NN GROUP NV (2NN.DE) Stock Fundamental Analysis
Europe - FRA:2NN - NL0010773842 - Common Stock
57.88 EUR
+0.26 (+0.45%)
Overall 2NN gets a fundamental rating of 5 out of 10. We evaluated 2NN against 43 industry peers in the Insurance industry. Both the profitability and the financial health of 2NN get a neutral evaluation. Nothing too spectacular is happening here. 2NN is not valued too expensively and it also shows a decent growth rate. 2NN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year 2NN was profitable.
In the past year 2NN had a positive cash flow from operations.
Each year in the past 5 years 2NN has been profitable.
The reported operating cash flow has been mixed in the past 5 years: 2NN reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of 2NN (0.61%) is worse than 76.74% of its industry peers.
Looking at the Return On Equity, with a value of 5.84%, 2NN is doing worse than 83.72% of the companies in the same industry.
2NN has a worse Return On Invested Capital (0.43%) than 67.44% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 2NN is in line with the industry average of 2.26%.
The 3 year average ROIC (0.31%) for 2NN is below the current ROIC(0.43%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 5.84% | ||
| ROIC | 0.43% |
ROA(3y)0.67%
ROA(5y)0.8%
ROE(3y)6.62%
ROE(5y)6.79%
ROIC(3y)0.31%
ROIC(5y)0.56%
1.3 Margins
Looking at the Profit Margin, with a value of 9.91%, 2NN is in the better half of the industry, outperforming 62.79% of the companies in the same industry.
In the last couple of years the Profit Margin of 2NN has grown nicely.
Looking at the Operating Margin, with a value of 8.71%, 2NN is doing worse than 65.12% of the companies in the same industry.
In the last couple of years the Operating Margin of 2NN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.71% | ||
| PM (TTM) | 9.91% | ||
| GM | N/A |
OM growth 3Y-1.79%
OM growth 5Y0.69%
PM growth 3Y-3.58%
PM growth 5Y9.26%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
2NN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for 2NN has been reduced compared to 1 year ago.
Compared to 5 years ago, 2NN has less shares outstanding
2NN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.13, we must say that 2NN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of 2NN (0.13) is better than 81.40% of its industry peers.
2NN has a debt to FCF ratio of 70.44. This is a negative value and a sign of low solvency as 2NN would need 70.44 years to pay back of all of its debts.
2NN has a Debt to FCF ratio of 70.44. This is in the lower half of the industry: 2NN underperforms 79.07% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that 2NN is somewhat dependend on debt financing.
The Debt to Equity ratio of 2NN (0.62) is better than 60.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 70.44 | ||
| Altman-Z | 0.13 |
ROIC/WACC0.05
WACC8.21%
2.3 Liquidity
A Current Ratio of 2.16 indicates that 2NN has no problem at all paying its short term obligations.
The Current ratio of 2NN (2.16) is better than 93.02% of its industry peers.
A Quick Ratio of 2.16 indicates that 2NN has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.16, 2NN belongs to the best of the industry, outperforming 93.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 2.16 |
3. Growth
3.1 Past
2NN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.80%, which is quite good.
Measured over the past years, 2NN shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.60% on average per year.
The Revenue has been growing slightly by 1.39% in the past year.
The Revenue for 2NN have been decreasing by -12.53% on average. This is quite bad
EPS 1Y (TTM)10.8%
EPS 3Y-18.75%
EPS 5Y-0.6%
EPS Q2Q%-40.43%
Revenue 1Y (TTM)1.39%
Revenue growth 3Y-19.29%
Revenue growth 5Y-12.53%
Sales Q2Q%6.55%
3.2 Future
The Earnings Per Share is expected to grow by 8.27% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.15% on average over the next years.
EPS Next Y7.69%
EPS Next 2Y10.17%
EPS Next 3Y8.59%
EPS Next 5Y8.27%
Revenue Next Year0.22%
Revenue Next 2Y1.88%
Revenue Next 3Y2.5%
Revenue Next 5Y2.15%
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 accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
2NN is valuated correctly with a Price/Earnings ratio of 12.31.
Based on the Price/Earnings ratio, 2NN is valued a bit cheaper than 62.79% of the companies in the same industry.
2NN is valuated cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
2NN is valuated cheaply with a Price/Forward Earnings ratio of 7.40.
