Heritage Financial Corp
NASDAQ:HFWA

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Heritage Financial Corp
NASDAQ:HFWA
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Price: 24.02 USD -1.52% Market Closed
Market Cap: 816.4m USD

Relative Value

The Relative Value of one HFWA stock under the Base Case scenario is 17.03 USD. Compared to the current market price of 24.02 USD, Heritage Financial Corp is Overvalued by 29%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HFWA Relative Value
Base Case
17.03 USD
Overvaluation 29%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
12
vs Industry
20
Median 3Y
3.3
Median 5Y
3.2
Industry
2.5
Forward
3.1
vs History
7
vs Industry
11
Median 3Y
10.7
Median 5Y
10.9
Industry
10.5
Forward
11.7
vs History
30
vs Industry
49
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9
vs History
22
vs Industry
34
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

HFWA Competitors Multiples
Heritage Financial Corp Competitors

Market Cap P/S P/E P/B
US
Heritage Financial Corp
NASDAQ:HFWA
816.5m USD 3.8 18.9 0.9
US
PNC Financial Services Group Inc
NYSE:PNC
68.1B USD 3.2 12.4 1.3
US
Truist Financial Corp
NYSE:TFC
53.2B USD 4 11.9 0.8
US
M&T Bank Corp
NYSE:MTB
29B USD 3.1 11.8 1
US
Fifth Third Bancorp
NASDAQ:FITB
26B USD 3.1 12.1 1.3
US
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
25.1B USD 2.6 9.3 1.1
CN
Bank of Jiangsu Co Ltd
SSE:600919
174.5B CNY 2.2 6.8 0.6
CN
Bank of Ningbo Co Ltd
SZSE:002142
174B CNY 2.5 6.8 0.8
US
Huntington Bancshares Inc
NASDAQ:HBAN
21.5B USD 2.9 11.9 1.1
JP
Resona Holdings Inc
TSE:8308
3.1T JPY 3.2 14.5 1.1
US
Regions Financial Corp
NYSE:RF
19.5B USD 2.7 11 1.1