RBSPF (NatWest Group) EV-to-OCF: (As of Jul. 27, 2026)

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Director of Data and Quant Analytics at GuruFocus
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RBSPF NatWest Group PLC RBSPF
76 GF Score
Price $9.14
GF Value $6.54
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is NatWest Group EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, NatWest Group's Enterprise Value is $-22,037 Mil. NatWest Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil. Therefore, NatWest Group's EV-to-OCF for today is .

The historical rank and industry rank for NatWest Group's EV-to-OCF or its related term are showing as below:

RBSPF' s EV-to-OCF Range Over the Past 10 Years
Min: -2.62   Med: 0   Max: -2.29
Current: -2.33

During the past 13 years, the highest EV-to-OCF of NatWest Group was -2.29. The lowest was -2.62. And the median was .

RBSPF's EV-to-OCF is ranked better than
80.29% of 1502 companies
in the Banks industry
Industry Median: 3.685 vs RBSPF: -2.33

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-27), NatWest Group's stock price is $9.135. NatWest Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.937. Therefore, NatWest Group's PE Ratio (TTM) for today is 9.75.


NatWest Group  (OTCPK:RBSPF) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

NatWest Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.135/0.937
=9.75

NatWest Group's share price for today is $9.135.
NatWest Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.937.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


NatWest Group EV-to-OCF Related Terms


NatWest Group EV-to-OCF Historical Data

* Premium members only.

The historical data trend for NatWest Group's EV-to-OCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NatWest Group EV-to-OCF Chart

NatWest Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.75 1.47 1.44 2.95 5.46

NatWest Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 5.46 0.00

NatWest Group EV-to-OCF Competitor Comparison

For the Banks - Regional subindustry, NatWest Group's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NatWest Group EV-to-OCF vs Banks Industry

For the Banks industry and Financial Services sector, NatWest Group's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where NatWest Group's EV-to-OCF falls into.


RBSPF
76GF Score
NatWest Group PLC RBSPF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NatWest Group EV-to-OCF Calculation

NatWest Group's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-22037.002/0
=

NatWest Group's current Enterprise Value is $-22,037 Mil.
NatWest Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is NatWest Group (RBSPF) Overvalued in 2026?

Based on GuruFocus' analysis, NatWest Group stock appears to be overvalued. The current stock price of $9.14 is trading 39.7% above its estimated GF Value™ of $6.54. GuruFocus considers NatWest Group to be Significantly Overvalued.

Key valuation signals for RBSPF:

  • EV-to-OCF:
  • GF Value™: $6.54 vs. price of $9.14 (39.7% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the RBSPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NatWest Group Business Description

Address Gogarburn, PO Box 1000, Edinburgh, GBR, EH12 1HQ
NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the UK, offering clients lending and payment services as well as asset management services.
76GF Score

Get the complete analysis for RBSPF

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.14
Price
$6.54
GF Value