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AGNC Investment (MEX:AGNC) Cyclically Adjusted Price-to-FCF : 3.23 (As of Jun. 21, 2024)


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

As of today (2024-06-21), AGNC Investment's current share price is MXN184.00. AGNC Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN57.00. AGNC Investment's Cyclically Adjusted Price-to-FCF for today is 3.23.

The historical rank and industry rank for AGNC Investment's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:AGNC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.72   Med: 2.9   Max: 3.76
Current: 2.86

During the past years, AGNC Investment's highest Cyclically Adjusted Price-to-FCF was 3.76. The lowest was 1.72. And the median was 2.90.

MEX:AGNC's Cyclically Adjusted Price-to-FCF is ranked better than
92.31% of 390 companies
in the REITs industry
Industry Median: 11.37 vs MEX:AGNC: 2.86

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

AGNC Investment's adjusted free cash flow per share data for the three months ended in Mar. 2024 was MXN0.471. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is MXN57.00 for the trailing ten years ended in Mar. 2024.

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 2.89

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 Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=184.00/57
=3.23

* 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.

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)
=0.471/131.7762*131.7762
=0.471

Current CPI (Mar. 2024) = 131.7762.

AGNC Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 16.322 100.560 21.389
201409 13.777 100.428 18.077
201412 13.717 99.070 18.245
201503 18.149 99.621 24.007
201506 20.097 100.684 26.303
201509 9.668 100.392 12.690
201512 18.015 99.792 23.789
201603 18.635 100.470 24.442
201606 18.214 101.688 23.603
201609 19.920 101.861 25.770
201612 20.100 101.863 26.003
201703 22.179 102.862 28.413
201706 15.076 103.349 19.223
201709 12.732 104.136 16.111
201712 16.283 104.011 20.630
201803 13.365 105.290 16.727
201806 5.916 106.317 7.333
201809 17.383 106.507 21.507
201812 10.608 105.998 13.188
201903 11.880 107.251 14.597
201906 8.394 108.070 10.235
201909 8.780 108.329 10.680
201912 12.915 108.420 15.697
202003 14.848 108.902 17.967
202006 17.657 108.767 21.392
202009 22.358 109.815 26.829
202012 14.965 109.897 17.944
202103 16.296 111.754 19.216
202106 13.004 114.631 14.949
202109 15.287 115.734 17.406
202112 14.620 117.630 16.378
202203 14.089 121.301 15.306
202206 12.311 125.017 12.977
202209 8.598 125.227 9.048
202212 3.222 125.222 3.391
202303 0.809 127.348 0.837
202306 -1.744 128.729 -1.785
202309 -1.456 129.860 -1.477
202312 -0.776 129.419 -0.790
202403 0.471 131.776 0.471

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  (MEX:AGNC) 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

Thank you for viewing the detailed overview of AGNC Investment's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


AGNC Investment (MEX:AGNC) 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.