NSYS (Nortech Systems) E10: $0.32 (As of Mar. 2026)


NSYS Nortech Systems Inc NSYS
48 GF Score
Price $16.36
GF Value $9.25
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Nortech Systems E10?

Nortech Systems NSYS -1.86% 48 E10 is $0.32 as of Mar. 2026. GuruFocus rates NSYS with a GF Score™ of 48/100 and a GF Value™ of $9.25 (Significantly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Nortech Systems's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nortech Systems's average E10 Growth Rate was 28.00% per year. During the past 3 years, the average E10 Growth Rate was 24.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Nortech Systems was 152.00% per year. The lowest was -55.00% per year. And the median was -7.20% per year.

As of today (2026-06-26), Nortech Systems's current stock price is $16.36. Nortech Systems's E10 for the quarter that ended in Mar. 2026 was $0.32. Nortech Systems's Shiller PE Ratio of today is 51.13.

During the past 13 years, the highest Shiller PE Ratio of Nortech Systems was 535.00. The lowest was 23.66. And the median was 40.00.


Nortech Systems  (NAS:NSYS) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Nortech Systems's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.36/0.32
=51.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Nortech Systems was 535.00. The lowest was 23.66. And the median was 40.00.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Nortech Systems E10 Related Terms


Nortech Systems E10 Historical Data

* Premium members only.

The historical data trend for Nortech Systems's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nortech Systems E10 Chart

Nortech Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.16 0.37 0.29 0.31

Nortech Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.28 0.29 0.31 0.32

NSYS vs MYO, NSPR, TELA: E10 Comparison

For the Medical Devices subindustry, Nortech Systems's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nortech Systems Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nortech Systems's Shiller PE Ratio falls into.


NSYS
48GF Score
Nortech Systems Inc NSYS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nortech Systems E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Nortech Systems's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.01/330.2130*330.2130
=-0.010

Current CPI (Mar. 2026) = 330.2130.

Nortech Systems Quarterly Data

per share eps CPI Adj_EPS
201606 -0.070 241.018 -0.096
201609 0.020 241.428 0.027
201612 0.040 241.432 0.055
201703 -0.010 243.801 -0.014
201706 -0.010 244.955 -0.013
201709 0.020 246.819 0.027
201712 -0.900 246.524 -1.206
201803 -0.140 249.554 -0.185
201806 0.140 251.989 0.183
201809 0.140 252.439 0.183
201812 -0.070 251.233 -0.092
201903 -0.140 254.202 -0.182
201906 -0.580 256.143 -0.748
201909 0.160 256.759 0.206
201912 0.100 256.974 0.129
202003 0.060 258.115 0.077
202006 -0.050 257.797 -0.064
202009 0.730 260.280 0.926
202012 -1.330 260.474 -1.686
202103 -0.580 264.877 -0.723
202106 0.060 271.696 0.073
202109 1.240 274.310 1.493
202112 1.760 278.802 2.085
202203 0.050 287.504 0.057
202206 0.250 296.311 0.279
202209 0.530 296.808 0.590
202212 -0.140 296.797 -0.156
202303 0.230 301.836 0.252
202306 0.220 305.109 0.238
202309 0.420 307.789 0.451
202312 1.510 306.746 1.626
202403 0.260 312.332 0.275
202406 0.050 314.175 0.053
202409 -0.270 315.301 -0.283
202412 -0.540 315.605 -0.565
202503 -0.480 319.799 -0.496
202506 0.120 322.561 0.123
202509 -0.050 324.800 -0.051
202512 0.310 324.054 0.316
202603 -0.010 330.213 -0.010

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.32 mean?
Nortech Systems (NSYS) has a E10 of $0.32 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nortech Systems and its competitors.
Is Nortech Systems' E10 too high?
Nortech Systems' current E10 is $0.32. Overall, Nortech Systems has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nortech Systems' E10 compare to MYO and NSPR?
Nortech Systems' E10 of $0.32 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nortech Systems and its competitors. Nortech Systems's current E10 is $0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nortech Systems stock overvalued right now?
Based on GuruFocus' analysis, Nortech Systems (NSYS) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.25, compared to a current price of $16.36 — trading 76.9% above its estimated fair value. The current E10 is $0.32. Nortech Systems' overall GF Score™ is 48/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Nortech Systems (NSYS), the current E10 is $0.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nortech Systems (NSYS) Overvalued in 2026?

Based on GuruFocus' analysis, Nortech Systems stock appears to be overvalued. The current stock price of $16.36 is trading 76.9% above its estimated GF Value™ of $9.25. GuruFocus considers Nortech Systems to be Significantly Overvalued.

Key valuation signals for NSYS:

  • E10: $0.32
  • GF Value™: $9.25 vs. price of $16.36 (76.9% above fair value)
  • GF Score™: 48/100 with 8 warning signs

No single metric tells the full story. See the NSYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nortech Systems Business Description

Address 7550 Meridian Circle North, Suite 150, Maple Grove, MN, USA, 55369
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical, and manufacturing services and support, including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense, and Industrial markets, with key revenue coming from medical-related markets.
48GF Score

Get the complete analysis for NSYS

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.36
Price
$9.25
GF Value