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.
Flawless balance sheet with reasonable growth potential.
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 -5.8% over the past year.
Return vs Market: NTIC underperformed the US Market which returned 20.3% 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
2 weeks ago | Simply Wall StInterested In Northern Technologies International Corporation (NASDAQ:NTIC)’s Upcoming 0.4% Dividend? You Have 3 Days Left
1 month ago | Simply Wall StShould You Worry About Northern Technologies International Corporation's (NASDAQ:NTIC) CEO Pay Cheque?
1 month ago | Simply Wall StIf You Had Bought Northern Technologies International (NASDAQ:NTIC) Shares Three Years Ago You'd Have Made 97%
Is Northern Technologies International undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NTIC ($13.45) is trading above our estimate of fair value ($5.38)
Significantly Below Fair Value: NTIC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NTIC is poor value based on its PE Ratio (24.8x) compared to the Chemicals industry average (22.4x).
PE vs Market: NTIC is poor value based on its PE Ratio (24.8x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: NTIC is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: NTIC is overvalued based on its PB Ratio (2.1x) compared to the US Chemicals industry average (2.1x).
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 (29.9% per year) is above the savings rate (1.7%).
Earnings vs Market: NTIC's earnings (29.9% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NTIC's revenue (16.3% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: NTIC's revenue (16.3% per year) is forecast to grow slower than 20% 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 (8.7%) are lower than last year (13.2%).
Past Earnings Growth Analysis
Earnings Trend: NTIC's earnings have grown significantly by 32.2% 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 (-30.8%) over the past year, making it difficult to compare to the Chemicals industry average (-15.9%).
Return on Equity
High ROE: NTIC's Return on Equity (9.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Northern Technologies International's financial position?
Financial Position Analysis
Short Term Liabilities: NTIC's short term assets ($32.0M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: NTIC's short term assets ($32.0M) exceed its long term liabilities ($302.9K).
Debt to Equity History and Analysis
Debt Level: NTIC is debt free.
Reducing Debt: NTIC had no debt 5 years ago.
Debt Coverage: NTIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NTIC has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: NTIC has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if NTIC's debt is covered by short term assets.
What is Northern Technologies International's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NTIC's dividend (1.93%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: NTIC's dividend (1.93%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NTIC has been paying a dividend for less than 10 years.
Growing Dividend: NTIC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.2%), NTIC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
G. Lynch (52yo)
Mr. G. Patrick Lynch has been the Chief Executive Officer of Northern Technologies International Corporation since January 31, 2006 and has been its President since July 2005. Mr. Lynch served as the Presi ...
CEO Compensation Analysis
Compensation vs Market: G.'s total compensation ($USD873.18K) is above average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: G.'s compensation has been consistent with company performance over the past year.
|Director Emeritus||9.5yrs||US$204.67k||no data|
|Independent Non-Executive Chairman||7.3yrs||US$125.50k||0.34% $414.9k|
|Independent Director||7.3yrs||US$96.50k||0.013% $16.3k|
|Independent Director||11.8yrs||US$86.00k||0.37% $452.0k|
|Independent Director||16.1yrs||US$34.00k||no data|
|Independent Director||6.3yrs||US$92.50k||0.033% $40.7k|
|Independent Director||0.3yrs||no data||no data|
|Independent Director||0.3yrs||no data||no data|
Experienced Board: NTIC's board of directors are considered experienced (8.4 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.
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$123.359m
- 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 oil and gas markets. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company also provides a portfolio of biobased and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site technical consulting for rust and corrosion prevention issues. The company sells its products and services through a direct sales force, a network of independent distributors and agents, manufacturer’s sales representatives, strategic partners, and joint venture arrangements primarily in North America, South America, Europe, Asia, and the Middle East. Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, Minnesota.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 23:47|
|End of Day Share Price||2020/02/20 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.