AGNC INVESTMENT CORP (AGNC) Stock Fundamental Analysis
USA - NASDAQ:AGNC - US00123Q1040 - REIT
9.99 USD
+0.07 (+0.71%)
9.9805 USD
-0.01 (-0.1%)
Overall AGNC gets a fundamental rating of 3 out of 10. We evaluated AGNC against 66 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. AGNC has a medium profitability rating, but doesn't score so well on its financial health evaluation. AGNC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year AGNC was profitable.
In the past year AGNC had a positive cash flow from operations.
In multiple years AGNC reported negative net income over the last 5 years.
Of the past 5 years AGNC 4 years had a positive operating cash flow.
1.2 Ratios
AGNC has a Return On Assets (0.23%) which is comparable to the rest of the industry.
With a Return On Equity value of 2.28%, AGNC perfoms like the industry average, outperforming 56.06% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 0.30%, AGNC is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 2.28% | ||
| ROIC | 0.3% |
ROA(3y)-0.54%
ROA(5y)-0.22%
ROE(3y)-2.86%
ROE(5y)-1.11%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AGNC has a Profit Margin of 6.92%. This is in the better half of the industry: AGNC outperforms 68.18% of its industry peers.
AGNC's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 11.08%, AGNC is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of AGNC has remained more or less at the same level.
The Gross Margin of AGNC (14.54%) is comparable to the rest of the industry.
AGNC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.08% | ||
| PM (TTM) | 6.92% | ||
| GM | 14.54% |
OM growth 3Y-35.43%
OM growth 5Y-1.27%
PM growth 3Y-35.92%
PM growth 5Y-2.73%
GM growth 3Y-35.24%
GM growth 5Y-1.15%
2. Health
2.1 Basic Checks
The number of shares outstanding for AGNC has been increased compared to 1 year ago.
AGNC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AGNC is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -1.08, we must say that AGNC is in the distress zone and has some risk of bankruptcy.
AGNC's Altman-Z score of -1.08 is on the low side compared to the rest of the industry. AGNC is outperformed by 93.94% of its industry peers.
The Debt to FCF ratio of AGNC is 197.64, which is on the high side as it means it would take AGNC, 197.64 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AGNC (197.64) is worse than 69.70% of its industry peers.
A Debt/Equity ratio of 8.75 is on the high side and indicates that AGNC has dependencies on debt financing.
With a Debt to Equity ratio value of 8.75, AGNC is not doing good in the industry: 80.30% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.75 | ||
| Debt/FCF | 197.64 | ||
| Altman-Z | -1.08 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.01 indicates that AGNC may have some problems paying its short term obligations.
The Current ratio of AGNC (0.01) is worse than 90.91% of its industry peers.
AGNC has a Quick Ratio of 0.01. This is a bad value and indicates that AGNC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of AGNC (0.01) is worse than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.01 | ||
| Quick Ratio | 0.01 |
3. Growth
3.1 Past
AGNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.36%.
Measured over the past years, AGNC shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.52% on average per year.
Looking at the last year, AGNC shows a small growth in Revenue. The Revenue has grown by 6.76% in the last year.
The Revenue has been growing slightly by 5.98% on average over the past years.
EPS 1Y (TTM)-31.36%
EPS 3Y-14.16%
EPS 5Y-2.52%
EPS Q2Q%-28.3%
Revenue 1Y (TTM)6.76%
Revenue growth 3Y62.37%
Revenue growth 5Y5.98%
Sales Q2Q%5500%
3.2 Future
AGNC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.91% yearly.
Based on estimates for the next years, AGNC will show a very strong growth in Revenue. The Revenue will grow by 207.05% on average per year.
EPS Next Y-15.16%
EPS Next 2Y-6.67%
EPS Next 3Y-5.91%
EPS Next 5YN/A
Revenue Next Year1542.52%
Revenue Next 2Y410.33%
Revenue Next 3Y207.05%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.17, the valuation of AGNC can be described as very cheap.
89.39% of the companies in the same industry are more expensive than AGNC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of AGNC to the average of the S&P500 Index (27.40), we can say AGNC is valued rather cheaply.
The Price/Forward Earnings ratio is 6.01, which indicates a rather cheap valuation of AGNC.
90.91% of the companies in the same industry are more expensive than AGNC, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.94. AGNC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.17 | ||
| Fwd PE | 6.01 |
4.2 Price Multiples
AGNC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.98 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as AGNC's earnings are expected to decrease with -5.91% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-6.67%
EPS Next 3Y-5.91%
5. Dividend
5.1 Amount
AGNC has a Yearly Dividend Yield of 14.52%, which is a nice return.
