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 101 industry peers in the Financial Services industry. Both the profitability and financial health of AGM have multiple concerns. AGM has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AGM had positive earnings in the past year.
In the past year AGM had a positive cash flow from operations.
AGM had positive earnings in 4 of the past 5 years.
In multiple years AGM reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of AGM (0.56%) is worse than 67.33% of its industry peers.
AGM has a Return On Equity (11.65%) which is in line with its industry peers.
AGM's Return On Invested Capital of 0.98% is on the low side compared to the rest of the industry. AGM is outperformed by 60.40% of its industry peers.
AGM had an Average Return On Invested Capital over the past 3 years of 0.84%. This is significantly below the industry average of 7.75%.
The 3 year average ROIC (0.84%) for AGM is below the current ROIC(0.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 11.65% | ||
| ROIC | 0.98% |
ROA(3y)0.53%
ROA(5y)0.48%
ROE(3y)11.1%
ROE(5y)10.92%
ROIC(3y)0.84%
ROIC(5y)0.85%
1.3 Margins
With a Profit Margin value of 10.94%, AGM perfoms like the industry average, outperforming 49.51% of the companies in the same industry.
AGM's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 16.21%, AGM is in line with its industry, outperforming 54.46% of the companies in the same industry.
AGM's Operating Margin has declined in the last couple of years.
AGM has a Gross Margin (22.92%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of AGM has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.21% | ||
| PM (TTM) | 10.94% | ||
| GM | 22.92% |
OM growth 3Y-13.73%
OM growth 5Y-6.87%
PM growth 3Y-12.69%
PM growth 5Y-6.57%
GM growth 3Y-15.48%
GM growth 5Y-6.51%
2. Health
2.1 Basic Checks
AGM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of -0.19, we must say that AGM is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.19, AGM is doing worse than 66.34% of the companies in the same industry.
The Debt to FCF ratio of AGM is 393.56, which is on the high side as it means it would take AGM, 393.56 years of fcf income to pay off all of its debts.
AGM has a worse Debt to FCF ratio (393.56) than 62.38% of its industry peers.
AGM has a Debt/Equity ratio of 12.86. This is a high value indicating a heavy dependency on external financing.
AGM has a worse Debt to Equity ratio (12.86) than 92.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.86 | ||
| Debt/FCF | 393.56 | ||
| Altman-Z | -0.19 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AGM has a Current Ratio of 0.12. 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 0.12 is on the low side compared to the rest of the industry. AGM is outperformed by 75.25% of its industry peers.
A Quick Ratio of 0.12 indicates that AGM may have some problems paying its short term obligations.
The Quick ratio of AGM (0.12) is worse than 75.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.34% over the past year.
AGM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.91% yearly.
AGM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.06%.
Measured over the past years, AGM shows a very strong growth in Revenue. The Revenue has been growing by 20.66% on average per year.
EPS 1Y (TTM)7.34%
EPS 3Y18.77%
EPS 5Y14.91%
EPS Q2Q%-0.73%
Revenue 1Y (TTM)19.06%
Revenue growth 3Y39.87%
Revenue growth 5Y20.66%
Sales Q2Q%-6.88%
3.2 Future
AGM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.68% yearly.
Based on estimates for the next years, AGM will show a small growth in Revenue. The Revenue will grow by 4.63% on average per year.
EPS Next Y2.36%
EPS Next 2Y6.66%
EPS Next 3Y6.68%
EPS Next 5YN/A
Revenue Next Year4.21%
Revenue Next 2Y5.43%
Revenue Next 3Y4.63%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 13.18, which 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 60.40% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.63. AGM is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 11.69, which indicates a very decent valuation of AGM.
AGM's Price/Forward Earnings ratio is in line with the industry average.
AGM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.18 | ||
| Fwd PE | 11.69 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AGM is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.03 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AGM does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.6
PEG (5Y)0.88
EPS Next 2Y6.66%
EPS Next 3Y6.68%
5. Dividend
5.1 Amount
AGM has a Yearly Dividend Yield of 2.86%.
AGM's Dividend Yield is a higher than the industry average which is at 3.84.
Compared to an average S&P500 Dividend Yield of 2.29, AGM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
On average, the dividend of AGM grows each year by 14.74%, 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)14.74%
Div Incr Years13
Div Non Decr Years15
5.3 Sustainability
49.74% 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.
