Is First Western Financial, Inc. overvalued or undervalued?

As of 28 November 2025, the valuation grade for First Western Financial, Inc. has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 20, a Price to Book Value of 0.79, and an EV to EBITDA of 0.86, which suggest that the company is not significantly undervalued or overvalued relative 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 very attractive P/E of 7.68, highlighting a wide range of valuations within the industry. Notably, First Western Financial's recent stock performance has outpaced the S&P 500 over the year, with a return of 10.88% compared to the S&P 500's 14.18%, reinforcing the notion that while the stock is fairly valued, it has been performing relatively well in the market.