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Upturn AI SWOT - About
NSYS 
Nortech Systems Incorporated (NSYS)
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Upturn Advisory Summary
09/16/2025: NSYS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -26.35% | Avg. Invested days 19 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/16/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 23.58M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.26 | 52 Weeks Range 7.25 - 15.55 | Updated Date 06/29/2025 |
52 Weeks Range 7.25 - 15.55 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.23 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -2.79% | Operating Margin (TTM) -5.01% |
Management Effectiveness
Return on Assets (TTM) -1.78% | Return on Equity (TTM) -9.81% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 44235880 | Price to Sales(TTM) 0.2 |
Enterprise Value 44235880 | Price to Sales(TTM) 0.2 | ||
Enterprise Value to Revenue 0.37 | Enterprise Value to EBITDA 6.53 | Shares Outstanding 2760990 | Shares Floating 913502 |
Shares Outstanding 2760990 | Shares Floating 913502 | ||
Percent Insiders 66.24 | Percent Institutions 5.29 |
Upturn AI SWOT
Nortech Systems Incorporated
Company Overview
History and Background
Nortech Systems Incorporated was founded in 1990 and has evolved into a provider of engineering and manufacturing solutions for complex electromedical and electromechanical devices. The company initially focused on cable assembly and has expanded through organic growth and acquisitions to offer a broader range of services.
Core Business Areas
- Medical: Provides contract manufacturing services for medical devices and equipment, including design, engineering, and manufacturing. Focus on FDA compliance.
- Industrial: Offers engineering and manufacturing solutions for industrial customers, focusing on high-reliability, mission-critical applications, and cable assembly.
- Aerospace & Defense: Provides solutions for customers in the aerospace and defense industries. It is important to know that this does not represent a significant portion of its revenues as of 2024.
Leadership and Structure
The leadership team consists of Jay D. Miller, CEO and President, along with other key executives in finance, operations, and sales. The company operates under a functional organizational structure.
Top Products and Market Share
Key Offerings
- Printed Circuit Board Assemblies (PCBA): Provides PCBA manufacturing services for a variety of applications. No significant market share data available. Competitors include Kimball Electronics, Plexus Corp, and other contract manufacturers.
- Cable and Wire Harness Assemblies: Offers custom cable and wire harness solutions. No significant market share data available. Competitors include Methode Electronics, Amphenol, and TE Connectivity.
- Box Build Assembly: Integration of PCBs and cable/harness assemblies into fully enclosed products. No significant market share data available. Competitors include various contract manufacturers like Jabil and Flex.
Market Dynamics
Industry Overview
The contract manufacturing industry is experiencing growth, driven by increasing outsourcing trends, technological advancements, and global supply chain complexities. Demand is particularly strong in the medical device sector.
Positioning
Nortech Systems Incorporated is positioned as a mid-sized contract manufacturer focusing on high-mix, low-to-medium volume production runs. It differentiates itself through its engineering expertise and focus on regulated industries.
Total Addressable Market (TAM)
The global electronics manufacturing services (EMS) market is expected to reach hundreds of billions of dollars. Nortech Systems' portion of the TAM is tied to their specific products. TAM is expected to reach $682 Billion by 2030. Nortech captures a small share of this total amount.
Upturn SWOT Analysis
Strengths
- Strong engineering capabilities
- Focus on regulated industries (medical)
- Long-standing customer relationships
- Flexible manufacturing capabilities
Weaknesses
- Limited scale compared to larger EMS providers
- Dependence on a few key customers
- Thin profit margins
- Limited Financial Resources
Opportunities
- Expanding into new geographic markets
- Acquiring complementary businesses
- Increasing outsourcing trends in the medical device industry
- Leveraging technological advancements
Threats
- Intense competition from larger EMS providers
- Economic downturns affecting customer demand
- Supply chain disruptions
- Regulatory changes
Competitors and Market Share
Key Competitors
- Kimball Electronics, Inc. (KE)
- Plexus Corp. (PLXS)
- Benchmark Electronics, Inc. (BHE)
Competitive Landscape
Nortech Systems Incorporated faces intense competition from larger EMS providers with greater scale and resources. Its advantages lie in its engineering expertise and focus on regulated industries, but it needs to improve profitability.
Growth Trajectory and Initiatives
Historical Growth: Nortech Systems Incorporated's historical growth has been moderate, driven by organic growth and strategic acquisitions.
Future Projections: Analyst projections for Nortech Systems Incorporated's future growth are not available without access to current analyst reports.
Recent Initiatives: Recent initiatives are designed to increase revenue and improve bottom line performance. Examples include expanding operations, securing new accounts, and controlling operational costs.
Summary
Nortech Systems Incorporated is a mid-sized player in the EMS market focused on medical and industrial sectors. Their strengths in engineering and regulated industries are positives, but their small size and thin margins pose challenges. To succeed, the company must focus on expanding its customer base, improving operational efficiency, and leveraging its engineering capabilities. The company will need to focus on a customer first culture to see consistent improvements in sales.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share estimates are approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Nortech Systems Incorporated
Exchange NASDAQ | Headquaters Maple Grove, MN, United States | ||
IPO Launch date 1993-06-24 | President, CEO & Director Mr. Jay Dean Miller | ||
Sector Healthcare | Industry Medical Devices | Full time employees 701 | Website https://www.nortechsys.com |
Full time employees 701 | Website https://www.nortechsys.com | ||
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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