AGNC INVESTMENT CORP (AGNC) Stock Fundamental Analysis
USA - NASDAQ:AGNC - US00123Q1040 - REIT
10.09 USD
-0.11 (-1.08%)
10.1 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AGNC had positive earnings in the past year.
AGNC had a positive operating cash flow in the past year.
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
With a Return On Assets value of 0.23%, AGNC perfoms like the industry average, outperforming 56.06% of the companies in the same industry.
AGNC's Return On Equity of 2.28% is in line compared to the rest of the industry. AGNC outperforms 56.06% of its industry peers.
The Return On Invested Capital of AGNC (0.30%) 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 68.18% of the companies in the same industry.
AGNC's Profit Margin has declined in the last couple of years.
AGNC's Operating Margin of 11.08% is fine compared to the rest of the industry. AGNC outperforms 66.67% 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 (14.54%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of AGNC has remained more or less at the same level.
| 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 has a worse Altman-Z score (-1.08) than 93.94% of its industry peers.
AGNC has a debt to FCF ratio of 197.64. This is a negative value and a sign of low solvency as AGNC would need 197.64 years to pay back of all of its debts.
AGNC's Debt to FCF ratio of 197.64 is on the low side compared to the rest of the industry. AGNC is outperformed by 69.70% 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.
The Debt to Equity ratio of AGNC (8.75) is worse than 80.30% 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 worse Current ratio (0.01) than 90.91% of its industry peers.
A Quick Ratio of 0.01 indicates that AGNC may have some problems paying its short term obligations.
With a Quick ratio value of 0.01, AGNC is not doing good in the industry: 90.91% of the companies in the same industry are doing better.
| 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 -28.04% in the last year.
The Earnings Per Share has been decreasing by -2.52% on average over the past years.
The Revenue has decreased by -7.48% in the past year.
The Revenue has been growing slightly by 5.98% on average over the past years.
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
Based on estimates for the next years, AGNC will show a decrease in Earnings Per Share. The EPS will decrease by -5.81% on average per year.
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-14.96%
EPS Next 2Y-6.94%
EPS Next 3Y-5.81%
EPS Next 5YN/A
Revenue Next Year1585.54%
Revenue Next 2Y419.14%
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
With a Price/Earnings ratio of 6.55, the valuation of AGNC can be described as very cheap.
Based on the Price/Earnings ratio, AGNC is valued cheaply inside the industry as 89.39% of the companies are valued more expensively.
AGNC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.67.
The Price/Forward Earnings ratio is 6.10, which indicates a rather cheap valuation of AGNC.
Based on the Price/Forward Earnings ratio, AGNC is valued cheaper than 90.91% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AGNC to the average of the S&P500 Index (23.33), we can say AGNC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.55 | ||
| Fwd PE | 6.1 |
4.2 Price Multiples
AGNC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.21 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AGNC's earnings are expected to decrease with -5.81% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-6.94%
EPS Next 3Y-5.81%
5. Dividend
5.1 Amount
AGNC has a Yearly Dividend Yield of 14.33%, which is a nice return.
AGNC's Dividend Yield is a higher than the industry average which is at 13.04.
AGNC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.33% |
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
602.97% of the earnings are spent on dividend by AGNC. This is not a sustainable payout ratio.
AGNC's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP602.97%
EPS Next 2Y-6.94%
EPS Next 3Y-5.81%
10.09
-0.11 (-1.08%)
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-9.63%
Ins Owners0.36%
Ins Owner Change-5.84%
Market Cap10.63B
Revenue(TTM)3.81B
Net Income(TTM)236.00M
Analysts78.1
Price Target9.96 (-1.29%)
Short Float %5.18%
Short Ratio2.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.33% |
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%
PT rev (3m)0.94%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)-4.84%
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 | 6.55 | ||
| Fwd PE | 6.1 | ||
| P/S | 3.11 | ||
| P/FCF | 23.21 | ||
| P/OCF | 23.21 | ||
| P/B | 1.03 | ||
| P/tB | 1.08 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.54
EY15.26%
EPS(NY)1.65
Fwd EY16.39%
FCF(TTM)0.43
FCFY4.31%
OCF(TTM)0.43
OCFY4.31%
SpS3.24
BVpS9.82
TBVpS9.32
PEG (NY)N/A
PEG (5Y)N/A
Graham Number18.45
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
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-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)-28.04%
EPS 3Y-14.16%
EPS 5Y-2.52%
EPS Q2Q%-18.6%
EPS Next Y-14.96%
EPS Next 2Y-6.94%
EPS Next 3Y-5.81%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.48%
Revenue growth 3Y62.37%
Revenue growth 5Y5.98%
Sales Q2Q%331.25%
Revenue Next Year1585.54%
Revenue Next 2Y419.14%
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%