BGC Group, Inc.
$6.50B- Market cap
- $5.79B
- Debt
- +$1.56B
- Cash
- −$851.50M
Capital structure 79% equity / 21% debt · EV / Revenue 2.21x · EV / EBITDA 17.69x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: BGC stock price at premium vs NJR $12.19 current versus $4.97 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at NJR's multiple
Implied fair value · at BGC's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple discount
Premium justified
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: BGC FY 2025 (ended Dec 31, 2025) · NJR FY 2025 (ended Sep 30, 2025). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 79% equity / 21% debt · EV / Revenue 2.21x · EV / EBITDA 17.69x
Capital structure 61% equity / 39% debt · EV / Revenue 6.56x · EV / EBITDA 15.75x
NJR carries the larger enterprise value at $8.87B against $6.50B; BGC trades on the lower EV / Revenue multiple (2.21x vs 6.56x); NJR on the lower EV / EBITDA (15.75x vs 17.69x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
BGC Group, Inc. · implied price per share
Bear
$6.99
Base
$8.48
Bull
$10.43
NEW JERSEY RESOURCES CORPORATION · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
1.60x
1.44x
Net debt / EBITDA
Leverage against operating earnings
1.92x
6.12x
Cash and equivalents
Liquid reserves on the balance sheet
$851.50M
$591.00K
Total debt
Interest-bearing obligations outstanding
$1.56B
$3.45B
Comparable set
Where the pair sits against the wider comparable set.
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