NSYS · NASDAQ · Medical - Devices

Nortech Systems (NSYS)

Provides electronics manufacturing services for specialized medical, aerospace, industrial, and commercial programs.

$11.55
Pre-market−0.23 (−1.95%)
At close$11.78(+1.23%)
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Nortech Systems IncorporatedNSYSHealth Care

Provides engineering and manufacturing services for complex electronics, from wire and cable assemblies to PCBAs and system integration. The contract-manufacturing model serves medical, aerospace and defense, industrial, and commercial customer programs across U.S., Latin American, and Asian operations.

Engineering and manufacturing services span wire and cable assemblies, interconnects, PCBAs, and system-level assembly, integration, and final test. Design and manufacturing work also covers complex electromedical devices, electromechanical systems, assemblies, and components. These capabilities support medical, aerospace and defense, industrial, and commercial equipment programs.

Operations extend across the United States, Mexico, and China, with manufacturing locations and design centers in the U.S., Latin America, and Asia. The model combines vertically integrated production capabilities with contract-manufacturing work for customer programs. Its business is tied to demand from specialized end-market customer programs.

Company facts

CEOJay D. Miller
ListedJun 11, 1993
ExchangeNASDAQ
HeadquartersMaple Grove, MN
CountryUnited States
Employees713
CIK0000722313
ISINUS6565531042

Market cap$32.2M
EPS (ttm)$0.3678
P/E (ttm)31.29
ROE3.0%
P/B0.9102
P/S0.2580
Dividend yieldDiv yield
Beta0.80vs XLV −0.36

No analyst consensus on record.

EPSReportedEstimate

Nov '24Mar '25May '25Aug '25Nov '25Mar '26Mar '26Aug '26
Reported−$0.27−$0.54−$0.48$0.05−$0.05$0.31−$0.54$0.11
Estimate
Surprise

RevenueReportedEstimate

Nov '24Mar '25May '25Aug '25Nov '25Mar '26Mar '26Aug '26
Reported$31.4M$28.6M$26.9M$30.7M$30.5M$30.3M$30.3M$33.5M
Estimate
Surprise
Estimate
Reported$0.11
Estimate
Reported$33.5M
View details

Debt to equity50.40%
Current ratio178.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$31.4M$28.6M$26.9M$30.7M$30.5M$30.3M$30.3M$33.5M
Net income−$739.0K−$1.5M−$1.3M$313.0K−$146.0K$897.0K−$34.0K$316.0K
Net margin0.0%0.0%0.0%1.0%0.0%3.0%0.0%0.9%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$467.0K−$1.2M−$1.6M$742.0K$945.0K$901.0K$47.0K$623.0K
YoY growth−141.5%−145.8%−239.7%+115.7%−16.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.4M · Total debt $17.9M · Total assets $80.0M · Shareholders' equity $35.5M

Revenue
$33.5M
Operating income
$623.0K
Net income
$316.0K
View details

No dividends on record.

Institutions7 holders · as of Mar 31, 20263.14%89.6K shares
Insiders6 holders · as of May 22, 20255.02%143.2K shares
Otherremainder91.84%2.62M shares

2.85M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
David B. KuninInsiderdirector, 10 percent owner
2.84%81,162Form 4filed May 22, 2025
Renaissance Technologies LLCInstitution
1.54%43,99913Fas of Mar 31, 2026
Vanguard Capital Management LLCInstitution
0.98%27,88813Fas of Mar 31, 2026
Chevy Chase Trust Holdings, LLCInstitution
0.55%15,83213Fas of Mar 31, 2026
Stacy A. KruseInsiderdirector
0.52%14,857Form 4filed May 22, 2025
See all 25

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
Nortech Systems$11.55−1.95%$32.2M31.30.3+9.3%
Plexus$239.93+0.28%$6.40B35.323.91.4+28.1%
Benchmark Electronics$70.64+0.07%$2.54B48.122.00.9+17.7%
Kimball Electronics$24.24+1.40%$582.2M21.415.50.4−2.3%
Sanmina$187.60−0.04%$10.06B33.614.90.8+69.7%
Median34.518.80.8+22.9%