View Future GrowthNN Group 과거 순이익 실적과거 기준 점검 1/6NN Group의 수입은 연평균 -18.9%의 비율로 감소해 온 반면, Insurance 산업은 수입이 연평균 11.5% 증가했습니다. 매출은 연평균 7%의 비율로 감소해 왔습니다. NN Group의 자기자본이익률은 5.7%이고 순이익률은 7.7%입니다.핵심 정보-18.90%순이익 성장률-14.59%주당순이익(EPS) 성장률Insurance 산업 성장률5.90%매출 성장률-7.02%자기자본이익률5.66%순이익률7.71%다음 순이익 업데이트06 Aug 2026최근 과거 실적 업데이트공시 • Nov 08+ 1 more updateNN Group N.V. to Report Fiscal Year 2025 Final Results on Mar 05, 2026NN Group N.V. announced that they will report fiscal year 2025 final results at 7:00 AM, Central European Standard Time on Mar 05, 2026공시 • Sep 03NN Group N.V. to Report Second Half, 2025 Results on Feb 12, 2026NN Group N.V. announced that they will report second half, 2025 results on Feb 12, 2026공시 • Sep 05NN Group N.V. to Report Fiscal Year 2024 Results on Mar 13, 2025NN Group N.V. announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 13, 2025Reported Earnings • Aug 18First half 2024 earnings released: EPS: €2.21 (vs €2.01 in 1H 2023)First half 2024 results: EPS: €2.21 (up from €2.01 in 1H 2023). Revenue: €6.79b (up 4.0% from 1H 2023). Net income: €603.0m (up 7.9% from 1H 2023). Profit margin: 8.9% (up from 8.6% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Aug 15+ 1 more updateNN Group N.V. to Report First Half, 2025 Results on Aug 08, 2025NN Group N.V. announced that they will report first half, 2025 results on Aug 08, 2025Reported Earnings • Mar 25Full year 2023 earnings released: EPS: €4.04 (vs €1.65 in FY 2022)Full year 2023 results: EPS: €4.04 (up from €1.65 in FY 2022). Revenue: €10.3b (up 21% from FY 2022). Net income: €1.12b (up 130% from FY 2022). Profit margin: 11% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Combined ratio: 92.6% (up from 92.3% in FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings.모든 업데이트 보기Recent updatesDeclared Dividend • May 20Final dividend increased to €2.50Dividend of €2.50 is 16% higher than last year. Ex-date: 25th May 2026 Payment date: 2nd June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.3% to bring the payout ratio under control. EPS is expected to grow by 66% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Upcoming Dividend • May 20Upcoming dividend of €2.50 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 02 June 2026. Payout ratio is on the higher end at 93% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.5%).공시 • Nov 08+ 1 more updateNN Group N.V. to Report Fiscal Year 2025 Final Results on Mar 05, 2026NN Group N.V. announced that they will report fiscal year 2025 final results at 7:00 AM, Central European Standard Time on Mar 05, 2026공시 • Sep 03NN Group N.V. to Report Second Half, 2025 Results on Feb 12, 2026NN Group N.V. announced that they will report second half, 2025 results on Feb 12, 2026공시 • Aug 09NN Group N.V., Annual General Meeting, May 21, 2026NN Group N.V., Annual General Meeting, May 21, 2026.공시 • Feb 21NN Group N.V., Annual General Meeting, May 15, 2025NN Group N.V., Annual General Meeting, May 15, 2025.공시 • Sep 05NN Group N.V. to Report Fiscal Year 2024 Results on Mar 13, 2025NN Group N.V. announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 13, 2025Reported Earnings • Aug 18First half 2024 earnings released: EPS: €2.21 (vs €2.01 in 1H 2023)First half 2024 results: EPS: €2.21 (up from €2.01 in 1H 2023). Revenue: €6.79b (up 4.0% from 1H 2023). Net income: €603.0m (up 7.9% from 1H 2023). Profit margin: 8.9% (up from 8.6% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Aug 15+ 1 more updateNN Group N.V. to Report First Half, 2025 Results on Aug 08, 2025NN Group N.V. announced that they will report first half, 2025 results on Aug 08, 2025Upcoming Dividend • May 21Upcoming dividend of €2.08 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 20 June 2024. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 7.