COMP <GO>
PIPR vs BGC // EV/EBITDA & P/E VALUATION
Piper Sandler Companies (NYSE) VS. BGC Group Inc. (Class A) (NASDAQ) • 15-METRIC TALLY: PIPR 7
— BGC 2
■ METRIC PARITY
LAST: $68.72 (+2.63%) • MKT CAP: $4.86B
valuation
12.0x
LAST: $11.42 (-0.17%) • MKT CAP: $5.32B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (PIPR VS. BGC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | PIPR | BGC | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 18.30% | 15.10% | +3.20 | PIPR | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 12.0x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 10.38% | 7.00% | +3.38 | PIPR | /fcf-yield <GO> |
| Operating Margin | 18.70% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 15.30% | 6.00% | +9.30 | PIPR | /net-margins <GO> |
| Revenue Growth (YoY) | 21.70% | 34.70% | -13.00 | BGC | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.35% | 0.73% | +1.62 | PIPR | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 6/9 | +3.00 | PIPR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 55.1 | 40.4 | +14.72 | PIPR | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.99 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 14.5x | 30.5x | -16.00 | PIPR | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.86B | $5.32B | -$467.3M | BGC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | PIPR REV | BGC REV | PIPR GROSS % | BGC GROSS % | PIPR FCF | BGC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.83B | $2.44B | — | — | $504.1M | $372.9M |
| FY 2024 | $1.51B | $1.81B | — | — | $245.5M | $285.7M |
| FY 2023 | $1.30B | $1.61B | — | — | $217.1M | $405.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
PIPR // BETA 0.99
BGC // BETA —