Discounted Cash Flow

First Western Financial Inc.

MYFW · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2018 $30.6m $5.6m $17.1m 18.4% $0.64
2019 $32.1m (4.7%) $8.0m (41.8%) $-21.9m (-228.3%) 25.0% (35.5%) $1.02 (59.4%)
2020 $46.1m (43.8%) $24.5m (206.3%) $-94.5m (-331.1%) 53.2% (113.0%) $3.11 (204.9%)
2021 $56.5m (22.6%) $20.6m (-16.0%) $163.7m (273.2%) 36.5% (-31.5%) $2.58 (-17.0%)
2022 $83.2m (47.2%) $21.7m (5.3%) $45.3m (-72.3%) 26.1% (-28.5%) $2.29 (-11.2%)
2023 $71.1m (-14.5%) $5.2m (-75.9%) $19.5m (-56.9%) 7.3% (-71.8%) $0.55 (-76.0%)
2024 $64.3m (-9.5%) $8.5m (62.2%) $-1.8m (-109.0%) 13.2% (79.3%) $0.88 (60.0%)
2025 $75.4m (17.2%) $13.2m (55.6%) $-5.8m (-228.3%) 17.5% (32.8%) $1.36 (54.5%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model