Valuation NatWest Group plc

Stocks

Real-time Estimate Cboe Europe 17:35:29 14/09/2026 +03			5-day change	1st Jan Change
685.80 ^GBX	-1.72%		-1.54%	+5.74%

09-09	UK transport secretary says Nats issue not "unavoidable"	AN
09-08	Amazon.com Mandates Banks for Debut Sterling Bond Sale	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	25,432	25,613	19,289	32,339	52,105	55,499	-	-
Change	-	0.71%	-24.69%	67.66%	61.12%	6.51%	-	-
Enterprise Value (EV)	25,432	25,613	19,289	32,339	52,105	55,499	55,499	55,499
Change	-	0.71%	-24.69%	67.66%	61.12%	6.51%	0%	0%
P/E	8.92x	7.89x	4.6x	7.57x	9.67x	9.36x	8.54x	7.75x
PBR	0.63x	0.7x	0.52x	0.82x	1.37x	1.37x	1.28x	1.19x
PEG	-	0.3x	0.1x	0.7x	0.4x	0.9x	0.89x	0.8x
Capitalization / Revenue	2.42x	1.95x	1.31x	2.2x	3.13x	3.06x	2.83x	2.71x
EV / Revenue	0x	0x	0x	0x	0x	3.06x	2.83x	2.71x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	5.89x	5.33x	4.98x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.1131	0.303	0.17	0.215	0.325	0.3727	0.4111	0.4536
Rate of return	4.65%	11.4%	7.75%	5.35%	4.99%	5.34%	5.89%	6.5%
EPS ²	0.2725	0.336	0.477	0.531	0.674	0.7455	0.8171	0.9007
Distribution rate	41.5%	90.2%	35.6%	40.5%	48.2%	50%	50.3%	50.4%
Net sales ¹	10,512	13,156	14,752	14,703	16,641	18,127	19,609	20,491
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	4,001	5,469	6,756	6,554	8,379	9,415	10,407	11,154
Net income ¹	2,950	3,340	4,394	4,519	5,834	6,034	6,525	6,960
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	2.431	2.652	2.194	4.021	6.518	6.978	6.978	6.978
Nbr of stocks (in thousands)	10,463,285	9,658,084	8,791,563	8,042,415	7,994,018	7,953,385	-	-
Announcement Date	2/18/22 A	2/17/23 A	2/16/24 A	2/14/25 A	2/13/26 A	-	-	-

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	9.36x	-	-	5.34%	75.05B
JPMORGAN CHASE & CO.	14.11x	-	-	1.77%	947B
BANK OF AMERICA CORPORATION	13.43x	-	-	1.9%	438B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.3x	-	-	4.91%	410B
HSBC HOLDINGS PLC	12.84x	-	-	4.07%	360B
CHINA CONSTRUCTION BANK CORPORATION	6.29x	-	-	4.9%	334B
BANK OF CHINA LIMITED	6.76x	-	-	4.69%	298B
ROYAL BANK OF CANADA	17.57x	-	-	2.4%	285B
WELLS FARGO & COMPANY	12.36x	-	-	2.11%	273B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.64x	-	-	2.69%	268B
Average	11.36x			3.48%	368.8B
Weighted average by Cap.	11.81x			3.09%