Based on the Price/Forward Earnings ratio, 2NN is valued cheaply inside the industry as 93.02% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of 2NN to the average of the S&P500 Index (22.88), we can say 2NN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.31 | ||
| Fwd PE | 7.4 |
4.2 Price Multiples
2NN's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 2NN indicates a slightly more expensive valuation: 2NN is more expensive than 76.74% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 82.38 | ||
| EV/EBITDA | 16.75 |
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)1.6
PEG (5Y)N/A
EPS Next 2Y10.17%
EPS Next 3Y8.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.01%, 2NN is a good candidate for dividend investing.
2NN's Dividend Yield is rather good when compared to the industry average which is at 4.56. 2NN pays more dividend than 86.05% of the companies in the same industry.
2NN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
5.2 History
On average, the dividend of 2NN grows each year by 15.91%, which is quite nice.
Dividend Growth(5Y)15.91%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
73.42% of the earnings are spent on dividend by 2NN. This is not a sustainable payout ratio.
The dividend of 2NN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP73.42%
EPS Next 2Y10.17%
EPS Next 3Y8.59%
FRA:2NN (9/18/2025, 7:00:00 PM)
57.88
+0.26 (+0.45%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners52.27%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap15.57B
Analysts75
Price Target63.47 (9.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.01% |
Yearly Dividend2.56
Dividend Growth(5Y)15.91%
DP73.42%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.06%
PT rev (3m)16.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.82%
EPS NY rev (3m)-1.82%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.17%
Revenue NY rev (3m)-2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.31 | ||
| Fwd PE | 7.4 | ||
| P/S | 1.22 | ||
| P/FCF | 82.38 | ||
| P/OCF | 62.53 | ||
| P/B | 0.72 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 16.75 |
EPS(TTM)4.7
EY8.12%
EPS(NY)7.82
Fwd EY13.51%
FCF(TTM)0.7
FCFY1.21%
OCF(TTM)0.93
OCFY1.6%
SpS47.42
BVpS80.46
TBVpS75.96
PEG (NY)1.6
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 5.84% | ||
| ROCE | 0.54% | ||
| ROIC | 0.43% | ||
| ROICexc | 0.45% | ||
| ROICexgc | 0.59% | ||
| OM | 8.71% | ||
| PM (TTM) | 9.91% | ||
| GM | N/A | ||
| FCFM | 1.48% |
ROA(3y)0.67%
ROA(5y)0.8%
ROE(3y)6.62%
ROE(5y)6.79%
ROIC(3y)0.31%
ROIC(5y)0.56%
ROICexc(3y)0.32%
ROICexc(5y)0.58%
ROICexgc(3y)0.42%
ROICexgc(5y)0.75%
ROCE(3y)0.39%
ROCE(5y)0.7%
ROICexcg growth 3Y-14.7%
ROICexcg growth 5Y-8.18%
ROICexc growth 3Y-16.09%
ROICexc growth 5Y-9.11%
OM growth 3Y-1.79%
OM growth 5Y0.69%
PM growth 3Y-3.58%
PM growth 5Y9.26%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 70.44 | ||
| Debt/EBITDA | 10.56 | ||
| Cap/Depr | 40% | ||
| Cap/Sales | 0.47% | ||
| Interest Coverage | 0.78 | ||
| Cash Conversion | 19.75% | ||
| Profit Quality | 14.95% | ||
| Current Ratio | 2.16 | ||
| Quick Ratio | 2.16 | ||
| Altman-Z | 0.13 |
F-Score7
WACC8.21%
ROIC/WACC0.05
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.8%
EPS 3Y-18.75%
EPS 5Y-0.6%
EPS Q2Q%-40.43%
EPS Next Y7.69%
EPS Next 2Y10.17%
EPS Next 3Y8.59%
EPS Next 5Y8.27%
Revenue 1Y (TTM)1.39%
Revenue growth 3Y-19.29%
Revenue growth 5Y-12.53%
Sales Q2Q%6.55%
Revenue Next Year0.22%
Revenue Next 2Y1.88%
Revenue Next 3Y2.5%
Revenue Next 5Y2.15%
EBIT growth 1Y62.43%
EBIT growth 3Y-20.73%
EBIT growth 5Y-11.93%
EBIT Next Year9.08%
EBIT Next 3Y4.46%
EBIT Next 5YN/A
FCF growth 1Y114.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y118.99%
OCF growth 3YN/A
OCF growth 5YN/A