Valuation NEC Corporation

Equities

6701

JP3733000008

IT Services & Consulting

Market Closed - Japan Exchange Other stock markets 07:30:00 10/07/2025 BST			5-day change	1st Jan Change
3,866.00 ^JPY	-1.50%		-3.35%	+40.89%

07-03	S&P Revises Outlook on Japan's NEC to Positive on Faster Rise in Profitability, Favorable Financial Ratios	MT
05-30	Shinko Shoji Co., Ltd. agreed to acquire Shimizu Syntec Corporation from NEC Corporation for ¥5.2 billion.	CI

Company Valuation: NEC Corporation

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,776,673	1,403,157	1,358,384	2,928,366	4,191,365	5,230,845	-	-
Change	-	-21.02%	-3.19%	115.58%	43.13%	24.8%	-	-
Enterprise Value (EV) ¹	1,956,184	1,552,201	1,484,571	2,984,791	4,273,109	5,118,819	4,906,745	4,679,663
Change	-	-20.65%	-4.36%	101.05%	43.16%	19.79%	-4.14%	-4.63%
P/E ratio	11.7x	9.93x	12x	19.6x	23.9x	24x	21.2x	19.1x
PBR	1.36x	0.93x	0.84x	1.53x	2.15x	2.45x	2.24x	2.05x
PEG	-	-1.43x	-0.7x	0.6x	1.4x	1x	1.6x	1.7x
Capitalization / Revenue	0.59x	0.47x	0.41x	0.84x	1.22x	1.52x	1.46x	1.41x
EV / Revenue	0.65x	0.51x	0.45x	0.86x	1.25x	1.49x	1.37x	1.26x
EV / EBITDA	6.09x	4.96x	4.2x	7.94x	9.68x	10.6x	9.45x	8.44x
EV / EBIT	12.7x	11.7x	8.71x	15.9x	16.7x	25x	14.2x	12.3x
EV / FCF	12.8x	18.4x	14.5x	17.1x	20x	18.2x	16.5x	14.8x
FCF Yield	7.79%	5.42%	6.91%	5.85%	4.99%	5.51%	6.07%	6.77%
Dividend per Share ²	18	20	22	24	28	33.11	37.22	41.56
Rate of return	1.38%	1.94%	2.16%	1.09%	0.89%	0.84%	0.95%	1.06%
EPS ²	111.4	103.7	84.9	112.2	131.5	163.2	185.4	206
Distribution rate	16.2%	19.3%	25.9%	21.4%	21.3%	20.3%	20.1%	20.2%
Net sales ¹	2,994,023	3,014,095	3,313,018	3,477,262	3,423,400	3,446,906	3,584,638	3,708,432
EBITDA ¹	321,372	313,064	353,745	375,712	441,600	481,619	519,268	554,232
EBIT ¹	153,759	132,525	170,447	188,012	256,500	204,500	345,602	379,835
Net income ¹	149,606	141,277	114,500	149,521	175,183	218,100	246,914	272,403
Net Debt ¹	179,511	149,044	126,187	56,425	81,744	-112,026	-324,101	-551,182
Reference price ²	1,304.00	1,030.00	1,020.00	2,198.00	3,145.00	3,925.00	3,925.00	3,925.00
Nbr of stocks (in thousands)	1,362,479	1,362,288	1,331,749	1,332,286	1,332,707	1,332,699	-	-
Announcement Date	12/05/21	28/04/22	28/04/23	26/04/24	28/04/25	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NEC CORPORATION	24.05x	1.49x	10.63x	0.84%	35.7B
IBM	31.93x	4.57x	17.41x	2.32%	264B
ACCENTURE PLC	23.05x	2.63x	13.92x	1.95%	186B
TATA CONSULTANCY SERVICES LTD.	23.77x	4.43x	16.47x	3.51%	143B
CROWDSTRIKE HOLDINGS, INC.	-862.69x	25.79x	100.98x	-.--%	128B
AUTOMATIC DATA PROCESSING, INC.	30.92x	6.18x	21.29x	1.91%	125B
RELX PLC	34.58x	8x	20.11x	1.7%	97.84B
INFOSYS LIMITED	24.07x	3.72x	15.34x	3.19%	78.99B
SNOWFLAKE INC.	-52.7x	15.64x	126.25x	-.--%	74.04B
HCL TECHNOLOGIES LIMITED	24.83x	3.41x	15.57x	3.64%	52.9B
Average	-69.82x	7.59x	35.80x	1.91%	118.55B
Weighted average by Cap.	-73.29x	7.48x	32.78x	1.99%