FEDERAL AGRIC MTG CORP-CL C (AGM) Stock Fundamental Analysis
NYSE:AGM - New York Stock Exchange, Inc. - US3131483063 - Common Stock - Currency: USD
Taking everything into account, AGM scores 3 out of 10 in our fundamental rating. AGM was compared to 100 industry peers in the Financial Services industry. AGM has a bad profitability rating. Also its financial health evaluation is rather negative. AGM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year AGM was profitable.
In the past year AGM had a positive cash flow from operations.
In the past 5 years AGM has always been profitable.
Of the past 5 years AGM 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.56%, AGM is not doing good in the industry: 63.00% of the companies in the same industry are doing better.
AGM has a Return On Equity (11.63%) which is comparable to the rest of the industry.
AGM has a Return On Invested Capital of 0.95%. This is in the lower half of the industry: AGM underperforms 61.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AGM is significantly below the industry average of 11.84%.
The last Return On Invested Capital (0.95%) for AGM is above the 3 year average (0.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 11.63% | ||
| ROIC | 0.95% |
ROA(3y)0.57%
ROA(5y)0.51%
ROE(3y)12.08%
ROE(5y)10.99%
ROIC(3y)0.93%
ROIC(5y)0.88%
1.3 Margins
AGM has a Profit Margin (11.18%) which is comparable to the rest of the industry.
AGM's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 16.00%, AGM is in line with its industry, outperforming 57.00% of the companies in the same industry.
In the last couple of years the Operating Margin of AGM has declined.
AGM's Gross Margin of 23.53% is in line compared to the rest of the industry. AGM outperforms 42.00% of its industry peers.
In the last couple of years the Gross Margin of AGM has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16% | ||
| PM (TTM) | 11.18% | ||
| GM | 23.53% |
OM growth 3Y-26.37%
OM growth 5Y-5.13%
PM growth 3Y-24.1%
PM growth 5Y-4.96%
GM growth 3Y-25.57%
GM growth 5Y-4.51%
2. Health
2.1 Basic Checks
AGM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
AGM has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AGM has less shares outstanding
The debt/assets ratio for AGM has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.18, we must say that AGM is in the distress zone and has some risk of bankruptcy.
AGM has a Altman-Z score of -0.18. This is in the lower half of the industry: AGM underperforms 69.00% of its industry peers.
The Debt to FCF ratio of AGM is 91.67, which is on the high side as it means it would take AGM, 91.67 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AGM (91.67) is comparable to the rest of the industry.
A Debt/Equity ratio of 12.95 is on the high side and indicates that AGM has dependencies on debt financing.
AGM has a Debt to Equity ratio of 12.95. This is amonst the worse of the industry: AGM underperforms 88.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.95 | ||
| Debt/FCF | 91.67 | ||
| Altman-Z | -0.18 |
ROIC/WACC0.29
WACC3.25%
2.3 Liquidity
AGM has a Current Ratio of 0.14. This is a bad value and indicates that AGM is not financially healthy enough and could expect problems in meeting its short term obligations.
AGM's Current ratio of 0.14 is on the low side compared to the rest of the industry. AGM is outperformed by 75.00% of its industry peers.
A Quick Ratio of 0.14 indicates that AGM may have some problems paying its short term obligations.
AGM's Quick ratio of 0.14 is on the low side compared to the rest of the industry. AGM is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
The earnings per share for AGM have decreased by -1.00% in the last year.
AGM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.47% yearly.
Looking at the last year, AGM shows a small growth in Revenue. The Revenue has grown by 7.75% in the last year.
The Revenue has been growing by 19.96% on average over the past years. This is quite good.
EPS 1Y (TTM)-1%
EPS 3Y14.36%
EPS 5Y12.47%
EPS Q2Q%5.81%
Revenue 1Y (TTM)7.75%
Revenue growth 3Y54.74%
Revenue growth 5Y19.96%
Sales Q2Q%3.96%
3.2 Future
AGM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.47% yearly.
AGM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.12% yearly.
EPS Next Y12.33%
EPS Next 2Y11.5%
EPS Next 3Y10.47%
EPS Next 5YN/A
Revenue Next Year7.99%
Revenue Next 2Y8.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.58 indicates a correct valuation of AGM.
Compared to the rest of the industry, the Price/Earnings ratio of AGM indicates a somewhat cheap valuation: AGM is cheaper than 62.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.28, AGM is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.27, the valuation of AGM can be described as reasonable.
