NSYS
Nortech Systems Incorporated
Price Chart
Latest Quote
$17.58
| Previous Close | $17.49 |
| Open | $17.57 |
| Day High | $17.59 |
| Day Low | $17.00 |
| Volume | 13,902 |
Stock Information
| Shares Outstanding | 2.79M |
| Total Debt | $17.99M |
| Cash Equivalents | $1.96M |
| Revenue | $121.79M |
| Net Income | $1.03M |
| Sector | Healthcare |
| Industry | Medical Devices |
| Market Cap | $46.95M |
| P/E Ratio | 44.21 |
| EPS (TTM) | $0.38 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $65.41M |
| Sales | $121.79M |
| Income | $1.03M |
| Book/sh | $12.37 |
| Cash/sh | $0.70 |
| Employees | 685 |
Financial Ratios
| Quick Ratio | 1.08 |
| Current Ratio | 1.84 |
| Debt/Eq | 51.84 |
Returns & Margins
| ROA | 2.19% |
| ROE | 3.05% |
| Gross Margin | 16.12% |
| Operating Margin | 0.15% |
| Profit Margin | 0.85% |
Ownership
| Insider Ownership | 65.39% |
| Institutional Ownership | 3.52% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 0.39 |
| P/B | 1.36 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $16.26 |
| SMA50 | $14.64 |
| SMA200 | $10.40 |
| RSI | 46.07 |
| ATR | 1.0121 |
| Shares Float | 991K |
| Short Float | 1.25% |
| Short Ratio | 0.57 |
| Volatility | 0.01 |
| Rel Volume | 0.27 |
Performance History
| Week | +3.51% |
| Month | +37.37% |
| Quarter | +66.67% |
| 6 Months | +136.95% |
| YTD | +126.11% |
| Year | +102.90% |
| 3 Years | +62.95% |
| 5 Years | +121.05% |
| 10 Years | +343.27% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-23 | $16.80 | 9,732 |
| 2026-06-22 | $17.58 | 14,300 |
| 2026-06-18 | $17.49 | 44,200 |
| 2026-06-17 | $15.50 | 28,400 |
| 2026-06-16 | $16.06 | 4,700 |
| 2026-06-15 | $16.23 | 9,000 |
| 2026-06-12 | $16.46 | 12,100 |
| 2026-06-11 | $16.60 | 24,300 |
| 2026-06-10 | $17.02 | 18,700 |
| 2026-06-09 | $16.97 | 29,300 |
| 2026-06-08 | $16.30 | 46,100 |
| 2026-06-05 | $15.83 | 21,400 |
| 2026-06-04 | $16.68 | 12,500 |
| 2026-06-03 | $16.55 | 26,000 |
| 2026-06-02 | $17.38 | 61,700 |
| 2026-06-01 | $17.66 | 91,100 |
| 2026-05-29 | $14.93 | 114,100 |
| 2026-05-28 | $16.36 | 111,400 |
| 2026-05-27 | $13.92 | 33,000 |
| 2026-05-26 | $12.92 | 20,100 |
About Nortech Systems Incorporated
Nortech Systems Incorporated provides engineering design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China. It offers a range of value-added engineering, technical, manufacturing, and support services, including project management, designing, testing, prototyping, manufacturing, supply chain management, and post-market services. The company also manufacturing and engineering services that include complex electromedical and electromechanical product, such as medical devices, wire and cable assemblies, printed circuit board assemblies, complex higher-level assemblies, and other box builds for a range of industries. In addition, it offers engineering and repair services. The company serves original equipment manufacturers in the medical devices and imaging, aerospace and defense, and industrial markets through business development teams and independent manufacturers' representatives. Nortech Systems Incorporated was founded in 1990 and is headquartered in Maple Grove, Minnesota.
đ° Latest News
Nortech Systems Inc (NSYS) Q1 2026 Earnings Call Highlights: Strategic Restructuring Drives ...
GuruFocus.com âĸ 2026-05-15T05:03:17ZNortech Systems appoints Andrew Walko as SVP, global operations
TipRanks âĸ 2026-01-07T13:22:12ZNortech Systems Inc (NSYS) Q3 2025 Earnings Call Highlights: Restructuring Boosts Efficiency ...
