AGNC INVESTMENT CORP (AGNC)

US00123Q1040 - REIT

9.9  +0.11 (+1.12%)

After market: 9.8395 -0.06 (-0.61%)

Fundamental Rating

3

Overall AGNC gets a fundamental rating of 3 out of 10. We evaluated AGNC against 64 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. AGNC has a bad profitability rating. Also its financial health evaluation is rather negative. AGNC is not valued too expensively and it also shows a decent growth rate.



2

1. Profitability

1.1 Basic Checks

In the past year AGNC was profitable.
AGNC had a negative operating cash flow in the past year.
In multiple years AGNC reported negative net income over the last 5 years.
AGNC had a positive operating cash flow in 4 of the past 5 years.

1.2 Ratios

AGNC has a Return On Assets (0.04%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 0.39%, AGNC is in line with its industry, outperforming 45.31% of the companies in the same industry.
With a Return On Invested Capital value of 0.17%, AGNC is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA 0.04%
ROE 0.39%
ROIC 0.17%
ROA(3y)-0.5%
ROA(5y)-0.28%
ROE(3y)-3.25%
ROE(5y)-1.47%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

The Profit Margin of AGNC (1.26%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AGNC has declined.
The Operating Margin of AGNC (6.11%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AGNC has declined.
AGNC has a Gross Margin of 9.89%. This is in the lower half of the industry: AGNC underperforms 75.00% of its industry peers.
In the last couple of years the Gross Margin of AGNC has declined.
Industry RankSector Rank
OM 6.11%
PM (TTM) 1.26%
GM 9.89%
OM growth 3YN/A
OM growth 5Y-7.87%
PM growth 3YN/A
PM growth 5Y-28.26%
GM growth 3YN/A
GM growth 5Y-9.55%

0

2. Health

2.1 Basic Checks

AGNC has more shares outstanding than it did 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

AGNC has an Altman-Z score of -0.92. This is a bad value and indicates that AGNC is not financially healthy and even has some risk of bankruptcy.
AGNC has a worse Altman-Z score (-0.92) than 85.94% of its industry peers.
AGNC has a Debt/Equity ratio of 6.12. This is a high value indicating a heavy dependency on external financing.
AGNC's Debt to Equity ratio of 6.12 is on the low side compared to the rest of the industry. AGNC is outperformed by 73.44% of its industry peers.
Industry RankSector Rank
Debt/Equity 6.12
Debt/FCF N/A
Altman-Z -0.92
ROIC/WACCN/A
WACCN/A

2.3 Liquidity

AGNC has a Current 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.
AGNC has a Current ratio of 0.01. This is amonst the worse of the industry: AGNC underperforms 90.63% 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.
AGNC has a Quick ratio of 0.01. This is amonst the worse of the industry: AGNC underperforms 90.63% of its industry peers.
Industry RankSector Rank
Current Ratio 0.01
Quick Ratio 0.01

6

3. Growth

3.1 Past

AGNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.29%.
The Earnings Per Share has been growing slightly by 2.03% on average over the past years.
AGNC shows a strong growth in Revenue. In the last year, the Revenue has grown by 616.90%.
Measured over the past years, AGNC shows a quite strong growth in Revenue. The Revenue has been growing by 12.60% on average per year.
EPS 1Y (TTM)-16.29%
EPS 3Y-1.12%
EPS 5Y2.03%
EPS growth Q2Q-18.92%
Revenue 1Y (TTM)616.9%
Revenue growth 3Y71.75%
Revenue growth 5Y12.6%
Revenue growth Q2Q23.3%

3.2 Future

AGNC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -11.24% yearly.
The Revenue is expected to grow by 358.76% on average over the next years. This is a very strong growth
EPS Next Y-15.02%
EPS Next 2Y-11.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2227.07%
Revenue Next 2Y358.76%
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 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.

5

4. Valuation

4.1 Price/Earnings Ratio

AGNC is valuated cheaply with a Price/Earnings ratio of 3.78.
AGNC's Price/Earnings ratio is rather cheap when compared to the industry. AGNC is cheaper than 98.44% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.48, AGNC is valued rather cheaply.
The Price/Forward Earnings ratio is 4.45, which indicates a rather cheap valuation of AGNC.
Based on the Price/Forward Earnings ratio, AGNC is valued cheaply inside the industry as 96.88% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of AGNC to the average of the S&P500 Index (22.79), we can say AGNC is valued rather cheaply.
Industry RankSector Rank
PE 3.78
Fwd PE 4.45

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

AGNC's earnings are expected to decrease with -11.24% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.87
EPS Next 2Y-11.24%
EPS Next 3YN/A

5

5. Dividend

5.1 Amount

AGNC has a Yearly Dividend Yield of 14.65%, which is a nice return.
AGNC's Dividend Yield is rather good when compared to the industry average which is at 11.86. AGNC pays more dividend than 82.81% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, AGNC pays a better dividend.
Industry RankSector Rank
Dividend Yield 14.65%

5.2 History

The dividend of AGNC decreases each year by -5.50%.
AGNC has paid a dividend for at least 10 years, which is a reliable track record.
AGNC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-5.5%
Div Incr Years0
Div Non Decr Years2

5.3 Sustainability

3140.63% of the earnings are spent on dividend by AGNC. 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.
DP3140.63%
EPS Next 2Y-11.24%
EPS Next 3YN/A

AGNC INVESTMENT CORP

NASDAQ:AGNC (3/28/2024, 8:00:00 PM)

After market: 9.8395 -0.06 (-0.61%)

9.9

+0.11 (+1.12%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.89B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 14.65%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 3.78
Fwd PE 4.45
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.87
Profitability
Industry RankSector Rank
ROA 0.04%
ROE 0.39%
ROCE
ROIC
ROICexc
ROICexgc
OM 6.11%
PM (TTM) 1.26%
GM 9.89%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 6.12
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.01
Quick Ratio 0.01
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-16.29%
EPS 3Y-1.12%
EPS 5Y
EPS growth Q2Q
EPS Next Y-15.02%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)616.9%
Revenue growth 3Y71.75%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y