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1 Comment
NEC Corporation is currently in a long term downtrend where the price is trading 3.8% below its 200 day moving average.
From a valuation standpoint, the stock is 81.9% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.6.
NEC Corporation's total revenue rose by 0.4% to $729B since the same quarter in the previous year.
Its net income has increased by 117.3% to $44B since the same quarter in the previous year.
Finally, its free cash flow grew by 213.1% to $12B since the same quarter in the previous year.
Based on the above factors, NEC Corporation gets an overall score of 4/5.
ISIN | JP3733000008 |
---|---|
Sector | Technology |
Industry | Information Technology Services |
Exchange | TSE |
CurrencyCode | JPY |
Market Cap | 4T |
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Target Price | 3422.0833 |
Dividend Yield | 0.8% |
Beta | 0.28 |
PE Ratio | 22.91 |
NEC Corporation provides information and communication technology solutions in Japan and internationally. It operates through five segments: Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, and Global Business. It provides systems integration services, including systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment. The company also offers network infrastructure products comprising core network equipment, mobile phone base stations, optical transmission systems, and routers and switches; and services and management solutions, such as operation support system (OSS), business support system (BSS), and services. In addition, it provides digital government and digital finance solutions; software services for service providers, including OSS/BSS; and network infrastructure comprising submarine systems and wireless backhaul. Further, the company offers business computers, servers, NEC HPC solutions, and thin client solutions; data storage solutions; embedded systems; fiber optic devices; CONNEXIVE, an IoT platform software; PASOLINK, a mobile backhaul; optical fiber sensing products; submarine systems; and open optical transport products. Additionally, it provides EXPRESSCLUSTER X, a BC/DR solutions; NIAS, a solution for file server management; ERP solutions; MasterScope, an integrated administration software suite; Obbligato, a product lifecycle management; SaaS Solutions; WebOTX, a service execution platform; and unified communications and collaboration solutions. It serves aerospace, agriculture, aviation, broadcasting, finance, government, healthcare, hospitality, logistics, manufacturing, retail, telecom, and transportation industries. The company was formerly known as Nippon Electric Company, Limited and changed its name to NEC Corporation in April 1983. NEC Corporation was incorporated in 1899 and is headquartered in Tokyo, Japan.
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