Jefferies Financial Group (FRA:LN3) Cyclically Adjusted FCF per Share: €0.49 (As of May. 2026)

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FRA:LN3 Jefferies Financial Group Inc FRA:LN3
89 GF Score
Price €48.62
GF Value €54.06
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Jefferies Financial Group Cyclically Adjusted FCF per Share?

Jefferies Financial Group FRA:LN3 -0.43% 89 Cyclically Adjusted FCF per Share is €0.49 as of May. 2026. GuruFocus rates FRA:LN3 with a GF Score™ of 89/100 and a GF Value™ of €54.06 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Jefferies Financial Group's adjusted free cash flow per share for the three months ended in May. 2026 was €6.127. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.49 for the trailing ten years ended in May. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -34.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Jefferies Financial Group was 26.90% per year. The lowest was -60.40% per year. And the median was 5.10% per year.

As of today (2026-07-24), Jefferies Financial Group's current stock price is €48.62. Jefferies Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2026 was €0.49. Jefferies Financial Group's Cyclically Adjusted Price-to-FCF of today is 99.22.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jefferies Financial Group was 599.50. The lowest was 20.28. And the median was 90.03.


Jefferies Financial Group  (FRA:LN3) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Jefferies Financial Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=48.62/0.49
=99.22

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jefferies Financial Group was 599.50. The lowest was 20.28. And the median was 90.03.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Jefferies Financial Group Cyclically Adjusted FCF per Share Related Terms


Jefferies Financial Group Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Jefferies Financial Group's Cyclically Adjusted FCF per Share 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.

Jefferies Financial Group Cyclically Adjusted FCF per Share Chart

Jefferies Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 1.38 0.20 0.70 0.36

Jefferies Financial Group Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted FCF per Share 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 -0.30 -0.23 0.36 -0.43 0.49

FRA:LN3 vs HLI, SF, SNEX: Cyclically Adjusted FCF per Share Comparison

For the Capital Markets subindustry, Jefferies Financial Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jefferies Financial Group Cyclically Adjusted Price-to-FCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jefferies Financial Group's Cyclically Adjusted Price-to-FCF falls into.


FRA:LN3
89GF Score
Jefferies Financial Group Inc FRA:LN3
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Jefferies Financial Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Jefferies Financial Group's adjusted Free Cash Flow per Share data for the three months ended in May. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=6.127/335.1230*335.1230
=6.127

Current CPI (May. 2026) = 335.1230.

Jefferies Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 1.977 241.018 2.749
201609 0.622 241.428 0.863
201612 0.614 241.432 0.852
201703 -0.969 243.801 -1.332
201706 1.914 244.955 2.619
201709 1.271 246.819 1.726
201712 -0.704 246.524 -0.957
201803 -0.972 249.554 -1.305
201806 -0.763 251.989 -1.015
201809 1.670 252.439 2.217
201902 -2.294 252.776 -3.041
201905 -2.039 256.092 -2.668
201908 0.367 256.558 0.479
201911 1.016 257.208 1.324
202002 -2.912 258.678 -3.773
202005 3.260 256.394 4.261
202008 3.323 259.918 4.284
202011 2.250 260.229 2.898
202102 -4.607 263.014 -5.870
202105 1.463 269.195 1.821
202108 3.160 273.567 3.871
202111 4.679 277.948 5.641
202202 -4.014 283.716 -4.741
202205 4.593 292.296 5.266
202208 5.501 296.171 6.224
202211 1.565 297.711 1.762
202302 -6.942 300.840 -7.733
202305 1.470 304.127 1.620
202308 -2.048 307.026 -2.235
202311 0.146 307.051 0.159
202402 -5.757 310.326 -6.217
202405 -0.065 314.069 -0.069
202408 -2.800 314.796 -2.981
202411 6.956 315.493 7.389
202502 -11.716 319.082 -12.305
202505 -4.085 321.465 -4.259
202508 0.486 323.976 0.503
202511 7.372 324.122 7.622
202602 -6.829 326.785 -7.003
202605 6.127 335.123 6.127

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €0.49 mean?
Jefferies Financial Group (FRA:LN3) has a Cyclically Adjusted FCF per Share of €0.49 as of May. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Jefferies Financial Group and its competitors.
Is Jefferies Financial Group's Cyclically Adjusted FCF per Share too high?
Jefferies Financial Group's current Cyclically Adjusted FCF per Share is €0.49. Overall, Jefferies Financial Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jefferies Financial Group's Cyclically Adjusted FCF per Share compare to HLI and SF?
Jefferies Financial Group's Cyclically Adjusted FCF per Share of €0.49 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 Cyclically Adjusted FCF per Share for a Capital Markets company?
A good Cyclically Adjusted FCF per Share depends on the Capital Markets industry context. However, Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Jefferies Financial Group and its competitors. Jefferies Financial Group's current Cyclically Adjusted FCF per Share is €0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jefferies Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Jefferies Financial Group (FRA:LN3) is currently considered Modestly Undervalued. The stock's GF Value™ is €54.06, compared to a current price of €48.62 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.49. Jefferies Financial Group's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Jefferies Financial Group (FRA:LN3), the current Cyclically Adjusted FCF per Share is €0.49 as of May. 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 Jefferies Financial Group (FRA:LN3) Overvalued in 2026?

Based on GuruFocus' analysis, Jefferies Financial Group stock appears to be undervalued. The current stock price of €48.62 is trading 10.1% below its estimated GF Value™ of €54.06. GuruFocus considers Jefferies Financial Group to be Modestly Undervalued.

Key valuation signals for FRA:LN3:

  • Cyclically Adjusted FCF per Share: €0.49
  • GF Value™: €54.06 vs. price of €48.62 (10.1% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the FRA:LN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jefferies Financial Group Business Description

Address 520 Madison Avenue, New York, NY, USA, 10022
Jefferies Financial Group is a full-service investment banking and capital markets firm that was founded in 1962. After nearly 30 years of focusing on institutional trading services, it entered the investment banking industry in the early 1990s, which ultimately grew into the core business. In 2013, Jefferies merged with Leucadia, a manufacturing-focused holding company. Since merging, Jefferies became the core of the combined business as the bulk of the legacy portfolio was sold off and the parent company was renamed to match the subsidiary. Within the investment banking landscape, Jefferies predominately serves the North American middle market and has captured considerable market share over the past decade.
89GF Score

Get the complete analysis for FRA:LN3

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€48.62
Price
€54.06
GF Value