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Federal Agricultural Mortgage (Federal Agricultural Mortgage) Cyclically Adjusted Price-to-FCF : 5.44 (As of May. 24, 2024)


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What is Federal Agricultural Mortgage Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Federal Agricultural Mortgage's current share price is $144.25. Federal Agricultural Mortgage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $26.53. Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF for today is 5.44.

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

AGM.A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.22   Med: 10.13   Max: 107.77
Current: 5.44

During the past years, Federal Agricultural Mortgage's highest Cyclically Adjusted Price-to-FCF was 107.77. The lowest was 1.22. And the median was 10.13.

AGM.A's Cyclically Adjusted Price-to-FCF is ranked better than
61.9% of 105 companies
in the Credit Services industry
Industry Median: 9.67 vs AGM.A: 5.44

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.

Federal Agricultural Mortgage's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $21.123. 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 $26.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Agricultural Mortgage Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Federal Agricultural Mortgage'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.

Federal Agricultural Mortgage Cyclically Adjusted Price-to-FCF Chart

Federal Agricultural Mortgage 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 11.69 5.66 7.39 3.77 6.27

Federal Agricultural Mortgage 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 4.52 4.93 4.75 6.27 5.88

Competitive Comparison of Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Federal Agricultural Mortgage'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.


Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF falls into.



Federal Agricultural Mortgage 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.

Federal Agricultural Mortgage's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=144.25/26.53
=5.44

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

For example, Federal Agricultural Mortgage'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)
=21.123/131.7762*131.7762
=21.123

Current CPI (Mar. 2024) = 131.7762.

Federal Agricultural Mortgage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 147.534 100.560 193.333
201409 5.441 100.428 7.139
201412 -147.137 99.070 -195.712
201503 7.858 99.621 10.394
201506 2.127 100.684 2.784
201509 4.618 100.392 6.062
201512 1.740 99.792 2.298
201603 4.854 100.470 6.366
201606 -1.370 101.688 -1.775
201609 7.697 101.861 9.958
201612 8.569 101.863 11.085
201703 9.519 102.862 12.195
201706 -1.117 103.349 -1.424
201709 6.169 104.136 7.806
201712 1.635 104.011 2.071
201803 10.970 105.290 13.730
201806 4.126 106.317 5.114
201809 8.383 106.507 10.372
201812 -4.853 105.998 -6.033
201903 1.718 107.251 2.111
201906 -11.067 108.070 -13.495
201909 -3.471 108.329 -4.222
201912 10.971 108.420 13.334
202003 -30.635 108.902 -37.070
202006 2.168 108.767 2.627
202009 7.560 109.815 9.072
202012 12.116 109.897 14.528
202103 36.768 111.754 43.355
202106 -8.491 114.631 -9.761
202109 11.755 115.734 13.384
202112 0.293 117.630 0.328
202203 24.736 121.301 26.872
202206 23.629 125.017 24.907
202209 16.576 125.227 17.443
202212 9.445 125.222 9.939
202303 5.547 127.348 5.740
202306 10.911 128.729 11.169
202309 33.186 129.860 33.676
202312 -15.201 129.419 -15.478
202403 21.123 131.776 21.123

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.


Federal Agricultural Mortgage  (NYSE:AGM.A) 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.


Federal Agricultural Mortgage Cyclically Adjusted Price-to-FCF Related Terms

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


Federal Agricultural Mortgage (Federal Agricultural Mortgage) Business Description

Address
1999 K Street, North West, 4th Floor, Washington, DC, USA, 20006
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 segments: Farm & Ranch, Corporate AgFinance, Rural Utilities, Renewable Energy, Funding, Investments, and Corporate. 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 the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.