Logo image of CATY

CATHAY GENERAL BANCORP (CATY) Stock Fundamental Analysis

NASDAQ:CATY - Nasdaq - US1491501045 - Common Stock - Currency: USD

42.94  +0.89 (+2.12%)

After market: 42.94 0 (0%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to CATY. CATY was compared to 398 industry peers in the Banks industry. Both the profitability and the financial health of CATY get a neutral evaluation. Nothing too spectacular is happening here. CATY is not valued too expensively and it also shows a decent growth rate. Finally CATY also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

Quickly go to:

4

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.
Each year in the past 5 years CATY had a positive operating cash flow.
CATY Yearly Net Income VS EBIT VS OCF VS FCFCATY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

1.2 Ratios

The Return On Assets of CATY (1.24%) is better than 81.41% of its industry peers.
CATY has a Return On Equity of 10.05%. This is in the better half of the industry: CATY outperforms 66.58% of its industry peers.
Industry RankSector Rank
ROA 1.24%
ROE 10.05%
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
CATY Yearly ROA, ROE, ROICCATY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10

1.3 Margins

CATY has a better Profit Margin (39.19%) than 94.47% 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 RankSector Rank
OM N/A
PM (TTM) 39.19%
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
CATY Yearly Profit, Operating, Gross MarginsCATY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

4

2. Health

2.1 Basic Checks

CATY does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CATY has been reduced compared to 1 year ago.
Compared to 5 years ago, CATY has less shares outstanding
The debt/assets ratio for CATY is higher compared to a year ago.
CATY Yearly Shares OutstandingCATY Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
CATY Yearly Total Debt VS Total AssetsCATY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

The Debt to FCF ratio of CATY is 0.42, which is an excellent value as it means it would take CATY, only 0.42 years of fcf income to pay off all of its debts.
CATY has a better Debt to FCF ratio (0.42) than 83.67% of its industry peers.
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 81.41% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 0.42
Altman-Z N/A
ROIC/WACCN/A
WACC24.87%
CATY Yearly LT Debt VS Equity VS FCFCATY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
CATY Yearly Current Assets VS Current LiabilitesCATY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

More info and screens

4

3. Growth

3.1 Past

The earnings per share for CATY have decreased strongly by -12.39% in the last year.
The Earnings Per Share has been growing slightly by 2.62% on average over the past years.
Looking at the last year, CATY shows a decrease in Revenue. The Revenue has decreased by -9.92% in the last year.
CATY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.30% yearly.
EPS 1Y (TTM)-12.39%
EPS 3Y1.3%
EPS 5Y2.62%
EPS Q2Q%0%
Revenue 1Y (TTM)-9.92%
Revenue growth 3Y3.8%
Revenue growth 5Y3.3%
Sales Q2Q%7.23%

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 10.41% on average per year.
The Revenue is expected to grow by 7.64% on average over the next years.
EPS Next Y8.81%
EPS Next 2Y10.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.15%
Revenue Next 2Y7.64%
Revenue Next 3YN/A
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.
CATY Yearly Revenue VS EstimatesCATY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M
CATY Yearly EPS VS EstimatesCATY Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

More info and screens

5

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 10.84, the valuation of CATY can be described as reasonable.
Based on the Price/Earnings ratio, CATY is valued a bit cheaper than the industry average as 65.08% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.22. CATY is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.89, the valuation of CATY can be described as very reasonable.
CATY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CATY is cheaper than 66.33% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.86. CATY is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 10.84
Fwd PE 8.89
CATY Price Earnings VS Forward Price EarningsCATY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of CATY indicates a somewhat cheap valuation: CATY is cheaper than 69.85% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 9.23
EV/EBITDA N/A
CATY Per share dataCATY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.23
PEG (5Y)4.14
EPS Next 2Y10.41%
EPS Next 3YN/A

More info and screens

7

5. Dividend

5.1 Amount

CATY has a Yearly Dividend Yield of 3.23%.
CATY's Dividend Yield is comparable with the industry average which is at 3.50.
Compared to an average S&P500 Dividend Yield of 2.44, CATY pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 3.23%

