AGNC INVESTMENT CORP (AGNC) Stock Fundamental Analysis
USA - NASDAQ:AGNC - US00123Q1040 - REIT
10.19 USD
+0.01 (+0.1%)
10.19 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to AGNC. AGNC was compared to 62 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 is not valued too expensively and it also shows a decent 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.
The reported net income has been mixed in the past 5 years: AGNC reported negative net income in multiple years.
Of the past 5 years AGNC 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.23%, AGNC perfoms like the industry average, outperforming 53.23% of the companies in the same industry.
AGNC has a Return On Equity of 2.28%. This is comparable to the rest of the industry: AGNC outperforms 53.23% of its industry peers.
AGNC has a Return On Invested Capital (0.30%) which is comparable to the rest of the 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
With a decent Profit Margin value of 6.92%, AGNC is doing good in the industry, outperforming 66.13% of the companies in the same industry.
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 64.52% of the companies in the same industry.
AGNC's Operating Margin has been stable in the last couple of years.
AGNC's Gross Margin of 14.54% is in line compared to the rest of the industry. AGNC outperforms 45.16% of its industry peers.
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.
AGNC has a worse debt/assets ratio than last year.
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.
The Altman-Z score of AGNC (-1.08) is worse than 93.55% 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 67.74% of its industry peers.
AGNC has a Debt/Equity ratio of 8.75. This is a high value indicating a heavy dependency on external financing.
AGNC's Debt to Equity ratio of 8.75 is on the low side compared to the rest of the industry. AGNC is outperformed by 79.03% of its industry peers.
| 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.
AGNC has a Current ratio of 0.01. This is amonst the worse of the industry: AGNC underperforms 90.32% 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 90.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.01 | ||
| Quick Ratio | 0.01 |
3. Growth
3.1 Past
The earnings per share for AGNC have decreased strongly by -31.36% in the last year.
AGNC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.52% yearly.
AGNC shows a small growth in Revenue. In the last year, the Revenue has grown by 6.76%.
Measured over the past years, AGNC shows a small growth in Revenue. The Revenue has been growing by 5.98% on average per year.
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.
The Revenue is expected to grow by 207.05% on average over the next years. This is a very strong growth
EPS Next Y-15.62%
EPS Next 2Y-7.93%
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
AGNC is valuated cheaply with a Price/Earnings ratio of 6.29.
Based on the Price/Earnings ratio, AGNC is valued cheaper than 93.55% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.27. AGNC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.29, the valuation of AGNC can be described as very cheap.
Based on the Price/Forward Earnings ratio, AGNC is valued cheaper than 91.94% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.77, AGNC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.29 | ||
| Fwd PE | 6.29 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AGNC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.44 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AGNC's earnings are expected to decrease with -5.91% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.93%
EPS Next 3Y-5.91%
5. Dividend
5.1 Amount
AGNC has a Yearly Dividend Yield of 14.08%, which is a nice return.
AGNC's Dividend Yield is a higher than the industry average which is at 11.50.
AGNC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.08% |
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-7.93%
EPS Next 3Y-5.91%
10.19
+0.01 (+0.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners38.94%
Inst Owner Change15.98%
Ins Owners0.37%
Ins Owner Change-15.36%
Market Cap10.73B
Analysts78.1
Price Target9.96 (-2.26%)
Short Float %4.46%
Short Ratio2.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.08% |
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)0.6%
EPS NQ rev (3m)-5.23%
EPS NY rev (1m)-4.56%
EPS NY rev (3m)-4.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-20.82%
Revenue NY rev (1m)-21.63%
Revenue NY rev (3m)-21.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.29 | ||
| Fwd PE | 6.29 | ||
| P/S | 3.15 | ||
| P/FCF | 23.44 | ||
| P/OCF | 23.44 | ||
| P/B | 1.04 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.62
EY15.9%
EPS(NY)1.62
Fwd EY15.89%
FCF(TTM)0.43
FCFY4.27%
OCF(TTM)0.43
OCFY4.27%
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-15.62%
EPS Next 2Y-7.93%
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%