Northern Technologies International Corporation (NTIC) AI Stock Analysis

Northern Technologies International Corporation develops and markets rust and corrosion inhibiting products and services worldwide. Operating across North America, South America, Europe, Asia, and the Middle East, the company provides corrosion prevention solutions under the ZERUST brand, including plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered systems for the oil and gas industry. Through its Natur-Tec brand, the company produces bio-based and certified compostable polymer resin compounds. NTIC also offers specialized on-site consulting and technical support to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas clients.

Revenue grew at a 5-year CAGR of 12.1% from FY2020 to FY2025, rising from $56.5M in FY2021 to $85.1M in FY2024 before decreasing 1.0% to $84.2M in FY2025. Gross margin shifted from 34.6% in FY2021 to 39.7% in FY2024 and 37.6% in FY2025, while operating margin moved from 14.7% in FY2021 to -7.1% in FY2025. Net income declined from $6.3M in FY2021 to $17,619 in FY2025, yielding EPS of $0.00. For the trailing twelve months ended May 31, 2026, revenue totaled $91.8M with an operating margin of -4.1%. In the latest quarter, quarterly revenue grew 12.6% year-over-year, while quarterly earnings fell 57.7%.

As of May 31, 2026, NTIC held $8.1M in cash and short-term investments against total debt of $15.8M, resulting in net debt of $7.6M. Shareholders' equity was $72.8M out of $107.1M in total assets, reflecting a debt-to-equity ratio of 0.22 and a current ratio of 1.72. Operating cash flow was $2.4M in FY2025, but capital expenditures of $4.0M led to free cash flow of -$1.5M. In FY2025, cash uses also included $1.5M in dividends paid, while the 5-year share count decreased 2.9%.

NTIC trades at a market cap of $73.2M and an enterprise value of $83.1M. Its forward P/E is 15.9x, above the 13.4x forward P/E median of its US-listed Basic Materials peers. NTIC's EV-to-EBITDA stands at 18.3x compared to the peer median of 10.5x, while its price-to-sales of 0.8x is below the peer median of 1.8x. Over the past year, NTIC returned 1.3%, trailing the S&P 500 (SPY) return of 16.8%. Over five years, the stock fell 48.6%, compared to an 83.0% gain for the S&P 500.

NTIC pays a quarterly dividend with an annual forward dividend of $0.04 per share, translating to a dividend yield of 0.52%. The dividend payout ratio stands at 66.7%, and dividends have been paid for 10 consecutive years. Over five years, the annualized dividend growth rate was 9.0%, with the last ex-dividend date on January 28, 2026.

Wall Street coverage includes 1 Strong Buy rating, 0 Buy, 0 Hold, 0 Sell, and 0 StrongSell ratings. The mean price target is $13.00, representing an upside of 68.6% from the last close of $7.71. For the fiscal year ending August 31, 2026, analysts estimate EPS of $0.10 on revenue of $94.7M. The company beat EPS estimates 0 times over the last 4 quarters, and the next earnings date is November 17, 2026.

This page is an AI-written research summary of Northern Technologies International Corporation (NTIC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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