Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Royal Bank of CanadaRY -0.15%77 Intrinsic Value: Projected FCF is $361.95 as of Aug. 31, 2026. GuruFocus rates RY with a GF Score™ of 77/100 and a GF Value™ of $153.38 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,305 Banks companies, Royal Bank of Canada ranks better than 55.63% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Royal Bank of Canada's Intrinsic Value: Projected FCF or its related term are showing as below:
RY'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.24 Med: 0.39 Max: 0.7
Current: 0.56
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Royal Bank of Canada was 0.70. The lowest was 0.24. And the median was 0.39.
RY's Price-to-Projected-FCF is ranked better than 55.63% of 1305
companies
in the Banks industry
Industry Median: 0.6
vs RY: 0.56
Royal Bank of Canada (NYSE:RY) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Royal Bank of Canada's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
204.23
/
340.50903616667
=
0.60
* 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.
Royal Bank of Canada Intrinsic Value: Projected FCF Related Terms
Royal Bank of Canada Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Royal Bank of Canada's Intrinsic Value: Projected FCF 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.
Royal Bank of Canada Intrinsic Value: Projected FCF Chart
RY vs JPM, BAC, WFC: Intrinsic Value: Projected FCF Comparison
For the Banks - Diversified subindustry, Royal Bank of Canada's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.
Royal Bank of Canada Price-to-Projected-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Royal Bank of Canada's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Royal Bank of Canada's Price-to-Projected-FCF falls into.
Royal Bank of Canada Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $361.95 mean?
Royal Bank of Canada (RY) has a Intrinsic Value: Projected FCF of $361.95 as of Aug. 31, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Royal Bank of Canada and its competitors. According to the industry distribution chart, Royal Bank of Canada ranks #579 out of 1305 companies in the Banks industry, placing it in the top 44.4%.
Is Royal Bank of Canada's Intrinsic Value: Projected FCF too high?
Royal Bank of Canada's current Intrinsic Value: Projected FCF is $361.95. The Banks industry median Intrinsic Value: Projected FCF is 0.60. Royal Bank of Canada's value of $361.95 is 60225% above this industry median. Based on the distribution chart, Royal Bank of Canada ranks #579 out of 1305 companies in the Banks industry, which is above the industry midpoint. Overall, Royal Bank of Canada has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Bank of Canada's Intrinsic Value: Projected FCF compare to JPM and BAC?
According to the Banks industry distribution chart, Royal Bank of Canada ranks #579 out of 1305 companies for Intrinsic Value: Projected FCF. This puts Royal Bank of Canada in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.60. Royal Bank of Canada's value of $361.95 is 60225% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Banks company?
The median Intrinsic Value: Projected FCF among Banks companies is 0.60, based on 1,305 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Bank of Canada's current Intrinsic Value: Projected FCF of $361.95 is 60225% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Royal Bank of Canada and its competitors. For the Banks industry, the median Intrinsic Value: Projected FCF is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Bank of Canada's current Intrinsic Value: Projected FCF is $361.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, Royal Bank of Canada (RY) is currently considered Significantly Overvalued. The stock's GF Value™ is $153.38, compared to a current price of $204.23 — trading 33.2% above its estimated fair value. The current Intrinsic Value: Projected FCF is $361.95 and 60225% above the Banks industry median of 0.60. Royal Bank of Canada's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Royal Bank of Canada (RY), the current Intrinsic Value: Projected FCF is $361.95 as of Aug. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Royal Bank of Canada (RY) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Bank of Canada stock appears to be overvalued.
The current stock price of $204.23 is trading 33.2% above its estimated GF Value™ of $153.38.
GuruFocus considers Royal Bank of Canada to be Significantly Overvalued.
Key valuation signals for RY:
Intrinsic Value: Projected FCF: $361.95
GF Value™: $153.38 vs. price of $204.23 (33.2% above fair value)
Industry Position: 60225% above the Banks median (#579 of 1305)
No single metric tells the full story. See the RY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2.4 trillion in assets at the end of April 2026. It is a diversified financial services company, offering personal and commercial banking, wealth management, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada and has dominant market shares. RBC also has wealth and capital market businesses in the US, UK, and other countries. RBC is a top 15 investment bank globally.
77GF Score
Get the complete analysis for RY
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RY has been successfully added to your 
