Nortech Systems Incorporated (NSYS) Stock

Nortech Systems Incorporated (NSYS) is a Technology stock trading at $11.50 (as of 2026-08-20), with a market capitalization of $32.82M and a trailing P/E of 116.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Nortech Systems Incorporated provides design and manufacturing support for electromedical devices, electromechanical systems, assemblies, and components, along with engineering and repair services. It serves original equipment manufacturers in aerospace and defense, medical, and industrial markets, providing services that include project management, designing, testing, prototyping, manufacturing, supply chain support, and post-market support.

Understand Nortech Systems Incorporated: how it makes money

Nortech Systems provides design and manufacturing solutions for electromedical devices and related electromechanical assemblies, plus project management, designing, testing, prototyping, manufacturing, supply chain management, and post-market services, for customers in the United States, Mexico, and China.

The profit model is built on converting customer product development and manufacturing needs into paid work spanning design and engineering through prototyping, manufacturing, and post-market services.

Revenue by segment (latest quarter)
A&D$0.0B
Medical$0.0B
Industrial$0.0B

Business quality (Weak): Good business description, but the provided segment and KPI inputs appear limited and some category labels show 0.0 values, which reduces confidence in segment clarity for the latest quarter.

Valuation: At 43× earnings, NSYS trades 16% below the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

  • Backlog visibility: Remaining Performance Obligations were reported at 0.08 USD_B, which can support future work conversion into revenue.
  • Aerospace and Defense contribution exists: Net Sales from Aerospace and Defense were reported at 0.01B.

Bear case

  • Low profitability: Operating margin was 0.4% in the quarter ended 2026-03-31, indicating limited operating cushion based on the reported figures.
  • Defense revenue and other categories show 0.0 inputs: Defense Market Revenue and several medical and industrial category net sales change labels are shown as 0.0 in the provided data, which can reflect minimal contribution, reporting rounding, or uncertainty.
Valuation — source: SEC EDGAR (first-party)
Price$11.50
Market Cap$32.82M
P/E Ratio116.4
EV / EBITDA8.9
Price / Book0.93
Price / Sales0.57
FCF Yield7.5%
DCF Value (model)$1.48
DCF Upside vs Price-87.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$118.36M
Net Margin-0.2%
Revenue Growth (YoY)9.3%
EPS Growth (YoY)-8.3%
FCF Growth (YoY)-1794.8%
Financial Health — source: SEC EDGAR
Altman Z-Score2.98 (grey)
Valuation vs Sector & Industry
Stock P/E116.4
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
vs Sector243.0%
vs Industry195.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderRENAISSANCE TECHNOLOGIES LLC ($536348.00)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEOJay Dean Miller
Employees701
CountryUS
IPO Date1993-06-11

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NSYS earnings history · NSYS institutional & insider holders · NSYS KPIs & operating metrics · NSYS financials · NSYS investor presentations & press releases · NSYS SEC filings · NSYS peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.