Nortech Systems vs Varex Imaging
NSYS and VREX side by side, both in electronic components and accessories. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How NSYS and VREX compare
Varex Imaging is the larger company, worth 25 times as much as Nortech Systems ($774M against $30.6M).
On earnings, Nortech Systems is cheaper: it trades at 17.0× trailing earnings, against 35.4× for Varex Imaging.
Nortech Systems grew revenue faster over the last twelve months (57.8% versus 5.3% for Varex Imaging).
Varex Imaging keeps more of each dollar of sales as profit, with a net margin of 2.6% compared with 0.99% at Nortech Systems.
Nortech Systems scores higher on the StockData Score (11 against 7 for Varex Imaging), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | NSYS | VREX |
|---|---|---|
| Size and price | ||
| Market cap | $30.6M | $774M |
| Share price | $10.71 | $18.39 |
| Change, 1 year | 14.4% | 52.5% |
| Change, 5 years | 2.3% | −37.7% |
| Beta (5Y) | 0.41 | 1.14 |
| Employees | 5 | 400 |
| StockData Score | ||
| Total score | 11 (better) | 7 |
| Valuation score | 4 (better) | 3 |
| Growth score | 1 | 1 |
| Performance score | 1 | 1 |
| Health score | 5 (better) | 2 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 17.0× (better) | 35.4× |
| P/S | 0.2× (better) | 0.9× |
| P/B | 0.8× (better) | 1.6× |
| EV/EBITDA | 9.7× (better) | 14.3× |
| P/FCF | 6.4× | – |
| FCF yield | 15.6% (better) | −2.6% |
| Fair value | $15.72 | $19.90 |
| Margin of safety | 31.9% (better) | 7.6% |
| Growth | ||
| Revenue growth (TTM) | 57.8% (better) | 5.3% |
| Revenue growth, 5Y average | −34.9% | 2.7% (better) |
| Profitability | ||
| Gross margin | 11.6% | 34.3% (better) |
| Operating margin | 1.6% | 8.3% (better) |
| Net margin | 0.99% | 2.6% (better) |
| FCF margin | 2.6% (better) | −2.3% |
| Return on equity | 5.2% (better) | 4.6% |
| Return on invested capital | 7.7% | 8.3% (better) |
| Financial health | ||
| Debt / equity | 0.04 (better) | 0.70 |
| Net debt / EBITDA | −0.51 | 3.43 (better) |
| Interest coverage | 3.3× (better) | 1.9× |
| Current ratio | 1.74 | 3.38 (better) |
| Altman Z-score | 3.39 (better) | 2.28 |
| Piotroski F-score | 5 | 5 |
| Dividends and buybacks | ||
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 7.8% | 96.2% |
| Held by insiders | 52.1% | 2.0% |
| Insider net buying, 12 months | – | −$2.6M |
| Short interest, % of float | 0.24% | 4.9% |
Go deeper
- NSYS stock overview
- NSYS income statement
- NSYS valuation and score
- VREX stock overview
- VREX income statement
- VREX valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.