Financials Royal Bank of Canada

Equities

RY

CA7800871021

Banks

Market Closed - Toronto S.E. 04:15:06 2024-04-26 pm EDT 5-day change 1st Jan Change
134.1 CAD +0.50% Intraday chart for Royal Bank of Canada -0.32% +0.10%

Valuation

Fiscal Period: Ottobre 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 152,358 132,532 183,527 175,425 155,218 189,662 - -
Enterprise Value (EV) 1 152,358 132,532 183,527 175,425 155,218 189,662 189,662 189,662
P/E ratio 12.1 x 11.9 x 11.6 x 11.4 x 10.5 x 12.7 x 11.5 x 12 x
Yield 3.83% 4.6% 3.35% 3.93% 4.82% 4.19% 4.42% 4.61%
Capitalization / Revenue 3.31 x 2.81 x 3.69 x 3.58 x 2.77 x 3.4 x 3.23 x 3.12 x
EV / Revenue 3.31 x 2.81 x 3.69 x 3.58 x 2.77 x 3.4 x 3.23 x 3.12 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.95 x 1.53 x 2 x 1.73 x 1.32 x 1.68 x 1.56 x 1.49 x
Nbr of stocks (in thousands) 1,434,094 1,422,624 1,424,676 1,391,712 1,401,394 1,413,914 - -
Reference price 2 106.2 93.16 128.8 126.0 110.8 134.1 134.1 134.1
Announcement Date 12/4/19 12/2/20 12/1/21 11/30/22 11/30/23 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Oktober 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 46,002 47,181 49,693 48,985 56,129 55,865 58,693 60,697
EBITDA - - - - - - - -
EBIT 1 17,778 18,740 19,878 20,593 21,897 23,230 25,111 23,045
Operating Margin 38.65% 39.72% 40% 42.04% 39.01% 41.58% 42.78% 37.97%
Earnings before Tax (EBT) 1 15,914 14,389 20,631 20,109 18,466 18,981 20,150 21,694
Net income 1 12,591 11,164 16,038 15,547 14,623 15,382 15,757 16,131
Net margin 27.37% 23.66% 32.27% 31.74% 26.05% 27.53% 26.85% 26.58%
EPS 2 8.750 7.820 11.06 11.06 10.50 10.60 11.66 11.19
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 4.070 4.290 4.320 4.960 5.340 5.619 5.927 6.180
Announcement Date 12/4/19 12/2/20 12/1/21 11/30/22 11/30/23 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Ottobre 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 12,376 13,066 11,220 12,132 12,567 15,094 13,520 14,489 13,026 13,485 13,482 13,946 14,088 14,261 13,779
EBITDA - - - - - - - - - - - - - - -
EBIT 1 4,761 5,500 5,000 4,896 5,242 6,871 5,158 5,440 5,328 5,200 5,703 6,056 6,060 6,209 5,979
Operating Margin 38.47% 42.09% 44.56% 40.36% 41.71% 45.52% 38.15% 37.55% 40.9% 38.56% 42.3% 43.42% 43.02% 43.54% 43.39%
Earnings before Tax (EBT) 1 4,988 5,384 5,308 4,556 4,861 5,342 4,420 4,633 4,071 4,348 4,482 4,784 4,596 4,688 4,642
Net income 1 3,887 4,039 4,253 3,517 3,809 3,168 3,581 3,812 4,062 3,522 4,105 3,812 3,729 3,642 3,604
Net margin 31.41% 30.91% 37.91% 28.99% 30.31% 20.99% 26.49% 26.31% 31.18% 26.12% 30.44% 27.34% 26.47% 25.54% 26.16%
EPS 2 2.680 2.840 2.960 2.510 2.740 2.290 2.580 2.730 2.900 2.500 2.406 2.756 2.799 2.988 -
Dividend per Share 2 1.080 1.200 1.200 1.280 1.280 1.320 1.350 1.350 1.320 - 1.388 1.413 1.423 1.448 1.460
Announcement Date 12/1/21 2/24/22 5/26/22 8/24/22 11/30/22 3/1/23 5/25/23 8/24/23 11/30/23 2/28/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: Ottobre 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 16.8% 14.2% 18.6% 16.4% 13.2% 14.4% 14.3% 12.2%
ROA (Net income/ Total Assets) 0.93% 0.75% 0.96% 0.87% 0.76% 0.76% 0.73% 0.7%
Assets 1 1,352,998 1,490,919 1,665,421 1,783,526 1,929,919 2,018,623 2,152,615 2,304,455
Book Value Per Share 2 54.40 60.90 64.60 72.90 84.00 79.80 86.20 89.90
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 12/4/19 12/2/20 12/1/21 11/30/22 11/30/23 - - -
1CAD in Million2CAD
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
134.1 CAD
Average target price
144 CAD
Spread / Average Target
+7.35%
Consensus
  1. Stock Market
  2. Equities
  3. RY Stock
  4. Financials Royal Bank of Canada