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.2%).Declared Dividend • Apr 17Final dividend increased to €2.08Dividend of €2.08 is 16% higher than last year. Ex-date: 28th May 2024 Payment date: 20th June 2024 Dividend yield will be 7.5%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (dividend approximately 14x free cash flows). The dividend has increased by an average of 12% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 25Full year 2023 earnings released: EPS: €4.04 (vs €1.65 in FY 2022)Full year 2023 results: EPS: €4.04 (up from €1.65 in FY 2022). Revenue: €10.3b (up 21% from FY 2022). Net income: €1.12b (up 130% from FY 2022). Profit margin: 11% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Combined ratio: 92.6% (up from 92.3% in FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Feb 29NN Group N.V. to Report First Half, 2024 Results on Aug 15, 2024NN Group N.V. announced that they will report first half, 2024 results on Aug 15, 2024공시 • Nov 03NN Group N.V., Annual General Meeting, May 24, 2024NN Group N.V., Annual General Meeting, May 24, 2024, at 10:00 Central European Standard Time.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €29.82, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Insurance industry in Germany. Total returns to shareholders of 13% over the past three years.Reported Earnings • Sep 03First half 2023 earnings released: EPS: €2.01 (vs €2.06 in 1H 2022)First half 2023 results: EPS: €2.01 (down from €2.06 in 1H 2022). Revenue: €9.14b (up 418% from 1H 2022). Net income: €559.0m (down 11% from 1H 2022). Profit margin: 6.1% (down from 35% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 7.1% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Aug 29NN Group N.V. to Report Second Half, 2023 Results on Feb 29, 2024NN Group N.V. announced that they will report second half, 2023 results on Feb 29, 2024Upcoming Dividend • May 31Upcoming dividend of €1.79 per share at 8.0% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 29 June 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.4%).Reported Earnings • Mar 14Full year 2022 earnings released: EPS: €1.41 (vs €10.01 in FY 2021)Full year 2022 results: EPS: €1.41 (down from €10.01 in FY 2021). Revenue: €15.2b (down 20% from FY 2021). Net income: €417.0m (down 87% from FY 2021). Profit margin: 2.7% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue. Combined ratio: 95.8% (up from 93.5% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 18NN Group N.V. (ENXTAM:NN) announces an Equity Buyback for €250 million worth of its shares.NN Group N.V. (ENXTAM:NN) announces a share repurchase program. Under the program, the company will repurchase up to €250 million worth of its shares.공시 • Feb 16NN Group N.V. to Report First Half, 2023 Results on Aug 29, 2023NN Group N.V. announced that they will report first half, 2023 results on Aug 29, 2023Reported Earnings • Aug 15First half 2022 earnings released: EPS: €2.98 (vs €4.47 in 1H 2021)First half 2022 results: EPS: €2.98 (down from €4.47 in 1H 2021). Revenue: €9.16b (down 8.3% from 1H 2021). Net income: €917.0m (down 34% from 1H 2021). Profit margin: 10.0% (down from 14% in 1H 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 16% compared to a 26% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Aug 11NN Group N.V. to Report Second Half, 2022 Results on Feb 16, 2023NN Group N.V. announced that they will report second half, 2022 results on Feb 16, 2023Upcoming Dividend • May 16Upcoming dividend of €1.56 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.3%). In line with average of industry peers (4.9%).Reported Earnings • Feb 20Full year 2021 earnings: Revenues miss analyst expectationsFull year 2021 results: Revenue: €2.04b (down 90% from FY 2020). Net income: €3.28b (up 78% from FY 2020). Revenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 614%, compared to a 14% growth forecast for the insurance industry in Germany.Reported Earnings • Aug 18First half 2021 earnings released: EPS €4.47 (vs €1.77 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €9.99b (up 1.2% from 1H 2020). Net income: €1.39b (up 148% from 1H 2020). Profit margin: 14% (up from 5.6% in 1H 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 17Upcoming dividend of €1.47 per shareEligible shareholders must have bought the stock before 24 May 