NN GROUP NV (NN.AS) Fundamental Analysis & Valuation

AMS:NN • NL0010773842

Current stock price

73.94 EUR
+0.18 (+0.24%)
Last:

This NN.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. NN.AS Profitability Analysis

1.1 Basic Checks

  • In the past year NN was profitable.
  • In the past year NN has reported a negative cash flow from operations.
  • In the past 5 years NN has always been profitable.
  • In the past 5 years NN reported 4 times negative operating cash flow.
NN.AS Yearly Net Income VS EBIT VS OCF VS FCFNN.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B

1.2 Ratios

  • NN has a Return On Assets of 0.54%. This is in the lower half of the industry: NN underperforms 68.89% of its industry peers.
  • NN has a Return On Equity of 5.25%. This is amonst the worse of the industry: NN underperforms 80.00% of its industry peers.
  • NN has a Return On Invested Capital of 0.39%. This is in the lower half of the industry: NN underperforms 62.22% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for NN is below the industry average of 3.90%.
Industry RankSector Rank
ROA 0.54%
ROE 5.25%
ROIC 0.39%
ROA(3y)0.6%
ROA(5y)0.77%
ROE(3y)5.87%
ROE(5y)6.88%
ROIC(3y)0.43%
ROIC(5y)0.44%
NN.AS Yearly ROA, ROE, ROICNN.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8

1.3 Margins

  • NN's Profit Margin of 8.58% is on the low side compared to the rest of the industry. NN is outperformed by 62.22% of its industry peers.
  • NN's Profit Margin has been stable in the last couple of years.
  • NN has a Operating Margin of 7.58%. This is in the lower half of the industry: NN underperforms 73.33% of its industry peers.
  • In the last couple of years the Operating Margin of NN has declined.
Industry RankSector Rank
OM 7.58%
PM (TTM) 8.58%
GM N/A
OM growth 3Y77.28%
OM growth 5Y-12.52%
PM growth 3Y-15.64%
PM growth 5Y0.04%
GM growth 3YN/A
GM growth 5YN/A
NN.AS Yearly Profit, Operating, Gross MarginsNN.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. NN.AS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NN is destroying value.
  • Compared to 1 year ago, NN has less shares outstanding
  • Compared to 5 years ago, NN has less shares outstanding
  • The debt/assets ratio for NN is higher compared to a year ago.
NN.AS Yearly Shares OutstandingNN.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
NN.AS Yearly Total Debt VS Total AssetsNN.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B 250B

2.2 Solvency

  • Based on the Altman-Z score of 0.15, we must say that NN is in the distress zone and has some risk of bankruptcy.
  • NN has a better Altman-Z score (0.15) than 75.56% of its industry peers.
  • A Debt/Equity ratio of 0.65 indicates that NN is somewhat dependend on debt financing.
  • The Debt to Equity ratio of NN (0.65) is worse than 62.22% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF N/A
Altman-Z 0.15
ROIC/WACC0.05
WACC8.15%
NN.AS Yearly LT Debt VS Equity VS FCFNN.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B

2.3 Liquidity

  • NN has a Current Ratio of 3.04. This indicates that NN is financially healthy and has no problem in meeting its short term obligations.
  • NN has a Current ratio of 3.04. This is amongst the best in the industry. NN outperforms 91.11% of its industry peers.
  • A Quick Ratio of 3.04 indicates that NN has no problem at all paying its short term obligations.
  • NN has a better Quick ratio (3.04) than 91.11% of its industry peers.
Industry RankSector Rank
Current Ratio 3.04
Quick Ratio 3.04
NN.AS Yearly Current Assets VS Current LiabilitesNN.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. NN.AS Growth Analysis

3.1 Past

  • The earnings per share for NN have decreased strongly by -25.20% in the last year.
  • NN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.58% yearly.
  • The Revenue has been growing slightly by 4.24% in the past year.
  • The Revenue has been decreasing by -9.76% on average over the past years.
EPS 1Y (TTM)-25.2%
EPS 3Y-7.79%
EPS 5Y-6.58%
EPS Q2Q%-15.28%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y5.34%
Revenue growth 5Y-9.76%
Sales Q2Q%2.17%

3.2 Future

  • The Earnings Per Share is expected to grow by 7.77% on average over the next years.
  • The Revenue is expected to grow by 6.28% on average over the next years.
EPS Next Y34.25%
EPS Next 2Y18.77%
EPS Next 3Y14.06%
EPS Next 5Y7.77%
Revenue Next Year2.7%
Revenue Next 2Y3.34%
Revenue Next 3Y-7.96%
Revenue Next 5Y6.28%

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.
NN.AS Yearly Revenue VS EstimatesNN.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
NN.AS Yearly EPS VS EstimatesNN.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2 4 6 8

More info and screens

Find the best growth stocksShow best growing peers

4

4. NN.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • NN is valuated rather expensively with a Price/Earnings ratio of 17.69.
  • Compared to the rest of the industry, the Price/Earnings ratio of NN indicates a slightly more expensive valuation: NN is more expensive than 73.33% of the companies listed in the same industry.
  • NN is valuated rather cheaply when we compare the Price/Earnings ratio to 27.71, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 8.90, which indicates a very decent valuation of NN.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NN indicates a rather cheap valuation: NN is cheaper than 86.67% of the companies listed in the same industry.
  • NN is valuated cheaply when we compare the Price/Forward Earnings ratio to 38.09, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 17.69
Fwd PE 8.9
NN.AS Price Earnings VS Forward Price EarningsNN.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • NN's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 23.91
NN.AS Per share dataNN.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80

