AGM

Federal Agricultural Mortgage Corporation

60
Fundamentals54/ 100
Valuation59/ 100
Upside potential70/ 100
Risk potential13/ 100

AGM has slightly lower modeled downside risk, despite its lower overall score.

GS

The Goldman Sachs Group, Inc.

64
Fundamentals69/ 100
Valuation50/ 100
Upside potential57/ 100
Risk potential14/ 100

GS has the edge over AGM overall, supported by stronger fundamentals.

AGM Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

AGM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like AGM.

GS Fundamentals

MetricStatus
Strong
Strong
N/A
N/A

GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.

AGM PE Valuation

CHEAPFAIREXPENSIVE3.7x7.4x11x15x
CHEAPFAIREXPENSIVE3.7x7.4x11x15x
LevelPEPriceVs current
Forward8x$175—
Cheap9x$169-3.4%
Current9.3x$175—
Fair11x$198+13%
Expensive12x$230+31%

Historical ranges are pointers, not guarantees.

AGM has the edge over GS in the historical PE scenario, which offers more potential upside but is not a forecast.

GS PE Valuation

CHEAPFAIREXPENSIVE5.2x10x16x21x
CHEAPFAIREXPENSIVE5.2x10x16x21x
LevelPEPriceVs current
Cheap7.6x$528-42%
Current13x$914—
Forward13x$914—
Fair14x$940+2.9%
Expensive17x$1,214+33%

Historical ranges are pointers, not guarantees.

GS's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.

AGM Forward outlook

MetricOutlook
Improving
Growth
Growth
Improving
Limited
High

AGM has the edge over GS on the outlook, with more favorable valuation expectations.

GS Forward outlook

MetricOutlook
Stable
Strong growth
Growth
Strongly improving
Limited
Low

Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.

AGM Risk to reward

ScenarioChangePrice
Upside+31%$228.96
Downside-13%$152.08

Calculated from the latest close: $175.24 on Nov 12.

AGM has a better modeled risk to reward balance than GS, with more potential upside and less potential downside.

GS Risk to reward

ScenarioChangePrice
Upside+19%$1,085.26
Downside-14%$781.84

Calculated from the latest close: $913.60 on Nov 12.

GS trails AGM on modeled risk to reward, with less potential upside and more potential downside.

AGM Earnings Per Share

Q4 2023: $15.81Q1 2024: $16.40Q2 2024: $16.38Q3 2024: $15.55Q4 2024: $16.44Q1 2025: $16.17Q2 2025: $16.97Q3 2025: $17.55Q4 2025: $16.62Q1 2026: $17.36Q2 2026: $18.29Q3 2026: $18.88Forward: $21.78
Q4 2023: $15.81Q1 2024: $16.40Q2 2024: $16.38Q3 2024: $15.55Q4 2024: $16.44Q1 2025: $16.17Q2 2025: $16.97Q3 2025: $17.55Q4 2025: $16.62Q1 2026: $17.36Q2 2026: $18.29Q3 2026: $18.88Forward: $21.78
QuarterTTM EPSYoY
Forward$21.78+15%
Q3 2026$18.88+7.6%
Q2 2026$18.29+7.8%
Q1 2026$17.36+7.4%
Q4 2025$16.62+1.1%
Q3 2025$17.55+13%
Q2 2025$16.97+3.6%
Q1 2025$16.17-1.4%
Q4 2024$16.44+4%

AGM earned $18.88 per share over the past year, up 7.6% from the year before.

GS Earnings Per Share

Q4 2023: $22.87Q1 2024: $25.66Q2 2024: $31.20Q3 2024: $34.13Q4 2024: $40.54Q1 2025: $43.08Q2 2025: $45.37Q3 2025: $49.22Q4 2025: $51.32Q1 2026: $54.75Q2 2026: $64.82Q3 2026: $69.58Forward: $72.35
Q4 2023: $22.87Q1 2024: $25.66Q2 2024: $31.20Q3 2024: $34.13Q4 2024: $40.54Q1 2025: $43.08Q2 2025: $45.37Q3 2025: $49.22Q4 2025: $51.32Q1 2026: $54.75Q2 2026: $64.82Q3 2026: $69.58Forward: $72.35
QuarterTTM EPSYoY
Forward$72.35+4%
Q3 2026$69.58+41%
Q2 2026$64.82+43%
Q1 2026$54.75+27%
Q4 2025$51.32+27%
Q3 2025$49.22+44%
Q2 2025$45.37+45%
Q1 2025$43.08+68%
Q4 2024$40.54+77%

GS has the edge over AGM on earnings, with more consistent year-over-year improvement.

