NEC (NECPY) Total Operating Expense: $5,399 Mil (TTM As of Mar. 2026)


NECPY NEC Corp NECPY
62 GF Score
Price $12.48
GF Value $8.52
Valuation Significantly Overvalued
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What is NEC Total Operating Expense?

NEC NECPY +1.05% 62 Total Operating Expense is $5,399 Mil as of Mar. 2026. GuruFocus rates NECPY with a GF Score™ of 62/100 and a GF Value™ of $8.52 (Significantly Overvalued).

NEC's Total Operating Expense for the three months ended in Mar. 2026 was $1,542 Mil. NEC's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $5,399 Mil.

NEC Total Operating Expense Related Terms

NEC Total Operating Expense Historical Data

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The historical data trend for NEC's Total Operating Expense 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 Total Operating Expense Chart

NEC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,357.77 5,893.88 5,458.91 5,394.28 5,176.26

NEC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 1,531.90 1,251.35 1,284.18 1,321.54 1,541.78
NECPY
62GF Score
NEC Corp NECPY
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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NEC Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 $5,399 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.

What does a Total Operating Expense of $5,399 Mil mean?
NEC (NECPY) has a Total Operating Expense of $5,399 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on NEC and its competitors.
Is NEC's Total Operating Expense too high?
NEC's current Total Operating Expense is $5,399 Mil. Overall, NEC has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NEC's Total Operating Expense compare to IBM and ACN?
NEC's Total Operating Expense of $5,399 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 Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on NEC and its competitors. NEC's current Total Operating Expense is $5,399 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 (NECPY) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.52, compared to a current price of $12.48 — trading 46.5% above its estimated fair value. The current Total Operating Expense is $5,399 Mil. NEC's overall GF Score™ is 62/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For NEC (NECPY), the current Total Operating Expense is $5,399 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 (NECPY) Overvalued in 2026?

Based on GuruFocus' analysis, NEC stock appears to be overvalued. The current stock price of $12.48 is trading 46.5% above its estimated GF Value™ of $8.52. GuruFocus considers NEC to be Significantly Overvalued.

Key valuation signals for NECPY:

  • Total Operating Expense: $5,399 Mil
  • GF Value™: $8.52 vs. price of $12.48 (46.5% above fair value)
  • GF Score™: 62/100

No single metric tells the full story. See the NECPY 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.
62GF Score

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

$12.48
Price
$8.52
GF Value