NEC (NIPNF) Tax Rate %: 28.72% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NIPNF NEC Corp NIPNF
75 GF Score
Price $27.03
GF Value $17.69
Valuation Significantly Overvalued
View Full Analysis

What is NEC Tax Rate %?

NEC NIPNF 75 Tax Rate % is 28.72% as of Mar. 2026. GuruFocus rates NIPNF with a GF Score™ of 75/100 and a GF Value™ of $17.69 (Significantly Overvalued).

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NEC's Tax Expense for the three months ended in Mar. 2026 was $328 Mil. NEC's Pre-Tax Income for the three months ended in Mar. 2026 was $1,143 Mil. Therefore, NEC's Tax Rate % for the quarter that ended in Mar. 2026 was 28.72%.

NEC Tax Rate % Related Terms

NEC Tax Rate % Historical Data

* Premium members only.

The historical data trend for NEC's Tax Rate % 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 Tax Rate % Chart

NEC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.49 21.56 10.95 22.98 31.36

NEC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 13.48 39.39 35.01 30.53 28.72
NIPNF
75GF Score
NEC Corp NIPNF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEC Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

NEC's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=786.797/2509.253
=31.36 %

NEC's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=328.297/1143.187
=28.72 %

* 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 Tax Rate % →
What does a Tax Rate % of 28.72% mean?
NEC (NIPNF) has a Tax Rate % of 28.72% as of Mar. 2026.
Is NEC's Tax Rate % too high?
NEC's current Tax Rate % is 28.72%. Overall, NEC has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NEC's Tax Rate % compare to IBM and ACN?
NEC's Tax Rate % of 28.72% 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 Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. NEC's current Tax Rate % is 28.72%. 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 (NIPNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.69, compared to a current price of $27.03 — trading 52.8% above its estimated fair value. The current Tax Rate % is 28.72%. NEC's overall GF Score™ is 75/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For NEC (NIPNF), the current Tax Rate % is 28.72% 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 (NIPNF) Overvalued in 2026?

Based on GuruFocus' analysis, NEC stock appears to be overvalued. The current stock price of $27.03 is trading 52.8% above its estimated GF Value™ of $17.69. GuruFocus considers NEC to be Significantly Overvalued.

Key valuation signals for NIPNF:

  • Tax Rate %: 28.72%
  • GF Value™: $17.69 vs. price of $27.03 (52.8% above fair value)
  • GF Score™: 75/100

No single metric tells the full story. See the NIPNF 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.
75GF Score

Get the complete analysis for NIPNF

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

$27.03
Price
$17.69
GF Value