2021. Payment date: 16 June 2021. Trailing yield: 8.6%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (4.2%).Reported Earnings • Feb 20Full year 2020 earnings released: EPS €5.87 (vs €5.76 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: €7.65b (down 62% from FY 2019). Net income: €1.85b (down 3.0% from FY 2019). Profit margin: 24% (up from 9.4% in FY 2019). The increase in margin was driven by lower expenses. Combined ratio: 95.3% (down from 95.4% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 19New 90-day high: €37.31The company is up 8.0% from its price of €34.39 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €114 per share.Is New 90 Day High Low • Jan 05New 90-day high: €36.27The company is up 9.0% from its price of €33.14 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Insurance industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €110 per share.Is New 90 Day High Low • Dec 19New 90-day high: €35.19The company is up 6.0% from its price of €33.09 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Insurance industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €100 per share.Is New 90 Day High Low • Oct 29New 90-day low: €29.68The company is down 6.0% from its price of €31.54 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €83.76 per share.매출 및 비용 세부 내역NN Group가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:2NN 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Dec 2514,3441,1062,857030 Sep 2514,3991,1852,811030 Jun 2514,4541,2642,765031 Mar 2513,5371,3912,737031 Dec 2412,6201,5172,708030 Sep 2412,7741,3412,889030 Jun 2412,9271,1653,069031 Mar 2413,0531,1433,061031 Dec 2313,1791,1213,053030 Sep 2310,0757712,850030 Jun 236,9714212,647031 Mar 237,7404542,635031 Dec 228,5084872,622030 Sep 2215,3641,2742,063030 Jun 2216,4072,3962,023031 Mar 2217,7462,7441,759031 Dec 2119,0843,0921,495030 Sep 2113,7722,9751,895030 Jun 2118,4762,4971,425031 Mar 2118,6102,1161,466031 Dec 2018,7431,7341,506030 Sep 2019,0021,5161,730030 Jun 2019,7391,3721,646031 Mar 2019,5581,6841,652031 Dec 1920,2721,9031,651030 Sep 1920,9371,0421,639030 Jun 1920,1421,3151,639031 Mar 1919,8931,1731,672031 Dec 1819,7491,0591,611030 Sep 1819,5252,2921,686030 Jun 1819,6352,2381,713031 Mar 1819,3922,0151,755031 Dec 1718,0952,0581,663030 Sep 1716,0861,5111,539030 Jun 1714,5751,2201,432031 Mar 1714,1041,3211,308031 Dec 1614,4021,1551,312030 Sep 1614,3931,3671,350030 Jun 1614,7471,2591,356031 Mar 1614,0101,3161,350031 Dec 1514,0921,5311,346030 Sep 1521,3701,3601,680030 Jun 1513,6801,3971,8370양질의 수익: 2NN는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 2NN의 현재 순 이익률 (7.7%)은 지난해 (12%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 2NN의 수익은 지난 5년 동안 연평균 18.9% 감소했습니다.성장 가속화: 2NN은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 2NN은 지난 1년 동안 수익이 감소(-27.1%)하여 Insurance 업계 평균(32.1%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 2NN의 자본 수익률(5.7%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YInsurance 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 14:01종가2026/05/22 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스NN Group N.V.는 21명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Claudia GaspariBarclaysMichael HuttnerBerenbergEdward HoughtonBernstein18명의 분석가 더 보기
공시 • Nov 08+ 1 more updateNN Group N.V. to Report Fiscal Year 2025 Final Results on Mar 05, 2026NN Group N.V. announced that they will report fiscal year 2025 final results at 7:00 AM, Central European Standard Time on Mar 05, 2026
공시 • Sep 03NN Group N.V. to Report Second Half, 2025 Results on Feb 12, 2026NN Group N.V. announced that they will report second half, 2025 results on Feb 12, 2026
공시 • Sep 05NN Group N.V. to Report Fiscal Year 2024 Results on Mar 13, 2025NN Group N.V. announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 13, 2025
Reported Earnings • Aug 18First half 2024 earnings released: EPS: €2.21 (vs €2.01 in 1H 2023)First half 2024 results: EPS: €2.21 (up from €2.01 in 1H 2023). Revenue: €6.79b (up 4.0% from 1H 2023). Net income: €603.0m (up 7.9% from 1H 2023). Profit margin: 8.9% (up from 8.6% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Aug 15+ 1 more updateNN Group N.V. to Report First Half, 2025 Results on Aug 08, 2025NN Group N.V. announced that they will report first half, 2025 results on Aug 08, 2025