AGM Quarterly Revenue

Q4 2023: $85MQ1 2024: $94MQ2 2024: $90MQ3 2024: $90MQ4 2024: $101MQ1 2025: $94MQ2 2025: $103MQ3 2025: $104MQ4 2025: $107MQ1 2026: $109MQ2 2026: $125MQ3 2026: $125M
Q4 2023: $85MQ1 2024: $94MQ2 2024: $90MQ3 2024: $90MQ4 2024: $101MQ1 2025: $94MQ2 2025: $103MQ3 2025: $104MQ4 2025: $107MQ1 2026: $109MQ2 2026: $125MQ3 2026: $125M
QuarterRevenueYoY
Q3 2026$125.3M+20%
Q2 2026$125M+22%
Q1 2026$109.1M+16%
Q4 2025$107.5M+6.1%
Q3 2025$104M+15%
Q2 2025$102.6M+14%
Q1 2025$94.3M+0.7%
Q4 2024$101.3M+19%

AGM's revenue has grown year over year for eight quarters in a row: $125M last quarter, up 20% from the same quarter a year ago.

GS Quarterly Revenue

Q4 2023: $11.3BQ1 2024: $14.2BQ2 2024: $12.7BQ3 2024: $12.7BQ4 2024: $13.9BQ1 2025: $15.1BQ2 2025: $14.6BQ3 2025: $15.2BQ4 2025: $13.5BQ1 2026: $17.2BQ2 2026: $20.3BQ3 2026: $18.7B
Q4 2023: $11.3BQ1 2024: $14.2BQ2 2024: $12.7BQ3 2024: $12.7BQ4 2024: $13.9BQ1 2025: $15.1BQ2 2025: $14.6BQ3 2025: $15.2BQ4 2025: $13.5BQ1 2026: $17.2BQ2 2026: $20.3BQ3 2026: $18.7B
QuarterRevenueYoY
Q3 2026$18.7B+23%
Q2 2026$20.3B+39%
Q1 2026$17.2B+14%
Q4 2025$13.5B-3%
Q3 2025$15.2B+20%
Q2 2025$14.6B+15%
Q1 2025$15.1B+6%
Q4 2024$13.9B+23%

GS's revenue is growing: $18.7B last quarter, up 23% from the same quarter a year ago.

AGM Free Cash Flow

Q4 2023: −$167MQ1 2024: $232MQ2 2024: $53MQ3 2024: −$44MQ4 2024: $368MQ1 2025: −$50MQ2 2025: −$48MQ3 2025: $74MQ4 2025: $103MQ1 2026: $92MQ2 2026: $40MQ3 2026: $363M
Q4 2023: −$167MQ1 2024: $232MQ2 2024: $53MQ3 2024: −$44MQ4 2024: $368MQ1 2025: −$50MQ2 2025: −$48MQ3 2025: $74MQ4 2025: $103MQ1 2026: $92MQ2 2026: $40MQ3 2026: $363M
QuarterFree cash flowYoY
Q3 2026$362.7M+389%
Q2 2026$40.4M+$88.1M
Q1 2026$92.1M+$141.9M
Q4 2025$103.4M-72%
Q3 2025$74.2M+$118.6M
Q2 2025-$47.7M-191%
Q1 2025-$49.8M-122%
Q4 2024$367.5M+$534.4M

AGM has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.

GS Free Cash Flow

Q4 2023: −$28.9BQ1 2024: −$28.5BQ2 2024: $5.6BQ3 2024: −$38.5BQ4 2024: $46.2BQ1 2025: −$37.7BQ2 2025: $5.2BQ3 2025: $2.1BQ4 2025: −$16.8BQ1 2026: −$32.4BQ2 2026: $5.6BQ3 2026: $3.7B
Q4 2023: −$28.9BQ1 2024: −$28.5BQ2 2024: $5.6BQ3 2024: −$38.5BQ4 2024: $46.2BQ1 2025: −$37.7BQ2 2025: $5.2BQ3 2025: $2.1BQ4 2025: −$16.8BQ1 2026: −$32.4BQ2 2026: $5.6BQ3 2026: $3.7B
QuarterFree cash flowYoY
Q3 2026$3.7B+72%
Q2 2026$5.6B+7.8%
Q1 2026-$32.4B+$5.3B
Q4 2025-$16.8B-136%
Q3 2025$2.1B+$40.6B
Q2 2025$5.2B-6.8%
Q1 2025-$37.7B-$9.2B
Q4 2024$46.2B+$75.1B

GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.

