NN Group N.V. (NN.AS) stock analysis

In our weekly check, NN Group N.V. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 4, red flags: 4.

About NN Group N.V.

NN Group N.V. is a Financial Services company (Insurance - Diversified) based in the Netherlands, listed on AMS as NN.AS.

What our checks show for NN.AS

Red flags

• Operating cash flow is negative while the company reports a profit: the profit does not arrive as cash.
• Free cash flow is negative (-16.9% of revenue): the business spends more cash than it brings in.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• The net margin fell by 3.9 points over 5 years, to 13.3%: the company keeps less of each sale as profit.
• Analysts expect only about 4.4% a year of growth in revenue.
• The stock has fallen as much as 49% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 5.4%.

Strengths

• Analysts expect earnings per share to grow about 13.5% a year over the next years.
• Revenue grew 18.1% a year over the last 3 years.
• Earnings per share grew 61.5% a year over the last 3 years.
• The price is 11.2 times earnings (P/E), reasonable for its growth.
• A large company: market value $22.17 billion.
• The price moves calmly: 17.1% annual volatility.

Similar companies

HBAN.SW · AV.L · IAG.TO · UNI.MI · SAMPO.HE · AGS.BR

Questions

What grade does NN Group N.V. (NN.AS) have?

In our weekly check, NN Group N.V. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 4, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of NN.AS stock?

This week's biggest flags for NN Group N.V.: Profits not backed by cash, Weak free cash flow, Heavy stock pay. In total 8 of 25 checks show a warning or a red flag.

What does NN Group N.V. do?

NN Group N.V. is a Financial Services company (Insurance - Diversified) based in the Netherlands, listed on AMS as NN.AS.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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