Is First Western Financial, Inc. overvalued or undervalued?

As of 19 September 2025, the valuation grade for First Western Financial, Inc. has moved from attractive to fair. The company appears to be fairly valued based on its current metrics. The P/E ratio stands at 20, the Price to Book Value is 0.79, and the EV to EBITDA is 0.86, indicating that while the company is not undervalued, it is also not significantly overvalued compared to its peers.
In comparison to its peers, GCM Grosvenor, Inc. has a much higher P/E ratio of 78.97, while Gladstone Capital Corp. shows a more attractive P/E of 7.68, highlighting a range of valuations within the industry. Notably, First Western's recent stock performance shows a year-to-date return of 19.08%, outperforming the S&P 500's 13.31%, although it lags behind in the 3-year and 5-year returns. Overall, First Western Financial, Inc. is fairly valued in the current market context.