NN GROUP NV (2NN.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:2NN - NL0010773842 - Common Stock
65.66 EUR
+0.38 (+0.58%)
Overall 2NN gets a fundamental rating of 5 out of 10. We evaluated 2NN against 47 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. Finally 2NN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
2NN had positive earnings in the past year.
In the past year 2NN had a positive cash flow from operations.
In the past 5 years 2NN has always 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 73.33% of its industry peers.
With a Return On Equity value of 5.84%, 2NN is not doing good in the industry: 84.44% of the companies in the same industry are doing better.
2NN has a Return On Invested Capital of 0.43%. This is in the lower half of the industry: 2NN underperforms 60.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 2NN is below the industry average of 2.63%.
The last Return On Invested Capital (0.43%) for 2NN is above the 3 year average (0.31%), which is a sign of increasing profitability.
| 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
2NN has a Profit Margin of 9.91%. This is in the better half of the industry: 2NN outperforms 62.22% of its industry peers.
In the last couple of years the Profit Margin of 2NN has grown nicely.
2NN has a Operating Margin (8.71%) which is comparable to the rest of the industry.
2NN's Operating Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 2NN 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.
With a decent Altman-Z score value of 0.13, 2NN is doing good in the industry, outperforming 77.78% of the companies in the same industry.
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 73.33% of its industry peers.
2NN has a Debt/Equity ratio of 0.62. This is a neutral value indicating 2NN is somewhat dependend on debt financing.
2NN has a Debt to Equity ratio (0.62) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 70.44 | ||
| Altman-Z | 0.13 |
ROIC/WACC0.05
WACC8.11%
2.3 Liquidity
2NN has a Current Ratio of 2.16. This indicates that 2NN is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.16, 2NN belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
2NN has a Quick Ratio of 2.16. This indicates that 2NN is financially healthy and has no problem in meeting its short term obligations.
2NN has a Quick ratio of 2.16. This is amongst the best in the industry. 2NN outperforms 93.33% 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 10.61% 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.
2NN shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -12.53% yearly.
EPS 1Y (TTM)10.61%
EPS 3Y-18.74%
EPS 5Y-0.6%
EPS Q2Q%-40.45%
Revenue 1Y (TTM)1.39%
Revenue growth 3Y-19.29%
Revenue growth 5Y-12.53%
Sales Q2Q%6.55%
3.2 Future
Based on estimates for the next years, 2NN will show a small growth in Earnings Per Share. The EPS will grow by 6.34% on average per year.
The Revenue is expected to grow by 2.40% on average over the next years.
EPS Next Y-3.24%
EPS Next 2Y11.84%
EPS Next 3Y9.81%
EPS Next 5Y6.34%
Revenue Next Year0.22%
Revenue Next 2Y1.88%
Revenue Next 3Y2.5%
Revenue Next 5Y2.4%
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 14.00 indicates a correct valuation of 2NN.
The rest of the industry has a similar Price/Earnings ratio as 2NN.
2NN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.92.
The Price/Forward Earnings ratio is 8.15, which indicates a very decent valuation of 2NN.
Based on the Price/Forward Earnings ratio, 2NN is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
2NN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 8.15 |
4.2 Price Multiples
2NN's Enterprise Value to EBITDA ratio is in line with the industry average.
2NN's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. 2NN is more expensive than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 93.45 | ||
| EV/EBITDA | 18.41 |
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
2NN has a Yearly Dividend Yield of 5.38%, which is a nice return.
2NN's Dividend Yield is rather good when compared to the industry average which is at 3.90. 2NN pays more dividend than 82.22% of the companies in the same industry.
2NN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.38% |
5.2 History
On average, the dividend of 2NN grows each year by 15.92%, which is quite nice.
Dividend Growth(5Y)15.92%
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 (12/23/2025, 7:00:00 PM)
65.66
+0.38 (+0.58%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners58.47%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap17.66B
Revenue(TTM)12.76B
Net Income(TTM)1.26B
Analysts78.33
Price Target66.73 (1.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.38% |
Yearly Dividend2.56
Dividend Growth(5Y)15.92%
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)1.08%
PT rev (3m)5.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.15%
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 | ||
| Fwd PE | 8.15 | ||
| P/S | 1.38 | ||
| P/FCF | 93.45 | ||
| P/OCF | 70.93 | ||
| P/B | 0.82 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | 18.41 |
EPS(TTM)4.69
EY7.14%
EPS(NY)8.06
Fwd EY12.28%
FCF(TTM)0.7
FCFY1.07%
OCF(TTM)0.93
OCFY1.41%
SpS47.42
BVpS80.46
TBVpS75.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number92.15
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
WACC8.11%
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)10.61%
EPS 3Y-18.74%
EPS 5Y-0.6%
EPS Q2Q%-40.45%
EPS Next Y-3.24%
EPS Next 2Y11.84%
EPS Next 3Y9.81%
EPS Next 5Y6.34%
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 5Y2.4%
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 5 / 10 to 2NN.DE.
What is the valuation status for 2NN stock?
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 4 / 10.
Can you provide the PE and PB ratios for 2NN stock?
The Price/Earnings (PE) ratio for NN GROUP NV (2NN.DE) is 14 and the Price/Book (PB) ratio is 0.82.
Is the dividend of NN GROUP NV sustainable?
The dividend rating of NN GROUP NV (2NN.DE) is 7 / 10 and the dividend payout ratio is 73.42%.