Basis: Current FMP quote-based enterprise value / four-quarter operating income plus matched D&A. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBITDA ratio high or low?
The EV/EBITDA ratio of 12.91x is 30% above its estimated 5-year average of 9.96x, near the low end of its estimated 5-year range (5.16x–292.77x).
As of 2026-10-06T18:22:20.597Z. 88.77% below its estimated 12-month average of 114.94x.
Calculation as of: 2026-10-06T18:22:20.597Z.
Quote observation: 2026-10-06T18:16:16.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 99ee00bc2f4aa40d5d918347778efcb7f19b116313d5be84bba1ddfc51e138d0
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/EBITDA RATIO
12.91x
EV/EBITDA RATIO AVG TTM
114.94x
EV/EBITDA RATIO AVG 3Y
10.57x
EV/EBITDA RATIO AVG 5Y
9.96x
EV/EBITDA RATIO AVG 10Y
11.45x
EV/EBITDA RATIO AVG 15Y
9.75x
EV/EBITDA RATIO AVG 20Y
8.48x
CURRENT VS TTM AVG
-88.77%
CURRENT VS 3Y AVG
+22.12%
CURRENT VS 5Y AVG
+29.61%
CURRENT VS 10Y AVG
+12.76%
CURRENT VS 15Y AVG
+32.36%
CURRENT VS 20Y AVG
+52.28%
SECTOR MEDIAN · HEALTHCARE
15.76x
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
-18.08%
vs the sector median at left
Nortech Systems Incorporated
Market Cap
$31.77M
EV/EBITDA Ratio
12.91x
TTM Avg
114.94x
3Y Avg
10.57x
5Y Avg
9.96x
Market Cap
$32.68M
EV/EBITDA Ratio
N/A
TTM Avg
26.23x
3Y Avg
26.23x
5Y Avg
26.23x
Market Cap
$30.85M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$30.36M
EV/EBITDA Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nortech Systems Incorporated (NSYS) | $31.77M | 12.91x | 114.94x | 10.57x | 9.96x |
| Rockwell Medical, Inc. (RMTI)vs › | $32.68M | N/A | 26.23x | 26.23x | 26.23x |
| Scilex Holding Company (SCLX)vs › | $32.35M | N/A | N/A | N/A | N/A |
| Baird Medical Investment Holdings Limited (BDMD)vs › | $30.85M | N/A | N/A | N/A | N/A |
| MDxHealth S.A. (MDXH)vs › | $30.67M | N/A | N/A | N/A | N/A |
| SCYNEXIS, Inc. (SCYX)vs › | $30.66M | N/A | 0.97x | 0.97x | 0.97x |
| BeyondSpring Inc. (BYSI)vs › | $30.52M | N/A | N/A | N/A | N/A |
| CervoMed Inc. (CRVO)vs › | $30.74M | N/A | 0.36x | 0.82x | 0.82x |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $30.36M | N/A | N/A | N/A | N/A |
| GridAI Technologies Corp. (GRDX)vs › | $29.66M | N/A | N/A | N/A | N/A |
At 12.9, EV/EBITDA is above its estimated 20-year median — higher than 76% of readings in its estimated 20-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 20-year low
3.0
median
7.9
estimated 20-year high
292.8
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-10-05 | 13.28x |
| 2026-10-02 | 13.70x |
| 2026-10-01 | 13.21x |
| 2026-09-30 | 13.41x |
| 2026-09-29 | 13.37x |
| 2026-09-28 | 13.24x |
| 2026-09-25 | 13.46x |
| 2026-09-24 | 13.42x |
| 2026-09-23 | 13.49x |
| 2026-09-22 | 13.62x |
| 2026-09-21 | 13.50x |
| 2026-09-18 | 13.87x |
| 2026-09-17 | 13.71x |
| 2026-09-16 | 13.65x |
| 2026-09-15 | 13.68x |
| 2026-09-14 | 13.38x |
| 2026-09-11 | 13.39x |
| 2026-09-10 | 13.58x |
| 2026-09-09 | 13.66x |
