TSE:6701IT
NEC (TSE:6701) Margin Expansion Reinforces Bullish Narrative Despite Premium Valuation
NEC (TSE:6701) posted a striking 56.3% earnings growth over the past year, far outpacing its five-year average of 10.6% and highlighting a surge in momentum. Net profit margins improved to 6.7% from 4.4% year-over-year, underscoring a significant boost in profitability as the bottom line expanded. With forward earnings expected to grow at 9.29% per year, ahead of the Japanese market’s 7.9% average, recent results position NEC as a growth leader even as its price-to-earnings ratio sits above...