50.48 USD
-0.36 (-0.71%)
50.48 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CATY. CATY was compared to 383 industry peers in the Banks industry. CATY has only an average score on both its financial health and profitability. CATY has a correct valuation and a medium growth rate. Finally CATY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CATY was profitable.
In the past year CATY had a positive cash flow from operations.
Each year in the past 5 years CATY has been profitable.
In the past 5 years CATY always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 1.27%, CATY belongs to the best of the industry, outperforming 80.42% of the companies in the same industry.
CATY's Return On Equity of 10.50% is fine compared to the rest of the industry. CATY outperforms 68.41% of its industry peers.
| 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
CATY has a better Profit Margin (39.00%) than 94.52% of its industry peers.
In the last couple of years the Profit Margin of CATY has declined.
CATY does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| 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.
CATY has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CATY has been reduced compared to 5 years ago.
CATY has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CATY is 0.35, which is an excellent value as it means it would take CATY, only 0.35 years of fcf income to pay off all of its debts.
CATY's Debt to FCF ratio of 0.35 is amongst the best of the industry. CATY outperforms 83.55% of its industry peers.
CATY has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
CATY has a Debt to Equity ratio of 0.05. This is amongst the best in the industry. CATY outperforms 81.20% of its industry peers.
| 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
The Earnings Per Share has grown by an nice 9.07% over the past year.
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.
The Revenue has been growing slightly by 3.30% on average over the past years.
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
Based on estimates for the next years, CATY will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.76% on average per year.
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 Y13.96%
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 11.66, the valuation of CATY can be described as reasonable.
CATY's Price/Earnings ratio is a bit cheaper when compared to the industry. CATY is cheaper than 62.92% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.19. CATY is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.68 indicates a reasonable valuation of CATY.
Based on the Price/Forward Earnings ratio, CATY is valued a bit cheaper than the industry average as 64.75% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.92. CATY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.66 | ||
| Fwd PE | 9.68 |
4.2 Price Multiples
CATY's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CATY is cheaper than 76.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.7 | ||
| 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)0.84
PEG (5Y)4.45
EPS Next 2Y14.76%
EPS Next 3Y12.76%
5. Dividend
5.1 Amount
CATY has a Yearly Dividend Yield of 2.68%.
Compared to an average industry Dividend Yield of 2.90, CATY has a dividend in line with its industry peers.
CATY's Dividend Yield is a higher than the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
5.2 History
The dividend of CATY has a limited annual growth rate of 2.09%.
CATY has been paying a dividend for at least 10 years, so it has a reliable track record.
CATY has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.09%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
CATY pays out 31.20% of its income as dividend. This is a 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%
50.48
-0.36 (-0.71%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners76.66%
Inst Owner Change-0.11%
Ins Owners1.5%
Ins Owner Change-4.73%
Market Cap3.43B
Revenue(TTM)781.55M
Net Income(TTM)304.81M
Analysts52
Price Target52.84 (4.68%)
Short Float %2.79%
Short Ratio4.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
Yearly Dividend1.37
Dividend Growth(5Y)2.09%
DP31.2%
Div Incr Years0
Div Non Decr Years14
Ex-DateN/A
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)1.17%
PT rev (3m)2.37%
EPS NQ rev (1m)1.05%
EPS NQ rev (3m)1.99%
EPS NY rev (1m)0.26%
EPS NY rev (3m)-0.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.66 | ||
| Fwd PE | 9.68 | ||
| P/S | 4.39 | ||
| P/FCF | 8.7 | ||
| P/OCF | 8.58 | ||
| P/B | 1.18 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.33
EY8.58%
EPS(NY)5.22
Fwd EY10.33%
FCF(TTM)5.8
FCFY11.5%
OCF(TTM)5.88
OCFY11.66%
SpS11.49
BVpS42.66
TBVpS37.09
PEG (NY)0.84
PEG (5Y)4.45
Graham Number64.46
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 Y13.96%
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.
What is the valuation status of CATHAY GENERAL BANCORP (CATY) stock?
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.
Can you provide the expected EPS growth for CATY stock?
The Earnings per Share (EPS) of CATHAY GENERAL BANCORP (CATY) is expected to grow by 13.96% in the next year.
Is the dividend of CATHAY GENERAL BANCORP sustainable?
The dividend rating of CATHAY GENERAL BANCORP (CATY) is 7 / 10 and the dividend payout ratio is 31.2%.