Hawthorn Bancshares, Inc. (HWBK) Fair Value 2026 — DCF & Multi-Method Analysis | EvidInvest | EvidInvest

HWBK — Fair Value Analysis

Hawthorn Bancshares, Inc.

Current: $39.37Fairly Valued

Fair Value Range

Bear Case (25th pct.)

$32.08

-18.5% vs price

Base Case (Median)

$46.25

17.5% vs price

Bull Case (75th pct.)

$46.27

17.5% vs price

$32.08$46.25$46.27

◇ = Current price | |Bear |Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$17.92	-54.5%	High (40%)
PE Comparable	$46.25	17.5%	Medium (25%)
Graham Number	$46.29	17.6%	High (80%)

Interpretation

Based on 3 out of 8 methods, HWBK appears fairly valued at the current price of $39.37. The base case fair value of $46.25 implies 17.5% upside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.