What is Norwood Financial Corp worth?
With the base-case assumptions below, a discounted cash flow model on Norwood Financial Corp's reported free cash flow gives $64.89 per share. The share price was $33.78 on September 25, 2026, 48% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.0% | 10.0% | $42.56 | +26% |
| Base | 5.0% | 9.0% | $64.89 | +92% |
| Bull | 10.0% | 8.0% | $106.59 | +216% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $80.87 | $85.74 | $91.68 | $99.11 | $108.66 |
| 8.0% | $68.96 | $72.11 | $75.84 | $80.31 | $85.78 |
| 9.0% | $60.25 | $62.41 | $64.89 | $67.80 | $71.23 |
| 10.0% | $53.61 | $55.14 | $56.88 | $58.87 | $61.16 |
| 11.0% | $48.38 | $49.51 | $50.76 | $52.18 | $53.78 |
Where the presets come from
Base: years 1 to 5 grow at Norwood Financial Corp's revenue growth rate over the last 5 fiscal years (5.2% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions