Valuation NEC Corporation

Stocks

Market Closed - Japan Exchange 04:30:00 29/09/26 pm AEST			5-day change	1st Jan Change
4,785.00 ^JPY	+0.57%		-0.56%	-9.89%

23/09	NEC, Sumitomo Electric Partner on Meta's Petabit Transoceanic Subsea Cable	MT
17/09	Nippon Investment Company completed the acquisition of 45.72% stake in CE Holdings Co.,Ltd. from NEC Corporation, Uh Partners 2 Fund L.P., Uh Partners 3 Fund L.P., Hikari Tsushin, Inc. and SIL Investment Limited Partnership for ¥12.6 billion.	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	1,403,157	1,358,384	2,928,366	4,191,365	5,109,408	6,346,547	-	-
Change	-	-3.19%	115.58%	43.13%	21.9%	24.21%	-	-
Enterprise Value (EV) ¹	1,552,201	1,484,571	2,984,791	4,273,109	4,939,589	6,085,701	5,875,741	5,713,431
Change	-	-4.36%	101.05%	43.16%	15.6%	23.2%	-3.45%	-2.76%
P/E	9.93x	12x	19.6x	23.9x	19x	20.7x	18.2x	16.2x
PBR	0.93x	0.84x	1.53x	2.15x	2.32x	2.6x	2.36x	2.1x
PEG	-	-0.7x	0.6x	1.4x	0.3x	1.5x	1.3x	1.3x
Capitalization / Revenue	0.47x	0.41x	0.84x	1.22x	1.43x	1.65x	1.57x	1.5x
EV / Revenue	0.51x	0.45x	0.86x	1.25x	1.38x	1.58x	1.45x	1.35x
EV / EBITDA	4.96x	4.2x	7.94x	9.68x	9.6x	9.93x	8.65x	7.75x
EV / EBIT	11.7x	8.71x	15.9x	16.7x	13.7x	13.5x	11.4x	10x
EV / FCF	18.4x	14.5x	17.1x	20x	12.2x	28.2x	18.6x	16.6x
FCF Yield	5.42%	6.91%	5.85%	4.99%	8.19%	3.55%	5.38%	6.04%
Dividend per Share ²	20	22	24	28	38	43.01	48.55	54.38
Rate of return	1.94%	2.16%	1.09%	0.89%	0.99%	0.9%	1.01%	1.14%
EPS ²	103.7	84.9	112.2	131.5	203	231.2	263.5	296
Distribution rate	19.3%	25.9%	21.4%	21.3%	18.7%	18.6%	18.4%	18.4%
Net sales ¹	3,014,095	3,313,018	3,477,262	3,423,400	3,582,733	3,854,719	4,052,573	4,243,311
EBITDA ¹	313,064	353,745	375,712	441,600	514,415	612,638	679,439	736,776
EBIT ¹	132,525	170,447	188,012	256,500	359,913	450,584	513,777	571,392
Net income ¹	141,277	114,500	149,521	175,183	270,228	306,364	353,248	395,989
Net Debt ¹	149,044	126,187	56,425	81,744	-169,819	-260,847	-470,806	-633,117
Reference price ²	1,030.00	1,020.00	2,198.00	3,145.00	3,846.00	4,785.00	4,785.00	4,785.00
Nbr of stocks (in thousands)	1,362,288	1,331,749	1,332,286	1,332,707	1,328,499	1,326,342	-	-
Announcement Date	28/4/22	28/4/23	26/4/24	28/4/25	28/4/26	-	-	-

¹JPY in Million²JPY

Estimates

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	20.67x	1.58x	9.92x	0.9%	40.26B
IBM	21.67x	3.57x	12.47x	3.07%	208B
SNOWFLAKE INC.	-128.76x	17.94x	99.74x	-.--%	116B
ACCENTURE PLC	12.96x	1.45x	7.6x	3.7%	107B
TATA CONSULTANCY SERVICES LTD.	13.41x	2.44x	9.19x	6.13%	78.05B
RELX PLC	19.27x	5.12x	12.58x	2.93%	57.19B
FUJITSU LIMITED	22.29x	1.84x	11.66x	1.35%	43.84B
INFOSYS LIMITED	13.15x	1.89x	8.03x	5.93%	42.32B
HCL TECHNOLOGIES LIMITED	17.06x	2.2x	10.23x	5.07%	35.31B
OKTA, INC.	101.72x	10.14x	37.89x	-.--%	35.35B
Average	11.34x	4.82x	21.93x	2.91%	76.26B
Weighted average by Cap.	-0.38x	5.40x	25.34x	2.89%