GuruFocus.com âĸ 2025-11-14T05:01:20ZNortech Systems Second Quarter 2025 Earnings: EPS: US$0.11 (vs US$0.057 in 2Q 2024)
Simply Wall St. âĸ 2025-08-09T12:25:22ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $100,359,000 | $111,411,000 | $116,228,000 | $113,643,000 |
| Cost Of Revenue | $100,359,000 | $111,411,000 | $116,228,000 | $113,643,000 |
| Total Revenue | $118,365,000 | $128,133,000 | $139,332,000 | $134,123,000 |
| Operating Revenue | $118,365,000 | $128,133,000 | $139,332,000 | $134,123,000 |
| Expenses | ||||
| Interest Expense | $964,000 | $744,000 | $487,000 | $411,000 |
| Total Expenses | $117,124,000 | $127,757,000 | $133,379,000 | $130,250,000 |
| Other Income Expense | $-266,000 | $-571,000 | - | $15,000 |
| Net Non Operating Interest Income Expense | $-964,000 | $-744,000 | $-487,000 | $-411,000 |
| Interest Expense Non Operating | $964,000 | $744,000 | $487,000 | $411,000 |
| Operating Expense | $16,765,000 | $16,346,000 | $17,151,000 | $16,607,000 |
| Selling And Marketing Expense | $4,803,000 | $3,446,000 | $3,598,000 | $3,719,000 |
| General And Administrative Expense | $10,790,000 | $11,709,000 | $12,354,000 | $11,425,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-252,000 | $-1,295,000 | $6,874,000 | $2,010,000 |
| Net Interest Income | $-964,000 | $-744,000 | $-487,000 | $-411,000 |
| Normalized Income | $-41,860 | $-843,910 | $6,874,000 | $1,998,150 |
| Net Income From Continuing And Discontinued Operation | $-252,000 | $-1,295,000 | $6,874,000 | $2,010,000 |
| Total Operating Income As Reported | $-975,000 | $-195,000 | $5,953,000 | $3,888,000 |
| Net Income Common Stockholders | $-252,000 | $-1,295,000 | $6,874,000 | $2,010,000 |
| Net Income | $-252,000 | $-1,295,000 | $6,874,000 | $2,010,000 |
| Net Income Including Noncontrolling Interests | $-252,000 | $-1,295,000 | $6,874,000 | $2,010,000 |
| Net Income Continuous Operations | $-252,000 | $-1,295,000 | $6,874,000 | $2,010,000 |
| Pretax Income | $11,000 | $-939,000 | $5,466,000 | $3,477,000 |
| Special Income Charges | $-266,000 | $-571,000 | $0 | $15,000 |
| Operating Income | $1,241,000 | $376,000 | $5,953,000 | $3,873,000 |
| Gross Profit | $18,006,000 | $16,722,000 | $23,104,000 | $20,480,000 |
| Per Share | ||||
| Diluted EPS | $-0.09 | $-0.47 | $2.38 | $0.70 |
| Basic EPS | $-0.09 | $-0.47 | $2.53 | $0.75 |
| Other | ||||
| Tax Effect Of Unusual Items | $-55,860 | $-119,910 | $0 | $3,150 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $2,529,000 | $2,114,000 | $8,003,000 | $5,791,000 |
| Total Unusual Items | $-266,000 | $-571,000 | $0 | $15,000 |
| Total Unusual Items Excluding Goodwill | $-266,000 | $-571,000 | $0 | $15,000 |
| Reconciled Depreciation | $1,288,000 | $1,738,000 | $2,050,000 | $1,918,000 |
| EBITDA (Bullshit earnings) | $2,263,000 | $1,543,000 | $8,003,000 | $5,806,000 |
| EBIT | $975,000 | $-195,000 | $5,953,000 | $3,888,000 |
| Diluted Average Shares | $2,776,680 | $2,755,041 | $2,885,879 | $2,891,285 |
| Basic Average Shares | $2,776,680 | $2,755,041 | $2,722,135 | $2,685,378 |
| Diluted NI Availto Com Stockholders | $-252,000 | $-1,295,000 | $6,874,000 | $2,010,000 |
| Tax Provision | $263,000 | $356,000 | $-1,408,000 | $1,467,000 |
| Restructuring And Mergern Acquisition | $266,000 | $571,000 | $0 | $0 |
| Research And Development | $1,172,000 | $1,191,000 | $1,199,000 | $1,463,000 |