AGM's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of AGM to the average of the S&P500 Index (21.76), we can say AGM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 10.27 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, AGM is valued cheaper than 92.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.7 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AGM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.02
PEG (5Y)1.01
EPS Next 2Y11.5%
EPS Next 3Y10.47%
5. Dividend
5.1 Amount
AGM has a Yearly Dividend Yield of 3.03%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.97, AGM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, AGM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
5.2 History
On average, the dividend of AGM grows each year by 14.69%, which is quite nice.
AGM has paid a dividend for at least 10 years, which is a reliable track record.
AGM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)14.69%
Div Incr Years13
Div Non Decr Years15
5.3 Sustainability
AGM pays out 48.51% of its income as dividend. This is a bit on the high side, but may be sustainable.
AGM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP48.51%
EPS Next 2Y11.5%
EPS Next 3Y10.47%
199.89
+4.36 (+2.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners82.09%
Inst Owner Change-2.09%
Ins Owners1.45%
Ins Owner Change-0.06%
Market Cap2.18B
Analysts76.67
Price Target226.44 (13.28%)
Short Float %2%
Short Ratio1.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
Yearly Dividend7.92
Dividend Growth(5Y)14.69%
DP48.51%
Div Incr Years13
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.82%
Min EPS beat(2)-5.81%
Max EPS beat(2)2.18%
EPS beat(4)1
Avg EPS beat(4)-4.21%
Min EPS beat(4)-11.91%
Max EPS beat(4)2.18%
EPS beat(8)4
Avg EPS beat(8)0.06%
EPS beat(12)7
Avg EPS beat(12)2.85%
EPS beat(16)9
Avg EPS beat(16)2%
Revenue beat(2)1
Avg Revenue beat(2)0.62%
Min Revenue beat(2)-2.77%
Max Revenue beat(2)4%
Revenue beat(4)1
Avg Revenue beat(4)-1.15%
Min Revenue beat(4)-3.04%
Max Revenue beat(4)4%
Revenue beat(8)3
Avg Revenue beat(8)0.44%
Revenue beat(12)7
Avg Revenue beat(12)49.96%
Revenue beat(16)11
Avg Revenue beat(16)56.79%
PT rev (1m)-2.2%
PT rev (3m)-2.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.46%
EPS NY rev (1m)0%
EPS NY rev (3m)0.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 10.27 | ||
| P/S | 1.38 | ||
| P/FCF | 6.7 | ||
| P/OCF | 6.63 | ||
| P/B | 1.43 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | N/A |
EPS(TTM)15.89
EY7.95%
EPS(NY)19.47
Fwd EY9.74%
FCF(TTM)29.81
FCFY14.91%
OCF(TTM)30.15
OCFY15.08%
SpS145.24
BVpS139.58
TBVpS139.58
PEG (NY)1.02
PEG (5Y)1.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 11.63% | ||
| ROCE | 1.19% | ||
| ROIC | 0.95% | ||
| ROICexc | 0.99% | ||
| ROICexgc | 1% | ||
| OM | 16% | ||
| PM (TTM) | 11.18% | ||
| GM | 23.53% | ||
| FCFM | 20.53% |
ROA(3y)0.57%
ROA(5y)0.51%
ROE(3y)12.08%
ROE(5y)10.99%
ROIC(3y)0.93%
ROIC(5y)0.88%
ROICexc(3y)0.97%
ROICexc(5y)0.92%
ROICexgc(3y)0.97%
ROICexgc(5y)0.93%
ROCE(3y)1.16%
ROCE(5y)1.1%
ROICexcg growth 3Y9.17%
ROICexcg growth 5Y1.46%
ROICexc growth 3Y9.13%
ROICexc growth 5Y1.45%
OM growth 3Y-26.37%
OM growth 5Y-5.13%
PM growth 3Y-24.1%
PM growth 5Y-4.96%
GM growth 3Y-25.57%
GM growth 5Y-4.51%
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.95 | ||
| Debt/FCF | 91.67 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 183.63% | ||
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | -0.18 |
F-Score7
WACC3.25%
ROIC/WACC0.29
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)363.34%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1%
EPS 3Y14.36%
EPS 5Y12.47%
EPS Q2Q%5.81%
EPS Next Y12.33%
EPS Next 2Y11.5%
EPS Next 3Y10.47%
EPS Next 5YN/A
Revenue 1Y (TTM)7.75%
Revenue growth 3Y54.74%
Revenue growth 5Y19.96%
Sales Q2Q%3.96%
Revenue Next Year7.99%
Revenue Next 2Y8.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-1.03%
EBIT growth 3Y13.94%
EBIT growth 5Y13.8%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-45.74%
FCF growth 3Y11.65%
FCF growth 5YN/A
OCF growth 1Y-45.14%
OCF growth 3Y11.97%
OCF growth 5YN/A