23.21%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-42.46%
FCF growth 3Y4.74%
FCF growth 5Y-33.09%
OCF growth 1Y-38.41%
OCF growth 3Y-2.1%
OCF growth 5Y-29.5%