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
CATY Yearly Dividends per shareCATY Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

34.26% 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.
DP34.26%
EPS Next 2Y10.41%
EPS Next 3YN/A
CATY Yearly Income VS Free CF VS DividendCATY Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
CATY Dividend Payout.CATY Dividend Payout, showing the Payout Ratio.CATY Dividend Payout.PayoutRetained Earnings

More info and screens

CATHAY GENERAL BANCORP

NASDAQ:CATY (5/2/2025, 8:00:02 PM)

After market: 42.94 0 (0%)

42.94

+0.89 (+2.12%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)04-21 2025-04-21/amc
Earnings (Next)07-21 2025-07-21/amc
Inst Owners76.67%
Inst Owner Change-0.49%
Ins Owners1.45%
Ins Owner Change4.53%
Market Cap3.01B
Analysts51.11
Price Target49.78 (15.93%)
Short Float %2.85%
Short Ratio3.78
Dividend
Industry RankSector Rank
Dividend Yield 3.23%
Yearly Dividend1.37
Dividend Growth(5Y)2.09%
DP34.26%
Div Incr Years0
Div Non Decr Years14
Ex-Date02-27 2025-02-27 (0.34)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.59%
Min EPS beat(2)-2.99%
Max EPS beat(2)-0.18%
EPS beat(4)0
Avg EPS beat(4)-2.23%
Min EPS beat(4)-3.72%
Max EPS beat(4)-0.18%
EPS beat(8)4
Avg EPS beat(8)1.35%
EPS beat(12)6
Avg EPS beat(12)1.52%
EPS beat(16)10
Avg EPS beat(16)3.45%
Revenue beat(2)1
Avg Revenue beat(2)0.47%
Min Revenue beat(2)-1.14%
Max Revenue beat(2)2.07%
Revenue beat(4)1
Avg Revenue beat(4)-2.44%
Min Revenue beat(4)-8.38%
Max Revenue beat(4)2.07%
Revenue beat(8)3
Avg Revenue beat(8)-1.5%
Revenue beat(12)5
Avg Revenue beat(12)-0.9%
Revenue beat(16)7
Avg Revenue beat(16)-0.61%
PT rev (1m)-6.87%
PT rev (3m)-6.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.69%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)2.2%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)0.59%
Revenue NY rev (1m)1.78%
Revenue NY rev (3m)3.45%
Valuation
Industry RankSector Rank
PE 10.84
Fwd PE 8.89
P/S 4.12
P/FCF 9.23
P/OCF 9.13
P/B 1.06
P/tB 1.22
EV/EBITDA N/A
EPS(TTM)3.96
EY9.22%
EPS(NY)4.83
Fwd EY11.24%
FCF(TTM)4.65
FCFY10.83%
OCF(TTM)4.7
OCFY10.95%
SpS10.42
BVpS40.65
TBVpS35.24
PEG (NY)1.23
PEG (5Y)4.14
Profitability
Industry RankSector Rank
ROA 1.24%
ROE 10.05%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 39.19%
GM N/A
FCFM 44.61%
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
ROICexcg growth 3YN/A
ROICexcg 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-Score5
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 0.42
Debt/EBITDA N/A
Cap/Depr 21.61%
Cap/Sales 0.5%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 113.83%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC24.87%
ROIC/WACCN/A
Cap/Depr(3y)24.8%
Cap/Depr(5y)39.19%
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)-12.39%
EPS 3Y1.3%
EPS 5Y2.62%
EPS Q2Q%0%
EPS Next Y8.81%
EPS Next 2Y10.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.92%
Revenue growth 3Y3.8%
Revenue growth 5Y3.3%
Sales Q2Q%7.23%
Revenue Next Year8.15%
Revenue Next 2Y7.64%
Revenue Next 3YN/A
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-14.64%
FCF growth 3Y-0.51%
FCF growth 5Y-5.32%
OCF growth 1Y-14.45%
OCF growth 3Y-0.52%
OCF growth 5Y-5.42%