NN GROUP NV (2NN.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:2NN - NL0010773842 - Common Stock
65.9 EUR
+0.44 (+0.67%)
We assign a fundamental rating of 4 out of 10 to 2NN. 2NN was compared to 46 industry peers in the Insurance industry. 2NN scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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
2NN had positive earnings in the past year.
2NN had a positive operating cash flow in the past year.
In the past 5 years 2NN has always been profitable.
In multiple years 2NN reported negative operating cash flow during the last 5 years.
1.2 Ratios
2NN's Return On Assets of 0.61% is on the low side compared to the rest of the industry. 2NN is outperformed by 76.09% of its industry peers.
2NN's Return On Equity of 5.84% is on the low side compared to the rest of the industry. 2NN is outperformed by 86.96% of its industry peers.
2NN has a Return On Invested Capital of 0.43%. This is in the lower half of the industry: 2NN underperforms 60.87% of its industry peers.
2NN had an Average Return On Invested Capital over the past 3 years of 0.31%. This is below the industry average of 2.71%.
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
With a decent Profit Margin value of 9.91%, 2NN is doing good in the industry, outperforming 60.87% of the companies in the same industry.
2NN's Profit Margin has improved in the last couple of years.
The Operating Margin of 2NN (8.71%) is worse than 60.87% of its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 2NN is destroying value.
Compared to 1 year ago, 2NN has less shares outstanding
Compared to 5 years ago, 2NN has less shares outstanding
Compared to 1 year ago, 2NN has an improved debt to assets ratio.
2.2 Solvency
2NN has an Altman-Z score of 0.13. This is a bad value and indicates that 2NN is not financially healthy and even has some risk of bankruptcy.
2NN has a Altman-Z score of 0.13. This is in the better half of the industry: 2NN outperforms 78.26% of its industry peers.
The Debt to FCF ratio of 2NN is 70.44, which is on the high side as it means it would take 2NN, 70.44 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of 2NN (70.44) is worse than 78.26% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that 2NN is somewhat dependend on debt financing.
2NN has a Debt to Equity ratio (0.62) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 70.44 | ||
| Altman-Z | 0.13 |
ROIC/WACC0.05
WACC8.1%
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 93.48% of its industry peers.
A Quick Ratio of 2.16 indicates that 2NN has no problem at all paying its short term obligations.
2NN's Quick ratio of 2.16 is amongst the best of the industry. 2NN outperforms 93.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 2.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.68% over the past year.
2NN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.60% yearly.
The Revenue has been growing slightly by 1.39% in the past year.
Measured over the past years, 2NN shows a very negative growth in Revenue. The Revenue has been decreasing by -12.53% on average per year.
EPS 1Y (TTM)10.68%
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 6.03% on average over the next years.
The Revenue is expected to grow by 2.10% on average over the next years.
EPS Next Y-3.24%
EPS Next 2Y11.84%
EPS Next 3Y9.81%
EPS Next 5Y6.03%
Revenue Next Year0.22%
Revenue Next 2Y1.88%
Revenue Next 3Y2.5%
Revenue Next 5Y2.1%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.02 indicates a correct valuation of 2NN.
2NN's Price/Earnings is on the same level as the industry average.
2NN is valuated rather cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.18, which indicates a very decent valuation of 2NN.
Based on the Price/Forward Earnings ratio, 2NN is valued cheaply inside the industry as 84.78% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.98. 2NN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.02 | ||
| Fwd PE | 8.18 |
4.2 Price Multiples
2NN's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, 2NN is valued a bit more expensive than the industry average as 78.26% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 93.79 | ||
| EV/EBITDA | 18.37 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.84%
EPS Next 3Y9.81%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.36%, 2NN is a good candidate for dividend investing.
2NN's Dividend Yield is rather good when compared to the industry average which is at 3.93. 2NN pays more dividend than 84.78% of the companies in the same industry.
2NN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.36% |
5.2 History
The dividend of 2NN is nicely growing with an annual growth rate of 15.91%!
Dividend Growth(5Y)15.91%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
2NN pays out 73.42% of its income as dividend. 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 2Y11.84%
EPS Next 3Y9.81%
FRA:2NN (1/12/2026, 7:00:00 PM)
65.9
+0.44 (+0.67%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners59.04%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap17.73B
Revenue(TTM)12.76B
Net Income(TTM)1.26B
Analysts78.33
Price Target66.73 (1.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.36% |
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)0.15%
PT rev (3m)4.01%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.23%
EPS NY rev (3m)-5.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.02 | ||
| Fwd PE | 8.18 | ||
| P/S | 1.39 | ||
| P/FCF | 93.79 | ||
| P/OCF | 71.19 | ||
| P/B | 0.82 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 18.37 |
EPS(TTM)4.7
EY7.13%
EPS(NY)8.06
Fwd EY12.23%
FCF(TTM)0.7
FCFY1.07%
OCF(TTM)0.93
OCFY1.4%
SpS47.42
BVpS80.46
TBVpS75.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number92.25
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%
ROICexgc growth 3Y-14.7%
ROICexgc 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
WACC8.1%
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)10.68%
EPS 3Y-18.75%
EPS 5Y-0.6%
EPS Q2Q%-40.43%
EPS Next Y-3.24%
EPS Next 2Y11.84%
EPS Next 3Y9.81%
EPS Next 5Y6.03%
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 5Y2.1%
EBIT growth 1Y62.43%
EBIT growth 3Y-20.73%
EBIT growth 5Y-11.93%
EBIT Next Year8.41%
EBIT Next 3Y3.51%
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
NN GROUP NV / 2NN.DE FAQ
What is the ChartMill fundamental rating of NN GROUP NV (2NN.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to 2NN.DE.
Can you provide the valuation status for NN GROUP NV?
ChartMill assigns a valuation rating of 4 / 10 to NN GROUP NV (2NN.DE). This can be considered as Fairly Valued.
How profitable is NN GROUP NV (2NN.DE) stock?
NN GROUP NV (2NN.DE) has a profitability rating of 3 / 10.
What is the valuation of NN GROUP NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for NN GROUP NV (2NN.DE) is 14.02 and the Price/Book (PB) ratio is 0.82.
Can you provide the dividend sustainability for 2NN stock?
The dividend rating of NN GROUP NV (2NN.DE) is 7 / 10 and the dividend payout ratio is 73.42%.