Finward BancorpFNWD -1.49%59 EV-to-OCF is 4.92 as of Jul. 12, 2026, which is 44% below its 10-year median of 8.75. GuruFocus rates FNWD with a GF Score™ of 59/100 and a GF Value™ of $28.43 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,506 Banks companies, Finward Bancorp ranks worse than 55.38% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Finward Bancorp's Enterprise Value is $85.35 Mil.
Finward Bancorp's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $17.35 Mil. Therefore, Finward Bancorp's EV-to-OCF for today is 4.92.
The historical rank and industry rank for Finward Bancorp's EV-to-OCF or its related term are showing as below:
FNWD'
s EV-to-OCF Range Over the Past 10 Years
Min: 1.07 Med: 8.75 Max: 96.11
Current: 4.92
During the past 13 years, the highest EV-to-OCF of Finward Bancorp was 96.11. The lowest was 1.07. And the median was 8.75.
FNWD's EV-to-OCF is ranked worse than 55.38% of 1506
companies
in the Banks industry
Industry Median: 3.72
vs FNWD: 4.92
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Finward Bancorp's PE Ratio (TTM) for today is calculated as:
Finward Bancorp's share price for today is $35.59.
Finward Bancorp's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.290.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Finward Bancorp EV-to-OCF Related Terms
Finward Bancorp EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Finward Bancorp's EV-to-OCF 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.
For the Banks - Regional subindustry, Finward Bancorp's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Finward Bancorp EV-to-OCF vs Banks Industry
For the Banks industry and Financial Services sector, Finward Bancorp's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Finward Bancorp's EV-to-OCF falls into.
Finward Bancorp's current Enterprise Value is $85.35 Mil.
Finward Bancorp's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.35 Mil.
* 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.
Finward Bancorp (FNWD) has a EV-to-OCF of 4.92 as of Jul. 12, 2026. This is 44% below median its historical median of 8.75. Over the past decade, Finward Bancorp's EV-to-OCF has ranged from 1.07 to 96.11. According to the industry distribution chart, Finward Bancorp ranks #834 out of 1506 companies in the Banks industry, placing it in the top 55.4%.
Is Finward Bancorp's EV-to-OCF too high?
Finward Bancorp's current EV-to-OCF of 4.92 is 44% below median its 10-year median of 8.75. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 96.11. The Banks industry median EV-to-OCF is 3.72. Finward Bancorp's value of 4.92 is 32.3% above this industry median. Based on the distribution chart, Finward Bancorp ranks #834 out of 1506 companies in the Banks industry, which is below the industry midpoint. Overall, Finward Bancorp has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finward Bancorp's EV-to-OCF compare to INBC and SLBK?
According to the Banks industry distribution chart, Finward Bancorp ranks #834 out of 1506 companies for EV-to-OCF. This places Finward Bancorp in the lower half of its industry. The industry median EV-to-OCF is 3.72. Finward Bancorp's value of 4.92 is 32.3% above this benchmark. Historically, Finward Bancorp's own EV-to-OCF has ranged from 1.07 to 96.11 over the past decade. While the company's 10-year median is 8.75 vs. the industry median of 3.72, Finward Bancorp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Banks company?
The median EV-to-OCF among Banks companies is 3.72, based on 1,506 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Finward Bancorp's current EV-to-OCF of 4.92 is 32.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median EV-to-OCF is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finward Bancorp's current EV-to-OCF is 4.92, which is 44% below median its own 10-year median of 8.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finward Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Finward Bancorp (FNWD) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.43, compared to a current price of $35.59 — trading 25.2% above its estimated fair value. The current EV-to-OCF is 4.92, which is 44% below median its 10-year median of 8.75 and 32.3% above the Banks industry median of 3.72. Finward Bancorp's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Finward Bancorp (FNWD), the current EV-to-OCF is 4.92 as of Jul. 12, 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 Finward Bancorp (FNWD) Overvalued in 2026?
Based on GuruFocus' analysis, Finward Bancorp stock appears to be overvalued.
The current stock price of $35.59 is trading 25.2% above its estimated GF Value™ of $28.43.
GuruFocus considers Finward Bancorp to be Modestly Overvalued.
Key valuation signals for FNWD:
EV-to-OCF: 4.92 (44% below median its 10-year median of 8.75)
GF Value™: $28.43 vs. price of $35.59 (25.2% above fair value)
Industry Position: 32.3% above the Banks median (#834 of 1506)
No single metric tells the full story. See the FNWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finward Bancorp is a bank holding company that engages in the provision of financial services. It offers products and services related to Personal Banking, Cash Management, Savings Account, ebanking, Wealth Management, and Insurance Services. It is engaged in the business of attracting deposits from the general public and the origination of loans, mostly upon the security of single-family residences and commercial real estate, construction loans, commercial business loans, and municipal loans. Geographically, the activities are carried out throughout the United States. The Company operates as a single reportable segment that derives its revenue mainly from the business of banking.
59GF Score
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