Valuation NEC Corporation

Equities

6701

JP3733000008

IT Services & Consulting

Market Closed - Japan Exchange Other stock markets 12:00:00 05/06/2026 pm IST			5-day change	1st Jan Change
4,253.00 ^JPY	+0.69%		+3.66%	-19.91%

04/06	Intermedia Intelligent Communications, Kddi Corporation, and Nec Corporation Launch Cloud Calling for Univerge Blue	CI
28/05	SoftBank's AI Venture Attracts Several Prospective Investors	MT

Company Valuation: NEC Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	17,76,673	14,03,157	13,58,384	29,28,366	41,91,365	56,40,941	-	-
Change	-	-21.02%	-3.19%	115.58%	43.13%	34.58%	-	-
Enterprise Value (EV) ¹	19,56,184	15,52,201	14,84,571	29,84,791	42,73,109	55,42,284	53,36,789	51,46,600
Change	-	-20.65%	-4.36%	101.05%	43.16%	29.7%	-3.71%	-3.56%
P/E ratio	11.7x	9.93x	12x	19.6x	23.9x	19x	19.8x	17.4x
PBR	1.36x	0.93x	0.84x	1.53x	2.15x	2.32x	2.34x	2.14x
PEG	-	-1.43x	-0.7x	0.6x	1.4x	0.3x	1.3x	1.3x
Capitalization / Revenue	0.59x	0.47x	0.41x	0.84x	1.22x	1.43x	1.53x	1.46x
EV / Revenue	0.65x	0.51x	0.45x	0.86x	1.25x	1.55x	1.45x	1.33x
EV / EBITDA	6.09x	4.96x	4.2x	7.94x	9.68x	11.1x	9.25x	8.15x
EV / EBIT	12.7x	11.7x	8.71x	15.9x	16.7x	16.1x	12.7x	10.9x
EV / FCF	12.8x	18.4x	14.5x	17.1x	20x	30.1x	17x	16.9x
FCF Yield	7.79%	5.42%	6.91%	5.85%	4.99%	7.92%	5.89%	5.92%
Dividend per Share ²	18	20	22	24	28	38	42.79	47.87
Rate of return	1.38%	1.94%	2.16%	1.09%	0.89%	0.99%	1.01%	1.13%
EPS ²	111.4	103.7	84.9	112.2	131.5	203	215	243.9
Distribution rate	16.2%	19.3%	25.9%	21.4%	21.3%	18.7%	19.9%	19.6%
Net sales ¹	29,94,023	30,14,095	33,13,018	34,77,262	34,23,400	35,82,733	36,87,036	38,71,347
EBITDA ¹	3,21,372	3,13,064	3,53,745	3,75,712	4,41,600	5,14,415	5,77,045	6,31,186
EBIT ¹	1,53,759	1,32,525	1,70,447	1,88,012	2,56,500	3,59,913	4,19,135	4,72,694
Net income ¹	1,49,606	1,41,277	1,14,500	1,49,521	1,75,183	2,70,228	2,86,629	3,24,534
Net Debt ¹	1,79,511	1,49,044	1,26,187	56,425	81,744	-98,657	-3,04,152	-4,94,341
Reference price ²	1,304.00	1,030.00	1,020.00	2,198.00	3,145.00	4,253.00	4,253.00	4,253.00
Nbr of stocks (in thousands)	13,62,479	13,62,288	13,31,749	13,32,286	13,32,707	13,26,344	-	-
Announcement Date	12/05/21	28/04/22	28/04/23	26/04/24	28/04/25	28/04/26	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, 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	22.8x	1.55x	11.06x	0.77%	3.52TCr
IBM	27.75x	4.42x	15.41x	2.37%	27TCr
ACCENTURE PLC	13.25x	1.41x	7.42x	3.65%	11TCr
TATA CONSULTANCY SERVICES LTD.	14.11x	2.58x	9.51x	5.91%	8.35TCr
SNOWFLAKE INC.	-83.45x	13.15x	76.27x	-.--%	8.26TCr
RELX PLC	20.57x	5.36x	13.25x	2.77%	6.2TCr
INFOSYS LIMITED	15.54x	2.3x	9.64x	4.94%	5.09TCr
FUJITSU LIMITED	14.24x	1.64x	11.24x	1.13%	3.89TCr
HCL TECHNOLOGIES LIMITED	15.73x	1.99x	9.41x	5.5%	3.28TCr
NARI TECHNOLOGY CO., LTD.	20.2x	2.35x	15.15x	2.97%	2.76TCr
Average	8.07x	3.67x	17.84x	3%	7.91TCr
Weighted average by Cap.	9.69x	4.22x	18.84x	2.89%