ROYAL BANK OF CANADA (RY.CA) Fundamental Analysis & Valuation

TSX:RY • CA7800871021

Current stock price

239.56 CAD
-1.7 (-0.7%)
Last:

This RY.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. RY.CA Profitability Analysis

1.1 Basic Checks

  • In the past year RY was profitable.
  • In the past year RY had a positive cash flow from operations.
  • Each year in the past 5 years RY has been profitable.
  • Each year in the past 5 years RY had a positive operating cash flow.
RY.CA Yearly Net Income VS EBIT VS OCF VS FCFRY.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 0.88%, RY is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
  • RY's Return On Equity of 14.66% is fine compared to the rest of the industry. RY outperforms 79.17% of its industry peers.
Industry RankSector Rank
ROA 0.88%
ROE 14.66%
ROIC N/A
ROA(3y)0.77%
ROA(5y)0.81%
ROE(3y)13.1%
ROE(5y)13.93%
ROIC(3y)N/A
ROIC(5y)N/A
RY.CA Yearly ROA, ROE, ROICRY.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • The Profit Margin of RY (30.22%) is better than 95.83% of its industry peers.
  • RY's Profit Margin has improved in the last couple of years.
  • The Operating Margin and Gross Margin are not available for RY so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 30.22%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-2.05%
PM growth 5Y4.74%
GM growth 3YN/A
GM growth 5YN/A
RY.CA Yearly Profit, Operating, Gross MarginsRY.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

3

2. RY.CA Health Analysis

2.1 Basic Checks

  • RY does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • RY has less shares outstanding than it did 1 year ago.
  • RY has less shares outstanding than it did 5 years ago.
  • RY has a better debt/assets ratio than last year.
RY.CA Yearly Shares OutstandingRY.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B
RY.CA Yearly Total Debt VS Total AssetsRY.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500B 1T 1.5T 2T

2.2 Solvency

  • RY has a debt to FCF ratio of 5.81. This is a neutral value as RY would need 5.81 years to pay back of all of its debts.
  • The Debt to FCF ratio of RY (5.81) is better than 70.83% of its industry peers.
  • A Debt/Equity ratio of 2.49 is on the high side and indicates that RY has dependencies on debt financing.
  • RY has a Debt to Equity ratio of 2.49. This is comparable to the rest of the industry: RY outperforms 41.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.49
Debt/FCF 5.81
Altman-Z N/A
ROIC/WACCN/A
WACC12.82%
RY.CA Yearly LT Debt VS Equity VS FCFRY.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
RY.CA Yearly Current Assets VS Current LiabilitesRY.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100B 200B 300B 400B

5

3. RY.CA Growth Analysis

3.1 Past

  • RY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.70%, which is quite good.
  • Measured over the past years, RY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.61% on average per year.
  • The Revenue has grown by 11.93% in the past year. This is quite good.
  • RY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.14% yearly.
EPS 1Y (TTM)15.7%
EPS 3Y8.81%
EPS 5Y12.61%
EPS Q2Q%12.71%
Revenue 1Y (TTM)11.93%
Revenue growth 3Y10.79%
Revenue growth 5Y7.14%
Sales Q2Q%7.29%

3.2 Future

  • RY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.38% yearly.
  • Based on estimates for the next years, RY will show a small growth in Revenue. The Revenue will grow by 3.85% on average per year.
EPS Next Y13.48%
EPS Next 2Y11.53%
EPS Next 3Y10.38%
EPS Next 5YN/A
Revenue Next Year7.75%
Revenue Next 2Y6.12%
Revenue Next 3Y4.96%
Revenue Next 5Y3.85%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
RY.CA Yearly Revenue VS EstimatesRY.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B 80B
RY.CA Yearly EPS VS EstimatesRY.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5 10 15

3

4. RY.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • RY is valuated correctly with a Price/Earnings ratio of 16.09.
  • 75.00% of the companies in the same industry are cheaper than RY, based on the Price/Earnings ratio.
  • RY's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.42.
  • Based on the Price/Forward Earnings ratio of 13.35, the valuation of RY can be described as correct.
  • RY's Price/Forward Earnings ratio is rather expensive when compared to the industry. RY is more expensive than 87.50% of the companies in the same industry.
  • RY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.24, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 16.09
Fwd PE 13.35
RY.CA Price Earnings VS Forward Price EarningsRY.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 70.83% of the companies in the same industry are more expensive than RY, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 5.6
EV/EBITDA N/A
RY.CA Per share dataRY.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.19
PEG (5Y)1.28
EPS Next 2Y11.53%
EPS Next 3Y10.38%

7

5. RY.CA Dividend Analysis

5.1 Amount

  • RY has a Yearly Dividend Yield of 2.72%.
  • Compared to an average industry Dividend Yield of 3.10, RY has a dividend in line with its industry peers.
  • RY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 2.72%

