Nortech Systems Inc (NSYS)
NASDAQHealth CareMedical - DevicesSnapshot 2026-11-04
$10.92-3.36%
Close 2026-11-04 · 1-day change
NASDAQHealth CareMedical - DevicesSnapshot 2026-11-04
QuarterlyIQ Insights · NSYS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -10.7% |
| Our one-year growth estimate | diamond | Not available |
Growth built into the price is above our model estimate.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A comparable growth gap is not available.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name is on a run of consecutive earnings misses and is a smaller-cap name (higher miss base rate). A fundamental tilt, not a price call.
Model as of 2026-11-04 · Compared with 29 industry peers
NSYS — credit agreement
Dated 2026-03-23
Entry into a Material Definitive Agreement On March 20, 2026, we entered into a new Credit and Security Agreement with Associated Bank, National Association, which provides for a revolving credit facility of up to $15,000,000, subject to a borrowing base based on eligible accounts receivable, inventory and fixed assets, and a $2,200,000 term loan (the “Associated Facility”). The new Associated Facility replaces our existing credit facility, which was scheduled to mature in August 2026. The As…
Why it matters: Q2 sales rose 9.3%, and total backlog rose 20%. Q3 results will test if that growth continues.
Supportive ifOn November 12, Q3 sales grow year over year and total backlog is above $93.8 million.
Worry ifQ3 sales fall year over year or total backlog drops below $93.8 million.
Why it matters: Nortech closed $17.2 million of debt financing and later reported $7.9 million in line borrowings. Cash was $1.38 million at June 30.
Worry ifA new filing shows line borrowings above $7.9 million or cash below $1.38 million.
Less concerning ifA new filing shows line borrowings at or below $7.9 million and cash at or above $1.38 million.
Why it matters: Q2 sales grew, but adjusted EBITDA fell 12.6% from a year earlier. Higher EBITDA would show that sales growth is reaching profit.
Supportive ifQ3 adjusted EBITDA is above $938,000, the Q2 2026 level.
Worry ifQ3 adjusted EBITDA is below $938,000.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$206 on $10,000 · ±2.1% | How much price usually moves either way. |
| Bad day | $519 loss on $10,000 · 5.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,320 loss on $10,000 · 43.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.