NN GROUP NV (2NN.DE) Stock Fundamental Analysis
Europe - FRA:2NN - NL0010773842 - Common Stock
59.26 EUR
+0.36 (+0.61%)
Taking everything into account, 2NN scores 5 out of 10 in our fundamental rating. 2NN was compared to 38 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 has a correct valuation and a medium growth rate. Finally 2NN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year 2NN was profitable.
2NN had a positive operating cash flow in the past year.
2NN had positive earnings in each of the past 5 years.
In multiple years 2NN reported negative operating cash flow during the last 5 years.
1.2 Ratios
2NN has a Return On Assets of 0.61%. This is in the lower half of the industry: 2NN underperforms 78.95% of its industry peers.
2NN has a worse Return On Equity (5.84%) than 86.84% of its industry peers.
With a Return On Invested Capital value of 0.43%, 2NN is not doing good in the industry: 71.05% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for 2NN is in line with the industry average of 2.28%.
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
Looking at the Profit Margin, with a value of 9.91%, 2NN is in the better half of the industry, outperforming 63.16% of the companies in the same industry.
In the last couple of years the Profit Margin of 2NN has grown nicely.
With a Operating Margin value of 8.71%, 2NN is not doing good in the industry: 65.79% of the companies in the same industry are doing better.
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
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
2NN has less shares outstanding than it did 5 years ago.
The debt/assets ratio for 2NN has been reduced compared to a year ago.
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.
2NN has a Altman-Z score of 0.13. This is in the better half of the industry: 2NN outperforms 78.95% 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.
With a Debt to FCF ratio value of 70.44, 2NN is not doing good in the industry: 81.58% of the companies in the same industry are doing better.
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 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.
2NN's Current ratio of 2.16 is amongst the best of the industry. 2NN outperforms 92.11% of its industry peers.
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.
Looking at the Quick ratio, with a value of 2.16, 2NN belongs to the top of the industry, outperforming 92.11% of the companies in the same industry.
| 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 10.80% 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.
2NN shows a small growth in Revenue. In the last year, the Revenue has grown by 1.39%.
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.
2NN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.15% yearly.
EPS Next Y7.69%
EPS Next 2Y10.17%
EPS Next 3Y8.59%
EPS Next 5Y8.27%
Revenue Next Year2.43%
Revenue Next 2Y3.03%
Revenue Next 3Y3.29%
Revenue Next 5Y2.15%
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 12.61 indicates a correct valuation of 2NN.
Compared to the rest of the industry, the Price/Earnings ratio of 2NN indicates a somewhat cheap valuation: 2NN is cheaper than 63.16% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, 2NN is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.58, the valuation of 2NN can be described as very cheap.
Based on the Price/Forward Earnings ratio, 2NN is valued cheaper than 92.11% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.73. 2NN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.61 | ||
| Fwd PE | 7.58 |
4.2 Price Multiples
2NN's Enterprise Value to EBITDA ratio is in line with 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 76.32% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 84.34 | ||
| EV/EBITDA | 16.97 |
4.3 Compensation for Growth
2NN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.64
PEG (5Y)N/A
EPS Next 2Y10.17%
EPS Next 3Y8.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.10%, 2NN is a good candidate for dividend investing.
2NN's Dividend Yield is rather good when compared to the industry average which is at 4.48. 2NN pays more dividend than 86.84% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, 2NN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.1% |
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.
2NN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP73.42%
EPS Next 2Y10.17%
EPS Next 3Y8.59%
FRA:2NN (9/12/2025, 7:00:00 PM)
59.26
+0.36 (+0.61%)
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 Cap15.94B
Analysts75
Price Target62.45 (5.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.1% |
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)3.47%
PT rev (3m)18.07%
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)0%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.61 | ||
| Fwd PE | 7.58 | ||
| P/S | 1.25 | ||
| P/FCF | 84.34 | ||
| P/OCF | 64.02 | ||
| P/B | 0.74 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 16.97 |
EPS(TTM)4.7
EY7.93%
EPS(NY)7.82
Fwd EY13.2%
FCF(TTM)0.7
FCFY1.19%
OCF(TTM)0.93
OCFY1.56%
SpS47.42
BVpS80.46
TBVpS75.96
PEG (NY)1.64
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
WACC8.11%
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)10.8%
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 Year2.43%
Revenue Next 2Y3.03%
Revenue Next 3Y3.29%
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