Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets. More Details
Flawless balance sheet and good value.
Share Price & News
How has Northern Technologies International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NTIC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NTIC underperformed the US Chemicals industry which returned 5.6% over the past year.
Return vs Market: NTIC underperformed the US Market which returned 15.6% over the past year.
Price Volatility Vs. Market
How volatile is Northern Technologies International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould You Think About Buying Northern Technologies International Corporation (NASDAQ:NTIC) Now?
1 month ago | Simply Wall StNorthern Technologies International's (NASDAQ:NTIC) Stock Price Has Reduced 32% In The Past Year
3 months ago | Simply Wall StAt US$7.50, Is Northern Technologies International Corporation (NASDAQ:NTIC) Worth Looking At Closely?
Is Northern Technologies International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NTIC ($8.19) is trading below our estimate of fair value ($23.1)
Significantly Below Fair Value: NTIC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NTIC is poor value based on its PE Ratio (59.3x) compared to the US Chemicals industry average (26.6x).
PE vs Market: NTIC is poor value based on its PE Ratio (59.3x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: NTIC is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: NTIC is good value based on its PB Ratio (1.3x) compared to the US Chemicals industry average (2x).
How is Northern Technologies International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NTIC's forecast earnings growth (138.8% per year) is above the savings rate (2.2%).
Earnings vs Market: NTIC's earnings (138.8% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NTIC's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: NTIC's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NTIC's Return on Equity is forecast to be high in 3 years time
How has Northern Technologies International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NTIC has high quality earnings.
Growing Profit Margin: NTIC's current net profit margins (2.5%) are lower than last year (11.4%).
Past Earnings Growth Analysis
Earnings Trend: NTIC's earnings have grown significantly by 32% per year over the past 5 years.
Accelerating Growth: NTIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NTIC had negative earnings growth (-80.7%) over the past year, making it difficult to compare to the Chemicals industry average (-18.6%).
Return on Equity
High ROE: NTIC's Return on Equity (2.8%) is considered low.
How is Northern Technologies International's financial position?
Financial Position Analysis
Short Term Liabilities: NTIC's short term assets ($32.6M) exceed its short term liabilities ($4.5M).
Long Term Liabilities: NTIC's short term assets ($32.6M) exceed its long term liabilities ($314.5K).
Debt to Equity History and Analysis
Debt Level: NTIC is debt free.
Reducing Debt: NTIC had no debt 5 years ago.
Debt Coverage: NTIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NTIC has no debt, therefore coverage of interest payments is not a concern.
What is Northern Technologies International current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NTIC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NTIC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NTIC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NTIC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NTIC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NTIC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
G. Lynch (53 yo)
Mr. G. Patrick Lynch has been the Chief Executive Officer of Northern Technologies International Corporation since January 31, 2006 and has been its President since July 2005. Mr. Lynch served as the Presi ...
CEO Compensation Analysis
Compensation vs Market: G.'s total compensation ($USD873.18K) is above average for companies of similar size in the US market ($USD585.94K).
Compensation vs Earnings: G.'s compensation has been consistent with company performance over the past year.
|CFO & Corporate Secretary||18.92yrs||US$648.58k||1.48% |
|VP & Director of Global Market Development - Natur-Tec||14.92yrs||no data||no data|
Experienced Management: NTIC's management team is seasoned and experienced (14.9 years average tenure).
|Director Emeritus||10.17yrs||US$204.67k||no data|
|Independent Non-Executive Chairman||7.92yrs||US$125.50k||0.34% |
|Independent Director||7.92yrs||US$96.50k||0.013% |
|Independent Director||12.42yrs||US$86.00k||0.37% |
|Independent Director||16.75yrs||US$34.00k||0% |
|Independent Director||1yr||no data||0.011% |
|Independent Director||1yr||no data||no data|
Experienced Board: NTIC's board of directors are seasoned and experienced ( 10.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Northern Technologies International Corporation's company bio, employee growth, exchange listings and data sources
- Name: Northern Technologies International Corporation
- Ticker: NTIC
- Exchange: NasdaqGM
- Founded: 1970
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$72.891m
- Shares outstanding: 9.10m
- Website: https://www.ntic.com
Number of Employees
- Northern Technologies International Corporation
- 4201 Woodland Road
- PO Box 69
- Circle Pines
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NTIC||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Dec 1977|
Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and o ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/28 23:49|
|End of Day Share Price||2020/10/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.