FEDERAL AGRIC MTG CORP-CL C (AGM) Stock Fundamental Analysis
USA - NYSE:AGM - US3131483063 - Common Stock
196.83 USD
-0.96 (-0.49%)
196.83 USD
0 (0%)
AGM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 101 industry peers in the Financial Services industry. AGM may be in some trouble as it scores bad on both profitability and health. AGM has a correct valuation and a medium growth rate. Finally AGM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
AGM had positive earnings in the past year.
AGM had a positive operating cash flow in the past year.
In the past 5 years AGM has always been profitable.
AGM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
AGM has a worse Return On Assets (0.56%) than 62.38% of its industry peers.
AGM has a better Return On Equity (12.06%) than 62.38% of its industry peers.
With a Return On Invested Capital value of 0.92%, AGM is not doing good in the industry: 61.39% of the companies in the same industry are doing better.
AGM had an Average Return On Invested Capital over the past 3 years of 0.93%. This is significantly below the industry average of 7.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 12.06% | ||
| ROIC | 0.92% |
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's Profit Margin of 11.76% is in line compared to the rest of the industry. AGM outperforms 53.47% of its industry peers.
In the last couple of years the Profit Margin of AGM has declined.
Looking at the Operating Margin, with a value of 16.38%, AGM is in the better half of the industry, outperforming 60.40% of the companies in the same industry.
AGM's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 24.32%, AGM is doing worse than 60.40% of the companies in the same industry.
AGM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.38% | ||
| PM (TTM) | 11.76% | ||
| GM | 24.32% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AGM is destroying value.
Compared to 1 year ago, AGM has more shares outstanding
AGM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for AGM has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.17, we must say that AGM is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of AGM (-0.17) is worse than 68.32% of its industry peers.
AGM has a debt to FCF ratio of 137.43. This is a negative value and a sign of low solvency as AGM would need 137.43 years to pay back of all of its debts.
With a Debt to FCF ratio value of 137.43, AGM perfoms like the industry average, outperforming 41.58% of the companies in the same industry.
AGM has a Debt/Equity ratio of 13.42. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 13.42, AGM is doing worse than 89.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 13.42 | ||
| Debt/FCF | 137.43 | ||
| Altman-Z | -0.17 |
ROIC/WACC0.29
WACC3.23%
2.3 Liquidity
A Current Ratio of 0.14 indicates that AGM may have some problems paying its short term obligations.
AGM has a Current ratio of 0.14. This is in the lower half of the industry: AGM underperforms 77.23% of its industry peers.
AGM has a Quick 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 has a worse Quick ratio (0.14) than 77.23% 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 has been growing slightly by 4.80% over the past year.
Measured over the past years, AGM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.47% on average per year.
The Revenue has been growing slightly by 3.39% in the past year.
Measured over the past years, AGM shows a quite strong growth in Revenue. The Revenue has been growing by 19.96% on average per year.
EPS 1Y (TTM)4.8%
EPS 3Y14.36%
EPS 5Y12.47%
EPS Q2Q%19.01%
Revenue 1Y (TTM)3.39%
Revenue growth 3Y54.74%
Revenue growth 5Y19.96%
Sales Q2Q%14.21%
3.2 Future
Based on estimates for the next years, AGM will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.64% on average per year.
AGM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.69% yearly.
EPS Next Y13.71%
EPS Next 2Y12.38%
EPS Next 3Y10.64%
EPS Next 5YN/A
Revenue Next Year10.7%
Revenue Next 2Y9.69%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AGM is valuated reasonably with a Price/Earnings ratio of 11.87.
Compared to the rest of the industry, the Price/Earnings ratio of AGM indicates a somewhat cheap valuation: AGM is cheaper than 64.36% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of AGM to the average of the S&P500 Index (27.30), we can say AGM is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.95, the valuation of AGM can be described as reasonable.
Based on the Price/Forward Earnings ratio, AGM is valued a bit cheaper than 60.40% of the companies in the same industry.
