XNASBGC
Market cap3.64bUSD
Jan 10, Last price
9.47USD
1D
-1.04%
1Q
2.05%
Jan 2017
-50.29%
Name
BGC Partners Inc
Chart & Performance
Profile
BGC Partners, Inc. operates as a financial brokerage and technology company in the United States, France, other Europe, the United Kingdom, other Americas, Asia, Australia, Africa, and the Middle East. It offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; and fixed income, equity derivatives and cash equities, energy and commodities, shipping, insurance, and futures and options. The company also provides trade execution, brokerage, clearing, trade compression, post-trade, information, consulting, and other back office services to financial and non-financial institutions. In addition, it offers electronic and hybrid brokerage, other financial technology solutions, market data and related information services, and analytics related to financial instrument and markets under the Fenics, FMX, BGC Trader, CreditMatch, Fenics Market Data, Fenics GO, BGC Market Data, kACE2, Capitalab, Swaptioniser, CBID, Lucera, and LumeAlfa brand names. Further, the company provides screen-based market solutions, which enable its clients to develop a marketplace, trade with their customers, issue debt, trade odd lots, access program trading interfaces, and access its network and intellectual property; option pricing and analysis tools; and software and technology infrastructure for the transactional and technology related elements. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Partners, Inc. was founded in 1945 and is headquartered in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 2,025,401 12.82% | 1,795,302 -10.92% | |||||||
Cost of revenue | 285,025 | 1,571,752 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 1,740,376 | 223,550 | |||||||
NOPBT Margin | 85.93% | 12.45% | |||||||
Operating Taxes | 18,934 | 38,584 | |||||||
Tax Rate | 1.09% | 17.26% | |||||||
NOPAT | 1,721,442 | 184,966 | |||||||
Net income | 34,070 -30.06% | 48,712 -60.72% | |||||||
Dividends | (43,736) | ||||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | (68,999) | (180,017) | |||||||
BB yield | |||||||||
Debt | |||||||||
Debt current | 1,917 | ||||||||
Long-term debt | 1,211,361 | ||||||||
Deferred revenue | |||||||||
Other long-term liabilities | 171,042 | ||||||||
Net debt | (655,641) | 650,395 | |||||||
Cash flow | |||||||||
Cash from operating activities | 29,441 | 224,362 | |||||||
CAPEX | (58,760) | ||||||||
Cash from investing activities | (53,330) | ||||||||
Cash from financing activities | (29,423) | (233,206) | |||||||
FCF | 1,464,483 | 103,701 | |||||||
Balance | |||||||||
Cash | 655,641 | 484,989 | |||||||
Long term investments | 77,894 | ||||||||
Excess cash | 554,371 | 473,118 | |||||||
Stockholders' equity | (1,139,560) | (1,114,756) | |||||||
Invested Capital | 4,315,497 | 2,779,562 | |||||||
ROIC | 48.53% | 6.61% | |||||||
ROCE | 54.80% | 13.26% | |||||||
EV | |||||||||
Common stock shares outstanding | 489,989 | 499,414 | |||||||
Price | |||||||||
Market cap | |||||||||
EV | |||||||||
EBITDA | 1,743,177 | 298,604 | |||||||
EV/EBITDA | |||||||||
Interest | 77,231 | 57,932 | |||||||
Interest/NOPBT | 4.44% | 25.91% |