KB Financial Group Inc (KB) vs NatWest Group plc (NWG)

KB Financial Group Inc and NatWest Group plc are both Banks Regional companies. NatWest Group plc is the larger, with a market value of $63.1B against $39.5B — 1.6× the size. NatWest Group plc trades at the lower P/E: 8.3× against 9.7×. NatWest Group plc grew revenue faster over the last twelve months: 27.5% against 14.3%. NatWest Group plc has the higher net margin (19.3% vs 16.4%) and the higher return on invested capital (0.00% vs 0.00%). Both pay a dividend; NatWest Group plc yields more (5.90% vs 2.95%). Across the 18 metrics below, NatWest Group plc leads on 12 and KB Financial Group Inc on 6.

Valuation

Metric KB NWG Banks Regional median
P/E 9.68 8.32 12.02
P/S 1.53 1.59 2.36
P/B 0.90 1.08 1.23
Price to free cash flow 9.44 3.60 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 10.33% 12.02% 8.21%
Free cash flow yield 10.60% 27.79% 9.23%

Profitability

Metric KB NWG Banks Regional median
Gross margin 57.75% 57.44% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.35% 19.31% 18.82%
Free cash flow margin 16.17% 0.00% 17.97%
Return on equity 9.75% 13.45% 10.28%
Return on assets 0.73% 0.77% 1.13%
Return on invested capital 0.00% 0.00% 8.45%

Growth

Metric KB NWG Banks Regional median
Revenue growth (TTM) 14.28% 27.45% 6.37%
EPS growth (last fiscal year) 15.11% 31.62% 18.85%
Revenue growth, 5-year CAGR 8.84% 18.23% 12.65%
Net income growth, 5-year CAGR 4.15% 0.00% 9.81%

Health

Metric KB NWG Banks Regional median
Debt to equity 2.53 0.13 0.17
Current ratio 1.64 1.03 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric KB NWG Banks Regional median
Dividend yield 2.95% 5.90% 2.49%
Payout ratio 0.29 0.49 0.29

Size

Metric KB NWG Banks Regional median
Market cap 39.53b 63.05b 934.85m

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