NN GROUP NV (2NN.DE) Stock Fundamental Analysis
FRA:2NN - Deutsche Boerse Ag - NL0010773842 - Common Stock - Currency: EUR
Taking everything into account, 2NN scores 5 out of 10 in our fundamental rating. 2NN was compared to 37 industry peers in the Insurance industry. 2NN has an average financial health and profitability rating. 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
In the past year 2NN was profitable.
In the past year 2NN has reported a negative cash flow from operations.
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 has a worse Return On Assets (0.72%) than 62.16% of its industry peers.
2NN has a Return On Equity of 7.03%. This is amonst the worse of the industry: 2NN underperforms 81.08% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.49%, 2NN is doing worse than 67.57% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for 2NN is in line with the industry average of 2.19%.
The last Return On Invested Capital (0.49%) for 2NN is above the 3 year average (0.31%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 12.26%, 2NN is in the better half of the industry, outperforming 72.97% 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 10.19%, 2NN perfoms like the industry average, outperforming 43.24% of the companies in the same industry.
2NN's Operating Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 2NN is destroying value.
The number of shares outstanding for 2NN has been reduced compared to 1 year ago.
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
2NN has an Altman-Z score of 0.12. This is a bad value and indicates that 2NN is not financially healthy and even has some risk of bankruptcy.
2NN has a better Altman-Z score (0.12) than 75.68% of its industry peers.
2NN has a Debt/Equity ratio of 0.55. This is a neutral value indicating 2NN is somewhat dependend on debt financing.
The Debt to Equity ratio of 2NN (0.55) is better than 72.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.12 |
ROIC/WACC0.06
WACC8.16%
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 94.59% of the companies in the same industry.
A Quick Ratio of 1.05 indicates that 2NN should not have too much problems paying its short term obligations.
2NN has a better Quick ratio (1.05) than 94.59% of its industry peers.
| 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.
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 0.12% 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)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 8.24% 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 2.13% yearly.
EPS Next Y9.69%
EPS Next 2Y7.51%
EPS Next 3Y7.54%
EPS Next 5Y8.24%
Revenue Next Year2.43%
Revenue Next 2Y3.03%
Revenue Next 3Y3.29%
Revenue Next 5Y2.13%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
2NN is valuated reasonably with a Price/Earnings ratio of 10.96.
81.08% of the companies in the same industry are more expensive than 2NN, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.76, 2NN is valued rather cheaply.
The Price/Forward Earnings ratio is 8.67, which indicates a very decent valuation of 2NN.
2NN's Price/Forward Earnings ratio is rather cheap when compared to the industry. 2NN is cheaper than 94.59% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of 2NN to the average of the S&P500 Index (34.91), we can say 2NN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.96 | ||
| Fwd PE | 8.67 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 2NN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.99 |
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)1.13
PEG (5Y)N/A
EPS Next 2Y7.51%
EPS Next 3Y7.54%
5. Dividend
5.1 Amount
2NN has a Yearly Dividend Yield of 5.85%, which is a nice return.
Compared to an average industry Dividend Yield of 4.34, 2NN pays a better dividend. On top of this 2NN pays more dividend than 83.78% 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 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
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
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 (8/21/2025, 7:00:00 PM)
61.26
+0.22 (+0.36%)
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 Cap16.48B
Analysts75.83
Price Target60.42 (-1.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
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)5.28%
PT rev (3m)14.24%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.96 | ||
| Fwd PE | 8.67 | ||
| P/S | 1.33 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.76 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 14.99 |
EPS(TTM)5.59
EY9.13%
EPS(NY)7.07
Fwd EY11.54%
FCF(TTM)-1.77
FCFYN/A
OCF(TTM)-1.49
OCFYN/A
SpS45.99
BVpS80.17
TBVpS75.61
PEG (NY)1.13
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
WACC8.16%
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 5Y8.24%
Revenue 1Y (TTM)0.12%
Revenue growth 3Y-19.29%
Revenue growth 5Y-12.53%
Sales Q2Q%-3.11%
Revenue Next Year2.43%
Revenue Next 2Y3.03%
Revenue Next 3Y3.29%
Revenue Next 5Y2.13%
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