AGM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.87 | ||
| Fwd PE | 9.95 |
4.2 Price Multiples
77.23% of the companies in the same industry are more expensive than AGM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.54 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AGM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.87
PEG (5Y)0.95
EPS Next 2Y12.38%
EPS Next 3Y10.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.10%, AGM is a good candidate for dividend investing.
AGM's Dividend Yield is rather good when compared to the industry average which is at 4.86. AGM pays more dividend than 87.13% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, AGM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.1% |
5.2 History
On average, the dividend of AGM grows each year by 14.69%, which is quite nice.
AGM has been paying a dividend for at least 10 years, so it has 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
46.23% of the earnings are spent on dividend by AGM. 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.
DP46.23%
EPS Next 2Y12.38%
EPS Next 3Y10.64%
196.83
-0.96 (-0.49%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners81.85%
Inst Owner Change-0.46%
Ins Owners1.3%
Ins Owner Change-5.26%
Market Cap2.15B
Analysts76.67
Price Target230.52 (17.12%)
Short Float %2.12%
Short Ratio2.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.1% |
Yearly Dividend7.92
Dividend Growth(5Y)14.69%
DP46.23%
Div Incr Years13
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.94%
Min EPS beat(2)-0.3%
Max EPS beat(2)2.18%
EPS beat(4)1
Avg EPS beat(4)-1.31%
Min EPS beat(4)-5.81%
Max EPS beat(4)2.18%
EPS beat(8)3
Avg EPS beat(8)-2.27%
EPS beat(12)7
Avg EPS beat(12)2.91%
EPS beat(16)8
Avg EPS beat(16)1.48%
Revenue beat(2)1
Avg Revenue beat(2)1.24%
Min Revenue beat(2)-2.77%
Max Revenue beat(2)5.24%
Revenue beat(4)2
Avg Revenue beat(4)0.92%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)5.24%
Revenue beat(8)3
Avg Revenue beat(8)0.39%
Revenue beat(12)7
Avg Revenue beat(12)41.04%
Revenue beat(16)11
Avg Revenue beat(16)51.9%
PT rev (1m)1.8%
PT rev (3m)1.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.8%
EPS NY rev (1m)1.22%
EPS NY rev (3m)1.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.87%
Revenue NY rev (1m)2.51%
Revenue NY rev (3m)2.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.87 | ||
| Fwd PE | 9.95 | ||
| P/S | 1.36 | ||
| P/FCF | 9.54 | ||
| P/OCF | 9.53 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | N/A |
EPS(TTM)16.58
EY8.42%
EPS(NY)19.78
Fwd EY10.05%
FCF(TTM)20.64
FCFY10.49%
OCF(TTM)20.64
OCFY10.49%
SpS144.92
BVpS141.29
TBVpS141.29
PEG (NY)0.87
PEG (5Y)0.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 12.06% | ||
| ROCE | 1.16% | ||
| ROIC | 0.92% | ||
| ROICexc | 0.97% | ||
| ROICexgc | 0.97% | ||
| OM | 16.38% | ||
| PM (TTM) | 11.76% | ||
| GM | 24.32% | ||
| FCFM | 14.24% |
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-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 13.42 | ||
| Debt/FCF | 137.43 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 121.07% | ||
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | -0.17 |
F-Score6
WACC3.23%
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)4.8%
EPS 3Y14.36%
EPS 5Y12.47%
EPS Q2Q%19.01%
EPS Next Y13.71%
EPS Next 2Y12.38%
EPS Next 3Y10.64%
EPS Next 5YN/A
Revenue 1Y (TTM)3.39%
Revenue growth 3Y54.74%
Revenue growth 5Y19.96%
Sales Q2Q%14.21%
Revenue Next Year10.7%
Revenue Next 2Y9.69%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y0.15%
EBIT growth 3Y13.94%
EBIT growth 5Y13.8%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-51.28%
FCF growth 3Y11.65%
FCF growth 5YN/A
OCF growth 1Y-51.27%
OCF growth 3Y11.97%
OCF growth 5YN/A