Reported Earnings • Mar 25Full year 2023 earnings released: EPS: €4.04 (vs €1.65 in FY 2022)Full year 2023 results: EPS: €4.04 (up from €1.65 in FY 2022). Revenue: €10.3b (up 21% from FY 2022). Net income: €1.12b (up 130% from FY 2022). Profit margin: 11% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Combined ratio: 92.6% (up from 92.3% in FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Declared Dividend • May 20Final dividend increased to €2.50Dividend of €2.50 is 16% higher than last year. Ex-date: 25th May 2026 Payment date: 2nd June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.3% to bring the payout ratio under control. EPS is expected to grow by 66% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Upcoming Dividend • May 20Upcoming dividend of €2.50 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 02 June 2026. Payout ratio is on the higher end at 93% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.5%).
공시 • Nov 08+ 1 more updateNN Group N.V. to Report Fiscal Year 2025 Final Results on Mar 05, 2026NN Group N.V. announced that they will report fiscal year 2025 final results at 7:00 AM, Central European Standard Time on Mar 05, 2026
공시 • Sep 03NN Group N.V. to Report Second Half, 2025 Results on Feb 12, 2026NN Group N.V. announced that they will report second half, 2025 results on Feb 12, 2026
공시 • Aug 09NN Group N.V., Annual General Meeting, May 21, 2026NN Group N.V., Annual General Meeting, May 21, 2026.
공시 • Feb 21NN Group N.V., Annual General Meeting, May 15, 2025NN Group N.V., Annual General Meeting, May 15, 2025.
공시 • Sep 05NN Group N.V. to Report Fiscal Year 2024 Results on Mar 13, 2025NN Group N.V. announced that they will report fiscal year 2024 results at 8:00 AM, Central European Standard Time on Mar 13, 2025
Reported Earnings • Aug 18First half 2024 earnings released: EPS: €2.21 (vs €2.01 in 1H 2023)First half 2024 results: EPS: €2.21 (up from €2.01 in 1H 2023). Revenue: €6.79b (up 4.0% from 1H 2023). Net income: €603.0m (up 7.9% from 1H 2023). Profit margin: 8.9% (up from 8.6% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Aug 15+ 1 more updateNN Group N.V. to Report First Half, 2025 Results on Aug 08, 2025NN Group N.V. announced that they will report first half, 2025 results on Aug 08, 2025
Upcoming Dividend • May 21Upcoming dividend of €2.08 per shareEligible shareholders must have bought the stock before 28 May 2024. Payment date: 20 June 2024. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 7.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.2%).
Declared Dividend • Apr 17Final dividend increased to €2.08Dividend of €2.08 is 16% higher than last year. Ex-date: 28th May 2024 Payment date: 20th June 2024 Dividend yield will be 7.5%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (dividend approximately 14x free cash flows). The dividend has increased by an average of 12% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 25Full year 2023 earnings released: EPS: €4.04 (vs €1.65 in FY 2022)Full year 2023 results: EPS: €4.04 (up from €1.65 in FY 2022). Revenue: €10.3b (up 21% from FY 2022). Net income: €1.12b (up 130% from FY 2022). Profit margin: 11% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Combined ratio: 92.6% (up from 92.3% in FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Feb 29NN Group N.V. to Report First Half, 2024 Results on Aug 15, 2024NN Group N.V. announced that they will report first half, 2024 results on Aug 15, 2024
공시 • Nov 03NN Group N.V., Annual General Meeting, May 24, 2024NN Group N.V., Annual General Meeting, May 24, 2024, at 10:00 Central European Standard Time.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €29.82, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 9x in the Insurance industry in Germany. Total returns to shareholders of 13% over the past three years.
