Stock · NWG.L · Financial Services
United Kingdom · Large Cap · Revenue 12 mo. £30B
Price as of 11/06/2026
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally.
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through the Retail Banking, Private Banking, and Commercial & Institutional segments. The Retail Banking segment offers a range of banking products and related financial services, such as current accounts, mortgages, personal unsecured lending, and personal deposits, as well as mobile and online banking services. Its Private Banking segment provides banking, lending, and wealth management products for high-net-worth individuals and their business interests. The Commercial & Institutional segment consists of customer businesses under business banking, commercial mid-market, and corporates and institutions; and offers banking operations services in the Channel Islands, Isle of Man, Gibraltar, and Luxembourg, as well as products and solutions for businesses comprising start-ups, corporates, and large institutions. The company was formerly known as The Royal Bank of Scotland Group plc and changed its name to NatWest Group plc in July 2020. NatWest Group plc was founded in 1727 and is headquartered in Edinburgh, the United Kingdom.
Original text from the data provider
Summary
47.1 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
Book value €43.4B, market value €54.4B (P/B 1.3). At a 9% discount rate, the premium over book value only pays off with a lasting 11.3% return on equity.
Required return on equity per year
11.3%
no perpetual growth
Price to book 1.26×, above its usual range.
Middle half of 20 quarters: 0.62× to 0.92×, median 0.72×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
No indication in the stored figures.
with respect to the priced-in expectation
Since the last quarter
Q1 → Q2 2026
3 more unchanged: Revenue, 12 mo., Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 15.33% | 12.46% | Rank 67 |
| Return on capital (Greenblatt) | 180.01% | 59.04% | Rank 72 |
| EBIT margin | 26.15% | 23.06% | Rank 57 |
| FCF margin | −58.85% | 19.82% | Rank 3 |
| Gross margin | 56.34% | 65.53% | Rank 38 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 3.20% | 7.39% | Rank 35 |
| Earnings growth, 3 years per year | 25.68% | 15.20% | Rank 70 |
| Earnings growth, 5 years per yeardoes not count towards the rank | – | 15.17% | |
| Sustainable growth (ROE × retained earnings) | 2.26% | 1.25% | Rank 69 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 12.22% | 6.47% | Rank 95 |
| FCF yield | −38.19% | 7.16% | Rank 1 |
| EV/saleslower is better | 0.65 | 2.82 | Rank 80 |
| EV/EBITlower is better | 2.47 | 14.24 | Rank 97 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | −11.84% | 7.80% | Rank 16 |
| Share price, 6 months | 1.79% | 8.71% | Rank 26 |
| Share price, 3 months | −12.41% | 0.45% | Rank 5 |
| Distance from 52-week high | −18.73% | −10.68% | Rank 23 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 5.40% | 1.23% | Rank 19 |
| Change in share countlower is better | −4.58% | −0.60% | Rank 85 |
| Dividend streak in years | 2 | 5 | Rank 24 |
| Price reaction to results, market-adjusted | 2.41% | 0.00% | Rank 83 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 5.32% | 9.21% | Rank 20 |
| Net debt/EBITDAlower is better | −2.98 | 0.12 | Rank 75 |
| Debt to equitylower is better | 1.89 | 0.90 | Rank 31 |
| Volatility, 1 yearlower is better | 31.36% | 25.95% | Rank 30 |
Ten years in figures
| Year | Revenue, £B | Net income | Return on equity | Shares |
|---|---|---|---|---|
| 2016 | 14.9 | −£5.2B | −10.7% | 10.9B |
| 2017 | 14.8 | £1.4B | 2.9% | 11.1B |
| 2018 | 15.7 | £2.2B | 4.7% | 11.2B |
| 2019 | 15.0 | £3.5B | 8.1% | 11.2B |
| 2020 | 13.1 | −£727.0M | −1.7% | 11.2B |
| 2021 | 12.0 | £3.3B | 7.8% | 10.8B |
| 2022 | 16.1 | £3.6B | 9.8% | 9.93B |
| 2023 | 24.8 | £4.6B | 12.5% | 9.22B |
| 2024 | 28.6 | £4.8B | 12.2% | 8.52B |
| 2025 | 29.5 | £5.8B | 15.3% | 8.13B |
Score, radar and strategy match for NatWest Group PLC are visible with Plus. Metrics, price and sector comparison stay free.
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
The match with the 18 strategies checked is visible with Plus.
Selected fundamental metrics for NatWest Group PLC.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 8.2 | 15.2 |
| P/B ratio | 1.3 | 1.8 |
| Return on equity (ROE) | 15.3% | 12.5% |
| Equity ratio | 5.3% | 9.2% |
| Debt-to-equity (D/E) | 1.89 | 0.90 |
| Dividend yield | 6.0% | 3.3% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| NWG.L | NatWest Group PLCthis page | |
| LLOY.L | Lloyds Banking Group PLC | locked |
| NDA-FI.HE | Nordea Bank Abp | locked |
| 1180.SR | Saudi National Bank | locked |
| 0998.HK | China Citic Bank Corp Ltd | locked |
| 601166.SS | Industrial Bank Co Ltd | locked |
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