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Northern Technologies International Corp. (NTIC) Fundamental Analysis & AI Grade 2026

NTIC Nasdaq Coating, Engraving & Allied Services DE CIK: 0000875582
Recently Updated • Analysis: Aug 5, 2026 • SEC Data: 2026-05-31
Combined AI Grade
C
71% Confidence
STRONG AGREEMENT
C
72% Conf
C
70% Conf

📊 NTIC Key Takeaways

Revenue: $69.5M
Net Margin: -0.1%
Free Cash Flow: $-1.8M
Current Ratio: 1.72x
Debt/Equity: 0.01x
EPS: $-0.01
AI Grade: C with 72% confidence
Northern Technologies International Corp. (NTIC) receives a C fundamental grade with 71% confidence from our AI analysis based on SEC 10-K filings. With revenue of $69.5M, net profit margin of -0.1%, and return on equity (ROE) of -0.1%, Northern Technologies International Corp. demonstrates mixed fundamentals in the Services sector. Below is our complete NTIC stock analysis for 2026.

Is Northern Technologies International Corp. (NTIC) a Good Investment?

Claude

NTIC exhibits deteriorating operational fundamentals with revenue declining YoY and the company turning unprofitable at the net level. Most critically, negative operating cash flow (-$758.6K) and free cash flow (-$1.8M) indicate the core business is not self-sustaining. While a fortress balance sheet with minimal debt provides a financial buffer, the 2.6% operating margin and negative net margin signal structural profitability challenges that demand immediate operational turnaround.

ChatGPT

Fundamentals have deteriorated: revenue slipped and net income fell 98% YoY, leaving returns (ROE/ROA) near zero and margins thin. Cash generation is weak with negative free cash flow, though the balance sheet remains conservative with minimal debt and adequate liquidity. Without clear progress on margin recovery and cash conversion, the risk/reward on fundamentals skews negative.

Northern Technologies International Corp. Key Strengths (NTIC)

Claude
  • + Extremely conservative balance sheet with 0.01x Debt/Equity ratio providing financial flexibility
  • + Solid liquidity metrics (1.72x Current Ratio, 1.15x Quick Ratio) enable near-term obligations management
  • + Reasonable gross margin of 35.1% indicates underlying production economics are not fundamentally broken
ChatGPT
  • + Net cash position and very low leverage (D/E 0.01x)
  • + Adequate liquidity (current 1.77x, quick 1.13x)
  • + Decent gross margin at 36%

NTIC Stock Risks: Northern Technologies International Corp. Investment Risks

Claude
  • ! Revenue contraction of 1.0% YoY combined with negative net profitability (-0.1% margin) signals lost competitiveness
  • ! Negative operating cash flow (-$758.6K) and free cash flow (-$1.8M) indicate cash burn from core operations is unsustainable
  • ! Operating margin at 2.6% is critically thin, leaving no buffer for further deterioration or unexpected costs
ChatGPT
  • ! Severe earnings deterioration (-98% YoY net income; EPS near zero)
  • ! Thin profitability (4% operating margin, 1% net margin) and modest interest coverage (3.6x)
  • ! Negative free cash flow (-2.1% margin) indicating weak cash conversion

Key Metrics to Watch

Claude
  • * Operating cash flow trajectory (must return to positive)
  • * Operating margin expansion from current 2.6% level
  • * Revenue growth stabilization and return to top-line expansion
ChatGPT
  • * Operating margin
  • * Free cash flow margin

Northern Technologies International Corp. (NTIC) Financial Metrics & Key Ratios

Revenue
$69.5M
Net Income
$-60.8K
EPS (Diluted)
$-0.01
Free Cash Flow
$-1.8M
Total Assets
$107.1M
Cash Position
$7.3M

💡 AI Analyst Insight

Northern Technologies International Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

NTIC Profit Margin, ROE & Profitability Analysis

Gross Margin 35.1%
Operating Margin 2.6%
Net Margin -0.1%
ROE -0.1%
ROA -0.1%
FCF Margin -2.6%

NTIC vs Services Sector: How Northern Technologies International Corp. Compares

How Northern Technologies International Corp. compares to Services sector averages

Net Margin
NTIC -0.1%
vs
Sector Avg 10.0%
NTIC Sector
ROE
NTIC -0.1%
vs
Sector Avg 16.0%
NTIC Sector
Current Ratio
NTIC 1.7x
vs
Sector Avg 1.5x
NTIC Sector
Debt/Equity
NTIC 0.0x
vs
Sector Avg 0.7x
NTIC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Northern Technologies International Corp. Stock Overvalued? NTIC Valuation Analysis 2026

