NN GROUP NV (2NN.DE) Stock Fundamental Analysis
FRA:2NN - Deutsche Boerse Ag - NL0010773842 - Common Stock - Currency: EUR
2NN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 32 industry peers in the Insurance industry. 2NN has an average financial health and profitability rating. 2NN has a decent growth rate and is not valued too expensively. 2NN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year 2NN was profitable.
2NN had a negative operating cash flow in the past year.
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
With a Return On Assets value of 0.72%, 2NN perfoms like the industry average, outperforming 40.63% of the companies in the same industry.
The Return On Equity of 2NN (7.03%) is worse than 71.88% of its industry peers.
2NN has a Return On Invested Capital of 0.49%. This is in the lower half of the industry: 2NN underperforms 75.00% 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 2.19%.
The 3 year average ROIC (0.31%) for 2NN is below the current ROIC(0.49%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 7.03% | ||
| ROIC | 0.49% |
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 better Profit Margin (12.26%) than 71.88% of its industry peers.
2NN's Profit Margin has improved in the last couple of years.
2NN has a Operating Margin (10.19%) which is in line with 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 | 10.19% | ||
| PM (TTM) | 12.26% | ||
| 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.
2NN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for 2NN has been reduced compared to 5 years ago.
Compared to 1 year ago, 2NN has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.12, we must say that 2NN is in the distress zone and has some risk of bankruptcy.
2NN's Altman-Z score of 0.12 is fine compared to the rest of the industry. 2NN outperforms 68.75% of its industry peers.
A Debt/Equity ratio of 0.55 indicates that 2NN is somewhat dependend on debt financing.
The Debt to Equity ratio of 2NN (0.55) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.12 |
ROIC/WACC0.06
WACC8.65%
2.3 Liquidity
2NN has a Current Ratio of 1.05. This is a normal value and indicates that 2NN is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.05, 2NN belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
2NN has a Quick Ratio of 1.05. This is a normal value and indicates that 2NN is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.05, 2NN belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
2NN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.30%, which is quite impressive.
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.
Looking at the last year, 2NN shows a small growth in Revenue. The Revenue has grown by 0.12% in the last year.
The Revenue for 2NN have been decreasing by -12.53% on average. This is quite bad
EPS 1Y (TTM)38.3%
EPS 3Y-18.75%
EPS 5Y-0.6%
EPS Q2Q%66.24%
Revenue 1Y (TTM)0.12%
Revenue growth 3Y-19.29%
Revenue growth 5Y-12.53%
Sales Q2Q%-3.11%
3.2 Future
The Earnings Per Share is expected to grow by 7.28% on average over the next years.
2NN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.59% yearly.
EPS Next Y9.69%
EPS Next 2Y7.51%
EPS Next 3Y7.54%
EPS Next 5Y7.28%
Revenue Next Year3.16%
Revenue Next 2Y2.92%
Revenue Next 3Y-13.13%
Revenue Next 5Y5.59%
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 9.82, which indicates a very decent valuation of 2NN.
Based on the Price/Earnings ratio, 2NN is valued cheaper than 84.38% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.12, 2NN is valued rather cheaply.
2NN is valuated cheaply with a Price/Forward Earnings ratio of 7.77.
93.75% of the companies in the same industry are more expensive than 2NN, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 20.42. 2NN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.82 | ||
| Fwd PE | 7.77 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 2NN.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.76 |
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)1.01
PEG (5Y)N/A
EPS Next 2Y7.51%
EPS Next 3Y7.54%
5. Dividend
5.1 Amount
2NN has a Yearly Dividend Yield of 6.38%, which is a nice return.
Compared to an average industry Dividend Yield of 4.68, 2NN pays a better dividend. On top of this 2NN pays more dividend than 81.25% of the companies listed in the same industry.
2NN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
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
45.68% of the earnings are spent on dividend by 2NN. This is a bit on the high side, but may be sustainable.
2NN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.68%
EPS Next 2Y7.51%
EPS Next 3Y7.54%
FRA:2NN (5/8/2025, 7:00:00 PM)
54.92
+0.36 (+0.66%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners54.82%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap14.77B
Analysts73.6
Price Target52.15 (-5.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
Yearly Dividend2.56
Dividend Growth(5Y)15.91%
DP45.68%
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)1.17%
PT rev (3m)1.42%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.79%
EPS NY rev (3m)2.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.51%
Revenue NY rev (3m)1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.82 | ||
| Fwd PE | 7.77 | ||
| P/S | 1.19 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.69 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | 13.76 |
EPS(TTM)5.59
EY10.18%
EPS(NY)7.07
Fwd EY12.87%
FCF(TTM)-1.77
FCFYN/A
OCF(TTM)-1.49
OCFYN/A
SpS45.99
BVpS80.17
TBVpS75.61
PEG (NY)1.01
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 7.03% | ||
| ROCE | 0.61% | ||
| ROIC | 0.49% | ||
| ROICexc | 0.5% | ||
| ROICexgc | 0.67% | ||
| OM | 10.19% | ||
| PM (TTM) | 12.26% | ||
| GM | N/A | ||
| FCFM | N/A |
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-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.29 | ||
| Cap/Depr | 47.13% | ||
| Cap/Sales | 0.6% | ||
| Interest Coverage | 0.93 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 0.12 |
F-Score5
WACC8.65%
ROIC/WACC0.06
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)38.3%
EPS 3Y-18.75%
EPS 5Y-0.6%
EPS Q2Q%66.24%
EPS Next Y9.69%
EPS Next 2Y7.51%
EPS Next 3Y7.54%
EPS Next 5Y7.28%
Revenue 1Y (TTM)0.12%
Revenue growth 3Y-19.29%
Revenue growth 5Y-12.53%
Sales Q2Q%-3.11%
Revenue Next Year3.16%
Revenue Next 2Y2.92%
Revenue Next 3Y-13.13%
Revenue Next 5Y5.59%
EBIT growth 1Y32.04%
EBIT growth 3Y-20.73%
EBIT growth 5Y-11.93%
EBIT Next Year9.08%
EBIT Next 3Y4.46%
EBIT Next 5YN/A
FCF growth 1Y-866.13%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-746.77%
OCF growth 3YN/A
OCF growth 5YN/A