NEC (FRA:NEC1) Capital Expenditure: €-510.09 Mil (TTM As of Mar. 2026)


FRA:NEC1 NEC Corp FRA:NEC1
79 GF Score
Price €19.91
GF Value €15.39
Valuation Modestly Overvalued
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What is NEC Capital Expenditure?

NEC FRA:NEC1 -0.55% 79 Capital Expenditure is €-510.09 Mil as of Mar. 2026. GuruFocus rates FRA:NEC1 with a GF Score™ of 79/100 and a GF Value™ of €15.39 (Modestly Overvalued).

Cash flow for capital expenditures refers to the funds spent for a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.

NEC's cash flow for capital expenditures for the three months ended in Mar. 2026 was €-115 Mil. Its cash flow for capital expenditures for the trailing twelve months (TTM) ended in Mar. 2026 was €-510.09 Mil.

NEC Capital Expenditure Historical Data

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The historical data trend for NEC's Capital Expenditure can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NEC Capital Expenditure Chart

NEC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Capital Expenditure
Get a 7-Day Free Trial Premium Member Only Premium Member Only -544.49 -543.04 -612.65 -934.73 -499.08

NEC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Capital Expenditure Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -514.83 -59.09 -81.09 -254.48 -115.43
FRA:NEC1
79GF Score
NEC Corp FRA:NEC1
Capital Expenditure is just one metric. See GF Score™, valuation, warning signs, and more.
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NEC Capital Expenditure Calculation

Cash flow for capital expenditures refers to the funds spent for a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.

Capital Expenditure for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-510.09 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Capital Expenditure →
What does a Capital Expenditure of €-510.09 Mil mean?
NEC (FRA:NEC1) has a Capital Expenditure of €-510.09 Mil as of Mar. 2026. Capital Expenditures represent the company's purchases of property, plant, equipment and other long-term fixed assets. View historical data for NEC.
Is NEC's Capital Expenditure too high?
NEC's current Capital Expenditure is €-510.09 Mil. Overall, NEC has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NEC's Capital Expenditure compare to IBM and ACN?
NEC's Capital Expenditure of €-510.09 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capital Expenditure for a Software company?
A good Capital Expenditure depends on the Software industry context. However, Capital Expenditure should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capital Expenditure mean?
A high Capital Expenditure can signal that a stock is expensive relative to its fundamentals. Capital Expenditures represent the company's purchases of property, plant, equipment and other long-term fixed assets. View historical data for NEC. NEC's current Capital Expenditure is €-510.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEC stock overvalued right now?
Based on GuruFocus' analysis, NEC (FRA:NEC1) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.39, compared to a current price of €19.91 — trading 29.4% above its estimated fair value. The current Capital Expenditure is €-510.09 Mil. NEC's overall GF Score™ is 79/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capital Expenditure calculated?
Capital Expenditure is calculated from a company's financial statements. For NEC (FRA:NEC1), the current Capital Expenditure is €-510.09 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NEC (FRA:NEC1) Overvalued in 2026?

Based on GuruFocus' analysis, NEC stock appears to be overvalued. The current stock price of €19.91 is trading 29.4% above its estimated GF Value™ of €15.39. GuruFocus considers NEC to be Modestly Overvalued.

Key valuation signals for FRA:NEC1:

  • Capital Expenditure: €-510.09 Mil
  • GF Value™: €15.39 vs. price of €19.91 (29.4% above fair value)
  • GF Score™: 79/100

No single metric tells the full story. See the FRA:NEC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NEC Business Description

Address 7-1, Shiba 5-chome, Minato-ku, Tokyo, JPN, 108-8001
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.
79GF Score

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Capital Expenditure is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.91
Price
€15.39
GF Value