NN Group N.V
NN Group N.V., a financial services company, provides life and non-life insurance products in the Netherlands and internationally. It operates through the Netherlands Life, the Netherlands Non-Life, Insurance Europe, Japan Life, and NN Bank segments. The company provides insured defined benefit, defined contribution, pensions under the Nationale-Nederlanden brand name; premium pension institution… Read more
NN Group N.V (NNGPF) - Net Assets
Latest net assets as of December 2025: $21.16 Billion USD
Based on the latest financial reports, NN Group N.V (NNGPF) has net assets worth $21.16 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($204.91 Billion) and total liabilities ($183.76 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $21.16 Billion |
| % of Total Assets | 10.32% |
| Annual Growth Rate | -1.44% |
| 5-Year Change | -45.12% |
| 10-Year Change | -19.15% |
| Growth Volatility | 380.04 |
NN Group N.V - Net Assets Trend (2011–2025)
This chart illustrates how NN Group N.V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NN Group N.V (2011–2025)
The table below shows the annual net assets of NN Group N.V from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $19.16 Billion | -11.49% |
| 2024-12-31 | $21.65 Billion | +2.52% |
| 2023-12-31 | $21.12 Billion | +18.43% |
| 2022-12-31 | $17.83 Billion | -48.93% |
| 2021-12-31 | $34.92 Billion | -9.94% |
| 2020-12-31 | $38.77 Billion | +18.24% |
| 2019-12-31 | $32.79 Billion | +31.97% |
| 2018-12-31 | $24.85 Billion | -88.32% |
| 2017-12-31 | $212.78 Billion | +797.68% |
| 2016-12-31 | $23.70 Billion | +10.44% |
| 2015-12-31 | $21.46 Billion | +0.22% |
| 2014-12-31 | $21.42 Billion | +49.82% |
| 2013-12-31 | $14.29 Billion | -95.58% |
| 2012-12-31 | $323.58 Billion | +1278.45% |
| 2011-12-31 | $23.47 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NN Group N.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $19.07 Billion | 100.00% |
| Total Equity | $19.07 Billion | 100.00% |
NN Group N.V Competitors by Market Cap
The table below lists competitors of NN Group N.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Northern Rare Earth Group High-Tech Co Ltd
SHG:600111
|
$14.43 Billion |
|
CSPC Pharmaceutical Group Limited
PINK:CSPCY
|
$14.45 Billion |
|
Tower Semiconductor Ltd
NASDAQ:TSEM
|
$14.48 Billion |
|
Pentair PLC
NYSE:PNR
|
$14.48 Billion |
|
Bureau Veritas SA
PINK:BVVBY
|
$14.42 Billion |
|
Teck Resources Limited
PINK:TCKRF
|
$14.35 Billion |
|
CLP Holdings Ltd
PINK:CLPHY
|
$14.34 Billion |
|
GUOTAI JUNAN SEC. H YC1
F:153A
|
$14.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NN Group N.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,567,000,000 to 19,070,855,000, a change of -2,496,145,000 (-11.6%).
- Net income of 1,188,555,000 contributed positively to equity growth.
- Dividend payments of 939,000,000 reduced retained earnings.
- Other factors decreased equity by 2,745,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.19 Billion | +6.23% |
| Dividends Paid | $939.00 Million | -4.92% |
| Other Changes | $-2.75 Billion | -14.4% |
| Total Change | $- | -11.57% |
Book Value vs Market Value Analysis
This analysis compares NN Group N.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $66.89 | $55.05 | x |
| 2012-12-31 | $74.14 | $55.05 | x |
| 2013-12-31 | $40.65 | $55.05 | x |
| 2014-12-31 | $60.70 | $55.05 | x |
| 2015-12-31 | $62.95 | $55.05 | x |
| 2016-12-31 | $72.65 | $55.05 | x |
| 2017-12-31 | $73.79 | $55.05 | x |
| 2018-12-31 | $73.23 | $55.05 | x |
| 2019-12-31 | $98.28 | $55.05 | x |
| 2020-12-31 | $122.36 | $55.05 | x |
| 2021-12-31 | $112.03 | $55.05 | x |
| 2022-12-31 | $71.12 | $55.05 | x |
| 2023-12-31 | $75.82 | $55.05 | x |
| 2024-12-31 | $79.32 | $55.05 | x |
| 2025-12-31 | $66.88 | $55.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NN Group N.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.61%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 10.74x
- Recent ROE (6.23%) is above the historical average (5.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 5.24% | 7.20% | 0.05x | 14.33x | $-1.12 Billion |
| 2012 | 4.00% | 7.79% | 0.04x | 12.94x | $-1.56 Billion |
| 2013 | 2.26% | 2.80% | 0.08x | 10.25x | $-1.10 Billion |
| 2014 | 2.76% | 4.31% | 0.08x | 7.75x | $-1.55 Billion |
| 2015 | 7.29% | 11.11% | 0.09x | 7.56x | $-580.50 Million |
| 2016 | 5.02% | 8.43% | 0.08x | 7.11x | $-1.18 Billion |
| 2017 | 8.62% | 11.74% | 0.08x | 9.27x | $-338.20 Million |
| 2018 | 4.54% | 5.66% | 0.09x | 9.11x | $-1.34 Billion |
| 2019 | 6.03% | 9.77% | 0.08x | 7.64x | $-1.29 Billion |
| 2020 | 4.95% | 10.57% | 0.07x | 6.85x | $-1.95 Billion |
| 2021 | 9.46% | 17.24% | 0.08x | 7.26x | $-187.20 Million |
| 2022 | 7.77% | 0.00% | 0.00x | 10.32x | $-468.90 Million |
| 2023 | 5.57% | 10.85% | 0.05x | 9.93x | $-932.00 Million |
| 2024 | 7.34% | 14.37% | 0.05x | 9.75x | $-573.70 Million |
| 2025 | 6.23% | 39.61% | 0.01x | 10.74x | $-718.53 Million |
Industry Comparison
This section compares NN Group N.V's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $29,608,843,500
- Average return on equity (ROE) among peers: 13.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NN Group N.V (NNGPF) | $21.16 Billion | 5.24% | 8.69x | $14.43 Billion |
| Alm. Brand A/S (ABDBY) | $13.40 Billion | 5.80% | 1.64x | $2.98 Billion |
| Arch Capital Group Ltd (ACGL) | $2.48 Billion | 10.34% | 3.63x | $32.40 Billion |
| ageas SA/NV (AGESF) | $8.80 Billion | 12.71% | 10.19x | $10.79 Billion |
| American International Group Inc (AIG) | $109.64 Billion | 12.81% | 7.93x | $41.13 Billion |
| Aviva plc (AIVAF) | $11.16 Billion | 0.00% | 0.03x | $18.17 Billion |
| Allianz SE (ALIZF) | $63.58 Billion | 13.43% | 14.46x | $143.52 Billion |
| Assicurazioni Generali S.p.A (ARZGF) | $18.35 Billion | 18.39% | 19.85x | $30.45 Billion |
| AXA SA (AXAHF) | $52.40 Billion | 13.72% | 11.30x | $66.04 Billion |
| BB Seguridade Participacoes SA (BBSEY) | $11.40 Billion | 35.51% | 0.17x | $4.26 Billion |
| Bâloise Holding AG (BLHEF) | $4.87 Billion | 8.96% | 14.09x | $8.54 Billion |