Nortech Systems Incorporated (NSYS) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Nortech Systems Incorporated $5.63, price $11.23, upside -49.9%, quality 53 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $6.80 – $18.38 · fair‑value band $5.63 – $8.29 · the $11.23 price screens above the $5.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 23, 2026.
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Nortech Systems Incorporated provides engineering design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China.
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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.
Stock analysis
Nortech Systems Incorporated (NSYS) currently trades at $11.23, while our model-based Fair Value estimate is $5.63, implying the stock looks roughly 99.5% overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of $8.28 per share, and 5 of the 14 models we run sit above the $11.23 price.
Bear case: the Earnings-Based group reads lowest at $1.19, and 9 of the 14 models stay below the price. Evidence for this calculation is medium.
Scenario range: $5.63 (bear) to $8.29 (bull), the price of $11.23 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 53/100 (solid quality), in the Healthcare sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Nortech Systems Incorporated reported revenue of $118M in FY2025 versus $115M in FY2021, a compound +0.7%/yr. Reported net income was −$252K in FY2025.
Key figures
Market cap $48.9M · P/E ratio 29.6 · P/S ratio 0.40 · EPS (TTM) $0.3800 · Net margin −0.2% · Return on equity 3.1% · Return on assets (EBIT) 3.7% · Operating margin 0.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and 65% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at 5% fair-value upside, at −50%, NSYS screens richer than that median.
Fair Value models
Bear $5.63Fair Value $5.63Bull $8.29
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.2790 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−7.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.6%
Start year 2020 (pandemic). Over 10 years: +0.3% a year
Revenue growth 32 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.5%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−2.0% (2020) → 1.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+7.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +5.3% a year for the price.
Compare Nortech Systems Incorporated with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Medical Devices · 365 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score53 · Above median
Fair Value upside−50% · Below median
Profitability
Return on equity (TTM)3% · Above median
Return on assets2% · Above median
Net margin (TTM)1% · Below median
Operating margin (TTM)0% · Below median
Growth and dividend
Revenue growth13% · Above median
Balance sheet
Debt / equity0.25× · Above median
Valuation Multiplesvs Medical Devices median · lower = cheaper
P/E (TTM)29.6× · Pricier than median
P/B1.41× · Cheaper than median
P/S (TTM)0.40× · Cheapest 25%
P/FCF23.5× · Priciest 25%
EV/EBITDA14.4× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 10
FUTURE (revenue growth)64· sector 31
PAST (return on equity)12· sector 7
HEALTH (low debt)88· sector 97
DIVIDEND (yield)0· sector 40
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Nortech Systems Incorporated Fair Value". https://www.fairvalue-calculator.com/stock/NSYS
Frequently asked questions
Is Nortech Systems Incorporated (NSYS) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $5.63 versus a price of $11.23, about −50% upside (overvalued).
What is the fair value of NSYS?
Our model-based fair value for Nortech Systems Incorporated is $5.63 (as of Sep 23, 2026), built from audited fundamentals. The current price: $11.23.
What is the quality score of NSYS?
Nortech Systems Incorporated has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Nortech Systems Incorporated (NSYS)?
Our model-based price target is the fair value of $5.63 (as of Sep 23, 2026) from 14 valuation models. Cautious scenario $5.63, optimistic scenario $8.29. It is a calculation from audited fundamentals, not an analyst target.
What is the Nortech Systems Incorporated stock forecast for 2026?
Our models put fair value at $5.63, about −50% upside versus a price of $11.23 (overvalued). Cautious scenario $5.63, optimistic scenario $8.29. The calculation is refreshed regularly with new filings.
What is the revenue of Nortech Systems Incorporated (NSYS)?
Nortech Systems Incorporated reported trailing-twelve-month revenue of about $122M (latest available figure, as of Sep 23, 2026).
What growth is priced into Nortech Systems Incorporated (NSYS)?
For today's price to be fair in a discounted-cash-flow model, Nortech Systems Incorporated would have to grow free cash flow by +7.8 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.6 % per year. As of Sep 23, 2026.
What discount rate (WACC) does the fair value of NSYS use?
Our models discount Nortech Systems Incorporated at 8.5 %: a base by market capitalisation (nano), damped by beta 0.01, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Nortech Systems Incorporated that is +7.8 % per year a year over ten years, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Nortech Systems Incorporated (NSYS) delivered so far?
