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Nortech Systems Incorporated (NSYS)

Upturn stock ratingUpturn stock rating
$9.5
Last Close (24-hour delay)
Profit since last BUY0%
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Upturn Advisory Summary

08/28/2025: NSYS (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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 -27.64%
Avg. Invested days 17
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

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

ai summary icon Upturn AI SWOT

Nortech Systems Incorporated

stock logo

Company Overview

overview logo History and Background

Nortech Systems Incorporated, founded in 1990, is a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical devices. It started with a focus on cable assemblies and has evolved into offering a broad range of services, including design, testing, and full product assembly.

business area logo Core Business Areas

  • Medical Device Manufacturing: Manufactures cable assemblies, printed circuit board assemblies (PCBAs), and higher-level assemblies for medical devices.
  • Industrial Equipment Manufacturing: Provides manufacturing services for industrial equipment, including cable assemblies, PCBAs, and box builds.
  • Defense & Aerospace Manufacturing: Provides design, manufacturing and testing of complex interconnection solutions to leading defense & aerospace firms.

leadership logo Leadership and Structure

Jay D. Miller serves as the Chief Executive Officer. The company has a traditional hierarchical structure with functional departments such as engineering, manufacturing, sales, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Cable Assemblies: Designs and manufactures custom cable assemblies for various applications. Competitors include Amphenol (APH) and TE Connectivity (TEL). Market share data is not publicly available. This product contributes a significant portion of their revenue.
  • Printed Circuit Board Assemblies (PCBAs): Provides PCBAs for medical devices, industrial equipment, and other applications. Competitors include Sanmina (SANM) and Jabil (JBL). Market share data is not publicly available. This product contributes a significant portion of their revenue.
  • Box Build Assemblies: Performs full product assembly of complex electromechanical devices. Competitors include Flex (FLEX) and Celestica (CLS). Market share data is not publicly available. This product contributes a significant portion of their revenue.

Market Dynamics

industry overview logo Industry Overview

The electronics manufacturing services (EMS) industry is experiencing growth due to increasing demand for electronics in medical, industrial, and defense sectors. Trends include miniaturization, increased complexity, and a focus on quality and reliability.

Positioning

Nortech Systems Incorporated positions itself as a provider of high-quality, complex manufacturing solutions with a focus on regulated industries. Its competitive advantages include its engineering expertise and its ability to meet stringent regulatory requirements.

Total Addressable Market (TAM)

The global EMS market is estimated to be in the hundreds of billions of dollars. Nortech is a smaller player focused on specific niches, therefore their TAM is a subset of this larger market, likely in the range of $1B-$5B, and they are competing for a smaller share of this niche market.

Upturn SWOT Analysis

Strengths

  • Strong engineering capabilities
  • Focus on regulated industries
  • Long-standing customer relationships
  • Vertical integration capabilities

Weaknesses

  • Smaller scale compared to larger EMS providers
  • Customer Concentration Risk
  • High debt levels
  • Limited Geographic Diversification

Opportunities

  • Growth in medical device market
  • Increasing outsourcing of manufacturing services
  • Expansion into new geographic markets
  • Adoption of new technologies such as automation

Threats

  • Economic downturn
  • Increased competition
  • Supply chain disruptions
  • Regulatory changes

Competitors and Market Share

competitor logo Key Competitors

  • JBL
  • SANM
  • FLEX
  • CLS
  • APH
  • TEL

Competitive Landscape

Nortech Systems Incorporated competes with larger EMS providers with greater scale and resources. Its advantages include its focus on regulated industries and its engineering expertise. Nortech's disadvantages include its smaller scale and customer concentration.

Growth Trajectory and Initiatives

Historical Growth: Requires specific financial data to be added from financial statements. Placeholders added for demonstration only.

Future Projections: Analyst estimates suggest moderate revenue growth driven by demand in the medical device market. Requires specific financial data to be added from financial statements. Placeholders added for demonstration only.

Recent Initiatives: Recent initiatives include expanding its engineering services and investing in automation to improve efficiency.

Summary

Nortech Systems Incorporated is a niche player in the EMS industry, focusing on high-quality manufacturing for regulated industries. The company has strong engineering capabilities and long-standing customer relationships. However, Nortech faces challenges due to its smaller scale, customer concentration, and high debt. The company needs to address these challenges to sustain growth and improve profitability.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market share data is based on available information and may not be exact.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 701

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.