Jefferies Financial Group Inc. engages in the investment banking and capital markets, and asset management businesses in the Americas, Europe, the Middle East, Africa, and Asia. The company operates in Investment Banking and Capital Markets, Asset Management, Merchant Banking, and Corporate segments. It provides investment banking, advisory services with respect to mergers or acquisitions, restructurings or recapitalizations and private capital advisory transactions; equity and debt underwriting; and corporate lending. In addition, the company offers financing, securities lending, and other prime brokerage services; equities research and finance; and wealth management services. Further, it provides clients with sales and trading of investment grade corporate bonds, U.S. and European government and agency securities, municipal bonds, mortgage-backed and asset-backed securities, leveraged loans, consumer loans, high yield and distressed securities, emerging markets debt, interest rate, and credit derivative products, as well as foreign exchange trade execution and securitization; and manages, invests in, and provides services to a diverse group of alternative asset management platforms across a spectrum of investment strategies and asset classes. The company was formerly known as Leucadia National Corporation and changed its name to Jefferies Financial Group Inc. in May 2018. Jefferies Financial Group Inc. was founded in 1962 and is headquartered in New York, New York.

Boyd Jefferies

Jefferies Financial Group Inc.

ANNEH CAPITAL LLC is a trading company that focuses on maximizing profits for clients through strategic trading decisions, innovative technologies, and disciplined risk management. The company is self-described as operating in the Finance and Insurance sector, specifically in Investment Banking and Securities Dealing.

ANNEH CAPITAL LLC

Lake Street Capital Markets is a research-powered investment bank that focuses on growth companies. It helps institutional investors identify growth themes and innovative companies best positioned to capitalize on them.

Lake Street Capital Markets

LionTree is an independent investment and merchant bank that focuses on the media, technology, communications, consumer, and creative industries. It provides advisory, capital markets, and asset management services.

LionTree

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments.

More about our company can be found at www.jefferies.com.

Bond Street

MTS Markets International (MMI)

THINQ Learning Solutions

Liminal BioSciences

Abeona Therapeutics

Ablynx

Advaxis

Affirm

dv01

Enterworks Acquisition Inc.

Figure

Jefferies

The outcomes of the 2024 U.S. elections may shape the future of the energy transition, with climate policies front of mind for voters and candidates alike. In light of that, we’ve prepared an analysis of six key questions around the 2024 elections' impact on the US energy landscape. 

They touch on:
•	Inflation Reduction Act: What's Next?
•	2024’s Impact on Bipartisan Climate Legislation
•	US-China Trade Landscape and Renewable Supply Chains
•	The Future of Renewable Energy Permitting
•	How Will the Federal Reserve Approach the Transition?
•	The Fate of ESG Investing Post-2024

See the full analysis here: https://ow.ly/xHh150QynKY

Congratulations to Diamondback Energy in their merger with Endeavor Energy Resources, LP — a transaction valued at approximately $26 billion.

We’re pleased to have acted as Lead Financial Advisor to Diamondback Energy on this important transaction. Jefferies has been the leading advisor on M&A transactions in the energy sector for the last decade and has #1 market share in Permian-focused M&A per Dealogic.

 https://ow.ly/53Sh50QAcyp

Alan Wolberg, Sr. Financial Planner for Jefferies Wealth Management, discusses the pros and cons of adjusting your planning strategies to address the pending 2025 tax exemption changes in a new piece – To Plan or Not to Plan?
 
Read the report here: https://ow.ly/HOPF50QA0un

We are pleased to welcome Brian Carlstead, Ben Klemz, Katherine Meyers, and their 10 person team, who join the Not-For-Profit Healthcare sector to expand our Municipal Investment Banking capabilities.

They bring over 20 years of experience with advising market transforming not-for-profit health systems and will further enhance the Munis team at Jefferies. 

Welcome to Team Jefferies!

Happy Lunar New Year! Jefferies sends our warmest greetings to all celebrating the festival around the world. We wish you and your families prosperity, health and happiness in the Year of the Dragon. 

We look forward to bringing colleagues, friends and family together for feasting and festivities.

It’s not about what the Federal Reserve will do in 2024, but rather what it can do. Jefferies Chief Market Strategist David Zervos shares his outlook on Fed rate cuts in the Financial Times below and here: https://lnkd.in/e8hZgpQT

We are delighted to be the Exclusive Financial Advisor to Haynes International on its sale to  North American Stainless, a wholly owned subsidiary of Acerinox. 

