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Cathay General Bancorp (NAS:CATY) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Cathay General Bancorp Net Cash per Share Related Terms
Cathay General Bancorp Net Cash per Share Historical Data
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The historical data trend for Cathay General Bancorp's Net Cash per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CATY vs UCB, WSFS, FBP: Net Cash per Share Comparison
For the Banks - Regional subindustry, Cathay General Bancorp's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cathay General Bancorp Price-to-Net-Cash vs Banks Industry
For the Banks industry and Financial Services sector, Cathay General Bancorp's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Cathay General Bancorp's Price-to-Net-Cash falls into.
Cathay General Bancorp Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Cathay General Bancorp's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cathay General Bancorp (CATY) has a Net Cash per Share of $-320.87 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Cathay General Bancorp and its competitors. According to the industry distribution chart, Cathay General Bancorp ranks #999999 out of 7 companies in the Banks industry.
Is Cathay General Bancorp's Net Cash per Share too high?
Cathay General Bancorp's current Net Cash per Share is $-320.87. Based on the distribution chart, Cathay General Bancorp ranks #999999 out of 7 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Cathay General Bancorp has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cathay General Bancorp's Net Cash per Share compare to UCB and WSFS?
According to the Banks industry distribution chart, Cathay General Bancorp ranks #999999 out of 7 companies for Net Cash per Share. This places Cathay General Bancorp in the lower half of its industry. The industry median Net Cash per Share is 1.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Banks company?
The median Net Cash per Share among Banks companies is 1.72, based on 7 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Cathay General Bancorp and its competitors. For the Banks industry, the median Net Cash per Share is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cathay General Bancorp's current Net Cash per Share is $-320.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay General Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Cathay General Bancorp (CATY) is currently considered Modestly Overvalued. The stock's GF Value™ is $54.59, compared to a current price of $61.48 — trading 12.6% above its estimated fair value. The current Net Cash per Share is $-320.87. Cathay General Bancorp's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Cathay General Bancorp (CATY), the current Net Cash per Share is $-320.87 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cathay General Bancorp (CATY) Overvalued in 2026?
Based on GuruFocus' analysis, Cathay General Bancorp stock appears to be overvalued.
The current stock price of $61.48 is trading 12.6% above its estimated GF Value™ of $54.59.
GuruFocus considers Cathay General Bancorp to be Modestly Overvalued.
Key valuation signals for CATY:
Net Cash per Share: $-320.87
GF Value™: $54.59 vs. price of $61.48 (12.6% above fair value)
No single metric tells the full story. See the CATY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credit, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities, and advisory services.
80GF Score
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