Federal Agricultural Mortgage Corporation (AGM) vs Jefferson Capital, Inc. (JCAP)

Federal Agricultural Mortgage Corporation and Jefferson Capital, Inc. are both Credit Services companies. Federal Agricultural Mortgage Corporation is the larger, with a market value of $2.2B against $1.2B — 1.8× the size. Jefferson Capital, Inc. trades at the lower P/E: 8.4× against 11.1×. Jefferson Capital, Inc. grew revenue faster over the last twelve months: 26.4% against 7.27%. Jefferson Capital, Inc. has the higher net margin (20.1% vs 11.6%) and the higher return on invested capital (42.0% vs 5.67%). Across the 17 metrics below, Jefferson Capital, Inc. leads on 14 and Federal Agricultural Mortgage Corporation on 3.

Valuation

Metric AGM JCAP Credit Services median
P/E 11.09 8.38 9.39
P/S 1.29 1.73 0.86
P/B 1.77 2.39 1.16
Price to free cash flow 7.09 5.19 2.78
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.02% 11.93% 6.55%
Free cash flow yield 14.11% 19.27% 12.26%

Profitability

Metric AGM JCAP Credit Services median
Gross margin 25.89% 64.54% 77.13%
Operating margin 0.00% 45.82% 0.34%
Net margin 11.62% 20.06% 9.25%
Free cash flow margin 18.14% 33.30% 12.91%
Return on equity 16.79% 29.83% 8.49%
Return on assets 0.55% 6.87% 2.16%
Return on invested capital 5.67% 41.96% 4.09%

Growth

Metric AGM JCAP Credit Services median
Revenue growth (TTM) 7.27% 26.35% 4.62%
EPS growth (last fiscal year) 1.09% — 21.94%
Revenue growth, 5-year CAGR 25.34% — 9.13%
Net income growth, 5-year CAGR 13.97% — 0.00%

Health

Metric AGM JCAP Credit Services median
Debt to equity 1.23 0.00 0.68
Current ratio 0.56 0.03 1.55
Net debt to EBITDA 0.00 (0.14) 0.13

Dividend

Metric AGM JCAP Credit Services median
Dividend yield 3.09% — 1.64%
Payout ratio 0.34 — 0.22

Size

Metric AGM JCAP Credit Services median
Market cap 2.17b 1.19b 751.08m

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