FEDERAL AGRIC MTG CORP-CL C (AGM) Stock Fundamental Analysis
NYSE:AGM - New York Stock Exchange, Inc. - US3131483063 - Common Stock - Currency: USD
AGM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 100 industry peers in the Financial Services industry. Both the profitability and financial health of AGM have multiple concerns. AGM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AGM had positive earnings in the past year.
AGM had a positive operating cash flow in the past year.
In the past 5 years AGM has always been profitable.
Of the past 5 years AGM 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.56%, AGM is not doing good in the industry: 63.00% of the companies in the same industry are doing better.
The Return On Equity of AGM (11.63%) is comparable to the rest of the industry.
AGM has a worse Return On Invested Capital (0.95%) than 61.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AGM is significantly below the industry average of 11.84%.
The last Return On Invested Capital (0.95%) for AGM is above the 3 year average (0.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 11.63% | ||
| ROIC | 0.95% |
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
With a Profit Margin value of 11.18%, AGM perfoms like the industry average, outperforming 55.00% of the companies in the same industry.
AGM's Profit Margin has declined in the last couple of years.
AGM has a Operating Margin (16.00%) which is in line with its industry peers.
AGM's Operating Margin has declined in the last couple of years.
AGM's Gross Margin of 23.53% is in line compared to the rest of the industry. AGM outperforms 43.00% of its industry peers.
In the last couple of years the Gross Margin of AGM has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16% | ||
| PM (TTM) | 11.18% | ||
| GM | 23.53% |
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
AGM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AGM has been increased compared to 1 year ago.
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
AGM has an Altman-Z score of -0.18. This is a bad value and indicates that AGM is not financially healthy and even has some risk of bankruptcy.
AGM has a Altman-Z score of -0.18. This is in the lower half of the industry: AGM underperforms 68.00% of its industry peers.
The Debt to FCF ratio of AGM is 91.67, which is on the high side as it means it would take AGM, 91.67 years of fcf income to pay off all of its debts.
AGM has a Debt to FCF ratio of 91.67. This is comparable to the rest of the industry: AGM outperforms 42.00% of its industry peers.
A Debt/Equity ratio of 12.95 is on the high side and indicates that AGM has dependencies on debt financing.
AGM has a worse Debt to Equity ratio (12.95) than 87.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.95 | ||
| Debt/FCF | 91.67 | ||
| Altman-Z | -0.18 |
ROIC/WACC0.29
WACC3.22%
2.3 Liquidity
A Current Ratio of 0.14 indicates that AGM may have some problems paying its short term obligations.
With a Current ratio value of 0.14, AGM is not doing good in the industry: 74.00% of the companies in the same industry are doing better.
A Quick Ratio of 0.14 indicates that AGM may have some problems paying its short term obligations.
AGM has a worse Quick ratio (0.14) than 74.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
AGM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.00%.
The Earnings Per Share has been growing by 12.47% on average over the past years. This is quite good.
The Revenue has been growing slightly by 7.75% in the past year.
Measured over the past years, AGM shows a quite strong growth in Revenue. The Revenue has been growing by 19.96% on average per year.
EPS 1Y (TTM)-1%
EPS 3Y14.36%
EPS 5Y12.47%
EPS Q2Q%5.81%
Revenue 1Y (TTM)7.75%
Revenue growth 3Y54.74%
Revenue growth 5Y19.96%
Sales Q2Q%3.96%
3.2 Future
Based on estimates for the next years, AGM will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.47% on average per year.
Based on estimates for the next years, AGM will show a quite strong growth in Revenue. The Revenue will grow by 8.12% on average per year.
EPS Next Y12.33%
EPS Next 2Y11.5%
EPS Next 3Y10.47%
EPS Next 5YN/A
Revenue Next Year7.99%
Revenue Next 2Y8.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.84, the valuation of AGM can be described as very reasonable.
62.00% of the companies in the same industry are more expensive than AGM, based on the Price/Earnings ratio.
AGM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.34.