Haynes International is a leading developer and manufacturer of nickel- and cobalt-based high-performance alloys. As part of this transaction, Acerinox has committed to investing an additional $200 million into its U.S. operations, including $170 million into Haynes’ operations.

This transaction showcases the continued momentum for Jefferies in the Metals & Mining sector and represents one of the largest Spain-to-US cross border public M&A deals. https://ow.ly/GejK50QyzGV

#JefferiesDifference

We’re proud to have acted as Sole Arranger to Pagaya Technologies on its $255 million Term Loan. This transaction is the latest example of leading global asset managers continuing to invest in the consumer finance and fintech sectors.
 
It is also our 35th transaction in Israel since 2021, representing a total value of over $42 billion and further highlighting the strength of Jefferies' global platform: https://ow.ly/g0ZA50QyS6J

Last week, Jefferies hosted Bim Afolami MP, Economic Secretary to the Treasury and City Minister, along with an illustrious panel of policymakers offering perspectives on regulation, UK listing rules, pension reform and other measures designed to revitalise our capital markets. 

What’s most exciting is that there is genuine appetite for change from all stakeholders – and what is more, industry practitioners are playing a more active role in shaping the policy agenda than at any time in the past 15 years. Many thanks to Bim Afolami, Rachel Kent, Baroness Ros Altmann CBE, Caroline Dawson and Katya Gorbatiouk for this fantastic event.

We are pleased to welcome three new senior hires in Hong Kong, Amanda Wu, Janet Wang and Lilias Sun, who will further expand our Fixed Income capabilities in the region.

Amanda Wu joins as Managing Director, Head of Fixed Income, Asia, to lead the team in the region as we continue to enhance our presence. Janet Wang joins as Managing Director, Emerging Markets Structured Product Trading, Asia and Lilias Sun joins as Senior Vice President, Emerging Markets Structured Product Trading team, Asia. 

They all bring outstanding experience and expertise that will strengthen our Fixed Income presence in Hong Kong. 

Welcome to Team Jefferies!

Metric
Company Name	Jefferies Financial Group Inc.	ANNEH CAPITAL LLC	Lake Street Capital Markets	LionTree
Symbol	JEF
MSH ID	COM:JEFFERIES	COM:ANNEHCAPITAL	COM:LAKESTREETCAPITALMARKETS	COM:LIONTREE
Market	STOCKS	PRIVATE	PRIVATE	PRIVATE
Sector	Financial Services	Financial Services & Finance	Financial Services & Finance	Financial Services & Finance
Industry	Financial - Capital Markets	Investment Banking and Securities Dealing	Investment Banking	Investment Banking
Country	US	US	US	US
Stage
Employee Count	7.61K			51
Website	jefferies.com	annehcapital.com	lakestreetcapitalmarkets.com	liontree.com
LinkedIn	jefferies
Founders

Metric
Market Cap	11.15B
Enterprise Value
Monthly Web Traffic		2.07K	5.78K
Web Traffic Growth		-0.86	-0.08
Valuation
Raised Capital

Metric
Revenue	7.44B
Revenue (LTM)
Revenue (NTM)
Gross Profit	4.03B
EBITDA	3.21B
Operating Income	3.10B
Net Income	263.07M
EPS	1.12
Diluted EPS	1.10
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.84
Operating Profit Margin	0.42
EBITDA Margin	0.43
Net Profit Margin	0.08
Return on Equity	0.06
Return on Assets	0.01
Return on Capital Employed	0.08

COM:JEFFERIES

Jefferies

Last Close

76.77

22/11 21:00

Market Cap

11.15B

Beta: -

Volume Today

2.06M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	21.50
P/B Ratio	0.91
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.55
EV Multiple	3.12

Metric
Days Sales Outstanding	398.63
Days Payables Outstanding	1.01K
Days Inventory Outstanding	4.34K
Operating Cycle	4.61K
Cash Conversion Cycle	3.66K
Asset Turnover	0.15

Metric
Operating Cash Flow	-1.93B
Free Cash Flow	-1.93B
Cash Flow to Debt	-0.01
Operating Cash Flow/Sales	-0.04
Free Cash Flow Yield	-0.22

Metric
Cash & Equivalents	8.53B
Accounts Receivable	-916.52M
Inventory
Goodwill	1.85B
Debt to Capitalization	0.75
Debt to Assets	0.28
Current Ratio	2.71
Quick Ratio	12.44

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.01
R&D to Revenue	0.02
SG&A to Revenue	0.14