BGC Group, Inc. (BGC)

Security & Commodity Brokers, Dealers, Exchanges & Services

Latest Price

$11.53

TTM P/E

28.12

Normalized P/E

43.12

Div Yield

0.69%

Book Value

2.32

P/B Ratio

4.96

Valuation metrics

EPS: $0.31

Book value / share: $2.02

Formula: √(22.5 × EPS × BVPS)

Graham Number

$3.76

67% downside

Norm. op. income: $173M (median of 7yr)

Tax rate: 31%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$1.00

91% downside

Base FCF: $373M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$56.23

+388% upside

EPS: $0.31

Target P/E: 43×

Formula: EPS × P/E

P/E Fair Value

$13.33

+16% upside

65.4% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	57.48M	$614.0M	12.10%	+2.88M	2026-06-30
Vanguard Portfolio Management LLC	25.74M	$275.0M	5.42%	+1.20M	2026-06-30
Rubric Capital Management LP	23.80M	$254.0M	5.01%	+500.0K	2026-06-30
Vanguard Capital Management LLC	16.65M	$177.0M	3.51%	+332.0K	2026-06-30
State Street Corp	15.34M	$164.0M	3.23%	+862.6K	2026-06-30
FMR LLC	10.60M	$113.0M	2.23%	+1.95M	2026-06-30
Geode Capital Management, LLC	9.72M	$103.0M	2.05%	+746.5K	2026-06-30
Nuveen, LLC	9.26M	$98.0M	1.95%	+62.9K	2026-06-30
Dimensional Fund Advisors LP	8.25M	$88.0M	1.74%	+347.4K	2026-06-30
Boston Partners	7.23M	$77.0M	1.52%	-59.5K	2026-06-30