KEY Tronic vs Nortech Systems
KEY Tronic is the larger business, with $387m of revenue in fiscal 2026 against $118m for Nortech Systems (3.3 times as much). Nortech Systems grew faster (-7.6% against -17.4%). Nortech Systems kept more of each dollar of sales as profit: a net margin of -0.2% against -12.4%. Nortech Systems carries less debt relative to equity (53.9% against 156.6%).
| Latest fiscal year | KEY TronicKTCC, 2026 | Nortech SystemsNSYS, 2025 |
|---|---|---|
| Revenue | $387m | $118m |
| Revenue growth | -17.4% | -7.6% |
| Net income | −$47.8m | −$252,000 |
| Operating margin | -3.8% | 0.8% |
| Net margin | -12.4% | -0.2% |
| Return on equity | -51.3% | -0.7% |
| Free cash flow | −$1.9m | $2.1m |
| Cash | $584,000 | $1.7m |
| Total debt | $108m | $18.6m |
| Debt to equity | 156.6% | 53.9% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 3,298 | — |
| Market value | $23.6m | $32.2m |
| Price vs our value range | Below our value range | — |
| Moat score | 23 (Weak) | 23 (Weak) |
| Insider trades, 12 months | 0 buys, 16 sales | 0 buys, 0 sales |