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NEC Corp
TSE:6701

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NEC Corp
TSE:6701
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Price: 4 513 JPY 5.15% Market Closed
Market Cap: ¥6.2T

P/B

2.9
Current
69%
More Expensive
vs 3-y average of 1.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.9
=
Market Cap
¥5T
/
Total Equity
¥2.1T

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.9
=
Market Cap
¥5T
/
Total Equity
¥2.1T

Valuation Scenarios

NEC Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (1.7), the stock would be worth ¥2 675.79 (41% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-56%
Maximum Upside
+3%
Average Downside
36%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.9 ¥4 513
0%
3-Year Average 1.7 ¥2 675.79
-41%
5-Year Average 1.3 ¥1 985.39
-56%
Industry Average 3 ¥4 658.26
+3%
Country Average 1.4 ¥2 190.53
-51%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

Higher than 80% of companies in Japan
Percentile
80th
Based on 5 195 companies
80th percentile
2.9
Low
0 — 1.1
Typical Range
1.1 — 2.1
High
2.1 —
Distribution Statistics
Japan
Min 0
30th Percentile 1.1
Median 1.4
70th Percentile 2.1
Max 31 732 017.6

NEC Corp
Glance View

In the bustling corridors of technological innovation, NEC Corporation stands as a venerable pillar, deeply rooted in Japan yet extending its reach globally. Founded in 1899, originally as Nippon Electric Company, NEC has evolved from manufacturing telephones to becoming a multifaceted force in the fields of information and communications technology. Today, it harmonizes advancements in diverse arenas such as telecommunications, IT services, and hardware manufacturing. NEC leverages its expertise to offer solutions that power everything from critical network infrastructure to cutting-edge artificial intelligence applications. The company orchestrates a seamless integration of technology to solve complex societal challenges, all while enhancing connectivity and efficiency across industries. Revenue streams for NEC are as diversified as its offerings. The company's core earnings are derived from its Systems Platform Business, which focuses on IT systems, support services, and Internet solutions for enterprises and government agencies. Alongside this, its Network Services Business provides telecommunications equipment and network infrastructure that cater to an ever-growing demand for high-speed connectivity. NEC also capitalizes on emerging technologies, most notably within its Public Business, through platforms designed for sectors such as biometric authentication, cybersecurity, and smart urban planning. Through its dynamic portfolio and strategic global partnerships, NEC continues to manifest growth and stability, positioning itself as a leader in driving the integration of digital technologies into a rapidly transforming world.

Intrinsic Value
4 154.4 JPY
Overvaluation 8%
Intrinsic Value
Price ¥4 513
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