Based on fundamental analysis, Northern Technologies International Corp. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
-0.1%
Sector avg: 16%
Net Profit Margin
-0.1%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.01x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Northern Technologies International Corp. Balance Sheet: NTIC Debt, Cash & Liquidity

Current Ratio
1.72x
Quick Ratio
1.15x
Debt/Equity
0.01x
Debt/Assets
0.0%
Interest Coverage
7.06x
Long-term Debt
$914.4K

NTIC Revenue & Earnings Growth: 5-Year Financial Trend

NTIC 5-year financial data: Year 2021: Revenue $56.5M, Net Income -$1.3M, EPS $-0.15. Year 2022: Revenue $74.2M, Net Income $6.3M, EPS $0.64. Year 2023: Revenue $79.9M, Net Income $6.3M, EPS $0.66. Year 2024: Revenue $85.1M, Net Income $2.9M, EPS $0.30. Year 2025: Revenue $85.1M, Net Income $5.4M, EPS $0.55.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Northern Technologies International Corp.'s revenue has grown significantly by 51% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.55 reflects profitable operations.

NTIC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-2.6%
Free cash flow / Revenue

NTIC Quarterly Earnings & Performance

Quarterly financial performance data for Northern Technologies International Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $21.5M -$60.8K $0.01
Q2 2026 $19.1M -$35.3K $0.00
Q1 2026 $21.3M $237.8K $0.03
Q3 2025 $20.7M $121.8K $0.01
Q2 2025 $19.1M $434.3K $0.04
Q1 2025 $20.2M $561.1K $0.06
Q3 2024 $20.7M $976.6K $0.10
Q2 2024 $18.3M $411.5K $0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Northern Technologies International Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$758.6K
Cash generated from operations
Stock Buybacks
$196.2K
Shares repurchased (TTM)
Capital Expenditures
$1.1M
Investment in assets
Dividends Paid
$189.7K
Returned to shareholders

NTIC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Northern Technologies International Corp. (CIK: 0000875582)

📋 Recent SEC Filings

Date Form Document Action
Jul 31, 2026 4 xslF345X06/primary_doc.xml View →
Jul 21, 2026 4 xslF345X06/primary_doc.xml View →
Jul 9, 2026 10-Q ntic20260531_10q.htm View →
Jul 9, 2026 8-K f8k_070726.htm View →
Jul 2, 2026 4 xslF345X06/primary_doc.xml View →

Frequently Asked Questions about NTIC

What is the AI rating for NTIC?

Northern Technologies International Corp. (NTIC) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 71% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NTIC's key strengths?

Claude: Extremely conservative balance sheet with 0.01x Debt/Equity ratio providing financial flexibility. Solid liquidity metrics (1.72x Current Ratio, 1.15x Quick Ratio) enable near-term obligations management. ChatGPT: Net cash position and very low leverage (D/E 0.01x). Adequate liquidity (current 1.77x, quick 1.13x).

What are the risks of investing in NTIC?

Claude: Revenue contraction of 1.0% YoY combined with negative net profitability (-0.1% margin) signals lost competitiveness. Negative operating cash flow (-$758.6K) and free cash flow (-$1.8M) indicate cash burn from core operations is unsustainable. ChatGPT: Severe earnings deterioration (-98% YoY net income; EPS near zero). Thin profitability (4% operating margin, 1% net margin) and modest interest coverage (3.6x).

What is NTIC's revenue and growth?

Northern Technologies International Corp. reported revenue of $69.5M.

Does NTIC pay dividends?

Northern Technologies International Corp. pays dividends, with $0.2M distributed to shareholders in the trailing twelve months.

Where can I find NTIC SEC filings?

Official SEC filings for Northern Technologies International Corp. (CIK: 0000875582) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NTIC's EPS?

Northern Technologies International Corp. has a diluted EPS of $-0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is NTIC's fundamental grade?

Based on our AI fundamental analysis in August 2026, Northern Technologies International Corp. has a C grade with 71% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is NTIC stock overvalued or undervalued?

Valuation metrics for NTIC: ROE of -0.1% (sector avg: 16%), net margin of -0.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is NTIC's AI grade for 2026?

Our dual AI analysis gives Northern Technologies International Corp. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NTIC's free cash flow?

Northern Technologies International Corp.'s operating cash flow is $-758.6K, with capital expenditures of $1.1M. FCF margin is -2.6%.

How does NTIC compare to other Services stocks?

Vs Services sector averages: Net margin -0.1% (avg: 10%), ROE -0.1% (avg: 16%), current ratio 1.72 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Aug 5, 2026 | Data as of: 2026-05-31 | Powered by Claude AI