🚀 VC round data is live in beta, check it out!
NN Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for NN Group and similar public comparables like Centene, QBE Insurance, SBI Life Insurance, Humana Inc. and more.
NN Group Overview
About NN Group
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. Since around 2013, NN has closed its domestic individual life insurance products to new business.
Founded
2011
HQ
Employees
16.4K
Website
Sectors
Financials (LTM)
EV
$29B
NN Group Financials
NN Group reported last 12-month revenue of $16B and EBITDA of $4B.
In the same LTM period, NN Group generated $4B in EBITDA and $2B in net income.
Revenue (LTM)
NN Group P&L
In the most recent fiscal year, NN Group reported revenue of $16B and EBITDA of $4B.
NN Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $16B | XXX | $16B | XXX | XXX | XXX |
| EBITDA | $4B | XXX | $4B | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 23% | XXX | XXX | XXX |
| EBIT Margin | 22% | XXX | 23% | XXX | XXX | XXX |
| Net Profit | $2B | XXX | $1B | XXX | XXX | XXX |
| Net Margin | 10% | XXX | 9% | XXX | XXX | XXX |
| Net Debt | — | — | $8B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
NN Group Stock Performance
NN Group has current market cap of $21B, and enterprise value of $29B.
Market Cap Evolution
NN Group's stock price is $78.94.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $29B | $21B | 0.3% | XXX | XXX | XXX | $5.39 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialNN Group Valuation Multiples
NN Group trades at 1.8x EV/Revenue multiple, and 8.2x EV/EBITDA.
EV / Revenue (LTM)
NN Group Financial Valuation Multiples
As of April 8, 2026, NN Group has market cap of $21B and EV of $29B.
Equity research analysts estimate NN Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
NN Group has a P/E ratio of 12.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $21B | XXX | $21B | XXX | XXX | XXX |
| EV (current) | $29B | XXX | $29B | XXX | XXX | XXX |
| EV/Revenue | 1.8x | XXX | 1.8x | XXX | XXX | XXX |
| EV/EBITDA | 8.2x | XXX | 8.1x | XXX | XXX | XXX |
| EV/EBIT | 8.2x | XXX | 8.1x | XXX | XXX | XXX |
| P/E | 12.4x | XXX | 14.7x | XXX | XXX | XXX |
| EV/FCF | 14.9x | XXX | 15.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified NN Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
NN Group Margins & Growth Rates
NN Group's revenue in the last 12 month grew by 9%.
NN Group's revenue per employee in the last FY averaged $1.0M.
NN Group's rule of 40 is 97% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
NN Group's rule of X is 213% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
NN Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 23% | XXX | XXX | XXX |
| EBITDA Growth | (5%) | XXX | (6%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 97% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 213% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 16% | XXX | 17% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
NN Group Public Comps
See public comps and valuation multiples for other Insurance Carriers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Centene | XXX | XXX | XXX | XXX | XXX | XXX |
| QBE Insurance | XXX | XXX | XXX | XXX | XXX | XXX |
| SBI Life Insurance | XXX | XXX | XXX | XXX | XXX | XXX |
| Humana Inc. | XXX | XXX | XXX | XXX | XXX | XXX |
| Loews Corporation | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
NN Group M&A Activity
NN Group acquired XXX companies to date.
Last acquisition by NN Group was on XXXXXXXX, XXXXX. NN Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by NN Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialNN Group Investment Activity
NN Group invested in XXX companies to date.
NN Group made its latest investment on XXXXXXXX, XXXXX. NN Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by NN Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout NN Group
| When was NN Group founded? | NN Group was founded in 2011. |
| Where is NN Group headquartered? | NN Group is headquartered in Netherlands. |
| How many employees does NN Group have? | As of today, NN Group has over 16K employees. |
| Is NN Group publicly listed? | Yes, NN Group is a public company listed on Euronext Amsterdam. |
| What is the stock symbol of NN Group? | NN Group trades under NN ticker. |
| When did NN Group go public? | NN Group went public in 2014. |
| Who are competitors of NN Group? | NN Group main competitors are Centene, QBE Insurance, SBI Life Insurance, Humana Inc.. |
| What is the current market cap of NN Group? | NN Group's current market cap is $21B. |
| What is the current revenue of NN Group? | NN Group's last 12 months revenue is $16B. |
| What is the current revenue growth of NN Group? | NN Group revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of NN Group? | Current revenue multiple of NN Group is 1.8x. |
| Is NN Group profitable? | Yes, NN Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of NN Group? | NN Group's last 12 months EBITDA is $4B. |
| What is NN Group's EBITDA margin? | NN Group's last 12 months EBITDA margin is 22%. |
| What is the current EV/EBITDA multiple of NN Group? | Current EBITDA multiple of NN Group is 8.2x. |
| What is the current FCF of NN Group? | NN Group's last 12 months FCF is $2B. |
| What is NN Group's FCF margin? | NN Group's last 12 months FCF margin is 12%. |
| What is the current EV/FCF multiple of NN Group? | Current FCF multiple of NN Group is 14.9x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.