Valuation NatWest Group plc

Equities

Real-time Estimate Cboe Europe Other stock markets 03:41:39 19/05/2026 pm IST			5-day change	1st Jan Change
571.00 ^GBX	+0.88%		+1.35%	-12.49%

18/05	NatWest Pledges GBP20 Billion to Support North of England Development	MT
18/05	Britain eases banks' ring-fencing rules	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	25,432	25,613	19,289	32,339	52,105	45,031	-	-
Change	-	0.71%	-24.69%	67.66%	61.12%	-13.58%	-	-
Enterprise Value (EV)	25,432	25,613	19,289	32,339	52,105	45,031	45,031	45,031
Change	-	0.71%	-24.69%	67.66%	61.12%	-13.58%	0%	0%
P/E ratio	8.92x	7.89x	4.6x	7.57x	9.67x	7.96x	7.13x	6.54x
PBR	0.63x	0.7x	0.52x	0.82x	1.37x	1.11x	1.03x	0.95x
PEG	-	0.3x	0.1x	0.7x	0.4x	1.43x	0.6x	0.72x
Capitalization / Revenue	2.42x	1.95x	1.31x	2.2x	3.13x	2.51x	2.33x	2.24x
EV / Revenue	0x	0x	0x	0x	0x	2.51x	2.33x	2.24x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	4.88x	4.43x	4.18x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.1131	0.303	0.17	0.215	0.325	0.3603	0.4035	0.4424
Rate of return	4.65%	11.4%	7.75%	5.35%	4.99%	6.37%	7.13%	7.82%
EPS ²	0.2725	0.336	0.477	0.531	0.674	0.7115	0.7943	0.8659
Distribution rate	41.5%	90.2%	35.6%	40.5%	48.2%	50.6%	50.8%	51.1%
Net sales ¹	10,512	13,156	14,752	14,703	16,641	17,963	19,362	20,103
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	4,001	5,469	6,756	6,554	8,379	9,235	10,156	10,763
Net income ¹	2,950	3,340	4,394	4,519	5,834	5,768	6,364	6,673
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	2.431	2.652	2.194	4.021	6.518	5.660	5.660	5.660
Nbr of stocks (in thousands)	1,04,63,285	96,58,084	87,91,563	80,42,415	79,94,018	79,56,052	-	-
Announcement Date	18/02/22	17/02/23	16/02/24	14/02/25	13/02/26	-	-	-

¹GBP in Million²GBP

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NATWEST GROUP PLC	7.96x	-	-	6.37%	6.03TCr
JPMORGAN CHASE & CO.	13.47x	-	-	2.09%	81TCr
BANK OF AMERICA CORPORATION	11.33x	-	-	2.32%	36TCr
HSBC HOLDINGS PLC	11.12x	-	-	4.66%	31TCr
ROYAL BANK OF CANADA	16.14x	-	-	2.66%	26TCr
WELLS FARGO & COMPANY	10.67x	-	-	2.53%	23TCr
MITSUBISHI UFJ FINANCIAL GROUP, INC.	15.3x	-	-	2.52%	21TCr
COMMONWEALTH BANK OF AUSTRALIA	25.01x	-	-	3.13%	19TCr
THE TORONTO-DOMINION BANK	16.28x	-	-	2.94%	18TCr
BANCO SANTANDER, S.A.	9.33x	-	-	2.71%	17TCr
Average	13.66x			3.19%	27.73TCr
Weighted average by Cap.	13.70x			2.79%