CA

Cathay General BancorpNASDAQ CATY Stock Report

Last reporting period 31 Dec, 2023

Updated 12 Nov, 2024

Last price

Market cap $B

3.074

Middle

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

Cathay General Fair Value

CA

The fair market value of CATY stock is 47.29 USD. Relative to the market price of 52.24 USD Cathay General is overvalued by 9.5%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 9.5%
47.29 USD
CATY Fair Value
52.24 USD
Market price of CATY

Cathay General Valuation

Current CATY share ticker price is 52.24 USD.

The fair value level of 47.29 USD can be considered as an effective entry point for long-term investors to start investing in CATY stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 9% higher its fair value

Min value

Current price is 35% higher its minimum value

Max value

Current price is 5% lower its maximum value

13.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

CATY stock is overvalued

It means the current price may concern as a Risky Entry Point

Cathay General Bancorp Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

11.2

2

Median P/E over 5 years

9.68

3

Minimum P/E over 5 years

6.94

4

Earning per share (last 12 months)

4.88 USD

Maximum value

1

x

4

=

54.7 USD

Fair value

2

x

4

=

47.29 USD

Minimum value

3

x

4

=

33.89 USD

Cathay General Bancorp price metrics

6.64

Annual return (geometric mean)

40.31

Risk (standard deviation) of returns

β

1.12

Beta (volatility compared to market)

It means that CATY stock is more volatile than the broader market

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View Section: Profitability