Nortech Systems Inc
NSYS Nasdaq· Electronic Components, Nec
Last close · Oct 23, 2026
$10.30
KIRA · Stoqly’s AI analyst, in plain words
- Nortech Systems Inc had $12.2M of revenue in fiscal 2025, down 15.0% on the year before. Over five years, revenue changed −36.3% a year on average.
- Its operating margin was 8.0%, up 9.3 pts: of every 100 in sales, about 8 is left after running the business.
- Nortech Systems Inc lost $0.3M in fiscal 2025.
- Free cash flow was $2.1M in fiscal 2025, 17.0% of revenue.
Market cap
$30.9M
P/E
27.8x
Revenue
$12.2M
Net income
−$0.3M
Free cash flow
$2.1M
Operating margin
8.0%
Nortech Systems Inc in 30 seconds · fiscal 2025
Are sales growing?
−15.0%
No. Sales fell 15.0% last year.
Does it make a profit?
−2.1%
No. It lost money last year.
Does profit turn into cash?
17.0%
Yes. 17.0% of sales ends up as free cash.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
27.8x
One share costs 27.8 times its yearly profit per share.
What Nortech Systems Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 26, 2026
- Legal name
- NORTECH SYSTEMS INC
- CIK
- 0000722313
Nortech Systems Inc · NSYS
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $115M | $134M | $13.4M | $14.4M | $12.2M |
| Revenue growth | −1.0% | 16.5% | −90.0% | 7.0% | −15.0% |
| Gross margin | 13.8% | 15.3% | 172.0% | 116.4% | 147.4% |
| Operating margin | 2.0% | 2.9% | 44.3% | −1.4% | 8.0% |
| Net income | $7.2M | $2.0M | $6.9M | −$1.3M | −$0.3M |
| Net margin | 6.2% | 1.5% | 51.2% | −9.0% | −2.1% |
| Diluted EPS | $2.54 | $0.70 | $2.38 | −$0.47 | −$0.09 |
| Cash | |||||
| Cash from operations | −$4.5M | $5.4M | $1.8M | −$2.3M | $2.7M |
| Capital expenditure | $1.3M | $2.4M | $1.3M | $1.3M | $0.7M |
| Free cash flow | −$5.8M | $3.0M | $0.5M | −$3.5M | $2.1M |
| FCF margin | −5.1% | 2.3% | 3.6% | −24.5% | 17.0% |
| Share count change | 5.9% | 2.5% | −0.2% | −4.5% | 0.8% |
| Debt and strength | |||||
| Cash and short-term investments | $0.6M | $1.0M | $1.0M | $0.9M | $1.7M |
| Debt incl. finance leases | $1.5M | — | — | — | — |
| Shareholders' equity | $26.1M | $28.1M | $35.3M | $34.0M | $34.5M |
| Net debt / EBITDA | 0.2x | — | — | — | — |
| Current ratio | 2.3x | 2.1x | 2.2x | 2.6x | 1.9x |
| Interest coverage | 5.3x | 9.5x | 12.2x | −0.3x | 1.0x |
| Returns and quality | |||||
| Return on capital | 8.0% | — | — | — | — |
| Return on equity | 31.9% | 7.4% | 21.7% | −3.7% | −0.7% |
| Return on tangible equity | 27.9% | 7.3% | 19.6% | −3.8% | −0.7% |
| Piotroski F-score | 5 | 5 | 6 | 3 | 4 |
| Altman Z'' | 4.3 | 4.3 | 5.1 | 4.8 | 4.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Nortech Systems Inc · NSYS
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $10.30 a share, the company is worth $30.9M: 27.8 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000722313). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.