| 2026-09-08 | 13.82x |
| 2026-09-04 | 13.81x |
| 2026-09-03 | 13.51x |
| 2026-09-02 | 13.65x |
| 2026-09-01 | 13.68x |
| 2026-08-31 | 13.71x |
| 2026-08-28 | 13.91x |
| 2026-08-27 | 14.29x |
| 2026-08-26 | 13.86x |
| 2026-08-25 | 14.19x |
| 2026-08-24 | 13.76x |
| 2026-08-21 | 14.09x |
| 2026-08-20 | 13.81x |
| 2026-08-19 | 14.08x |
| 2026-08-18 | 14.20x |
| 2026-08-17 | 14.33x |
| 2026-08-14 | 14.13x |
| 2026-08-13 | 14.64x |
| 2026-08-12 | 15.08x |
| 2026-08-11 | 14.84x |
| 2026-08-10 | 14.67x |
| 2026-08-07 | 15.23x |
| 2026-08-06 | 14.44x |
| 2026-08-05 | 14.28x |
| 2026-08-04 | 14.70x |
| 2026-08-03 | 14.27x |
| 2026-07-31 | 13.88x |
| 2026-07-30 | 13.85x |
| 2026-07-29 | 14.44x |
| 2026-07-28 | 14.54x |
| 2026-07-27 | 14.95x |
| 2026-07-24 | 14.39x |
| 2026-07-23 | 14.45x |
| 2026-07-22 | 14.31x |
| 2026-07-21 | 14.13x |
| 2026-07-20 | 13.85x |
| 2026-07-17 | 14.11x |
| 2026-07-16 | 14.40x |
| 2026-07-15 | 14.24x |
| 2026-07-14 | 14.26x |
| 2026-07-13 | 13.95x |
| 2026-07-10 | 14.12x |
| 2026-07-09 | 14.58x |
| 2026-07-08 | 14.47x |
| 2026-07-07 | 13.89x |
| 2026-07-06 | 14.59x |
| 2026-07-02 | 14.60x |
| 2026-07-01 | 15.62x |
| 2026-06-30 | 15.51x |
| 2026-06-29 | 15.82x |
| 2026-06-26 | 15.95x |
| 2026-06-25 | 16.13x |
| 2026-06-24 | 15.75x |
| 2026-06-23 | 16.22x |
| 2026-06-22 | 16.78x |
| 2026-06-18 | 16.72x |
| 2026-06-17 | 15.28x |
| 2026-06-16 | 15.69x |
| 2026-06-15 | 15.81x |
| 2026-06-12 | 15.98x |
| 2026-06-11 | 16.08x |
| 2026-06-10 | 16.38x |
| 2026-06-09 | 16.34x |
| 2026-06-08 | 15.86x |
| 2026-06-05 | 15.52x |
| 2026-06-04 | 16.13x |
| 2026-06-03 | 16.04x |
| 2026-06-02 | 16.64x |
| 2026-06-01 | 16.84x |
| 2026-05-29 | 14.87x |
| 2026-05-28 | 15.90x |
| 2026-05-27 | 14.15x |
| 2026-05-26 | 13.43x |
| 2026-05-22 | 12.93x |
| 2026-05-21 | 12.93x |
| 2026-05-20 | 12.99x |
| 2026-05-19 | 12.95x |
| 2026-05-18 | 13.05x |
| 2026-05-15 | 13.06x |
| 2026-05-14 | 12.85x |
| 2026-05-13 | 23.39x |
| 2026-05-12 | 22.84x |
| 2026-05-11 | 23.12x |
| 2026-05-08 | 22.04x |
| 2026-05-07 | 21.62x |
| 2026-05-06 | 22.46x |
| 2026-05-05 | 23.21x |
| 2026-05-04 | 23.97x |
| 2026-05-01 | 22.43x |
| 2026-04-30 | 23.00x |
| 2026-04-29 | 22.30x |
| 2026-04-28 | 23.13x |
| 2026-04-27 | 23.75x |
| 2026-04-24 | 23.75x |
| 2026-04-23 | 25.14x |
| 2026-04-22 | 24.05x |
| 2026-04-21 | 24.10x |
| 2026-04-20 | 23.80x |
| 2026-04-17 | 24.02x |
| 2026-04-16 | 23.88x |
| 2026-04-15 | 24.03x |
| 2026-04-14 | 23.60x |
| 2026-04-13 | 23.93x |
| 2026-04-10 | 23.17x |
| 2026-04-09 | 23.75x |
| 2026-04-08 | 22.78x |
| 2026-04-07 | 22.33x |
| 2026-04-06 | 22.39x |
| 2026-04-02 | 22.11x |
| 2026-04-01 | 21.91x |
| 2026-03-31 | 21.21x |
| 2026-03-30 | 20.80x |
| 2026-03-27 | 20.77x |
| 2026-03-26 | 285.05x |
| 2026-03-25 | 287.23x |
| 2026-03-24 | 292.77x |
| 2026-03-23 | 288.57x |
| 2026-03-20 | 285.55x |
| 2026-03-19 | 284.55x |
| 2026-03-18 | 281.36x |
| 2026-03-17 | 280.18x |
| 2026-03-16 | 281.19x |
| 2026-03-13 | 273.81x |
| 2026-03-12 | 279.01x |