| Selling General And Administration | $15,593,000 | $15,155,000 | $15,952,000 | $15,144,000 |
| Other Gand A | $10,790,000 | $11,709,000 | $12,354,000 | $11,425,000 |
| Gain On Sale Of Ppe | - | - | $0 | $15,000 |
| Other Special Charges | - | - | - | - |
| Impairment Of Capital Assets | - | - | - | - |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $34,391,000 | $33,831,000 | $35,081,000 | $27,658,000 |
| Total Assets | $71,919,000 | $72,435,000 | $75,127,000 | $69,540,000 |
| Total Non Current Assets | $15,769,000 | $17,120,000 | $16,334,000 | $14,680,000 |
| Non Current Deferred Assets | $3,394,000 | $2,575,000 | $2,641,000 | $0 |
| Non Current Deferred Taxes Assets | $3,394,000 | $2,575,000 | $2,641,000 | $0 |
| Goodwill And Other Intangible Assets | $156,000 | $174,000 | $263,000 | $422,000 |
| Other Intangible Assets | $156,000 | $174,000 | $263,000 | $422,000 |
| Current Assets | $56,150,000 | $55,315,000 | $58,793,000 | $54,860,000 |
| Other Current Assets | $1,618,000 | $4,094,000 | $1,698,000 | $1,334,000 |
| Inventory | $20,695,000 | $21,638,000 | $21,660,000 | $22,438,000 |
| Receivables | $32,182,000 | $28,667,000 | $33,760,000 | $28,607,000 |
| Other Receivables | $15,184,000 | $13,792,000 | $14,481,000 | $12,632,000 |
| Accounts Receivable | $16,998,000 | $14,875,000 | $19,279,000 | $15,975,000 |
| Allowance For Doubtful Accounts Receivable | $-161,000 | $-196,000 | $-358,000 | $-328,000 |
| Gross Accounts Receivable | $17,159,000 | $15,071,000 | $19,637,000 | $16,303,000 |
| Cash Cash Equivalents And Short Term Investments | $1,655,000 | $916,000 | $960,000 | $1,027,000 |
| Cash And Cash Equivalents | $1,655,000 | $916,000 | $960,000 | $1,027,000 |
| Cash Financial | $1,655,000 | $916,000 | $960,000 | $1,027,000 |
| Restricted Cash | - | $0 | $715,000 | $1,454,000 |
| Prepaid Assets | - | - | - | $1,334,000 |
| Debt | ||||
| Net Debt | $5,345,000 | $7,718,000 | $4,855,000 | $5,826,000 |
| Total Debt | $15,708,000 | $18,036,000 | $14,176,000 | $16,512,000 |
| Long Term Debt And Capital Lease Obligation | $7,102,000 | $16,718,000 | $12,787,000 | $14,967,000 |
| Current Debt And Capital Lease Obligation | $8,606,000 | $1,318,000 | $1,389,000 | $1,545,000 |
| Current Debt | $7,000,000 | - | - | - |
| Other Current Borrowings | $7,000,000 | - | - | - |
| Long Term Debt | - | $8,634,000 | $5,815,000 | $6,853,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $37,372,000 | $38,430,000 | $39,783,000 | $41,460,000 |
| Total Non Current Liabilities Net Minority Interest | $7,528,000 | $17,002,000 | $13,201,000 | $15,062,000 |
| Other Non Current Liabilities | $426,000 | $284,000 | $414,000 | $95,000 |
| Current Liabilities | $29,844,000 | $21,428,000 | $26,582,000 | $26,398,000 |
| Current Deferred Liabilities | $5,386,000 | $5,140,000 | $4,068,000 | $3,515,000 |
| Payables And Accrued Expenses | $15,852,000 | $14,970,000 | $21,125,000 | $21,338,000 |
| Payables | $12,809,000 | $11,582,000 | $15,924,000 | $14,792,000 |
| Accounts Payable | $12,809,000 | $11,582,000 | $15,924,000 | $14,792,000 |
| Equity | ||||
| Common Stock Equity | $34,297,000 | $33,755,000 | $35,094,000 | $27,830,000 |
| Preferred Stock Equity | $250,000 | $250,000 | $250,000 | $250,000 |
| Total Equity Gross Minority Interest | $34,547,000 | $34,005,000 | $35,344,000 | $28,080,000 |