DP49.74%
EPS Next 2Y6.66%
EPS Next 3Y6.68%
208.09
+12.42 (+6.35%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners82.04%
Inst Owner Change2.74%
Ins Owners1.45%
Ins Owner Change-4.48%
Market Cap2.27B
Analysts76.67
Price Target222.36 (6.86%)
Short Float %1.75%
Short Ratio4.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
Yearly Dividend6.85
Dividend Growth(5Y)14.74%
DP49.74%
Div Incr Years13
Div Non Decr Years15
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.61%
Min EPS beat(2)-11.91%
Max EPS beat(2)-1.31%
EPS beat(4)1
Avg EPS beat(4)-4.08%
Min EPS beat(4)-11.91%
Max EPS beat(4)0.31%
EPS beat(8)5
Avg EPS beat(8)4.26%
EPS beat(12)7
Avg EPS beat(12)2.6%
EPS beat(16)9
Avg EPS beat(16)2.48%
Revenue beat(2)0
Avg Revenue beat(2)-2.92%
Min Revenue beat(2)-3.04%
Max Revenue beat(2)-2.79%
Revenue beat(4)0
Avg Revenue beat(4)-3.75%
Min Revenue beat(4)-4.79%
Max Revenue beat(4)-2.79%
Revenue beat(8)4
Avg Revenue beat(8)36.92%
Revenue beat(12)8
Avg Revenue beat(12)62.49%
Revenue beat(16)12
Avg Revenue beat(16)70.04%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.18 | ||
| Fwd PE | 11.69 | ||
| P/S | 1.45 | ||
| P/FCF | 31.03 | ||
| P/OCF | 28.94 | ||
| P/B | 1.55 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | N/A |
EPS(TTM)15.79
EY7.59%
EPS(NY)17.8
Fwd EY8.56%
FCF(TTM)6.71
FCFY3.22%
OCF(TTM)7.19
OCFY3.46%
SpS143.06
BVpS134.28
TBVpS134.28
PEG (NY)5.6
PEG (5Y)0.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 11.65% | ||
| ROCE | 1.24% | ||
| ROIC | 0.98% | ||
| ROICexc | 1.02% | ||
| ROICexgc | 1.02% | ||
| OM | 16.21% | ||
| PM (TTM) | 10.94% | ||
| GM | 22.92% | ||
| FCFM | 4.69% |
ROA(3y)0.53%
ROA(5y)0.48%
ROE(3y)11.1%
ROE(5y)10.92%
ROIC(3y)0.84%
ROIC(5y)0.85%
ROICexc(3y)0.88%
ROICexc(5y)0.9%
ROICexgc(3y)0.88%
ROICexgc(5y)0.9%
ROCE(3y)1.07%
ROCE(5y)1.08%
ROICexcg growth 3Y2.57%
ROICexcg growth 5Y-1.66%
ROICexc growth 3Y2.55%
ROICexc growth 5Y-1.68%
OM growth 3Y-13.73%
OM growth 5Y-6.87%
PM growth 3Y-12.69%
PM growth 5Y-6.57%
GM growth 3Y-15.48%
GM growth 5Y-6.51%
F-Score5
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.86 | ||
| Debt/FCF | 393.56 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 42.86% | ||
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 | ||
| Altman-Z | -0.19 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)381.71%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.34%
EPS 3Y18.77%
EPS 5Y14.91%
EPS Q2Q%-0.73%
EPS Next Y2.36%
EPS Next 2Y6.66%
EPS Next 3Y6.68%
EPS Next 5YN/A
Revenue 1Y (TTM)19.06%
Revenue growth 3Y39.87%
Revenue growth 5Y20.66%
Sales Q2Q%-6.88%
Revenue Next Year4.21%
Revenue Next 2Y5.43%
Revenue Next 3Y4.63%
Revenue Next 5YN/A
EBIT growth 1Y4.38%
EBIT growth 3Y20.67%
EBIT growth 5Y12.38%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-89.71%
FCF growth 3YN/A
FCF growth 5Y13.44%
OCF growth 1Y-88.96%
OCF growth 3YN/A
OCF growth 5Y13.44%