CATY Valuation

Cathay General Bancorp

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47.060

+0.5(1.074%)1D

CATY Relative Valuation

CATY's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, CATY is overvalued; if below, it's undervalued.

Historical Valuation

Cathay General Bancorp (CATY) is now in the Fair zone, suggesting that its current forward PE ratio of 9.37 is considered Fairly compared with the five-year average of 9.67. The fair price of Cathay General Bancorp (CATY) is between 44.33 to 56.25 according to relative valuation methord.

Relative Value

Fair Zone

44.33-56.25

Current Price：46.44

Fair

9.47

Trailing

Forward

0.00

EV/EBITDA

Cathay General Bancorp. (CATY) has a current EV/EBITDA of 0.00. The 5-year average EV/EBITDA is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward EV/EBITDA of 0.00 falls within the Strongly Undervalued range.

NaN

EV/EBIT

Cathay General Bancorp. (CATY) has a current EV/EBIT of NaN. The 5-year average EV/EBIT is NaN. The thresholds are as follows: Strongly Undervalued below NaN, Undervalued between NaN and NaN, Fairly Valued between NaN and NaN, Overvalued between NaN and NaN, and Strongly Overvalued above NaN. The current Forward EV/EBIT of NaN falls within the range.

47.06

Cathay General Bancorp. (CATY) has a current PS of 47.06. The 5-year average PS is 4.38. The thresholds are as follows: Strongly Undervalued below -3.27, Undervalued between -3.27 and 0.55, Fairly Valued between 8.20 and 0.55, Overvalued between 8.20 and 12.02, and Strongly Overvalued above 12.02. The current Forward PS of 47.06 falls within the Strongly Overvalued range.

0.00

P/OCF

Cathay General Bancorp. (CATY) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/OCF of 0.00 falls within the Strongly Undervalued range.

0.00

P/FCF

Cathay General Bancorp. (CATY) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.

Cathay General Bancorp (CATY) has a current Price-to-Book (P/B) ratio of 1.10. Compared to its 3-year average P/B ratio of 1.09 , the current P/B ratio is approximately 0.82% higher. Relative to its 5-year average P/B ratio of 1.17, the current P/B ratio is about -6.08% higher. Cathay General Bancorp (CATY) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 12.88%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 11.98% , the current FCF yield is about -100.00% lower.

1.11

P/B

Median3y

1.09

Median5y

1.17

0.00

FCF Yield

Median3y

12.88

Median5y

11.98

Competitors Valuation Multiple

The average P/S ratio for CATY's competitors is 36.65, providing a benchmark for relative valuation. Cathay General Bancorp Corp (CATY) exhibits a P/S ratio of 47.06, which is 28.39% above the industry average. Given its robust revenue growth of 12.03%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

CATY.O

Cathay General Bancorp

First Interstate Bancsystem Inc

32.49

1.87%

3.34B

Performance Decomposition

Market capitalization of CATY decreased by 8.85% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 175.02M to 196.08M.

The secondary factor is the Margin Expansion, contributed 2.67%to the performance.

Overall, the performance of CATY in the past 1 year is driven by Revenue Growth. Which is more sustainable.

12.03%

175.02M → 196.08M

Revenue Growth

2.67%

38.57 → 39.60

Margin Expansion

-23.55%

14.21 → 10.86

P/E Change

-8.85%