Financials NN Group N.V.

Equities

NN

NL0010773842

Life & Health Insurance

Market Closed - Euronext Amsterdam 11:38:53 2024-07-12 am EDT After market 03:59:36 pm
44.87 EUR -0.42% Intraday chart for NN Group N.V. 44.72 -0.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,210 11,735 14,709 11,257 9,791 12,344 - -
Enterprise Value (EV) 1 16,789 10,972 19,729 19,733 15,451 20,869 20,951 21,001
P/E ratio 5.88 x 6.05 x 4.57 x 7.5 x 8.85 x 7.01 x 6.64 x 6.36 x
Yield 6.39% 10.5% 5.23% 7.31% 8.95% 7.56% 8.01% 8.84%
Capitalization / Revenue 0.77 x 0.85 x 1.03 x 0.83 x 0.74 x 0.92 x 0.91 x 0.89 x
EV / Revenue 1.16 x 0.79 x 1.38 x 1.45 x 1.17 x 1.55 x 1.54 x 1.52 x
EV / EBITDA - 5.36 x - - - 8.55 x 8.52 x -
EV / FCF 14.1 x 10.3 x -7.47 x -2.37 x - 12.1 x 11.6 x 11.4 x
FCF Yield 7.07% 9.75% -13.4% -42.2% - 8.29% 8.6% 8.81%
Price to Book 0.35 x 0.29 x 0.42 x 0.6 x - 0.61 x 0.58 x 0.56 x
Nbr of stocks (in thousands) 331,455 330,278 308,945 295,000 273,862 273,943 - -
Reference price 2 33.82 35.53 47.61 38.16 35.75 45.06 45.06 45.06
Announcement Date 2/13/20 2/18/21 2/17/22 2/16/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 14,508 13,822 14,312 13,641 13,187 13,487 13,631 13,842
EBITDA 1 - 2,046 - - - 2,442 2,459 -
EBIT 1 1,794 1,889 2,036 1,667 2,528 2,520 2,556 2,675
Operating Margin 12.37% 13.67% 14.23% 12.22% 19.17% 18.68% 18.75% 19.32%
Earnings before Tax (EBT) 1 2,429 2,349 4,010 1,661 1,532 2,179 2,258 2,355
Net income 1 1,962 1,904 3,278 1,562 1,172 1,715 1,771 1,827
Net margin 13.52% 13.78% 22.9% 11.45% 8.89% 12.72% 12.99% 13.2%
EPS 2 5.750 5.870 10.41 5.090 4.040 6.426 6.786 7.087
Free Cash Flow 1 1,187 1,070 -2,641 -8,318 - 1,730 1,802 1,850
FCF margin 8.18% 7.74% -18.45% -60.98% - 12.83% 13.22% 13.36%
FCF Conversion (EBITDA) - 52.3% - - - 70.86% 73.27% -
FCF Conversion (Net income) 60.5% 56.2% - - - 100.91% 101.71% 101.24%
Dividend per Share 2 2.160 3.730 2.490 2.790 3.200 3.408 3.609 3.984
Announcement Date 2/13/20 2/18/21 2/17/22 2/16/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales - 7,751 6,071 8,070 - - 6,242 - - 7,636 6,006 - - - -
EBITDA - - - - - - - - - - - - - - -
EBIT - 926 963 1,119 - - 917 - - 983 760 - 1,128 - -
Operating Margin - 11.95% 15.86% 13.87% - - 14.69% - - 12.87% 12.65% - - - -
Earnings before Tax (EBT) - 846 1,502 1,780 1,114 1,114 2,230 - - - -587 - 774 - -
Net income - 587 1,317 1,414 - - 1,864 - - - -444 - 586 926 913
Net margin - 7.57% 21.69% 17.52% - - 29.86% - - - -7.39% - - - -
EPS - 1.760 4.110 4.470 - - 5.940 - - 6.510 -1.420 2.000 2.040 - -
Dividend per Share 1 1.400 0.8600 1.470 0.9300 0.7800 0.7800 1.560 0.5000 0.5000 1.000 1.790 - 2.080 1.360 2.340
Announcement Date 2/13/20 8/6/20 2/18/21 8/12/21 11/17/21 2/17/22 2/17/22 5/11/22 8/11/22 8/11/22 2/16/23 8/29/23 2/29/24 - -
1EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,579 - 5,020 8,476 5,660 8,525 8,607 8,657
Net Cash position 1 - 763 - - - - - -
Leverage (Debt/EBITDA) - - - - - 3.491 x 3.501 x -
Free Cash Flow 1 1,187 1,070 -2,641 -8,318 - 1,731 1,802 1,850
ROE (net income / shareholders' equity) 9% 5.36% 8.96% 5.96% 5.57% 8.67% 8.59% 8.4%
ROA (Net income/ Total Assets) 0.83% 0.74% 0.78% 0.67% 0.56% 0.8% 0.81% 0.82%
Assets 1 236,414 256,155 419,880 234,359 207,986 215,580 219,607 223,945
Book Value Per Share 2 95.60 124.0 114.0 63.10 - 73.40 77.70 80.80
Cash Flow per Share - 22.30 -8.390 - - - - -
Capex 1 - 51 - 136 - 105 - -
Capex / Sales - 0.37% - 1% - 0.78% - -
Announcement Date 2/13/20 2/18/21 2/17/22 2/16/23 2/29/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
45.06 EUR
Average target price
51.21 EUR
Spread / Average Target
+13.65%
Consensus
  1. Stock Market
  2. Equities
  3. NN Stock
  4. Financials NN Group N.V.