5.2 History

  • On average, the dividend of RY grows each year by 7.08%, which is quite nice.
  • RY has been paying a dividend for at least 10 years, so it has a reliable track record.
  • As RY did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.08%
Div Incr Years9
Div Non Decr Years9
RY.CA Yearly Dividends per shareRY.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • RY pays out 43.88% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • RY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP43.88%
EPS Next 2Y11.53%
EPS Next 3Y10.38%
RY.CA Yearly Income VS Free CF VS DividendRY.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B
RY.CA Dividend Payout.RY.CA Dividend Payout, showing the Payout Ratio.RY.CA Dividend Payout.PayoutRetained Earnings

RY.CA Fundamentals: All Metrics, Ratios and Statistics

ROYAL BANK OF CANADA

TSX:RY (4/23/2026, 7:00:00 PM)

239.56

-1.7 (-0.7%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-26
Earnings (Next)05-27
Inst Owners50.62%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap334.83B
Revenue(TTM)67.83B
Net Income(TTM)20.50B
Analysts82.5
Price Target254.42 (6.2%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.72%
Yearly Dividend6.25
Dividend Growth(5Y)7.08%
DP43.88%
Div Incr Years9
Div Non Decr Years9
Ex-Date04-23
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.51%
Min EPS beat(2)3%
Max EPS beat(2)6.02%
EPS beat(4)3
Avg EPS beat(4)4.1%
Min EPS beat(4)-4.92%
Max EPS beat(4)12.29%
EPS beat(8)6
Avg EPS beat(8)4.12%
EPS beat(12)8
Avg EPS beat(12)2.39%
EPS beat(16)11
Avg EPS beat(16)2.12%
Revenue beat(2)1
Avg Revenue beat(2)0.11%
Min Revenue beat(2)-0.12%
Max Revenue beat(2)0.34%
Revenue beat(4)2
Avg Revenue beat(4)-0.06%
Min Revenue beat(4)-3.31%
Max Revenue beat(4)2.86%
Revenue beat(8)4
Avg Revenue beat(8)0.52%
Revenue beat(12)6
Avg Revenue beat(12)0.29%
Revenue beat(16)6
Avg Revenue beat(16)-0.82%
PT rev (1m)1.22%
PT rev (3m)5.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.87%
EPS NY rev (1m)0.13%
EPS NY rev (3m)1.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.69%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)1.19%
Valuation
Industry RankSector Rank
PE 16.09
Fwd PE 13.35
P/S 4.94
P/FCF 5.6
P/OCF 5.4
P/B 2.4
P/tB 2.96
EV/EBITDA N/A
EPS(TTM)14.89
EY6.22%
EPS(NY)17.95
Fwd EY7.49%
FCF(TTM)42.79
FCFY17.86%
OCF(TTM)44.33
OCFY18.51%
SpS48.53
BVpS100.02
TBVpS80.99
PEG (NY)1.19
PEG (5Y)1.28
Graham Number183.057 (-23.59%)
Profitability
Industry RankSector Rank
ROA 0.88%
ROE 14.66%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 30.22%
GM N/A
FCFM 88.17%
ROA(3y)0.77%
ROA(5y)0.81%
ROE(3y)13.1%
ROE(5y)13.93%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-2.05%
PM growth 5Y4.74%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 2.49
Debt/FCF 5.81
Debt/EBITDA N/A
Cap/Depr 71.61%
Cap/Sales 3.18%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 291.73%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score8
WACC12.82%
ROIC/WACCN/A
Cap/Depr(3y)81.48%
Cap/Depr(5y)84.61%
Cap/Sales(3y)4.22%
Cap/Sales(5y)4.43%
Profit Quality(3y)186.75%
Profit Quality(5y)211.66%
High Growth Momentum
Growth
EPS 1Y (TTM)15.7%
EPS 3Y8.81%
EPS 5Y12.61%
EPS Q2Q%12.71%
EPS Next Y13.48%
EPS Next 2Y11.53%
EPS Next 3Y10.38%
EPS Next 5YN/A
Revenue 1Y (TTM)11.93%
Revenue growth 3Y10.79%
Revenue growth 5Y7.14%
Sales Q2Q%7.29%
Revenue Next Year7.75%
Revenue Next 2Y6.12%
Revenue Next 3Y4.96%
Revenue Next 5Y3.85%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-13.45%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1371.94%
FCF growth 3Y39.67%
FCF growth 5Y-17.21%
OCF growth 1Y842.13%
OCF growth 3Y36.02%
OCF growth 5Y-16.84%

ROYAL BANK OF CANADA / RY.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ROYAL BANK OF CANADA (RY.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to RY.CA.


What is the valuation status of ROYAL BANK OF CANADA (RY.CA) stock?

ChartMill assigns a valuation rating of 3 / 10 to ROYAL BANK OF CANADA (RY.CA). This can be considered as Overvalued.


Can you provide the profitability details for ROYAL BANK OF CANADA?

ROYAL BANK OF CANADA (RY.CA) has a profitability rating of 4 / 10.


Can you provide the financial health for RY stock?

The financial health rating of ROYAL BANK OF CANADA (RY.CA) is 3 / 10.


What is the earnings growth outlook for ROYAL BANK OF CANADA?

The Earnings per Share (EPS) of ROYAL BANK OF CANADA (RY.CA) is expected to grow by 13.48% in the next year.