NSYS Stock Price, Nortech Systems Inc Quote, Chart

Market Summary

USD11.96+0.60

Market Closed

5.28%

NSYS Stock Price

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NSYS RSI Chart

NSYS Valuation

Market Cap

33.0M

Price/Earnings (Trailing)

4.74

Price/Sales (Trailing)

0.24

EV/EBITDA

3.64

Price/Free Cashflow

24.48

NSYS Price/Sales (Trailing)

NSYS Profitability

EBT Margin

3.97%

Return on Equity

19.32%

Return on Assets

9.22%

Free Cashflow Yield

4.09%

NSYS Fundamentals

NSYS Revenue

Revenue (TTM)

138.7M

Rev. Growth (Yr)

-1.93%

Rev. Growth (Qtr)

-5.1%

NSYS Earnings

Earnings (TTM)

7.0M

Earnings Growth (Yr)

12.33%

Earnings Growth (Qtr)

-82.42%

Breaking Down NSYS Revenue

Last 7 days

-25.2%

Last 30 days

-27.6%

Last 90 days

1.8%

Trailing 12 Months

28.8%

How does NSYS drawdown profile look like?

NSYS Financial Health

Current Ratio

2.3

Debt/Equity

0.09

Debt/Cashflow

0.85

NSYS Investor Care

Shares Dilution (1Y)

2.08%

Diluted EPS (TTM)

2.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	138.7M	0	0	0
2023	138.3M	140.8M	138.9M	139.3M
2022	123.8M	126.1M	132.0M	134.1M
2021	98.7M	102.5M	105.5M	115.2M
2020	115.6M	114.8M	111.1M	104.1M
2019	115.1M	113.8M	114.3M	116.3M
2018	110.5M	108.9M	110.1M	113.4M
2017	116.0M	117.2M	115.8M	112.3M
2016	117.6M	119.7M	119.1M	116.6M
2015	112.4M	111.8M	114.2M	115.2M
2014	111.3M	110.2M	110.9M	112.0M
2013	104.5M	104.9M	106.8M	111.1M
2012	113.6M	113.8M	111.0M	106.9M
2011	103.4M	107.0M	110.6M	114.2M
2010	0	0	0	99.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Nortech Systems Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 10, 2023	fredregill amy s.	acquired	21,127	9.39	2,250	-
Nov 10, 2023	peris jose antonio	acquired	21,127	9.39	2,250	-
May 17, 2023	rosenstone steven j	sold (taxes)	-3,293	9.25	-356	-
May 17, 2023	rosenstone steven j	acquired	3,290	3.29	1,000	-
May 12, 2023	kunin david b	acquired	28,170	9.39	3,000	-
May 12, 2023	kruse stacy a	acquired	28,170	9.39	3,000	-
May 12, 2023	graff david j.	acquired	28,170	9.39	3,000	-
May 12, 2023	sachs dan	acquired	28,170	9.39	3,000	-
May 12, 2023	rosenstone steven j	acquired	28,170	9.39	3,000	-
May 12, 2023	mcmanus ryan	acquired	28,170	9.39	3,000	-

Which funds bought or sold NSYS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Royal Bank of Canada	unchanged	-	50,000	172,000	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	7.35	1,670	4,873	-%
May 13, 2024	RENAISSANCE TECHNOLOGIES LLC	reduced	-1.37	191,000	671,000	-%
May 13, 2024	UBS Group AG	added	272	28,816	35,551	-%
May 13, 2024	FMR LLC	new	-	1,268	1,268	-%
May 10, 2024	JPMORGAN CHASE & CO	added	100	17.00	27.00	-%
May 10, 2024	VANGUARD GROUP INC	new	-	139,895	139,895	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	unchanged	-	27.00	93.00	-%
May 03, 2024	Chevy Chase Trust Holdings, LLC	unchanged	-	71,640	243,357	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%

Are Funds Buying or Selling NSYS?