Over the past 5 years revenue at Nortech Systems Incorporated grew +2.6 % a year. The price currently implies +7.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Nortech Systems Incorporated (NSYS) growing?
The median revenue growth in the sector is +8.1 % a year. That is the yardstick for the growth priced into Nortech Systems Incorporated (+7.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Nortech Systems Incorporated (NSYS)?
The free-cash-flow yield on the price is 6.68 %: that much free cash flow Nortech Systems Incorporated produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Nortech Systems Incorporated (NSYS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nortech Systems Incorporated it is $5.63 per share (as of Sep 23, 2026), against a price of $11.23. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Nortech Systems Incorporated stock overvalued or undervalued in 2026?
As of Sep 23, 2026, NSYS trades above its calculated fair value: price $11.23, fair value $5.63, a gap of about −50% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NSYS?
No. The price is what the market pays today ($11.23); the fair value is what the company's own numbers justify ($5.63). For Nortech Systems Incorporated the two are $5.60 per share apart. That gap is exactly why we show both numbers side by side.
How much is Nortech Systems Incorporated worth?
The market values Nortech Systems Incorporated at about $48.9M (market capitalisation, as of Sep 23, 2026). Per share that is $11.23; our models calculate a fair value of $5.63 per share.
What do the bullish and bearish scenarios say about NSYS?
Our models span a range for Nortech Systems Incorporated: cautious scenario $5.63, base $5.63, optimistic $8.29 per share (as of Sep 23, 2026, price $11.23). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NSYS?
Nortech Systems Incorporated trades at a price-to-earnings ratio of 29.6 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $5.63 is built from several models across several years. Other multiples: P/B 1.4, P/S 0.4, EV/EBITDA 14.4.
How solid is the balance sheet of Nortech Systems Incorporated (NSYS)?
Balance-sheet figures for Nortech Systems Incorporated (as of Sep 23, 2026): return on equity 3.1%, debt of 0.25 per unit of equity. They feed the Quality Score of 53/100, which measures business quality independently of the share price.
How far is NSYS from its 52-week high?
Nortech Systems Incorporated trades at $11.23, about 36% below its 52-week high of $17.66 and 65% above the low of $6.80 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of $5.63 is for.
Which stocks are comparable to Nortech Systems Incorporated?
From the same area (Healthcare) we also value Abbott Laboratories,, Medtronic plc, Stryker Corporation, Boston Scientific Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Nortech Systems Incorporated stock attractive at the current price?
The data as of Sep 23, 2026: price $11.23, calculated fair value $5.63 (−50%), Quality Score 53/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NSYS calculated?
We run Nortech Systems Incorporated through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $5.63, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. Nortech Systems Incorporated itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Nortech Systems Incorporated (NSYS)?
The closing price on Sep 24, 2026 was $11.23. Our model-based fair value is $5.63, about −50% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nortech Systems Incorporated right now?
The price sits above even our optimistic bull case ($8.29). The favourable scenario is already priced in. Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Nortech Systems Incorporated
How large is the market capitalisation of Nortech Systems Incorporated (NSYS)?
The market capitalisation of Nortech Systems Incorporated is $48.9M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Nortech Systems Incorporated (NSYS)?
The price-to-sales ratio of Nortech Systems Incorporated is 0.40 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Nortech Systems Incorporated (NSYS)?
Earnings per share at Nortech Systems Incorporated are $0.3800 (price ÷ EPS = P/E 29.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Nortech Systems Incorporated (NSYS)?
The net margin of Nortech Systems Incorporated is −0.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Nortech Systems Incorporated (NSYS)?
The return on equity (ROE) of Nortech Systems Incorporated is 3.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Nortech Systems Incorporated (NSYS)?
On an EBIT basis the return on assets of Nortech Systems Incorporated is 3.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Nortech Systems Incorporated (NSYS)?
The operating margin of Nortech Systems Incorporated is 0.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Nortech Systems Incorporated (NSYS)?
Revenue at Nortech Systems Incorporated is growing +12.7% versus a year earlier (3y avg −4.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Nortech Systems Incorporated (NSYS)?
Earnings per share at Nortech Systems Incorporated are growing +126% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Nortech Systems Incorporated (NSYS) carry?
The net debt of Nortech Systems Incorporated is $14.1M (fiscal year 2025, ≈ 6.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Sep 23, 2026