BGC Group, Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $480M normalized FCF base (TTM FCF of $484.40M); 6% annual FCF growth for years 1-5; 4% for years 6-10; 10% discount rate; 3% terminal growth; $1.12B net debt; 475.47M shares outstanding.

Reasoning: BGC Group is a profitable financial-markets brokerage and technology company with steady fee- and commission-based cash generation, so its actual trailing FCF is a reasonable base; a 10% discount rate and mid-single-digit growth reflect its established institutional brokerage franchise, with net debt subtracted.