WallStSmart

AGNC Investment Corp. (AGNCN)vsAnnaly Capital Management, Inc. (NLY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Annaly Capital Management, Inc. generates 56% more annual revenue ($2.50B vs $1.60B). AGNCN leads profitability with a 91.7% profit margin vs 87.4%. NLY earns a higher WallStSmart Score of 77/100 (B+).

AGNCN

Buy

59

out of 100

Grade: C

Growth: 7.3Profit: 7.5Value: 6.0Quality: 2.5
Piotroski: 2/9Altman Z: -0.95

NLY

Strong Buy

77

out of 100

Grade: B+

Growth: 9.3Profit: 8.0Value: 5.3Quality: 2.5
Piotroski: 3/9Altman Z: -0.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AGNCNUndervalued (+19.9%)

Margin of Safety

+19.9%

Fair Value

$32.18

Current Price

$25.78

$6.40 discount

UndervaluedFair: $32.18Overvalued
NLYOvervalued (-13.9%)

Margin of Safety

-13.9%

Fair Value

$20.02

Current Price

$22.61

$2.59 premium

UndervaluedFair: $20.02Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AGNCN5 strengths · Avg: 9.6/10
Profit MarginProfitability
91.7%10/10

Keeps 92 of every $100 in revenue as profit

Operating MarginProfitability
129.8%10/10

Strong operational efficiency at 129.8%

Revenue GrowthGrowth
546.0%10/10

Revenue surging 546.0% year-over-year

EPS GrowthGrowth
772.0%10/10

Earnings expanding 772.0% YoY

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

NLY6 strengths · Avg: 10.0/10
P/E RatioValuation
7.2x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Profit MarginProfitability
87.4%10/10

Keeps 87 of every $100 in revenue as profit

Operating MarginProfitability
81.0%10/10

Strong operational efficiency at 81.0%

Revenue GrowthGrowth
48.8%10/10

Revenue surging 48.8% year-over-year

EPS GrowthGrowth
122.5%10/10

Earnings expanding 122.5% YoY

Areas to Watch

AGNCN3 concerns · Avg: 2.0/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Altman Z-ScoreHealth
-0.952/10

Distress zone — elevated risk

Debt/EquityHealth
8.211/10

Elevated debt levels

NLY4 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
32.032/10

Expensive relative to growth rate

Free Cash FlowQuality
$-1.90B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
-0.562/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : AGNCN

The strongest argument for AGNCN centers on Profit Margin, Operating Margin, Revenue Growth. Profitability is solid with margins at 91.7% and operating margin at 129.8%. Revenue growth of 546.0% demonstrates continued momentum.

Bull Case : NLY

The strongest argument for NLY centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 87.4% and operating margin at 81.0%. Revenue growth of 48.8% demonstrates continued momentum.

Bear Case : AGNCN

The primary concerns for AGNCN are Piotroski F-Score, Altman Z-Score, Debt/Equity. Debt-to-equity of 8.21 is elevated, increasing financial risk.

Bear Case : NLY

The primary concerns for NLY are Piotroski F-Score, PEG Ratio, Free Cash Flow. Debt-to-equity of 6.95 is elevated, increasing financial risk.

Key Dynamics to Monitor

AGNCN carries more volatility with a beta of 1.33 — expect wider price swings.

AGNCN is growing revenue faster at 546.0% — sustainability is the question.

AGNCN generates stronger free cash flow (387M), providing more financial flexibility.

Monitor REIT - MORTGAGE industry trends, competitive dynamics, and regulatory changes.

Bottom Line

NLY scores higher overall (77/100 vs 59/100), backed by strong 87.4% margins and 48.8% revenue growth. AGNCN offers better value entry with a 19.9% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

AGNC Investment Corp.

REAL ESTATE · REIT - MORTGAGE · USA

AGNC Investment Corp. The company is headquartered in Bethesda, Maryland.

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Annaly Capital Management, Inc.

REAL ESTATE · REIT - MORTGAGE · USA

Annaly Capital Management, Inc., a diversified capital manager, invests in and finances residential and commercial assets. The company is headquartered in New York, New York.

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