NN GROUP NV (NN.AS)
NL0010773842 - Common Stock
Overall NN gets a fundamental rating of 5 out of 10. We evaluated NN against 32 industry peers in the Insurance industry. While NN seems to be doing ok healthwise, there are quite some concerns on its profitability. NN is not valued too expensively and it also shows a decent growth rate. NN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NN had positive earnings in the past year.
In the past year NN has reported a negative cash flow from operations.
NN had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: NN reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.57%, NN is doing worse than 74.19% of the companies in the same industry.
NN has a Return On Equity of 5.51%. This is amonst the worse of the industry: NN underperforms 80.65% of its industry peers.
NN has a worse Return On Invested Capital (0.27%) than 70.97% of its industry peers.
NN had an Average Return On Invested Capital over the past 3 years of 0.43%. This is in line with the industry average of 2.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 5.51% | ||
| ROIC | 0.27% |
ROA(3y)0.86%
ROA(5y)0.81%
ROE(3y)7.37%
ROE(5y)6.55%
ROIC(3y)0.43%
ROIC(5y)0.62%
1.3 Margins
With a decent Profit Margin value of 9.26%, NN is doing good in the industry, outperforming 61.29% of the companies in the same industry.
NN's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 5.44%, NN is doing worse than 70.97% of the companies in the same industry.
In the last couple of years the Operating Margin of NN has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.44% | ||
| PM (TTM) | 9.26% | ||
| GM | N/A |
OM growth 3Y-19.44%
OM growth 5Y-10.55%
PM growth 3Y1.96%
PM growth 5Y8.52%
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), NN is destroying value.
NN has less shares outstanding than it did 1 year ago.
NN has less shares outstanding than it did 5 years ago.
NN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.11, we must say that NN is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 0.11, NN is doing good in the industry, outperforming 77.42% of the companies in the same industry.
NN has a Debt/Equity ratio of 0.58. This is a neutral value indicating NN is somewhat dependend on debt financing.
The Debt to Equity ratio of NN (0.58) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.11 |
ROIC/WACC0.04
WACC6.13%
2.3 Liquidity
A Current Ratio of 1.87 indicates that NN should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.87, NN belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
NN has a Quick Ratio of 1.87. This is a normal value and indicates that NN is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.87, NN belongs to the best of the industry, outperforming 93.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 176.75% over the past year.
Measured over the past 5 years, NN shows a small growth in Earnings Per Share. The EPS has been growing by 5.10% on average per year.
The Revenue has grown by 18.39% in the past year. This is quite good.
Measured over the past years, NN shows a decrease in Revenue. The Revenue has been decreasing by -6.79% on average per year.
EPS 1Y (TTM)176.75%
EPS 3Y-11.66%
EPS 5Y5.1%
EPS Q2Q%9.92%
Revenue 1Y (TTM)18.39%
Revenue growth 3Y-16.93%
Revenue growth 5Y-6.79%
Sales Q2Q%3.98%
3.2 Future
The Earnings Per Share is expected to grow by 10.82% on average over the next years. This is quite good.
Based on estimates for the next years, NN will show a small growth in Revenue. The Revenue will grow by 0.25% on average per year.
EPS Next Y19.47%
EPS Next 2Y12.74%
EPS Next 3Y10.24%
EPS Next 5Y10.82%
Revenue Next Year-1.76%
Revenue Next 2Y-0.17%
Revenue Next 3Y0.64%
Revenue Next 5Y0.25%
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
The Price/Earnings ratio is 9.76, which indicates a very decent valuation of NN.
67.74% of the companies in the same industry are more expensive than NN, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of NN to the average of the S&P500 Index (27.73), we can say NN is valued rather cheaply.
The Price/Forward Earnings ratio is 5.90, which indicates a rather cheap valuation of NN.
Based on the Price/Forward Earnings ratio, NN is valued cheaper than 90.32% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.83. NN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.76 | ||
| Fwd PE | 5.9 |
4.2 Price Multiples
NN's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.62 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.5
PEG (5Y)1.92
EPS Next 2Y12.74%
EPS Next 3Y10.24%
5. Dividend
5.1 Amount
NN has a Yearly Dividend Yield of 7.90%, which is a nice return.
Compared to an average industry Dividend Yield of 5.11, NN pays a better dividend. On top of this NN pays more dividend than 90.32% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.24, NN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.9% |
5.2 History
The dividend of NN has a limited annual growth rate of 4.13%.
Dividend Growth(5Y)4.13%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
43.43% of the earnings are spent on dividend by NN. This is a bit on the high side, but may be sustainable.
NN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP43.43%
EPS Next 2Y12.74%
EPS Next 3Y10.24%
NN GROUP NV
AMS:NN (12/20/2024, 7:00:00 PM)
41.38
-0.1 (-0.24%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners48.45%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap11.79B
Analysts80
Price Target52.86 (27.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.9% |
Dividend Growth(5Y)4.13%
DP43.43%
Div Incr Years6
Div Non Decr Years6
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)1.79%
PT rev (3m)2.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.01%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.76 | ||
| Fwd PE | 5.9 | ||
| P/S | 0.94 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.56 | ||
| P/tB | 0.59 | ||
| EV/EBITDA | 20.62 |
EPS(TTM)4.24
EY10.25%
EPS(NY)7.01
Fwd EY16.95%
FCF(TTM)-1.46
FCFYN/A
OCF(TTM)-1.31
OCFYN/A
SpS44.14
BVpS74.13
TBVpS69.73
PEG (NY)0.5
PEG (5Y)1.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 5.51% | ||
| ROCE | 0.34% | ||
| ROIC | 0.27% | ||
| ROICexc | 0.28% | ||
| ROICexgc | 0.36% | ||
| OM | 5.44% | ||
| PM (TTM) | 9.26% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)0.86%
ROA(5y)0.81%
ROE(3y)7.37%
ROE(5y)6.55%
ROIC(3y)0.43%
ROIC(5y)0.62%
ROICexc(3y)0.44%
ROICexc(5y)0.64%
ROICexgc(3y)0.56%
ROICexgc(5y)0.83%
ROCE(3y)0.53%
ROCE(5y)0.77%
ROICexcg growth 3Y-28.33%
ROICexcg growth 5Y-14.58%
ROICexc growth 3Y-28.38%
ROICexc growth 5Y-15.42%
OM growth 3Y-19.44%
OM growth 5Y-10.55%
PM growth 3Y1.96%
PM growth 5Y8.52%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 14.61 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.63 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.87 | ||
| Altman-Z | 0.11 |
F-Score6
WACC6.13%
ROIC/WACC0.04
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)176.75%
EPS 3Y-11.66%
EPS 5Y5.1%
EPS Q2Q%9.92%
EPS Next Y19.47%
EPS Next 2Y12.74%
EPS Next 3Y10.24%
EPS Next 5Y10.82%
Revenue 1Y (TTM)18.39%
Revenue growth 3Y-16.93%
Revenue growth 5Y-6.79%
Sales Q2Q%3.98%
Revenue Next Year-1.76%
Revenue Next 2Y-0.17%
Revenue Next 3Y0.64%
Revenue Next 5Y0.25%
EBIT growth 1Y564.08%
EBIT growth 3Y-33.08%
EBIT growth 5Y-16.63%
EBIT Next Year-1.69%
EBIT Next 3Y-0.37%
EBIT Next 5YN/A
FCF growth 1Y94.88%
FCF growth 3Y-79.26%
FCF growth 5YN/A
OCF growth 1Y95.38%
OCF growth 3Y-79.31%
OCF growth 5YN/A