Valuation NEC Corporation

Stocks

6701

JP3733000008

IT Services & Consulting

Market Closed - Japan Exchange 12:00:00 19/08/2026 pm IST			5-day change	1st Jan Change
4,662.00 ^JPY	+0.26%		-5.11%	-12.20%

17/08	Japanese shares trade mostly lower on weak GDP data, surge in JGB yields	RE
05/08	Assist Group Srl along with other buyers entered into an agreement to acquire Overseas network equipment resale business from NEC Corporation.	CI

Company Valuation: NEC Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	14,03,157	13,58,384	29,28,366	41,91,365	51,09,408	61,67,491	-	-
Change	-	-3.19%	115.58%	43.13%	21.9%	20.71%	-	-
Enterprise Value (EV) ¹	15,52,201	14,84,571	29,84,791	42,73,109	49,39,589	58,65,875	55,91,502	54,42,516
Change	-	-4.36%	101.05%	43.16%	15.6%	18.75%	-4.68%	-2.66%
P/E	9.93x	12x	19.6x	23.9x	19x	20.6x	18.4x	16.5x
PBR	0.93x	0.84x	1.53x	2.15x	2.32x	2.52x	2.3x	2.05x
PEG	-	-0.7x	0.6x	1.4x	0.3x	1.8x	1.5x	1.5x
Capitalization / Revenue	0.47x	0.41x	0.84x	1.22x	1.43x	1.65x	1.58x	1.52x
EV / Revenue	0.51x	0.45x	0.86x	1.25x	1.38x	1.57x	1.43x	1.34x
EV / EBITDA	4.96x	4.2x	7.94x	9.68x	9.6x	9.93x	8.55x	7.8x
EV / EBIT	11.7x	8.71x	15.9x	16.7x	13.7x	13.6x	11.4x	10.2x
EV / FCF	18.4x	14.5x	17.1x	20x	12.2x	22.4x	17.3x	15.1x
FCF Yield	5.42%	6.91%	5.85%	4.99%	8.19%	4.46%	5.76%	6.6%
Dividend per Share ²	20	22	24	28	38	42.86	48.05	53.65
Rate of return	1.94%	2.16%	1.09%	0.89%	0.99%	0.92%	1.03%	1.15%
EPS ²	103.7	84.9	112.2	131.5	203	226	253	281
Distribution rate	19.3%	25.9%	21.4%	21.3%	18.7%	19%	19%	19.1%
Net sales ¹	30,14,095	33,13,018	34,77,262	34,23,400	35,82,733	37,42,857	39,12,906	40,62,927
EBITDA ¹	3,13,064	3,53,745	3,75,712	4,41,600	5,14,415	5,90,990	6,54,261	6,97,928
EBIT ¹	1,32,525	1,70,447	1,88,012	2,56,500	3,59,913	4,31,164	4,88,701	5,35,007
Net income ¹	1,41,277	1,14,500	1,49,521	1,75,183	2,70,228	3,01,517	3,36,636	3,73,010
Net Debt ¹	1,49,044	1,26,187	56,425	81,744	-1,69,819	-3,01,616	-5,75,989	-7,24,975
Reference price ²	1,030.00	1,020.00	2,198.00	3,145.00	3,846.00	4,650.00	4,650.00	4,650.00
Nbr of stocks (in thousands)	13,62,288	13,31,749	13,32,286	13,32,707	13,28,499	13,26,342	-	-
Announcement Date	28/04/22	28/04/23	26/04/24	28/04/25	28/04/26	-	-	-

¹JPY in Million²JPY

Estimates

P/E, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NEC CORPORATION	20.58x	1.57x	9.93x	0.92%	3.86TCr
IBM	23.09x	3.73x	13.03x	2.9%	22TCr
SNOWFLAKE INC.	-114.18x	18.14x	104.54x	-.--%	11TCr
ACCENTURE PLC	12.82x	1.41x	7.43x	3.73%	11TCr
TATA CONSULTANCY SERVICES LTD.	14.77x	2.7x	10.18x	5.57%	8.61TCr
RELX PLC	19.89x	5.24x	12.87x	2.86%	6.01TCr
INFOSYS LIMITED	14.6x	2.12x	9.01x	5.33%	4.71TCr
FUJITSU LIMITED	20.29x	1.66x	10.25x	1.44%	3.91TCr
HCL TECHNOLOGIES LIMITED	17.68x	2.29x	10.64x	4.89%	3.67TCr
NARI TECHNOLOGY CO., LTD.	20.41x	2.37x	15.45x	2.91%	2.79TCr
Average	4.99x	4.12x	20.33x	3.06%	7.73TCr
Weighted average by Cap.	-0.64x	5.09x	24.71x	2.96%