| Stockholders Equity | $34,547,000 | $34,005,000 | $35,344,000 | $28,080,000 |
| Gains Losses Not Affecting Retained Earnings | $-709,000 | $-977,000 | $-532,000 | $-370,000 |
| Other Equity Adjustments | $-709,000 | $-977,000 | $-532,000 | $-370,000 |
| Retained Earnings | $17,123,000 | $17,375,000 | $18,670,000 | $11,826,000 |
| Other | ||||
| Preferred Shares Number | $250,000 | $250,000 | $250,000 | $250,000 |
| Ordinary Shares Number | $2,786,134 | $2,760,793 | $2,690,633 | $2,690,633 |
| Share Issued | $2,786,134 | $2,760,793 | $2,690,633 | $2,690,633 |
| Tangible Book Value | $34,141,000 | $33,581,000 | $34,831,000 | $27,408,000 |
| Invested Capital | $41,297,000 | $42,389,000 | $40,909,000 | $34,683,000 |
| Working Capital | $26,306,000 | $33,887,000 | $32,211,000 | $28,462,000 |
| Capital Lease Obligations | $8,708,000 | $9,402,000 | $8,361,000 | $9,659,000 |
| Total Capitalization | $34,547,000 | $42,639,000 | $41,159,000 | $34,933,000 |
| Additional Paid In Capital | $17,855,000 | $17,329,000 | $16,929,000 | $16,347,000 |
| Capital Stock | $278,000 | $278,000 | $277,000 | $277,000 |
| Common Stock | $28,000 | $28,000 | $27,000 | $27,000 |
| Preferred Stock | $250,000 | $250,000 | $250,000 | $250,000 |
| Long Term Capital Lease Obligation | $7,102,000 | $8,084,000 | $6,972,000 | $8,114,000 |
| Current Deferred Revenue | $5,386,000 | $5,140,000 | $4,068,000 | $3,515,000 |
| Current Capital Lease Obligation | $1,606,000 | $1,318,000 | $1,389,000 | $1,545,000 |
| Current Accrued Expenses | $3,043,000 | $3,388,000 | $5,201,000 | $6,546,000 |
| Net PPE | $12,219,000 | $14,371,000 | $13,430,000 | $14,258,000 |
| Accumulated Depreciation | $-24,848,000 | $-27,273,000 | $-26,938,000 | $-24,979,000 |
| Gross PPE | $37,067,000 | $41,644,000 | $40,368,000 | $39,237,000 |
| Other Properties | $26,460,000 | $28,946,000 | $26,794,000 | $26,978,000 |
| Machinery Furniture Equipment | $6,680,000 | $6,523,000 | $7,385,000 | $6,822,000 |
| Buildings And Improvements | $3,927,000 | $6,027,000 | $6,041,000 | $5,289,000 |
| Land And Improvements | $0 | $148,000 | $148,000 | $148,000 |
| Properties | $0 | $0 | $0 | $0 |
| Inventories Adjustments Allowances | $-1,853,000 | $-1,446,000 | $-1,170,000 | $-1,144,000 |
| Finished Goods | $970,000 | $1,070,000 | $934,000 | $671,000 |
| Work In Process | $1,003,000 | $892,000 | $1,033,000 | $1,238,000 |
| Raw Materials | $20,575,000 | $21,122,000 | $20,863,000 | $21,673,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $2,082,000 | $-3,520,000 | $485,000 | $2,961,000 |
| Operating Activities | ||||
| Operating Cash Flow | $2,743,000 | $-2,250,000 | $1,769,000 | $5,402,000 |
| Cash Flow From Continuing Operating Activities | $2,743,000 | $-2,250,000 | $1,769,000 | $5,402,000 |
| Operating Gains Losses | - | $-23,000 | $2,000 | $-87,000 |
| Investing Activities | ||||
| Capital Expenditure | $-661,000 | $-1,270,000 | $-1,284,000 | $-2,441,000 |
| Investing Cash Flow | $-157,000 | $-1,263,000 | $-1,284,000 | $-2,426,000 |
| Cash Flow From Continuing Investing Activities | $-157,000 | $-1,263,000 | $-1,284,000 | $-2,426,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $0 | $-100,000 | $0 | - |
| Financing Cash Flow | $-1,867,000 | $2,765,000 | $-1,281,000 | $-2,667,000 |
| Cash Flow From Continuing Financing Activities | $-1,867,000 | $2,765,000 | $-1,281,000 | $-2,667,000 |
