Valuation NatWest Group plc

Equities

Market Closed - London S.E. Other stock markets 16:35:05 06/02/2026 GMT			5-day change	1st Jan Change
659.40 ^GBX	+1.45%		-0.87%	+1.17%

02-07	NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports	RE
02-07	Natwest Group is closing in on a takeover of Evelyn Partners in a deal worth more than 2.5 billion pounds - Sky News reporter on X	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	20,308	25,432	25,613	19,289	32,339	52,586	52,586	-
Change	-	25.23%	0.71%	-24.69%	67.66%	62.61%	0%	-
Enterprise Value (EV)	20,308	25,432	25,613	19,289	32,339	52,586	52,586	52,586
Change	-	25.23%	0.71%	-24.69%	67.66%	62.61%	0%	0%
P/E ratio	-27x	8.92x	7.89x	4.6x	7.57x	10.2x	9.48x	8.91x
PBR	0.46x	0.63x	0.7x	0.52x	0.82x	1.4x	1.31x	1.22x
PEG	-	-0x	0.3x	0.1x	0.7x	0.5x	1.18x	1.4x
Capitalization / Revenue	1.88x	2.42x	1.95x	1.31x	2.2x	3.2x	3.01x	2.86x
EV / Revenue	0x	0x	0x	0x	0x	3.2x	3.01x	2.86x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	6.47x	5.9x	5.46x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0323	0.1131	0.303	0.17	0.215	0.3204	0.3475	0.3858
Rate of return	1.79%	4.65%	11.4%	7.75%	5.35%	4.86%	5.27%	5.85%
EPS ²	-0.0668	0.2725	0.336	0.477	0.531	0.6439	0.6955	0.7399
Distribution rate	-48.4%	41.5%	90.2%	35.6%	40.5%	49.8%	50%	52.1%
Net sales ¹	10,796	10,512	13,156	14,752	14,703	16,454	17,475	18,401
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	4,017	4,001	5,469	6,756	6,554	8,122	8,915	9,629
Net income ¹	-753	2,950	3,340	4,394	4,519	5,271	5,470	5,854
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	1.805	2.431	2.652	2.194	4.021	6.594	6.594	6.594
Nbr of stocks (in thousands)	11,247,939	10,463,285	9,658,084	8,791,563	8,042,415	7,974,847	7,974,847	-
Announcement Date	19/02/21	18/02/22	17/02/23	16/02/24	14/02/25	-	-	-

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	10.24x	-	-	4.86%	71.57B
JPMORGAN CHASE & CO.	15.89x	-	-	1.8%	869B
BANK OF AMERICA CORPORATION	14.85x	-	-	1.92%	408B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.78x	-	-	5.38%	354B
HSBC HOLDINGS PLC	15.03x	-	-	4.03%	305B
WELLS FARGO & COMPANY	14.88x	-	-	1.81%	291B
CHINA CONSTRUCTION BANK CORPORATION	5.5x	-	-	5.43%	272B
ROYAL BANK OF CANADA	15.07x	-	-	2.89%	239B
BANK OF CHINA LIMITED	5.65x	-	-	5.33%	234B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	15.25x	-	-	2.54%	213B
Average	11.81x			3.6%	325.56B
Weighted average by Cap.	12.66x			3.17%