FEDERAL AGRIC MTG CORP-CL C (AGM) Stock Fundamental Analysis
USA - NYSE:AGM - US3131483063 - Common Stock
187.85 USD
+1.98 (+1.07%)
187.85 USD
0 (0%)
Taking everything into account, AGM scores 4 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 decent growth rate and is not valued too expensively. Finally AGM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year AGM was profitable.
In the past year AGM had a positive cash flow from operations.
Each year in the past 5 years AGM has been profitable.
AGM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of AGM (0.56%) is worse than 62.38% of its industry peers.
AGM's Return On Equity of 12.06% is fine compared to the rest of the industry. AGM outperforms 62.38% of its industry peers.
The Return On Invested Capital of AGM (0.92%) is worse than 61.39% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AGM is significantly below the industry average of 7.65%.
| 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 has a Profit Margin (11.76%) which is in line with its industry peers.
AGM's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 16.38%, AGM is doing good in the industry, outperforming 60.40% of the companies in the same industry.
In the last couple of years the Operating Margin of AGM has declined.
AGM has a Gross Margin of 24.32%. This is in the lower half of the industry: AGM underperforms 60.40% of its industry peers.
In the last couple of years the Gross Margin of AGM has declined.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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.
Compared to 1 year ago, AGM has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.18, we must say that AGM is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of AGM (-0.18) is worse than 68.32% of its industry peers.
The Debt to FCF ratio of AGM is 137.43, which is on the high side as it means it would take AGM, 137.43 years of fcf income to pay off all of its debts.
AGM's Debt to FCF ratio of 137.43 is in line compared to the rest of the industry. AGM outperforms 41.58% of its industry peers.
AGM has a Debt/Equity ratio of 13.42. This is a high value indicating a heavy dependency on external financing.
AGM has a Debt to Equity ratio of 13.42. This is amonst the worse of the industry: AGM underperforms 89.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 13.42 | ||
| Debt/FCF | 137.43 | ||
| Altman-Z | -0.18 |
ROIC/WACC0.29
WACC3.19%
2.3 Liquidity
A Current Ratio of 0.14 indicates that AGM may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.14, AGM is doing worse than 77.23% of the companies in the same industry.
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's Quick ratio of 0.14 is on the low side compared to the rest of the industry. AGM is outperformed by 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.
The Earnings Per Share has been growing by 12.47% on average over the past years. This is quite good.
AGM shows a small growth in Revenue. In the last year, the Revenue has grown by 3.39%.
The Revenue has been growing by 19.96% on average over the past years. This is quite good.
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
AGM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.64% yearly.
The Revenue is expected to grow by 9.69% on average over the next years. This is quite good.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
With a Price/Earnings ratio of 11.33, the valuation of AGM can be described as very reasonable.
Based on the Price/Earnings ratio, AGM is valued a bit cheaper than the industry average as 65.35% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AGM to the average of the S&P500 Index (27.41), we can say AGM is valued rather cheaply.
AGM is valuated reasonably with a Price/Forward Earnings ratio of 9.50.
63.37% of the companies in the same industry are more expensive than AGM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.88, AGM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.33 | ||
| Fwd PE | 9.5 |
4.2 Price Multiples
AGM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AGM is cheaper than 78.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.1 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.83
PEG (5Y)0.91
EPS Next 2Y12.38%
EPS Next 3Y10.64%
5. Dividend
5.1 Amount
AGM has a Yearly Dividend Yield of 6.10%, which is a nice return.
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 2.38, 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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)14.69%
Div Incr Years13
Div Non Decr Years15
5.3 Sustainability
AGM pays out 46.23% of its income as dividend. 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%
187.85
+1.98 (+1.07%)
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-5.51%
Market Cap2.05B
Analysts76.67
Price Target230.52 (22.71%)
Short Float %2.35%
Short Ratio2.74
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 | 11.33 | ||
| Fwd PE | 9.5 | ||
| P/S | 1.3 | ||
| P/FCF | 9.1 | ||
| P/OCF | 9.1 | ||
| P/B | 1.33 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | N/A |
EPS(TTM)16.58
EY8.83%
EPS(NY)19.78
Fwd EY10.53%
FCF(TTM)20.64
FCFY10.99%
OCF(TTM)20.64
OCFY10.99%
SpS144.92
BVpS141.29
TBVpS141.29
PEG (NY)0.83
PEG (5Y)0.91
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 | -0.18 |
F-Score6
WACC3.19%
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