Reading NTIC? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track NTIC free→Reading NTIC? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track NTIC free→NASDAQMaterialsSpecialty ChemicalsSnapshot 2026-06-15
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is neutral, and earnings quality cannot be assessed as the company was unprofitable over the past year. Management's recent track record has been steady, and it has a capital-friendly stance. Risk is elevated, and the sector backdrop is a headwind, with NTIC trading below typical compared to sector peers. Peer multiples imply a price about 36% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples while recent financials are weak. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 1 valuation methods, at three horizons. Current price $8.02. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $8.02 NTIC trades at 1× p/s, below its 1× p/s peer median. Our $12 fair value sits above the price; medium confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 34% below a flat-multiple fair value, below our forecast of about 8%. This describes what's priced in, not a forecast of the move.
No fragility gates fired. Regime (Crisis) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Materials names rated neutral grew net income 56% of the time over the next year (vs 57% for the rest of the cohort, n=1462).
Over the trailing year it converted 2.74x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
2 material management or governance events in the past 24 months, led by M&A activity. Historically, Materials names rated stable grew net income 45% of the time over the next year (vs 58% for the rest of the cohort, n=210).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.10 → $0.06 (-40.0% / 30d). 0 raised, 1 cut, 1 covering analysts.
0 upgrades, 0 downgrades / 30d. 100% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$75.
How much price usually moves either way.
On a bad day, this stock has moved -$328.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,024.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Earnings results will show how the company is doing now and in the future.
Confirms one read:The earnings report shows better financial numbers than in past quarters.
Confirms the other:The earnings report shows ongoing losses or weak performance.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for NTIC yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On April 9, 2026, Northern Technologies International Corporation (“NTIC”) announced its consolidated financial results for the second fiscal quarter ended February 28, 2026. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and the information set forth therein is incorporated herein by reference and constitutes a part of this report. The information contained in
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
A side-by-side read on sector standing, valuation, and risk versus Specialty Chemicals.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
NTIC Northern Technologies International Corp | Below typical Show detailsSector percentile: 17 of 100 | inexpensive | elevated |
SHW Sherwin-Williams | Typical Show detailsSector percentile: 67 of 100 | full | moderate |
ECL Ecolab | Above typical Show detailsSector percentile: 83 of 100 | expensive | moderate |
PPG PPG Industries | Above typical Show detailsSector percentile: 90 of 100 | fair | moderate |
LYB LyondellBasell | Typical Show detailsSector percentile: 55 of 100 | — | moderate |
Not investment advice. As of 2026-06-15.
via XLB
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
NTIC has suspended its quarterly cash dividend to focus on reducing its outstanding debt.
Newly stated in 2026-Q2. NTIC has suspended its quarterly cash dividend to focus on reducing its outstanding debt. This strategic shift indicates a prioritization of financial stability over immediate shareholder returns. The financials show a net income of -$35,323 in 2026-Q2, highlighting the need for improved financial management.
“NTIC announced the suspension of its quarterly cash dividend to focus on debt reduction.”
NTIC aims to improve profitability as it moves through the second half of fiscal 2026.
Stated in 4 of last 4 quarters. Despite the focus on improving profitability, NTIC reported a net income of -$35,323 in 2026-Q2, indicating limited progress. The recurring emphasis on growth and profitability has yet to translate into positive financial outcomes.
“NTIC expects continued sales growth and improved profitability.”
NTIC is focused on achieving continued sales growth throughout fiscal 2026.
Stated in 4 of last 4 quarters. NTIC's revenue was $21,996,785 in 2026-Q2, a decrease from $23,308,881 in 2026-Q1, indicating a decline in sales growth. Despite management's focus on growth, the financials show a need for improvement in achieving this priority.
“NTIC expects continued sales growth in fiscal 2026.”
Why it matters: If revenue grows, it could mean the materials sector is recovering.
Confirms:Q3 revenue growth reported as positive year over year.
Disproves:Q3 revenue growth remains negative year over year.
Why it matters: The FOMC meeting may change interest rates and the economy. This affects the materials sector.
Confirms one read:The materials sector did better after the FOMC meeting on June 17.
Confirms the other:The materials sector keeps declining after the FOMC meeting.
Other Events. On April 24, 2026, Northern Technologies International Corporation (“NTIC”) announced that the Board of Directors (the “Board”) has suspended NTIC’s quarterly cash dividend on its common stock, beginning with its quarterly cash dividend for the third quarter of fiscal 2026, to focus on the reduction of its outstanding debt. The Board previously had reduced NTIC’s quarterly cash dividend to $0.01 per share beginning with the quarterly cash dividend for its third quarter of fiscal…
Results of Operations and Financial Condition. On January 8, 2026, Northern Technologies International Corporation (“NTIC”) announced its consolidated financial results for the first quarter ended November 30, 2025. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and the information set forth therein is incorporated herein by reference and constitutes a part of this report. The information contained in
Entry Into a Material Definitive Agreement. On December 18, 2025, Northern Technologies International Corporation (“NTIC”) and JPMorgan Chase Bank, N.A. (“JPM”) entered into a Note Modification Agreement pursuant to which NTIC and JPM modified that certain Line of Credit Note dated as of July 8, 2025 in the principal amount of $10.0 million issued by NTIC to JPM to change the maturity date from January 5, 2026 to February 5, 2027. All other material terms of the Line of Credit Note remain the…
Results of Operations and Financial Condition. On November 18, 2025, Northern Technologies International Corporation (“NTIC”) announced its consolidated financial results for the fourth quarter and fiscal year ended August 31, 2025. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and the information set forth therein is incorporated herein by reference and constitutes a part of this report. The information contained in
“We believe we are well positioned for continued sales growth in fiscal 2026.”
“NTIC is positioned to deliver growth and improved profitability.”
“We are well positioned for growth and profitability across many of our markets.”
“We believe we are well positioned for continued sales growth in fiscal 2026.”
“NTIC is positioned to deliver growth across many of our key markets.”
“We are well positioned for growth across many of our markets.”