Nortech Systems (Nortech Systems) GF Value Rank : 9 (As of May. 21, 2024)

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What is Nortech Systems GF Value Rank?

Nortech Systems has the GF Value Rank of 9.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Nortech Systems's GF Value Rank

For the Medical Devices subindustry, Nortech Systems's GF Value Rank, along with its competitors' market caps and GF Value Rank 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's GF Value Rank Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Nortech Systems's GF Value Rank falls into.

Nortech Systems GF Value Rank Related Terms

Thank you for viewing the detailed overview of Nortech Systems's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Nortech Systems (Nortech Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nortech Systems Inc (NAS:NSYS) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

7550 Meridian Circle N, Suite 150, Maple Grove, MN, USA, 55369

Website

https://www.nortechsys.com

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 device and product manufacturing and related engineering services.

Executives

Amy S. Fredregill	director	7550 MERIDIAN CIRCLE N., SUITE # 150, MAPLE GROVE MN 55369
Jose Antonio Peris	director	7550 MERIDIAN CIRCLE N., SUITE # 150, MAPLE GROVE MN 55369
David B Kunin	director	7201 METRO BOULEVARD, MINNEAPOLIS MN 55439
David J. Graff	director	7550 MERIDIAN CIRCLE N., SUITE 150, MAPLE GROVE MN 55369
Daniel Ramon Everingham	10 percent owner	617 COUNTRY VIEW LANE, GARLAND TX 75043
Jay D Miller	director	7550 MERIDIAN CIR N, SUITE 150, MAPLE GROVE MN 55369
Christopher Dean Jones	officer: CFO	7550 MERIDIAN CIRCLE N., SUITE 150, MAPLE GROVE MN 55369
Stacy A Kruse	director	7401 BOONE AVENUE NORTH, BROOKLYN PARK MN 55428
Philip Irving Smith	director	4503 BROWNDALE AVENUE, EDINA MN 55424
Dan Sachs	director	7550 MERIDIAN CIRCLE N., MAPLE GROVE MN 55369
Steven J Rosenstone	director	7550 MERIDIAN CIR N, SUITE 150, MAPLE GROVE MN 55369
Heidi B Grange	officer: Senior Vice President of HR	7550 MERIDIAN CIRCLE N, MAPLE GROVE MN 55369
John Lindeen	officer: Sr VP - Global Operations	7550 MERIDIAN CIRCLE N, SUITE 150, MAPLE GROVE MN 55369
Beck Constance	officer: Chief Financial Officer	NORTECH SYSTEMS INCORPORATED, 7550 MERDIAN CIRCLE N, MAPLE GROVE MN 55369
Matt Mahmood	officer: Chief Operating Officer	7550 MERIDIAN CIRCLE N, SUITE 150, MAPLE GROVE MN 55369