Jefferson Capital, Inc. / DE (JCAP) stock analysis
Close on Nov 11, 2026Market cap $1.15BP/E 8.1Yield 4.91%
StockData Score
Prices as of Nov 11, 2026How the score works
Mixed11 of 30 checks passed
Jefferson Capital, Inc. / DE passes 11 of the 30 checks behind our score; 16 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 3/6
- Growth
- 1/6
- Past performance
- 3/6
- Financial health
- 0/6
- Dividend
- 4/6
What stands out
Margin of safety over 20%
The price is 40.5% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $19.94 is below our fair value estimate of $33.52.
Return on capital over 10%
Return on invested capital was 59.3%, above the 10% that usually covers the cost of capital.
P/E below the industry
Jefferson Capital, Inc. / DE's P/E of 8.1 is below the Non-depository Credit Institutions median of 8.6.
What to watch
Interest not well covered
Operating income covers interest expense 2.6 times; we look for at least 5.
Elevated bankruptcy risk
The Altman Z-score is 1.57; above 3 is the safe zone and below 1.8 the distress zone.
P/B above the industry
Jefferson Capital, Inc. / DE's price-to-book of 2.40 is above the Non-depository Credit Institutions median of 0.97.
Valuation3/6
P/E against its history
Not enough price and earnings history to compare.
P/E below the industry
Jefferson Capital, Inc. / DE's P/E of 8.1 is below the Non-depository Credit Institutions median of 8.6.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B above the industry
Jefferson Capital, Inc. / DE's price-to-book of 2.40 is above the Non-depository Credit Institutions median of 0.97.
Trading below fair value
The share price of $19.94 is below our fair value estimate of $33.52.
Margin of safety over 20%
The price is 40.5% below fair value, more than the 20% cushion we look for.
Growth1/6
Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 22.8% over the last twelve months; the Non-depository Credit Institutions median is 19.6%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance3/6
Return on equity
Needs positive equity and five years of results.
Return on capital over 10%
Return on invested capital was 59.3%, above the 10% that usually covers the cost of capital.
Return on equity above the industry
Jefferson Capital, Inc. / DE's return on equity of 35.0% is above the Non-depository Credit Institutions median of 13.1%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin above the industry
Jefferson Capital, Inc. / DE's net margin of 23.5% is above the Non-depository Credit Institutions median of 12.7%.
Financial health0/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt coverage
Needs operating cash flow.
Interest not well covered
Operating income covers interest expense 2.6 times; we look for at least 5.
Short-term liquidity
The balance sheet is not split into current and non-current items.
Elevated bankruptcy risk
The Altman Z-score is 1.57; above 3 is the safe zone and below 1.8 the distress zone.
Dividend4/6
Pays a dividend
Jefferson Capital, Inc. / DE paid dividends worth 4.8% of the share price over the last twelve months.
Yield above Treasuries
The 4.8% yield is above the 4.4% on a 1-year Treasury.
Yield in the top quarter
The top quarter of US dividend payers yield 3.8% or more; Jefferson Capital, Inc. / DE yields 4.8%.
Dividend stability
Fewer than five years of dividend history.
Covered by earnings
Dividends take 39.1% of net income.
Cash-flow cover
Needs dividends paid and free cash flow.
Fair value
How we estimate itOur estimate per share
$33.52
The share price is 41% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 8.6× | – | 8.6× | $20.99 | 44% |
| EV/EBITDA | 8.2× | – | 8.2× | $44.27 | 39% |
| Earnings power | 7.7% cost of equity | – | – | $41.88 | 17% |
| Fair value | $33.52 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- EV/EBITDA at month end
- Non-depository Credit Institutions median 8.2
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $4.64M
- Value traded per 1% price move
- $3.13M
Downside
Medium risk
- Typical loss in a bad month
- 19.4%
- Volatility (annualized)
- 36%
- Sharpe ratio, 1 year
- -0.16
- Beta to the S&P 500 (5Y)
- 0.57
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2023 to 2025
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +41.5% | – | – | – | |
| Operating income | +43.7% | – | – | – | |
| Net income | +45.8% | – | – | – |
Returns and balance sheet
3 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2023 | FY2023 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 43.8% | |
| Interest coverage | 3.4× | 3.4× | 3.0× |
Cash use needs five years of cash flow figures
Jefferson Capital, Inc. / DE does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 30.6% | 0.33× | 4.36× | 43.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$187.97M
- Cash generatingOperating cash flow above zero$268.81M
- Return on assets improvedROA up on the prior year– → 11.4%
- Earnings backed by cashOperating cash flow above net income$268.81M vs $187.97M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise– → 30M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose– → 0.37
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