SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Finward Bancorp (FNWD) trades at a trailing P/E of 18.3, forward P/E of 13.0. Trailing earnings yield is 5.47%, forward earnings yield 7.68%. PEG 0.30 (Peter Lynch undervalued ≤1.0). Graham Number is $41.72.
Criteria proven by this page:
- VALUE (72/100, Pass) — P/E is below market average (18.3); PEG ≤ 1.0 — Peter Lynch undervalued (0.30); earnings yield beats bond yields (5.47%).
- Forward P/E 13.0 (down from trailing 18.3) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 0.30 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 5.47% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income. Forward yield improves to 7.68% as earnings recover.
Overall SharesGrow Score: 67/100 with 3/7 criteria passed.
SharesGrow 7-Criteria Score
✓
VALUE
72/100
Price-to-Earnings & upside
Proven by this page
~
HEALTH
67/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — FNWD
Valuation Multiples
P/E (TTM)18.3
Forward P/E13.0
PEG Ratio0.30
Forward PEG0.30
P/B Ratio0.85
P/S Ratio1.48
EV/EBITDA16.9
Per Share Data
EPS (TTM)$1.89
Forward EPS (Est.)$2.70
Book Value / Share$40.87
Revenue / Share$23.65
FCF / Share$2.02
Yields & Fair Value
Earnings Yield5.47%
Forward Earnings Yield7.68%
Dividend Yield1.39%
Graham Number$41.72
SharesGrow IV$82.56 (+135.2%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
12.1 |
0.74 |
1.32 |
2.78 |
2.83% |
| 2017 |
14.2 |
-6.50 |
1.38 |
3.10 |
2.56% |
| 2018 |
14.0 |
-8.73 |
1.28 |
2.68 |
2.63% |
| 2019 |
13.0 |
0.89 |
1.17 |
2.50 |
2.60% |
| 2020 |
7.8 |
0.22 |
0.82 |
1.79 |
3.43% |
| 2021 |
10.7 |
-1.04 |
1.02 |
2.40 |
2.70% |
| 2022 |
10.0 |
-0.62 |
1.11 |
1.81 |
3.36% |
| 2023 |
12.9 |
-0.28 |
0.73 |
1.12 |
4.94% |
| 2024 |
9.9 |
0.22 |
0.79 |
1.07 |
1.72% |
| 2025 |
18.6 |
-0.56 |
0.86 |
1.49 |
1.04% |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$3.20 |
$40.01M |
$9.14M |
22.8% |
| 2017 |
$3.13 |
$41.11M |
$8.96M |
21.8% |
| 2018 |
$3.08 |
$48.55M |
$9.34M |
19.2% |
| 2019 |
$3.53 |
$62.92M |
$12.1M |
19.2% |
| 2020 |
$4.79 |
$69.77M |
$15.93M |
22.8% |
| 2021 |
$4.30 |
$66.6M |
$14.96M |
22.5% |
| 2022 |
$3.60 |
$83.54M |
$15.08M |
18.1% |
| 2023 |
$1.96 |
$96.53M |
$8.38M |
8.7% |
| 2024 |
$2.84 |
$111.83M |
$12.13M |
10.8% |
| 2025 |
$1.88 |
$101.06M |
$8.09M |
8% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$2.70 |
$2.66 – $2.73 |
$76.55M |
$76.2M – $76.9M |
1 |
| 2027 |
$3.06 |
$3.00 – $3.11 |
$80.6M |
$79.4M – $81.8M |
2 |
