Nortech Systems Inc (NSYS)
NASDAQHealth CareMedical - DevicesSnapshot 2026-09-04
$11.71+3.26%
Close 2026-09-04 · 1-day change
NASDAQHealth CareMedical - DevicesSnapshot 2026-09-04
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 | -2.1% |
| 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 2026-09-04.
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 2026-09-04 · Compared with 88 industry peers · Company calendar date is not available
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: Higher gross margins mean better cost control and efficiency. This is important for future profits.
Supportive ifGross margins improve to over 16% in Q2 2026.
Worry ifGross margins drop below 15%. This shows cost pressures.
Why it matters: Higher operating income means better cost control and profit. Over $50,000 shows growth.
Supportive ifOperating income was over $50,000. This shows profit is improving.
Worry ifOperating income is still below $50,000. This shows ongoing profit struggles.
Why it matters: This will show if revenue growth continues and if losses narrow further. Investors will look for signs of sustained improvement.
Supportive ifNet sales for Q2 2026 exceed $30 million, showing continued revenue growth.
Worry ifNet sales fall below $28 million, indicating a slowdown in growth.
Why it matters: If revenue growth speeds up, it signals a stronger health care sector. This could help Nortech's performance.
Supportive ifHealth care revenue growth is speeding back up above 10%.
Worry ifRevenue growth is slowing down below 10%.
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 | ±$295 on $10,000 · ±2.9% | 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 | $3,579 loss on $10,000 · 35.8% | 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.
Why it matters: Higher net income means better profits. It also shows efficient operations.
Supportive ifNet income for Q3 is over $316,000. This means the company is making money.
Worry ifNet income for Q3 is under $316,000. This points to profit problems.
Why it matters: Positive EBITDA shows the company is running well. It also means it is financially healthy.
Supportive ifEBITDA reported above $0 in Q2.
Worry ifEBITDA reported below $0 in Q2.
Why it matters: Strong revenue growth shows that management is doing well and that the market wants their products.
Supportive ifQ2 revenue growth is over 12% from last year. This shows good ongoing progress.
Worry ifQ2 revenue growth is below 5% from last year. This may mean problems with execution or demand.
Why it matters: A smaller net loss shows better financial health. It means progress on making money.
Supportive ifNet loss in Q2 reported below $(34,000).
Worry ifNet loss in Q2 reported worse than $(34,000).
Why it matters: Strong revenue growth shows that Nortech is growing and following its plan.
Supportive ifQ3 revenue growth exceeds 10% year-over-year compared to Q3 2025.
Worry ifQ3 revenue growth is less than 5% year-over-year.
Why it matters: Keeping operating income above $600K shows better profits and good cost control.
Supportive ifOperating income in Q3 exceeds $600K.
Worry ifOperating income falls below $500K in Q3.
Why it matters: Strong backlog growth shows future revenue and demand from customers in key markets.
Supportive ifTotal backlog growth exceeds 15% year-over-year in Q3.
Worry ifTotal backlog growth is less than 10% year-over-year in Q3.
Why it matters: Making over $1 million in EBITDA shows good efficiency. It also shows strong financial health.
Supportive ifEBITDA in Q3 exceeds $1 million.
Worry ifEBITDA falls below $800K in Q3.