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AGNC Investment (AGNC Investment) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is AGNC Investment Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGNC Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AGNC Investment's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AGNC Investment Cyclically Adjusted Price-to-FCF Chart

AGNC Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 3.14 3.15 2.42 2.77

AGNC Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.42 2.50 2.41 2.77 2.95

Competitive Comparison of AGNC Investment's Cyclically Adjusted Price-to-FCF

For the REIT - Mortgage subindustry, AGNC Investment's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AGNC Investment's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AGNC Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AGNC Investment's Cyclically Adjusted Price-to-FCF falls into.



AGNC Investment Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

AGNC Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AGNC Investment's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.058/129.4194*129.4194
=0.058

Current CPI (Mar. 2024) = 129.4194.

AGNC Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.259 100.560 1.620
201409 1.026 100.428 1.322
201412 0.930 99.070 1.215
201503 1.190 99.621 1.546
201506 1.281 100.684 1.647
201509 0.572 100.392 0.737
201512 1.033 99.792 1.340
201603 1.045 100.470 1.346
201606 0.941 101.688 1.198
201609 0.984 101.861 1.250
201612 0.932 101.863 1.184
201703 1.126 102.862 1.417
201706 0.834 103.349 1.044
201709 0.739 104.136 0.918
201712 0.938 104.011 1.167
201803 0.831 105.290 1.021
201806 0.352 106.317 0.428
201809 1.241 106.507 1.508
201812 0.788 105.998 0.962
201903 0.949 107.251 1.145
201906 0.678 108.070 0.812
201909 0.701 108.329 0.837
201912 1.076 108.420 1.284
202003 1.001 108.902 1.190
202006 1.238 108.767 1.473
202009 1.619 109.815 1.908
202012 1.183 109.897 1.393
202103 1.232 111.754 1.427
202106 0.993 114.631 1.121
202109 1.134 115.734 1.268
202112 1.085 117.630 1.194
202203 1.071 121.301 1.143
202206 0.929 125.017 0.962
202209 0.652 125.227 0.674
202212 0.271 125.222 0.280
202303 0.075 127.348 0.076
202306 -0.176 128.729 -0.177
202309 -0.150 129.860 -0.149
202312 -0.089 129.419 -0.089
202403 0.058 129.419 0.058

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


AGNC Investment  (NAS:AGNCB.PFD) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


AGNC Investment Cyclically Adjusted Price-to-FCF Related Terms

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AGNC Investment (AGNC Investment) Business Description

Industry
Address
2 Bethesda Metro Center, 12th Floor, Bethesda, MD, USA, 20814
AGNC Investment Corp is a real estate investment trust that invests in agency residential mortgage-backed securities. The firm's asset portfolio is comprised of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, or by a U.S. Government agency, such as the Government National Mortgage Association. It also invests in other types of mortgage and mortgage-related residential and commercial mortgage-backed securities or other investments in or related to, the housing, mortgage or real estate markets.