Binah Capital Group (BCG) AI Stock Analysis

• Market Cap: $37.85M
• Dividend Yield: N/A
• Average Volume (3M): 59.48K
• Price to Earnings (P/E): 58.9
• Beta (1Y): 0.53
• Revenue Growth: -37.08%
• EPS Growth: N/A
• Country: US
• Employees: 150
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.08
• Shares Outstanding: 16,602,460
• 10 Day Avg. Volume: 109,964
• 30 Day Avg. Volume: 59,482
• PEG Ratio: <0.01
• Price to Book (P/B): 39.63
• Price to Sales (P/S): 0.30
• P/FCF Ratio: -69.49
• Enterprise Value/Market Cap: 1.49
• Enterprise Value/Revenue: 0.32
• Enterprise Value/Gross Profit: 4.86
• Enterprise Value/Ebitda: 9.38
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: $2.50 ▼(-4.94% Downside)

The score is driven primarily by improving financial performance (TTM rebound in revenue, profitability, cash flow, and balance-sheet repair), supported by a constructive technical trend. This is tempered by a demanding valuation (P/E 67.7) and ongoing risks from thin margins and historically volatile leverage/cash flow.

Positive Factors

Revenue and Profitability Rebound

A multi-quarter recovery to positive EBIT/EBITDA and net income reflects a structural improvement in core operations and fee generation. Sustained profitability enables reinvestment in product capability and client service, improving long-term competitiveness and resilience.

Strengthening Cash Generation

Material free-cash-flow improvement and positive operating cash flow support internal funding of growth and reduce reliance on external capital. Higher and repeatable FCF strengthens liquidity and strategic optionality for investments or debt reduction over the medium term.

Balance-Sheet Repair

Meaningful reduction in debt alongside a large equity build materially lowers leverage and financial fragility. Improved capitalization increases runway, reduces refinancing risk, and affords steadier support for asset-management operations through market cycles.

Negative Factors

Very Thin Profit Margins

Sub-1% net margins leave limited buffer against revenue shocks and rising costs. Asset-management fee models can compress quickly; with such thin margins the firm risks swings to unprofitability from modest AUM or fee pressure, constraining durable cash-flow quality.

Historic Leverage and Cash-Flow Volatility

Prior periods of extreme leverage and a move back to cash burn show earnings and cash generation can be cyclical. This structural volatility raises refinancing and operational risk, requiring sustained performance to avoid recurring balance-sheet stress.

Uneven Top-Line Trend

Large historical revenue decline indicates inconsistent client flows or AUM volatility, which undermines predictable management fees. Without more stable top-line growth, long-term margin expansion and investment planning remain uncertain, limiting durable earnings visibility.

Binah Capital Group Business Overview & Revenue Model

Company Description

Binah Capital Group, Inc., together with its subsidiaries, operates in the wealth management industry. The company provides access to stock, bond, exchange-traded fund, and options execution services; and research, compliance, supervision, and accounting and related services for financial advisors. It also offers mutual funds and insurance products, as well as alternative investments, such as non-traded real estate investment trusts, unit trusts, and fixed and variable annuities. The company was founded in 2016 and is headquartered in Albany, New York. Binah Capital Group, Inc. operates as a subsidiary of MHC Securities, LLC.

How the Company Makes Money

Binah Capital Group generates revenue primarily through management fees and performance-based fees associated with its investment funds and portfolios. These fees are typically a percentage of the assets under management (AUM) and can vary based on the investment strategy and client agreements. Additionally, BCG earns income from advisory services provided to clients, which may include consultancy fees for strategic financial planning, market analysis, and transaction advisory. The company also benefits from partnerships with financial institutions, enabling access to a broader client base and potential co-investment opportunities, further enhancing its revenue streams.

Binah Capital Group Financial Statement Overview

Summary

TTM results show a strong rebound (revenue up sharply and a return to positive EBIT/EBITDA and net income) alongside improved free cash flow and lower debt with higher equity. Offsetting this, profitability remains very thin (net margin ~0.6%) and the company has a recent history of losses, leverage stress, and cash-flow volatility.

Income Statement

TTM (Trailing-Twelve-Months) shows a clear rebound with revenue up sharply (about +217%) and a return to profitability (positive EBIT/EBITDA and net income). That said, profitability is still thin (net margin ~0.6%), and results have been uneven historically, including a sizable net loss in 2024 despite modest revenue growth.

Balance Sheet

Leverage improved meaningfully versus prior years: debt declined (from ~$42.5M in 2023 to ~$26.8M in TTM) while equity increased substantially (from ~$1.2M in 2024 to ~$18.1M in TTM), reducing balance-sheet stress. However, the company has a track record of very high leverage (e.g., debt-to-equity >20x in 2024 and ~8x in 2022–2023), which signals elevated financial risk through the cycle.

Cash Flow

Cash generation strengthened in TTM (operating cash flow ~$3.8M; free cash flow ~$3.7M) with strong free-cash-flow growth (~+46.6%), supporting the turnaround narrative. The main concern is volatility: cash flow was negative in 2024, indicating the business can swing between cash generation and cash burn.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	176.76M	164.39M	159.86M	172.40M	167.28M	110.43M
Gross Profit	11.60M	11.91M	10.30M	12.53M	12.29M	9.09M
EBITDA	6.01M	1.90M	6.82M	6.33M	6.52M	1.06M
Net Income	1.04M	-5.29M	571.00K	911.00K	2.79M	-3.39M
Balance Sheet
Total Assets	67.56M	66.68M	67.41M	68.68M	74.09M	64.35M
Cash, Cash Equivalents and Short-Term Investments	8.34M	7.49M	7.62M	7.85M	7.32M	6.69M
Total Debt	26.84M	28.82M	42.55M	39.06M	46.65M	40.65M
Total Liabilities	49.47M	65.45M	62.31M	63.79M	67.87M	59.04M
Stockholders Equity	18.10M	1.23M	5.10M	4.90M	6.21M	5.30M
Cash Flow
Free Cash Flow	3.72M	-702.00K	2.47M	5.03M	2.10M	1.58M
Operating Cash Flow	3.84M	-617.00K	2.55M	5.36M	2.53M	2.14M
Investing Cash Flow	-122.00K	-85.00K	-80.00K	-327.00K	-4.99M	-1.00M
Financing Cash Flow	-2.63M	1.57M	-2.70M	-4.51M	3.10M	925.67K

Binah Capital Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.63
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BCG, the sentiment is Neutral. The current price of 2.63 is above the 20-day moving average (MA) of 2.50, above the 50-day MA of 2.46, and above the 200-day MA of 2.11, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 44.51 is Neutral, neither overbought nor oversold. The STOCH value of 17.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BCG.

Binah Capital Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BCG	57 Neutral	$37.85M	58.91	5.87%	―	-37.08%	―
RAND	57 Neutral	―	-2.67	-19.46%	16.23%	-72.52%	-184.36%
MGLD	50 Neutral	$51.38M	-10.88	-18.96%	―	-10.16%	13.49%
RMCO	50 Neutral	$62.38M	-176.07	-2.53%	0.20%	261.58%	-329.41%

Binah Capital Group Corporate Events

Binah Capital Group Unveils Investor Presentation at NobleCon21

On December 1, 2025, Binah Capital Group announced an investor presentation to be used at the NobleCon21 conference and in future investor meetings. This presentation aims to provide insights into the company’s strategies and market positioning, potentially impacting its engagement with investors and analysts.

The most recent analyst rating on (BCG) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Binah Capital Group stock, see the BCG Stock Forecast page.