Are funds buying NSYS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NSYS

No. of Funds

Recent SEC filings of Nortech Systems Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	8-K	Current Report
May 16, 2024	8-K	Current Report
May 14, 2024	10-Q	Quarterly Report
Apr 03, 2024	DEF 14A	DEF 14A
Apr 02, 2024	DEFA14A	DEFA14A
Mar 20, 2024	8-K	Current Report
Mar 20, 2024	10-K	Annual Report
Mar 05, 2024	8-K	Current Report
Feb 13, 2024	4	Insider Trading

Peers (Alternatives to Nortech Systems Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ABT	181.0B	40.3B	-1.75%	-4.07%	32.18	4.49	-2.84%	-3.08%
BDX	68.3B	19.7B	1.78%	-6.05%	51.24	3.46	4.82%	-17.56%
ALGN	20.4B	3.9B	-9.57%	-7.50%	44.2	5.22	5.72%	46.72%
BAX	18.0B	14.9B	-10.73%	-18.01%	6.79	1.21	2.98%	207.68%
MID-CAP
ATR	9.8B	3.5B	6.68%	24.08%	31.27	2.76	6.16%	35.06%
HSIC	9.6B	12.5B	6.31%	-2.51%	24.63	0.77	-0.61%	-18.83%
BIO	8.4B	2.6B	1.13%	-22.65%	-26.02	3.22	-6.25%	-68.62%
XRAY	5.9B	3.9B	-6.79%	-30.12%	-62.84	1.49	0.23%	91.03%
AXNX	3.4B	387.1M	0.52%	31.17%	-216.3	8.9	30.82%	65.57%
PDCO	2.3B	6.6B	0.19%	-5.50%	11.93	0.35	2.78%	-0.87%
SMALL-CAP
AHCO	1.3B	3.2B	5.94%	-10.00%	-1.91	0.41	7.94%	-1661.78%
ANIK	376.6M	169.3M	-1.13%	-2.23%	-4.9	2.23	7.49%	-244.90%
ANGO	241.9M	324.0M	-4.58%	-37.15%	-1.26	0.75	-3.19%	-337.41%
APYX	56.1M	50.5M	22.73%	-73.49%	-2.46	1.11	14.25%	-10.06%
AEMD	1.1M	3.7M	-71.13%	32.26%	-0.09	0.29	5.77%	8.23%

