NN Group NV (FRA:2NN) EBIT: €2,709 Mil (TTM As of Dec. 2025)


FRA:2NN NN Group NV FRA:2NN
57 GF Score
Price €75.90
GF Value €50.87
Valuation Significantly Overvalued
! 11 Warning Signs
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What is NN Group NV EBIT?

NN Group NV FRA:2NN +0.03% 57 EBIT is €2,709 Mil as of Dec. 2025. GuruFocus rates FRA:2NN with a GF Score™ of 57/100 and a GF Value™ of €50.87 (Significantly Overvalued). The stock has 11 warning signs investors should review.

NN Group NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €1,572 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €2,709 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NN Group NV's annualized ROC % for the quarter that ended in Dec. 2025 was 1.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NN Group NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.94%.


NN Group NV  (FRA:2NN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

NN Group NV's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=3144 * ( 1 - 18.35% )/( (197682.6 + 197974.1)/ 2 )
=2567.076/197828.35
=1.30 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=206111 - 803 - ( 7760 - 5% * 2692 )
=197682.6

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=204912 - 828 - ( 6404 - 5% * 5882 )
=197974.1

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

NN Group NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=2709/27253.013
=9.94 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NN Group NV EBIT Related Terms


NN Group NV EBIT Historical Data

* Premium members only.

The historical data trend for NN Group NV's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NN Group NV EBIT Chart

NN Group NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,353.00 1,237.00 2,565.00 3,245.00 2,709.00

NN Group NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,367.00 1,478.00 1,767.00 1,137.00 1,572.00

FRA:2NN vs BRK.A, AIG, HIG: EBIT Comparison

For the Insurance - Diversified subindustry, NN Group NV's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NN Group NV EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, NN Group NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NN Group NV's EV-to-EBIT falls into.


FRA:2NN
57GF Score
NN Group NV FRA:2NN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NN Group NV EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2,709 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €2,709 Mil mean?
NN Group NV (FRA:2NN) has a EBIT of €2,709 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NN Group NV.
Is NN Group NV's EBIT too high?
NN Group NV's current EBIT is €2,709 Mil. Overall, NN Group NV has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NN Group NV's EBIT compare to BRK.A and AIG?
NN Group NV's EBIT of €2,709 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Insurance company?
A good EBIT depends on the Insurance industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NN Group NV. NN Group NV's current EBIT is €2,709 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NN Group NV stock overvalued right now?
Based on GuruFocus' analysis, NN Group NV (FRA:2NN) is currently considered Significantly Overvalued. The stock's GF Value™ is €50.87, compared to a current price of €75.90 — trading 49.2% above its estimated fair value. The current EBIT is €2,709 Mil. NN Group NV's overall GF Score™ is 57/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For NN Group NV (FRA:2NN), the current EBIT is €2,709 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NN Group NV (FRA:2NN) Overvalued in 2026?

Based on GuruFocus' analysis, NN Group NV stock appears to be overvalued. The current stock price of €75.90 is trading 49.2% above its estimated GF Value™ of €50.87. GuruFocus considers NN Group NV to be Significantly Overvalued.

Key valuation signals for FRA:2NN:

  • EBIT: €2,709 Mil
  • GF Value™: €50.87 vs. price of €75.90 (49.2% above fair value)
  • GF Score™: 57/100 with 11 warning signs

No single metric tells the full story. See the FRA:2NN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NN Group NV Business Description

Address Schenkkade 65, The Hague, ZH, NLD, 2595 AS
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.
57GF Score

Get the complete analysis for FRA:2NN

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€75.90
Price
€50.87
GF Value