| Net Common Stock Issuance | $0 | $-100,000 | $0 | - |
| Other | ||||
| Repayment Of Debt | $-103,675,000 | $-127,311,000 | $-125,992,000 | $-122,067,000 |
| Issuance Of Debt | $101,785,000 | $130,138,000 | $124,552,000 | $119,349,000 |
| Interest Paid Supplemental Data | $925,000 | $764,000 | $503,000 | $476,000 |
| Income Tax Paid Supplemental Data | $751,000 | $473,000 | $1,751,000 | $237,000 |
| End Cash Position | $1,655,000 | $916,000 | $1,675,000 | $2,481,000 |
| Beginning Cash Position | $916,000 | $1,675,000 | $2,481,000 | $2,225,000 |
| Effect Of Exchange Rate Changes | $20,000 | $-11,000 | $-10,000 | $-53,000 |
| Changes In Cash | $719,000 | $-748,000 | $-796,000 | $309,000 |
| Proceeds From Stock Option Exercised | $23,000 | $38,000 | $159,000 | $51,000 |
| Common Stock Payments | $0 | $-100,000 | $0 | - |
| Net Issuance Payments Of Debt | $-1,890,000 | $2,827,000 | $-1,440,000 | $-2,718,000 |
| Net Long Term Debt Issuance | $-1,890,000 | $2,827,000 | $-1,440,000 | $-2,718,000 |
| Long Term Debt Payments | $-103,675,000 | $-127,311,000 | $-125,992,000 | $-122,067,000 |
| Long Term Debt Issuance | $101,785,000 | $130,138,000 | $124,552,000 | $119,349,000 |
| Net PPE Purchase And Sale | $-157,000 | $-1,263,000 | $-1,284,000 | $-2,355,000 |
| Sale Of PPE | $504,000 | $7,000 | $0 | $15,000 |
| Purchase Of PPE | $-661,000 | $-1,270,000 | $-1,284,000 | $-2,370,000 |
| Change In Working Capital | $1,396,000 | $-3,237,000 | $-5,266,000 | $1,370,000 |
| Change In Other Working Capital | $244,000 | $1,071,000 | $553,000 | $550,000 |
| Change In Payables And Accrued Expense | $1,558,000 | $-6,620,000 | $-260,000 | $3,300,000 |
| Change In Accrued Expense | $212,000 | $-2,664,000 | $-743,000 | $1,084,000 |
| Change In Payable | $1,346,000 | $-3,956,000 | $483,000 | $2,216,000 |
| Change In Account Payable | $1,346,000 | $-3,956,000 | $483,000 | $2,216,000 |
| Change In Prepaid Assets | $2,482,000 | $-2,049,000 | $-147,000 | $317,000 |
| Change In Inventory | $485,000 | $-400,000 | $716,000 | $-2,985,000 |
| Change In Receivables | $-3,373,000 | $4,761,000 | $-6,128,000 | $188,000 |
| Changes In Account Receivables | $-1,951,000 | $4,405,000 | $-3,432,000 | $-1,746,000 |
| Stock Based Compensation | $503,000 | $461,000 | $423,000 | $334,000 |
| Provisionand Write Offof Assets | $366,000 | $118,000 | $50,000 | $-143,000 |
| Deferred Tax | $-558,000 | $-12,000 | $-2,362,000 | $0 |
| Deferred Income Tax | $-558,000 | $-12,000 | $-2,362,000 | $0 |
| Depreciation Amortization Depletion | $1,288,000 | $1,738,000 | $2,050,000 | $1,918,000 |
| Depreciation And Amortization | $1,288,000 | $1,738,000 | $2,050,000 | $1,918,000 |
| Amortization Cash Flow | $18,000 | $89,000 | $159,000 | $150,000 |
| Amortization Of Intangibles | $18,000 | $89,000 | $159,000 | $150,000 |
| Depreciation | $1,270,000 | $1,649,000 | $1,891,000 | $1,768,000 |
| Gain Loss On Sale Of PPE | $0 | $-23,000 | $0 | $-15,000 |
| Net Income From Continuing Operations | $-252,000 | $-1,295,000 | $6,874,000 | $2,010,000 |
| Net Intangibles Purchase And Sale | - | - | $0 | $-71,000 |
| Purchase Of Intangibles | - | - | $0 | $-71,000 |
| Net Foreign Currency Exchange Gain Loss | - | - | $2,000 | $-72,000 |
| Net Short Term Debt Issuance | - | - | - | - |
| Other Non Cash Items | - | - | - | - |
| Asset Impairment Charge | - | - | - | - |