Nortech Systems Inc News

Latest updates

Nortech Systems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-5.1%	34,215	36,054	33,369	35,021	34,888	35,618	35,276	32,518	30,711	33,462	29,452	30,182	22,072	23,843	26,362	26,461	27,440	30,818	30,058	27,292	28,165
Gross Profit	-20.2%	5,448	6,827	5,319	5,474	5,484	5,104	6,328	5,004	4,044	2,677	8,041	3,585	1,561	1,856	1,962	2,725	3,005	3,655	3,635	2,325	2,961
Operating Expenses	3.4%	4,293	4,150	4,195	4,375	4,431	4,355	4,383	3,979	3,875	3,553	3,125	3,179	3,736	5,621	-747	2,676	2,614	2,831	2,922	3,534	3,065
S&GA Expenses	-3.2%	805	832	923	953	890	967	959	960	833	620	449	571	721	529	594	730	621	576	589	797	761
R&D Expenses	8.9%	318	292	314	317	276	309	475	351	328	135	141	207	-	-	-	-	-	-	-	-	-
EBITDA Margin	1.8%	0.06*	0.06*	0.04*	0.05*	0.05*	0.04*	0.08*	0.10*	0.10*	0.09*	0.01*	-0.01*	-	-	-	-	-	-	-	-	-
Interest Expenses	36.9%	167	122	130	125	110	74.00	122	117	98.00	116	112	116	86.00	94.00	126	176	224	263	256	279	245
Income Taxes	112.4%	223	-1,797	-213	340	262	1,056	289	189	-67.00	211	1,247	111	-707	-328	612	-4.00	30.00	287	44.00	64.00	14.00
Earnings Before Taxes	-61.3%	988	2,555	994	974	943	675	1,823	908	71.00	5,180	4,804	290	-2,261	-3,859	2,583	-127	167	561	457	-1,488	-349
EBT Margin	1.3%	0.04*	0.04*	0.03*	0.03*	0.03*	0.03*	0.06*	0.09*	0.08*	0.07*	-0.01*	-0.03*	-	-	-	-	-	-	-	-	-
Net Income	-82.4%	765	4,352	1,207	634	681	-381	1,534	719	138	4,969	3,557	179	-1,554	-3,531	1,971	-123	137	274	413	-1,552	-363
Net Income Margin	1.7%	0.05*	0.05*	0.02*	0.02*	0.02*	0.01*	0.06*	0.07*	0.07*	0.06*	-0.01*	-0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	462.4%	2,084	-575	1,735	-1,897	1,222	3,719	2,435	-4,084	962	-1,782	2,042	-4,988	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.4%	75,452	75,127	65,987	68,434	70,055	69,540	73,114	71,490	67,911	67,091	66,513	62,812	57,500	57,634	59,957	61,078	63,103	61,410	66,779	65,329	69,676
Current Assets	0.5%	59,116	58,793	52,594	54,354	55,569	54,860	58,145	56,455	52,818	51,774	51,134	46,172	40,372	41,037	40,817	43,649	45,456	43,284	48,260	46,773	50,530
Cash Equivalents	319.6%	4,028	960	699	781	1,267	1,027	1,300	944	841	643	444	661	384	352	328	345	730	660	160	399	310
Inventory	6.0%	22,951	21,660	21,467	21,078	21,344	22,438	23,610	22,970	21,187	19,434	20,643	18,301	17,079	13,917	14,496	15,492	15,363	14,279	16,941	16,273	15,984
Net PPE	-5.8%	6,134	6,513	6,135	6,485	6,543	6,408	6,457	6,144	5,922	5,833	5,803	5,744	5,920	6,426	6,631	9,371	9,338	9,581	9,710	9,512	9,886
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,375	2,375	2,375	2,375	2,375	2,375	2,375
Liabilities	-0.8%	39,446	39,783	35,279	38,945	41,150	41,460	44,931	44,587	41,576	40,980	45,477	45,399	40,349	38,916	37,831	41,055	43,012	41,434	47,144	46,082	48,746
Current Liabilities	-3.2%	25,721	26,582	23,199	24,399	27,449	26,398	26,570	24,290	24,713	22,306	32,881	31,432	22,694	19,536	18,246	21,883	23,787	22,232	25,616	24,824	28,144
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,401	3,513
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	3,198	3,049	1,964	1,204	444	444	444	444	444	878	586
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,401	3,513
Shareholder's Equity	1.9%	36,006	35,344	30,708	29,489	28,905	28,080	28,183	26,903	26,335	26,111	21,036	17,420	17,151	18,718	22,126	20,023	20,091	19,976	19,635	19,247	20,930
Retained Earnings	4.1%	19,435	18,670	14,318	13,111	12,477	11,826	12,207	10,673	9,954	9,816	4,850	1,287	1,108	2,662	6,193	4,222	4,345	4,208	3,934	3,521	5,073
Additional Paid-In Capital	0.5%	17,009	16,929	16,801	16,712	16,481	16,347	16,247	16,136	16,043	15,962	15,926	15,862	15,837	15,816	15,859	15,823	15,787	15,748	15,713	15,682	15,757
Shares Outstanding	-100.0%	-	2,691	2,739	2,737	2,701	2,672	2,687	2,683	2,681	2,672	2,662	2,659	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	12,357	-	17,607	-	-	-	-	-	9,859	-	-	-	5,181	-	-	-	4,951	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	786.4%	2,828	-412	1,900	-1,437	1,718	4,402	2,940	-3,431	1,491	-1,688	2,581	-4,537	-896	1,462	-571	6.00	466	1,230	2,010	-805	-1,438
Share Based Compensation	-35.5%	80.00	124	107	93.00	99.00	100	93.00	93.00	48.00	-90.00	41.00	139	21.00	-83.00	76.00	36.00	39.00	35.00	35.00	31.00	160
Cashflow From Investing	-350.9%	-735	-163	-165	-460	-496	-711	-507	-694	-514	-109	21.00	-370	-272	-97.00	5,844	-176	-71.00	64.00	-252	-174	-396
Cashflow From Financing	-75.2%	274	1,107	-2,532	1,217	-1,073	-3,249	-1,516	3,683	-1,585	2,579	-2,412	5,179	-1,415	505	-4,333	-51.00	-80.00	-2,588	-607	1,046	1,624
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.00	113	13.00

