AGNC INVESTMENT CORP (AGNC) Stock Fundamental Analysis
USA - NASDAQ:AGNC - US00123Q1040 - REIT
10.1 USD
-0.05 (-0.49%)
10.08 USD
-0.02 (-0.2%)
We assign a fundamental rating of 4 out of 10 to AGNC. AGNC was compared to 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. While AGNC is still in line with the averages on profitability rating, there are concerns on its financial health. AGNC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AGNC had positive earnings in the past year.
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
AGNC has a Return On Assets of 0.63%. This is in the better half of the industry: AGNC outperforms 66.18% of its industry peers.
AGNC has a Return On Equity of 6.00%. This is amongst the best in the industry. AGNC outperforms 86.76% of its industry peers.
AGNC's Return On Invested Capital of 0.62% is fine compared to the rest of the industry. AGNC outperforms 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.63% | ||
| ROE | 6% | ||
| ROIC | 0.62% |
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
The Profit Margin of AGNC (18.05%) is better than 83.82% of its industry peers.
In the last couple of years the Profit Margin of AGNC has declined.
AGNC has a Operating Margin of 22.01%. This is amongst the best in the industry. AGNC outperforms 83.82% of its industry peers.
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 (25.11%) 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 | 22.01% | ||
| PM (TTM) | 18.05% | ||
| GM | 25.11% |
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
Compared to 1 year ago, AGNC has more shares outstanding
The number of shares outstanding for AGNC has been increased compared to 5 years ago.
Compared to 1 year ago, AGNC has a worse debt to assets ratio.
2.2 Solvency
AGNC has an Altman-Z score of -1.04. This is a bad value and indicates that AGNC is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of AGNC (-1.04) is worse than 95.59% of its industry peers.
AGNC has a debt to FCF ratio of 157.31. This is a negative value and a sign of low solvency as AGNC would need 157.31 years to pay back of all of its debts.
AGNC has a Debt to FCF ratio (157.31) which is comparable to the rest of the industry.
AGNC has a Debt/Equity ratio of 8.30. This is a high value indicating a heavy dependency on external financing.
AGNC's Debt to Equity ratio of 8.30 is on the low side compared to the rest of the industry. AGNC is outperformed by 72.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.3 | ||
| Debt/FCF | 157.31 | ||
| Altman-Z | -1.04 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.02 indicates that AGNC may have some problems paying its short term obligations.
AGNC's Current ratio of 0.02 is on the low side compared to the rest of the industry. AGNC is outperformed by 88.24% of its industry peers.
AGNC has a Quick Ratio of 0.02. 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 (0.02) is worse than 88.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.02 |
3. Growth
3.1 Past
AGNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.04%.
The Earnings Per Share has been decreasing by -2.52% on average over the past years.
Looking at the last year, AGNC shows a decrease in Revenue. The Revenue has decreased by -7.48% in the last year.
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)-28.04%
EPS 3Y-14.16%
EPS 5Y-2.52%
EPS Q2Q%-18.6%
Revenue 1Y (TTM)-7.48%
Revenue growth 3Y62.37%
Revenue growth 5Y5.98%
Sales Q2Q%331.25%
3.2 Future
AGNC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -6.06% yearly.
Based on estimates for the next years, AGNC will show a very strong growth in Revenue. The Revenue will grow by 204.03% on average per year.
EPS Next Y-18.27%
EPS Next 2Y-8.5%
EPS Next 3Y-6.06%
EPS Next 5YN/A
Revenue Next Year1514.86%
Revenue Next 2Y416.91%
Revenue Next 3Y204.03%
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.
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
With a Price/Earnings ratio of 6.56, the valuation of AGNC can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of AGNC indicates a rather cheap valuation: AGNC is cheaper than 88.24% of the companies listed in the same industry.
AGNC is valuated cheaply when we compare the Price/Earnings ratio to 25.56, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 6.32, the valuation of AGNC can be described as very cheap.
88.24% of the companies in the same industry are more expensive than AGNC, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, AGNC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.56 | ||
| Fwd PE | 6.32 |
4.2 Price Multiples
AGNC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.61 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of AGNC may justify a higher PE ratio.
AGNC's earnings are expected to decrease with -6.06% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.5%
EPS Next 3Y-6.06%
5. Dividend
5.1 Amount
AGNC has a Yearly Dividend Yield of 14.20%, which is a nice return.
AGNC's Dividend Yield is a higher than the industry average which is at 11.97.
AGNC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.2% |
5.2 History
The dividend of AGNC decreases each year by -5.92%.
AGNC has been paying a dividend for at least 10 years, so it has 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 221.40% 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.