| 2026-03-11 | 277.16x |
| 2026-03-10 | 277.16x |
| 2026-03-09 | 274.48x |
| 2026-03-06 | 273.81x |
| 2026-03-05 | 277.33x |
| 2026-03-04 | 277.33x |
| 2026-03-03 | 270.45x |
| 2026-03-02 | 278.84x |
| 2026-02-27 | 278.51x |
| 2026-02-26 | 271.29x |
| 2026-02-25 | 272.97x |
| 2026-02-24 | 270.79x |
| 2026-02-23 | 266.26x |
| 2026-02-20 | 277.33x |
| 2026-02-19 | 279.68x |
| 2026-02-18 | 280.02x |
| 2026-02-17 | 282.20x |
| 2026-02-13 | 277.16x |
| 2026-02-12 | 277.16x |
| 2026-02-11 | 277.00x |
| 2026-02-10 | 271.12x |
| 2026-02-09 | 270.62x |
| 2026-02-06 | 265.42x |
| 2026-02-05 | 270.28x |
| 2026-02-04 | 270.45x |
| 2026-02-03 | 277.16x |
| 2026-02-02 | 280.69x |
| 2026-01-30 | 268.27x |
| 2026-01-29 | 269.11x |
| 2026-01-28 | 267.60x |
| 2026-01-27 | 270.12x |
| 2026-01-26 | 262.06x |
| 2026-01-23 | 266.42x |
| 2026-01-22 | 266.42x |
| 2026-01-21 | 259.54x |
| 2026-01-20 | 260.05x |
| 2026-01-16 | 260.38x |
| 2026-01-15 | 260.05x |
| 2026-01-14 | 255.01x |
| 2026-01-13 | 252.16x |
| 2026-01-12 | 247.29x |
| 2026-01-09 | 249.31x |
| 2026-01-08 | 249.64x |
| 2026-01-07 | 250.15x |
| 2026-01-06 | 244.61x |
| 2026-01-05 | 242.76x |
| 2026-01-02 | 244.11x |
| 2025-12-31 | 244.11x |
| 2025-12-30 | 242.43x |
| 2025-12-29 | 242.43x |
| 2025-12-26 | 243.43x |
| 2025-12-24 | 242.76x |
| 2025-12-23 | 244.44x |
| 2025-12-22 | 239.41x |
| 2025-12-19 | 238.57x |
| 2025-12-18 | 238.40x |
| 2025-12-17 | 236.55x |
| 2025-12-16 | 239.91x |
| 2025-12-15 | 236.89x |
| 2025-12-12 | 242.76x |
| 2025-12-11 | 243.60x |
| 2025-12-10 | 241.92x |
| 2025-12-09 | 239.74x |
| 2025-12-08 | 241.09x |
| 2025-12-05 | 235.88x |
| 2025-12-04 | 237.73x |
| 2025-12-03 | 235.55x |
| 2025-12-02 | 234.71x |
| 2025-12-01 | 233.53x |
| 2025-11-28 | 234.54x |
| 2025-11-26 | 233.70x |
| 2025-11-25 | 236.05x |
| 2025-11-24 | 239.74x |
| 2025-11-21 | 236.05x |
| 2025-11-20 | 233.70x |
| 2025-11-19 | 236.05x |
| 2025-11-18 | 236.89x |
| 2025-11-17 | 237.56x |
| 2025-11-14 | 242.60x |
| 2025-05-14 | 26.73x |
| 2025-05-13 | 27.18x |
| 2025-05-12 | 26.62x |
| 2025-05-09 | 26.55x |
| 2025-05-08 | 26.43x |
| 2025-05-07 | 28.34x |
| 2025-05-06 | 27.52x |
| 2025-05-05 | 27.52x |
| 2025-05-02 | 26.73x |
| 2025-05-01 | 26.34x |
| 2025-04-30 | 27.89x |
| 2025-04-29 | 27.62x |
| 2025-04-28 | 25.84x |
| 2025-04-25 | 26.19x |
| 2025-04-24 | 24.92x |
| 2025-04-23 | 25.75x |
| 2025-04-22 | 24.60x |
| 2025-04-21 | 25.30x |
| 2025-04-17 | 24.80x |
| 2025-04-16 | 24.96x |
| 2025-04-15 | 25.30x |
| 2025-04-14 | 25.39x |
| 2025-04-11 | 25.32x |
| 2025-04-10 | 25.09x |
| 2025-04-09 | 25.39x |
| 2025-04-08 | 26.46x |
| 2025-04-07 | 25.94x |
| 2025-04-04 | 27.18x |
| 2025-04-03 | 27.53x |
| 2025-04-02 | 27.66x |
| 2025-04-01 | 27.52x |
| 2025-03-31 | 7.81x |
| 2025-03-28 | 8.05x |
| 2025-03-27 | 8.04x |
| 2025-03-26 | 7.90x |
| 2025-03-25 | 8.08x |
| 2025-03-24 | 8.08x |
| 2025-03-21 | 8.02x |
Showing the most recent 260 of 4,524 data points. The chart above shows the full history.
