- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
Nortech Systems Incorporated(NSYS)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NSYS
09/25/2026: NSYS (1-star) is currently NOT-A-BUY. Pass it for now.
Nortech Systems is a US-listed contract manufacturing firm providing specialized electromechanical assembly, primarily for the medical and industrial sectors. The company is known for its ability to handle complex, high-reliability production tasks, which creates a competitive niche away from larger, lower-cost rivals. While its focus on regulated industries provides a steady customer base, the company remains subject to revenue concentration and the volatility of component pricing. Future success hinges on its ability to maintain quality standards and expand its high-margin engineering services. Investors should monitor quarterly contract win rates and operating margins, keeping in mind that the stock is better suited for those who understand the cyclical nature of small-cap manufacturing.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company relies on industry demand cycles rather than explosive top-line growth, making it a conservative growth play. |
| Momentum investor | Weak fit | The stock often lacks the high-volume trading and consistent upward price velocity required for momentum strategies. |
| Value investor | Mixed fit | Investors may find interest if the company is trading at a discount to its tangible asset value or long-term growth potential. |
| Dividend investor | Weak fit | Nortech does not provide dividend income, making it unsuitable for income-focused portfolios. |
| Low-risk investor | Weak fit | Small-cap manufacturing stocks can experience significant price volatility based on quarterly customer wins and economic conditions. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Small-cap stocks in the EMS sector can see significant price swings based on contract updates. |
| Valuation risk | Medium | As a smaller player, the stock can be susceptible to valuation adjustments based on market sentiment. |
| Competition risk (Contract Manufacturing) | High | Nortech competes against larger, better-capitalized firms for high-volume contracts. |
| Business quality | Medium | While specialized, the business operates with tight margins and heavy reliance on customer capital expenditures. |
| Dividend income | Low / none | There is no dividend component to total return expectations. |
| Execution risk | Medium / high | Failure to manage supply chains or project timelines can lead to rapid earnings degradation. |
Price Behavior

Rolling Over
The price momentum is slowing down and beginning to turn downward.

Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 2.1% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 32.19M USD | Price to earnings Ratio 31.33 | 1Y Target Price - |
Price to earnings Ratio 31.33 | 1Y Target Price - | ||
Volume (30-day avg) 14.9K shares | Beta -0.07 | 52 Weeks Range 6.50 - 18.01 | Updated Date 09/25/2026 |
52 Weeks Range 6.50 - 18.01 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.36 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Manufacturing Services | Assembly of printed circuit boards, cables, and complex electromechanical systems for medical and industrial clients. | Revenue is primarily driven by contract manufacturing services where the company acts as a production partner for other firms. |
| Engineering Services | Design, prototyping, and testing services for new electronic products. | These services often serve as a lead-in to manufacturing contracts, providing a sticky entry point with clients. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 31.33 | Forward PE - | Enterprise Value 49.06M | Price to Sales(TTM) 0.26 |
Enterprise Value 49.06M | Price to Sales(TTM) 0.26 | ||
Enterprise Value to Revenue 0.39 | Enterprise Value to EBITDA 13.1 | Shares Outstanding 2.85M | Shares Floating 1.00M |
Shares Outstanding 2.85M | Shares Floating 1.00M | ||
Percent Insiders 64.03 | Percent Institutions 8.07 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Nortech Systems Incorporated
Exchange NASDAQ | Headquarters 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 685 | Website https://www.nortechsys.com |
Full time employees 685 | 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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.

