Projected Income Statement: NatWest Group plc

Forecast Balance Sheet: NatWest Group plc

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 18/02/22 17/02/23 16/02/24 14/02/25 13/02/26 - - -
Estimates

Cash Flow Forecast: NatWest Group plc

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 376 901 639 811 464 665
Change - 139.63% -29.08% 26.92% -42.79% 43.32%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 19/02/21 18/02/22 17/02/23 16/02/24 14/02/25 13/02/26
1GBP in Million
Estimates

Forecast Financial Ratios: NatWest Group plc

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 38.06% 41.57% 45.8% 44.58% 50.35% 51.41% 52.45% 53.42%
EBT Margin (%) - 38.36% 39.01% 41.88% 42.13% 46.32% 46.13% 47.43% 48.33%
Net margin (%) - 28.06% 25.39% 29.79% 30.74% 35.06% 32.11% 32.87% 33.34%
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 0.37% 0.44% 0.62% 0.65% 0.82% 0.77% 0.84% 0.87%
ROE - 6.89% 8.53% 12.1% 11.9% 13.2% 14.49% 15.29% 15.53%

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - 0.1131 0.303 0.17 0.215 0.325 0.3603 0.4035 0.4422
Change - - 167.95% -43.89% 26.47% 51.16% 10.85% 12.01% 9.58%
Book Value Per Share 1 - 3.873 3.778 4.226 4.892 4.76 5.098 5.504 5.82
Change - - -2.46% 11.88% 15.77% -2.71% 7.1% 7.96% 5.75%
EPS 1 - 0.2725 0.336 0.477 0.531 0.674 0.7115 0.7943 0.8714
Change - - 23.32% 41.96% 11.32% 26.93% 5.56% 11.63% 9.71%
Nbr of stocks (in thousands) - 10,463,285 9,658,084 8,791,563 8,042,415 7,994,018 7,956,052 7,956,052 7,956,052
Announcement Date - 18/02/22 17/02/23 16/02/24 14/02/25 13/02/26 - - -
1GBP
Estimates
2026 *2027 *
P/E Ratio 8.26x 7.4x
PBR 1.15x 1.07x
EV / Sales 2.6x 2.41x
Yield 6.13% 6.87%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
5.876GBP
Average target price
7.376GBP
Spread / Average Target
+25.53%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. NWG Stock
  4. Financials NatWest Group plc
- 40% : Our Best Subscriber-Only Tools to Spot Tomorrow’s Top Investments!
d
:
:
SEIZE THE OFFER!