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Nortech Systems Incorporated (NSYS)

NASDAQ Technology Hardware, Equipment & Parts
$14.94 ▲ +0.37%
Market Cap
$41.7M
Sector
Technology
Industry
Hardware, Equipment & Parts
Beta
-0.05
52-Wk Range
6.5-18.01
CEO
Jay Dean Miller
Country
US
Currency
USD

Nortech Systems Incorporated operates in the Hardware, Equipment & Parts industry of the Technology sector, headquartered in Maple Grove, MN, US. The stock last traded at $14.94, up 0.37% on the session, giving a market capitalisation of $41.7M. On trailing twelve-month figures it carries a trailing P/E of 40.61, a net margin of 0.8%. Its beta of -0.05 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
40.61
Price / Sales
0.34
Price / Book
1.20
EV / EBITDA
14.91
Gross margin
16.1%
Operating margin
2.2%
Net margin
0.8%
Return on equity
Debt / equity
0.52
Current ratio
1.84
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Capital Market
Employees
699
IPO date
1993-06-11
Headquarters
Maple Grove, MN, US
About Nortech Systems Incorporated

Nortech Systems Incorporated, founded in 1990 and headquartered in Maple Grove, Minnesota, specializes in delivering comprehensive design and manufacturing solutions. The company provides end-to-end services for various intricate systems, including electromedical devices, electromechanical systems, and their related assemblies and components, catering to markets in the United States, Mexico, and China. Its broad service offering spans technical expertise, manufacturing capabilities, and crucial support functions. These encompass initial project planning, innovative design, thorough testing, rapid prototyping, full-scale production, strategic supply chain management, and essential post-market assistance. Furthermore, Nortech Systems offers specialized engineering and manufacturing for critical items such as medical equipment, printed circuit board assemblies, wire and cable configurations, and complex higher-level electromechanical systems. They also extend their services to include general engineering and repair. The company primarily serves original equipment manufacturers (OEMs) within the aerospace and defense, medical, and industrial sectors. Nortech Systems cultivates these client relationships through its dedicated business development teams and a network of independent manufacturers' representatives.

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