DP221.4%
EPS Next 2Y-8.5%
EPS Next 3Y-6.06%
10.1
-0.05 (-0.49%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners43.07%
Inst Owner Change-16.77%
Ins Owners0.36%
Ins Owner Change-4.93%
Market Cap10.64B
Revenue(TTM)3.81B
Net Income(TTM)687.00M
Analysts77
Price Target10.31 (2.08%)
Short Float %6.12%
Short Ratio3.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.2% |
Yearly Dividend1.56
Dividend Growth(5Y)-5.92%
DP221.4%
Div Incr Years1
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.27%
Min EPS beat(2)-11.21%
Max EPS beat(2)-9.32%
EPS beat(4)1
Avg EPS beat(4)-6.9%
Min EPS beat(4)-14.53%
Max EPS beat(4)7.47%
EPS beat(8)1
Avg EPS beat(8)-6.12%
EPS beat(12)5
Avg EPS beat(12)-2.1%
EPS beat(16)9
Avg EPS beat(16)3.33%
Revenue beat(2)0
Avg Revenue beat(2)-57.51%
Min Revenue beat(2)-58.55%
Max Revenue beat(2)-56.47%
Revenue beat(4)0
Avg Revenue beat(4)-53.62%
Min Revenue beat(4)-58.55%
Max Revenue beat(4)-47.42%
Revenue beat(8)0
Avg Revenue beat(8)-83.53%
Revenue beat(12)1
Avg Revenue beat(12)-66.63%
Revenue beat(16)1
Avg Revenue beat(16)-99.31%
PT rev (1m)3.49%
PT rev (3m)3.73%
EPS NQ rev (1m)-5.41%
EPS NQ rev (3m)-4.4%
EPS NY rev (1m)-3.66%
EPS NY rev (3m)-7.57%
Revenue NQ rev (1m)20.03%
Revenue NQ rev (3m)20.03%
Revenue NY rev (1m)-1.68%
Revenue NY rev (3m)-22.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.56 | ||
| Fwd PE | 6.32 | ||
| P/S | 2.79 | ||
| P/FCF | 17.61 | ||
| P/OCF | 17.61 | ||
| P/B | 0.93 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.54
EY15.25%
EPS(NY)1.6
Fwd EY15.83%
FCF(TTM)0.57
FCFY5.68%
OCF(TTM)0.57
OCFY5.68%
SpS3.61
BVpS10.86
TBVpS10.37
PEG (NY)N/A
PEG (5Y)N/A
Graham Number19.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.63% | ||
| ROE | 6% | ||
| ROCE | 7.23% | ||
| ROIC | 0.62% | ||
| ROICexc | 0.62% | ||
| ROICexgc | 0.63% | ||
| OM | 22.01% | ||
| PM (TTM) | 18.05% | ||
| GM | 25.11% | ||
| FCFM | 15.87% |
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
ROICexgc growth 3Y-4.26%
ROICexgc 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-Score3
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.3 | ||
| Debt/FCF | 157.31 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 87.92% | ||
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.02 | ||
| Altman-Z | -1.04 |
F-Score3
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)-28.04%
EPS 3Y-14.16%
EPS 5Y-2.52%
EPS Q2Q%-18.6%
EPS Next Y-18.27%
EPS Next 2Y-8.5%
EPS Next 3Y-6.06%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.48%
Revenue growth 3Y62.37%
Revenue growth 5Y5.98%
Sales Q2Q%331.25%
Revenue Next Year1514.86%
Revenue Next 2Y416.91%
Revenue Next 3Y204.03%
Revenue Next 5YN/A
EBIT growth 1Y-27.32%
EBIT growth 3Y4.84%
EBIT growth 5Y4.64%
EBIT Next Year33.61%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y8528.57%
FCF growth 3Y-61.78%
FCF growth 5Y-40.77%
OCF growth 1Y8528.57%
OCF growth 3Y-61.78%
OCF growth 5Y-40.77%
AGNC INVESTMENT CORP / AGNC FAQ
Can you provide the ChartMill fundamental rating for AGNC INVESTMENT CORP?
ChartMill assigns a fundamental rating of 4 / 10 to AGNC.
What is the valuation status of AGNC INVESTMENT CORP (AGNC) stock?
ChartMill assigns a valuation rating of 6 / 10 to AGNC INVESTMENT CORP (AGNC). This can be considered as Fairly Valued.
What is the profitability of AGNC stock?
AGNC INVESTMENT CORP (AGNC) has a profitability rating of 6 / 10.
What are the PE and PB ratios of AGNC INVESTMENT CORP (AGNC) stock?
The Price/Earnings (PE) ratio for AGNC INVESTMENT CORP (AGNC) is 6.56 and the Price/Book (PB) ratio is 0.93.
Is the dividend of AGNC INVESTMENT CORP sustainable?
The dividend rating of AGNC INVESTMENT CORP (AGNC) is 5 / 10 and the dividend payout ratio is 221.4%.