Financial Survey: FiscalNote (NYSE:NOTE) & NEC (OTCMKTS:NIPNF)
by Kim Johansen · The Markets DailyNEC (OTCMKTS:NIPNF – Get Free Report) and FiscalNote (NYSE:NOTE – Get Free Report) are both technology companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, profitability, earnings, analyst recommendations and risk.
Volatility and Risk
NEC has a beta of -0.47, indicating that its share price is 147% less volatile than the S&P 500. Comparatively, FiscalNote has a beta of 0.7, indicating that its share price is 30% less volatile than the S&P 500.
Profitability
This table compares NEC and FiscalNote’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| NEC | N/A | N/A | N/A |
| FiscalNote | -68.39% | -80.70% | -23.93% |
Analyst Recommendations
This is a summary of recent recommendations for NEC and FiscalNote, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NEC | 0 | 0 | 1 | 0 | 3.00 |
| FiscalNote | 1 | 0 | 1 | 0 | 2.00 |
FiscalNote has a consensus price target of $9.75, indicating a potential upside of 26,983.33%. Given FiscalNote’s higher probable upside, analysts plainly believe FiscalNote is more favorable than NEC.
Valuation and Earnings
This table compares NEC and FiscalNote”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| NEC | $25.69 billion | 0.33 | $412.83 million | $1.64 | 19.76 |
| FiscalNote | $95.41 million | 0.01 | -$65.25 million | ($6.63) | -0.01 |
NEC has higher revenue and earnings than FiscalNote. FiscalNote is trading at a lower price-to-earnings ratio than NEC, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
54.3% of FiscalNote shares are held by institutional investors. 27.7% of FiscalNote shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Summary
NEC beats FiscalNote on 9 of the 13 factors compared between the two stocks.
About NEC
NEC Corporation provides information and communication technology solutions in Japan and internationally. It operates through five segments: Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, and Global Business. It provides systems integration services, including systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment. The company also offers network infrastructure products comprising core network equipment, mobile phone base stations, optical transmission systems, and routers and switches; and services and management solutions, such as operation support system (OSS), business support system (BSS), and services. In addition, it provides digital government and digital finance solutions; software services for service providers, including OSS/BSS; and network infrastructure comprising submarine systems and wireless backhaul. Further, the company offers business computers, servers, NEC HPC solutions, and thin client solutions; data storage solutions; embedded systems; fiber optic devices; CONNEXIVE, an IoT platform software; PASOLINK, a mobile backhaul; optical fiber sensing products; submarine systems; and open optical transport products. Additionally, it provides EXPRESSCLUSTER X, a BC/DR solutions; NIAS, a solution for file server management; ERP solutions; MasterScope, an integrated administration software suite; Obbligato, a product lifecycle management; SaaS Solutions; WebOTX, a service execution platform; and unified communications and collaboration solutions. It serves aerospace, agriculture, aviation, broadcasting, finance, government, healthcare, hospitality, logistics, manufacturing, retail, telecom, and transportation industries. The company was formerly known as Nippon Electric Company, Limited and changed its name to NEC Corporation in April 1983. NEC Corporation was incorporated in 1899 and is headquartered in Tokyo, Japan.
About FiscalNote
FiscalNote Holdings, Inc. operates as technology company North America, Europe, Australia, and Asia. It combines artificial intelligence technology, machine learning, and other technologies with analytics, workflow tools, and expert research. The company also delivers that intelligence through its suite of public policy and issues management products, as well as powerful tools to manage workflows, advocacy campaigns, and constituent relationships. It serves a customer base that includes businesses comprising the Fortune 100 companies, government agencies, law firms, professional services organizations, trade groups, and non-profits. FiscalNote Holdings, Inc. is headquartered in Washington, District Of Columbia.