49.25 USD
+1.5 (+3.14%)
49.25 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CATY. CATY was compared to 387 industry peers in the Banks industry. CATY has only an average score on both its financial health and profitability. CATY has a decent growth rate and is not valued too expensively. CATY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CATY had positive earnings in the past year.
In the past year CATY had a positive cash flow from operations.
CATY had positive earnings in each of the past 5 years.
In the past 5 years CATY always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CATY (1.27%) is better than 81.14% of its industry peers.
With a decent Return On Equity value of 10.50%, CATY is doing good in the industry, outperforming 68.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.27% | ||
| ROE | 10.5% | ||
| ROIC | N/A |
ROA(3y)1.47%
ROA(5y)1.41%
ROE(3y)12.52%
ROE(5y)11.85%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CATY (39.00%) is better than 94.57% of its industry peers.
CATY's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for CATY so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 39% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.01%
PM growth 5Y-2.72%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CATY does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CATY has less shares outstanding
CATY has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CATY is higher compared to a year ago.
2.2 Solvency
CATY has a debt to FCF ratio of 0.35. This is a very positive value and a sign of high solvency as it would only need 0.35 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.35, CATY belongs to the top of the industry, outperforming 83.46% of the companies in the same industry.
A Debt/Equity ratio of 0.05 indicates that CATY is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.05, CATY belongs to the best of the industry, outperforming 80.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.35 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC22.98%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CATY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.07%, which is quite good.
Measured over the past 5 years, CATY shows a small growth in Earnings Per Share. The EPS has been growing by 2.62% on average per year.
The Revenue has been growing slightly by 4.42% in the past year.
Measured over the past years, CATY shows a small growth in Revenue. The Revenue has been growing by 3.30% on average per year.
EPS 1Y (TTM)9.07%
EPS 3Y1.3%
EPS 5Y2.62%
EPS Q2Q%20.21%
Revenue 1Y (TTM)4.42%
Revenue growth 3Y3.8%
Revenue growth 5Y3.3%
Sales Q2Q%11.13%
3.2 Future
The Earnings Per Share is expected to grow by 12.76% on average over the next years. This is quite good.
Based on estimates for the next years, CATY will show a small growth in Revenue. The Revenue will grow by 7.96% on average per year.
EPS Next Y13.66%
EPS Next 2Y14.76%
EPS Next 3Y12.76%
EPS Next 5YN/A
Revenue Next Year10.08%
Revenue Next 2Y9.22%
Revenue Next 3Y7.96%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.37, the valuation of CATY can be described as very reasonable.
Based on the Price/Earnings ratio, CATY is valued a bit cheaper than the industry average as 60.72% of the companies are valued more expensively.
CATY is valuated cheaply when we compare the Price/Earnings ratio to 25.65, which is the current average of the S&P500 Index.
CATY is valuated reasonably with a Price/Forward Earnings ratio of 9.44.
CATY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CATY is cheaper than 63.57% of the companies in the same industry.
CATY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.37 | ||
| Fwd PE | 9.44 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CATY is valued a bit cheaper than 76.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.62 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CATY's earnings are expected to grow with 12.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.83
PEG (5Y)4.34
EPS Next 2Y14.76%
EPS Next 3Y12.76%
5. Dividend
5.1 Amount
CATY has a Yearly Dividend Yield of 2.95%.
CATY's Dividend Yield is comparable with the industry average which is at 3.33.
CATY's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
5.2 History
The dividend of CATY has a limited annual growth rate of 2.09%.
CATY has paid a dividend for at least 10 years, which is a reliable track record.
CATY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.09%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
31.20% of the earnings are spent on dividend by CATY. This is a low number and sustainable payout ratio.
