Nortech Systems Incorporated Stock Analysis

Nortech Stock Analysis Notes

About 65.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.25. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nortech Systems rporated last dividend was issued on the 29th of October 2010. Nortech Systems Incorporated provides design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China. Nortech Systems Incorporated was founded in 1990 and is headquartered in Maple Grove, Minnesota. Nortech Systems operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 782 people. To find out more about Nortech Systems Incorporated contact Richard Wasielewski at 952 345 2244 or learn more at https://www.nortechsys.com.

Nortech Systems rporated Investment Alerts

Nortech Systems rporated Upcoming and Recent Events

Nortech Largest EPS Surprises

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Nortech Stock Institutional Investors

Note, although Nortech Systems' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Nortech Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 46.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nortech Systems's market, we take the total number of its shares issued and multiply it by Nortech Systems's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Nortech Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Management Efficiency

Nortech Systems rporated has return on total asset (ROA) of 0.0514 % which means that it generated a profit of $0.0514 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2168 %, meaning that it created $0.2168 on every $100 dollars invested by stockholders. Nortech Systems' management efficiency ratios could be used to measure how well Nortech Systems manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Nortech Systems' Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.1 in 2024, whereas Return On Capital Employed is likely to drop 0.08 in 2024. At this time, Nortech Systems' Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.1 in 2024, whereas Total Assets are likely to drop slightly above 45.4 M in 2024.

Technical Drivers

As of the 24th of April, Nortech Systems secures the Risk Adjusted Performance of 0.1465, mean deviation of 2.96, and Downside Deviation of 3.51. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nortech Systems rporated, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Nortech Systems, which can be compared to its peers in the industry. Please verify Nortech Systems rporated information ratio and downside variance to decide if Nortech Systems Incorporated is priced some-what accurately, providing market reflects its recent price of 17.39 per share. Given that Nortech Systems rporated has jensen alpha of 0.9195, we recommend you to check Nortech Systems's last-minute market performance to make sure the company can sustain itself at a future point.

Nortech Systems rporated Price Movement Analysis

Nortech Systems rporated Insider Trading Activities

Nortech Systems Predictive Daily Indicators

Nortech Systems Corporate Filings

Nortech Systems Forecast Models

Nortech Systems' time-series forecasting models are one of many Nortech Systems' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nortech Systems' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nortech Systems prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nortech shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nortech Systems. By using and applying Nortech Stock analysis, traders can create a robust methodology for identifying Nortech entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nortech Systems Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.

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.

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.