Financials Federal Agricultural Mortgage Corporation

Equities

AGM

US3131483063

Corporate Financial Services

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
191 USD +1.03% Intraday chart for Federal Agricultural Mortgage Corporation +4.25% -0.10%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 884 787.9 1,330 1,196 2,038 2,029 -
Enterprise Value (EV) 1 884 787.9 1,330 1,196 2,038 2,029 2,029
P/E ratio 9.61 x 8.98 x 12.5 x 8.13 x 12.1 x 11.7 x 10.9 x
Yield 3.35% 4.31% 2.84% 3.5% - 2.93% 3.25%
Capitalization / Revenue 4.61 x 3.6 x 5.4 x 4.34 x 5.84 x 5.36 x 4.98 x
EV / Revenue 4.61 x 3.6 x 5.4 x 4.34 x 5.84 x 5.36 x 4.98 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.11 x 0.8 x 1.11 x 0.96 x - 1.99 x 1.77 x
Nbr of stocks (in thousands) 10,711 10,736 10,766 10,801 10,841 10,846 -
Reference price 2 83.50 74.25 123.9 112.7 191.2 191.0 191.0
Announcement Date 2/25/20 2/25/21 2/28/22 2/24/23 2/23/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 191.7 218.8 246.4 275.4 349.2 378.4 407.3
EBITDA - - - - - - -
EBIT 1 136.3 149.8 175.2 191.9 251 266.1 283.7
Operating Margin 71.09% 68.47% 71.09% 69.7% 71.87% 70.31% 69.64%
Earnings before Tax (EBT) 1 - - - - 253.1 255.8 271.4
Net income 1 93.65 - 107.6 151 172.8 179 192.1
Net margin 48.85% - 43.66% 54.83% 49.49% 47.3% 47.16%
EPS 2 8.690 8.270 9.920 13.87 15.81 16.35 17.55
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 2.800 3.200 3.520 3.950 - 5.600 6.200
Announcement Date 2/25/20 2/25/21 2/28/22 2/24/23 2/23/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 - 65.75 62.91 65.96 70.32 76.17 82.89 86.82 89.31 90.18 92.27 93.31 95.85 97.01 97.74
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - 46.63 41.58 47.45 50.49 52.41 58.43 61.49 65.46 65.59 64.32 65.96 68.02 67.78 68.4
Operating Margin - 70.92% 66.09% 71.93% 71.8% 68.81% 70.49% 70.83% 73.29% 72.73% 69.71% 70.69% 70.97% 69.86% 69.98%
Earnings before Tax (EBT) 1 - - - - - - 60.15 59.29 73.25 60.41 61.96 63.57 64.26 66.02 68.4
Net income 1 24.29 29.89 41.05 39.1 34.63 36.63 40.24 40.42 51.34 40.83 43.09 44.38 45.46 46.06 47.24
Net margin - 45.46% 65.25% 59.28% 49.25% 48.09% 48.55% 46.56% 57.49% 45.27% 46.7% 47.56% 47.43% 47.48% 48.33%
EPS 2 2.240 2.750 3.770 3.600 3.180 3.360 3.690 3.700 4.690 3.730 3.935 4.055 4.155 4.205 4.320
Dividend per Share 2 - 0.8800 0.9500 0.9500 0.9500 1.100 - 1.100 1.100 - 1.400 1.400 1.400 1.400 -
Announcement Date 11/8/21 2/28/22 5/9/22 8/8/22 11/7/22 2/24/23 5/9/23 8/7/23 11/6/23 2/23/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 12.1% 11.2% - - - 18.4% 17.2%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 74.90 92.40 112.0 118.0 - 96.00 108.0
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/25/20 2/25/21 2/28/22 2/24/23 2/23/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
191 USD
Average target price
227 USD
Spread / Average Target
+18.83%
Consensus
  1. Stock Market
  2. Equities
  3. AGM Stock
  4. Financials Federal Agricultural Mortgage Corporation