NSYS - Nortech Systems Inc Stock Price, Fair Value and News

16.34USD-0.10 (-0.61%)Delayed as of 22 Apr 2024, 10:46 am ET

Market Summary

USD16.34-0.10

Delayedas of 22 Apr 2024, 10:46 am

-0.61%

NSYS Stock Price

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NSYS RSI Chart

NSYS Valuation

Market Cap

45.0M

Price/Earnings (Trailing)

6.55

Price/Sales (Trailing)

0.32

EV/EBITDA

5.62

Price/Free Cashflow

92.88

NSYS Price/Sales (Trailing)

NSYS Profitability

EBT Margin

3.92%

Return on Equity

19.45%

Return on Assets

9.15%

Free Cashflow Yield

1.08%

NSYS Fundamentals

NSYS Revenue

Revenue (TTM)

139.3M

Rev. Growth (Yr)

1.22%

Rev. Growth (Qtr)

8.05%

NSYS Earnings

Earnings (TTM)

6.9M

Earnings Growth (Yr)

1.2K%

Earnings Growth (Qtr)

260.56%

Breaking Down NSYS Revenue

52 Week Range

8.3616.44

(Low)(High)

Last 7 days

0.4%

Last 30 days

50.2%

Last 90 days

71.8%

Trailing 12 Months

54.7%

How does NSYS drawdown profile look like?

NSYS Financial Health

Current Ratio

2.21

Debt/Equity

0.1

Debt/Cashflow

0.52

NSYS Investor Care

Shares Dilution (1Y)

1.46%

Diluted EPS (TTM)

2.38

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
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
Feb 14, 2024	Royal Bank of Canada	unchanged	-	3,000	122,000	-%
Feb 13, 2024	RENAISSANCE TECHNOLOGIES LLC	added	0.79	12,000	480,000	-%
Feb 13, 2024	Tower Research Capital LLC (TRC)	added	78.01	1,436	3,203	-%
Feb 12, 2024	JPMORGAN CHASE & CO	unchanged	-	1.00	10.00	-%
Feb 09, 2024	UBS Group AG	new	-	6,735	6,735	-%
Feb 09, 2024	WELLS FARGO & COMPANY/MN	added	16.67	10.00	66.00	-%
Feb 07, 2024	DIMENSIONAL FUND ADVISORS LP	sold off	-100	-94,283	-	-%
Feb 07, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Jan 24, 2024	Chevy Chase Trust Holdings, LLC	unchanged	-	3,099	171,717	-%

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
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	186.2B	40.1B	-3.77%	-2.76%	32.53	4.64	-8.12%	-17.45%
BDX	67.7B	19.5B	-1.53%	-10.57%	53.87	3.47	4.02%	-22.04%
ALGN	22.5B	3.9B	-9.16%	-15.16%	50.45	5.81	3.42%	23.09%
BAX	20.0B	14.8B	-5.62%	-8.72%	7.55	1.35	2.12%	209.17%
MID-CAP
ATR	9.2B	3.5B	-0.49%	17.01%	32.33	2.64	4.97%	18.89%
HSIC	9.1B	12.3B	-5.22%	-14.61%	21.9	0.74	-2.44%	-22.68%
BIO	8.2B	2.7B	-16.90%	-39.13%	-12.81	3.06	-4.68%	82.43%
XRAY	6.3B	4.0B	-8.41%	-25.34%	-47.02	1.6	1.10%	85.84%
AXNX	3.4B	366.4M	-2.66%	12.41%	-562.64	9.32	33.86%	89.83%
PDCO	2.3B	6.6B	-4.93%	-3.92%	12.05	0.35	2.78%	-0.87%
SMALL-CAP
AHCO	1.2B	3.2B	-14.38%	-20.49%	-1.83	0.39	7.73%	-1066.14%
ANIK	383.7M	166.7M	0.86%	-5.21%	-4.64	2.3	6.67%	-456.34%
ANGO	250.7M	324.0M	11.81%	-29.38%	-1.3	0.77	-3.19%	-337.41%
APYX	45.7M	52.3M	-28.65%	-55.25%	-2.44	0.87	17.61%	19.28%
AEMD	3.8M	3.7M	-10.98%	147.46%	-0.31	1.02	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	8.0%	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	28,827
Gross Profit	28.4%	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	3,079
Operating Expenses	-1.1%	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	3,093
S&GA Expenses	-9.9%	832	923	953	890	967	959	960	833	620	449	571	721	529	594	730	621	576	589	797	761	837
R&D Expenses	-7.0%	292	314	317	276	309	475	351	328	135	141	207	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	32.7%	0.06*	0.04*	0.05*	0.05*	0.04*	0.08*	0.10*	0.10*	0.09*	0.01*	-0.01*	-0.01*	-	-	-	-	-	-	-	-	-
Interest Expenses	-6.2%	122	130	125	110	74.00	122	117	98.00	116	112	116	86.00	94.00	126	176	224	263	256	279	245	206
Income Taxes	-743.7%	-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	-23.50
Earnings Before Taxes	157.0%	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	-220
EBT Margin	51.9%	0.04*	0.03*	0.03*	0.03*	0.03*	0.06*	0.09*	0.08*	0.07*	-0.01*	-0.03*	-0.04*	-	-	-	-	-	-	-	-	-
Net Income	260.6%	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	-196
Net Income Margin	220.1%	0.05*	0.02*	0.02*	0.02*	0.01*	0.06*	0.07*	0.07*	0.06*	-0.01*	-0.03*	-0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	-133.1%	-575	1,735	-1,897	1,222	3,719	2,435	-4,084	962	-1,782	2,042	-4,988	-1,104	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	13.9%	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	59,960
Current Assets	11.8%	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	45,856
Cash Equivalents	37.3%	960	699	781	1,267	1,027	1,300	944	841	643	444	661	384	352	328	345	730	660	160	399	310	947
Inventory	0.9%	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	17,004
Net PPE	6.2%	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	10,178
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,375	2,375	2,375	2,375	2,375	2,375	2,375	2,375
Liabilities	12.8%	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	38,870
Current Liabilities	14.6%	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	24,892
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,401	3,513	3,624
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	3,198	3,049	1,964	1,204	444	444	444	444	444	878	586	780
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,401	3,513	3,624
Shareholder's Equity	15.1%	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	21,090
Retained Earnings	30.4%	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	5,436
Additional Paid-In Capital	0.8%	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	15,610
Shares Outstanding	-1.8%	2,691	2,739	2,737	2,701	2,672	2,687	2,683	2,681	2,672	2,662	2,659	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-121.7%	-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	-120
Share Based Compensation	15.9%	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	46.00
Cashflow From Investing	1.2%	-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	-405
Cashflow From Financing	143.7%	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	835
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.00	113	13.00	48.00