With a Price/Forward Earnings ratio of 9.66, the valuation of AGM can be described as very reasonable.
AGM's Price/Forward Earnings ratio is in line with the industry average.
AGM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.84 | ||
| Fwd PE | 9.66 |
4.2 Price Multiples
91.00% of the companies in the same industry are more expensive than AGM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.31 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AGM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.96
PEG (5Y)0.95
EPS Next 2Y11.5%
EPS Next 3Y10.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.18%, AGM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.70, AGM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, AGM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)14.69%
Div Incr Years13
Div Non Decr Years15
5.3 Sustainability
48.51% of the earnings are spent on dividend by AGM. This is a bit on the high side, but may be sustainable.
The dividend of AGM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP48.51%
EPS Next 2Y11.5%
EPS Next 3Y10.47%
188.14
-0.42 (-0.22%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners82.09%
Inst Owner Change-2.09%
Ins Owners1.45%
Ins Owner Change-0.06%
Market Cap2.06B
Analysts76.67
Price Target226.44 (20.36%)
Short Float %1.91%
Short Ratio1.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
Yearly Dividend7.92
Dividend Growth(5Y)14.69%
DP48.51%
Div Incr Years13
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.82%
Min EPS beat(2)-5.81%
Max EPS beat(2)2.18%
EPS beat(4)1
Avg EPS beat(4)-4.21%
Min EPS beat(4)-11.91%
Max EPS beat(4)2.18%
EPS beat(8)4
Avg EPS beat(8)0.06%
EPS beat(12)7
Avg EPS beat(12)2.85%
EPS beat(16)9
Avg EPS beat(16)2%
Revenue beat(2)1
Avg Revenue beat(2)0.62%
Min Revenue beat(2)-2.77%
Max Revenue beat(2)4%
Revenue beat(4)1
Avg Revenue beat(4)-1.15%
Min Revenue beat(4)-3.04%
Max Revenue beat(4)4%
Revenue beat(8)3
Avg Revenue beat(8)0.44%
Revenue beat(12)7
Avg Revenue beat(12)49.96%
Revenue beat(16)11
Avg Revenue beat(16)56.79%
PT rev (1m)-2.2%
PT rev (3m)-1.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.46%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.84 | ||
| Fwd PE | 9.66 | ||
| P/S | 1.3 | ||
| P/FCF | 6.31 | ||
| P/OCF | 6.24 | ||
| P/B | 1.35 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | N/A |
EPS(TTM)15.89
EY8.45%
EPS(NY)19.47
Fwd EY10.35%
FCF(TTM)29.81
FCFY15.85%
OCF(TTM)30.15
OCFY16.02%
SpS145.24
BVpS139.58
TBVpS139.58
PEG (NY)0.96
PEG (5Y)0.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 11.63% | ||
| ROCE | 1.19% | ||
| ROIC | 0.95% | ||
| ROICexc | 0.99% | ||
| ROICexgc | 1% | ||
| OM | 16% | ||
| PM (TTM) | 11.18% | ||
| GM | 23.53% | ||
| FCFM | 20.53% |
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-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12.95 | ||
| Debt/FCF | 91.67 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 183.63% | ||
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | -0.18 |
F-Score7
WACC3.22%
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)-1%
EPS 3Y14.36%
EPS 5Y12.47%
EPS Q2Q%5.81%
EPS Next Y12.33%
EPS Next 2Y11.5%
EPS Next 3Y10.47%
EPS Next 5YN/A
Revenue 1Y (TTM)7.75%
Revenue growth 3Y54.74%
Revenue growth 5Y19.96%
Sales Q2Q%3.96%
Revenue Next Year7.99%
Revenue Next 2Y8.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-1.03%
EBIT growth 3Y13.94%
EBIT growth 5Y13.8%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-45.74%
FCF growth 3Y11.65%
FCF growth 5YN/A
OCF growth 1Y-45.14%
OCF growth 3Y11.97%
OCF growth 5YN/A