Financials Royal Bank of Canada Toronto S.E.

Equities

RY.PR.J

CA78012Q1129

Banks

Market Closed - Toronto S.E. 15:59:49 2024-06-06 EDT 5-day change 1st Jan Change
23.18 CAD -1.15% Intraday chart for Royal Bank of Canada -2.19% +21.17%

Valuation

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 152,358 132,532 183,527 175,425 155,218 207,981 - -
Enterprise Value (EV) 1 152,358 132,532 183,527 175,425 155,218 207,981 207,981 207,981
P/E ratio 12.1 x 11.9 x 11.6 x 11.4 x 10.5 x 13.5 x 12.4 x 13.1 x
Yield 3.83% 4.6% 3.35% 3.93% 4.82% 3.81% 4.02% 4.3%
Capitalization / Revenue 3.31 x 2.81 x 3.69 x 3.58 x 2.77 x 3.69 x 3.49 x 3.32 x
EV / Revenue 3.31 x 2.81 x 3.69 x 3.58 x 2.77 x 3.69 x 3.49 x 3.32 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.95 x 1.53 x 2 x 1.73 x 1.32 x 1.78 x 1.66 x 1.64 x
Nbr of stocks (in thousands) 1,434,094 1,422,624 1,424,676 1,391,712 1,401,394 1,413,680 - -
Reference price 2 106.2 93.16 128.8 126.0 110.8 147.1 147.1 147.1
Announcement Date 19-12-04 20-12-02 21-12-01 22-11-30 23-11-30 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 46,002 47,181 49,693 48,985 56,129 56,429 59,555 62,734
EBITDA - - - - - - - -
EBIT 1 17,778 18,740 19,878 20,593 21,897 23,493 25,322 24,671
Operating Margin 38.65% 39.72% 40% 42.04% 39.01% 41.63% 42.52% 39.33%
Earnings before Tax (EBT) 1 15,914 14,389 20,631 20,109 18,466 20,100 21,587 22,806
Net income 1 12,591 11,164 16,038 15,547 14,623 15,821 16,204 16,863
Net margin 27.37% 23.66% 32.27% 31.74% 26.05% 28.04% 27.21% 26.88%
EPS 2 8.750 7.820 11.06 11.06 10.50 10.87 11.86 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 5.612 5.908 6.320
Announcement Date 19-12-04 20-12-02 21-12-01 22-11-30 23-11-30 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: October 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 2025 Q3
Net sales 1 13,066 11,220 12,132 12,567 15,094 13,520 14,489 13,026 13,485 14,154 14,233 14,289 14,609 14,388 14,569
EBITDA - - - - - - - - - - - - - - -
EBIT 1 5,500 5,000 4,896 5,242 6,871 5,158 5,440 5,328 5,200 6,155 6,385 6,420 - - -
Operating Margin 42.09% 44.56% 40.36% 41.71% 45.52% 38.15% 37.55% 40.9% 38.56% 43.49% 44.86% 44.93% - - -
Earnings before Tax (EBT) 1 5,384 5,308 4,556 4,861 5,342 4,420 4,633 4,071 4,348 4,926 5,211 5,106 5,144 4,803 5,154
Net income 1 4,039 4,253 3,517 3,809 3,168 3,581 3,812 4,062 3,522 3,881 4,144 4,140 4,359 4,230 4,222
Net margin 30.91% 37.91% 28.99% 30.31% 20.99% 26.49% 26.31% 31.18% 26.12% 27.42% 29.12% 28.97% 29.84% 29.4% 28.98%
EPS 2 2.840 2.960 2.510 2.740 2.290 2.580 2.730 2.900 2.500 2.740 2.766 2.795 3.157 3.162 -
Dividend per Share 2 1.200 1.200 1.280 1.280 1.320 1.350 1.350 1.320 1.380 - 1.420 1.430 1.451 1.464 1.475
Announcement Date 22-02-24 22-05-26 22-08-24 22-11-30 23-03-01 23-05-25 23-08-24 23-11-30 24-02-28 24-05-30 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: October 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% 14.8% 14.7% 13.7%
ROA (Net income/ Total Assets) 0.93% 0.75% 0.96% 0.87% 0.76% 0.75% 0.72% 0.7%
Assets 1 1,352,998 1,490,919 1,665,421 1,783,526 1,929,919 2,116,530 2,258,436 2,408,979
Book Value Per Share 2 54.40 60.90 64.60 72.90 84.00 82.40 88.60 89.50
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 19-12-04 20-12-02 21-12-01 22-11-30 23-11-30 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
147.1 CAD
Average target price
154.7 CAD
Spread / Average Target
+5.18%
Consensus
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