Nationale Nederlanden: Tjeerd Bosklopper to Succeed David Knibbe as CEO
Nationale Nederlanden announced on Nov. 2 that Tjeerd Bosklopper is to succeed David Knibbe as CEO, with Bosklopper effectively taking over from March 1, 2027.
NN Group NV NN
Bulls Say, Bears Say
Bulls
NN has made some exceptional capital-allocation decisions.
Bears
While excluding the bank-related debt improves the company’s leverage, sensitivities to credit spreads have been large historically.
Trading Information
- Previous Close Price
- €80.54
- Day Range
- €78.94–79.84
- 52-Week Range
- €59.58–83.40
- Bid/Ask
- €78.50 / €80.00
- Shares Outstanding
- 258.22M
- Market Cap
- €20.50B
- Volume/Avg
- 617,783 / 550,668
Key Statistics
- Price/Earnings (Normalized)
- 11.13
- Price/Sales
- 1.51
- Dividend Yield (Trailing)
- 5.11%
- Dividend Yield (Forward)
- 5.11%
- Dividend Payment Schedule
- Jun, Aug
- Total Yield
- 6.56%
Company Profile
NN Group is a European insurance company that primarily sells long-term savings in the Netherlands. The business is made up of four divisions: Netherlands life, Netherlands nonlife, insurance Europe, and Japan life. The Netherlands life business is the biggest division and tends to generate around three-quarters of operating income. That business sells traditional spread-based long-term savings and more modern defined-contribution savings. Since 2022, assets that are managed to support the traditional savings products and in-house part of defined-contribution products are managed by Goldman Sachs Asset Management. Since around 2013, NN has closed its domestic individual life insurance products to new business.
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Stock Style Box
- Large Value
- Total Number of Employees
- 16,188
- Website
- https://www.nn-group.com
Competitors
Valuation
Metric | NN | AGS | ALV |
|---|---|---|---|
Price/Earnings (Normalized) | 11.13 | 7.95 | 14.30 |
Price/Book Value | 0.98 | 1.59 | 2.72 |
Price/Sales | 1.51 | 1.37 | 1.11 |
Price/Cash Flow | — | 8.84 | 16.94 |
Price/Earnings
NN
AGS
ALV
Financial Strength
Metric | NN | AGS | ALV |
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 2.95 | 7.65 | — |
Quick Ratio
No chart available
Profitability
Metric | NN | AGS | ALV |
|---|---|---|---|
Return on Assets (Normalized) | 0.91% | 2.03% | 1.18% |
Return on Equity (Normalized) | 8.80% | 23.18% | 19.64% |
Return on Invested Capital (Normalized) | 5.37% | 12.57% | 14.03% |
Return on Assets
NN
AGS
ALV
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United States