4.3 Compensation for Growth

  • NN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as NN's earnings are expected to grow with 14.06% in the coming years.
PEG (NY)0.52
PEG (5Y)N/A
EPS Next 2Y18.77%
EPS Next 3Y14.06%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. NN.AS Dividend Analysis

5.1 Amount

  • NN has a Yearly Dividend Yield of 5.32%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.89, NN pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.81, NN pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.32%

5.2 History

  • On average, the dividend of NN grows each year by 23.47%, which is quite nice.
Dividend Growth(5Y)23.47%
Div Incr Years7
Div Non Decr Years7
NN.AS Yearly Dividends per shareNN.AS Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 84.90% of the earnings are spent on dividend by NN. This is not a sustainable payout ratio.
  • NN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP84.9%
EPS Next 2Y18.77%
EPS Next 3Y14.06%
NN.AS Yearly Income VS Free CF VS DividendNN.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B
NN.AS Dividend Payout.NN.AS Dividend Payout, showing the Payout Ratio.NN.AS Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

NN.AS Fundamentals: All Metrics, Ratios and Statistics

NN GROUP NV

AMS:NN (4/22/2026, 10:14:09 AM)

73.94

+0.18 (+0.24%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)02-12
Earnings (Next)08-06
Inst Owners60.78%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap19.45B
Revenue(TTM)12.90B
Net Income(TTM)1.11B
Analysts78.4
Price Target72.39 (-2.1%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.32%
Yearly Dividend3.55
Dividend Growth(5Y)23.47%
DP84.9%
Div Incr Years7
Div Non Decr Years7
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)1.35%
PT rev (3m)6.76%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.73%
EPS NY rev (3m)3.02%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.83%
Valuation
Industry RankSector Rank
PE 17.69
Fwd PE 8.9
P/S 1.51
P/FCF N/A
P/OCF N/A
P/B 0.92
P/tB 0.98
EV/EBITDA 23.91
EPS(TTM)4.18
EY5.65%
EPS(NY)8.3
Fwd EY11.23%
FCF(TTM)-8.92
FCFYN/A
OCF(TTM)-8.92
OCFYN/A
SpS49.03
BVpS80.08
TBVpS75.56
PEG (NY)0.52
PEG (5Y)N/A
Graham Number86.7863 (17.37%)
Profitability
Industry RankSector Rank
ROA 0.54%
ROE 5.25%
ROCE 0.48%
ROIC 0.39%
ROICexc 0.4%
ROICexgc 0.54%
OM 7.58%
PM (TTM) 8.58%
GM N/A
FCFM N/A
ROA(3y)0.6%
ROA(5y)0.77%
ROE(3y)5.87%
ROE(5y)6.88%
ROIC(3y)0.43%
ROIC(5y)0.44%
ROICexc(3y)0.44%
ROICexc(5y)0.45%
ROICexgc(3y)0.59%
ROICexgc(5y)0.59%
ROCE(3y)0.53%
ROCE(5y)0.54%
ROICexgc growth 3Y90.15%
ROICexgc growth 5Y-16.9%
ROICexc growth 3Y85.84%
ROICexc growth 5Y-17.67%
OM growth 3Y77.28%
OM growth 5Y-12.52%
PM growth 3Y-15.64%
PM growth 5Y0.04%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 0.65
Debt/FCF N/A
Debt/EBITDA 12.27
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 0.73
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.04
Quick Ratio 3.04
Altman-Z 0.15
F-Score4
WACC8.15%
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)-25.2%
EPS 3Y-7.79%
EPS 5Y-6.58%
EPS Q2Q%-15.28%
EPS Next Y34.25%
EPS Next 2Y18.77%
EPS Next 3Y14.06%
EPS Next 5Y7.77%
Revenue 1Y (TTM)4.24%
Revenue growth 3Y5.34%
Revenue growth 5Y-9.76%
Sales Q2Q%2.17%
Revenue Next Year2.7%
Revenue Next 2Y3.34%
Revenue Next 3Y-7.96%
Revenue Next 5Y6.28%
EBIT growth 1Y-22.52%
EBIT growth 3Y86.75%
EBIT growth 5Y-21.06%
EBIT Next Year13.12%
EBIT Next 3Y5.45%
EBIT Next 5YN/A
FCF growth 1Y-393.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-485.04%
OCF growth 3YN/A
OCF growth 5YN/A

NN GROUP NV / NN.AS Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for NN GROUP NV?

ChartMill assigns a fundamental rating of 3 / 10 to NN.AS.


Can you provide the valuation status for NN GROUP NV?

ChartMill assigns a valuation rating of 4 / 10 to NN GROUP NV (NN.AS). This can be considered as Fairly Valued.


How profitable is NN GROUP NV (NN.AS) stock?

NN GROUP NV (NN.AS) has a profitability rating of 1 / 10.


What are the PE and PB ratios of NN GROUP NV (NN.AS) stock?

The Price/Earnings (PE) ratio for NN GROUP NV (NN.AS) is 17.69 and the Price/Book (PB) ratio is 0.92.


Can you provide the dividend sustainability for NN stock?

The dividend rating of NN GROUP NV (NN.AS) is 6 / 10 and the dividend payout ratio is 84.9%.