NWG Stock Overview
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally.
NatWest Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£2.21|
|52 Week High||UK£2.58|
|52 Week Low||UK£1.83|
|1 Month Change||-2.55%|
|3 Month Change||-1.60%|
|1 Year Change||8.64%|
|3 Year Change||-0.27%|
|5 Year Change||-13.35%|
|Change since IPO||-67.73%|
Recent News & Updates
|NWG||GB Banks||GB Market|
Return vs Industry: NWG exceeded the UK Banks industry which returned 2.5% over the past year.
Return vs Market: NWG exceeded the UK Market which returned -8.6% over the past year.
|NWG Average Weekly Movement||3.9%|
|Banks Industry Average Movement||5.7%|
|Market Average Movement||5.5%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.8%|
Stable Share Price: NWG is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NWG's weekly volatility (4%) has been stable over the past year.
About the Company
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Commercial Banking, Private Banking, RBS International, and NatWest Markets 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.
NatWest Group Fundamentals Summary
|NWG fundamental statistics|
Is NWG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NWG income statement (TTM)|
|Cost of Revenue||UK£0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 29, 2022
|Earnings per share (EPS)||0.28|
|Net Profit Margin||23.67%|
How did NWG perform over the long term?See historical performance and comparison
6.8%Current Dividend Yield
Is NWG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NWG?
Other financial metrics that can be useful for relative valuation.
|What is NWG's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NWG's PE Ratio compare to its peers?
|NWG PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
LLOY Lloyds Banking Group
STAN Standard Chartered
HSBA HSBC Holdings
NWG NatWest Group
Price-To-Earnings vs Peers: NWG is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (8.1x).
Price to Earnings Ratio vs Industry
How does NWG's PE Ratio compare vs other companies in the European Banks Industry?
Price-To-Earnings vs Industry: NWG is expensive based on its Price-To-Earnings Ratio (7.9x) compared to the UK Banks industry average (4.7x)
Price to Earnings Ratio vs Fair Ratio
What is NWG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||7.9x|
|Fair PE Ratio||12x|
Price-To-Earnings vs Fair Ratio: NWG is good value based on its Price-To-Earnings Ratio (7.9x) compared to the estimated Fair Price-To-Earnings Ratio (12x).
Share Price vs Fair Value
What is the Fair Price of NWG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NWG (£2.21) is trading below our estimate of fair value (£5.39)
Significantly Below Fair Value: NWG is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: NWG is good value based on its PEG Ratio (0.7x)
Discover undervalued companies
How is NatWest Group forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NWG's forecast earnings growth (10.7% per year) is above the savings rate (0.9%).
Earnings vs Market: NWG's earnings (10.7% per year) are forecast to grow slower than the UK market (11% per year).
High Growth Earnings: NWG's earnings are forecast to grow, but not significantly.
Revenue vs Market: NWG's revenue (3.5% per year) is forecast to grow slower than the UK market (4.1% per year).
High Growth Revenue: NWG's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NWG's Return on Equity is forecast to be low in 3 years time (9.2%).
Discover growth companies
How has NatWest Group performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWG has high quality earnings.
Growing Profit Margin: NWG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NWG has become profitable over the past 5 years, growing earnings by 45.4% per year.
Accelerating Growth: NWG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NWG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (88.4%).
Return on Equity
High ROE: NWG's Return on Equity (8.3%) is considered low.
Discover strong past performing companies
How is NatWest Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score4/6
Financial Health Score 4/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: NWG's Assets to Equity ratio (20x) is very high.
Allowance for Bad Loans: NWG has a low allowance for bad loans (65%).
Low Risk Liabilities: 68% of NWG's liabilities are made up of primarily low risk sources of funding.
Loan Level: NWG has an appropriate level of Loans to Assets ratio (43%).
Low Risk Deposits: NWG's Loans to Deposits ratio (67%) is appropriate.
Level of Bad Loans: NWG has an appropriate level of bad loans (1.7%).
Discover healthy companies
What is NatWest Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NWG's dividend (6.78%) is higher than the bottom 25% of dividend payers in the UK market (1.88%).
High Dividend: NWG's dividend (6.78%) is in the top 25% of dividend payers in the UK market (5.18%)
Stability and Growth of Payments
Stable Dividend: NWG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NWG's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41%), NWG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NWG's dividends in 3 years are forecast to be well covered by earnings (37.7% payout ratio).
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alison Rose-Slade (52 yo)
Ms. Alison Marie Rose-Slade, BA (Hons) has been an Executive Director at NatWest Group Plc (formerly known as Royal Bank of Scotland Group Plc) since November 01, 2019 and has been its Chief Executive Offi...
CEO Compensation Analysis
Compensation vs Market: Alison's total compensation ($USD4.41M) is about average for companies of similar size in the UK market ($USD5.16M).
Compensation vs Earnings: Alison's compensation has been consistent with company performance over the past year.
Experienced Management: NWG's management team is considered experienced (2 years average tenure).
Experienced Board: NWG's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NatWest Group plc's employee growth, exchange listings and data sources
- Name: NatWest Group plc
- Ticker: NWG
- Exchange: LSE
- Founded: 1727
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: UK£23.094b
- Shares outstanding: 10.43b
- Website: https://www.natwestgroup.com
Number of Employees
- NatWest Group plc
- 175 Glasgow Road
- EH12 1HQ
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.