NASDAQ
NSYS

Nortech Systems Incorporated

Medical Devices
Healthcare

Prices are adjusted according to historical splits.

Nortech Systems Incorporated Stock Price

Vitals

Today's Low:
$9.47
Today's High:
$9.66
Open Price:
$9.63
52W Low:
$8.76
52W High:
$16.52
Prev. Close:
$9.65
Volume:
2892

Company Statistics

Market Cap.:
$26.42 million
Book Value:
10.682
Revenue TTM:
$140.80 million
Operating Margin TTM:
3.44%
Gross Profit TTM:
$20.48 million
Profit Margin:
1.75%
Return on Assets TTM:
4.33%
Return on Equity TTM:
8.75%

Company Profile

Nortech Systems Incorporated had its IPO on 1993-06-24 under the ticker symbol NSYS.

The company operates in the Healthcare sector and Medical Devices industry. Nortech Systems Incorporated has a staff strength of 782 employees.

Stock update

Shares of Nortech Systems Incorporated opened at $9.63 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.47 - $9.66, and closed at $9.64.

This is a -0.1% slip from the previous day's closing price.

A total volume of 2,892 shares were traded at the close of the day’s session.

In the last one week, shares of Nortech Systems Incorporated have slipped by -2.72%.

Nortech Systems Incorporated's Key Ratios

Nortech Systems Incorporated has a market cap of $26.42 million, indicating a price to book ratio of 1.3004 and a price to sales ratio of 0.2708.

In the last 12-months Nortech Systems Incorporated’s revenue was $140.80 million with a gross profit of $20.48 million and an EBITDA of $6.82 million. The EBITDA ratio measures Nortech Systems Incorporated's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Nortech Systems Incorporated’s operating margin was 3.44% while its return on assets stood at 4.33% with a return of equity of 8.75%.

In Q2, Nortech Systems Incorporated’s quarterly earnings growth was a negative -12% while revenue growth was a positive 7.7%.

Nortech Systems Incorporated’s PE and PEG Ratio

Forward PE
0
Trailing PE
11.3541
PEG
0

Its diluted EPS in the last 12-months stands at $0.85 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Nortech Systems Incorporated’s profitability.

Nortech Systems Incorporated stock is trading at a EV to sales ratio of 0.4171 and a EV to EBITDA ratio of 5.3342. Its price to sales ratio in the trailing 12-months stood at 0.2708.

Nortech Systems Incorporated stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$68.43 million
Total Liabilities
$24.40 million
Operating Cash Flow
$0
Capital Expenditure
$460000
Dividend Payout Ratio
0%

Nortech Systems Incorporated ended 2024 with $68.43 million in total assets and $0 in total liabilities. Its intangible assets were valued at $68.43 million while shareholder equity stood at $29.49 million.

Nortech Systems Incorporated ended 2024 with $0 in deferred long-term liabilities, $24.40 million in other current liabilities, 27000.00 in common stock, $13.11 million in retained earnings and $0 in goodwill. Its cash balance stood at $781000.00 and cash and short-term investments were $781000.00. The company’s total short-term debt was $1,453,000 while long-term debt stood at $7.02 million.

Nortech Systems Incorporated’s total current assets stands at $54.35 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $28.99 million compared to accounts payable of $15.34 million and inventory worth $21.08 million.

In 2024, Nortech Systems Incorporated's operating cash flow was $0 while its capital expenditure stood at $460000.

Comparatively, Nortech Systems Incorporated paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$9.64
52-Week High
$16.52
52-Week Low
$8.76
Analyst Target Price
$

Nortech Systems Incorporated stock is currently trading at $9.64 per share. It touched a 52-week high of $16.52 and a 52-week low of $16.52. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $9.76 and 200-day moving average was $11.49 The short ratio stood at 0.19 indicating a short percent outstanding of 0%.

Around 6814.6% of the company’s stock are held by insiders while 360% are held by institutions.

Frequently Asked Questions About Nortech Systems Incorporated

The stock symbol (also called stock or share ticker) of Nortech Systems Incorporated is NSYS

The IPO of Nortech Systems Incorporated took place on 1993-06-24

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About

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.

Address

7550 Meridian Circle North, Maple Grove, MN, United States, 55369