🚀 VC round data is live in beta, check it out!

NEC Valuation Multiples

Discover revenue and EBITDA valuation multiples for NEC and similar public comparables like Roper Technologies, Quanta Computer, Denso, Suzhou TFC Optical Communication and more.

NEC Overview

About NEC

NEC Corp is engaged in IT services, networks, social infrastructure, and solutions. The company operates through three segments: IT Services, Social Infrastructure, and Others. The IT Services segment provides system integration, consulting, maintenance, outsourcing, cloud services, system equipment, and software services. The Social Infrastructure segment offers network infrastructure, including core networks, mobile base stations, optical transmission systems, and marine systems, along with telecom software, OSS/BSS solutions, aerospace and defense system integration, and maintenance. The Others segment covers the development, manufacturing, and sales of system equipment. It generates the majority of its revenue from the IT Services segment.


Founded

1899

HQ

Japan

Employees

104.2K

Website

nec.com

Financials (LTM)

Revenue: $23B
EBITDA: $3B

EV

$36B

Valuation Multiples

Multiples.vc

Start free trial

Valuation Multiples for 15K+ Public Comps

AdidasAirbnbAmazonCiscoCoca-ColaDellDropboxIBMIntelMcDonaldsNikeNVIDIASamsungSpotifyTeslaToyota
Browse Valuation Multiples

NEC Financials

NEC reported last 12-month revenue of $23B and EBITDA of $3B.

In the same LTM period, NEC generated $7B in gross profit, $3B in EBITDA, and $2B in net income.

Revenue (LTM)


NEC P&L

In the most recent fiscal year, NEC reported revenue of $24B and EBITDA of $3B.

NEC expects next 12-month revenue of XXX and NTM EBITDA of XXX

See NEC forward-looking valuation multiples
LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue$23BXXX$24BXXXXXXXXX
Gross Profit$7BXXX$7BXXXXXXXXX
Gross Margin33%XXX28%XXXXXXXXX
EBITDA$3BXXX$3BXXXXXXXXX
EBITDA Margin14%XXX12%XXXXXXXXX
EBIT Margin10%XXX8%XXXXXXXXX
Net Profit$2BXXX$1BXXXXXXXXX
Net Margin7%XXX5%XXXXXXXXX

Financial data powered by Morningstar, Inc.

NEC Stock Performance

NEC has current market cap of $36B, and enterprise value of $36B.

Market Cap Evolution


NEC's stock price is $27.12.

See NEC trading valuation data
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$36B$36B0.0%XXXXXXXXX$0.92

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.

Start Free Trial

NEC Valuation Multiples

NEC trades at 1.6x EV/Revenue multiple, and 11.1x EV/EBITDA.

See valuation multiples for NEC and 15K+ public comps

EV / Revenue (LTM)


NEC Financial Valuation Multiples

As of March 9, 2026, NEC has market cap of $36B and EV of $36B.

Equity research analysts estimate NEC's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

NEC has a P/E ratio of 23.3x.

LTMNTMLast FYFY 2026FY 2027FY 2028
Market cap (current)$36BXXX$36BXXXXXXXXX
EV (current)$36BXXX$36BXXXXXXXXX
EV/Revenue1.6xXXX1.5xXXXXXXXXX
EV/EBITDA11.1xXXX12.7xXXXXXXXXX
EV/EBIT16.5xXXX18.1xXXXXXXXXX
EV/Gross Profit4.9xXXX5.4xXXXXXXXXX
P/E23.3xXXX29.4xXXXXXXXXX
EV/FCF23.9xXXX28.9xXXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified NEC Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

FactSetMorningstar
Start Free Trial

NEC Margins & Growth Rates

NEC's revenue in the last 12 month grew by 5%.

NEC's revenue per employee in the last FY averaged $0.2M.

NEC's rule of 40 is 20% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

NEC's rule of X is 28% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for NEC and other 15K+ public comps

NEC Operational Valuation Multiples

LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue Growth5%XXX(6%)XXXXXXXXX
EBITDA Margin14%XXX12%XXXXXXXXX
EBITDA Growth14%XXX15%XXXXXXXXX
Rule of 40—XXX20%XXXXXXXXX
Bessemer Rule of X—XXX28%XXXXXXXXX
Revenue per Employee—XXX$0.2MXXXXXXXXX
G&A Expenses to Revenue—XXX21%XXXXXXXXX
Opex to Revenue—XXX21%XXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

NEC Public Comps

See public comps and valuation multiples for other IT Consulting and Computer Hardware comps.

EV/RevenueEV/EBITDA
LTM2026E2027ELTM2026E2027E
Roper TechnologiesXXXXXXXXXXXXXXXXXX
Quanta ComputerXXXXXXXXXXXXXXXXXX
DensoXXXXXXXXXXXXXXXXXX
Suzhou TFC Optical CommunicationXXXXXXXXXXXXXXXXXX
PanasonicXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX

Valuation data powered by FactSet, Inc.

NEC M&A Activity

NEC acquired XXX companies to date.

Last acquisition by NEC was on XXXXXXXX, XXXXX. NEC acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

See M&A valuation multiples

Latest Acquisitions by NEC

Acquired CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.

Start Free Trial

NEC Investment Activity

NEC invested in XXX companies to date.

NEC made its latest investment on XXXXXXXX, XXXXX. NEC invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).

See VC round multiples

Latest Investments by NEC

CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

About NEC

When was NEC founded?NEC was founded in 1899.
Where is NEC headquartered?NEC is headquartered in Japan.
How many employees does NEC have?As of today, NEC has over 104K employees.
Who is the CEO of NEC?NEC's CEO is Takayuki Morita.
Is NEC publicly listed?Yes, NEC is a public company listed on Tokyo Stock Exchange.
What is the stock symbol of NEC?NEC trades under 6701 ticker.
When did NEC go public?NEC went public in 1949.
Who are competitors of NEC?NEC main competitors are Roper Technologies, Quanta Computer, Denso, Suzhou TFC Optical Communication.
What is the current market cap of NEC?NEC's current market cap is $36B.
What is the current revenue of NEC?NEC's last 12 months revenue is $23B.
What is the current revenue growth of NEC?NEC revenue growth (NTM/LTM) is 5%.
What is the current EV/Revenue multiple of NEC?Current revenue multiple of NEC is 1.6x.
Is NEC profitable?Yes, NEC is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of NEC?NEC's last 12 months EBITDA is $3B.
What is NEC's EBITDA margin?NEC's last 12 months EBITDA margin is 14%.
What is the current EV/EBITDA multiple of NEC?Current EBITDA multiple of NEC is 11.1x.
What is the current FCF of NEC?NEC's last 12 months FCF is $2B.
What is NEC's FCF margin?NEC's last 12 months FCF margin is 7%.
What is the current EV/FCF multiple of NEC?Current FCF multiple of NEC is 23.9x.

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial