Federal Agricultural MortgageAGM +0.58%64 Return-on-Tangible-Equity is 13.77% as of Mar. 2026, which is 2% above its 10-year median of 13.53. GuruFocus rates AGM with a GF Score™ of 64/100 and a GF Value™ of $212.60 (Fairly Valued). The stock has 7 warning signs investors should review. Among 523 Credit Services companies, Federal Agricultural Mortgage ranks better than 72.08% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Federal Agricultural Mortgage's annualized net income for the quarter that ended in Mar. 2026 was $236.5 Mil. Federal Agricultural Mortgage's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,718.0 Mil. Therefore, Federal Agricultural Mortgage's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.77%.
The historical rank and industry rank for Federal Agricultural Mortgage's Return-on-Tangible-Equity or its related term are showing as below:
AGM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.13 Med: 13.53 Max: 14.9
Current: 13.24
During the past 13 years, Federal Agricultural Mortgage's highest Return-on-Tangible-Equity was 14.90%. The lowest was 12.13%. And the median was 13.53%.
AGM's Return-on-Tangible-Equity is ranked better than 72.08% of 523
companies
in the Credit Services industry
Industry Median: 7.05
vs AGM: 13.24
Federal Agricultural Mortgage (NYSE:AGM) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Federal Agricultural Mortgage Return-on-Tangible-Equity Related Terms
Federal Agricultural Mortgage Return-on-Tangible-Equity Historical Data
* 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.
Federal Agricultural Mortgage Return-on-Tangible-Equity Chart
AGM vs EZPW, ECPG, QFIN: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Federal Agricultural Mortgage's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Federal Agricultural Mortgage Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Federal Agricultural Mortgage's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Federal Agricultural Mortgage's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.77% mean?
Federal Agricultural Mortgage (AGM) has a Return-on-Tangible-Equity of 13.77% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Federal Agricultural Mortgage and its competitors. This is near median its historical median of 13.53. Over the past decade, Federal Agricultural Mortgage's Return-on-Tangible-Equity has ranged from 12.13 to 14.90. According to the industry distribution chart, Federal Agricultural Mortgage ranks #146 out of 523 companies in the Credit Services industry, placing it in the top 27.9%.
Is Federal Agricultural Mortgage's Return-on-Tangible-Equity too high?
Federal Agricultural Mortgage's current Return-on-Tangible-Equity of 13.77% is near median its 10-year median of 13.53. Over the past 10 years, this metric has ranged from a low of 12.13 to a high of 14.90. The Credit Services industry median Return-on-Tangible-Equity is 7.05. Federal Agricultural Mortgage's value of 13.77% is 95.3% above this industry median. Based on the distribution chart, Federal Agricultural Mortgage ranks #146 out of 523 companies in the Credit Services industry, which is above the industry midpoint. Overall, Federal Agricultural Mortgage has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal Agricultural Mortgage's Return-on-Tangible-Equity compare to EZPW and ECPG?
According to the Credit Services industry distribution chart, Federal Agricultural Mortgage ranks #146 out of 523 companies for Return-on-Tangible-Equity. This puts Federal Agricultural Mortgage in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.05. Federal Agricultural Mortgage's value of 13.77% is 95.3% above this benchmark. Historically, Federal Agricultural Mortgage's own Return-on-Tangible-Equity has ranged from 12.13 to 14.90 over the past decade. While the company's 10-year median is 13.53 vs. the industry median of 7.05, Federal Agricultural Mortgage has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.05, based on 523 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Federal Agricultural Mortgage's current Return-on-Tangible-Equity of 13.77% is 95.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Federal Agricultural Mortgage and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Agricultural Mortgage's current Return-on-Tangible-Equity is 13.77%, which is near median its own 10-year median of 13.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Agricultural Mortgage stock overvalued right now?
Based on GuruFocus' analysis, Federal Agricultural Mortgage (AGM) is currently considered Fairly Valued. The stock's GF Value™ is $212.60, compared to a current price of $202.03 — trading 5% below its estimated fair value. The current Return-on-Tangible-Equity is 13.77%, which is near median its 10-year median of 13.53 and 95.3% above the Credit Services industry median of 7.05. Federal Agricultural Mortgage's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Federal Agricultural Mortgage (AGM), the current Return-on-Tangible-Equity is 13.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Federal Agricultural Mortgage (AGM) Overvalued in 2026?
Based on GuruFocus' analysis, Federal Agricultural Mortgage stock appears to be undervalued.
The current stock price of $202.03 is trading 5% below its estimated GF Value™ of $212.60.
GuruFocus considers Federal Agricultural Mortgage to be Fairly Valued.
Key valuation signals for AGM:
Return-on-Tangible-Equity: 13.77% (near median its 10-year median of 13.53)
GF Value™: $212.60 vs. price of $202.03 (5% below fair value)
Industry Position: 95.3% above the Credit Services median (#146 of 523)
No single metric tells the full story. See the AGM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Federal Agricultural Mortgage Business Description
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven reportable segments: Farm & Ranch, which generates maximum revenue, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA. Geographically, the company's operations are spread across different regions in the United States.
64GF Score
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