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NSYS

Nortech Systems Incorporated

Price Chart
Latest Quote

$17.58

+0.09 (+0.51%)
Current Price
Previous Close $17.49
Open $17.57
Day High $17.59
Day Low $17.00
Volume 13,902
Fetched: 2026-06-23T06:34:03
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
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📊 Comprehensive Analysis
Company Data
Enterprise Value$65.41M
Sales$121.79M
Income$1.03M
Book/sh$12.37
Cash/sh$0.70
Employees685
Financial Ratios
Quick Ratio1.08
Current Ratio1.84
Debt/Eq51.84
Returns & Margins
ROA2.19%
ROE3.05%
Gross Margin16.12%
Operating Margin0.15%
Profit Margin0.85%
Ownership
Insider Ownership65.39%
Institutional Ownership3.52%
Insider & Institutional transactions data not available
Valuation Ratios
P/S0.39
P/B1.36
Analyst Data
Recommendationnone
Technical Indicators
SMA20$16.26
SMA50$14.64
SMA200$10.40
RSI46.07
ATR1.0121
Shares Float991K
Short Float1.25%
Short Ratio0.57
Volatility0.01
Rel Volume0.27
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%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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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.

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Income 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 - - - -
Fetched: 2026-06-21
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
Fetched: 2026-06-21
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 - - - -
Fetched: 2026-06-21