Cathay General Bancorp Stock Return On Equity
| CATY Stock | USD 52.01 0.30 0.57% |
Cathay General Bancorp fundamentals help investors to digest information that contributes to Cathay General's financial success or failures. It also enables traders to predict the movement of Cathay Stock. The fundamental analysis module provides a way to measure Cathay General's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cathay General stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.13 | 0.12 |
Cathay | Return On Equity |
Cathay General Bancorp Company Return On Equity Analysis
Cathay General's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Cathay General Return On Equity | 0.11 |
Most of Cathay General's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cathay General Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cathay Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Cathay General is extremely important. It helps to project a fair market value of Cathay Stock properly, considering its historical fundamentals such as Return On Equity. Since Cathay General's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cathay General's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cathay General's interrelated accounts and indicators.
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Cathay Return On Equity Historical Pattern
Today, most investors in Cathay General Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cathay General's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cathay General return on equity as a starting point in their analysis.
Cathay General Return On Equity |
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Cathay Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Cathay General Bancorp has a Return On Equity of 0.1054. This is 92.73% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 134.0% lower than that of the firm.
Cathay Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cathay General's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cathay General could also be used in its relative valuation, which is a method of valuing Cathay General by comparing valuation metrics of similar companies.Cathay General is currently under evaluation in return on equity category among its peers.
Cathay General Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cathay General from analyzing Cathay General's financial statements. These drivers represent accounts that assess Cathay General's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cathay General's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.0B | 2.6B | 3.4B | 3.0B | 3.2B | 3.4B | |
| Enterprise Value | 3.7B | 2.7B | 3.4B | 3.5B | 3.8B | 4.0B |
Cathay General ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cathay General's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cathay General's managers, analysts, and investors.Environmental | Governance | Social |
Cathay Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0125 | ||||
| Profit Margin | 0.40 % | ||||
| Operating Margin | 0.61 % | ||||
| Current Valuation | 2.61 B | ||||
| Shares Outstanding | 71.2 M | ||||
| Shares Owned By Insiders | 5.79 % | ||||
| Shares Owned By Institutions | 75.67 % | ||||
| Number Of Shares Shorted | 2.46 M | ||||
| Price To Earning | 14.38 X | ||||
| Price To Book | 1.31 X | ||||
| Price To Sales | 5.12 X | ||||
| Revenue | 784.06 M | ||||
| Gross Profit | 775.97 M | ||||
| EBITDA | 1.31 M | ||||
| Net Income | 354.12 M | ||||
| Cash And Equivalents | 200.05 M | ||||
| Cash Per Share | 2.72 X | ||||
| Total Debt | 709.72 M | ||||
| Debt To Equity | 0.08 % | ||||
| Book Value Per Share | 39.66 X | ||||
| Cash Flow From Operations | 384.74 M | ||||
| Short Ratio | 7.94 X | ||||
| Earnings Per Share | 3.96 X | ||||
| Price To Earnings To Growth | 2.08 X | ||||
| Target Price | 46.8 | ||||
| Number Of Employees | 1.25 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 3.7 B | ||||
| Total Asset | 23.08 B | ||||
| Retained Earnings | 2.5 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.25 % | ||||
| Net Asset | 23.08 B | ||||
| Last Dividend Paid | 1.36 |
About Cathay General Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cathay General Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cathay General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cathay General Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Cathay General's price analysis, check to measure Cathay General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.