Compared to an average industry Dividend Yield of 12.72, AGNC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, AGNC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.52% |
5.2 History
The dividend of AGNC decreases each year by -5.92%.
AGNC has paid a dividend for at least 10 years, which is a reliable track record.
AGNC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-5.92%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
AGNC pays out 602.97% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of AGNC has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP602.97%
EPS Next 2Y-6.67%
EPS Next 3Y-5.91%
9.99
+0.07 (+0.71%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners43.07%
Inst Owner Change0.05%
Ins Owners0.36%
Ins Owner Change-3.08%
Market Cap10.52B
Analysts78.1
Price Target9.96 (-0.3%)
Short Float %5.18%
Short Ratio2.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.52% |
Yearly Dividend1.56
Dividend Growth(5Y)-5.92%
DP602.97%
Div Incr Years1
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.93%
Min EPS beat(2)-9.32%
Max EPS beat(2)7.47%
EPS beat(4)1
Avg EPS beat(4)-8.08%
Min EPS beat(4)-15.95%
Max EPS beat(4)7.47%
EPS beat(8)2
Avg EPS beat(8)-4.35%
EPS beat(12)6
Avg EPS beat(12)0.44%
EPS beat(16)10
Avg EPS beat(16)4.9%
Revenue beat(2)0
Avg Revenue beat(2)-55.29%
Min Revenue beat(2)-58.55%
Max Revenue beat(2)-52.02%
Revenue beat(4)0
Avg Revenue beat(4)-72.78%
Min Revenue beat(4)-133.13%
Max Revenue beat(4)-47.42%
Revenue beat(8)0
Avg Revenue beat(8)-90.31%
Revenue beat(12)1
Avg Revenue beat(12)-78.9%
Revenue beat(16)1
Avg Revenue beat(16)-96.7%
PT rev (1m)0.23%
PT rev (3m)2.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.82%
EPS NY rev (1m)0.54%
EPS NY rev (3m)-4.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-20.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-21.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.17 | ||
| Fwd PE | 6.01 | ||
| P/S | 3.08 | ||
| P/FCF | 22.98 | ||
| P/OCF | 22.98 | ||
| P/B | 1.02 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.62
EY16.22%
EPS(NY)1.66
Fwd EY16.65%
FCF(TTM)0.43
FCFY4.35%
OCF(TTM)0.43
OCFY4.35%
SpS3.24
BVpS9.82
TBVpS9.32
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.23% | ||
| ROE | 2.28% | ||
| ROCE | 3.6% | ||
| ROIC | 0.3% | ||
| ROICexc | 0.3% | ||
| ROICexgc | 0.3% | ||
| OM | 11.08% | ||
| PM (TTM) | 6.92% | ||
| GM | 14.54% | ||
| FCFM | 13.42% |
ROA(3y)-0.54%
ROA(5y)-0.22%
ROE(3y)-2.86%
ROE(5y)-1.11%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-4.26%
ROICexcg growth 5Y9.59%
ROICexc growth 3Y-4.07%
ROICexc growth 5Y9.52%
OM growth 3Y-35.43%
OM growth 5Y-1.27%
PM growth 3Y-35.92%
PM growth 5Y-2.73%
GM growth 3Y-35.24%
GM growth 5Y-1.15%
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.75 | ||
| Debt/FCF | 197.64 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 194.07% | ||
| Current Ratio | 0.01 | ||
| Quick Ratio | 0.01 | ||
| Altman-Z | -1.08 |
F-Score4
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)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-31.36%
EPS 3Y-14.16%
EPS 5Y-2.52%
EPS Q2Q%-28.3%
EPS Next Y-15.16%
EPS Next 2Y-6.67%
EPS Next 3Y-5.91%
EPS Next 5YN/A
Revenue 1Y (TTM)6.76%
Revenue growth 3Y62.37%
Revenue growth 5Y5.98%
Sales Q2Q%5500%
Revenue Next Year1542.52%
Revenue Next 2Y410.33%
Revenue Next 3Y207.05%
Revenue Next 5YN/A
EBIT growth 1Y-8.92%
EBIT growth 3Y4.84%
EBIT growth 5Y4.64%
EBIT Next Year33.61%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y60.7%
FCF growth 3Y-61.78%
FCF growth 5Y-40.77%
OCF growth 1Y60.7%
OCF growth 3Y-61.78%
OCF growth 5Y-40.77%