Reported Earnings • Sep 03First half 2023 earnings released: EPS: €2.01 (vs €2.06 in 1H 2022)First half 2023 results: EPS: €2.01 (down from €2.06 in 1H 2022). Revenue: €9.14b (up 418% from 1H 2022). Net income: €559.0m (down 11% from 1H 2022). Profit margin: 6.1% (down from 35% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 7.1% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Aug 29NN Group N.V. to Report Second Half, 2023 Results on Feb 29, 2024NN Group N.V. announced that they will report second half, 2023 results on Feb 29, 2024
Upcoming Dividend • May 31Upcoming dividend of €1.79 per share at 8.0% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 29 June 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.4%).
Reported Earnings • Mar 14Full year 2022 earnings released: EPS: €1.41 (vs €10.01 in FY 2021)Full year 2022 results: EPS: €1.41 (down from €10.01 in FY 2021). Revenue: €15.2b (down 20% from FY 2021). Net income: €417.0m (down 87% from FY 2021). Profit margin: 2.7% (down from 16% in FY 2021). The decrease in margin was driven by lower revenue. Combined ratio: 95.8% (up from 93.5% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 18NN Group N.V. (ENXTAM:NN) announces an Equity Buyback for €250 million worth of its shares.NN Group N.V. (ENXTAM:NN) announces a share repurchase program. Under the program, the company will repurchase up to €250 million worth of its shares.
공시 • Feb 16NN Group N.V. to Report First Half, 2023 Results on Aug 29, 2023NN Group N.V. announced that they will report first half, 2023 results on Aug 29, 2023
Reported Earnings • Aug 15First half 2022 earnings released: EPS: €2.98 (vs €4.47 in 1H 2021)First half 2022 results: EPS: €2.98 (down from €4.47 in 1H 2021). Revenue: €9.16b (down 8.3% from 1H 2021). Net income: €917.0m (down 34% from 1H 2021). Profit margin: 10.0% (down from 14% in 1H 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 16% compared to a 26% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Aug 11NN Group N.V. to Report Second Half, 2022 Results on Feb 16, 2023NN Group N.V. announced that they will report second half, 2022 results on Feb 16, 2023
Upcoming Dividend • May 16Upcoming dividend of €1.56 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.3%). In line with average of industry peers (4.9%).
Reported Earnings • Feb 20Full year 2021 earnings: Revenues miss analyst expectationsFull year 2021 results: Revenue: €2.04b (down 90% from FY 2020). Net income: €3.28b (up 78% from FY 2020). Revenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 614%, compared to a 14% growth forecast for the insurance industry in Germany.
Reported Earnings • Aug 18First half 2021 earnings released: EPS €4.47 (vs €1.77 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €9.99b (up 1.2% from 1H 2020). Net income: €1.39b (up 148% from 1H 2020). Profit margin: 14% (up from 5.6% in 1H 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 17Upcoming dividend of €1.47 per shareEligible shareholders must have bought the stock before 24 May 2021. Payment date: 16 June 2021. Trailing yield: 8.6%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (4.2%).
Reported Earnings • Feb 20Full year 2020 earnings released: EPS €5.87 (vs €5.76 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: €7.65b (down 62% from FY 2019). Net income: €1.85b (down 3.0% from FY 2019). Profit margin: 24% (up from 9.4% in FY 2019). The increase in margin was driven by lower expenses. Combined ratio: 95.3% (down from 95.4% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 19New 90-day high: €37.31The company is up 8.0% from its price of €34.39 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €114 per share.
Is New 90 Day High Low • Jan 05New 90-day high: €36.27The company is up 9.0% from its price of €33.14 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Insurance industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €110 per share.
Is New 90 Day High Low • Dec 19New 90-day high: €35.19The company is up 6.0% from its price of €33.09 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Insurance industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €100 per share.
Is New 90 Day High Low • Oct 29New 90-day low: €29.68The company is down 6.0% from its price of €31.54 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €83.76 per share.