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First Financial Northwest (First Financial Northwest) Intrinsic Value: Projected FCF : $28.52 (As of Apr. 26, 2024)


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What is First Financial Northwest Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-26), First Financial Northwest's Intrinsic Value: Projected FCF is $28.52. The stock price of First Financial Northwest is $20.50. Therefore, First Financial Northwest's Price-to-Intrinsic-Value-Projected-FCF of today is 0.7.

The historical rank and industry rank for First Financial Northwest's Intrinsic Value: Projected FCF or its related term are showing as below:

FFNW' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.36   Med: 0.49   Max: 0.72
Current: 0.72

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of First Financial Northwest was 0.72. The lowest was 0.36. And the median was 0.49.

FFNW's Price-to-Projected-FCF is ranked worse than
76.56% of 1216 companies
in the Banks industry
Industry Median: 0.44 vs FFNW: 0.72

First Financial Northwest Intrinsic Value: Projected FCF Historical Data

The historical data trend for First Financial Northwest's Intrinsic Value: Projected FCF 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.

* Premium members only.

First Financial Northwest Intrinsic Value: Projected FCF Chart

First Financial Northwest Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.32 31.50 31.46 33.05 28.52

First Financial Northwest Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.05 32.10 30.37 31.04 28.52

Competitive Comparison of First Financial Northwest's Intrinsic Value: Projected FCF

For the Banks - Regional subindustry, First Financial Northwest's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.


First Financial Northwest's Price-to-Projected-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Northwest's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where First Financial Northwest's Price-to-Projected-FCF falls into.



First Financial Northwest Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get First Financial Northwest's Free Cash Flow(6 year avg) = $12.96.

First Financial Northwest's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(10.195616806174*12.96352+161.66*0.8)/9.170
=28.52

* 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.


First Financial Northwest  (NAS:FFNW) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

First Financial Northwest's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=20.50/28.516802876682
=0.72

* 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.


First Financial Northwest Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of First Financial Northwest's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


First Financial Northwest (First Financial Northwest) Business Description

Traded in Other Exchanges
N/A
Address
201 Wells Avenue South, PO Box 360, Renton, WA, USA, 98057
First Financial Northwest Inc is the holding company for First Financial Northwest Bank and First Financial Diversified. First Financial Northwest Bank is a subsidiary of First Financial Northwest and as such comprises substantially all of the activity for First Financial Northwest. The Bank's business consists predominantly of attracting deposits from the general public, combined with borrowing from the FHLB of Des Moines and raising funds in the wholesale market then utilizing these funds to originate one-to-four family residential, multifamily, commercial real estate, construction/land, business, and consumer loans. The Bank's strategic initiatives seek to diversify its loan portfolio and broaden growth opportunities with its current risk tolerance levels and asset/liability objectives.
Executives
Simon Soh officer: Chief Lending Officer FSBNW 201 WELLS AVENUE SOUTH, RENTON WA 98057
Richard P Jacobson officer: COO of the Bank
Kiley Joseph W Iii director, officer: President and CEO of the Bank IMPERIAL CAPITAL BANCORP INC, 888 PROSPECT STREET SUITE 110, LA JOLLA CA 92037
Cindy L. Runger director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Christine A. Huestis officer: 1st VP/Prin. Acct Officer 201 WELLS AVENUE SOUTH, RENTON WA 98057
Richard M Riccobono director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Ralph C Sabin director C/O PACIFIC VENTURE GROUP, 114 PACIFICA STREET, SUITE 270, IRVINE CA 92618
Diane C. Davis director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Kevin D Padrick director 2055 FIRST STREET, BAKER CITY OR 97814
Patricia M. Remch director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Randy T. Riffle officer: Executive VP and CCO 105 W. 8TH STREET, PORT ANGELES WA 98362
Gary F Faull director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Joann E Lee director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Ronnie J Clariza officer: Sr.VP/Chief Risk Officer 201 WELLS AVENUE SOUTH, RENTON WA 98057
Gregg H. Deritis officer: Senior VP and CCO 201 WELLS AVENUE SOUTH, RENTON WA 98057