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Nortech Systems Inc. (NSYS) Stock Fundamental Analysis & AI Rating 2026

NSYS Nasdaq Electronic Components, NEC MN CIK: 0000722313
Recently Updated • Analysis: May 15, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
75% Confidence
NEUTRAL
STRONG SELL
85% Conf
HOLD
65% Conf

📊 NSYS Key Takeaways

Revenue: $11.8M
Net Margin: -0.3%
Free Cash Flow: $-1.8M
Current Ratio: 1.84x
Debt/Equity: 0.06x
EPS: $-0.01
AI Rating: STRONG SELL with 85% confidence
Nortech Systems Inc. (NSYS) receives a SELL rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $11.8M, net profit margin of -0.3%, and return on equity (ROE) of -0.1%, Nortech Systems Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete NSYS stock analysis for 2026.

Is Nortech Systems Inc. (NSYS) a Good Investment?

Claude

Nortech Systems exhibits severe operational distress with declining revenue (-15% YoY), negative profitability (-$34K net income), and negative free cash flow (-$1.8M). The company is burning cash operationally with minimal reserves ($2.0M), creating an unsustainable financial trajectory without significant operational recovery or strategic intervention.

ChatGPT

Nortech’s fundamentals show a sharp rebound in revenue with improving profitability and positive free cash flow, supported by solid liquidity and low leverage. However, margins remain very thin and net income is still slightly negative, raising questions about the durability and quality of growth. Sustained margin expansion and consistent positive earnings are needed to upgrade the outlook.

Why Buy Nortech Systems Inc. Stock? NSYS Key Strengths

Claude
  • + Minimal financial leverage with debt-to-equity ratio of 0.06x reduces bankruptcy risk
  • + Gross margin of 39.9% indicates reasonable product pricing and cost structure
  • + Current ratio of 1.84x provides adequate near-term liquidity cushion
ChatGPT
  • + Rapid revenue growth with improving loss trajectory
  • + Low leverage and adequate liquidity (1.88x current, 0.20x D/E)
  • + Positive operating and free cash flow with modest capex

NSYS Stock Risks: Nortech Systems Inc. Investment Risks

Claude
  • ! Significant revenue decline of 15% YoY indicates loss of market traction
  • ! Negative operating cash flow of -$1.6M shows persistent operational cash burn
  • ! Negative free cash flow of -$1.8M with only $2.0M cash on hand creates ~14 month runway at current burn rate
  • ! Unprofitable operations with negative net income and interest coverage ratio of 0.3x
  • ! Zero insider Form 4 filings in 90 days suggests lack of management confidence
ChatGPT
  • ! Very thin margins with slight net loss, execution risk on cost control
  • ! Low cash balance relative to scale; working capital swings could pressure liquidity
  • ! Uncertain sustainability/quality of outsized growth in cyclical electronics market

Key Metrics to Watch

Claude
  • * Revenue stabilization and return to growth trajectory
  • * Operating cash flow inflection to positive territory
  • * Cash burn rate and months of runway remaining
  • * Gross margin sustainability under declining revenue
  • * Customer concentration and forward order visibility
ChatGPT
  • * Gross margin
  • * Free cash flow margin

Nortech Systems Inc. (NSYS) Financial Metrics & Key Ratios

Revenue
$11.8M
Net Income
$-34.0K
EPS (Diluted)
$-0.01
Free Cash Flow
$-1.8M
Total Assets
$76.6M
Cash Position
$2.0M

💡 AI Analyst Insight

Nortech Systems Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

NSYS Profit Margin, ROE & Profitability Analysis

Gross Margin 39.9%
Operating Margin 0.4%
Net Margin -0.3%
ROE -0.1%
ROA 0.0%
FCF Margin -15.2%

NSYS vs Technology Sector: How Nortech Systems Inc. Compares

How Nortech Systems Inc. compares to Technology sector averages

Net Margin
NSYS -0.3%
vs
Sector Avg 18.0%
NSYS Sector
ROE
NSYS -0.1%
vs
Sector Avg 22.0%
NSYS Sector
Current Ratio
NSYS 1.8x
vs
Sector Avg 2.5x
NSYS Sector
Debt/Equity
NSYS 0.1x
vs
Sector Avg 0.5x
NSYS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Nortech Systems Inc. Stock Overvalued? NSYS Valuation Analysis 2026

