Royal Bank of Canada (RY) Competitors

$106.79
+0.80 (+0.75%)
(As of 05/17/2024 ET)

RY vs. MUFG, HDB, TD, IBN, SAN, SMFG, BMO, BBVA, ING, and CM

Should you be buying Royal Bank of Canada stock or one of its competitors? The main competitors of Royal Bank of Canada include Mitsubishi UFJ Financial Group (MUFG), HDFC Bank (HDB), Toronto-Dominion Bank (TD), ICICI Bank (IBN), Banco Santander (SAN), Sumitomo Mitsui Financial Group (SMFG), Bank of Montreal (BMO), Banco Bilbao Vizcaya Argentaria (BBVA), ING Groep (ING), and Canadian Imperial Bank of Commerce (CM). These companies are all part of the "commercial banks, not elsewhere classified" industry.

Royal Bank of Canada vs.

Royal Bank of Canada (NYSE:RY) and Mitsubishi UFJ Financial Group (NYSE:MUFG) are both large-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, community ranking, earnings, profitability, institutional ownership, dividends and risk.

Royal Bank of Canada received 516 more outperform votes than Mitsubishi UFJ Financial Group when rated by MarketBeat users. However, 64.36% of users gave Mitsubishi UFJ Financial Group an outperform vote while only 55.71% of users gave Royal Bank of Canada an outperform vote.

CompanyUnderperformOutperform
Royal Bank of CanadaOutperform Votes
702
55.71%
Underperform Votes
558
44.29%
Mitsubishi UFJ Financial GroupOutperform Votes
186
64.36%
Underperform Votes
103
35.64%

45.3% of Royal Bank of Canada shares are owned by institutional investors. Comparatively, 13.6% of Mitsubishi UFJ Financial Group shares are owned by institutional investors. 0.0% of Mitsubishi UFJ Financial Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Royal Bank of Canada has a beta of 0.85, meaning that its share price is 15% less volatile than the S&P 500. Comparatively, Mitsubishi UFJ Financial Group has a beta of 0.62, meaning that its share price is 38% less volatile than the S&P 500.

Mitsubishi UFJ Financial Group has a net margin of 12.68% compared to Royal Bank of Canada's net margin of 12.43%. Royal Bank of Canada's return on equity of 14.74% beat Mitsubishi UFJ Financial Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Bank of Canada12.43% 14.74% 0.80%
Mitsubishi UFJ Financial Group 12.68%8.00%0.40%

In the previous week, Royal Bank of Canada had 3 more articles in the media than Mitsubishi UFJ Financial Group. MarketBeat recorded 13 mentions for Royal Bank of Canada and 10 mentions for Mitsubishi UFJ Financial Group. Royal Bank of Canada's average media sentiment score of 1.04 beat Mitsubishi UFJ Financial Group's score of 1.03 indicating that Royal Bank of Canada is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Bank of Canada
7 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Mitsubishi UFJ Financial Group
6 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Royal Bank of Canada pays an annual dividend of $4.08 per share and has a dividend yield of 3.8%. Mitsubishi UFJ Financial Group pays an annual dividend of $0.22 per share and has a dividend yield of 2.2%. Royal Bank of Canada pays out 51.4% of its earnings in the form of a dividend. Mitsubishi UFJ Financial Group pays out 25.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Royal Bank of Canada currently has a consensus target price of $137.67, indicating a potential upside of 28.91%. Given Royal Bank of Canada's higher probable upside, equities research analysts plainly believe Royal Bank of Canada is more favorable than Mitsubishi UFJ Financial Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Bank of Canada
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
Mitsubishi UFJ Financial Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Royal Bank of Canada has higher revenue and earnings than Mitsubishi UFJ Financial Group. Mitsubishi UFJ Financial Group is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Bank of Canada$87.48B1.73$11.02B$7.9413.45
Mitsubishi UFJ Financial Group$82.36B1.50$8.26B$0.8711.53

Summary

Royal Bank of Canada beats Mitsubishi UFJ Financial Group on 15 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RY vs. The Competition

MetricRoyal Bank of CanadaCommercial banks IndustryFinance SectorNYSE Exchange
Market Cap$151.08B$35.23B$9.74B$18.11B
Dividend Yield3.85%4.36%6.25%3.44%
P/E Ratio13.458.6747.2323.74
Price / Sales1.731.593,574.1111.39
Price / Cash10.609.1428.8919.45
Price / Book1.831.083.306.01
Net Income$11.02B$3.12B$1.01B$966.65M
7 Day Performance3.47%2.09%1.67%1.85%
1 Month Performance10.17%9.12%5.34%7.14%
1 Year Performance12.65%35.82%17.66%21.67%

Royal Bank of Canada Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MUFG
Mitsubishi UFJ Financial Group
3.6712 of 5 stars
$10.41
+1.2%
N/A+44.7%$128.37B$5.66T8.39121,800Upcoming Earnings
News Coverage
HDB
HDFC Bank
3.1165 of 5 stars
$55.95
+0.1%
N/A-15.1%$104.06B$49.29B17.16173,222Short Interest ↓
News Coverage
TD
Toronto-Dominion Bank
4.196 of 5 stars
$56.70
-0.1%
$89.33
+57.6%
-6.4%$99.77B$75.05B12.12103,257Upcoming Earnings
News Coverage
IBN
ICICI Bank
0.8664 of 5 stars
$26.90
flat
N/A+18.4%$94.50B$20.04B19.35157,799Stock Split
SAN
Banco Santander
3.9693 of 5 stars
$5.09
+0.6%
N/A+53.5%$80.55B$62.14B7.07212,764Analyst Upgrade
SMFG
Sumitomo Mitsui Financial Group
2.5037 of 5 stars
$11.81
+1.3%
N/A+47.4%$77.79B$45.46B13.42106,000Positive News
Gap Up
BMO
Bank of Montreal
4.5324 of 5 stars
$94.50
+0.4%
$131.00
+38.6%
+7.0%$68.91B$50.48B18.0356,000Positive News
BBVA
Banco Bilbao Vizcaya Argentaria
3.2308 of 5 stars
$10.70
+2.2%
N/A+56.6%$63.80B$34.69B7.28121,486Short Interest ↑
ING
ING Groep
3.3137 of 5 stars
$17.79
+2.0%
N/A+38.2%$61.01B$22.42B7.8746,000
CM
Canadian Imperial Bank of Commerce
4.8066 of 5 stars
$48.99
-0.6%
$63.00
+28.6%
+17.0%$45.95B$41.16B10.1248,074Positive News

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This page (NYSE:RY) was last updated on 5/18/2024 by MarketBeat.com Staff

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