Stocktoria
NORTECH SYSTEMS INC NSYS
NORTECH SYSTEMS INC (NSYS) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $118.4M at a -0.2% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.59 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.366 |
| Retained earnings / assets | 0.238 |
| EBIT / assets | 0.014 |
| Equity / liabilities | 0.924 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NSYS | NORTECH SYSTEMS INC | 4/9 | 4.24 | — | -7.6% |
| MPTI | M-tron Industries, Inc. | 4/9 | — | 50.7 | +11% |
| ESP | ESPEY MFG & ELECTRONICS CORP | 5/9 | 7.67 | 24.5 | +13.5% |
| OST | Ostin Technology Group Co., Ltd. | 3/9 | -5.25 | — | +22.2% |
| LGL | LGL GROUP INC | 4/9 | — | 132.7 | — |
| NEON | Neonode Inc. | 4/9 | -6.61 | 1.6 | — |
| MVIS | MICROVISION, INC. | 3/9 | — | — | — |
About NORTECH SYSTEMS INC
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.
FAQ
Is NSYS financially healthy?
NORTECH SYSTEMS INC's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does NSYS pay a dividend?
No, NORTECH SYSTEMS INC does not currently pay a dividend.
How profitable is NSYS?
In FY2025, NORTECH SYSTEMS INC had a net margin of -0.2% and a return on equity of -0.7%.
Is NSYS overvalued or undervalued?
NORTECH SYSTEMS INC trades at about 6.4× trailing earnings — below its 10-year norm (10-year range 4.0×–207.5×, median 18.0×). Stocktoria reports the data, not buy/sell advice.
Is NSYS a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on NORTECH SYSTEMS INC: a Piotroski F-score of 4/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.