AGNC INVESTMENT CORP - AGNC 6 1/2 PERP (AGNCO)
US00123Q8078
We assign a fundamental rating of 2 out of 10 to AGNCO. AGNCO was compared to 65 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. AGNCO has a medium profitability rating, but doesn't score so well on its financial health evaluation. AGNCO is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year AGNCO was profitable.
In the past year AGNCO had a positive cash flow from operations.
In multiple years AGNCO reported negative net income over the last 5 years.
Each year in the past 5 years AGNCO had a positive operating cash flow.
1.2 Ratios
AGNCO's Return On Assets of 0.26% is in line compared to the rest of the industry. AGNCO outperforms 52.31% of its industry peers.
AGNCO has a Return On Equity (2.46%) which is comparable to the rest of the industry.
AGNCO has a Return On Invested Capital (0.35%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.26% | ||
| ROE | 2.46% | ||
| ROIC | 0.35% |
ROA(3y)-0.66%
ROA(5y)-0.27%
ROE(3y)-4.47%
ROE(5y)-1.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AGNCO has a Profit Margin of 7.86%. This is comparable to the rest of the industry: AGNCO outperforms 52.31% of its industry peers.
AGNCO's Profit Margin has improved in the last couple of years.
AGNCO has a Operating Margin (13.05%) which is in line with its industry peers.
In the last couple of years the Operating Margin of AGNCO has grown nicely.
Looking at the Gross Margin, with a value of 16.57%, AGNCO is doing worse than 76.92% of the companies in the same industry.
In the last couple of years the Gross Margin of AGNCO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.05% | ||
| PM (TTM) | 7.86% | ||
| GM | 16.57% |
OM growth 3Y117.48%
OM growth 5Y33.82%
PM growth 3Y130.61%
PM growth 5Y37.48%
GM growth 3Y104.95%
GM growth 5Y29.83%
2. Health
2.1 Basic Checks
AGNCO has more shares outstanding than it did 1 year ago.
AGNCO has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AGNCO is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.86, we must say that AGNCO is in the distress zone and has some risk of bankruptcy.
AGNCO has a Altman-Z score of -0.86. This is in the lower half of the industry: AGNCO underperforms 76.92% of its industry peers.
The Debt to FCF ratio of AGNCO is 7455.29, which is on the high side as it means it would take AGNCO, 7455.29 years of fcf income to pay off all of its debts.
AGNCO has a Debt to FCF ratio of 7455.29. This is in the lower half of the industry: AGNCO underperforms 73.85% of its industry peers.
A Debt/Equity ratio of 7.00 is on the high side and indicates that AGNCO has dependencies on debt financing.
With a Debt to Equity ratio value of 7.00, AGNCO is not doing good in the industry: 81.54% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7 | ||
| Debt/FCF | 7455.29 | ||
| Altman-Z | -0.86 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.02 indicates that AGNCO may have some problems paying its short term obligations.
AGNCO has a Current ratio of 0.02. This is amonst the worse of the industry: AGNCO underperforms 95.38% of its industry peers.
A Quick Ratio of 0.02 indicates that AGNCO may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.02, AGNCO is doing worse than 95.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.02 |
3. Growth
3.1 Past
AGNCO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.10%.
Measured over the past 5 years, AGNCO shows a small growth in Earnings Per Share. The EPS has been growing by 4.10% on average per year.
AGNCO shows a strong growth in Revenue. In the last year, the Revenue has grown by 268.77%.
EPS 1Y (TTM)-12.1%
EPS 3Y12.99%
EPS 5Y4.1%
EPS growth Q2Q-22.62%
Revenue 1Y (TTM)268.77%
Revenue growth 3YN/A
Revenue growth 5YN/A
Revenue growth Q2Q161.42%
3.2 Future
The Earnings Per Share is expected to decrease by -14.17% on average over the next years. This is quite bad
AGNCO is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.02% yearly.
EPS Next Y-15.43%
EPS Next 2Y-16.59%
EPS Next 3Y-14.17%
EPS Next 5YN/A
Revenue Next Year-98.63%
Revenue Next 2Y-10.92%
Revenue Next 3Y-5.02%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.42 indicates a reasonable valuation of AGNCO.
66.15% of the companies in the same industry are more expensive than AGNCO, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of AGNCO to the average of the S&P500 Index (24.54), we can say AGNCO is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.67, the valuation of AGNCO can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AGNCO is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 20.22. AGNCO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.42 | ||
| Fwd PE | 10.67 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AGNCO indicates a slightly more expensive valuation: AGNCO is more expensive than 73.85% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2227.12 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as AGNCO's earnings are expected to decrease with -14.17% in the coming years.
PEG (NY)N/A
PEG (5Y)2.05
EPS Next 2Y-16.59%
EPS Next 3Y-14.17%
5. Dividend
5.1 Amount
AGNCO has a Yearly Dividend Yield of 16.07%, which is a nice return.
Compared to an average industry Dividend Yield of 12.60, AGNCO pays a better dividend. On top of this AGNCO pays more dividend than 89.23% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.55, AGNCO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.07% |
5.2 History
The dividend of AGNCO decreases each year by -6.37%.
AGNCO has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)-6.37%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
525.14% of the earnings are spent on dividend by AGNCO. This is not a sustainable payout ratio.
The Dividend Rate of AGNCO has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP525.14%
EPS Next 2Y-16.59%
EPS Next 3Y-14.17%
AGNC INVESTMENT CORP - AGNC 6 1/2 PERP
NASDAQ:AGNCO (12/8/2023, 7:00:01 PM)
23.23
-0.17 (-0.73%)
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 Cap15.59B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.07% |
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.42 | ||
| Fwd PE | 10.67 | ||
| 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)2.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.26% | ||
| ROE | 2.46% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.05% | ||
| PM (TTM) | 7.86% | ||
| GM | 16.57% | ||
| 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 Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.02 | ||
| 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)-12.1%
EPS 3Y12.99%
EPS 5Y
EPS growth Q2Q
EPS Next Y-15.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)268.77%
Revenue growth 3YN/A
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