CATY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP31.2%
EPS Next 2Y14.76%
EPS Next 3Y12.76%
49.25
+1.5 (+3.14%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners76.77%
Inst Owner Change-2.02%
Ins Owners1.49%
Ins Owner Change-3.2%
Market Cap3.40B
Revenue(TTM)781.55M
Net Income(TTM)304.81M
Analysts52
Price Target52.22 (6.03%)
Short Float %2.62%
Short Ratio4.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
Yearly Dividend1.37
Dividend Growth(5Y)2.09%
DP31.2%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.88%
Min EPS beat(2)-4.07%
Max EPS beat(2)-1.69%
EPS beat(4)1
Avg EPS beat(4)-1.27%
Min EPS beat(4)-4.07%
Max EPS beat(4)0.87%
EPS beat(8)2
Avg EPS beat(8)-1.2%
EPS beat(12)5
Avg EPS beat(12)0.07%
EPS beat(16)8
Avg EPS beat(16)1.14%
Revenue beat(2)1
Avg Revenue beat(2)-0.05%
Min Revenue beat(2)-1.96%
Max Revenue beat(2)1.86%
Revenue beat(4)1
Avg Revenue beat(4)-0.58%
Min Revenue beat(4)-1.96%
Max Revenue beat(4)1.86%
Revenue beat(8)3
Avg Revenue beat(8)-1.16%
Revenue beat(12)4
Avg Revenue beat(12)-1.31%
Revenue beat(16)7
Avg Revenue beat(16)-0.53%
PT rev (1m)1.19%
PT rev (3m)-0.78%
EPS NQ rev (1m)0.52%
EPS NQ rev (3m)0.93%
EPS NY rev (1m)-0.83%
EPS NY rev (3m)-0.34%
Revenue NQ rev (1m)1.92%
Revenue NQ rev (3m)1.92%
Revenue NY rev (1m)1.22%
Revenue NY rev (3m)1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.37 | ||
| Fwd PE | 9.44 | ||
| P/S | 4.35 | ||
| P/FCF | 8.62 | ||
| P/OCF | 8.5 | ||
| P/B | 1.17 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.33
EY8.79%
EPS(NY)5.22
Fwd EY10.59%
FCF(TTM)5.72
FCFY11.61%
OCF(TTM)5.79
OCFY11.77%
SpS11.31
BVpS42.01
TBVpS36.53
PEG (NY)0.83
PEG (5Y)4.34
Graham Number63.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.27% | ||
| ROE | 10.5% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 39% | ||
| GM | N/A | ||
| FCFM | 50.53% |
ROA(3y)1.47%
ROA(5y)1.41%
ROE(3y)12.52%
ROE(5y)11.85%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.01%
PM growth 5Y-2.72%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.35 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | -1335.87% | ||
| Cap/Sales | 0.7% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 129.55% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC22.98%
ROIC/WACCN/A
Cap/Depr(3y)41.75%
Cap/Depr(5y)49.36%
Cap/Sales(3y)0.45%
Cap/Sales(5y)0.58%
Profit Quality(3y)116.73%
Profit Quality(5y)119.66%
High Growth Momentum
Growth
EPS 1Y (TTM)9.07%
EPS 3Y1.3%
EPS 5Y2.62%
EPS Q2Q%20.21%
EPS Next Y13.66%
EPS Next 2Y14.76%
EPS Next 3Y12.76%
EPS Next 5YN/A
Revenue 1Y (TTM)4.42%
Revenue growth 3Y3.8%
Revenue growth 5Y3.3%
Sales Q2Q%11.13%
Revenue Next Year10.08%
Revenue Next 2Y9.22%
Revenue Next 3Y7.96%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-4.71%
FCF growth 3Y-0.51%
FCF growth 5Y-5.32%
OCF growth 1Y-3.84%
OCF growth 3Y-0.52%
OCF growth 5Y-5.42%
CATHAY GENERAL BANCORP / CATY FAQ
What is the fundamental rating for CATY stock?
ChartMill assigns a fundamental rating of 5 / 10 to CATY.
Can you provide the valuation status for CATHAY GENERAL BANCORP?
ChartMill assigns a valuation rating of 6 / 10 to CATHAY GENERAL BANCORP (CATY). This can be considered as Fairly Valued.
Can you provide the profitability details for CATHAY GENERAL BANCORP?
CATHAY GENERAL BANCORP (CATY) has a profitability rating of 4 / 10.
How financially healthy is CATHAY GENERAL BANCORP?
The financial health rating of CATHAY GENERAL BANCORP (CATY) is 4 / 10.
How sustainable is the dividend of CATHAY GENERAL BANCORP (CATY) stock?
The dividend rating of CATHAY GENERAL BANCORP (CATY) is 7 / 10 and the dividend payout ratio is 31.2%.