Nortech Systems Incorporated Stock Fundamentals
| NSYS Stock | USD 16.51 0.01 0.06% |
Nortech Systems Incorporated fundamentals help investors to digest information that contributes to Nortech Systems' financial success or failures. It also enables traders to predict the movement of Nortech Stock. The fundamental analysis module provides a way to measure Nortech Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nortech Systems stock.
At this time, Nortech Systems' Net Income From Continuing Ops is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.5 M in 2024, whereas Total Revenue is likely to drop slightly above 92.6 M in 2024. Nortech | Select Account or Indicator |
Nortech Systems Incorporated Company Return On Equity Analysis
Nortech Systems' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nortech Systems Return On Equity | 0.22 |
Most of Nortech Systems' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nortech Systems Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Nortech Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Nortech Systems Incorporated has a Return On Equity of 0.2168. This is 101.8% lower than that of the Electronic Equipment, Instruments & Components sector and 101.74% lower than that of the Information Technology industry. The return on equity for all United States stocks is 169.94% lower than that of the firm.
Nortech Systems rporated Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nortech Systems's current stock value. Our valuation model uses many indicators to compare Nortech Systems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nortech Systems competition to find correlations between indicators driving Nortech Systems's intrinsic value. More Info.Nortech Systems Incorporated is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies reporting about 0.24 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nortech Systems Incorporated is roughly 4.22 . At this time, Nortech Systems' Return On Equity is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Nortech Systems by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nortech Systems' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nortech Systems' earnings, one of the primary drivers of an investment's value.Nortech Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nortech Systems' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nortech Systems could also be used in its relative valuation, which is a method of valuing Nortech Systems by comparing valuation metrics of similar companies.Nortech Systems is currently under evaluation in return on equity category among related companies.
Nortech Systems Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nortech Systems from analyzing Nortech Systems' financial statements. These drivers represent accounts that assess Nortech Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nortech Systems' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 13.0M | 19.1M | 27.6M | 32.9M | 25.6M | 26.9M | |
| Enterprise Value | 33.2M | 40.5M | 47.1M | 49.9M | 38.1M | 21.6M |
Nortech Fundamentals
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.0514 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 58.82 M | ||||
| Shares Outstanding | 2.74 M | ||||
| Shares Owned By Insiders | 64.93 % | ||||
| Shares Owned By Institutions | 3.65 % | ||||
| Number Of Shares Shorted | 2.5 K | ||||
| Price To Earning | 4.08 X | ||||
| Price To Book | 1.25 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 139.33 M | ||||
| Gross Profit | 20.48 M | ||||
| EBITDA | 8 M | ||||
| Net Income | 6.87 M | ||||
| Cash And Equivalents | 944 K | ||||
| Cash Per Share | 0.35 X | ||||
| Total Debt | 14.18 M | ||||
| Debt To Equity | 0.81 % | ||||
| Current Ratio | 2.32 X | ||||
| Book Value Per Share | 13.04 X | ||||
| Cash Flow From Operations | 1.77 M | ||||
| Short Ratio | 0.30 X | ||||
| Earnings Per Share | 2.38 X | ||||
| Number Of Employees | 733 | ||||
| Beta | 0.71 | ||||
| Market Capitalization | 45.21 M | ||||
| Total Asset | 75.13 M | ||||
| Retained Earnings | 18.67 M | ||||
| Working Capital | 32.21 M | ||||
| Current Asset | 41.13 M | ||||
| Current Liabilities | 20.7 M | ||||
| Net Asset | 75.13 M |
About Nortech Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nortech Systems Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nortech Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nortech Systems Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 4.1 M | 4.3 M | |
| Total Revenue | 139.3 M | 92.6 M | |
| Cost Of Revenue | 116.2 M | 80.4 M | |
| Stock Based Compensation To Revenue | 0 | 0 | |
| Sales General And Administrative To Revenue | 0.09 | 0.09 | |
| Research And Ddevelopement To Revenue | 0.01 | 0.01 | |
| Capex To Revenue | (0.01) | (0.01) | |
| Revenue Per Share | 51.18 | 53.74 | |
| Ebit Per Revenue | 0.04 | 0.03 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nortech Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nortech Systems' short interest history, or implied volatility extrapolated from Nortech Systems options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Nortech Systems Piotroski F Score and Nortech Systems Altman Z Score analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Nortech Stock analysis
When running Nortech Systems' price analysis, check to measure Nortech Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Global Correlations Find global opportunities by holding instruments from different markets |
Is Nortech Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nortech Systems. If investors know Nortech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nortech Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Earnings Share 2.38 | Revenue Per Share 51.185 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0514 |
The market value of Nortech Systems rporated is measured differently than its book value, which is the value of Nortech that is recorded on the company's balance sheet. Investors also form their own opinion of Nortech Systems' value that differs from its market value or its book value, called intrinsic value, which is Nortech Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nortech Systems' market value can be influenced by many factors that don't directly affect Nortech Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nortech Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nortech Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nortech Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.