NTIC (Northern Technologies International) EBIT: $2.90 Mil (TTM As of Feb. 2026)


NTIC Northern Technologies International Corp NTIC
56 GF Score
Price $8.63
GF Value $13.76
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Northern Technologies International EBIT?

Northern Technologies International NTIC -1.71% 56 EBIT is $2.90 Mil as of Feb. 2026. GuruFocus rates NTIC with a GF Score™ of 56/100 and a GF Value™ of $13.76 (Possible Value Trap). The stock has 4 warning signs investors should review.

Northern Technologies International's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was $0.45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was $2.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Northern Technologies International's annualized ROC % for the quarter that ended in Feb. 2026 was -5.35%. Northern Technologies International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 4.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Northern Technologies International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 3.05%.

Northern Technologies International  (NAS:NTIC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Northern Technologies International's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=-6.576 * ( 1 - 29.76% )/( (84.764 + 87.847)/ 2 )
=-4.6189824/86.3055
=-5.35 %

where

Invested Capital(Q: Nov. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=104.029 - 12.875 - ( 6.39 - max(0, 25.183 - 44.624+6.39))
=84.764

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=104.898 - 10.581 - ( 6.47 - max(0, 25.018 - 45.22+6.47))
=87.847

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Northern Technologies International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.792/( ( (16.297 + max(23.735, 0)) + (16.317 + max(26.567, 0)) )/ 2 )
=1.792/( ( 40.032 + 42.884 )/ 2 )
=1.792/41.458
=4.32 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.202 + 16.108 + 2.3) - (12.875 + 0 + 0)
=23.735

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.034 + 16.507 + 2.607) - (10.581 + 0 + 0)
=26.567

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Northern Technologies International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=2.901/94.964
=3.05 %

* 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.

Northern Technologies International EBIT Related Terms

Northern Technologies International EBIT Historical Data

* Premium members only.

The historical data trend for Northern Technologies International's EBIT 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.

Northern Technologies International EBIT Chart

Northern Technologies International Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.48 9.15 6.05 7.99 3.63

Northern Technologies International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
EBIT 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 1.02 0.91 0.58 0.97 0.45

NTIC vs FSI, FEAM, KBLB: EBIT Comparison

For the Specialty Chemicals subindustry, Northern Technologies International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Northern Technologies International EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Northern Technologies International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Northern Technologies International's EV-to-EBIT falls into.


NTIC
56GF Score
Northern Technologies International Corp NTIC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Technologies International EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.90 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $2.90 Mil mean?
Northern Technologies International (NTIC) has a EBIT of $2.90 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Northern Technologies International.
Is Northern Technologies International's EBIT too high?
Northern Technologies International's current EBIT is $2.90 Mil. Overall, Northern Technologies International has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Technologies International's EBIT compare to FSI and FEAM?
Northern Technologies International's EBIT of $2.90 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Chemicals company?
A good EBIT depends on the Chemicals industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Northern Technologies International. Northern Technologies International's current EBIT is $2.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Northern Technologies International (NTIC) is currently considered Possible Value Trap. The stock's GF Value™ is $13.76, compared to a current price of $8.63 — trading 37.3% below its estimated fair value. The current EBIT is $2.90 Mil. Northern Technologies International's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Northern Technologies International (NTIC), the current EBIT is $2.90 Mil as of Feb. 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 Northern Technologies International (NTIC) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Technologies International stock appears to be undervalued. The current stock price of $8.63 is trading 37.3% below its estimated GF Value™ of $13.76. GuruFocus considers Northern Technologies International to be Possible Value Trap.

Key valuation signals for NTIC:

  • EBIT: $2.90 Mil
  • GF Value™: $13.76 vs. price of $8.63 (37.3% below fair value)
  • GF Score™: 56/100 with 4 warning signs

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

Northern Technologies International Business Description

Address 4201 Woodland Road, P.O. Box 69, Circle Pines, MN, USA, 55014
Northern Technologies International Corp is a United States-based firm that develops and markets proprietary, environmentally beneficial products and services world wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments, which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company. The company generates the majority of its revenue in the United States.
56GF Score

Get the complete analysis for NTIC

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

$8.63
Price
$13.76
GF Value