NSYS (Nortech Systems) Scaled Net Operating Assets: 0.71 (As of Mar. 2026)


NSYS Nortech Systems Inc NSYS
54 GF Score
Price $16.25
GF Value $9.25
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nortech Systems Scaled Net Operating Assets?

Nortech Systems NSYS +0.62% 54 Scaled Net Operating Assets is 0.71 as of Mar. 2026. GuruFocus rates NSYS with a GF Score™ of 54/100 and a GF Value™ of $9.25 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nortech Systems's operating assets for the quarter that ended in Mar. 2026 was $74.7 Mil. Nortech Systems's operating liabilities for the quarter that ended in Mar. 2026 was $23.9 Mil. Nortech Systems's Total Assets for the quarter that ended in Dec. 2025 was $71.9 Mil. Therefore, Nortech Systems's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.71.


Nortech Systems Scaled Net Operating Assets Historical Data

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The historical data trend for Nortech Systems's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Nortech Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.65 0.70 0.68 0.67

Nortech Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.74 0.73 0.71 0.65 0.71

NSYS vs ELUT, SRTS, MYO: Scaled Net Operating Assets Comparison

For the Medical Devices subindustry, Nortech Systems's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Nortech Systems's Scaled Net Operating Assets falls into.


NSYS
54GF Score
Nortech Systems Inc NSYS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nortech Systems Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nortech Systems's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(70.264-21.664)/72.435
=0.67

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=71.919 - 1.655
=70.264

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=37.372 - 7.102 - 8.606
=21.664

Nortech Systems's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(74.676-23.94)/71.919
=0.71

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=76.64 - 1.964
=74.676

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41.932 - 8.506 - 9.486
=23.94

* 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.

What does a Scaled Net Operating Assets of 0.71 mean?
Nortech Systems (NSYS) has a Scaled Net Operating Assets of 0.71 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nortech Systems and its competitors.
Is Nortech Systems' Scaled Net Operating Assets too high?
Nortech Systems' current Scaled Net Operating Assets is 0.71. Overall, Nortech Systems has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nortech Systems' Scaled Net Operating Assets compare to ELUT and SRTS?
Nortech Systems' Scaled Net Operating Assets of 0.71 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 Scaled Net Operating Assets for a Medical Devices & Instruments company?
A good Scaled Net Operating Assets depends on the Medical Devices & Instruments industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nortech Systems and its competitors. Nortech Systems's current Scaled Net Operating Assets is 0.71. 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 $16.25 — trading 75.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.71. Nortech Systems' overall GF Score™ is 54/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Nortech Systems (NSYS), the current Scaled Net Operating Assets is 0.71 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 $16.25 is trading 75.7% above its estimated GF Value™ of $9.25. GuruFocus considers Nortech Systems to be Significantly Overvalued.

Key valuation signals for NSYS:

  • Scaled Net Operating Assets: 0.71
  • GF Value™: $9.25 vs. price of $16.25 (75.7% above fair value)
  • GF Score™: 54/100 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.
54GF Score

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

$16.25
Price
$9.25
GF Value