Cathay General Bancorp Stock Current Valuation
| CATY Stock | USD 53.85 1.04 1.97% |
Valuation analysis of Cathay General Bancorp helps investors to measure Cathay General's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to rise to about 4 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 70.59 in 2024. Fundamental drivers impacting Cathay General's valuation include:
Price Book 1.3285 | Enterprise Value 2.7 B | Price Sales 5.1952 | Trailing PE 13.3359 | Enterprise Value Revenue 5.3306 |
Overvalued
Today
Please note that Cathay General's price fluctuation is very steady at this time. Calculation of the real value of Cathay General Bancorp is based on 3 months time horizon. Increasing Cathay General's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Cathay General is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Cathay Stock. However, Cathay General's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 53.85 | Real 48.0 | Target 37.33 | Hype 53.42 | Naive 52.68 |
The intrinsic value of Cathay General's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Cathay General's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Cathay General Bancorp helps investors to forecast how Cathay stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Cathay General more accurately as focusing exclusively on Cathay General's fundamentals will not take into account other important factors: Cathay General Bancorp Company Current Valuation Analysis
Cathay General's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Cathay General Current Valuation | 2.66 B |
Most of Cathay General's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cathay General Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cathay Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Cathay General is extremely important. It helps to project a fair market value of Cathay Stock properly, considering its historical fundamentals such as Current Valuation. Since Cathay General's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cathay General's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cathay General's interrelated accounts and indicators.
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Cathay Current Valuation Historical Pattern
Today, most investors in Cathay General Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cathay General's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cathay General current valuation as a starting point in their analysis.
Cathay General Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Cathay General Bancorp has a Current Valuation of 2.66 B. This is 91.89% lower than that of the Banks sector and significantly higher than that of the Financials industry. The current valuation for all United States stocks is 83.98% higher than that of the company.
Cathay Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cathay General's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cathay General could also be used in its relative valuation, which is a method of valuing Cathay General by comparing valuation metrics of similar companies.Cathay General is currently under evaluation in current valuation category among its peers.
Cathay General Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cathay General from analyzing Cathay General's financial statements. These drivers represent accounts that assess Cathay General's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cathay General's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.0B | 2.6B | 3.4B | 3.0B | 3.2B | 3.4B | |
| Enterprise Value | 3.7B | 2.7B | 3.4B | 3.5B | 3.8B | 4.0B |
Cathay General ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cathay General's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cathay General's managers, analysts, and investors.Environmental | Governance | Social |
Cathay Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0125 | ||||
| Profit Margin | 0.40 % | ||||
| Operating Margin | 0.61 % | ||||
| Current Valuation | 2.66 B | ||||
| Shares Outstanding | 71.2 M | ||||
| Shares Owned By Insiders | 5.79 % | ||||
| Shares Owned By Institutions | 75.65 % | ||||
| Number Of Shares Shorted | 2.35 M | ||||
| Price To Earning | 14.38 X | ||||
| Price To Book | 1.33 X | ||||
| Price To Sales | 5.20 X | ||||
| Revenue | 784.06 M | ||||
| Gross Profit | 775.97 M | ||||
| EBITDA | 1.31 M | ||||
| Net Income | 354.12 M | ||||
| Cash And Equivalents | 200.05 M | ||||
| Cash Per Share | 2.72 X | ||||
| Total Debt | 709.72 M | ||||
| Debt To Equity | 0.08 % | ||||
| Book Value Per Share | 39.66 X | ||||
| Cash Flow From Operations | 384.74 M | ||||
| Short Ratio | 10.17 X | ||||
| Earnings Per Share | 3.96 X | ||||
| Price To Earnings To Growth | 2.08 X | ||||
| Target Price | 46.8 | ||||
| Number Of Employees | 1.25 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 3.76 B | ||||
| Total Asset | 23.08 B | ||||
| Retained Earnings | 2.5 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.25 % | ||||
| Net Asset | 23.08 B | ||||
| Last Dividend Paid | 1.36 |
About Cathay General Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cathay General Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay General Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Cathay General's price analysis, check to measure Cathay General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.