NN GROUP NV (2NN.DE) Stock Fundamental Analysis
Europe - FRA:2NN - NL0010773842 - Common Stock
59.42 EUR
-0.2 (-0.34%)
We assign a fundamental rating of 5 out of 10 to 2NN. 2NN was compared to 39 industry peers in the Insurance industry. 2NN has an average financial health and profitability rating. 2NN has a correct valuation and a medium growth rate. 2NN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
2NN had positive earnings in the past year.
2NN had a positive operating cash flow in the past year.
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
2NN has a worse Return On Assets (0.61%) than 79.07% of its industry peers.
The Return On Equity of 2NN (5.84%) is worse than 88.37% of its industry peers.
2NN's Return On Invested Capital of 0.43% is on the low side compared to the rest of the industry. 2NN is outperformed by 67.44% of its industry peers.
2NN had an Average Return On Invested Capital over the past 3 years of 0.31%. This is in line with the industry average of 2.26%.
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 better Profit Margin (9.91%) than 62.79% of its industry peers.
In the last couple of years the Profit Margin of 2NN has grown nicely.
2NN has a Operating Margin of 8.71%. This is in the lower half of the industry: 2NN underperforms 65.12% of its industry peers.
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
2NN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, 2NN has less shares outstanding
2NN has less shares outstanding than it did 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 0.13, we must say that 2NN is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 0.13, 2NN belongs to the best of the industry, outperforming 81.40% of the companies in the same industry.
2NN has a debt to FCF ratio of 70.44. This is a negative value and a sign of low solvency as 2NN would need 70.44 years to pay back of all of its debts.
With a Debt to FCF ratio value of 70.44, 2NN is not doing good in the industry: 81.40% 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.
Looking at the Debt to Equity ratio, with a value of 0.62, 2NN is in the better half of the industry, outperforming 60.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 70.44 | ||
| Altman-Z | 0.13 |
ROIC/WACC0.05
WACC8.06%
2.3 Liquidity
A Current Ratio of 2.16 indicates that 2NN has no problem at all paying its short term obligations.
2NN's Current ratio of 2.16 is amongst the best of the industry. 2NN outperforms 93.02% of its industry peers.
A Quick Ratio of 2.16 indicates that 2NN has no problem at all paying its short term obligations.
2NN has a better Quick ratio (2.16) than 93.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 2.16 |
3. Growth
3.1 Past
2NN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.80%, which is quite good.
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 1.39% in the last 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)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 6.66% 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 2.19% yearly.
EPS Next Y2.28%
EPS Next 2Y11.04%
EPS Next 3Y8.98%
EPS Next 5Y6.66%
Revenue Next Year0.22%
Revenue Next 2Y1.88%
Revenue Next 3Y2.5%
Revenue Next 5Y2.19%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 12.64, which 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 62.79% of the companies listed in the same industry.
2NN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.11.
The Price/Forward Earnings ratio is 7.48, which indicates a rather cheap valuation of 2NN.
90.70% 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 22.55. 2NN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.64 | ||
| Fwd PE | 7.48 |
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.
Based on the Price/Free Cash Flow ratio, 2NN is valued a bit more expensive than the industry average as 79.07% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 84.57 | ||
| EV/EBITDA | 17.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 2NN does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.55
PEG (5Y)N/A
EPS Next 2Y11.04%
EPS Next 3Y8.98%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.90%, 2NN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.51, 2NN pays a better dividend. On top of this 2NN pays more dividend than 88.37% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, 2NN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.9% |
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 2Y11.04%
EPS Next 3Y8.98%
FRA:2NN (10/31/2025, 7:00:00 PM)
59.42
-0.2 (-0.34%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners57.87%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap15.98B
Revenue(TTM)12.76B
Net Income(TTM)1.26B
Analysts75.83
Price Target64.28 (8.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.9% |
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)1.27%
PT rev (3m)6.5%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-6.75%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.64 | ||
| Fwd PE | 7.48 | ||
| P/S | 1.25 | ||
| P/FCF | 84.57 | ||
| P/OCF | 64.19 | ||
| P/B | 0.74 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 17.08 |
EPS(TTM)4.7
EY7.91%
EPS(NY)7.95
Fwd EY13.38%
FCF(TTM)0.7
FCFY1.18%
OCF(TTM)0.93
OCFY1.56%
SpS47.42
BVpS80.46
TBVpS75.96
PEG (NY)5.55
PEG (5Y)N/A
Graham Number92.25
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
WACC8.06%
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 Y2.28%
EPS Next 2Y11.04%
EPS Next 3Y8.98%
EPS Next 5Y6.66%
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 5Y2.19%
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 12.64 and the Price/Book (PB) ratio is 0.74.
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%.