Based on fundamental analysis, Nortech Systems Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-0.1%
Sector avg: 22%
Net Profit Margin
-0.3%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.06x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Nortech Systems Inc. Balance Sheet: NSYS Debt, Cash & Liquidity

Current Ratio
1.84x
Quick Ratio
1.12x
Debt/Equity
0.06x
Debt/Assets
54.7%
Interest Coverage
0.28x
Long-term Debt
$2.2M

NSYS Revenue & Earnings Growth: 5-Year Financial Trend

NSYS 5-year financial data: Year 2021: Revenue $115.2M, Net Income -$1.5M, EPS $-0.58. Year 2022: Revenue $134.1M, Net Income $7.2M, EPS $2.54. Year 2023: Revenue $139.3M, Net Income $2.0M, EPS $0.70. Year 2024: Revenue $139.3M, Net Income $6.9M, EPS $2.38. Year 2025: Revenue $128.1M, Net Income -$1.3M, EPS $-0.47.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Nortech Systems Inc.'s revenue has grown significantly by 11% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.47 indicates the company is currently unprofitable.

NSYS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-15.2%
Free cash flow / Revenue

NSYS Quarterly Earnings & Performance

Quarterly financial performance data for Nortech Systems Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $26.9M -$34.0K $-0.01
Q3 2025 $30.5M -$146.0K $-0.05
Q2 2025 $30.7M $157.0K $0.05
Q1 2025 $26.9M $765.0K $0.26
Q3 2024 $31.4M $183.0K $0.06
Q2 2024 $33.9M $157.0K $0.05
Q1 2024 $34.2M $681.0K $0.23
Q3 2023 $33.4M $1.2M $0.42

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Nortech Systems Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.6M
Cash generated from operations
Stock Buybacks
$130.0K
Shares repurchased (TTM)
Capital Expenditures
$228.0K
Investment in assets
Dividends
None
No dividend program

NSYS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Nortech Systems Inc. (CIK: 0000722313)

📋 Recent SEC Filings

Date Form Document Action
May 14, 2026 8-K form8-k.htm View →
May 13, 2026 8-K form8-k.htm View →
May 13, 2026 10-Q form10-q.htm View →
Apr 15, 2026 10-K/A form10-ka.htm View →
Apr 1, 2026 DEF 14A formdef14a.htm View →

Frequently Asked Questions about NSYS

What is the AI rating for NSYS?

Nortech Systems Inc. (NSYS) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (HOLD) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NSYS's key strengths?

Claude: Minimal financial leverage with debt-to-equity ratio of 0.06x reduces bankruptcy risk. Gross margin of 39.9% indicates reasonable product pricing and cost structure. ChatGPT: Rapid revenue growth with improving loss trajectory. Low leverage and adequate liquidity (1.88x current, 0.20x D/E).

What are the risks of investing in NSYS?

Claude: Significant revenue decline of 15% YoY indicates loss of market traction. Negative operating cash flow of -$1.6M shows persistent operational cash burn. ChatGPT: Very thin margins with slight net loss, execution risk on cost control. Low cash balance relative to scale; working capital swings could pressure liquidity.

What is NSYS's revenue and growth?

Nortech Systems Inc. reported revenue of $11.8M.

Does NSYS pay dividends?

Nortech Systems Inc. does not currently pay dividends.

Where can I find NSYS SEC filings?

Official SEC filings for Nortech Systems Inc. (CIK: 0000722313) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NSYS's EPS?

Nortech Systems Inc. has a diluted EPS of $-0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NSYS a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Nortech Systems Inc. has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NSYS stock overvalued or undervalued?

Valuation metrics for NSYS: ROE of -0.1% (sector avg: 22%), net margin of -0.3% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy NSYS stock in 2026?

Our dual AI analysis gives Nortech Systems Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NSYS's free cash flow?

Nortech Systems Inc.'s operating cash flow is $-1.6M, with capital expenditures of $228.0K. FCF margin is -15.2%.

How does NSYS compare to other Technology stocks?

Vs Technology sector averages: Net margin -0.3% (avg: 18%), ROE -0.1% (avg: 22%), current ratio 1.84 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 15, 2026 | Data as of: 2026-03-31 | Powered by Claude AI