Company Analysis

Northern Technologies International Corporation (NTIC)

Nasdaq: NTIC · Coating, Engraving & Allied Services · Circle Pines, MN · filing with the SEC since 1996
Grade5.1
◀ Past 5.3● Present 5.6▶ Future 4.4

The grade of Northern Technologies International Corporation

Nine metrics read from its own filings, by tense
Headline grade
5.1/10
◀ Past5.330% of the headline
● Present5.640% of the headline
▶ Future4.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.3/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.4/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2023-11-21.

weight 33% of this tense · 34th percentile among 37 sector filers · read for itself

From the record

Northern Technologies International Corporation's filings since 2017 show 1 warning event: a warning not to rely on past financial statements (8-K item 4.02, the latest 2023-11-21) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.5/10

What has it actually done, year after year?

+9.9% a year over 9 filed years; profitable in 8 of 9.

weight 45% of this tense · 65th percentile among 34 sector filers · read for its customers

From the record

Northern Technologies International Corporation's 9 filed years say what it did: revenue went from $40 million in fiscal 2017 to $84 million in fiscal 2025, up 9.9% a year; it rose in 6 of 8 years; the deepest fall was 15% from fiscal 2019 to fiscal 2020; net income was positive in 8 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span9.9%top 20% of its family
  • the share of years revenue rosetop 34% of its family
  • the share of filed years with a profitbottom 49% of its family
  • the deepest fall from a revenue peak14.5%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.9/10

How has it treated the people who own it?

Share count steady. 49% of cash flow returned. Insiders: 3 sales, 0 purchases.

weight 22% of this tense · 59th percentile among 26 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-08-31, Northern Technologies International Corporation's diluted share count held steady, and dividends and buybacks returned about 49% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 44% of its family
  • cash returned against operating cash flowtop 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.6/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.5/10

Is it financially healthy right now?

ROE 0%: 0¢ of profit per shareholder dollar. Leverage 25%: owes 25¢ per asset dollar.

weight 45% of this tense · 65th percentile among 34 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-08-31, Northern Technologies International Corporation earned about 0 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 31 cents per dollar of everything the company owns. Leverage: it owed about 25 cents per dollar of assets, and net share issuance: its share count shrank 2.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 18% of its family
  • return on equitybottom 32% of its family
  • gross profit against assetstop 28% of its family
  • the share count against the year beforetop 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.3/10

How strong is its position in its industry?

bottom 43% of 35 in its family; net margin 0%.

weight 33% of this tense · 43rd percentile among 35 sector filers · read for its customers

From the record

Northern Technologies International Corporation's standing among 35 graded names in its industry family: revenue of $84 million in fiscal 2025 ranks in the bottom 24% by size; a net margin of 0% ranks in the bottom 33%; revenue growth of 4.3% a year over the last 3 filed years ranks in the top 28% (its annual reports).

What it rests on

  • revenue against the family$84.2Mbottom 24% of its family
  • net margin0.0%bottom 33% of its family
  • three-year revenue growth4.3%top 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.6/10

What are the people in charge doing?

top 44% of 28 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 56th percentile among 28 sector filers · read for its shareholders

From the record

Northern Technologies International Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Ramdas, Gautam (President and CEO, as filed), filing under that title since 2026-09-09, 2 months (bottom 2% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 14 years (top 6%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 27%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge3 in three years among 11 peopletop 27% of its family
  • the median years the people in charge have filed14.0 yearstop 6% of its family
  • the chief executive's years on the record2 monthsbottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.9/10

How much room does it have to grow?

top 41% of 32 in its family for room to expand.

weight 45% of this tense · 59th percentile among 32 sector filers · read for itself

From the record

Northern Technologies International Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $7 million against no long-term debt tagged leaves 7.1% of its assets as net cash, top 30% of its family; cash from operations less capital spending is 1.1% of revenue (bottom 33%); a gross margin of 37.6% (top 32%); research spending of 6% of revenue (top 34%) (its annual report).

What it rests on

  • cash less debt against assets7.1%top 30% of its family
  • cash from operations less capital spending against revenue1.1%bottom 33% of its family
  • gross margin37.6%top 32% of its family
  • research spending against revenue6.0%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.1/10

What could actually drive growth from here?

bottom 41% of 34 in its family for growth drivers.

weight 33% of this tense · 41st percentile among 34 sector filers · read for its customers

From the record

Northern Technologies International Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 4.3% a year over the last three filed years against 9.9% over all 9, slowing (bottom 41% of its family); the newest year grew -1% (bottom 31%); research spending grew 1.8% a year (bottom 42%); capital spending grew 0.7% a year (top 50%) (its annual reports). Northern Technologies International Corporation reported 2 lines of business in fiscal 2025: ZERUST at $62 million (74%), Natur Tec at $22 million (26%); 0 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-5.6 points a yearbottom 41% of its family
  • the newest year's revenue growth-1.0%bottom 31% of its family
  • three-year growth of research spending1.8%bottom 42% of its family
  • three-year growth of capital spending0.7%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.7/10

Did its newest year beat what its own record pointed to?

bottom 17% of 34 in its family for expectations against reality.

weight 22% of this tense · 17th percentile among 34 sector filers · read for its shareholders

From the record

Northern Technologies International Corporation's newest year against its own record: revenue of $84 million in fiscal 2025 came in 7.5% below the $91 million its prior three years' pace pointed to (bottom 16% of its family); net income of $18 thousand against a prior three-year average of $5 million (bottom 16%); a net margin of 0% against 6.2% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-7.5%bottom 16% of its family
  • net income against the prior three years' average-100%bottom 16% of its family
  • net margin against its prior average-6.2 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NTIC · research, not advice