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NSYS Income Statement

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net sales	$ 34,215	$ 34,888
Cost of goods sold	28,767	29,404
Gross profit	5,448	5,484
Operating Expenses
Selling expenses	805	890
General and administrative expenses	3,170	3,265
Research and development expenses	318	276
Total operating expenses	4,293	4,431
Income from operations	1,155	1,053
Other expense
Interest expense	(167)	(110)
Total other expense	(167)	(110)
Income before income taxes	988	943
Income tax expense	223	262
Net income	$ 765	$ 681
Income per common share: (in dollars per share)	$ 0.28	$ 0.25
Weighted average number of common shares outstanding - basic (in shares)	2,742,511	2,692,033
Diluted (in dollars per share)	$ 0.26	$ 0.23
Weighted average number of common shares outstanding - dilutive (in shares)	2,908,457	2,903,635
Other comprehensive income
Foreign currency translation (loss) gain	$ (183)	$ 40
Comprehensive income, net of tax	$ 582	$ 721

NSYS Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash	$ 4,028	$ 960
Restricted cash	0	715
Accounts receivable, less allowances of $292 and $358, respectively	16,051	19,279
Inventories, net	22,951	21,660
Contract assets	14,194	14,481
Prepaid assets and other assets	1,892	1,698
Total current assets	59,116	58,793
Property and equipment, net	6,134	6,513
Operating lease assets, net	7,339	6,917
Deferred tax assets	2,640	2,641
Other intangible assets, net	223	263
Total assets	75,452	75,127
Current liabilities:
Current portion of finance lease obligations	296	356
Current portion of operating lease obligations	1,235	1,033
Accounts payable	15,217	15,924
Accrued payroll and commissions	4,771	4,138
Customer deposits	3,139	4,068
Other accrued liabilities	1,063	1,063
Total current liabilities	25,721	26,582
Long-term liabilities:
Long-term line of credit	6,170	5,815
Long-term finance lease obligations, net of current portion	168	209
Long-term operating lease obligations, net of current portion	6,977	6,763
Other long-term liabilities	410	414
Total long-term liabilities	13,725	13,201
Total liabilities	39,446	39,783
Shareholders' equity:
Preferred stock, $1 par value; 1,000,000 shares authorized; 250,000 shares issued and outstanding	250	250
Common stock - $0.01 par value; 9,000,000 shares authorized; 2,747,678 and 2,740,178 shares issued and outstanding, respectively	27	27
Additional paid-in capital	17,009	16,929
Accumulated other comprehensive loss	(715)	(532)
Retained earnings	19,435	18,670
Total shareholders' equity	36,006	35,344
Total liabilities and shareholders' equity	$ 75,452	$ 75,127

About Nortech Systems Inc

Nortech Systems Incorporated provides design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China. It offers a range of technical and manufacturing, and support services, including project management, designing, testing, prototyping, manufacturing, supply chain management, and post-market services. The company also provides manufacturing and engineering services for medical devices, printed circuit board assemblies, wire and cable assemblies, and higher-level electromechanical assemblies. In addition, it offers engineering and repair services. The company serves original equipment manufacturers in the medical, 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.

CEO	Mr. Jay Dean Miller
WEBSITE	nortechsys.com
INDUSTRY	Medical Instruments & Supplies
EMPLOYEES	782

Nortech Systems Inc Frequently Asked Questions

What is the ticker symbol for Nortech Systems Inc? What does NSYS stand for in stocks?

NSYS is the stock ticker symbol of Nortech Systems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Nortech Systems Inc (NSYS)?

As of Fri May 17 2024, market cap of Nortech Systems Inc is 32.97 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NSYS stock?

You can check NSYS's fair value in chart for subscribers.

What is the fair value of NSYS stock?

You can check NSYS's fair value in chart for subscribers. The fair value of Nortech Systems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Nortech Systems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NSYS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Nortech Systems Inc a good stock to buy?

The fair value guage provides a quick view whether NSYS is over valued or under valued. Whether Nortech Systems Inc is cheap or expensive depends on the assumptions which impact Nortech Systems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NSYS.

What is Nortech Systems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NSYS's PE ratio (Price to Earnings) is 4.74 and Price to Sales (PS) ratio is 0.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NSYS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Nortech Systems Inc's stock?

In the past 10 years, Nortech Systems Inc has provided 0.099 (multiply by 100 for percentage) rate of return.