BGC Group (FRA:ESD) Beginning Cash Position: €756 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:ESD BGC Group Inc FRA:ESD
64 GF Score
Price €9.85
GF Value €11.03
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is BGC Group Beginning Cash Position?

BGC Group FRA:ESD +1.55% 64 Beginning Cash Position is €756 Mil as of Mar. 2026. GuruFocus rates FRA:ESD with a GF Score™ of 64/100 and a GF Value™ of €11.03 (Modestly Undervalued). The stock has 6 warning signs investors should review.

BGC Group's Beginning Cash Position for the quarter that ended in Mar. 2026 was €756 Mil.

BGC Group's quarterly Beginning Cash Position declined from Sep. 2025 (€717 Mil) to Dec. 2025 (€683 Mil) but then increased from Dec. 2025 (€683 Mil) to Mar. 2026 (€756 Mil).

BGC Group's annual Beginning Cash Position increased from Dec. 2023 (€460 Mil) to Dec. 2024 (€643 Mil) but then declined from Dec. 2024 (€643 Mil) to Dec. 2025 (€626 Mil).

BGC Group Beginning Cash Position Related Terms

BGC Group Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for BGC Group's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BGC Group Beginning Cash Position Chart

BGC Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 755.26 535.06 460.34 642.62 626.22

BGC Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 678.28 854.66 717.45 682.51 755.73
FRA:ESD
64GF Score
BGC Group Inc FRA:ESD
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BGC Group Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €756 Mil mean?
BGC Group (FRA:ESD) has a Beginning Cash Position of €756 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on BGC Group and its competitors.
Is BGC Group's Beginning Cash Position too high?
BGC Group's current Beginning Cash Position is €756 Mil. Overall, BGC Group has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BGC Group's Beginning Cash Position compare to MARA and GLXY?
BGC Group's Beginning Cash Position of €756 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Capital Markets company?
A good Beginning Cash Position depends on the Capital Markets industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on BGC Group and its competitors. BGC Group's current Beginning Cash Position is €756 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGC Group stock overvalued right now?
Based on GuruFocus' analysis, BGC Group (FRA:ESD) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.03, compared to a current price of €9.85 — trading 10.7% below its estimated fair value. The current Beginning Cash Position is €756 Mil. BGC Group's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For BGC Group (FRA:ESD), the current Beginning Cash Position is €756 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BGC Group (FRA:ESD) Overvalued in 2026?

Based on GuruFocus' analysis, BGC Group stock appears to be undervalued. The current stock price of €9.85 is trading 10.7% below its estimated GF Value™ of €11.03. GuruFocus considers BGC Group to be Modestly Undervalued.

Key valuation signals for FRA:ESD:

  • Beginning Cash Position: €756 Mil
  • GF Value™: €11.03 vs. price of €9.85 (10.7% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the FRA:ESD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BGC Group Business Description

Other Exchanges BGC:USA
Address 499 Park Avenue, New York, NY, USA, 10022
BGC Group Inc is a brokerage and financial technology company that serves financial markets, energy, and commodities markets. Its service and product offerings include brokerage for a wide range of financial products, including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, financial institutions, and corporate clients. BGC operates in one reportable segment, which is providing brokerage services. Geographically, the company generates a majority of its revenue from Europe, the Middle East and Africa (EMEA), followed by the Americas and the Asia-Pacific region.
64GF Score

Get the complete analysis for FRA:ESD

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.85
Price
€11.03
GF Value