AGM Total Shares

Q4 2023: 11MQ1 2024: 11MQ2 2024: 11MQ3 2024: 11MQ4 2024: 11MQ1 2025: 11MQ2 2025: 11MQ3 2025: 11MQ4 2025: 11MQ1 2026: 11MQ2 2026: 11MQ3 2026: 11M
Q4 2023: 11MQ1 2024: 11MQ2 2024: 11MQ3 2024: 11MQ4 2024: 11MQ1 2025: 11MQ2 2025: 11MQ3 2025: 11MQ4 2025: 11MQ1 2026: 11MQ2 2026: 11MQ3 2026: 11M
PeriodChange %Net change
Quarterly+0.2%+27K shares
1 year-0.6%-63K shares
3 years-0.3%-29K shares
5 years+0.6%+67K shares
Available history+1.2%+131K shares

AGM has 11M diluted shares, down 0.6% from a year ago.

GS Total Shares

Q4 2023: 346MQ1 2024: 340MQ2 2024: 336MQ3 2024: 331MQ4 2024: 334MQ1 2025: 325MQ2 2025: 318MQ3 2025: 315MQ4 2025: 318MQ1 2026: 308MQ2 2026: 305MQ3 2026: 301M
Q4 2023: 346MQ1 2024: 340MQ2 2024: 336MQ3 2024: 331MQ4 2024: 334MQ1 2025: 325MQ2 2025: 318MQ3 2025: 315MQ4 2025: 318MQ1 2026: 308MQ2 2026: 305MQ3 2026: 301M
PeriodChange %Net change
Quarterly-1.2%-3.8M shares
1 year-4.4%-13.9M shares
3 years-12%-42.8M shares
5 years-15%-52.8M shares
Available history-20%-74.4M shares

GS has the edge over AGM on shareholder dilution, with a more favorable share count trend.

AGM Net Leverage

GS Net Leverage

Q4 2023: -9.6xQ1 2024: -6.8xQ2 2024: -6.5xQ3 2024: -3.5xQ4 2024: -4.7xQ1 2025: -3.9xQ2 2025: -3.1xQ3 2025: -3.5xQ4 2025: -6.4xQ1 2026: -6.7xQ2 2026: -6.1xQ3 2026: -5.4x
Q4 2023: -9.6xQ1 2024: -6.8xQ2 2024: -6.5xQ3 2024: -3.5xQ4 2024: -4.7xQ1 2025: -3.9xQ2 2025: -3.1xQ3 2025: -3.5xQ4 2025: -6.4xQ1 2026: -6.7xQ2 2026: -6.1xQ3 2026: -5.4x
QuarterNet LeverageStatus
Q3 2026-5.4xNet Cash
Q2 2026-6.1xNet Cash
Q1 2026-6.7xNet Cash
Q4 2025-6.4xNet Cash
Q3 2025-3.5xNet Cash
Q2 2025-3.1xNet Cash
Q1 2025-3.9xNet Cash
Q4 2024-4.7xNet Cash

GS has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like GS.

AGM Weekly Momentum

MetricValueStatus
RSI34.8Neutral
Stochastic8.2Oversold

AGM's weekly RSI is 35 (neutral) and its Stochastic is 8 (oversold).

GS Weekly Momentum

MetricValueStatus
RSI44.5Neutral
Stochastic16.3Oversold

GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).

AGM PE vs Financial Services Sector

MetricAGMSector medianRelative
PE9.3x13x29% below
PE %236340 pts below

AGM has the edge over GS on valuation relative to its sector.

GS PE vs Financial Services Sector

MetricGSSector medianRelative
PE13x13x0.8% above
PE %466317 pts below

GS is trading at 13x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.

AGM Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$199.212% below
20 week MA$211.217% below
50 week MA$186.66.1% below
100 week MA$185.75.6% below
200 week MA$177.61.3% below

AGM is in a downtrend: it's below all five of its weekly moving averages, and 1.3% below its 200-week average.

GS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$895.52% above
20 week MA$977.46.5% below
50 week MA$945.43.4% below
100 week MA$804.514% above
200 week MA$602.752% above

GS has the edge over AGM on trend strength, trading above more of its moving averages.

AGM Yearly ROI

YearStart priceEnd priceROI
2020$84.2$73.9-12%
2021$73.9$120.7+63%
2022$120.7$114.0-5.5%
2023$114.0$191.2+68%
2024$191.2$197.3+3.2%
2025$197.3$177.6-10%
2026 YTD$177.6$175.2-1.3%

AGM has finished lower in three of the last six years. It's down 1.3% so far in 2026.

GS Yearly ROI

YearStart priceEnd priceROI
2020$230.7$256.2+11%
2021$256.2$385.0+50%
2022$385.0$345.5-10%
2023$345.5$385.8+12%
2024$385.8$576.2+49%
2025$576.2$907.0+57%
2026 YTD$907.0$913.6+0.7%

GS has the edge over AGM on returns for 2026, with the stronger performance.

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