NSYS Income Statement

2023-12-31

Consolidated Statements of Income and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Net Sales	$ 139,332	$ 134,123
Cost of Goods Sold	116,228	113,643
Gross Profit	23,104	20,480
Operating Expenses
Selling Expenses	3,598	3,719
General and Administrative Expenses	12,354	11,425
Research and Development Expenses	1,199	1,463
Gain on Sale of Property and Equipment	0	(15)
Total Operating Expenses	17,151	16,592
Income from Operations	5,953	3,888
Interest Expense	(487)	(411)
Total Other Expense	(487)	(411)
Income Before Income Taxes	5,466	3,477
Income Tax (Benefit) Expense	(1,408)	1,467
Net Income	$ 6,874	$ 2,010
Income Per Common Share:
Basic (in dollars per share)	$ 2.53	$ 0.75
Weighted Average Number of Common Shares Outstanding - Basic (in shares)	2,722,135	2,685,378
Diluted (in dollars per share)	$ 2.38	$ 0.7
Weighted Average Number of Common Shares Outstanding - Dilutive (in shares)	2,885,879	2,891,285
Other Comprehensive Income
Foreign Currency Translation Loss	$ (162)	$ (426)
Comprehensive Income, Net of Tax	$ 6,712	$ 1,584

NSYS Balance Sheet

2023-12-31

Consolidated Balance Sheet - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash	$ 960	$ 1,027
Restricted Cash	715	1,454
Accounts Receivable, less Allowances of $358 and $328	19,279	15,975
Employee Retention Credit Receivable	0	2,650
Inventories, Net	21,660	22,438
Contract Assets	14,481	9,982
Prepaid Assets and Other Assets	1,698	1,334
Total Current Assets	58,793	54,860
Property and Equipment, Net	6,513	6,408
Operating Lease Assets	6,917	7,850
Deferred Tax Assets	2,641	0
Other Intangible Assets, Net	263	422
Total Assets	75,127	69,540
Current Liabilities
Current Portion of Finance Lease Obligations	356	390
Current Portion of Operating Leases	1,033	1,155
Accounts Payable	15,924	14,792
Accrued Payroll and Commissions	4,138	4,803
Customer Deposits	4,068	3,515
Other Accrued Liabilities	1,063	1,743
Total Current Liabilities	26,582	26,398
Liabilities, Noncurrent [Abstract]
Long-term Line of Credit	5,815	6,853
Long-Term Finance Lease Obligations, Net of Current Portion	209	565
Long-Tem Operating Lease Obligations, Net of current Portion	6,763	7,549
Other Long-Term Liabilities	414	95
Total Long-Term Liabilities	13,201	15,062
Total Liabilities	39,783	41,460
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; 2,690,633 and 2,672,064 Shares Issued and Outstanding, respectively	27	27
Additional Paid-In Capital	16,929	16,347
Accumulated Other Comprehensive Loss	(532)	(370)
Retained Earnings	18,670	11,826
Total Shareholders' Equity	35,344	28,080
Total Liabilities and Shareholders' Equity	$ 75,127	$ 69,540

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 Apr 19 2024, market cap of Nortech Systems Inc is 45.05 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 Apr 19 2024, NSYS's PE ratio (Price to Earnings) is 6.55 and Price to Sales (PS) ratio is 0.32. 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 0.122 (multiply by 100 for percentage) rate of return.