Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Ps Multiple | 3.5x - 3.9x | 3.7x |
| Selected Fwd Ps Multiple | 2.9x - 3.2x | 3.1x |
| Fair Value | $198.32 - $219.19 | $208.75 |
| Upside | -18.6% - -10.0% | -14.3% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| Cathay General Bancorp | - | NasdaqGS:CATY |
| Bank of America Corporation | - | NYSE:BAC |
| Fifth Third Bancorp | - | NasdaqGS:FITB |
| TrustCo Bank Corp NY | - | NasdaqGS:TRST |
| The PNC Financial Services Group, Inc. | - | NYSE:PNC |
| JPMorgan Chase & Co. | - | NYSE:JPM |
| Select Price / LTM Sales Ratio | ||||||||
| Benchmark Companies | ||||||||
| CATY | BAC | FITB | TRST | PNC | JPM | |||
| NasdaqGS:CATY | NYSE:BAC | NasdaqGS:FITB | NasdaqGS:TRST | NYSE:PNC | NYSE:JPM | |||
| Historical Sales Growth | ||||||||
| 5Y CAGR | 2.0% | 2.3% | 0.1% | -0.5% | 5.3% | 8.7% | ||
| 3Y CAGR | 1.2% | 0.8% | -1.4% | -2.6% | 1.3% | 8.4% | ||
| Latest Twelve Months | -11.7% | 0.3% | -3.0% | -10.1% | 0.1% | 14.5% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 44.2% | 29.1% | 29.0% | 32.9% | 34.4% | 32.9% | ||
| Prior Fiscal Year | 45.2% | 26.0% | 27.0% | 31.0% | 24.7% | 32.8% | ||
| Latest Fiscal Year | 41.3% | 26.5% | 27.1% | 28.8% | 26.5% | 34.1% | ||
| Latest Twelve Months | 41.3% | 26.5% | 27.1% | 28.8% | 26.5% | 34.1% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | NA | NA | NA | NA | NA | NA | ||
| Price / LTM Sales | 4.3x | 3.3x | 3.3x | 3.4x | 3.3x | 4.1x | ||
| LTM P/E Ratio | 10.5x | 12.4x | 12.0x | 11.9x | 12.6x | 12.0x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/S Ratio | 3.3x | 3.3x | 4.3x | |||||
| Historical LTM P/S Ratio | 3.3x | 3.6x | 4.1x | |||||
| Selected Price / Sales Multiple | 3.5x | 3.7x | 3.9x | |||||
| (x) LTM Sales | 166,775 | 166,775 | 166,775 | |||||
| (=) Equity Value | 581,910 | 612,537 | 643,164 | |||||
| (/) Shares Outstanding | 2,796.1 | 2,796.1 | 2,796.1 | |||||
| Implied Value Range | 208.11 | 219.07 | 230.02 | |||||
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 208.11 | 219.07 | 230.02 | 243.66 | ||||
| Upside / (Downside) | -14.6% | -10.1% | -5.6% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | CATY | BAC | FITB | TRST | PNC | JPM | |
| Value of Common Equity | 3,010 | 315,440 | 25,913 | 582 | 69,114 | 681,299 | |
| (/) Shares Outstanding | 70.3 | 7,602.8 | 665.6 | 19.0 | 395.7 | 2,796.1 | |
| Implied Stock Price | 42.82 | 41.49 | 38.93 | 30.60 | 174.64 | 243.66 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 42.82 | 41.49 | 38.93 | 30.60 | 174.64 | 243.66 | |
| Trading Currency | USD | USD | USD | USD | USD | USD | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |