Financials NatWest Group plc

Equities

NWG

GB00BM8PJY71

Banks

Market Closed - London S.E. 11:35:15 2024-04-26 am EDT 5-day change 1st Jan Change
307.4 GBX +6.07% Intraday chart for NatWest Group plc +11.10% +40.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 29,021 20,308 25,432 25,613 19,289 26,779 - -
Enterprise Value (EV) 1 29,021 20,308 25,432 25,613 19,289 26,779 26,779 26,779
P/E ratio 9.28 x -27 x 8.92 x 7.89 x 4.6 x 8.02 x 7.52 x 6.68 x
Yield 9.16% 1.79% 4.65% 11.4% 7.75% 5.04% 5.56% 6.25%
Capitalization / Revenue 2.18 x 1.88 x 2.42 x 1.95 x 1.31 x 1.98 x 1.9 x 1.82 x
EV / Revenue 2.18 x 1.88 x 2.42 x 1.95 x 1.31 x 1.98 x 1.9 x 1.82 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.67 x 0.46 x 0.63 x 0.7 x 0.52 x 0.74 x 0.69 x 0.63 x
Nbr of stocks (in thousands) 11,214,272 11,247,939 10,463,285 9,658,084 8,791,563 8,711,307 - -
Reference price 2 2.588 1.805 2.431 2.652 2.194 3.074 3.074 3.074
Announcement Date 2/14/20 2/19/21 2/18/22 2/17/23 2/16/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 13,298 10,796 10,512 13,156 14,752 13,538 14,111 14,701
EBITDA - - - - - - - -
EBIT 1 6,249 4,017 4,001 5,469 6,756 5,775 6,163 6,644
Operating Margin 46.99% 37.21% 38.06% 41.57% 45.8% 42.65% 43.68% 45.19%
Earnings before Tax (EBT) 1 4,232 -351 4,032 5,132 6,178 4,886 5,167 5,605
Net income 1 3,133 -753 2,950 3,340 4,394 3,248 3,404 3,715
Net margin 23.56% -6.97% 28.06% 25.39% 29.79% 23.99% 24.12% 25.27%
EPS 2 0.2789 -0.0668 0.2725 0.3360 0.4770 0.3835 0.4086 0.4601
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2369 0.0323 0.1131 0.3030 0.1700 0.1548 0.1710 0.1921
Announcement Date 2/14/20 2/19/21 2/18/22 2/17/23 2/16/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 5,785 - - 2,774 2,622 3,027 3,211 - 3,229 3,708 3,876 3,851 3,488 3,537 3,475 3,259 3,268 3,392
EBITDA - - - - - - - - - - - - - - - - - -
EBIT 1 2,410 - 2,112 1,203 858 1,207 1,378 - 1,333 1,570 1,888 1,924 1,561 1,383 1,423 - - -
Operating Margin 41.66% - - 43.37% 32.72% 39.87% 42.91% - 41.28% 42.34% 48.71% 49.96% 44.75% 39.1% 40.95% - - -
Earnings before Tax (EBT) -770 - - 1,074 635 1,245 1,396 - 1,086 1,426 1,818 1,771 1,332 1,257 - - - -
Net income 1 -705 - - 674 434 841 1,050 - 187 1,262 1,279 1,020 866 1,229 918 795.8 831.7 806.2
Net margin -12.19% - - 24.3% 16.55% 27.78% 32.7% - 5.79% 34.03% 33% 26.49% 24.83% 34.75% 26.42% 24.42% 25.45% 23.77%
EPS 2 -0.0625 - - 0.0625 0.0409 0.0808 0.1077 - 0.0190 0.1300 0.1320 0.1090 0.0980 0.1390 0.1050 0.0929 0.0958 0.0880
Dividend per Share 2 - 0.0323 - - 0.0808 - 0.0377 0.0377 - 0.1000 - 0.0550 - 0.1150 - 0.0550 - 0.1184
Announcement Date 7/31/20 2/19/21 7/30/21 10/29/21 2/18/22 4/29/22 7/29/22 7/29/22 10/28/22 2/17/23 4/28/23 7/28/23 10/27/23 2/16/24 4/26/24 - - -
1GBP in Million2GBP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.4% -2.4% 6.89% 8.53% 12.1% 9.65% 9.61% 9.85%
ROA (Net income/ Total Assets) 0.44% -0.1% 0.37% 0.44% 0.62% 0.45% 0.47% 0.53%
Assets 1 708,663 761,298 790,673 751,068 706,317 715,688 720,493 703,316
Book Value Per Share 2 3.880 3.890 3.870 3.780 4.230 4.130 4.480 4.850
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/14/20 2/19/21 2/18/22 2/17/23 2/16/24 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
3.074 GBP
Average target price
3.065 GBP
Spread / Average Target
-0.30%
Consensus
  1. Stock Market
  2. Equities
  3. NWG Stock
  4. Financials NatWest Group plc