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NEC Corp
TSE:6701

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NEC Corp
TSE:6701
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Price: 11 015 JPY -4.01% Market Closed
Updated: Apr 16, 2024

ROE
Return on Equity

7.6%
Current
10%
Average
3.6%
Industry
Positive for the last year
7.6%
Positive average
10%
Worse than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
7.6%
=
Net Income
122.2B
/
Equity
1.7T

ROE Across Competitors

ROE Comparison
NEC Corp Competitors

Country JP
Market Cap 2.9T JPY
ROE
8%
Country IE
Market Cap 196.8B USD
ROE
28%
Country IN
Market Cap 14T INR
ROE
46%
Country US
Market Cap 168.8B USD
ROE
34%
Country IN
Market Cap 5.9T INR
ROE
32%
Country IN
Market Cap 4T INR
ROE
25%
Country FR
Market Cap 35B EUR
ROE
16%
Country US
Market Cap 35.9B USD
ROE
194%
Country US
Market Cap 34.1B USD
ROE
17%
Country JP
Market Cap 4.7T JPY
ROE
8%
Country IN
Market Cap 2.3T INR
ROE
15%

Profitability Report

View the profitability report to see the full profitability analysis for NEC Corp.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
7.6%
=
Net Income
122.2B
/
Equity
1.7T
What is the ROE of NEC Corp?

Based on NEC Corp's most recent financial statements, the company has ROE of 7.6%.